Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, Jan. 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:       Jan. 22, 2010
  Ex-Dividend Date:  Jan. 20, 2010
  Payable Date:      Feb. 1, 2010
                                                   Tax-Free Dividends Per
                                                            Share
                                                   ----------------------
                                                               Change From
                                                                 Previous
                     Closed-End Funds            Amount           Month
                    ----------------             ------       -----------
                     Federated Premier Municipal
          FMN        Income Fund                 $0.0900              $---


                     Federated Premier
                     Intermediate Municipal
          FPT        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 $392.3 billion in assets as of Sept. 30, 2009.  With 150 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to nearly 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], both of Federated Investors, Inc.



Web Site:  http://federatedinvestors.com/ 

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