Business Services Industry

Salomon Brothers High Income Fund as of March 31, 2006

Business Wire, May 26, 2006

NEW YORK -- Salomon Brothers High Income Fund Inc. (NYSE: HIF) announces its portfolio composition as of March 31, 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:
--------------------------------------
High Yield                                           83.00%
     Fixed Income                                    78.95%
     Equity                                           4.05%
Emerging Market Debt                                  9.86%
     Non-Investment Grade                             6.11%
     Investment Grade                                 3.75%
Cash & Other Securities                               7.14%


High Yield Allocation:
--------------------------------------
     United States                                   78.24%
     Canada                                           2.16
     United Kingdom                                   0.89
     Netherlands                                      0.65
     Ireland                                          0.35
     Cayman Islands                                   0.34
     Luxembourg                                       0.18
     Bermuda                                          0.14
     France                                           0.03

Top Five Industries:
--------------------------------------
     Consumer Cyclical                               20.78%
     Communications                                  17.76
     Basic Industry                                   9.88
     Consumer Non Cyclical                            8.23
     Capital Goods                                    7.51

Top Five Emerging Markets:
--------------------------------------
     Brazil                                           1.86%
     Mexico                                           1.84
     Russia                                           1.16
     Turkey                                           0.69
     Peru                                             0.58


Average Credit Quality (S&P)                             B
Average Life (years)                                  7.15
Effective Duration (years)                            3.80


Currency Allocation:
US Dollar:                              100.0%

* 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:             $54.512 million
Market Price:                           $9.29
NAV:                                    $10.60
(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 consult the Fund's web site at www.leggmason.com/InvestorServices.> 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," and "Citigroup Asset 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.