ANNOUNCEMENTS, DATA & RESULTS

Treasury's 5-YEAR Inflation-Indexed Notes January Reference CPI Numbers and Daily Index Ratios

FOR IMMEDIATE RELEASE
December 16, 1997

Public Debt announced today the reference Consumer Price Index (CPI) numbers and the daily index ratios for the month of January for the 5-year Treasury inflation-indexed notes of Series J-2002. This information is based on the non- seasonally adjusted U.S. City Average All Items Consumer Price Index for All Urban Consumers (CPI-U) published by the Bureau of Labor Statistics of the U.S. Department of Labor.

In addition to the publication of the reference CPI's (Ref CPI) and index ratios, this release provides the non- seasonally adjusted CPI-U for the prior three-month period.

This information is available through the Treasury's Office of Public Affairs automated fax system by calling 202-622-2040 and requesting document number 2116. The information is also available on the Internet at Public Debt's home page.

The information for February is expected to be released on January 13, 1998.

Contact: Office of Financing