Salomon Brothers Emerging Markets Debt Fund Inc. as of March 31, 2005

Business Wire, May 10, 2005

NEW YORK -- Salomon Brothers Emerging Markets Debt Fund Inc. (NYSE:ESD) as of March 31, 2005.

Investment Objective: The Fund's primary investment objective is total return. The Fund's secondary objective is high current income.

Portfolio Composition(a)

Asset Allocations:
Emerging Market Bonds:            96.21%
Cash:                              3.79

Top Ten Emerging Market Debt Countries:

Brazil                            21.44%
Mexico                            19.27
Russia                            14.64
Colombia                           5.17
Turkey                             4.79
Venezuela                          4.18
Peru                               3.92
Argentina                          3.82
Philippines                        3.77
Panama                             2.90

Currency Allocation:

US Dollar:                          100%

Treasury Duration:                  6.1 years
Spread Duration:                    8.9 years
Average Maturity:                  22.3 years
Average Life:                      19.0 years
Average Credit Quality             Ba1 (Moody's) / BB  (S&P)

(a) Portfolio holdings and weightings are subject to change at any
    time.

Inception Date:                    December 1, 2003

Total Net Assets:                  $537.392 million
Leverage:                          23.96%

Market Price:                      $18.63
NAV:                               $19.19

(Daily NAV is available on market quotation systems using the symbol
 XESDX.)

Dividend Rate:                     $0.12000 (declared 5/5/05)
Frequency:                         Monthly

Salomon Brothers Emerging Markets Debt Fund Inc., a non-diversified investment management company traded on the New York Stock Exchange under the symbol "ESD," is managed by Salomon Brothers Asset Management Inc, an indirect wholly owned subsidiary of Citigroup Inc.

For more information, call 1-888-777-0102 or 1-800-SALOMON, or consult the Fund's web site at www.sbam.com.