Fitch Withdraws Evergreen Utilities & High Income Fund Preferred Shares

NEW YORK--(Business Wire)--
Fitch Ratings has withdrawn the 'AAA' rating assigned to Evergreen
Utilities & High Income Fund (NYSE:ERH) 3,200 series M28 auction
market preferred shares (AMPS).

Fitch is withdrawing the rating following the full redemption of
AMPS, with proceeds from a secured alternative form of borrowing.

Fitch will no longer provide ratings or analytical coverage for
this fund.

Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings, New York
Jennifer D. Minelli, CFA, 212-908-0331
Yuriy Layvand, CPA, 212-908-9191
or
Media Relations:
Kenneth Reed, 212-908-0540

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