At a meeting held today, shareholders of Eaton Vance Insured Florida Plus Municipal Bond Fund (the “Florida Plus Fund”) (NYSE Alternext US: EIF), a closed-end investment company, voted to approve an Agreement and Plan of Reorganization (the “Agreement”) between the Florida Plus Fund and Eaton Vance Insured Municipal Bond Fund (NYSE Alternext US: EIM) (the “National Fund”), the termination of the Florida Plus Fund’s registration under the Investment Company Act of 1940, as amended, and the dissolution of the Florida Plus Fund under applicable state law. In the transaction, the common shares of the Florida Plus Fund will be exchanged for common shares of the National Fund, and the holders of auction preferred shares of the Florida Plus Fund will receive cash equal to the liquidation preference of their auction preferred shares. Subject to the satisfaction of the conditions in the Agreement, the transaction is expected to occur not later than December 31, 2008.

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. Through its subsidiaries, Eaton Vance Corp. manages funds and separate accounts for individuals and institutional clients. Eaton Vance and its affiliates had approximately $144.0 billion in assets under management as of September 30, 2008.

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