Eaton Vance Credit Opportunities Fund Special Meeting of Shareholders

BOSTON, March 1 /PRNewswire-FirstCall/ -- At a special meeting held February 26, 2010, shareholders of Eaton Vance Credit Opportunities Fund EOE (the "Fund") voted to approve an Agreement and Plan of Reorganization (the "Agreement") between the Fund and Eaton Vance Limited Duration Income Fund (NYSE Amex: EVV) (the "Acquiring Fund"), the termination of the Fund's registration under the Investment Company Act of 1940, as amended, and the dissolution of the Fund under applicable state law.  In the reorganization, the common shares of the Fund will be exchanged for common shares of the Acquiring Fund and the auction preferred shares of the Fund will be redeemed for cash.  Subject to the satisfaction of the conditions in the Agreement, the reorganization is expected to occur prior to the opening of business on March 12, 2010.  In connection with the consummation of the merger, the Fund will not declare a distribution on common shares in the month of March.  However, shareholders of the Fund's common shares will participate in all distributions made by the Acquiring Fund to shareholders of record after the effective date of the merger, including any dividend that the Acquiring Fund declares in March.

Each Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. 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 $161.6 billion in assets as of January 31, 2010, 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 www.eatonvance.com.

SOURCE Eaton Vance Management