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Stone Harbor Announces Portfolio Manager Change To Certain Closed-End Funds

NEW YORK, Dec. 4, 2012 /PRNewswire/ -- Stone Harbor Investment Partners LP (" Stone Harbor") announced today changes to the portfolio management teams of Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) (collectively, the "Funds"), both of which are managed by a team of portfolio managers from Stone Harbor.

Effective immediately, the portfolio management team for both EDF and EDI will be Peter J. Wilby, Pablo Cisilino, James E. Craige, David Griffiths, Angus Halkett, David A. Oliver, William Perry and David Scott.

Additional information about the individuals listed above can be found in EDF's most recent semi-annual shareholder report and EDI's prospectus dated October 25, 2012 which can be accessed on the Funds' website - www.shiplpcef.com.

Stone Harbor is a global institutional fixed income investment manager, specializing in credit and asset allocation strategies. The firm manages institutional clients' assets in a range of investment products: emerging markets debt, high yield, bank loans, as well as multi-sector products, such as global high yield and core plus type investing. The firm's investment strategies are based on fundamental insights, derived from a combination of proprietary research and the in-depth knowledge and specialized experience of the firm's team. Based in New York, Stone Harbor employs over 130 people across its headquarters and offices in London and Singapore. Stone Harbor is a 100% employee-owned limited partnership.

For more complete information, please call 877.206.0791 (toll-free) or visit the Fund's website - www.shiplpcef.com.

EDI and EDF are closed-end funds and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since their initial public offerings, the Funds have traded on the New York Stock Exchange under the symbols EDI and EDF, respectively.  Investors wishing to buy or sell shares need to place orders through an intermediary or broker.

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