Eaton Vance Insured Florida Plus Municipal Bond Fund (AMEX:EIF) (the “Fund”), a closed-end management investment company, today announced the earnings of the Fund for the three and nine-month periods ended June 30, 2008. The Fund’s fiscal year ends on September 30, 2008.

For the three months ended June 30, 2008, the Fund had net investment income of $609,304 ($0.237 per common share). From this amount, the Fund paid dividends on preferred shares of $165,114 (equal to $0.065 for each common share), resulting in net investment income after the preferred dividends of $444,190, or $0.172 per common share. The Fund’s net investment income for the nine months ended June 30, 2008 was $1,832,509 ($0.712 per common share, before deduction of the preferred share dividends totaling $0.224 per common share), resulting in net investment income after the preferred dividends of $0.488 per common share. In comparison, for the three months ended June 30, 2007, the Fund had net investment income of $617,510 ($0.239 per common share). From this amount, the Fund paid dividends on preferred shares of $204,349 (equal to $0.080 for each common share), resulting in net investment income after the preferred dividends of $413,161, or $0.159 per common share. The Fund’s net investment income for the nine months ended June 30, 2007 was $1,868,064 ($0.725 per common share, before deduction of the preferred share dividends totaling $0.230 per common share), resulting in net investment income after the preferred dividends of $0.495 per common share.

Net realized and unrealized gains for the three months ended June 30, 2008 were $1,091,624 ($0.428 per common share). The Fund’s net realized and unrealized losses for the nine months ended June 30, 2008 were $3,270,151 ($1.270 per common share). In comparison, net realized and unrealized losses for the three months ended June 30, 2007 were $1,289,483 ($0.503 per common share). The Fund’s net realized and unrealized losses for the nine months ended June 30, 2007 were $923,883 ($0.359 per common share).

On June 30, 2008, net assets of the Fund applicable to common shares were $34,846,012. The net asset value per common share on June 30, 2008 was $13.53 based on 2,575,502 common shares outstanding. In comparison, on June 30, 2007, net assets of the Fund applicable to common shares were $38,195,712. The net asset value per common share on June 30, 2007 was $14.83 based on 2,575,502 common shares outstanding.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had $155.8 billion in assets under management on July 31, 2008. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (800) 262-1122.

Eaton Vance Insured Florida Plus Municipal Bond Fund
Investor Contact: (800) 262-1122