Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, July 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: July 23, 2009
Ex-Dividend Date: July 21, 2009
Payable Date: Aug. 3, 2009
Tax-Free Dividends Per Share
-----------------------
Change From
Closed-End Funds Amount Previous Month
---------------- ------- --------------
FMN Federated Premier Municipal Income Fund $0.0900 $---
FPT Federated Premier Intermediate Municipal
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 $409.2 billion in assets as of March
31, 2009. With 158 funds, as well as a variety of separately managed account
options, Federated provides comprehensive investment management worldwide to
nearly 5,400 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.

Media, Melissa Ryan, +1-412-288-8079, or Meghan McAndrew, +1-412-288-8103