EVERGREEN UTILITIES & HIGH INCOME FUND ERH

expiry = 2006-04-24...A)(1)(I) 2 d67471_exa1i-1.htm OFFER TO PURCHASE EVERGREEN UTILITIES AND HIGH INCOME FUND OFFER TO PURCHASE FOR CASH 445,117 OF ITS ISSUED AND OUTSTANDING SHARES AT NET ASSET VALUE PER SHARE THE OFFER WILL EXPIRE AT 5:00 P.M. EASTERN TIME ON APRIL 24, 2006, UNLESS THE OFFER IS EXTENDED. To the Shareholders of Evergreen Utilities and High Income Fund: Evergreen Utilities and High Income Fund, a non-diversified, closed-end management investment company organized as a statutory trust under the...

must_tender_all = True...the tender offer is oversubscribed, is not to purchase more than 445,117 shares. See Section 1 for more details. ii In the first two tender offers by the Fund, the Fund agreed to purchase all shares tendered by shareholders who owned fewer than 100 shares and tendered all of their shares. Why is this “odd lot” provision not included in this tender offer? Based on the experience of the first two tender offers, the Advisor determined that the odd lot provision did not appear to be serving its primary purpose, which was to give long-term shareholders in the Fund who own a small number of shares an opportunity to close out t...

price = USD 21.98...ders. 7. Source and Amount of Funds. The total cost to the Fund of purchasing 445,117 of its issued and outstanding Shares pursuant to the Offer would be $9,783,671.66 (based on a price per Share of $21.98, the NAV as of the close of the regular trading session of the NYSE on March 15, 2006). On March 15, 2006, the aggregate value of the Fund’s net assets was $195,640,391.51. To pay the aggregate purchase price of Shares...

priority = True...by each shareholder (and not timely withdrawn), unless the Fund determines not to purchase any shares. The Fund’s present intention, if the tender offer is oversubscribed, is not to purchase more than 445,117 shares. See Section 1 for more details. ii In the first two tender offers by the Fund, the Fund agreed to purchase all shares tendered by shareholders who owned fewer than 100 shares and tendered all of their shares. Why is this “odd lot” provision not included in this tender offer? Based on the experience of the first two tender offers, the Advisor determined that the odd lot provision did not appear to be serving its primary purpose, which was to give long-term shareholders in the Fund who own a small number...

threshold = 100...ny shares. The Fund’s present intention, if the tender offer is oversubscribed, is not to purchase more than 445,117 shares. See Section 1 for more details. ii In the first two tender offers by the Fund, the Fund agreed to purchase all shares tendered by shareholders who owned fewer than 100 shares and tendered all of their shares. Why is this “odd lot” provision not included in this tender offer? Based on the experience of the first two tender offers, the Advisor determined that the odd lot provision did not appear to be serving its primary purpose, which was to give long-term shareholders in the Fund who own a small number of sha...

txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 d67471_exa1i-1.htm OFFER TO PURCHASE EVERGREEN UTILITIES AND HIGH INCOME FUND OFFER TO PURCHASE FOR CASH 445,117 OF ITS ISSUED AND OUTSTANDING SHARES AT NET ASSET VALUE PER SHARE THE OFFER WILL EXPIRE AT 5:00 P.M. EASTERN TIME ON APRIL 24, 2006, UNLESS THE OFFER IS EXTENDED. To the Shareholders of Evergreen Utilities and High Income Fund: Evergreen Utilities and High Income...