BOSTON, May 29 /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 record date for the distributions is June 23, 2009, and the payable date is June 30, 2009. The ex-date is June 19, 2009. The distribution per share, closing market price on May 28, 2009 (or last trade price), and annualized market yield for each Fund are as follows: Distribution Closing Annualized Fund Per Share Market Yield Price Eaton Vance Insured Municipal Bond Fund (NYSE Alternext US: EIM) $0.066750 $11.89 6.74% Eaton Vance Insured Municipal Bond Fund II (NYSE Alternext US: EIV) $0.073791 $12.46 7.11% Eaton Vance Insured California Municipal Bond Fund (NYSE Alternext US: EVM) $0.064917 $11.38 6.85% Eaton Vance Insured California Municipal Bond Fund II (NYSE Alternext US: EIA) $0.065916 $12.22 6.47% Eaton Vance Insured Massachusetts Municipal Bond Fund (NYSE Alternext US: MAB) $0.066500 $13.60 5.87% Eaton Vance Insured Michigan Municipal Bond Fund (NYSE Alternext US: MIW) $0.066499 $12.14 6.57% Eaton Vance Insured New Jersey Municipal Bond Fund (NYSE Alternext US: EMJ) $0.071667 $13.92 6.18% Eaton Vance Insured New York Municipal Bond Fund (NYSE Alternext US: ENX) $0.061750 $12.37 5.99% Eaton Vance Insured New York Municipal Bond Fund II (NYSE Alternext US: NYH) $0.068916 $12.15 6.81% Eaton Vance Insured Ohio Municipal Bond Fund (NYSE Alternext US: EIO) $0.059333 $11.66 6.11% Eaton Vance Insured Pennsylvania Municipal Bond Fund (NYSE Alternext US: EIP) $0.064583 $12.96 5.98% 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. (NYSE:EV), 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 $127.2 billion in assets as of April 30, 2009 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: Investors, Eaton Vance Management, +1-800-262-1122 Web Site: http://www.eatonvance.com/

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