Date of Deposit:      June 26, 2007
Termination Date:  August 31, 2008
CUSIP:                      29475P372
Ticker:                      PDIVCX
Status:                      Open not Offered

Additional information about this series:
Distribution Information
Performance, holdings, prospectus, and fees

The Dividend Income Value Strategy ("Trust") seeks total return through a combination of current dividend income and capital appreciation by investing for approximately one year in a fixed portfolio of 25 stocks (''Portfolio'') chosen by the Sponsor after the application of the Trust's Investment Strategy described below. As a result, fifteen (15) Portfolio stocks were chosen from the S&P Industrials Index* and ten (10) Portfolio stocks were chosen from the Dow Jones Industrial Average (''DJIA'').**

You can invest in the Portfolio by purchasing units of the Trust (''Units''). Each Unit represents an equal share of the Portfolio and is entitled to an equal share of dividend income generated by such stocks after deducting Trust expenses.

The Dividend Income Value Strategy Series Investment Strategy
The Trust's Investment Strategy is ''Value'' oriented, meaning that it emphasizes the earning power or value of a company's equity securities, and focuses on stocks that are undervalued (priced low) in relation to a company's underlying projected earnings stream with the hope that the stock will rebound over time. One indication that a stock is undervalued is a high dividend yield. The Trust's Investment Strategy involves two steps:

(a) First, the Sponsor utilizes two separate and specialized investment strategies, the Value S&P Industrial strategy and the Value Select Ten strategy, each described below, to create two lists of stocks to be included in the Portfolio.

(b) Second, the Sponsor selects securities from these two lists so that, on the Initial Date of Deposit, approximately one half (50%) of the Portfolio (measured by dollar value) is comprised of the stocks selected from the application of the Value S&P Industrial strategy and approximately one half (50%) of the Portfolio (measured by dollar value) is comprised of the stocks selected from the application of the Value Select Ten strategy.

Value S&P Industrial strategy - The S&P Industrials Index is comprised of the stocks representing the industrial sector of the S&P 500 Composite Stock Price Index (the ''S&P 500'') and represents about 75 percent of the S&P 500 (exclusive of the utility, financial and transportation sectors). First, we begin with the S&P Industrials Index. Second, we eliminate the securities not ranked either A or A+ by Standard & Poor's Earnings and Dividend Rankings for Common Stock. Third, we eliminate any stocks also included in the DJIA. Fourth, we rank the remaining stocks by market capitalization from highest to lowest and eliminate the lowest 25 percent. This allows the portfolio to avoid smaller, less liquid issuers. Fifth, and finally, from these stocks we select the 15 stocks with the highest dividend yields. The 15 stocks chosen by application of the Value S&P Industrial strategy are equally weighted.

Value Select Ten strategy - We select the 10 stocks in the DJIA with the highest dividend yields. The 10 stocks chosen by application of the Value Select Ten strategy are equally weighted.

The Trust's Investment Strategy offers investors more diversification than if they invested in a vehicle that contained either equal amounts of the 10 highest dividend yielding stocks in the DJIA or equal amounts of the 15 highest dividend yielding stocks from a select portion of the S&P Industrials Index.

After approximately one year, investors wishing to continue this strategy may elect to liquidate their investment in the Trust and invest the proceeds in a new Dividend Income Value Strategy Trust, if one is then available. Investors not wishing to continue with this strategy will receive their share of the liquidation proceeds of the Portfolio (''Liquidation Proceeds '') upon termination of the Trust, approximately two weeks later. The stocks in the portfolio of the new Dividend Income Value Strategy Trust will be chosen in a similar manner to those in the Portfolio, generally two business days prior to the date of the prospectus offering units of such new Dividend Income Value Strategy Trust.

The Trust's Investment Strategy is based upon three investment principles: (i) time in the market is more important than timing of investment, (ii) the stocks to buy are the ones that are out of favor and (iii) dividends can be an important element of total return. The indices are unmanaged and are not available for direct investment.

* ''Standard & Poor's'', ''S&P'' and ''S&P 500'' are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by UBS Financial Services Inc., as sponsor of the Value S&P Industrial Series Trusts. The Trust is not sponsored, managed, sold or promoted by Standard & Poor's.

** ''DJIA ®'', ''Dow Jones ®'', ''The Dow ®" ''The Dow Industrials (SM) '' and ''Dow Jones Industrial Average (SM) '' are the property of Dow Jones & Company, Inc., which is not affiliated with the Sponsor, has not participated in the creation of the Trust of the Investment Strategy, and has not reviewed or approved any information in this Prospectus.

Distribution Information
Dividends, if any, payable monthly commencing 7/25/07 and on or after the Mandatory Termination Date.

This information should not be used for tax purposes. Trust distributions are categorized when paid by the trustee and may be reclassified for tax purposes at year end. Please refer to the prospectus or consult your tax advisor regarding the tax implications of these distributions.

Reinvestment Option
Investors may elect to reinvest dividend and capital distributions, if any, into the Trust at the then-current net asset value with no initial sales charge. Such units will be subject to the deferred sales charges remaining on units received.

UITs are sold by prospectus only.

Investors should consider the investment objectives, risks, charges and expenses associated with this investment and should carefully review the prospectus containing this and other information, before investing.

Please contact your Financial Advisor for a prospectus or download one  here. Please read it carefully before you invest or send money.