TheAltmanGroup
Shareholder Proxy Services
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September 8, 2008
IMPORTANT MATTER
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Re: Pioneer Municipal and Equity Income Trust (NYSE: PBF)
Auction Market Preferred Shares
Dear Shareholder:
Our firm has been retained by Pioneer Municipal and Equity Income Trust to
contact you regarding your investment in preferred shares of Pioneer Municipal
and Equity Income Trust, as of record date July 7, 2008. We have attempted to
contact you, but have yet to be successful.
Please contact us immediately at 1-800-591-8238 between the hours of 9:00 a.m.
and 11:00 p.m., Eastern Standard Time.
Thank you in advance for your assistance with this matter.
Sincerely,
Jennifer Kennedy
Investor Relations Supervisor
Shareholder Services
The Altman Group
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60 East 42nd Street, New York, New York 10165