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2% 5-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due April 15, 2012

Ref CPI and Index Ratios for March 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            Series J-2012
    CUSIP NUMBER:                           912828GN4
    DATED DATE:                             April 15, 2007
    ORIGINAL ISSUE DATE:                    April 30, 2007
    ADDITIONAL ISSUE DATE:                  October 31, 2007
    MATURITY DATE:                          April 15, 2012
    Ref CPI on DATED DATE:                  202.92140
    TABLE FOR MONTH OF:                     March 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2007               210.177
    CPI-U (NSA) December 2007               210.036
    CPI-U (NSA) January 2008                211.080

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    March           1       2008    210.03600       1.03506
    March           2       2008    210.06968       1.03523
    March           3       2008    210.10335       1.03539
    March           4       2008    210.13703       1.03556
    March           5       2008    210.17071       1.03572
    March           6       2008    210.20439       1.03589
    March           7       2008    210.23806       1.03606
    March           8       2008    210.27174       1.03622
    March           9       2008    210.30542       1.03639
    March           10      2008    210.33910       1.03655
    March           11      2008    210.37277       1.03672
    March           12      2008    210.40645       1.03689
    March           13      2008    210.44013       1.03705
    March           14      2008    210.47381       1.03722
    March           15      2008    210.50748       1.03738
    March           16      2008    210.54116       1.03755
    March           17      2008    210.57484       1.03772
    March           18      2008    210.60852       1.03788
    March           19      2008    210.64219       1.03805
    March           20      2008    210.67587       1.03821
    March           21      2008    210.70955       1.03838
    March           22      2008    210.74323       1.03855
    March           23      2008    210.77690       1.03871
    March           24      2008    210.81058       1.03888
    March           25      2008    210.84426       1.03904
    March           26      2008    210.87794       1.03921
    March           27      2008    210.91161       1.03938
    March           28      2008    210.94529       1.03954
    March           29      2008    210.97897       1.03971
    March           30      2008    211.01265       1.03987
    March           31      2008    211.04632       1.04004