ATLANTA, May 8, 2012 /PRNewswire/ -- Invesco Advisers, Inc. ("Invesco") announced today that each of the Invesco and Invesco Van Kampen closed-end funds listed below (the "Funds") has successfully priced and placed a private offering of Variable Rate Muni Term Preferred Shares ("VMTP") pursuant to an offering exempt from registration under the Securities Act of 1933. The Funds have issued VMTP as follows:


    Fund                         NYSE Ticker VMTP Amount
    ----                         ----------- -----------
    Invesco Municipal Premium
     Income Trust                    PIA                $57,500,000
    -------------------------        ---                -----------
    Invesco Van Kampen Trust for
     Value Municipals                VIM                $52,200,000
    ----------------------------     ---                -----------
    Invesco Van Kampen Trust for
     Investment Grade Municipals     VGM               $273,300,000
    ----------------------------     ---               ------------

Each Fund plans to redeem all of its outstanding auction rate preferred shares ("ARPS") at their respective liquidation preferences (sometimes referred to as "at par"), together with accrued and unpaid dividends, if any, to the redemption date. These redemptions are anticipated to be funded with cash and proceeds received from the issuance of VMTP.

ARPS Redemption Schedule

Invesco Municipal Premium Income Trust (NYSE: PIA)


    Series CUSIP Number # of Shares Redeemed Amount Redeemed        Redemption Date
    ------ ------------ -------------------- ---------------        ---------------
    A      461-33E-201                       115         $11,500,000 June 13, 2012
    ---    -----------                       ---         ----------- -------------
    B      461-33E-300                       115         $11,500,000 June 13, 2012
    ---    -----------                       ---         ----------- -------------
    C      461-33E-409                       115         $11,500,000 June 13, 2012
    ---    -----------                       ---         ----------- -------------
    D      461-33E-508                       115         $11,500,000 June 13, 2012
    ---    -----------                       ---         ----------- -------------
    E      461-33E-607                       115         $11,500,000 June 13, 2012
    ---    -----------                       ---         ----------- -------------

Invesco Van Kampen Trust for Value Municipals (NYSE: VIM)


    Series CUSIP Number # of Shares Redeemed Amount Redeemed       Redemption Date
    ------ ------------ -------------------- ---------------       ---------------
    A      461-31L-207                      1,044        $26,100,000 June 6, 2012
    ---    -----------                      -----        ----------- ------------
    B      461-31L-306                      1,044        $26,100,000 June 5, 2012
    ---    -----------                      -----        ----------- ------------

Invesco Van Kampen Trust for Investment Grade Municipals (NYSE: VGM)


    Series CUSIP Number # of Shares Redeemed Amount Redeemed       Redemption Date
    ------ ------------ -------------------- ---------------       ---------------
    A      461-31M-205                      1,530        $38,250,000 May 31, 2012
    ---    -----------                      -----        ----------- ------------
    B      461-31M-304                      1,530        $38,250,000 June 7, 2012
    ---    -----------                      -----        ----------- ------------
    C      461-31M-403                      1,530        $38,250,000 May 15, 2012
    ---    -----------                      -----        ----------- ------------
    D      461-31M-502                        816        $20,400,000 May 21, 2012
    ---    -----------                        ---        ----------- ------------
    E      461-31M-601                      1,122        $28,050,000 May 31, 2012
    ---    -----------                      -----        ----------- ------------
    F      461-31M-700                      1,122        $28,050,000 June 7, 2012
    ---    -----------                      -----        ----------- ------------
    G      461-31M-809                      1,122        $28,050,000 May 17, 2012
    ---    -----------                      -----        ----------- ------------
    H      461-31M-882                      1,142        $28,550,000 May 15, 2012
    ---    -----------                      -----        ----------- ------------
    I      461-31M-874                      1,020        $25,500,000 June 5, 2012
    ---    -----------                      -----        ----------- ------------

Invesco will keep market participants and shareholders informed of any material developments with the Funds via press releases and on Invesco's website at www.invesco.com/portal/site/us/news.

This information does not constitute an offer for sale of any securities or a solicitation of any proxy.

For more information, call 1-800-341-2929.

About Invesco Ltd.
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both Invesco Advisers, Inc. and Invesco Distributors, Inc. are wholly owned, indirect subsidiaries of Invesco Ltd.

Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.

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