Morgan Stanley Insured Municipal Income Trust today declared a long-term capital gain distribution of $.061711 per share. 

     EX DATERECORD DATEPAYABLE DATE
     12/06/06         12/08/06              12/22/06

Morgan Stanley Insured Municipal Income Trust is a closed-end diversified management investment company investing primarily in tax-exempt Municipal Obligations which are covered by insurance guarantees with respect to timely payment of principal and interest thereon.

The Trust's investment objective is to provide current income exempt from federal income tax.