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2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due July 15, 2014

Ref CPI and Index Ratios for June 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            D-2014
    CUSIP NUMBER:                           912828CP3
    DATED DATE:                             July 15, 2004
    ORIGINAL ISSUE DATE:                    July 15, 2004
    ADDITIONAL ISSUE DATE:                  October 15, 2004
    MATURITY DATE:                          July 15, 2014
    Ref CPI on DATED DATE:                  188.49677
    TABLE FOR MONTH OF:                     June 2008
    NUMBER OF DAYS IN MONTH:                30

    CPI-U (NSA) February 2008               211.693
    CPI-U (NSA) March 2008                  213.528
    CPI-U (NSA) April 2008                  214.823

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    June           1       2008    213.52800       1.13279
    June           2       2008    213.57117       1.13302
    June           3       2008    213.61433       1.13325
    June           4       2008    213.65750       1.13348
    June           5       2008    213.70067       1.13371
    June           6       2008    213.74383       1.13394
    June           7       2008    213.78700       1.13417
    June           8       2008    213.83017       1.13440
    June           9       2008    213.87333       1.13463
    June           10      2008    213.91650       1.13485
    June           11      2008    213.95967       1.13508
    June           12      2008    214.00283       1.13531
    June           13      2008    214.04600       1.13554
    June           14      2008    214.08917       1.13577
    June           15      2008    214.13233       1.13600
    June           16      2008    214.17550       1.13623
    June           17      2008    214.21867       1.13646
    June           18      2008    214.26183       1.13669
    June           19      2008    214.30500       1.13692
    June           20      2008    214.34817       1.13715
    June           21      2008    214.39133       1.13737
    June           22      2008    214.43450       1.13760
    June           23      2008    214.47767       1.13783
    June           24      2008    214.52083       1.13806
    June           25      2008    214.56400       1.13829
    June           26      2008    214.60717       1.13852
    June           27      2008    214.65033       1.13875
    June           28      2008    214.69350       1.13898
    June           29      2008    214.73667       1.13921
    June           30      2008    214.77983       1.13944