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3-7/8% 30-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS)

Ref CPI and Index Ratios for November 2004

Contact: Office of Financing       202-504-3550
DESCRIPTION:                            TIPS of April 2029
CUSIP NUMBER:                           912810FH6
DATED DATE:                             April 15, 1999
ORIGINAL ISSUE DATE:                    April 15, 1999
ADDITIONAL ISSUE DATE:                  October 15, 1999
                                        October 16, 2000
MATURITY DATE:                          April 15, 2029
Ref CPI on DATED DATE:                  164.39333
TABLE FOR MONTH OF:                     November 2004
NUMBER OF DAYS IN MONTH:                30

CPI-U (NSA) July 2004                   189.4
CPI-U (NSA) August 2004                 189.5
CPI-U (NSA) September 2004              189.9

Month   Calendar Day    Year    Ref CPI       Index Ratio

November        1       2004    189.50000       1.15272
November        2       2004    189.51333       1.15280
November        3       2004    189.52667       1.15289
November        4       2004    189.54000       1.15297
November        5       2004    189.55333       1.15305
November        6       2004    189.56667       1.15313
November        7       2004    189.58000       1.15321
November        8       2004    189.59333       1.15329
November        9       2004    189.60667       1.15337
November        10      2004    189.62000       1.15345
November        11      2004    189.63333       1.15353
November        12      2004    189.64667       1.15362
November        13      2004    189.66000       1.15370
November        14      2004    189.67333       1.15378
November        15      2004    189.68667       1.15386
November        16      2004    189.70000       1.15394
November        17      2004    189.71333       1.15402
November        18      2004    189.72667       1.15410
November        19      2004    189.74000       1.15418
November        20      2004    189.75333       1.15426
November        21      2004    189.76667       1.15435
November        22      2004    189.78000       1.15443
November        23      2004    189.79333       1.15451
November        24      2004    189.80667       1.15459
November        25      2004    189.82000       1.15467
November        26      2004    189.83333       1.15475
November        27      2004    189.84667       1.15483
November        28      2004    189.86000       1.15491
November        29      2004    189.87333       1.15499
November        30      2004    189.88667       1.15508