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.

SOURCE Federated Investors, Inc.