Eaton Vance Ohio Municipal Income Trust Report of Earnings

BOSTON, Aug. 3  /PRNewswire-FirstCall/ -- Eaton Vance Ohio Municipal Income Trust (NYSE Amex: EVO) (the "Trust"), a closed-end management investment company, today announced the earnings of the Trust for the three and six-month periods ended May 31, 2009.  The Trust's fiscal year ends on November 30, 2009.

For the three months ended May 31, 2009, the Trust had net investment income of $681,212 ($0.241 per common share).  From this amount, the Trust paid dividends on preferred shares of $41,362 (equal to $0.015 for each common share), resulting in net investment income after the preferred dividends of $639,850, or $0.226 per common share. The Trust's net investment income for the six months ended May 31, 2009 was $1,363,198 ($0.482 per common share, before deduction of the preferred share dividends totaling $0.036 per common share), resulting in net investment income after the preferred dividends of $0.446 per common share. In comparison, for the three months ended May 31, 2008, the Trust had net investment income of $679,150 ($0.240 per common share).  From this amount, the Trust paid dividends on preferred shares of $199,220 (equal to $0.070 for each common share), resulting in net investment income after the preferred dividends of $479,930, or $0.170 per common share. The Trust's net investment income for the six months ended May 31, 2008 was $1,361,375 ($0.481 per common share, before deduction of the preferred share dividends totaling $0.152 per common share), resulting in net investment income after the preferred dividends of $0.329 per common share.

Net realized and unrealized gains for the three months ended May 31, 2009 were $2,569,664 ($0.909 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2009 were $5,711,935 ($2.020 per common share). In comparison, net realized and unrealized gains for the three months ended May 31, 2008 were $2,911,756 ($1.026 per common share). The Trust's net realized and unrealized losses for the six months ended May 31, 2008 were $2,037,187 ($0.723 per common share).

On May 31, 2009, net assets of the Trust applicable to common shares were $35,503,192.  The net asset value per common share on May 31, 2009 was $12.55 based on 2,829,304 common shares outstanding.  In comparison, on May 31, 2008, net assets of the Trust applicable to common shares were $39,982,596.  The net asset value per common share on May 31, 2008 was $14.13 based on 2,829,304 common shares outstanding.

The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE:EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $136.3 billion in assets as of June 30, 2009 offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit http://www.eatonvance.com/.

                         EATON VANCE OHIO MUNICIPAL INCOME TRUST
                            SUMMARY OF RESULTS OF OPERATIONS
                        (in thousands, except per share amounts)

                                    Three Months Ended   Six Months Ended
                                          May 31,            May 31,
                                          -------            -------
                                      2009      2008     2009      2008
                                      ----      ----     ----      ----
  Net investment income               $681      $679    $1,363    $1,361
  Net realized and unrealized
   gains (losses) on investments     2,570     2,912     5,712    (2,037)
  Preferred dividends paid from
   net investment income (1)           (41)     (199)     (101)     (430)
                                       ---      ----      ----      ----
    Net increase (decrease) in
     net assets from operations     $3,210    $3,392    $6,974   $(1,106)
                                    ======    ======    ======   =======

  Earnings per Common Share Outstanding
  -------------------------------------
  Net investment income             $0.241    $0.240    $0.482    $0.481
  Net realized and unrealized
   gains (losses) on investments     0.909     1.026     2.020    (0.723)
  Preferred dividends paid from
   net investment income (1)        (0.015)   (0.070)   (0.036)   (0.152)
                                    ------    ------    ------    ------
    Net increase (decrease) in
     net assets from operations     $1.135    $1.196    $2.466   $(0.394)
                                    ======    ======    ======   =======

  Net investment income             $0.241    $0.240    $0.482    $0.481
  Preferred dividends paid
   from net investment income (1)   (0.015)   (0.070)   (0.036)   (0.152)
                                    ------    ------    ------    ------
  Net investment income after
   preferred dividends              $0.226    $0.170    $0.446    $0.329
                                    ======    ======    ======    ======

  Net Asset Value at May 31 (Common Shares)
  -----------------------------------------
    Net assets                                         $35,503   $39,983
    Shares outstanding                                   2,829     2,829
    Net asset value per
     share outstanding                                  $12.55    $14.13

  Market Value Summary (Common Shares)
  ------------------------------------
    Market price on NYSE Amex at May 31                 $12.35    $12.79
    High market price (period ended May 31)             $12.60    $13.73
    Low market price (period ended May 31)               $7.63    $12.36


  (1) During the period ended May 31, 2009 and the year ended November 30,
      2008, the Trust made a partial redemption of its preferred shares.


DATASOURCE: Eaton Vance Management



CONTACT:  Investors, Eaton Vance Management, [phone]



Web Site:  http://www.eatonvance.com/ 

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