Van Kampen New York Value Municipal Income Trust Declares Dividend

The Van Kampen New York Value Municipal Income Trust
(NYSE: VNV) declared the following dividend:
-0-
*T
                                                   Income
                                                   Dividend
                                                   Rate Per
             Fund Name                Ticker         share
    ----------------------------------------------------------
       NY Value Muni. Inc Tr.           VNV        $0.06650
*T

   The Record Date for the dividend will be September 28, 2005 and
the Payment Date will be September 30, 2005. The ex-dividend date is
determined by the Exchange after the Record Date becomes known,
usually two business days preceding the Record Date. Assuming the
foregoing, the ex-dividend date will be September 26, 2005.
   Van Kampen is one of the nation's largest investment management
companies, with more than $103 billion in assets under management or
supervision, as of August 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. For more information,
visit Van Kampen's web site at www.vankampen.com.

   Copyright (C)2005 Van Kampen Funds Inc. All rights reserved.
Member NASD/SIPC.