Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, Nov. 13 /PRNewswire-FirstCall/ -- Federated Premier Municipal Income Fund (NYSE: FMN) and Federated Premier Intermediate Municipal Income Fund (NYSE: FPT) 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:       Nov. 23, 2009
    Ex-Dividend Date:  Nov. 19, 2009
    Payable Date:      Dec. 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) is one of the largest investment managers in the United States, managing $392.3 billion in assets as of Sept. 30, 2009. With 150 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to nearly 5,300 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

SOURCE Federated Investors, Inc.