MFS Announces Closed-End Fund Distributions

Business Wire, May 1, 2008

BOSTON -- MFS Investment Management([R]) (MFS([R])) announced today monthly distributions of the following closed-end funds, all with declaration dates of May 1, 2008, ex-dividend dates of May 9, 2008, record dates of May 13, 2008, and payable dates of May 30, 2008:

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Investors who want to make changes to their accounts should contact their financial advisor, brokerage firm, or other nominee with whom the shares are registered. If shares are registered with the funds' transfer agent, Computershare, the transfer agent may be contacted directly at 800-637-2304, or www.computershare.com.

MFS manages $200 billion in assets on behalf of more than 5 million individual and institutional investors worldwide as of December 31, 2007. The company traces its origins to 1924 and the creation of America's first mutual fund.

The Trusts are closed-end investment products. Shares of the Trusts are only available for purchase/sale, at the current market price, on the NYSE, with the exception of the MFS California Insured Municipal Fund which is available for purchase only on the American Stock Exchange. Shares may trade at a discount to NAV.

MFS Fund Distributors Inc.

500 Boylston St., Boston, MA 02109

14219