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2-3/8% 20-1/2-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2025

Ref CPI and Index Ratios for September 2006

    Contact: Office of Financing       202-504-3550
    DESCRIPTION:                            TIPS of January 2025
    CUSIP NUMBER:                           912810FR4
    DATED DATE:                             July 15, 2004
    ORIGINAL ISSUE DATE:                    July 30, 2004
    ADDITIONAL ISSUE DATE:                  January 31, 2005
                                            July 29,2005
    MATURITY DATE:                          January 15, 2025
    Ref CPI on DATED DATE:                  188.49677
    TABLE FOR MONTH OF:                     September 2006
    NUMBER OF DAYS IN MONTH:                30

    CPI-U (NSA) May 2006                    202.5
    CPI-U (NSA) June 2006                   202.9
    CPI-U (NSA) July 2006                   203.5

    Month    Calendar Day    Year     Ref CPI      Index Ratio

    September       1        2006    202.90000       1.07641
    September       2        2006    202.92000       1.07652
    September       3        2006    202.94000       1.07662
    September       4        2006    202.96000       1.07673
    September       5        2006    202.98000       1.07684
    September       6        2006    203.00000       1.07694
    September       7        2006    203.02000       1.07705
    September       8        2006    203.04000       1.07715
    September       9        2006    203.06000       1.07726
    September       10       2006    203.08000       1.07737
    September       11       2006    203.10000       1.07747
    September       12       2006    203.12000       1.07758
    September       13       2006    203.14000       1.07768
    September       14       2006    203.16000       1.07779
    September       15       2006    203.18000       1.07790
    September       16       2006    203.20000       1.07800
    September       17       2006    203.22000       1.07811
    September       18       2006    203.24000       1.07821
    September       19       2006    203.26000       1.07832
    September       20       2006    203.28000       1.07843
    September       21       2006    203.30000       1.07853
    September       22       2006    203.32000       1.07864
    September       23       2006    203.34000       1.07875
    September       24       2006    203.36000       1.07885
    September       25       2006    203.38000       1.07896
    September       26       2006    203.40000       1.07906
    September       27       2006    203.42000       1.07917
    September       28       2006    203.44000       1.07928
    September       29       2006    203.46000       1.07938
    September       30       2006    203.48000       1.07949