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Eaton Vance Insured Municipal Bond Funds Declare Capital Gain Distributions

Eaton Vance Insured Municipal Bond Fund (AMEX: EIM), Eaton Vance Insured Municipal Bond Fund II (AMEX: EIV), Eaton Vance Insured California Municipal Bond Fund (AMEX: EVM), Eaton Vance Insured California Municipal Bond Fund II (AMEX: EIA), Eaton Vance Insured New Jersey Municipal Bond Fund (AMEX: EMJ), Eaton Vance Insured New York Municipal Bond Fund II (AMEX: NYH), and Eaton Vance Insured Pennsylvania Municipal Bond Fund (AMEX: EIP), each a closed-end management investment company, today declared long-term capital gain distributions on their common shares. The distributions help allow the Funds to meet their 2007 distribution requirements for federal tax purposes. The record date for the distributions is December 21, 2007, and the payable date is December 28, 2007. The ex date is December 19, 2007. The distributions per share for each fund are as follows:

Long-term

Capital Gain

Distribution

Fund

Per Share

Eaton Vance Insured Municipal Bond Fund (AMEX:EIM) $ 0.1867
Eaton Vance Insured Municipal Bond Fund II (AMEX:EIV) $ 0.2859
Eaton Vance Insured California Municipal Bond Fund (AMEX:EVM) $ 0.2310
Eaton Vance Insured California Municipal Bond Fund II (AMEX:EIA) $ 0.1305
Eaton Vance Insured New Jersey Municipal Bond Fund (AMEX:EMJ) $ 0.2826
Eaton Vance Insured New York Municipal Bond Fund II (AMEX:NYH) $ 0.1797
Eaton Vance Insured Pennsylvania Municipal Bond Fund (AMEX:EIP) $ 0.1832

The final determination of tax characteristics of a Funds distributions will not occur until after the end of the year, at which time it will be reported to shareholders. Shareholders should consult with their tax advisor for more information about their particular tax situation.

Common shares of Eaton Vance Insured Municipal Bond Funds are traded on the American Stock Exchange. The Funds are 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 approximately $161.7 billion in assets under management as of October 31, 2007. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (800) 262-1122.

Contacts:

Eaton Vance Insured Municipal Bond Funds
Investor Contact: 800-262-1122

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