SAN FRANCISCO, Jan. 23 /PRNewswire/ -- Victoria Bay Asset Management, LLC, announced today the promotion of John T. Hyland, CFA, an investment professional with over twenty years in portfolio management and product development, to the position of Chief Investment Officer of the manager/sponsor of commodity-based ETFs. He had previously been the Director of Portfolio Research at Victoria Bay. "John has been the point person at our firm as we have brought out some of the very first commodity-based exchange traded vehicles listed on the American Stock Exchange, where we were using the ETF as our model," stated Nicholas Gerber, President of Victoria Bay. "Commodities are an exciting area of investing and we anticipate moving forward to further expanding our offerings in 2008. We look to John to be the key person in that effort as well." In addition to overseeing existing funds as well as the development of new exchange traded securities, Mr. Hyland will remain a portfolio manager for the United States Oil Fund, LP (ticker: USO), the United States Natural Gas Fund, LP, (ticker: UNG) and the United States 12 Month Oil Fund, LP (ticker: USL), all of which are listed on the American Stock Exchange. Mr. Hyland has been with Victoria Bay since 2005. He has over twenty years of experience in the investment management industry in such diverse areas as domestic and international equities, REITs, commercial mortgage-backed securities, and with exchange traded funds (ETFs). Mr. Hyland has received the Chartered Financial Analyst designation (CFA), and is a former president of the CFA Society of San Francisco. He is a graduate of the University of California, Berkeley. About Victoria Bay Asset Management, LLC. California-based Victoria Bay Asset Management is the manager of publicly traded securities that are designed to track the movements of different energy commodities, including crude oil and natural gas. Victoria Bay is a registered with the CFTC as a commodity pool operator and has $1.1 billion in assets under management as of December 31, 2007. The United States Oil Fund, LP (ticker: USO), the United States Natural Gas Fund, LP (ticker: UNG), and the United States 12 Month Oil Fund, LP (ticker: USL) are distributed by ALPS Distributors, Inc. Note: Investors should read the prospectus for USO, UNG, and USL for more complete information about these securities, including risks, expenses, and other important terms. In addition, there can be no guarantee that USO, UNG, or USL will be able to achieve their investment goals. For a copy of the Prospectus contact: ALPS Distributors, Inc. 1625 Broadway, Suite 2200, Denver, Colorado 80202 or call 1.800.920.0259 or visit http://www.unitedstatesoilfund.com/, http://www.unitedstatesnaturalgasfund.com/, or http://www.unitedstates12monthoilfund.com/. DATASOURCE: Victoria Bay Asset Management, LLC CONTACT: Katie Rooney, registered representative of ALPS Distributors, Inc., +1-818-206-8148, , for Victoria Bay Asset Management, LLC Web site: http://www.ameristock.com/ http://www.unitedstatesoilfund.com/ http://www.unitedstatesnaturalgasfund.com/ http://www.unitedstates12monthoilfund.com/

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