LMP Capital and Income Fund Inc. (''SCD'') Announces Distributions for the Months of March, April and May 2007

  
    
  
  
    
      LMP Capital and Income Fund Inc., which is listed on the New York Stock 
      Exchange under the symbol “SCD,” 
      announced monthly distributions of $0.1000 per common share for 
      March, April and May 2007.
    
    
      The distribution schedule and amounts for the months of March, April and 
      May 2007 appear below:
    
    
      
        
          Month
        
        
        
        
          Ex-Date
        
        
        
        
          Record Date
        
        
        
        
          Payable Date
        
        
        
        
          Amount
        
        
        
        
          Type
        
      
      
        
          March
        
        
        
        
          03/21/07 
        
        
        
        
          03/23/07 
        
        
        
        
          03/30/07 
        
        
        
        
          $
        
        
        
        
          0.1000 
        
        
        
        
          Long-term Capital Gain
        
      
      
        
          April
        
        
        
        
          04/18/07 
        
        
        
        
          04/20/07 
        
        
        
        
          04/27/07 
        
        
        
        
          $
        
        
        
        
          0.1000 
        
        
        
        
          Long-term Capital Gain
        
      
      
        
          May
        
        
        
        
          05/16/07 
        
        
        
        
          05/18/07 
        
        
        
        
          05/25/07 
        
        
        
        
          $
        
        
        
        
          0.1000 
        
        
        
        
          Long-term Capital Gain
        
      
    
    
      Pursuant to its Managed Distribution Policy, the Fund intends to make 
      regular monthly distributions to shareholders at a fixed rate per common 
      share, which may be adjusted from time to time by the Fund’s 
      Board of Directors. Under the Fund’s Managed 
      Distribution Policy, if, for any monthly distribution, net investment 
      income and net realized capital gain is less than the amount of the 
      distribution, the difference will be distributed from the Fund’s 
      assets (and constitute a “return of capital”). 
      The Board of Directors may terminate the Managed Distribution Policy at 
      any time, including when certain events would make part of the return of 
      capital taxable to shareholders. Any such termination could have an 
      adverse effect on the market price for Fund’s 
      shares.
    
    
      This press release is not for tax reporting purposes and is being 
      provided to announce the amount of the Fund's distributions that have 
      been declared by the Board of Directors. In early 2008, after definitive 
      information is available, the Fund will send shareholders a Form 
      1099-DIV, if applicable, specifying how the distributions paid by the 
      Fund during the calendar year 2007 should be characterized for purposes 
      of reporting the distributions on a shareholder’s 
      tax return (e.g., ordinary income, long-term capital gain or return of 
      capital).
    
    
      LMP Capital and Income Fund Inc., is advised by Legg Mason Partners Fund 
      Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. and is 
      sub-advised by ClearBridge Advisors, LLC, Western Asset Management 
      Company and Western Asset Management Company Limited, affiliates of the 
      adviser.
    
    
      For more information, call Investor Relations at 1-888-777-0102 or visit 
      the Fund’s web site at www.leggmason.com/InvestorServices.