Van Kampen Senior Loan Fund Completes Tender Offer For Its Common Shares

by C-BW@CLARI.NET (VAN KAMPEN FUNDS VIA BIZWIRE) on 2004-04-30 13:13:15

CHICAGO--(BUSINESS WIRE)--April 30, 2004--Van Kampen Senior Loan
Fund, distributed by Van Kampen Funds Inc., a subsidiary of Van Kampen
Investments Inc. ("Van Kampen"), announced today the final results of
its tender offer for up to 20% of its outstanding common shares of
beneficial interest. The offer expired at 12:00 Midnight, Eastern
Time, on April 16, 2004.
The Fund reported that 10,428,595 Class B Shares and 1,395,400
Class C Shares were validly tendered through the expiration date and
were not withdrawn. All 10,428,595 Class B Shares tendered were
purchased at a price of $8.93 per share, the net asset value of such
class at the time the offer expired. All 1,395,400 Class C Shares
tendered were purchased at a price of $8.93 per share, the net asset
value of such class at the time the offer expired. Payment for the
shares purchased was mailed prior to the date hereof.
As indicated in the Fund's current prospectus, the Board of
Trustees of the Fund currently intends, each quarter, to consider
authorizing the Fund to make a tender offer for its common shares in
order to attempt to provide liquidity to its investors.
The Fund commenced operations on October 5, 1989 and had total net
assets of approximately $2 billion as of March 5, 2004.
Van Kampen is one of the nation's largest investment management
companies, with more than $87 billion in assets under management or
supervision as of March 31, 2004. 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 complete information, including risk considerations,
fees, sales charges and ongoing expenses, please contact your
financial advisor for a prospectus or download one at
www.vankampen.com. Please read it carefully before you invest or send
money.

Copyright (C) 2004 Van Kampen Funds Inc. All Rights Reserved.
3172-D02-ANS-4/04. Member NASD/SIPC.