New Portfolio Managers to Assume Management Responsibility for CAM Closed-End Funds.

NEW YORK -- Salomon Brothers Emerging Markets Floating Rate Fund Inc. (NYSE: EFL), Salomon Brothers Emerging Markets Income Fund Inc. (NYSE: EMD), Salomon Brothers Emerging Markets Income Fund II Inc. (NYSE: EDF), Salomon Brothers Global High Income Fund Inc. (NYSE: EHI), Salomon Brothers Global Partners Income Fund Inc. (NYSE: GDF), Salomon Brothers High Income Fund Inc (NYSE: HIF), Salomon Brothers High Income Fund II Inc (NYSE: HIX), Salomon Brothers Variable Rate Strategic Fund Inc. (NYSE: GFY), Salomon Brothers Worldwide Income Fund Inc. (NYSE: SBW) and Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc (NYSE: SBG) announced today that new portfolio managers have assumed management responsibilities effective at the close of business on March 17, 2006. Salomon Brothers Capital and Income Fund Inc. (NYSE: SCD), Salomon Brothers Emerging Markets Debt Fund Inc. (NYSE: ESD) and Salomon Brothers Inflation Management Fund Inc. (NYSE: IMF) announced today that new portfolio managers will assume management responsibilities beginning on March 31, 2006.

The portfolio managers are employees of Salomon Brothers Asset Management Inc, each Fund's current investment manager (the "Manager"), for purposes of carrying out their duties relating to the Funds. They will also continue to serve as employees of Western Asset Management Company ("Western Asset") which, like the Manager, is a subsidiary of Legg Mason, Inc.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Keith J. Gardner and Matthew C. Duda has assumed portfolio management responsibilities for the following funds:

Salomon Brothers Emerging Markets Floating Rate Fund Inc.

Salomon Brothers Emerging Markets Income Fund Inc.

Salomon Brothers Emerging Markets Income Fund II Inc.

Salomon Brothers Global High Income Fund Inc.

Salomon Brothers Worldwide Income Fund Inc.

Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Keith J. Gardner and Michael C. Buchanan has assumed portfolio management responsibilities for the following funds:

Salomon Brothers High Income Fund Inc

Salomon Brothers High Income Fund II Inc

Salomon Brothers Variable Rate Strategic Fund Inc.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Michael C. Buchanan, Timothy J. Settel and Ian R. Edmonds has assumed portfolio management responsibilities for Salomon Brothers Global Partners Income Fund Inc.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Mark Lindbloom, Carl L. Eichstaedt and Ronald D. Mass will assume portfolio management responsibilities for the fixed income portion of Salomon Brothers Capital and Income Fund Inc. on March 31, 2006.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Keith J. Gardner and Matthew C. Duda will assume portfolio management responsibilities for Salomon Brothers Emerging Markets Debt Fund Inc. on March 31, 2006.

The portfolio management team of S. Kenneth Leech, Stephen A. Walsh, Frederick Marki, Peter H. Stutz and Paul E. Wynn will assume portfolio management responsibilities for Salomon Brothers Inflation Management Fund Inc. on March 31, 2006.

As described above, the Funds are managed by teams of portfolio managers, sector specialists and other investment professionals. The portfolio managers lead the teams, and their focus is on portfolio structure, including sector allocation, duration weighting and term structure decisions.

Messrs. Leech, Walsh, Eichstaedt, Gardner, Stutz, Wynn, Settel, Edmonds, Duda and Mass have been employed by Western Asset or an affiliate for five years or more. Mr. Leech is the Chief Investment Officer of Western Asset and Mr. Walsh is the Deputy Chief Investment Officer of Western Asset.

Prior to joining Western Asset as a portfolio manager and head of the U.S. High Yield team in 2005, Mr. Buchanan was a Managing Director and head of U.S. Credit Products at Credit Suisse Asset Management from 2003 to 2005. Mr. Buchanan served as Executive Vice President and portfolio manager for Janus Capital Management in 2003. Prior to joining Janus Capital Management, Mr. Buchanan was a Managing Director and head of High Yield Trading at Blackrock Financial Management from 1998 to 2003.

Prior to joining Western Asset in 2006, Mr. Lindbloom was a managing director of the Manager and a senior portfolio manager responsible for managing its Mortgage/Corporate Group and was associated with Citigroup Inc. or its predecessor companies since 1986.

Prior to joining Western Asset in 2006, Mr. Marki was a director of the Manager and a senior portfolio manager responsible for managing Treasury/Agency portfolios, and was associated with Citigroup Inc. or its predecessor companies since 1991.

As noted above, each of the portfolio managers is employed by the Manager, for purposes of carrying out their duties relating to the Funds, as well as by Western Asset. Western Asset focuses on managing fixed income assets on behalf of investors around the world. Operating as a subsidiary of Legg Mason since 1986, Western Asset is one of the largest fixed income managers in the world, operating from offices in Pasadena, New York, London, Singapore, Tokyo, Hong Kong, Melbourne and Sao Paulo. The firm has substantial expertise and resources dedicated to the management of fixed income mandates, spanning all segments of the fixed income market, including the asset classes managed in these Funds, and has successfully managed global fixed income assets for over three decades. Western Asset fixed income capabilities have received numerous awards, including being named Morningstar 2004 Fixed Income Manager of the Year as well as Global Investor Magazine's 2005 award for Investment Excellence in US Bonds (along with commendations for European Bonds and Global Bonds).

Legg Mason is a global asset management firm headquartered in Baltimore, Maryland that seeks to provide superior investment performance and service to clients. Through its subsidiaries, Legg Mason's sole business is asset management, and it has on-the-ground management capabilities located around the world. As of December 31, 2005, Legg Mason had assets under management aggregating approximately $850 billion.

Symbols: EFL, EMD, EDF, EHI, GDF, HIF, HIX, GFY, SBW, SBG, SCD, ESD, IMF

Note: On December 1, 2005, Citigroup Inc. ("Citigroup") sold substantially all of its worldwide asset management business, Citigroup Asset Management ("CAM"), to Legg Mason, Inc. ("Legg Mason"). As part of this transaction, the investment adviser for the fund(s) referenced herein became a wholly owned subsidiary of Legg Mason. Under a licensing agreement between Citigroup and Legg Mason, the names of the funds, the names of any classes of shares of funds, and the names of investment advisers of the funds, as well as all logos, trademarks, and service marks related to Citigroup or any of its affiliates ("Citi Marks") are licensed for use by Legg Mason. Citi Marks include, but are not limited to, "Smith Barney," "Salomon Brothers," "Citi" and "Citigroup Asset Management". Legg Mason and its affiliates, as well as the Fund's investment adviser, are not affiliated with Citigroup.

All Citi Marks are owned by Citigroup, and are licensed for use until no later than one year after the date of the licensing agreement.