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Roll Dates

Roll Dates are projected and subject to change without notice. Roll Dates are the expected dates on which the composition of the Benchmark Futures Contract is changed or ''rolled'' by selling the near month contract and buying the next month contract. The change occurs over four days.

Roll Start Roll End
December 13, 2012 December 18, 2012
January 15, 2013 January 18, 2013
February 12, 2013 February 15, 2013
March 12, 2013 March 15, 2013
April 12, 2013 April 17, 2013
May 15, 2013 May 20, 2013
June 12, 2013 June 17, 2013
July 15, 2013 July 18, 2013
August 14, 2013 August 19, 2013
September 12, 2013 September 17, 2013
October 15, 2013 October 18, 2013
November 12, 2013 November 15, 2013
December 13, 2013 December 18, 2013

For a copy of the Prospectus contact: ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, Colorado 80203 or call 800.920.0259 or click here. Please read it carefully before investing.

The Commodity Futures Trading Commission has not passed upon the merits of participating in these pools nor has the Commission passed on the adequacy or accuracy of this Prospectus.

Neither the Securities and Exchange Commission ("SEC"), nor any State Securities Commission has approved or disapproved the securities offered in this Prospectus or determined if this Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

UNG® is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

This investment is not suitable for all investors.

Commodity trading is highly speculative. Commodities and futures generally are volatile and are not suitable for all investors. UNG is speculative and involves a high degree of risk. Investing in UNG subjects you to the risks of the natural gas industry. These risks could result in large fluctuations in the price of UNG's units. An investor may lose all or substantially all of an investment in UNG. Funds that focus on a single sector generally experience greater volatility.

The Benchmark Futures Contract does not correlate exactly with the spot price of natural gas and this could cause the changes in the price of the units to substantially vary from the changes in the spot price of natural gas. Therefore, you may not be able to effectively use UNG to hedge against natural gas-related losses or as a way to indirectly invest in natural gas. For further discussion of these and additional risks associated with an investment in UNG units, click here.

Investors buy and sell units in the secondary market (i.e., not directly from UNG). Only "authorized purchasers" may trade directly with UNG, in minimum blocks of 100,000 units.

The United States Natural Gas Fund is distributed by ALPS Distributors, Inc.

UNG United States Natural Gas Fund® and Design mark are registered trademarks of The United States Commodity Funds LLC. The United States Commodity Funds® is a registered trademark. | All rights reserved.

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