Van Kampen Pennsylvania Quality Municipal Trust and Van Kampen Pennsylvania Value Municipal Income Trust Announce Approval of Reorganization.CHICAGO -- Van Kampen Asset Management announced today that the shareholders of Van Kampen Pennsylvania Quality Municipal Trust (NYSE/CHX: VPQ VPQ Vessel Particulars Questionnaire ) approved the reorganization of VPQ into Van Kampen Pennsylvania Value Municipal Income Trust (NYSE/CHX: VPV VPV Virtual Prime Vendor VPV Visitors Per Vehicle (tourism) VPV Virtual Processor Vector ) at a special meeting of shareholders held on November 22, 2005. In the reorganization, shareholders of VPQ will receive newly issued shares of VPV. The transaction is currently expected to close on or about December 2, 2005, subject to the satisfaction of certain conditions. 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 $103 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 October 31, 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 are available 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. |
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