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2-3/8% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2027

Ref CPI and Index Ratios for April 2008

    Contact: Office of Financing       202-504-3550
    DESCRIPTION:                       TIPS of January 2027
    CUSIP NUMBER:                      912810PS1
    DATED DATE:                        January 15, 2007
    ORIGINAL ISSUE DATE:               January 31, 2007
    ADDITIONAL ISSUE DATE:             July 31, 2007
    MATURITY DATE:                     January 15, 2027
    Ref CPI on DATED DATE:             201.66452
    TABLE FOR MONTH OF:                April 2008
    NUMBER OF DAYS IN MONTH:           30

    CPI-U (NSA) December 2007          210.036
    CPI-U (NSA) January 2008           211.080
    CPI-U (NSA) February 2008          211.693

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    April        1          2008    211.08000       1.04669
    April        2          2008    211.10043       1.04679
    April        3          2008    211.12087       1.04689
    April        4          2008    211.14130       1.04699
    April        5          2008    211.16173       1.04709
    April        6          2008    211.18217       1.04720
    April        7          2008    211.20260       1.04730
    April        8          2008    211.22303       1.04740
    April        9          2008    211.24347       1.04750
    April        10         2008    211.26390       1.04760
    April        11         2008    211.28433       1.04770
    April        12         2008    211.30477       1.04780
    April        13         2008    211.32520       1.04790
    April        14         2008    211.34563       1.04801
    April        15         2008    211.36607       1.04811
    April        16         2008    211.38650       1.04821
    April        17         2008    211.40693       1.04831
    April        18         2008    211.42737       1.04841
    April        19         2008    211.44780       1.04851
    April        20         2008    211.46823       1.04861
    April        21         2008    211.48867       1.04872
    April        22         2008    211.50910       1.04882
    April        23         2008    211.52953       1.04892
    April        24         2008    211.54997       1.04902
    April        25         2008    211.57040       1.04912
    April        26         2008    211.59083       1.04922
    April        27         2008    211.61127       1.04932
    April        28         2008    211.63170       1.04942
    April        29         2008    211.65213       1.04953
    April        30         2008    211.67257       1.04963