Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

• Press Release
• Source: Federated Investors, Inc.
• On 10:45 am EDT, Friday September 11, 2009

PITTSBURGH, Sept. 11 /PRNewswire-FirstCall/ -- Federated Premier Municipal Income Fund (NYSE: FMN - News) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT - News) have declared their monthly dividends. The funds seek to provide investors with current dividend income that is exempt from regular federal income tax. In addition, these funds feature income exempt from the federal alternative minimum tax (AMT).

    Record Date:           Sept. 23, 2009
    Ex-Dividend Date:      Sept. 21, 2009
    Payable Date:          Oct. 1, 2009
                                                 Tax-Free Dividends Per Share
                                                               Change From
         Closed-End Funds                            Amount   Previous Month

    FMN  Federated Premier Municipal Income Fund    $0.0900       $---
    FPT  Federated Premier Intermediate Municipal
          Income Fund                               $0.0790       $---

Investors can view additional portfolio information in the Products section of FederatedInvestors.com.

Federated Investors, Inc. (NYSE: FII - News) is one of the largest investment managers in the United States, managing $401.8 billion in assets as of June 30, 2009. With 155 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 5,300 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

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