425 1 c96907d2e425.txt 425 VAN KAMPEN FUNDS INC. NEWS RELEASE 1 Parkview Plaza o P.O. Box 5555 o Oakbrook Terrace, Illinois 60181-5555 o www.vankampen.com -------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: Chad Peterson 212/762-9612 VAN KAMPEN CALIFORNIA QUALITY MUNICIPAL TRUST AND VAN KAMPEN CALIFORNIA VALUE MUNICIPAL INCOME TRUST ANNOUNCE APPROVAL OF REORGANIZATION CHICAGO (July 22, 2005) -- Van Kampen Asset Management announced today that the shareholders of Van Kampen California Quality Municipal Trust (NYSE/CHX: VKM) approved the reorganization of VKM into Van Kampen California Value Municipal Income Trust (NYSE/CHX: VCV) at a special meeting of shareholders held on July 22, 2005. In the reorganization, shareholders of VKM will receive newly issued shares of VCV. The transaction is currently expected to close on or about July 29, 2005, 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 $100 billion in assets under management or supervision, as of June 30, 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 a 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) 847-2424 or on the SEC's web site at www.sec.gov. ### Copyright(C)2005 Van Kampen Funds Inc. All rights reserved. Member NASD/SIPC.