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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 February 2007

    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:                     February 2007
    NUMBER OF DAYS IN MONTH:                28

    CPI-U (NSA) October 2006                201.8
    CPI-U (NSA) November 2006               201.5
    CPI-U (NSA) December 2006               201.8

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    February        1       2007    201.50000       1.06898
    February        2       2007    201.51071       1.06904
    February        3       2007    201.52143       1.06910
    February        4       2007    201.53214       1.06915
    February        5       2007    201.54286       1.06921
    February        6       2007    201.55357       1.06927
    February        7       2007    201.56429       1.06932
    February        8       2007    201.57500       1.06938
    February        9       2007    201.58571       1.06944
    February        10      2007    201.59643       1.06950
    February        11      2007    201.60714       1.06955
    February        12      2007    201.61786       1.06961
    February        13      2007    201.62857       1.06967
    February        14      2007    201.63929       1.06972
    February        15      2007    201.65000       1.06978
    February        16      2007    201.66071       1.06984
    February        17      2007    201.67143       1.06989
    February        18      2007    201.68214       1.06995
    February        19      2007    201.69286       1.07001
    February        20      2007    201.70357       1.07006
    February        21      2007    201.71429       1.07012
    February        22      2007    201.72500       1.07018
    February        23      2007    201.73571       1.07023
    February        24      2007    201.74643       1.07029
    February        25      2007    201.75714       1.07035
    February        26      2007    201.76786       1.07040
    February        27      2007    201.77857       1.07046
    February        28      2007    201.78929       1.07052