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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 April 2008

    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:                     April 2008
    NUMBER OF DAYS IN MONTH:                30

    CPI-U (NSA) December 2007               210.036
    CPI-U (NSA) January 2008                211.080
    CPI-U (NSA) February 2008               211.693

    Month   Calendar Day    Year    Ref CPI       Index Ratio

    April        1          2008    211.08000       1.11981
    April        2          2008    211.10043       1.11992
    April        3          2008    211.12087       1.12002
    April        4          2008    211.14130       1.12013
    April        5          2008    211.16173       1.12024
    April        6          2008    211.18217       1.12035
    April        7          2008    211.20260       1.12046
    April        8          2008    211.22303       1.12057
    April        9          2008    211.24347       1.12067
    April        10         2008    211.26390       1.12078
    April        11         2008    211.28433       1.12089
    April        12         2008    211.30477       1.12100
    April        13         2008    211.32520       1.12111
    April        14         2008    211.34563       1.12122
    April        15         2008    211.36607       1.12132
    April        16         2008    211.38650       1.12143
    April        17         2008    211.40693       1.12154
    April        18         2008    211.42737       1.12165
    April        19         2008    211.44780       1.12176
    April        20         2008    211.46823       1.12187
    April        21         2008    211.48867       1.12198
    April        22         2008    211.50910       1.12208
    April        23         2008    211.52953       1.12219
    April        24         2008    211.54997       1.12230
    April        25         2008    211.57040       1.12241
    April        26         2008    211.59083       1.12252
    April        27         2008    211.61127       1.12263
    April        28         2008    211.63170       1.12273
    April        29         2008    211.65213       1.12284
    April        30         2008    211.67257       1.12295