Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, Oct. 13  /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:      Oct. 23, 2009
  Ex-Dividend Date: Oct. 21, 2009
  Payable Date:     Nov. 2, 2009
                                             Tax-Free Dividends Per Share

                                                              Change From
       Closed-End Funds                    Amount            Previous Month
  FMN  Federated Premier Municipal         $0.0900                $---
        Income Fund
  FPT  Federated Premier Intermediate      $0.0790                $---
        Municipal Income Fund



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 $401.8 billion in assets as of June 30, 2009.  With 155 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 5,300 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]



Web Site:  http://federatedinvestors.com/ 

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