Eaton Vance Ohio Municipal Income Trust Report Of Earnings

Share Name	Share Symbol	Market	Type
Eaton Vance Ohio Municipal Income Trust Shares of Beneficial Interest	AMEX:EVO	AMEX	Ordinary Share

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	12.62				0.00	01:00:00

Eaton Vance Ohio Municipal Income Trust Shares of Beneficial Interest (AMEX:EVO)
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BOSTON, Nov. 19 /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 nine-month periods ended August 31, 2009. The Trust's fiscal year ends on November 30, 2009. For the three months ended August 31, 2009, the Trust had net investment income of $668,607 ($0.236 per common share). From this amount, the Trust paid dividends on preferred shares of $28,536 (equal to $0.010 for each common share), resulting in net investment income after the preferred dividends of $640,071, or $0.226 per common share. The Trust's net investment income for the nine months ended August 31, 2009 was $2,031,805 ($0.718 per common share, before deduction of the preferred share dividends totaling $0.046 per common share), resulting in net investment income after the preferred dividends of $0.672 per common share. In comparison, for the three months ended August 31, 2008, the Trust had net investment income of $684,832 ($0.242 per common share). From this amount, the Trust paid dividends on preferred shares of $162,480 (equal to $0.058 for each common share), resulting in net investment income after the preferred dividends of $522,352, or $0.184 per common share. The Trust's net investment income for the nine months ended August 31, 2008 was $2,046,207 ($0.723 per common share, before deduction of the preferred share dividends totaling $0.210 per common share), resulting in net investment income after the preferred dividends of $0.513 per common share. Net realized and unrealized gains for the three months ended August 31, 2009 were $1,044,241 ($0.368 per common share). The Trust's net realized and unrealized gains for the nine months ended August 31, 2009 were $6,756,176 ($2.388 per common share). In comparison, net realized and unrealized losses for the three months ended August 31, 2008 were $1,504,448 ($0.529 per common share). The Trust's net realized and unrealized losses for the nine months ended August 31, 2008 were $3,541,635 ($1.252 per common share). On August 31, 2009, net assets of the Trust applicable to common shares were $36,630,387. The net asset value per common share on August 31, 2009 was $12.94 based on 2,831,387 common shares outstanding. In comparison, on August 31, 2008, net assets of the Trust applicable to common shares were $38,559,916. The net asset value per common share on August 31, 2008 was $13.63 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 $157.0 billion in assets as of September 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 Nine Months Ended Ended August 31, August 31, ---------- ---------- 2009 2008 2009 2008 ---- ---- ---- ---- Net investment income $669 $685 $2,032 $2,046 Net realized and unrealized gains (losses) on investments 1,044 (1,504) 6,756 (3,541) Preferred dividends paid from net investment income (1) (29) (162) (129) (593) --- ---- ---- ---- Net increase (decrease) in net assets from operations $1,684 $(981) $8,659 $(2,088) ====== ===== ====== ======= Earnings per Common Share Outstanding ------------------------------------- Net investment income $0.236 $0.242 $0.718 $0.723 Net realized and unrealized gains (losses) on investments 0.368 (0.529) 2.388 (1.252) Preferred dividends paid from net investment income (1) (0.010) (0.058) (0.046) (0.210) ------ ------ ------ ------ Net increase (decrease) in net assets from operations $0.594 $(0.345) $3.060 $(0.739) ====== ======= ====== ======= Net investment income $0.236 $0.242 $0.718 $0.723 Preferred dividends paid from net investment income (1) (0.010) (0.058) (0.046) (0.210) ------ ------ ------ ------ Net investment income after preferred dividends $0.226 $0.184 $0.672 $0.513 ====== ====== ====== ====== Net Asset Value at August 31 (Common Shares) -------------------------------------------- Net assets $36,630 $38,560 Shares outstanding 2,831 2,829 Net asset value per share outstanding $12.94 $13.63 Market Value Summary (Common Shares) ------------------------------------ Market price on NYSE Amex at August 31 $12.70 $12.20 High market price (period ended August 31) $13.00 $13.73 Low market price (period ended August 31) $7.63 $12.09 (1) During the nine months ended August 31, 2009 and the year ended November 30, 2008, the Trust made a partial redemption of its preferred shares. DATASOURCE: Eaton Vance Management CONTACT: Eaton Vance Investor Contact, +800-262-1122 Web Site: http://www.eatonvance.com/

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EVO Eaton Vance Ohio Municipal Income Trust Shares of Beneficial Interest