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3-1/2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2011

Ref CPI and Index Ratios for May 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series A-2011
    CUSIP NUMBER:                           9128276R8
    DATED DATE:                             January 15, 2001
    ORIGINAL ISSUE DATE:                    January 16, 2001
    ADDITIONAL ISSUE DATE:                  July 16, 2001
    MATURITY DATE:                          January 15, 2011
    Ref CPI on DATED DATE:                  174.04516
    TABLE FOR MONTH OF:                     May 2007
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2007                202.416
    CPI-U (NSA) February 2007               203.499
    CPI-U (NSA) March 2007                  205.352

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    May             1       2007    203.49900       1.16923
    May             2       2007    203.55877       1.16957
    May             3       2007    203.61855       1.16992
    May             4       2007    203.67832       1.17026
    May             5       2007    203.73810       1.17060
    May             6       2007    203.79787       1.17095
    May             7       2007    203.85765       1.17129
    May             8       2007    203.91742       1.17164
    May             9       2007    203.97719       1.17198
    May             10      2007    204.03697       1.17232
    May             11      2007    204.09674       1.17267
    May             12      2007    204.15652       1.17301
    May             13      2007    204.21629       1.17335
    May             14      2007    204.27606       1.17370
    May             15      2007    204.33584       1.17404
    May             16      2007    204.39561       1.17438
    May             17      2007    204.45539       1.17473
    May             18      2007    204.51516       1.17507
    May             19      2007    204.57494       1.17541
    May             20      2007    204.63471       1.17576
    May             21      2007    204.69448       1.17610
    May             22      2007    204.75426       1.17644
    May             23      2007    204.81403       1.17679
    May             24      2007    204.87381       1.17713
    May             25      2007    204.93358       1.17747
    May             26      2007    204.99335       1.17782
    May             27      2007    205.05313       1.17816
    May             28      2007    205.11290       1.17850
    May             29      2007    205.17268       1.17885
    May             30      2007    205.23245       1.17919
    May             31      2007    205.29223       1.17953