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

Ref CPI and Index Ratios for May 2008

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            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:                     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       1.04323
    May            2       2008    211.75219       1.04352
    May            3       2008    211.81139       1.04381
    May            4       2008    211.87058       1.04410
    May            5       2008    211.92977       1.04439
    May            6       2008    211.98897       1.04469
    May            7       2008    212.04816       1.04498
    May            8       2008    212.10735       1.04527
    May            9       2008    212.16655       1.04556
    May            10      2008    212.22574       1.04585
    May            11      2008    212.28494       1.04614
    May            12      2008    212.34413       1.04644
    May            13      2008    212.40332       1.04673
    May            14      2008    212.46252       1.04702
    May            15      2008    212.52171       1.04731
    May            16      2008    212.58090       1.04760
    May            17      2008    212.64010       1.04789
    May            18      2008    212.69929       1.04819
    May            19      2008    212.75848       1.04848
    May            20      2008    212.81768       1.04877
    May            21      2008    212.87687       1.04906
    May            22      2008    212.93606       1.04935
    May            23      2008    212.99526       1.04964
    May            24      2008    213.05445       1.04994
    May            25      2008    213.11365       1.05023
    May            26      2008    213.17284       1.05052
    May            27      2008    213.23203       1.05081
    May            28      2008    213.29123       1.05110
    May            29      2008    213.35042       1.05139
    May            30      2008    213.40961       1.05169
    May            31      2008    213.46881       1.05198