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

Ref CPI and Index Ratios for July 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:                     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       1.24522
    July           2       2012    230.07629       1.24518
    July           3       2012    230.06758       1.24513
    July           4       2012    230.05887       1.24508
    July           5       2012    230.05016       1.24503
    July           6       2012    230.04145       1.24499
    July           7       2012    230.03274       1.24494
    July           8       2012    230.02403       1.24489
    July           9       2012    230.01532       1.24485
    July           10      2012    230.00661       1.24480
    July           11      2012    229.99790       1.24475
    July           12      2012    229.98919       1.24470
    July           13      2012    229.98048       1.24466
    July           14      2012    229.97177       1.24461
    July           15      2012    229.96306       1.24456
    July           16      2012    229.95435       1.24452
    July           17      2012    229.94565       1.24447
    July           18      2012    229.93694       1.24442
    July           19      2012    229.92823       1.24437
    July           20      2012    229.91952       1.24433
    July           21      2012    229.91081       1.24428
    July           22      2012    229.90210       1.24423
    July           23      2012    229.89339       1.24419
    July           24      2012    229.88468       1.24414
    July           25      2012    229.87597       1.24409
    July           26      2012    229.86726       1.24404
    July           27      2012    229.85855       1.24400
    July           28      2012    229.84984       1.24395
    July           29      2012    229.84113       1.24390
    July           30      2012    229.83242       1.24386
    July           31      2012    229.82371       1.24381