Fort Dearborn Income Securities, Inc. – Reports Earnings

Fort Dearborn Income Securities, Inc. (the “Fund”) (NYSE: FDI), a closed-end management investment company seeking a stable stream of current income consistent with external interest rate conditions and a total return over time that is above what shareholders could receive by investing individually in the investment grade and long-term maturity sectors of the bond market, today announced its performance for the fiscal third quarter and fiscal year-to-date ended June 30, 2012.

For the fiscal third quarter ended June 30, 2012, the Fund's earnings from net investment income were $1,472,095, equal to $0.17 per share. During this period, the Fund paid distributions from net investment income and retained earnings of $1,535,741, equal to $0.175 per share. Total net realized and unrealized gains from investment activities were $4,257,199 equal to $0.49 per share, for the same period. This compares to earnings from net investment income of $1,635,957, equal to $0.19 per share; distributions paid from net investment income and retained earnings of $1,667,377, equal to $0.19 per share; and total net realized and unrealized gains from investment activities of $2,164,314 equal to $0.25 per share, for the fiscal third quarter ended June 30, 2011.

For the nine months ended June 30, 2012, the Fund’s earnings from net investment income were $4,424,617, equal to $0.50 per share. The Fund also has undistributed retained earnings from net investment income of $582,583, equal to $0.07 per share. During this period, the Fund paid distributions from net investment income and retained earnings of $4,738,859, equal to $0.54 per share; short-term capital gains distributions of $2,966,175, equal to $0.34 per share and long-term capital gains distributions of $3,317,201, equal to $0.38 per share. Total net realized and unrealized gains from investment activities were $6,263,011, equal to $0.71 per share, for the same period. This compares to earnings from net investment income of $5,003,713, equal to $0.57 per share and undistributed retained earnings from net investment income of $2,096,061, equal to $0.24 per share; distributions paid from net investment income and retained earnings of $6,423,787, equal to $0.73 per share; short-term capital gains distribution of $3,606,798, equal to $0.41 per share; and long-term capital gains distribution of $149,186, equal to $0.02 per share, for the nine months ended June 30, 2011. Total net realized and unrealized losses from investment activities were $(3,679,256), equal to $(0.42) per share, for the nine months ended June 30, 2011.

On June 30, 2012, total net assets of the Fund were $151,359,946. The net asset value per share was $17.25, based on 8,775,665 shares outstanding, which represents an increase of 5.57% from the net asset value per share of $16.34 ($143,386,151 attributable to 8,775,665 shares outstanding) on June 30, 2011.

Contacts:

UBS Global Asset Management
Closed-End Funds Desk: 888-793-8637
ubs.com
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