UDI USCF ETF Trust Dividend Income Fund

United Defense Industries, Inc. (NYSE:UDI) has received two delivery orders worth up to $15.2 million from the Program Executive Office, U.S. Army Simulation, Training and Instrumentation. The orders cover Conduct of Fire Trainers (COFT) and Bradley Advanced Training Systems (BATS). United Defense will upgrade the Army's Bradley A2 and A2 ODS COFT in its Orlando, Fla. facility. The COFT contract, worth $4.8 million, calls for upgrading 66 of the trainers to add Force XXI Battle Command Brigade and Below (FBCB2) digital communications, providing the auxiliary sighting system with an active virtual imagery displays, as well as new image generation capability that will allow the Army's Close Combat Tactical Trainer terrain databases to be used. The upgraded COFT configuration is designed to train or sustain gunnery proficiency so crews are accurate and effective in combat. In a separate delivery order worth $10.4 million, United Defense contracted to design, develop and retrofit 24 BATS with enhancements and provide 10 new BATS to the Army. The contract provides a new image generation capability that will allow the Army's Close Combat Tactical Trainer terrain databases to be used in the BATS trainer. The new image generation capabilities in both trainers better align the gunnery trainers with the Army's strategy to use common components to reduce life-cycle costs. This work follows a $6.5 million contract awarded to United Defense in January 2004 by the U.S. Army Tank-automotive and Armaments Command to provide COFT recapitalization kits to upgrade the training system. In February 2004, United Defense began delivering and installing the kits at Fort Benning, Ga., Ft. Hood, Tx, and Ft. Carson, Co. About United Defense United Defense designs, develops and produces combat vehicles, artillery, naval guns, missile launchers and precision munitions used by the U.S. Department of Defense and allies worldwide, and provides non-nuclear ship repair, modernization and conversion to the U.S. Navy and other U.S. Government agencies. To learn more about United Defense, visit http://www.uniteddefense.com. Forward-Looking Statements Information in this release may involve guidance, expectations, beliefs, plans, intentions or strategies regarding the future. These forward looking statements involve risks and uncertainties. All forward looking statements included in this release are based upon information available to United Defense Industries, Inc., as of the date of the release, and we assume no obligation to update any such forward looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations. Numerous factors could cause or contribute to such differences. Please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2004, and in our other reports filed from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with our business.