FEV Eaton Vance Florida Municipal Income Trust

Eaton Vance National Municipal Income Trust (AMEX:FEV) (the �Trust�), a closed-end management investment company, today announced the earnings of the Trust for the three and six-month periods ended May 31, 2008. The Trust�s fiscal year ends on November 30, 2008. For the three months ended May 31, 2008, the Trust had net investment income of $921,089 ($0.216 per common share). From this amount, the Trust paid dividends on preferred shares of $300,622 (equal to $0.070 for each common share), resulting in net investment income after the preferred dividends of $620,467, or $0.146 per common share. The Trust�s net investment income for the six months ended May 31, 2008 was $1,937,753 ($0.455 per common share, before deduction of the preferred share dividends totaling $0.151 per common share), resulting in net investment income after the preferred dividends of $0.304 per common share. In comparison, for the three months ended May 31, 2007, the Trust had net investment income of $991,134 ($0.233 per common share). From this amount, the Trust paid dividends on preferred shares of $329,658 (equal to $0.077 for each common share), resulting in net investment income after the preferred dividends of $661,476, or $0.156 per common share. The Trust�s net investment income for the six months ended May 31, 2007 was $2,009,139 ($0.472 per common share, before deduction of the preferred share dividends totaling $0.151 per common share), resulting in net investment income after the preferred dividends of $0.321 per common share. Net realized and unrealized gains for the three months ended May 31, 2008 were $6,379,363 ($1.496 per common share). The Trust�s net realized and unrealized losses for the six months ended May 31, 2008 were $2,867,299 ($0.676 per common share). In comparison, net realized and unrealized losses for the three months ended May 31, 2007 were $1,144,267 ($0.275 per common share). The Trust�s net realized and unrealized losses for the six months ended May 31, 2007 were $1,350,294 ($0.323 per common share). On May 31, 2008, net assets of the Trust applicable to common shares were $59,829,512. The net asset value per common share on May 31, 2008 was $14.05 based on 4,257,408 common shares outstanding. In comparison, on May 31, 2007, net assets of the Trust applicable to common shares were $65,870,658. The net asset value per common share on May 31, 2007 was $15.47 based on 4,257,408 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 $156.7 billion in assets under management as of June 30, 2008. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (800) 262-1122. EATON VANCE NATIONAL MUNICIPAL INCOME TRUST(1) SUMMARY OF RESULTS OF OPERATIONS (in thousands, except per share amounts) � � � � � Three Months Ended Six Months Ended May 31, May 31, 2008 2007 2008 2007 Net investment income $ 921 $ 991 $ 1,938 $ 2,009 Net realized and unrealized gains (losses) on investments 6,379 (1,144 ) (2,867 ) (1,350 ) Preferred dividends paid � (301 ) � (330 ) � (644 ) � (644 ) Net increase (decrease) in net assets from operations $ 6,999 � $ (483 ) $ (1,573 ) $ 15 � � Earnings per Common Share Outstanding Net investment income $ 0.216 $ 0.233 $ 0.455 $ 0.472 Net realized and unrealized gains (losses) on investments 1.496 (0.275 ) (0.676 ) (0.323 ) Preferred dividends paid � (0.070 ) � (0.077 ) � (0.151 ) � (0.151 ) Net increase (decrease) in net assets from operations $ 1.642 � $ (0.119 ) $ (0.372 ) $ (0.002 ) � Net investment income $ 0.216 $ 0.233 $ 0.455 $ 0.472 Preferred dividends paid � (0.070 ) � (0.077 ) � (0.151 ) � (0.151 ) Net investment income after preferred dividends $ 0.146 � $ 0.156 � $ 0.304 � $ 0.321 � � Net Asset Value at May 31 (Common Shares) Net assets $ 59,830 $ 65,871 Shares outstanding 4,257 4,257 Net asset value per share outstanding $ 14.05 $ 15.47 � Market Value Summary (Common Shares) Market price on AMEX at May 31 $ 12.58 $ 14.38 High market price (period ended May 31) $ 13.30 $ 14.50 Low market price (period ended May 31) $ 11.63 $ 14.11 � (1) As of June 19, 2008, Eaton Vance Florida Plus Municipal Income Trust changed its name to Eaton Vance National Municipal Income Trust.