Closed-End Funds Announce Conference Call

The "Western Asset" and "LMP" branded closed-end funds that are identified by their respective exchange symbols at the end of this release today announced that they will hold a conference call on Wednesday, September 19, 2007 at 4:15 pm Eastern Time to discuss the fixed income markets in which the funds invest. This call will feature speakers from Western Asset Management Company. Steven Walsh, Deputy Chief Investment Officer, will provide an overview of the fixed income market; Jeffry Katz, Research Analyst, will address the market for asset-backed securities; Thomas McMahon, Product Specialist, will discuss the high yield market; and Keith Gardner, Portfolio Manager / Research Analyst, will speak about emerging market debt. CALL DATE: Wednesday, September 19, 2007 CALL TIME: 4.15 Eastern Time / 1.15 Pacific Time DIAL-IN NUMBER: USA Toll Free Number: 1-800-369-1142 USA Toll Number: 1-212-547-0142 PASSCODE: closed-end A replay of the call will be made available, and call-in instructions will be provided at a future date by press release. Investment advisory and sub-advisory services are provided by subsidiaries of Legg Mason, Inc., including: Western Asset Management Company; Legg Mason Partners Fund Advisor, LLC; Western Asset Management Company Limited and ClearBridge Advisors, LLC. For more information, please call 1-888-777-0102 or consult the Funds' web sites at www.leggmason.com; for information on PAI and WEA, please call 1-866-290- 4386 or consult the Funds’ web sites at www.westernasset.com. SYMBOLS: NYSE: EDF; EFL; EHI; EMD; ESD; GDF; GFY; HIF; HIO; HIX; IMF; MHF; MHY; MMU; MNP; PAI; SBG; SBW; SCD; WEA; ZIF AMEX: SBI