BOSTON, Dec. 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 record date for the distributions is January 22, 2010, and the payable date is January 29, 2010. The ex-date is January 20, 2010. The distribution per share, closing market price on December 30, 2009 (or last trade price), and annualized market yield for each Fund is as follows: Closing Distribution Market Annualized Fund Per Share Price Yield Eaton Vance Insured Municipal Bond Fund (NYSE Amex: EIM) $0.074667 $12.43 7.21% Eaton Vance Insured Municipal Bond Fund II (NYSE Amex: EIV) $0.076874 $12.77 7.22% Eaton Vance Insured California Municipal Bond Fund (NYSE Amex: EVM) $0.069917 $11.36 7.39% Eaton Vance Insured California Municipal Bond Fund II (NYSE Amex: EIA) $0.070916 $11.38 7.48% Eaton Vance Insured Massachusetts Municipal Bond Fund (NYSE Amex: MAB) $0.069167 $15.20 5.46% Eaton Vance Insured Michigan Municipal Bond Fund (NYSE Amex: MIW) $0.071999 $13.21 6.54% Eaton Vance Insured New Jersey Municipal Bond Fund (NYSE Amex: EMJ) $0.075417 $14.31 6.32% Eaton Vance Insured New York Municipal Bond Fund (NYSE Amex: ENX) $0.066917 $13.49 5.95% Eaton Vance Insured New York Municipal Bond Fund II (NYSE Amex: NYH) $0.072666 $12.94 6.74% Eaton Vance Insured Ohio Municipal Bond Fund (NYSE Amex: EIO) $0.061833 $12.30 6.03% Eaton Vance Insured Pennsylvania Municipal Bond Fund (NYSE Amex: EIP) $0.069000 $13.96 5.93% 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 $154.9 billion in assets as of October 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, 1-800-262-1122 Web Site: http://www.eatonvance.com/

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