This drive is definitely Ultra DMA compatible. In fact, in today's market it would be unlikely to find a new IDE drive that isn't UDMA compatible. Most likely this drive supports a higher DMA level than your motherboard, which won't cause any problems. Furthermore, even if it weren't UDMA then it would still work but not to the full performance potential of the motherboard. However, most likely the case is reversed for you, your motherboard will not allow the drive to work to it's full potential.
The only problem you could possibly run into is a BIOS limititation for the size of the drive. If you plug it in and the bios doesn't recognize it for it's full size you will have to flash it. That's something you won't really know until you get it however and it's that big of a problem.
Good luck.