1 EXHIBIT (a) (6) Text of Press Release Dated March 2, 2001 NEWS RELEASE FOR IMMEDIATE RELEASE FOR MORE INFORMATION CONTACT: A. Thomas Smith III or Ian J. McPheron 800/225-2222 800/225-2222 Ext. 6784 Ext. 6845 VAN KAMPEN SENIOR FLOATING RATE FUND COMPLETES TENDER OFFER FOR ITS COMMON SHARES CHICAGO (March 2, 2001) -- Van Kampen Senior Floating Rate Fund announced today the final results of its tender offer for up to 37,631,929 of its outstanding common shares of beneficial interest. The offer expired at 12:00 Midnight, Eastern Time, on February 16, 2001. The Fund said that 22,981,269 common shares outstanding as of the expiration of the tender offer, were validly tendered through the stated expiration date. All 22,981,269 common shares tendered were purchased at a price of $8.85 per common share, the net asset value 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 March 27, 1998 and had total net assets of approximately $1,017,834,753 as of February 16, 2001. Van Kampen Senior Floating Rate Fund is advised and distributed by subsidiaries of Van Kampen Investments Inc. ("Van Kampen"). Van Kampen is one of the nation's largest investment management companies with more than $97 billion in assets under management or supervision, as of December 31, 2000. With roots in money management dating back to 1927, Van Kampen has helped more than four generations of investors achieve their financial goals. Headquartered in the Chicagoland area, Van Kampen is a wholly owned subsidiary of Morgan Stanley Dean Witter (NYSE: MWD).