Eaton Vance Insured Municipal Bond Funds Declare Increases in Monthly Distributions

BOSTON, July 31  /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eleven of its closed-end insured municipal bond funds ("Funds"). The announcement reflects an increase in the monthly distribution for all eleven funds.  The record date for the distributions is August 24, 2009, and the payable date is August 31, 2009. The ex-date is August 20, 2009. The distribution per share, closing market price on July 30, 2009 (or last trade price), and annualized market yield for each Fund is as follows:

                                                        Closing
                                      Distribution      Market    Annualized
  Fund                                  Per Share        Price       Yield
  Eaton Vance Insured Municipal Bond
   Fund  (NYSE Amex: EIM)               $0.074667       $12.03       7.45%
  Eaton Vance Insured Municipal Bond
   Fund II (NYSE Amex: EIV)             $0.076874       $12.63       7.30%
  Eaton Vance Insured California
   Municipal Bond Fund
   (NYSE Amex: EVM)                     $0.069917       $11.36       7.39%
  Eaton Vance Insured California
   Municipal Bond Fund II
   (NYSE Amex: EIA)                     $0.070916       $10.99       7.74%
  Eaton Vance Insured Massachusetts
   Municipal Bond Fund
   (NYSE Amex: MAB)                     $0.069167       $13.60       6.10%
  Eaton Vance Insured Michigan
   Municipal Bond Fund
   (NYSE Amex: MIW)                     $0.071999       $13.47       6.41%
  Eaton Vance Insured New Jersey
   Municipal Bond Fund
   (NYSE Amex: EMJ)                     $0.075417       $13.38       6.76%
  Eaton Vance Insured New York
   Municipal Bond Fund
   (NYSE Amex: ENX)                     $0.066917       $12.91       6.22%
  Eaton Vance Insured New York
   Municipal Bond Fund II
   (NYSE Amex: NYH)                     $0.072666       $12.57       6.94%
  Eaton Vance Insured Ohio Municipal
   Bond Fund (NYSE Amex: EIO)           $0.061833       $12.05       6.16%
  Eaton Vance Insured Pennsylvania
   Municipal Bond Fund
   (NYSE Amex: EIP)                     $0.069000       $12.55       6.60%



The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the Funds' common shares could change.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE:EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $136.3 billion in assets as of June 30, 2009 offering individuals and institutions a broad array of financial products and wealth solutions including mutual funds, managed accounts, variable trusts and charitable giving services.  A combination of tradition, proven long-term performance and more than 80 years of experience have made Eaton Vance the investment manager of choice for many investors.  For more information about Eaton Vance, visit http://www.eatonvance.com/. 

DATASOURCE: Eaton Vance Management



CONTACT:  Investor Contact of Eaton Vance Management, [phone]



Web Site:  http://www.eatonvance.com/ 

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