BOSTON, March 31 /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 all eleven funds. The record date for the distributions is April 23, 2009, and the payable date is April 30, 2009. The ex-date is April 21, 2009. The distribution per share, closing market price on March 30, 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 $10.90 7.35% Eaton Vance Insured Municipal Bond Fund II (NYSE Alternext US: EIV) $0.073791 $11.29 7.84% Eaton Vance Insured California Municipal Bond Fund (NYSE Alternext US: EVM) $0.064917 $10.04 7.76% Eaton Vance Insured California Municipal Bond Fund II (NYSE Alternext US: EIA) $0.065916 $10.05 7.87% Eaton Vance Insured Massachusetts Municipal Bond Fund (NYSE Alternext US: MAB) $0.066500 $11.81 6.76% Eaton Vance Insured Michigan Municipal Bond Fund (NYSE Alternext US: MIW) $0.066499 $10.60 7.53% Eaton Vance Insured New Jersey Municipal Bond Fund (NYSE Alternext US: EMJ) $0.071667 $11.80 7.29% Eaton Vance Insured New York Municipal Bond Fund (NYSE Alternext US: ENX) $0.061750 $11.05 6.71% Eaton Vance Insured New York Municipal Bond Fund II (NYSE Alternext US: NYH) $0.068916 $10.88 7.60% Eaton Vance Insured Ohio Municipal Bond Fund (NYSE Alternext US: EIO) $0.059333 $10.60 6.72% Eaton Vance Insured Pennsylvania Municipal Bond Fund (NYSE Alternext US: EIP) $0.064583 $10.80 7.18% 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 $121.9 billion in assets as of January 31, 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: Investor Contact, Eaton Vance Management, +1-800-262-1122 Web Site: http://www.eatonvance.com/

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