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Ex-99.CERT
CERTIFICATIONS
I, Jeffrey J. Diermeier, President of FORT DEARBORN INCOME SECURITIES, INC.,
certify that:
1. I have reviewed this report on Form N-CSR of FORT DEARBORN INCOME
SECURITIES, INC.;
2. Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to include
a statement of cash flows) of the registrant as of, and for, the periods
presented in this report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Rule 30a-2(c) under the Investment Company Act of 1940) for the
registrant and have:
a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of
this report (the "Evaluation Date"); and
c) presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of
the Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant's auditors and the audit
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committee of the registrant's board of directors (or persons performing the
equivalent functions):
a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to
record, process, summarize, and report financial data and have
identified for the registrant's auditors any material weaknesses in
internal controls; and
b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal
controls; and
6. The registrant's other certifying officers and I have indicated in this
report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.
By: /s/ Jeffrey J. Diermeier
------------------------
Jeffrey J. Diermeier
President
Date: June 4, 2003
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Pursuant to 18 U.S.C. Section 1350, the undersigned officer of FORT DEARBORN
INCOME SECURITIES, INC. (the "Registrant"), hereby certifies, to the best of his
knowledge, that the Registrant's report on Form N-CSR for the period ended March
31, 2003 (the "Report") fully complies with the requirements of Section 13(a) or
15(d), as applicable, of the Securities Exchange Act of 1934, as amended, and
that the information contained in the Report fairly presents, in all material
respects, the financial condition and results of operations of the Registrant.
Dated: June 4, 2003
By: /s/ Jeffrey J. Diermeier
Jeffrey J. Diermeier
President
This certification is being furnished solely pursuant to 18 U.S.C. Section 1350
and is not being filed as part of the Report or as a separate disclosure
document.
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I, Paul H. Schubert, Chief Financial Officer of FORT DEARBORN INCOME SECURITIES,
INC., certify that:
1. I have reviewed this report on Form N-CSR of FORT DEARBORN INCOME
SECURITIES, INC.;
2. Based on my knowledge, this report does not contain any untrue statement of
a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
3. Based on my knowledge, the financial statements, and other financial
information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net
assets, and cash flows (if the financial statements are required to include
a statement of cash flows) of the registrant as of, and for, the periods
presented in this report;
4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in Rule 30a-2(c) under the Investment Company Act of 1940) for the
registrant and have:
a) designed such disclosure controls and procedures to ensure that
material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those
entities, particularly during the period in which this report is being
prepared;
b) evaluated the effectiveness of the registrant's disclosure controls
and procedures as of a date within 90 days prior to the filing date of
this report (the "Evaluation Date"); and
c) presented in this report our conclusions about the effectiveness of
the disclosure controls and procedures based on our evaluation as of
the Evaluation Date;
5. The registrant's other certifying officers and I have disclosed, based on
our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing the
equivalent functions):
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a) all significant deficiencies in the design or operation of internal
controls which could adversely affect the registrant's ability to
record, process, summarize, and report financial data and have
identified for the registrant's auditors any material weaknesses in
internal controls; and
b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal
controls; and
6. The registrant's other certifying officers and I have indicated in this
report whether or not there were significant changes in internal controls
or in other factors that could significantly affect internal controls
subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.
By: /s/ Paul H. Schubert
--------------------
Paul H. Schubert
Chief Financial Officer
Date: June 4, 2003
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Pursuant to 18 U.S.C. Section 1350, the undersigned officer of FORT DEARBORN
INCOME SECURITIES, INC.. (the "Registrant"), hereby certifies, to the best of
his knowledge, that the Registrant's report on Form N-CSR for the period ended
March 31, 2003 (the "Report") fully complies with the requirements of
Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934,
as amended, and that the information contained in the Report fairly presents,
in all material respects, the financial condition and results of operations
of the Registrant.
Dated: June 4, 2003
By: /s/ Paul H. Schubert
--------------------
Paul H. Schubert
Chief Financial Officer
This certification is being furnished solely pursuant to 18 U.S.C. Section 1350
and is not being filed as part of the Report or as a separate disclosure
document.