DREYFUS PREMIER MUNICIPAL BOND FUND
                            Registration No. 811-4764

                                                      Sub-Item 77M


During  the fiscal  period  ended  October  31,  2004,  the  Registrant  was the
surviving entity of an exchange  transaction  with General  Municipal Bond Fund,
Inc. (the "Acquired Fund") as described below.

On April 6, 2004,  the  Acquired  Fund's Board and the  Registrant's  Board each
unanimously  approved an Agreement and Plan of Reorganization  providing for the
transfer of all of the assets,  subject to liabilities,  of the Acquired Fund to
the Registrant in exchange (the "Exchange") for Class Z shares of the Registrant
having an aggregate  net asset value equal to the value of the  Acquired  Fund's
net assets.

At a Special  Meeting of  Shareholders  of the Acquired  Fund held on October 6,
2004,  shareholders of the Acquired Fund voted to approve the Agreement and Plan
of Reorganization. The votes of the Registrant's shareholders were not solicited
since their approval or consent was not necessary for the Exchange.

After the close of business on October 13, 2004,  the  Exchange was  consummated
and the Class Z shares of the  Registrant  received  by the  Acquired  Fund were
distributed to  shareholders of the Acquired Fund in liquidation of the Acquired
Fund, with each shareholder  receiving a pro rata  distribution of shares of the
Registrant's  Class Z shares (or  fraction  thereof)  for shares of the Acquired
Fund held prior to the Exchange.  Following this liquidation,  the Acquired Fund
was dissolved.