Advisory: Evergreen Representatives to Speak at Capital Link Forum's Closed-End Fund Conference on April 18

BOSTON, April 16  /PRNewswire-FirstCall/ -- Timothy O'Brien, portfolio manager of Evergreen Global Dividend Opportunity Fund (NYSE:EOD) and Evergreen Utilities and High Income Fund (AMEX:ERH), will speak at the Closed-End Funds and Global ETF Conference sponsored by the Capital Link Forum on April 18.  O'Brien will speak on the Equity Investments panel at 10:40 a.m. and will discuss the benefits of investing in dividend paying global stocks.

O'Brien, formerly a managing director with Evergreen Investments, is co- founder and managing director of Crow Point Partners, LLC, the sub-advisor to the closed-end Evergreen Global Dividend Opportunity Fund and Evergreen Utilities and High Income Fund, as well the open-end Evergreen Utility and Telecommunications Fund (NASDAQ:EVUAX).

Karen R. McColl, vice president of Investment Product Management at Evergreen Investments, will also speak at the event on a 3 p.m. panel titled "Closed-End Funds: Current Trends, Opportunities & Challenges."

Please visit http://www.capitallinkforum.com/cef/2007/main.html for more information about the conference.

Financial advisors wishing to learn more about Evergreen's closed-end funds should contact Evergreen's sales department, 800.346.3858.  Individual investors should contact their financial advisor.  Additional information is also available at EvergreenInvestments.com.

Mutual Funds: NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE

An investor should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund's prospectus. To obtain a prospectus, please contact your financial advisor, call evergreen's investment services center at 800.343.2898 or visit evergreeninvestments.com. Please read the prospectus carefully before investing.

Please read the following disclosure, which refers to Evergreen Global Dividend Opportunity Fund (NYSE:EOD)1,2,3,4,5,6,7, Evergreen Utilities and High Income Fund (AMEX:ERH)1,2,5,6,9,10,11 and Evergreen Utility and Telecommunications Fund (NASDAQ:EVUAX) 2,4,8:

(1)Closed-end funds do not continuously offer shares for sale. The shares trade on the secondary market after the initial public offering. A closed-end fund is not required to buy its shares back from investors upon request. Like other securities, share prices will fluctuate with market conditions and at the time of sale may be worth more or less than the original investment. Investment return and principal value of an investment will fluctuate so that investors' shares, when sold, may be worth more or less than their original costs. (2)Foreign investments may contain more risk due to the inherent risks associated with changing political climates, foreign market instability and foreign currency fluctuations. Risks of international investing are magnified in emerging or developing markets. Funds that concentrate their investments in a single industry or sector may face increased risk of price fluctuation over more diversified funds due to adverse developments within that industry or sector. Non-diversified funds may face increased risk of price fluctuation over more diversified funds due to adverse developments within certain sectors. High yield, lower-rated bonds may contain more risk due to the increased possibility of default. (3)Mid-cap securities may be subject to special risks associated with narrower product lines and limited financial resources than compared to their large-cap counterparts and, as a result, mid- cap securities may decline significantly in market downturns. (4)The stocks of smaller companies may be more volatile than those of larger companies due to the higher risk of failure. (5)Derivatives involve additional risks including interest rate risk, credit risk, the risk of improper valuation and the risk of non-correlation to the relevant instruments they are designed to hedge or to closely track. (6)The return of principal is not guaranteed due to fluctuation in the fund's NAV caused by changes in the price of individual bonds held by the fund and the buying and selling of bonds by the fund. Bond funds have the same inflation, interest rate and credit risks as individual bonds. Generally, the value of bond funds rise when prevailing interest rates fall, and fall when interest rates rise. (7)There are numerous risks associated with transactions in options on securities. As the writer of an index call option, the Fund foregoes the opportunity to profit from increases in the values of securities held by the Fund. However, the Fund has retained the risk of loss (net premiums received) should the price of the Fund's portfolio securities decline. Similar risks are involved with writing call options on individual securities held in the Fund's portfolio. This combination of potentially limited appreciation and full depreciation over time may lead to the erosion in the value of the Fund. (8)Value-based investments are subject to the risk that the broad market may not recognize their intrinsic value. (9)The fund has issued preferred shares and, in addition, may borrow, which creates leverage. (10)The use of leverage results in certain risks including, among others, the likelihood of greater volatility of net asset value and the market price of common shares. (11)U.S. government guarantees apply only to certain securities held in the fund's portfolio and not to the fund's shares.

Evergreen Investments(SM) is a service mark of Evergreen Investment Management Company, LLC. Copyright 2007. Evergreen Investment Management Company, LLC.

About Evergreen Investments

Evergreen Investments is the brand name under which Wachovia Corporation (NYSE:WB) conducts its investment management business. Wachovia Global Asset Management is the brand name under which Evergreen Investments conducts sales and distribution business outside of the United States. Combined, the groups serve more than four million individual and institutional investors through a broad range of investment products. Led by more than 300 investment professionals, Evergreen Investments strives to meet client investment objectives through disciplined, team-based asset management. Evergreen Investments manages more than $312.2 billion in assets (as of March 31, 2007). For more information on Evergreen, please visit EvergreenInvestments.com . 

DATASOURCE: Evergreen Investments



CONTACT:  Laura Fay, [phone], , or

Dan Flaherty, [phone],  both of

Evergreen Investments



Web site:  http://www.evergreeninvestments.com/

http://www.capitallinkforum.com/cef/2007/main.html 

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