Eaton Vance Tax Managed Global Buy-Write Opportunities Fund (NYSE: ETW) (The ?Fund?), a closed-end investment management company, today announced the earnings of the Fund for the three months and year ended December 31, 2006. The Fund's fiscal year ended on December 31, 2006.

For the three months ended December 31, 2006, the Fund had net investment income of $3,218,656 ($0.031 per common share). The Fund's net investment income for the year ended December 31, 2006 was $25,534,242 ($0.242 per common share). In comparison, for the period from the start of business, September 30, 2005, to December 31, 2005, the Fund had net investment income of $3,153,994 ($0.031 per common share).

Net realized and unrealized losses for the three months ended December 31, 2006 were $93,035,501 ($0.883 per common share). The Fund's net realized and unrealized gains for the year ended December 31, 2006 were $264,899,697 ($2.510 per common share). In comparison, net realized and unrealized losses for the period from the start of business, September 30, 2005, to December 31, 2005, were $6,155,174 ($0.630 per common share).

On December 31, 2006, net assets of the Fund applicable to common shares were $2,075,159,043. The net asset value per common share on December 31, 2006 was $19.56 based on 106,100,156 common shares outstanding. In comparison, the net assets of the Fund on December 31, 2005 applicable to common shares were $1,966,619,870. The net asset value per common share on December 31, 2005 was $18.61 based on 105,655,000 common shares outstanding.

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 over $135.5 billion in assets under management on January 31, 2006. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (800) 262-1122.

EATON VANCE TAX- MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
 
Three Months Ended Period Ended
December 31, December 31,
2006 

2005 (a)

2006 

2005 (a)

Net investment income $3,219  $3,154  $25,534  $3,154 
Net realized and unrealized gains (losses) on investments
$93,036  ($6,155) $264,900  ($6,155)
Net increase (decrease) in net assets from operations
$96,255  ($3,001) $290,434  ($3,001)
 
Earnings per Share Outstanding
Net investment income $0.031  $0.031  $0.242  $0.031 
Net realized and unrealized gains (losses) on investments
$0.883  ($0.063) $2.510  ($0.063)
Net increase (decrease) in net assets from operations
$0.914  ($0.032) $2.752  ($0.032)
 
 
Net Asset Value at December 31
Net assets (000) $2,075,159  $1,966,620 
Shares outstanding (000) 106,100  105,655 
Net asset value per share outstanding $19.56  $18.61 
 
Market Value Summary
Market price on NYSE at December 31 $20.32  $17.20 
High market price (period ended December 31) $20.32  $20.02 
Low market price (period ended December 31) $19.24  $16.66 
 

(a) For the period from the start of business, September 30, 2005 to December 31, 2005.