[VAN KAMPEN FUNDS INC. LOGO]

NEWS RELEASE     1 Parkview Plaza o P.O. Box 5555 o Oakbrook Terrace, 
                 Illinois 60181-5555 o www.vankampen.com
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FOR IMMEDIATE RELEASE

FOR MORE INFORMATION CONTACT:
Chad Peterson
212/762-9612

                   VAN KAMPEN ADVANTAGE MUNICIPAL INCOME TRUST
                                       AND
                     VAN KAMPEN MUNICIPAL OPPORTUNITY TRUST
                       ANNOUNCE APPROVAL OF REORGANIZATION

         CHICAGO (January 11, 2006) -- Van Kampen Asset Management announced
today that the shareholders of Van Kampen Advantage Municipal Income Trust
(NYSE/CHX: VKA) approved the reorganization of VKA into Van Kampen Municipal
Opportunity Trust (NYSE/CHX: VMO) at a special meeting of shareholders held on
January 11, 2006. In the reorganization, shareholders of VKA will receive newly
issued shares of VMO. The transaction is currently expected to close on or about
January 27, 2006, subject to the satisfaction of certain conditions.

         Van Kampen Asset Management is a subsidiary of Van Kampen Investments
Inc. ("Van Kampen"). Van Kampen is one of the nation's largest investment
management companies, with more than $107 billion in assets under management or
supervision, as of December 31, 2005. With roots in money management dating back
to 1927, Van Kampen has helped more than four generations of investors work
toward their financial goals. Van Kampen is an indirect wholly-owned subsidiary
of Morgan Stanley (NYSE: MWD). For more information, visit Van Kampen's web site
at www.vankampen.com.

         The foregoing does not constitute an offer of any securities for sale.
The joint proxy statement/prospectus relating to the proposed reorganization
contains important information and shareholders are urged to read it. Free
copies of the joint proxy statement/prospectus are available by calling 
Van Kampen's Client Relations Department at (800) 341-2929 or on the SEC's web 
site at www.sec.gov.

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Copyright(C)2006 Van Kampen Funds Inc.  All rights reserved.  Member NASD/SIPC.