New York, November 29, 2005  -- Fort Dearborn Income Securities, Inc. ("Fund") (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 may receive by investing individually in the investment grade and long-term maturity sectors of the bond market, today announced its performance for the fiscal fourth quarter ended and fiscal year ended September 30, 2005.

For the year ended September 30, 2005, the Fund's earnings from net investment income were $6,983,021, equal to $0.80 per share. During this period, the Fund paid dividends from net investment income of $7,213,597, equal to $0.82 per share and a long-term capital gains distribution of $930,220, equal to $0.11 per share. Total net realized and unrealized losses from investment transactions were $(955,253), equal to $(0.12) per share, for the same period. This compares to earnings from net investment income of $7,241,544, equal to $0.83 per share; dividends paid of $7,020,532, equal to $0.80 per share; and total net realized and unrealized losses from investment transactions of $(103,590), equal to $(0.01) per share, for the year ended September 30, 2004.

On September 30, 2005, total net assets of the Fund were $142,470,642. The net asset value per share was $16.23, based on 8,775,665 shares outstanding, which represents a decrease of 1.52% from the net asset value per share of $16.48 ($144,586,691 attributable to 8,775,665 shares outstanding) on September 30, 2004.