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Federated Investors, Inc. News

Federated Investors' Closed-End Municipal Funds Declare Monthly Dividends

PITTSBURGH, March 10 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: March 20, 2008 Ex-Dividend Date: March 18, 2008 Payable Date: April 1, 2008 Tax-Free Dividends Per Share Change From Closed-End Funds Amount Previous Month FMN Federated Premier Municipal Income Fund $0.0670 $ — FPT Federated Premier Intermediate Municipal Income Fund $0.0575 $ —

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 more than $300 billion in assets as of Dec. 31, 2007. With 148 mutual funds, as well as a variety of separately managed account options, Federated provides comprehensive investment management worldwide to more than 5,400 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. For more information, visit http://FederatedInvestors.com.

SOURCE Federated Investors, Inc.

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