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Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc. Announces Name Change to Western Asset 2008 Worldwide Dollar Government Term Trust Inc.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc., which is traded on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the symbol "SBG SBG Salzburg, Österreich (Salzburg, Austria)
SBG Sociedade Brasileira de Genética (Portugese)
SBG Südbadenbus GmbH (German)
SBG Student Body Government
SBG Server-Based Gaming
," announced today a name change to Western Asset 2008 Worldwide Dollar Government Term Trust Inc. effective with the opening of trading on Monday, October 9, 2006. The Fund will continue to trade under its existing New York Stock Exchange symbol "SBG." The CUSIP number CUSIP Number

An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system.

Notes:
This system is used in the U.S. and Canada.
 for Western Asset 2008 Worldwide Dollar Government Term Trust Inc. will be as follows:

--Common Stock: 95766W103

The renaming of Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc follows Legg Mason's acquisition of substantially all of Citigroup's asset management business in December 2005. Following that transaction, Legg Mason announced plans to integrate and streamline mutual funds included in the Citigroup transaction.

Salomon Brothers 2008 Worldwide Dollar Government Term Trust Inc, a non-diversified closed-end investment management company, is advised by Legg Mason Partners Fund Advisor, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the adviser.

Western Asset is one of the world's premier fixed income managers. With offices in Pasadena, New York, London, Tokyo, Singapore, Hong Kong, Melbourne and Sao Paulo, Western Asset offers institutional and retail clients a full range of fixed income products. By devoting all of its resources to fixed income, Western Asset is able to provide a full commitment to its clients in every area of the firm. This focused approach has generated superior returns in products with a variety of risk disciplines. Western Asset's long performance track record and global presence has them positioned to continue their commitment to excellence in fixed income investment management and client service. As of June 30, 2006, Western Asset had $511.7 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. .

Legg Mason is a global asset management firm, structured as a holding company, with on-the-ground asset management capabilities around the world. As of June 30, 2006, its assets under management aggregated approximately $855 billion. The firm is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (NYSE NYSE

See: New York Stock Exchange
:LM).

For more information, call 1-888-777-0102, or log on to the Fund's website at www.leggmason.com/InvestorServices.

Note: "Salomon Brothers" is a service mark of Citigroup, licensed for use by Legg Mason as the names of funds and investment advisers. Legg Mason and its affiliates, as well as the fund's investment manager, are not affiliated with Citigroup.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Sep 21, 2006
Words:410
Previous Article:Prudential Bancorp, Inc. of Pennsylvania Announces Plan to Open New Philadelphia Branch Office.
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