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 and six months ended June 30, 2007. The Fund's fiscal year ends on December 31, 2007.

For the three months ended June 30, 2007, the Fund had net investment income of $11,054,080 ($0.104 per common share). The Funds net investment income for the six months ended June 30, 2007 was $16,262,862 ($0.153 per common share). In comparison, for the three months ended June 30, 2006, the Fund had net investment income of $10,484,171 ($0.099 per common share). The Funds net investment income for the six months ended June 30, 2006 was $16,123,376 ($0.153 per common share).

Net realized and unrealized gains for the three months ended June 30, 2007 were $91,207,781 ($0.858 per common share). The Funds net realized and unrealized gains for the six months ended June 30, 2007 were $125,360,588 ($1.177 per common share). In comparison, net realized and unrealized losses for the three months ended June 30, 2006 were $4,760,623 ($0.045 per common share). The Funds net realized and unrealized gains for the six months ended June 30, 2006 were $85,920,828 ($0.819 per common share).

On June 30, 2007, net assets of the Fund applicable to common shares were $2,125,248,908. The net asset value per common share on June 30, 2007 was $19.99 based on 106,308,067 common shares outstanding. In comparison, on June 30, 2006, net assets of the Fund applicable to common shares were $1,973,361,092. The net asset value per common share on June 30, 2006 was $18.88 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 $152.3 billion in assets under management on July 31, 2007. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (617) 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 Six Months Ended
June 30, June 30,
2007200620072006
Gross investment income $16,843 $16,035 $27,604 $26,955
Operating expenses (5,789) (5,551) (11,341) (10,832)
Net investment income $11,054 $10,484 $16,263 $16,123

Net realized and unrealized gains (losses) on investments

$91,208 ($4,761) $125,360 $85,921

Net increase (decrease) in net assets from operations

$102,262 $5,723 $141,623 $102,044
 
Earnings per Share Outstanding
Gross investment income $0.158 $0.152 $0.260 $0.255
Operating expenses (0.054) (0.053) (0.107) (0.102)
Net investment income $0.104 $0.099 $0.153 $0.153

Net realized and unrealized gains (losses) on investments

$0.858 ($0.045) $1.177 $0.819

Net increase (decrease) in net assets from operations

$0.962 $0.054 $1.330 $0.972
 
 
Net Asset Value at June 30 (Common Shares )
Net assets (000) $2,125,249 $1,973,361
Shares outstanding (000) 106,308 105,655
Net asset value per share outstanding $19.99 $18.88
 
Market Value Summary (Common Shares )
Market price on NYSE at June 30 $19.41 $18.10
High market price (period ended June 30) $20.34 $18.67
Low market price (period ended June 30) $19.13 $17.37

Eaton Vance Tax-Managed Global Buy-Write
Opportunities Fund
Investor Contact: (800) 262-1122