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

Ref CPI and Index Ratios for May 2012

    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:                     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       1.23211
    May            2       2012    227.71877       1.23242
    May            3       2012    227.77455       1.23272
    May            4       2012    227.83032       1.23302
    May            5       2012    227.88610       1.23332
    May            6       2012    227.94187       1.23362
    May            7       2012    227.99765       1.23393
    May            8       2012    228.05342       1.23423
    May            9       2012    228.10919       1.23453
    May            10      2012    228.16497       1.23483
    May            11      2012    228.22074       1.23513
    May            12      2012    228.27652       1.23544
    May            13      2012    228.33229       1.23574
    May            14      2012    228.38806       1.23604
    May            15      2012    228.44384       1.23634
    May            16      2012    228.49961       1.23664
    May            17      2012    228.55539       1.23694
    May            18      2012    228.61116       1.23725
    May            19      2012    228.66694       1.23755
    May            20      2012    228.72271       1.23785
    May            21      2012    228.77848       1.23815
    May            22      2012    228.83426       1.23845
    May            23      2012    228.89003       1.23876
    May            24      2012    228.94581       1.23906
    May            25      2012    229.00158       1.23936
    May            26      2012    229.05735       1.23966
    May            27      2012    229.11313       1.23996
    May            28      2012    229.16890       1.24026
    May            29      2012    229.22468       1.24057
    May            30      2012    229.28045       1.24087
    May            31      2012    229.33623       1.24117