The Salomon Brothers Fund Inc Announces Shareholder Approval of Conversion to Open-End Investment Company

At a special meeting of The Salomon Brothers Fund Inc
(NYSE: SBF) held earlier today, shareholders of the Fund voted to
approve the conversion of the Fund from a closed-end investment
company to an open-end investment company and certain amendments to
the Fund's fundamental investment restrictions, including the
fundamental investment restrictions relating to borrowing, investing
in real estate, lending and investing in other investment companies.
The shareholders also elected Andrew L. Breech, Carol L. Colman,
William R. Dill, R. Jay Gerken, William R. Hutchinson, and Thomas F.
Schlafly to continue to serve as Directors of the Fund.
   The conversion of the Fund from a closed-end investment company to
an open-end investment company is expected to take place on or before
June 30, 2006. Prior to the conversion, the Fund must have an
effective registration statement. Upon conversion, shares of the Fund
will be reclassified as Class O shares and each shareholder of the
Fund will continue to own shares with the same aggregate net asset
value as the shares the shareholder owned immediately prior to the
conversion. Class O shares of the Fund will be available only to
holders of Fund shares on the date of the conversion of the Fund from
a closed-end investment company to an open-end investment company. No
additional Class O shares will be issued after conversion, except
pursuant to the dividend/distribution reinvestment program. Class O
shares of the Fund will not be eligible for exchange of shares of any
other fund in the Legg Mason Partners fund complex. There will be no
initial or deferred sales charges on the Class O shares. The Fund
will, however, charge a redemption fee equal to 0.75% of the aggregate
net asset value of the Class O shares that are redeemed during the
first 12 months following the Fund's conversion to an open-end
investment company.
   In connection with the conversion, the Fund will suspend its
dividend reinvestment plan following completion of the reinvestment of
the dividend declared April 26 that is payable May 19, 2006. The
Fund's optional cash purchase plan also has been terminated effective
today.

   The Salomon Brothers Fund Inc, a diversified investment management
company, is managed by Salomon Brothers Asset Management Inc, a wholly
owned subsidiary of Legg Mason, Inc.
   For additional information, please contact the Investor Relations
group at 1-888-777-0102, or 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.