Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

• Press Release
• Source: Federated Investors, Inc.
• On 1:49 pm EDT, Tuesday October 13, 2009

PITTSBURGH, Oct. 13 /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:      Oct. 23, 2009
    Ex-Dividend Date: Oct. 21, 2009
    Payable Date:     Nov. 2, 2009
                                               Tax-Free Dividends Per Share

                                                                Change From
         Closed-End Funds                    Amount            Previous Month
    FMN  Federated Premier Municipal         $0.0900                $---
          Income Fund
    FPT  Federated Premier Intermediate      $0.0790                $---
          Municipal Income Fund

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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