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

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

    CPI-U (NSA) March 2008                  213.528
    CPI-U (NSA) April 2008                  214.823
    CPI-U (NSA) May 2008                    216.632

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    July           1       2008    214.82300       1.05865
    July           2       2008    214.88135       1.05894
    July           3       2008    214.93971       1.05923
    July           4       2008    214.99806       1.05951
    July           5       2008    215.05642       1.05980
    July           6       2008    215.11477       1.06009
    July           7       2008    215.17313       1.06038
    July           8       2008    215.23148       1.06066
    July           9       2008    215.28984       1.06095
    July           10      2008    215.34819       1.06124
    July           11      2008    215.40655       1.06153
    July           12      2008    215.46490       1.06181
    July           13      2008    215.52326       1.06210
    July           14      2008    215.58161       1.06239
    July           15      2008    215.63997       1.06268
    July           16      2008    215.69832       1.06296
    July           17      2008    215.75668       1.06325
    July           18      2008    215.81503       1.06354
    July           19      2008    215.87339       1.06383
    July           20      2008    215.93174       1.06412
    July           21      2008    215.99010       1.06440
    July           22      2008    216.04845       1.06469
    July           23      2008    216.10681       1.06498
    July           24      2008    216.16516       1.06527
    July           25      2008    216.22352       1.06555
    July           26      2008    216.28187       1.06584
    July           27      2008    216.34023       1.06613
    July           28      2008    216.39858       1.06642
    July           29      2008    216.45694       1.06670
    July           30      2008    216.51529       1.06699
    July           31      2008    216.57365       1.06728