Van Kampen Advantage Municipal Income Trust and Van Kampen Municipal Opportunity Trust Announce Approval of Reorganization

Van Kampen Asset Management announced today that the
shareholders of Van Kampen Advantage Municipal Income Trust (NYSE/CHX:
VKA) approved the reorganization of VKA into Van Kampen Municipal
Opportunity Trust (NYSE/CHX: VMO) at a special meeting of shareholders
held on January 11, 2006. In the reorganization, shareholders of VKA
will receive newly issued shares of VMO. The transaction is currently
expected to close on or about January 27, 2006, subject to the
satisfaction of certain conditions.
   Van Kampen Asset Management is a subsidiary of Van Kampen
Investments Inc. ("Van Kampen"). Van Kampen is one of the nation's
largest investment management companies, with more than $107 billion
in assets under management or supervision, as of December 31, 2005.
With roots in money management dating back to 1927, Van Kampen has
helped more than four generations of investors work toward their
financial goals. Van Kampen is an indirect wholly-owned subsidiary of
Morgan Stanley (NYSE: MWD). For more information, visit Van Kampen's
web site at www.vankampen.com.
   The foregoing does not constitute an offer of any securities for
sale. The joint proxy statement/prospectus relating to the proposed
reorganization contains important information and shareholders are
urged to read it. Free copies of the joint proxy statement/prospectus
are available by calling Van Kampen's Client Relations Department at
[phone] or on the SEC's web site at www.sec.gov.

   Copyright (C)2006 Van Kampen Funds Inc. All rights reserved.
Member NASD/SIPC.