Eaton Vance Pennsylvania Municipal Income Trust (AMEX: EVP), (the ?Trust?), a closed-end management investment company, today announced the earnings of the Trust for the three months ended February 28, 2007. The Trust's fiscal year ends on November 30, 2007.

For the three months ended February 28, 2007, the Trust had net investment income of $655,771 ($0.242 per share). From this amount, the Trust paid a dividend on preferred shares of $194,750 (equal to $0.072 for each common share), resulting in net investment income after the preferred dividend of $461,021, or $0.170 per common share For the three months ended February 28, 2006, the Trust had net investment income of $674,662 ($0.249 per share). From this amount, the Trust paid a dividend on preferred shares of $168,205 (equal to $0.062 for each common share), resulting in net investment income after the preferred dividend of $506,457, or $0.187 per common share.

Net realized and unrealized losses for the three months ended February 28, 2007 were $179,945 ($0.066 per common share). Net realized and unrealized gains for the three months ended February 28, 2006 were $792,386 ($0.293 per common share).

On February 28, 2007, net assets of the Trust applicable to common shares were $41,948,761. The net asset value per common share on February 28, 2007 was $15.49 based on 2,708,462 common shares outstanding. On February 28, 2006, net assets of the Trust applicable to common shares were $41,011,605. The net asset value per common share on February 28, 2006 was $15.15 based on 2,707,321 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 $144.3 billion in assets under management on March 31, 2007. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (617) 482-8260.

EATON VANCE PENNSYLVANIA MUNICIPAL INCOME TRUST FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
 
Three Months Ended Three Months Ended
  February 28   February 28
2007  2006 
Net investment income $656  $675 
Net realized and unrealized gains (losses)
on investments ($180) $792 
Preferred dividends paid ($195) ($168)
Net increase (decrease) in net assets
from operations $281  $1,299 
 
Earnings per Common Share Outstanding
Net investment income $0.242  $0.249 
Net realized and unrealized gains (losses)
on investments ($0.066) $0.293 
Preferred dividends paid (0.072) (0.062)
Net increase (decrease) in net assets
from operations $0.104  $0.480 
 
Net investment income $0.242  $0.249 
Preferred dividends paid (0.072) (0.062)
Net investment income after preferred dividends $0.170  $0.187 
 
Net Asset Value at February 28 (Common Shares)
Net assets (000) $41,949  $41,012 
Shares outstanding (000) 2,708  2,707 
Net asset value per share outstanding $15.49  $15.15 
 
Market Value Summary (Common Shares)
Market price on AMEX at February 28 $14.81  $14.68 
High market price (three months ended February 28) $14.86  $16.10 
Low market price (three months ended February 28) $14.35  $14.35