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

Ref CPI and Index Ratios for May 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            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:                     May 2008
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2008                211.080
    CPI-U (NSA) February 2008               211.693
    CPI-U (NSA) March 2008                  213.528

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2008    211.69300       1.17738
    May            2       2008    211.75219       1.17771
    May            3       2008    211.81139       1.17804
    May            4       2008    211.87058       1.17837
    May            5       2008    211.92977       1.17870
    May            6       2008    211.98897       1.17903
    May            7       2008    212.04816       1.17936
    May            8       2008    212.10735       1.17968
    May            9       2008    212.16655       1.18001
    May            10      2008    212.22574       1.18034
    May            11      2008    212.28494       1.18067
    May            12      2008    212.34413       1.18100
    May            13      2008    212.40332       1.18133
    May            14      2008    212.46252       1.18166
    May            15      2008    212.52171       1.18199
    May            16      2008    212.58090       1.18232
    May            17      2008    212.64010       1.18265
    May            18      2008    212.69929       1.18298
    May            19      2008    212.75848       1.18331
    May            20      2008    212.81768       1.18364
    May            21      2008    212.87687       1.18396
    May            22      2008    212.93606       1.18429
    May            23      2008    212.99526       1.18462
    May            24      2008    213.05445       1.18495
    May            25      2008    213.11365       1.18528
    May            26      2008    213.17284       1.18561
    May            27      2008    213.23203       1.18594
    May            28      2008    213.29123       1.18627
    May            29      2008    213.35042       1.18660
    May            30      2008    213.40961       1.18693
    May            31      2008    213.46881       1.18726