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

Ref CPI and Index Ratios for November 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            A-2014
    CUSIP NUMBER:                           912828BW9
    DATED DATE:                             January 15, 2004
    ORIGINAL ISSUE DATE:                    January 15, 2004
    ADDITIONAL ISSUE DATE:                  April 15, 2004
    MATURITY DATE:                          January 15, 2014
    Ref CPI on DATED DATE:                  184.77419
    TABLE FOR MONTH OF:                     November 2011
    NUMBER OF DAYS IN MONTH:                30

    CPI-U (NSA) July 2011                   225.922
    CPI-U (NSA) August 2011                 226.545
    CPI-U (NSA) September 2011              226.889

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    November       1       2011    226.54500       1.22606
    November       2       2011    226.55647       1.22613
    November       3       2011    226.56793       1.22619
    November       4       2011    226.57940       1.22625
    November       5       2011    226.59087       1.22631
    November       6       2011    226.60233       1.22637
    November       7       2011    226.61380       1.22644
    November       8       2011    226.62527       1.22650
    November       9       2011    226.63673       1.22656
    November       10      2011    226.64820       1.22662
    November       11      2011    226.65967       1.22668
    November       12      2011    226.67113       1.22675
    November       13      2011    226.68260       1.22681
    November       14      2011    226.69407       1.22687
    November       15      2011    226.70553       1.22693
    November       16      2011    226.71700       1.22699
    November       17      2011    226.72847       1.22706
    November       18      2011    226.73993       1.22712
    November       19      2011    226.75140       1.22718
    November       20      2011    226.76287       1.22724
    November       21      2011    226.77433       1.22731
    November       22      2011    226.78580       1.22737
    November       23      2011    226.79727       1.22743
    November       24      2011    226.80873       1.22749
    November       25      2011    226.82020       1.22755
    November       26      2011    226.83167       1.22762
    November       27      2011    226.84313       1.22768
    November       28      2011    226.85460       1.22774
    November       29      2011    226.86607       1.22780
    November       30      2011    226.87753       1.22786