Business Services Industry

Salomon Brothers High Income Fund as of June 30, 2006

Business Wire, August 11, 2006

NEW YORK -- Salomon Brothers High Income Fund Inc. (NYSE: HIF) announces its portfolio composition as of June 30, 2006

Investment Objective: The Fund seeks to maintain a high level of current income. As a secondary objective, the Fund seeks capital appreciation.

Portfolio Composition*
Asset Allocations:
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High Yield                                  81.66%
     Fixed Income                           80.65%
     Equity                                  1.02%
Emerging Market Debt                        10.44%
     Non-Investment Grade                    6.87%
     Investment Grade                        3.57%
Cash & Other Securities                      7.90%


High Yield Allocation:
----------------------
     United States                          77.93%
     Canada                                  1.55%
     Netherlands                             0.64%
     Ireland                                 0.35%
     South Korea                             0.33%
     United Kingdom                          0.21%
     Luxembourg                              0.19%
     Cayman Islands                          0.17%
     Germany                                 0.16%
     France                                  0.15%

Top Five Industries:
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     Consumer Cyclical                      22.33%
     Communications                         17.57%
     Basic Industry                          8.61%
     Consumer Non Cyclical                   8.01%
     Capital Goods                           8.00%


Top Ten Emerging Markets:
-------------------------
     Brazil                                  2.31%
     Mexico                                  2.27%
     Russia                                  1.39%
     Turkey                                  0.63%
     Peru                                    0.61%
     Venezuela                               0.46%
     Colombia                                0.44%
     Argentina                               0.37%
     Panama                                  0.30%
     Philippines                             0.27%

Average Credit Quality (S&P)                    B 
Average Life (years)                         8.18
Effective Duration (years)                   4.22

*Portfolio holdings and weightings are historical and for informational purposes only. They are subject to change at any time.

Inception Date:               January 29, 1993

Total Net Assets:             $53.333 million
Market Price:                           $9.04
NAV:                                    $10.37

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

Reverse Repurchase Agreements**:         0.11%

**Due to the Fund having a segregated account in which it maintains cash and/or liquid securities equal in value to its obligations in respect of the reverse repurchase agreements, these agreements are not considered to be leverage or a "senior security" for purposes of the asset coverage requirements under the 1940 Act, although they may have the same economic effect as other types of leverage.

Dividend Rate:                $0.0560
Frequency:                    Monthly

Salomon Brothers High Income Fund Inc., a diversified closed-end investment management company, advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the adviser.

For more information, call 1-888-777-0102, or consult the Fund's web site at www.leggmason.com/InvestorServices.> Note: "Smith Barney," "Salomon Brothers" and "Citi" are service marks 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.