Salomon Brothers High Income Fund as of December 31, 2005

Business Wire, Feb 2, 2006

NEW YORK -- Salomon Brothers High Income Fund Inc. (NYSE: HIF) as of December 31, 2005

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:
-------------------
High Yield                    84.26%
Emerging Market Debt           9.94
Cash                           5.80


High Yield Allocation:
-----------------------
US                  77.59%
Canada              2.77
United Kingdom      1.13
Netherlands         0.70
France              0.58
Cayman              0.34
Ireland             0.33
Bahamas             0.32
Luxembourg          0.19
Marshall Islands    0.16
Bermuda             0.15


Ratings Breakdown:
------------------
A                   2.55%
BBB                 4.39
BB                  23.93
B                   43.62
CCC                 12.48
CC                  0.40
C/Below             0.91
Non-Rated           5.92
Cash                5.80


Top Five High Yield Industries:
--------------------------------
Cable & Other Media           10.28%
Energy                        7.33
Telecommunication             7.08
Chemicals                     6.69
Auto Mfg/Vehicle Parts        6.13


Top Five Emerging Market Debt Countries:
-----------------------------------------
Brazil                        2.13%
Mexico                        1.99
Russia                        0.96
Turkey                        0.69
Venezuela                     0.55

Currency Allocation:
--------------------
US Dollar:                    100.0%

Treasury Duration:            4.3 years
Spread Duration:              4.3 years
Average Maturity:             8.6 years
Average Life:                 8.4 years


*Portfolio holdings and weightings are subject to change at any time.


Inception Date:               January 29, 1993

Total Net Assets:             $53.967 million
Market Price:                 $8.99
NAV:                          $10.50
(Daily NAV is available on market quotation systems using
  the symbol XHIFX.)
Dividend Rate:                $0.0560
Frequency:                    Monthly

Salomon Brothers High Income Fund Inc., a diversified investment management company, is managed by Salomon Brothers Asset Management Inc, a wholly owned subsidiary of Legg Mason, Inc.

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

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," "Citigroup Asset Management," and "Davis Skaggs Investment 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.