Eaton Vance National Municipal Income Trust and Eaton Vance Municipal Income Trust Joint Special Meeting of Shareholders

BOSTON, May 15  /PRNewswire-FirstCall/ -- At a joint special meeting held today, shareholders of Eaton Vance National Municipal Income Trust (the "Acquired Fund") (NYSE Alternext US: FEV) voted to approve an Agreement and Plan of Reorganization (the "Agreement") between the Acquired Fund and Eaton Vance Municipal Income Trust (NYSE:EVN) (the "Acquiring Fund"), the termination of the Acquired Fund's registration under the Investment Company Act of 1940, as amended, and the dissolution of the Acquired Fund under applicable state law; and shareholders of the Acquiring Fund voted to approve the issuance of additional common shares in connection with the reorganization.  In the reorganization, the common and auction preferred shares of the Acquired Fund will be exchanged for common and auction preferred shares, respectively, of the Acquiring Fund.  Subject to the satisfaction of the conditions in the Agreement, the reorganization is expected to occur prior to the opening of business on May 28, 2009.

Each 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 $127.2 billion in assets as of April 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/. 

DATASOURCE: Eaton Vance Management



CONTACT:  Investor Contact of Eaton Vance Management, [phone]



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

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