New York, May 19, 2014 -- Moody's Investors Service, ("Moody's") has affirmed the Aa2 long-term ratings of eleven series of MuniFund Term Preferred ("MTP") shares and has also affirmed the Aa2/P-1 ratings of two series of Variable Rate Demand Preferred ("VRDP") shares of three state-specific closed end funds managed by Nuveen Fund Advisors, LLC. The MTP shares of the Nuveen Georgia Dividend Advantage Municipal Fund 2 (Ticker: NKG), Nuveen Maryland Premium Income Municipal Fund (Ticker: NMY), and Nuveen Pennsylvania Investment Quality Municipal Fund (Ticker: NQP) (together, "the Funds") will be defeased on May 20, 2014 and will be redeemed with the proceeds from the issuance of new preferred shares on the anticipated redemption date of May 30, 2014.

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