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1-3/4% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2028

Ref CPI and Index Ratios for May 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            TIPS of January 2028
    CUSIP NUMBER:                           912810PV4
    DATED DATE:                             January 15, 2008
    ORIGINAL ISSUE DATE:                    January 31, 2008
    ADDITIONAL ISSUE DATE:                  July 31, 2008
    MATURITY DATE:                          January 15, 2028
    Ref CPI on DATED DATE:                  209.49645
    TABLE FOR MONTH OF:                     May 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2011                220.223
    CPI-U (NSA) February 2011               221.309
    CPI-U (NSA) March 2011                  223.467

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2011    221.30900       1.05639
    May            2       2011    221.37861       1.05672
    May            3       2011    221.44823       1.05705
    May            4       2011    221.51784       1.05738
    May            5       2011    221.58745       1.05771
    May            6       2011    221.65706       1.05805
    May            7       2011    221.72668       1.05838
    May            8       2011    221.79629       1.05871
    May            9       2011    221.86590       1.05904
    May            10      2011    221.93552       1.05938
    May            11      2011    222.00513       1.05971
    May            12      2011    222.07474       1.06004
    May            13      2011    222.14435       1.06037
    May            14      2011    222.21397       1.06071
    May            15      2011    222.28358       1.06104
    May            16      2011    222.35319       1.06137
    May            17      2011    222.42281       1.06170
    May            18      2011    222.49242       1.06203
    May            19      2011    222.56203       1.06237
    May            20      2011    222.63165       1.06270
    May            21      2011    222.70126       1.06303
    May            22      2011    222.77087       1.06336
    May            23      2011    222.84048       1.06370
    May            24      2011    222.91010       1.06403
    May            25      2011    222.97971       1.06436
    May            26      2011    223.04932       1.06469
    May            27      2011    223.11894       1.06502
    May            28      2011    223.18855       1.06536
    May            29      2011    223.25816       1.06569
    May            30      2011    223.32777       1.06602
    May            31      2011    223.39739       1.06635