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

Ref CPI and Index Ratios for July 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:                     July 2012
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) March 2012                  229.392
    CPI-U (NSA) April 2012                  230.085
    CPI-U (NSA) May 2012                    229.815

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    July           1       2012    230.08500       1.09828
    July           2       2012    230.07629       1.09823
    July           3       2012    230.06758       1.09819
    July           4       2012    230.05887       1.09815
    July           5       2012    230.05016       1.09811
    July           6       2012    230.04145       1.09807
    July           7       2012    230.03274       1.09803
    July           8       2012    230.02403       1.09799
    July           9       2012    230.01532       1.09794
    July           10      2012    230.00661       1.09790
    July           11      2012    229.99790       1.09786
    July           12      2012    229.98919       1.09782
    July           13      2012    229.98048       1.09778
    July           14      2012    229.97177       1.09774
    July           15      2012    229.96306       1.09769
    July           16      2012    229.95435       1.09765
    July           17      2012    229.94565       1.09761
    July           18      2012    229.93694       1.09757
    July           19      2012    229.92823       1.09753
    July           20      2012    229.91952       1.09749
    July           21      2012    229.91081       1.09744
    July           22      2012    229.90210       1.09740
    July           23      2012    229.89339       1.09736
    July           24      2012    229.88468       1.09732
    July           25      2012    229.87597       1.09728
    July           26      2012    229.86726       1.09724
    July           27      2012    229.85855       1.09720
    July           28      2012    229.84984       1.09715
    July           29      2012    229.84113       1.09711
    July           30      2012    229.83242       1.09707
    July           31      2012    229.82371       1.09703