EVT Eaton Vance Tax Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT), a closed-end management investment company, today declared a distribution of $0.1918 per share. This distribution represents an acceleration of the Fund�s regularly scheduled monthly dividend for January 2008 of $0.1524 per share, plus a payment of a special distribution of $0.0394 per share. The special distribution is being paid to enable the Fund to meet its 2007 distribution requirement for federal excise tax purposes. The distribution will be paid on January 7, 2008 to shareholders of record on December 31, 2007. The ex-date is December 27, 2007. The special distribution reflects growth in the dividends being paid by securities owned by the Fund. In recent periods many of the companies represented in the Fund portfolio have increased their regular dividend payment and in a number of cases have declared special one-time dividends. In addition, dividend income generated by the Fund has been enhanced by the continued success of the Fund�s dividend capture strategies. The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions could change. At this time the Fund believes that a portion of its respective distributions may be comprised of a return of capital. Further information will be available prior to pay date at www.eatonvance.com/closed_end/tax_info.php .The final determination of tax characteristics of the Fund�s distributions will not occur until after the end of the year, at which time it will be reported to shareholders. Shareholders should consult with their tax advisor for more information about their particular tax situation. The 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 $161.7 billion in assets under management on October 31, 2007. Eaton Vance will make available periodic summary information regarding the Funds� portfolio investments. Those interested should call Eaton Vance Management at 800-262-1122.