Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Report of Earnings

BOSTON, June 12 /PRNewswire-FirstCall/ -- Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW), a closed-end investment company, today announced the earnings of the Fund for the three months ended March 31, 2009. The Fund's fiscal year ends on December 31, 2009.

For the three months ended March 31, 2009, the Fund had net investment income of $5,166,324 ($0.049 per common share). In comparison, for the three months ended March 31, 2008, the Fund had net investment income of $5,641,920 ($0.053 per common share).

Net realized and unrealized losses for the three months ended March 31, 2009 were $80,224,911 ($0.754 per common share). In comparison, net realized and unrealized losses for the three months ended March 31, 2008 were $143,248,356 ($1.347 per common share).

On March 31, 2009, net assets of the Fund were $1,201,090,208. The net asset value per share on March 31, 2009 was $11.30 based on 106,308,067 shares outstanding. In comparison, on March 31, 2008, net assets of the Fund were $1,905,718,550. The net asset value per share on March 31, 2008 was $17.93 based on 106,308,067 shares outstanding.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $127.2 billion in assets as of April 30, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.

           EATON VANCE TAX-MANAGED GLOBAL BUY-WRITE OPPORTUNITIES
                    FUND SUMMARY OF RESULTS OF OPERATIONS
                  (in thousands, except per share amounts)

                                        Three Months Ended  Three Months Ended
                                             March 31,          March 31,
                                             ---------          ---------
                                               2009               2008
                                               ----               ----
    Gross investment income                  $8,533             $10,810
    Operating expenses                       (3,367)             (5,168)
                                             ------              ------
      Net investment income                  $5,166              $5,642
    Net realized and unrealized gains
     (losses) on investments               $(80,225)          $(143,248)
                                           --------           ---------
      Net increase (decrease) in
       net assets from operations          $(75,059)          $(137,606)
                                           ========           =========

    Earnings per Common Share Outstanding
    -------------------------------------
    Gross investment income                  $0.081              $0.102
    Operating expenses                       (0.032)             (0.049)
                                             ------              ------
      Net investment income                  $0.049              $0.053
    Net realized and unrealized gains
     (losses) on investments                $(0.754)            $(1.347)
                                            -------             -------
      Net increase (decrease)
       in net assets from operations        $(0.705)            $(1.294)
                                            =======             =======


    Net Asset Value at March 31
     (Common Shares)
    ---------------------------
      Net assets (000)                   $1,201,090          $1,905,719
      Shares outstanding (000)              106,308             106,308
      Net asset value per share
       outstanding                           $11.30              $17.93

    Market Value Summary (Common Shares )
    -------------------------------------
      Market price on NYSE at March 31        $9.44              $15.90
      High market price
       (period ended March 31)               $10.76              $17.80
      Low market price
       (period ended March 31)                $7.84              $15.59

SOURCE Eaton Vance Management