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

Ref CPI and Index Ratios for August 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:                     August 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) April 2008                  214.823
    CPI-U (NSA) May 2008                    216.632
    CPI-U (NSA) June 2008                   218.815

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    August         1       2008    216.63200       1.07422
    August         2       2008    216.70242       1.07457
    August         3       2008    216.77284       1.07492
    August         4       2008    216.84326       1.07527
    August         5       2008    216.91368       1.07562
    August         6       2008    216.98410       1.07597
    August         7       2008    217.05452       1.07631
    August         8       2008    217.12494       1.07666
    August         9       2008    217.19535       1.07701
    August         10      2008    217.26577       1.07736
    August         11      2008    217.33619       1.07771
    August         12      2008    217.40661       1.07806
    August         13      2008    217.47703       1.07841
    August         14      2008    217.54745       1.07876
    August         15      2008    217.61787       1.07911
    August         16      2008    217.68829       1.07946
    August         17      2008    217.75871       1.07981
    August         18      2008    217.82913       1.08016
    August         19      2008    217.89955       1.08051
    August         20      2008    217.96997       1.08085
    August         21      2008    218.04039       1.08120
    August         22      2008    218.11081       1.08155
    August         23      2008    218.18123       1.08190
    August         24      2008    218.25165       1.08225
    August         25      2008    218.32206       1.08260
    August         26      2008    218.39248       1.08295
    August         27      2008    218.46290       1.08330
    August         28      2008    218.53332       1.08365
    August         29      2008    218.60374       1.08400
    August         30      2008    218.67416       1.08435
    August         31      2008    218.74458       1.08470