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2-3/8% 5-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due April 15, 2011

Ref CPI and Index Ratios for May 2007

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series G-2011
    CUSIP NUMBER:                           912828FB1
    DATED DATE:                             April 15, 2006
    ORIGINAL ISSUE DATE:                    April 28, 2006
    ADDITIONAL ISSUE DATE:                  October 31, 2006
    MATURITY DATE:                          April 15, 2011
    Ref CPI on DATED DATE:                  198.48667
    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       1.02525
    May             2       2007    203.55877       1.02555
    May             3       2007    203.61855       1.02586
    May             4       2007    203.67832       1.02616
    May             5       2007    203.73810       1.02646
    May             6       2007    203.79787       1.02676
    May             7       2007    203.85765       1.02706
    May             8       2007    203.91742       1.02736
    May             9       2007    203.97719       1.02766
    May             10      2007    204.03697       1.02796
    May             11      2007    204.09674       1.02826
    May             12      2007    204.15652       1.02857
    May             13      2007    204.21629       1.02887
    May             14      2007    204.27606       1.02917
    May             15      2007    204.33584       1.02947
    May             16      2007    204.39561       1.02977
    May             17      2007    204.45539       1.03007
    May             18      2007    204.51516       1.03037
    May             19      2007    204.57494       1.03067
    May             20      2007    204.63471       1.03097
    May             21      2007    204.69448       1.03128
    May             22      2007    204.75426       1.03158
    May             23      2007    204.81403       1.03188
    May             24      2007    204.87381       1.03218
    May             25      2007    204.93358       1.03248
    May             26      2007    204.99335       1.03278
    May             27      2007    205.05313       1.03308
    May             28      2007    205.11290       1.03338
    May             29      2007    205.17268       1.03368
    May             30      2007    205.23245       1.03399
    May             31      2007    205.29223       1.03429