Invesco Van Kampen Senior Income Trust Announces Redemptions of Auction Rate Cumulative Preferred Shares at Par

ATLANTA, July 20, 2012 /PRNewswire/ -- Invesco Advisers, Inc. ("Invesco") announced today that Invesco Van Kampen Senior Income Trust (NYSE: VVR) (the "Trust") plans to redeem a portion of its outstanding auction rate cumulative preferred shares ("ARPS") at the liquidation preference per share (sometimes referred to as "at par"), together with accrued and unpaid dividends, if any, to the redemption date.  The Board of Trustees of the Trust has approved refinancing the Trust's ARPS leverage through additional borrowing under the Trust's existing credit facility, which will provide liquidity at par for the holders of a portion of the Trust's ARPS. 

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The Trust will be redeeming $75 million of the $200 million ARPS outstanding on a pro rata basis by series.   The table below lists the total number and par amounts of ARPS to be redeemed per series and the scheduled redemption dates:

With respect to this partial redemption, The Depository Trust Company ("DTC"), the securities' holder of record, will determine how the partial series redemptions will be allocated among each participant broker-dealer account.  Each participant broker-dealer, as nominee for underlying beneficial owners (street name shareholders), in turn will determine how redeemed shares are to be allocated among its underlying beneficial owners.  The procedures used by various broker-dealers to allocate redeemed shares among beneficial owners may differ from each other as well as from the procedures used by DTC.

Invesco will keep market participants and shareholders informed of material developments in the Trust's progress to redeem ARPS via press releases and on Invesco's website at www.invesco.com/portal/site/us/news.

The foregoing is not an offer for sale of any securities nor a solicitation of any proxy.

Investing involves risk and it is possible to lose money on any investment in the funds.

About Invesco Ltd. 
Invesco Ltd. is a leading independent global investment management firm, dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high net worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.

Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the U.S. distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds and the subdistributor for its STIC Global Funds. Both Invesco Advisers, Inc. and Invesco Distributors, Inc. are wholly owned, indirect subsidiaries of Invesco Ltd.

Note: There is no assurance that a closed-end fund will achieve its investment objective. Shares are bought on the secondary market and may trade at a discount or premium to NAV. Regular brokerage commissions apply.

SOURCE Invesco

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