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COLONIAL HIGH INCOME MUNICIPAL TRUST FOURTH QUARTER EARNINGS

 BOSTON, Jan. 14 /PRNewswire/ -- Colonial High Income Municipal Trust, (NYSE: CXE) a closed-end investment company, today released earnings and dividends for the fourth quarter ended and fiscal year-to-date through Dec. 31, 1993. The results, as compared to the same periods from the prior fiscal year, are as follows:
 Fourth Quarter Ended Fourth Quarter Ended
 Dec. 31, 1993 Dec. 31, 1992
 Aggregate Per Share Aggregate Per Share
 (000's) (000's)
 Net investment income $4,943 16 cents $5,092 17 cents
 Income dividends (5,008) (16 cents) (5,253) (17 cents)
 Net realized and
 unrealized loss (6,572) (21 cents) (1,143) (5 cents)
 Decrease in net asset
 value from operations (6,637) (21 cents) (1,304) (5 cents)
 Value of shares issued
 for reinvested dividends 361 N/A --- N/A
 Net asset value:
 Beginning of quarter 274,519 8.89 271,124 8.83
 End of quarter $268,243 $8.68 $269,820 $8.78
 Market price at end
 of the quarter --- $8.250 --- $8.250
 Fiscal Year-to-Date Fiscal Year-to-Date
 Through 12/31/93 Through 12/31/92
 Aggregate Per Share Aggregate Per Share
 (000's) (000's)
 Net investment income $20,588 67 cents $21,243 69 cents
 Income dividends (20,807) (68 cents) (20,987) (68 cents)
 Net realized and
 unrealized loss (3,166) (9 cents) (4,179) (14 cents)
 Decrease in net asset
 value from operations (3,385) (10 cents) (3,923) (13 cents)
 Value of shares issued
 for reinvested dividends 1,780 N/A 536 N/A
 Net asset value:
 Beginning of period 269,848 8.78 273,207 8.91
 End of period $268,243 $8.68 $269,820 $8.78
 Market price at end
 of the period --- $8.250 --- $8.250
 -0- 1/14/94
 /CONTACT: Jeff Lewis of The Colonial Group, 617-426-3750/
 (CXE)


CO: The Colonial Group ST: Massachusetts IN: FIN SU: ERN DIV

DJ-CM -- NE009 -- 2150 01/14/94 16:10 EST
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Publication:PR Newswire
Date:Jan 14, 1994
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