Eaton Vance Enhanced Equity Income Fund Report of Earnings

Eaton Vance Enhanced Equity Income Fund EOI, a diversified closed-end investment company, today announced the earnings of the Fund for the three months and the year ended September 30, 2010. The Fund's fiscal year ends on September 30, 2010. For the three months ended September 30, 2010, the Fund had net investment income of $934,520 ($0.024 per common share). For the year ended September 30, 2010, the Fund had net investment income of $3,664,253 ($0.092 per common share). In comparison, for the three months ended September 30, 2009, the Fund had net investment income of $935,837 ($0.024 per common share). For the year ended September 30, 2009, the Fund had net investment income of $5,837,564 ($0.147 per common share).