Eaton Vance Senior Floating-Rate Trust, Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Changes to Investment Policy.

BOSTON -- The Board of Trustees of the Eaton Vance Senior Floating-Rate Trust (NYSE: EFR), Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (the "Funds"), each a closed-end management investment company, has authorized each Fund to invest in foreign loans denominated in euros, British pounds, Swiss francs, and Canadian dollars (each an "Authorized Foreign Currency"). Under the new policy, each Fund may invest up to 15% of its net assets in foreign loans in an Authorized Foreign Currency and may invest without limit in foreign loans denominated in U.S. dollars. For all foreign investments denominated in an Authorized Foreign Currency, Eaton Vance Management, the Funds' investment manager, currently intends to seek to hedge against foreign currency fluctuations through the use of currency exchange contracts and other appropriate permitted hedging strategies. Each Fund will invest at least 80% of its total assets in interests in Senior Loans that are denominated in either U.S. dollars or an Authorized Foreign Currency.

The foregoing policy changes provide a number of important benefits to the Funds. Allowing the Funds to invest in foreign investments denominated in an Authorized Foreign Currency or in U.S. dollars increases each Fund's investment universe, opens up new investment markets with similar risk/return characteristics, and allows for greater overall portfolio diversity.

Each Fund 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 $128.9 billion in assets under management on October 31, 2006.