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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 August 2006

    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:                    August 2006
    NUMBER OF DAYS IN MONTH:               31

    CPI-U (NSA) April 2006                 201.5
    CPI-U (NSA) May 2006                   202.5
    CPI-U (NSA) June 2006                  202.9

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    August          1       2006    202.50000       1.07429
    August          2       2006    202.51290       1.07436
    August          3       2006    202.52581       1.07443
    August          4       2006    202.53871       1.07449
    August          5       2006    202.55161       1.07456
    August          6       2006    202.56452       1.07463
    August          7       2006    202.57742       1.07470
    August          8       2006    202.59032       1.07477
    August          9       2006    202.60323       1.07484
    August          10      2006    202.61613       1.07491
    August          11      2006    202.62903       1.07497
    August          12      2006    202.64194       1.07504
    August          13      2006    202.65484       1.07511
    August          14      2006    202.66774       1.07518
    August          15      2006    202.68065       1.07525
    August          16      2006    202.69355       1.07532
    August          17      2006    202.70645       1.07538
    August          18      2006    202.71935       1.07545
    August          19      2006    202.73226       1.07552
    August          20      2006    202.74516       1.07559
    August          21      2006    202.75806       1.07566
    August          22      2006    202.77097       1.07573
    August          23      2006    202.78387       1.07579
    August          24      2006    202.79677       1.07586
    August          25      2006    202.80968       1.07593
    August          26      2006    202.82258       1.07600
    August          27      2006    202.83548       1.07607
    August          28      2006    202.84839       1.07614
    August          29      2006    202.86129       1.07621
    August          30      2006    202.87419       1.07627
    August          31      2006    202.88710       1.07634