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Van Kampen Advantage Pennsylvania Municipal Income Trust, Van Kampen Pennsylvania Quality Municipal Trust, Van Kampen Trust for Investment Grade Pennsylvania Municipals and Van Kampen Pennsylvania Value Municipal Income Trust.


CHICAGO -- Announce Proposed Reorganization

Van Kampen Asset Management announced today that the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors.  of each of Van Kampen Advantage Pennsylvania Municipal Income Trust (NYSE/CHX: VAP (Value Added Process) An executable program in a NetWare 2.x server. Starting with NetWare 3.x, VAPs were replaced by NLMs. See NetWare. ), Van Kampen Pennsylvania Quality Municipal Trust (NYSE/CHX: VPQ), Van Kampen Trust for Investment Grade Pennsylvania Municipals (NYSE/CHX: VTP) and Van Kampen Pennsylvania Value Municipal Income Trust (NYSE/CHX: VPV) approved a reorganization of each of VAP, VPQ and VTP into VPV. The proposed reorganization will be presented for shareholder approval at a special meeting of shareholders.

Van Kampen Asset Management is a subsidiary of Van Kampen Investments Van Kampen Investments, Inc. (also Van Kampen Funds, Inc. or Van Kampen American Capital) is a respected mutual fund company. It has been a wholly owned subsidiary of Morgan Stanley[1] since its acquisition in 1996.  Inc. ("Van Kampen"). Van Kampen is one of the nation's largest investment management companies, with more than $98 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  or supervision, as of April 30, 2005. With roots in money management dating back to 1927, Van Kampen has helped more than four generations of investors work toward their financial goals. Van Kampen is a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Morgan Stanley (NYSE NYSE

See: New York Stock Exchange
: MWD). For more information, visit Van Kampen's web site at www.vankampen.com.

The foregoing does not constitute an offer of any securities for sale. The joint proxy statement/prospectus relating to the proposed reorganization contains important information and shareholders are urged to read it. Free copies of the joint proxy statement/prospectus will be available after the registration statement filed with the Securities and Exchange Commission (the "SEC") becomes effective by calling Van Kampen's Client Relations Department at (800) 341-2929 or on the SEC's web site at www.sec.gov.

Copyright (C)2005 Van Kampen Funds Inc. All rights reserved. Member NASD/SIPC.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jun 30, 2005
Words:266
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