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2% 10-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2014

Ref CPI and Index Ratios for May 2011

    Contact: Office of Financing            202-504-3550
    DESCRIPTION:                            A-2014
    CUSIP NUMBER:                           912828BW9
    DATED DATE:                             January 15, 2004
    ORIGINAL ISSUE DATE:                    January 15, 2004
    ADDITIONAL ISSUE DATE:                  April 15, 2004
    MATURITY DATE:                          January 15, 2014
    Ref CPI on DATED DATE:                  184.77419
    TABLE FOR MONTH OF:                     May 2011
    NUMBER OF DAYS IN MONTH:                31

    CPI-U (NSA) January 2011                220.223
    CPI-U (NSA) February 2011               221.309
    CPI-U (NSA) March 2011                  223.467

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    May            1       2011    221.30900       1.19773
    May            2       2011    221.37861       1.19810
    May            3       2011    221.44823       1.19848
    May            4       2011    221.51784       1.19886
    May            5       2011    221.58745       1.19923
    May            6       2011    221.65706       1.19961
    May            7       2011    221.72668       1.19999
    May            8       2011    221.79629       1.20036
    May            9       2011    221.86590       1.20074
    May            10      2011    221.93552       1.20112
    May            11      2011    222.00513       1.20149
    May            12      2011    222.07474       1.20187
    May            13      2011    222.14435       1.20225
    May            14      2011    222.21397       1.20262
    May            15      2011    222.28358       1.20300
    May            16      2011    222.35319       1.20338
    May            17      2011    222.42281       1.20375
    May            18      2011    222.49242       1.20413
    May            19      2011    222.56203       1.20451
    May            20      2011    222.63165       1.20489
    May            21      2011    222.70126       1.20526
    May            22      2011    222.77087       1.20564
    May            23      2011    222.84048       1.20602
    May            24      2011    222.91010       1.20639
    May            25      2011    222.97971       1.20677
    May            26      2011    223.04932       1.20715
    May            27      2011    223.11894       1.20752
    May            28      2011    223.18855       1.20790
    May            29      2011    223.25816       1.20828
    May            30      2011    223.32777       1.20865
    May            31      2011    223.39739       1.20903