Eaton Vance Enhanced Equity Income Fund II October 2009 Distribution

BOSTON Oct. 30 /PRNewswire-FirstCall/ -- Eaton Vance Enhanced Equity Income
Fund II (NYSE: EOS) today announced important information concerning its
distribution declared in October 2009. This press release is issued as
required by the Fund's managed distribution plan (Plan) and an exemptive order
received from the U.S. Securities and Exchange Commission. The Board of
Trustees has approved the implementation of the Plan to make monthly cash
distributions to common shareholders, stated in terms of a fixed amount per
common share. This information is sent to you for informational purposes only
and is an estimate of the sources of the October distribution. It is not
determinative of the tax character of the Fund's distributions for the 2009
calendar year. Shareholders should note that the Fund's total regular
distribution amount is subject to change as a result of market conditions or
other factors.

The amounts and sources of distributions reported in this notice are
estimates, are not being provided for tax reporting purposes and the
distribution may later be determined to be from other sources including
realized short-term gains, long-term gains, to the extent permitted by law,
and return of capital. The actual amounts and sources for tax reporting
purposes will depend upon the Fund's investment experience during the
remainder of its fiscal year and may be subject to changes based on tax
regulations. The Fund will send you a Form 1099-DIV for the calendar year
that will tell you how to report these distributions for federal income tax
purposes.

Distribution Period: October 2009
Distribution Amount per Common Share: $0.144

The following table sets forth an estimate of the sources of the Fund's
October distribution and its cumulative distributions paid this fiscal year to
date. Amounts are expressed on a per common share basis and as a percentage
of the distribution amount.

Eaton Vance Enhanced Equity Income Fund II
------------------------------------------
% of the
Cumulative Cumulative
Distri- Distri-
butions butions
for the for the
Fiscal Fiscal
Current % of Current Year-to Year-to
Source Distribution Distribution -Date(1) -Date(1)

Net Investment Income $0.005 3.2% $0.076 5.3%
Net Realized
Short-Term Capital
Gains $0.000 0.0% $0.000 0.0%
Net Realized Long-Term
Capital Gains $0.000 0.0% $0.000 0.0%
Return of Capital or
Other Capital
Source(s) $0.139 96.8% $1.364 94.7%
Total per common share $0.144 100.0% $1.440 100.0%

(1) The Fund's fiscal year is January 1, 2009 to December 31, 2009

IMPORTANT DISCLOSURE: You should not draw any conclusions about the Fund's
investment performance from the amount of this distribution or from the terms
of the Fund's Plan. The Fund estimates that it has distributed more than its
income and net realized capital gains; therefore, a portion of your
distribution may be a return of capital. A return of capital may occur for
example, when some or all of the money that you invested in the Fund is paid
back to you. A return of capital distribution does not necessarily reflect the
Fund's investment performance and should not be confused with 'yield' or
'income.' The amounts and sources of distributions reported in this Notice
are only estimates and are not being provided for tax reporting purposes. The
actual amounts and sources of the amounts for accounting and/or tax reporting
purposes will depend upon the Fund's investment experience during the
remainder of its fiscal year and may be subject to changes based on tax
regulations. The Fund will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income tax
purposes.

Set forth in the table below is information relating to the Fund's performance
based on its net asset value (NAV) for certain periods.

Average annual total return at NAV for the period from
inception through September 30, 2009(1) 3.53%
---------------------------------------------------------- ----
Annualized current distribution rate expressed as a
percentage of NAV as of September 30, 2009(2) 13.61%
------------------------------------------------------- -----
Cumulative total return at NAV for the fiscal year through
September 30, 2009(3) 17.98%
-------------------------------------------------------------- -----
Cumulative fiscal year to date distribution rate as a
percentage of NAV as of September 30, 2009(4) 10.20%
--------------------------------------------------------- -----

(1) Average annual total return at NAV represents the simple
arithmetic average of the annual NAV total returns of the
Fund for the period from inception (1/31/2005) through
September 30, 2009.
(2) The annualized current distribution rate is the cumulative
distribution rate annualized as a percentage of the Fund's
NAV as of September 30, 2009.
(3) Cumulative total return at NAV is the percentage change in
the Fund's NAV for the period from the beginning of its
fiscal year to September 30, 2009 including distributions
paid and assuming reinvestment of those distributions.
(4) Cumulative fiscal year distribution rate for the period
from the beginning of its fiscal year to September 30,
2009 measured on the dollar value of distributions in the
year-to-date period as a percentage of the Fund's NAV
as of September 30, 2009.

The Funds are 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 $157.0 billion in assets as of September 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.

SOURCE Eaton Vance Management

Eaton Vance Management, Investor Contact, 1-800-262-1122