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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 2012

    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 2012
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2012                226.665
    CPI-U (NSA) February 2012               227.663
    CPI-U (NSA) March 2012                  229.392

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2012    227.66300       1.08672
    May            2       2012    227.71877       1.08698
    May            3       2012    227.77455       1.08725
    May            4       2012    227.83032       1.08751
    May            5       2012    227.88610       1.08778
    May            6       2012    227.94187       1.08805
    May            7       2012    227.99765       1.08831
    May            8       2012    228.05342       1.08858
    May            9       2012    228.10919       1.08885
    May            10      2012    228.16497       1.08911
    May            11      2012    228.22074       1.08938
    May            12      2012    228.27652       1.08964
    May            13      2012    228.33229       1.08991
    May            14      2012    228.38806       1.09018
    May            15      2012    228.44384       1.09044
    May            16      2012    228.49961       1.09071
    May            17      2012    228.55539       1.09098
    May            18      2012    228.61116       1.09124
    May            19      2012    228.66694       1.09151
    May            20      2012    228.72271       1.09177
    May            21      2012    228.77848       1.09204
    May            22      2012    228.83426       1.09231
    May            23      2012    228.89003       1.09257
    May            24      2012    228.94581       1.09284
    May            25      2012    229.00158       1.09310
    May            26      2012    229.05735       1.09337
    May            27      2012    229.11313       1.09364
    May            28      2012    229.16890       1.09390
    May            29      2012    229.22468       1.09417
    May            30      2012    229.28045       1.09444
    May            31      2012    229.33623       1.09470