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3% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2012

Ref CPI and Index Ratios for July 2007

     Contact: Office of Financing            202-504-3550
     DESCRIPTION:                            Series C-2012
     CUSIP NUMBER:                           912828AF7
     DATED DATE:                             July 15, 2002
     ORIGINAL ISSUE DATE:                    July 15, 2002
     ADDITIONAL ISSUE DATE:                  October 15, 2002
                                             January 15, 2003
     MATURITY DATE:                          July 15, 2012
     Ref CPI on DATED DATE:                  179.80000
     TABLE FOR MONTH OF:                     July 2007
     NUMBER OF DAYS IN MONTH:                31

     CPI-U (NSA) March 2007                  205.352
     CPI-U (NSA) April 2007                  206.686
     CPI-U (NSA) May 2007                    207.949

     Month   Calendar Day    Year    Ref CPI       Index Ratio

     July            1       2007    206.68600       1.14953
     July            2       2007    206.72674       1.14976
     July            3       2007    206.76748       1.14999
     July            4       2007    206.80823       1.15021
     July            5       2007    206.84897       1.15044
     July            6       2007    206.88971       1.15067
     July            7       2007    206.93045       1.15089
     July            8       2007    206.97119       1.15112
     July            9       2007    207.01194       1.15135
     July            10      2007    207.05268       1.15157
     July            11      2007    207.09342       1.15180
     July            12      2007    207.13416       1.15203
     July            13      2007    207.17490       1.15225
     July            14      2007    207.21565       1.15248
     July            15      2007    207.25639       1.15271
     July            16      2007    207.29713       1.15293
     July            17      2007    207.33787       1.15316
     July            18      2007    207.37861       1.15338
     July            19      2007    207.41935       1.15361
     July            20      2007    207.46010       1.15384
     July            21      2007    207.50084       1.15406
     July            22      2007    207.54158       1.15429
     July            23      2007    207.58232       1.15452
     July            24      2007    207.62306       1.15474
     July            25      2007    207.66381       1.15497
     July            26      2007    207.70455       1.15520
     July            27      2007    207.74529       1.15542
     July            28      2007    207.78603       1.15565
     July            29      2007    207.82677       1.15588
     July            30      2007    207.86752       1.15610
     July            31      2007    207.90826       1.15633