Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, Nov. 12, 2010 /PRNewswire via COMTEX/ -- 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: Nov. 23, 2010 Ex-Dividend Date: Nov. 19, 2010 Payable Date: Dec. 1, 2010 Tax-Free Dividends Per Share ---------------------- Change From Previous Closed-End Funds Amount Month ---------------- ------ ----------- Federated Premier Municipal FMN Income Fund $0.087 $--- Federated Premier Intermediate FPT Municipal Income Fund $0.070 $--- --- ------------------------------ ------ ---- 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 $341.3 billion in assets as of Sept. 30, 2010.

With 134 funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to approximately 5,200 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit FederatedInvestors.com.

SOURCE Federated Investors, Inc.

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