Eaton Vance Insured Municipal Bond Funds Declare Monthly Distributions

BOSTON, May 29  /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 record date for the distributions is June 23, 2009, and the payable date is June 30, 2009. The ex-date is June 19, 2009. The distribution per share, closing market price on May 28, 2009 (or last trade price), and annualized market yield for each Fund are as follows:

                                        Distribution  Closing    Annualized
  Fund                                  Per Share     Market     Yield
                                                      Price
  Eaton Vance Insured Municipal Bond
   Fund (NYSE Alternext US: EIM)        $0.066750     $11.89       6.74%
  Eaton Vance Insured Municipal Bond
   Fund II (NYSE Alternext US: EIV)     $0.073791     $12.46       7.11%
  Eaton Vance Insured California
   Municipal Bond Fund
   (NYSE Alternext US: EVM)             $0.064917     $11.38       6.85%
  Eaton Vance Insured California
   Municipal Bond Fund II
   (NYSE Alternext US: EIA)             $0.065916     $12.22       6.47%
  Eaton Vance Insured Massachusetts
   Municipal Bond Fund
   (NYSE Alternext US: MAB)             $0.066500     $13.60       5.87%
  Eaton Vance Insured Michigan
   Municipal Bond Fund
   (NYSE Alternext US: MIW)             $0.066499     $12.14       6.57%
  Eaton Vance Insured New Jersey
   Municipal Bond Fund
   (NYSE Alternext US: EMJ)             $0.071667     $13.92       6.18%
  Eaton Vance Insured New York
   Municipal Bond Fund
   (NYSE Alternext US: ENX)             $0.061750     $12.37       5.99%
  Eaton Vance Insured New York
   Municipal Bond Fund II
   (NYSE Alternext US: NYH)             $0.068916     $12.15       6.81%
  Eaton Vance Insured Ohio Municipal
   Bond Fund (NYSE Alternext US: EIO)   $0.059333     $11.66       6.11%
  Eaton Vance Insured Pennsylvania
   Municipal Bond Fund
   (NYSE Alternext US: EIP)             $0.064583     $12.96       5.98%



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 $127.2 billion in assets as of April 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:  Investors, Eaton Vance Management, [phone]



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

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