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2-3/8% 20-YEAR TREASURY INFLATION-PROTECTED SECURITIES (TIPS) Due January 15, 2025

Ref CPI and Index Ratios for June 2014

    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:                     June 2014
    NUMBER OF DAYS IN MONTH:                30

    CPI-U (NSA) February 2014               234.781
    CPI-U (NSA) March 2014                  236.293
    CPI-U (NSA) April 2014                  237.072

    Month   Calendar Day   Year    Ref CPI      Index Ratio

    June           1       2014    236.29300       1.25357
    June           2       2014    236.31897       1.25370
    June           3       2014    236.34493       1.25384
    June           4       2014    236.37090       1.25398
    June           5       2014    236.39687       1.25412
    June           6       2014    236.42283       1.25425
    June           7       2014    236.44880       1.25439
    June           8       2014    236.47477       1.25453
    June           9       2014    236.50073       1.25467
    June           10      2014    236.52670       1.25481
    June           11      2014    236.55267       1.25494
    June           12      2014    236.57863       1.25508
    June           13      2014    236.60460       1.25522
    June           14      2014    236.63057       1.25536
    June           15      2014    236.65653       1.25549
    June           16      2014    236.68250       1.25563
    June           17      2014    236.70847       1.25577
    June           18      2014    236.73443       1.25591
    June           19      2014    236.76040       1.25604
    June           20      2014    236.78637       1.25618
    June           21      2014    236.81233       1.25632
    June           22      2014    236.83830       1.25646
    June           23      2014    236.86427       1.25660
    June           24      2014    236.89023       1.25673
    June           25      2014    236.91620       1.25687
    June           26      2014    236.94217       1.25701
    June           27      2014    236.96813       1.25715
    June           28      2014    236.99410       1.25728
    June           29      2014    237.02007       1.25742
    June           30      2014    237.04603       1.25756