Citigroup Asset Management Closed-End Funds Announces Replay of Conference Call

Business Wire, June 1, 2005

NEW YORK -- Citigroup Asset Management, which includes Salomon Brothers Asset Management Inc, today announced the replay information for the conference call held on Tuesday, May 24, 2005. Representatives from both Salomon Brother's fixed income and equity investment management teams participated in the call.

The call covered recent trends in both the fixed income and equity markets, and provided some insight, including recent portfolio compositions, on several of our most recent fund offerings. (Portfolio Allocations for each of our funds can be found on the Citigroup Asset Management closed-end fund website: www.citigroupam.com and www.sbam.com.

Dial-In: 1-866-351-5760

The replay will be available until 11.59 pm ET on June 10, 2005; no passcode is necessary to access the replay.

Salomon Brothers Asset Management Inc and other entities comprising Citigroup Asset Management are indirect wholly owned subsidiaries of Citigroup Inc.

SYMBOLS:

NYSE: EDF; EFL; EHI; EMD; ESD; GDF; GFY; HIF; HIO; HIX; IMF; MHF; MHY; MMU; MNP; MPT; RIT; SBF; SBG; SBW; SCD; TLI; ZIF

AMEX: SBI