Morgan Stanley Municipal Premium Income Trust Today Declared a Monthly Income Dividend from Tax-Free Income

Morgan Stanley Municipal Premium Income Trust today declared a monthly income dividend of $.045 per share from tax-free income.

RECORD DATE

PAYABLE DATE

04/23/10 04/30/10

Morgan Stanley Municipal Premium Income Trust is a closed-end diversified management investment company investing principally in investment grade Municipal Obligations.

The Trust's investment objective is to provide a high level of current income exempt from federal income tax.

Contacts:

Morgan Stanley Municipal Premium Income Trust (PIA)
Phone Number: (800) 869-6397
c/o Morgan Stanley Trust FSB
Harborside Financial Center, Plaza II
Jersey City, New Jersey 07311

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