BOSTON, Jan. 30 /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eleven of its closed-end insured municipal bond funds ("Funds"). The announcement reflects an increase in the monthly distribution for Eaton Vance Insured Municipal Bond Fund II (NYSE Alternext US: EIV), Eaton Vance Insured California Municipal Bond Fund (NYSE Alternext US: EVM), Eaton Vance Insured California Municipal Bond Fund II (NYSE Alternext US: EIA), Eaton Vance Insured Massachusetts Municipal Bond Fund (NYSE Alternext US: MAB), Eaton Vance Insured Michigan Municipal Bond Fund (NYSE Alternext US: MIW), Eaton Vance Insured New Jersey Municipal Bond Fund (NYSE Alternext US: EMJ), Eaton Vance Insured New York Municipal Bond Fund II (NYSE Alternext US: NYH), Eaton Vance Insured Ohio Municipal Bond Fund (NYSE Alternext US: EIO) and Eaton Vance Insured Pennsylvania Municipal Bond Fund (NYSE Alternext US: EIP). The record date for the distributions is February 20, 2009, and the payable date is February 27, 2009. The ex-date is February 18, 2009. The distribution per share, closing market price on January 29, 2009 (or last trade price), and annualized market yield for each Fund are as follows: Closing Distribution Market Annualized Fund Per Share Price Yield Eaton Vance Insured Municipal Bond Fund (NYSE Alternext US: EIM) $0.065083 $10.57 7.39% Eaton Vance Insured Municipal Bond Fund II (NYSE Alternext: EIV) $0.069624 $10.84 7.71% Eaton Vance Insured California Municipal Bond Fund (NYSE Alternext US: EVM) $0.063250 $9.90 7.67% Eaton Vance Insured California Municipal Bond Fund II (NYSE Alternext US: EIA) $0.062583 $9.73 7.72% Eaton Vance Insured Massachusetts Municipal Bond Fund (NYSE Alternext US: MAB) $0.063167 $11.05 6.86% Eaton Vance Insured Michigan Municipal Bond Fund (NYSE Alternext US: MIW) $0.063166 $10.30 7.36% Eaton Vance Insured New Jersey Municipal Bond Fund (NYSE Alternext US: EMJ) $0.068334 $12.82 6.40% Eaton Vance Insured New York Municipal Bond Fund (NYSE Alternext US: ENX) $0.058833 $11.25 6.28% Eaton Vance Insured New York Municipal Bond Fund II (NYSE Alternext US: NYH) $0.065583 $10.51 7.49% Eaton Vance Insured Ohio Municipal Bond Fund (NYSE Alternext US: EIO) $0.056000 $10.09 6.66% Eaton Vance Insured Pennsylvania Municipal Bond Fund (NYSE Alternext US: EIP) $0.060000 $11.60 6.21% The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the Funds' common shares could change. The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $124.9 billion in assets as of December 31, 2008 offering individuals and institutions a broad array of financial products and wealth solutions including mutual funds, managed accounts, variable trusts and charitable giving services. A combination of tradition, proven long-term performance and more than 80 years of experience have made Eaton Vance the investment manager of choice for many investors. For more information about Eaton Vance, visit http://www.eatonvance.com/. DATASOURCE: Eaton Vance Management CONTACT: Investor Contact, Eaton Vance Management, +1-800-262-1122 Web Site: http://www.eatonvance.com/

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