Eaton Vance Corp. Announces Pricing Of Senior Notes Offering

         Eaton Vance Corp. Announces Pricing Of Senior Notes Offering

PR Newswire

BOSTON, June 14, 2013

BOSTON, June 14, 2013 /PRNewswire/ --Eaton Vance Corp. (NYSE: EV) announced
today that it has priced the previously announced public offering of $325
million aggregate principal amount of senior notes due June 15, 2023 (the
"Senior Notes"). The Senior Notes will bear interest at the rate of 3.625% per
year, payable on a semi-annual basis. The public offering is being made
pursuant to an effective shelf registration statement on file with the U.S.
Securities and Exchange Commission ("SEC") and is expected to close on June
25, 2013, subject to customary closing conditions.

The Company expects to receive net proceeds, after the underwriting discount,
of approximately $323 million. The net proceeds from the public offering will
be used to fund the Company's previously announced tender offer for up to $250
million aggregate principal amount of its outstanding 6.50% Senior Notes due
2017, if consummated. Remaining proceeds will be used for general corporate

Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC,
and Citigroup Global Markets Inc. are acting as joint book-running managers
and Barclays Capital Inc. is acting as co-manager for the offering.

The offering of Senior Notes may be made only by means of a prospectus and
prospectus supplement. A copy of the prospectus and prospectus supplement
relating to the Senior Notes can be obtained from Merrill Lynch, Pierce,
Fenner & Smith Incorporated, 222 Broadway, 11^th Floor, New York, NY 10038,
Attention: Prospectus Department (telephone: (866) 294-1322) or by emailing; or Morgan Stanley & Co. LLC, 180 Varick
Street, Second Floor New York, NY 10014, Attention: Prospectus Department
(telephone: (866) 718-1649) or by emailing

This press release does not constitute an offer to sell or purchase, or the
solicitation of an offer to sell or purchase, or the solicitation of the
Senior Notes or any other securities, nor shall there be any sale of
securities mentioned in this press release in any state or other jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such

About Eaton Vance

Eaton Vance Corp. is one of the oldest investment management firms in the
United States, with a history dating to 1924. Eaton Vance and its affiliates
managed $260.3 billion in assets as of April 30, 2013, offering individuals
and institutions a broad array of investment strategies and wealth management

Forward-Looking Statements

Certain information contained in this press release may include
forward-looking statements, including, but not limited to, statements that are
considered "forward-looking statements" within the meaning of United States
securities laws, including the statements regarding our intention to issue the
Senior Notes and our expected use of proceeds. Any statements contained in or
incorporated by reference into this press release that are not statements of
historical fact should be considered forward-looking statements. These
statements are often identified by the use of words such as "may," "will,"
"expect," "believe," "anticipate," "intend," "could," "should," "estimate" or
"continue," and similar expressions or variations. These statements are based
on the beliefs and assumptions of our management based on information
currently available to management. Such forward-looking statements are subject
to risks, uncertainties and other factors that could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. Actual results and the timing of events could
differ materially from those currently anticipated as a result of risks and
uncertainties. Actual results could be affected by the factors discussed or
referenced in our prospectus and prospectus supplement, our annual report on
Form 10-K for the year ended October 31, 2012 and our quarterly report on Form
10-Q for the quarterly period ended April 30, 2013 filed with the SEC, under
the heading "Risk Factors" and elsewhere, and any subsequent periodic or
current reports filed by us with the SEC. Forward-looking statements speak
only as of the date of this press release. We undertake no obligation to
update any forward-looking statements to reflect events or circumstances after
the date of such statements.

SOURCE Eaton Vance Corp.

Contact: Daniel Cataldo - 617.672.8952,
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