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

Ref CPI and Index Ratios for January 2008

     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:                     January 2008
     NUMBER OF DAYS IN MONTH:                31

     CPI-U (NSA) September 2007              208.490
     CPI-U (NSA) October 2007                208.936
     CPI-U (NSA) November 2007               210.177

     Month   Calendar Day    Year    Ref CPI       Index Ratio

     January         1       2008    208.93600       1.16205
     January         2       2008    208.97603       1.16227
     January         3       2008    209.01606       1.16249
     January         4       2008    209.05610       1.16271
     January         5       2008    209.09613       1.16294
     January         6       2008    209.13616       1.16316
     January         7       2008    209.17619       1.16338
     January         8       2008    209.21623       1.16361
     January         9       2008    209.25626       1.16383
     January         10      2008    209.29629       1.16405
     January         11      2008    209.33632       1.16427
     January         12      2008    209.37635       1.16450
     January         13      2008    209.41639       1.16472
     January         14      2008    209.45642       1.16494
     January         15      2008    209.49645       1.16516
     January         16      2008    209.53648       1.16539
     January         17      2008    209.57652       1.16561
     January         18      2008    209.61655       1.16583
     January         19      2008    209.65658       1.16605
     January         20      2008    209.69661       1.16628
     January         21      2008    209.73665       1.16650
     January         22      2008    209.77668       1.16672
     January         23      2008    209.81671       1.16694
     January         24      2008    209.85674       1.16717
     January         25      2008    209.89677       1.16739
     January         26      2008    209.93681       1.16761
     January         27      2008    209.97684       1.16784
     January         28      2008    210.01687       1.16806
     January         29      2008    210.05690       1.16828
     January         30      2008    210.09694       1.16850
     January         31      2008    210.13697       1.16873