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

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

    CPI-U (NSA) June 2008                   218.815
    CPI-U (NSA) July 2008                   219.964
    CPI-U (NSA) August 2008                 219.086

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    October        1       2008    219.96400       1.16694
    October        2       2008    219.93568       1.16679
    October        3       2008    219.90735       1.16664
    October        4       2008    219.87903       1.16649
    October        5       2008    219.85071       1.16634
    October        6       2008    219.82239       1.16619
    October        7       2008    219.79406       1.16604
    October        8       2008    219.76574       1.16589
    October        9       2008    219.73742       1.16574
    October        10      2008    219.70910       1.16559
    October        11      2008    219.68077       1.16544
    October        12      2008    219.65245       1.16528
    October        13      2008    219.62413       1.16513
    October        14      2008    219.59581       1.16498
    October        15      2008    219.56748       1.16483
    October        16      2008    219.53916       1.16468
    October        17      2008    219.51084       1.16453
    October        18      2008    219.48252       1.16438
    October        19      2008    219.45419       1.16423
    October        20      2008    219.42587       1.16408
    October        21      2008    219.39755       1.16393
    October        22      2008    219.36923       1.16378
    October        23      2008    219.34090       1.16363
    October        24      2008    219.31258       1.16348
    October        25      2008    219.28426       1.16333
    October        26      2008    219.25594       1.16318
    October        27      2008    219.22761       1.16303
    October        28      2008    219.19929       1.16288
    October        29      2008    219.17097       1.16273
    October        30      2008    219.14265       1.16258
    October        31      2008    219.11432       1.16243