Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, Feb. 12  /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:       Feb. 23, 2010 
  Ex-Dividend Date:  Feb. 19, 2010
  Payable Date:      Mar. 1, 2010
                                                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 $389.3 billion in assets as of Dec. 31, 2009.  With 145 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 5,200 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit FederatedInvestors.com. 

DATASOURCE: Federated Investors, Inc.



CONTACT:  Melissa Ryan, [phone], or Meghan McAndrew ,

[phone], both of Federated Investors, Inc.



Web Site:  http://federatedinvestors.com/ 

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