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Fort Dearborn Income Securities Reports Dividend
UBS Global Asset Management


May 26, 2005 --The Board of Directors for Fort Dearborn Income Securities, Inc. (FDI) today declared a quarterly dividend of $0.20 per share, payable on June 29, 2005 to shareholders of record as of June 15, 2005. The ex-dividend date is June 13, 2005.
Fort Dearborn Income Securities, Inc. is a closed-end bond fund managed by UBS Global Asset Management (Americas) Inc. The Company invests principally in investment grade, long-term, fixed income debt securities. The primary objective of Fort Dearborn is to provide its shareholders with:

-- A stable stream of current income consistent with external interest rate conditions, and

-- A total return over time that is above what they could receive by investing individually in the investment grade and long-term maturity sectors of the bond market.

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