Eaton Vance California Municipal Income Trust Report of Earnings: EPS of $0.69

Eaton Vance California Municipal Income Trust CEV (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, 2010. The Trust's fiscal year ends on November 30, 2010. For the three months ended August 31, 2010, the Trust had net investment income of $1,689,708 ($0.235 per common share). From this amount, the Trust paid dividends on preferred shares of $52,332 (equal to $0.007 for each common share), resulting in net investment income after the preferred dividends of $1,637,376, or $0.228 per common share. The Trust's net investment income for the nine months ended August 31, 2010 was $5,137,460 ($0.714 per common share, before deduction of the preferred share dividends totaling $0.021 per common share), resulting in net investment income after the preferred dividends of $0.693 per common share. In comparison, for the three months ended August 31, 2009, the Trust had net investment income of $1,736,891 ($0.242 per common share). From this amount, the Trust paid dividends on preferred shares of $60,960 (equal to $0.008 for each common share), resulting in net investment income after the preferred dividends of $1,675,931, or $0.234 per common share. The Trust's net investment income for the nine months ended August 31, 2009 was $5,103,117 ($0.710 per common share, before deduction of the preferred share dividends totaling $0.039 per common share), resulting in net investment income after the preferred dividends of $0.671 per common share.
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