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2-3/8% 20-1/2-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2025

Ref CPI and Index Ratios for December 2013

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            TIPS of January 2025
    CUSIP NUMBER:                           912810FR4
    DATED DATE:                             July 15, 2004
    ORIGINAL ISSUE DATE:                    July 30, 2004
    ADDITIONAL ISSUE DATE:                  January 31, 2005
                                            July 29, 2005
    MATURITY DATE:                          January 15, 2025
    Ref CPI on DATED DATE:                  188.49677
    TABLE FOR MONTH OF:                     December 2013
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) August 2013                 233.877
    CPI-U (NSA) September 2013              234.149
    CPI-U (NSA) October 2013                233.546

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    December       1       2013    234.14900       1.24219
    December       2       2013    234.12955       1.24209
    December       3       2013    234.11010       1.24198
    December       4       2013    234.09065       1.24188
    December       5       2013    234.07119       1.24178
    December       6       2013    234.05174       1.24168
    December       7       2013    234.03229       1.24157
    December       8       2013    234.01284       1.24147
    December       9       2013    233.99339       1.24137
    December       10      2013    233.97394       1.24126
    December       11      2013    233.95448       1.24116
    December       12      2013    233.93503       1.24106
    December       13      2013    233.91558       1.24095
    December       14      2013    233.89613       1.24085
    December       15      2013    233.87668       1.24075
    December       16      2013    233.85723       1.24064
    December       17      2013    233.83777       1.24054
    December       18      2013    233.81832       1.24044
    December       19      2013    233.79887       1.24033
    December       20      2013    233.77942       1.24023
    December       21      2013    233.75997       1.24013
    December       22      2013    233.74052       1.24002
    December       23      2013    233.72106       1.23992
    December       24      2013    233.70161       1.23982
    December       25      2013    233.68216       1.23971
    December       26      2013    233.66271       1.23961
    December       27      2013    233.64326       1.23951
    December       28      2013    233.62381       1.23940
    December       29      2013    233.60435       1.23930
    December       30      2013    233.58490       1.23920
    December       31      2013    233.56545       1.23910