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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 March 2011

    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:                     March 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) November 2010               218.803
    CPI-U (NSA) December 2010               219.179
    CPI-U (NSA) January 2011                220.223

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    March          1       2011    219.17900       1.16277
    March          2       2011    219.21268       1.16295
    March          3       2011    219.24635       1.16313
    March          4       2011    219.28003       1.16331
    March          5       2011    219.31371       1.16349
    March          6       2011    219.34739       1.16367
    March          7       2011    219.38106       1.16385
    March          8       2011    219.41474       1.16402
    March          9       2011    219.44842       1.16420
    March          10      2011    219.48210       1.16438
    March          11      2011    219.51577       1.16456
    March          12      2011    219.54945       1.16474
    March          13      2011    219.58313       1.16492
    March          14      2011    219.61681       1.16510
    March          15      2011    219.65048       1.16527
    March          16      2011    219.68416       1.16545
    March          17      2011    219.71784       1.16563
    March          18      2011    219.75152       1.16581
    March          19      2011    219.78519       1.16599
    March          20      2011    219.81887       1.16617
    March          21      2011    219.85255       1.16635
    March          22      2011    219.88623       1.16653
    March          23      2011    219.91990       1.16670
    March          24      2011    219.95358       1.16688
    March          25      2011    219.98726       1.16706
    March          26      2011    220.02094       1.16724
    March          27      2011    220.05461       1.16742
    March          28      2011    220.08829       1.16760
    March          29      2011    220.12197       1.16778
    March          30      2011    220.15565       1.16795
    March          31      2011    220.18932       1.16813