Eaton Vance Ohio Municipal Income Trust (AMEX:EVO) (the ?Trust?), a closed-end management investment company, today announced the earnings of the Trust for the three months and year ended November 30, 2006. The Trust's fiscal year ended on November 30, 2006.

For the three months ended November 30, 2006, the Trust had net investment income of $670,545 ($0.237 per common share). From this amount, the Trust paid dividends on preferred shares of $195,900 (equal to $0.070 for each common share), resulting in net investment income after the preferred dividends of $474,645, or $0.167 per common share. The Trust's net investment income for the year ended November 30, 2006 was $2,710,338 ($0.958 per common share, before deduction of the preferred share dividends totaling $0.264 per common share), resulting in net investment income after the preferred dividends of $0.694 per common share. In comparison, for the three months ended November 30, 2005, the Trust had net investment income of $694,297 ($0.245 per common share). From this amount, the Trust paid dividends on preferred shares of $142,825 (equal to $0.050 for each common share), resulting in net investment income after the preferred dividends of $551,472, or $0.195 per common share. The Trust's net investment income for the year ended November 30, 2005 was $2,836,869 ($1.003 per common share, before deduction of the preferred share dividends totaling $0.175 per common share), resulting in net investment income after the preferred dividends of $0.828 per common share.

Net realized and unrealized gains for the three months ended November 30, 2006 were $867,521 ($0.312 per common share). The Trust's net realized and unrealized gains for the year ended November 30, 2006 were $2,246,942 ($0.800 per common share). In comparison, net realized and unrealized losses for the three months ended November 30, 2005 were $1,634,091 ($0.579 per common share). The Trust's net realized and unrealized losses for the year ended November 30, 2005 were $152,693 ($0.055 per common share).

On November 30, 2006, net assets of the Trust applicable to common shares were $44,385,464. The net asset value per common share on November 30, 2006 was $15.69 based on 2,829,304 common shares outstanding. In comparison, on November 30, 2005, net assets of the Trust applicable to common shares were $42,193,100. The net asset value per common share on November 30, 2005 was $14.91 based on 2,829,304 common shares outstanding.

The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp, which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had approximately $130.0 billion in assets under management as of December 31, 2006. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (800) 262-1122.

EATON VANCE OHIO MUNICIPAL INCOME TRUST
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
 
Three Months Ended Year Ended
November 30,   November 30,
2006  2005  2006  2005 
Net investment income $671  $694  $2,710  $2,837 
Net realized and unrealized gains (losses) on investments
$868  ($1,634) $2,247  ($153)
Preferred dividends paid ($196) ($143) ($746) ($495)
Net increase (decrease) in net assets from operations
$1,343  ($1,083) $4,211  $2,189 
 
Earnings per Common Share Outstanding
Net investment income $0.237  $0.245  $0.958  $1.003 
Net realized and unrealized gains (losses) on investments
$0.312  ($0.579) $0.800  ($0.055)
Preferred dividends paid ($0.070) ($0.050) ($0.264) ($0.175)
Net increase (decrease) in net assets from operations
$0.479  ($0.384) $1.494  $0.773 
 
Net investment income $0.237  $0.245  $0.958  $1.003 
Preferred dividends paid (0.070) (0.050) (0.264) (0.175)
Net investment income after preferred dividends $0.167  $0.195  $0.694  $0.828 
 
Net Asset Value at November 30 (Common Shares)
Net assets (000) $44,385  $42,193 
Shares outstanding (000) 2,829  2,829 
Net asset value per share outstanding $15.69  $14.91 
 
Market Value Summary (Common Shares)
Market price on AMEX at November 30 $14.61  $14.17 
High market price (year ended November 30) $14.84  $17.14 
Low market price (year ended November 30) $13.91  $13.76