Legg Mason Partners Capital and Income Fund Inc. Announces Financial Position as of July 31, 2006

  
    
  
  
    
      Legg Mason Partners Capital and Income Fund Inc. (formerly known as 
      Salomon Brothers Capital and Income Fund Inc.), which is listed on the 
      New York Stock Exchange under the symbol "SCD", today announced the 
      financial position of the Fund as of July 31, 2006.
    
    
      
        
        
        
        
        
          Current Qtr
        
        
          
            Previous Qtr
          
        
        
          Prior Yr's Qtr
        
      
      
        
        
        
        
        
          July 31,
        
        
          April 30,
        
        
          July 31,
        
      
      
        
        
        
        
        
        
        
          2006 
        
        
        
        
          2006 
        
        
        
        
          2005 
        
      
      
        
           
        
      
      
        
          Total Assets (a)
        
        
        
        
          $
        
        
          914,385,455 
        
        
          $
        
        
          891,084,817 
        
        
          $
        
        
          894,830,321 
        
      
      
        
          Total Net Assets (a)
        
        
        
        
          $
        
        
          626,924,520 
        
        
          $
        
        
          655,625,740 
        
        
          $
        
        
          667,575,810 
        
      
      
        
           
        
      
      
        
          NAV Per share
        
        
        
        
        
        
        
        
        
      
      
        
          of Common Stock (b)
        
        
        
        
          $
        
        
          20.38 
        
        
          $
        
        
          20.83 
        
        
          $
        
        
          20.32 
        
      
      
        
          Market Price Per Share
        
        
        
        
          $
        
        
          17.30 
        
        
          $
        
        
          17.61 
        
        
          $
        
        
          17.67 
        
      
      
        
          Premium / (Discount)
        
        
        
        
        
        
          (15.11)%
        
        
        
        
          (15.46)%
        
        
        
        
          (13.04)%
        
      
      
        
          Outstanding Shares
        
        
        
        
        
        
          30,755,506 
        
        
        
        
          31,470,206 
        
        
        
        
          32,856,306 
        
      
      
        
           
        
      
      
        
          Total Net Investment
        
        
        
        
        
        
        
        
        
      
      
        
          Income (c)
        
        
        
        
          $
        
        
          5,642,324 
        
        
          $
        
        
          4,462,951 
        
        
          $
        
        
          7,451,999 
        
      
      
        
          Total Net Investment
        
        
        
        
        
        
        
        
        
      
      
        
          Income Per Share (c)
        
        
        
        
          $
        
        
          0.18 
        
        
          $
        
        
          0.14 
        
        
          $
        
        
          0.23 
        
      
      
        
           
        
      
      
        
          Total Net Realized / Unrealized
        
        
        
        
        
        
        
        
        
      
      
        
          Gain / (Loss) (c)
        
        
        
        
          $
        
        
          (12,614,811)
        
        
          $
        
        
          3,153,004 
        
        
          $
        
        
          56,956,834 
        
      
      
        
          Total Net Realized / Unrealized
        
        
        
        
        
        
        
        
        
      
      
        
          Gain / (Loss) Per Share (c)
        
        
        
        
          $
        
        
          (0.41)
        
        
          $
        
        
          0.10 
        
        
          $
        
        
          1.73 
        
      
      
        
           
        
      
      
        
          Undistributed / (Overdistributed)
        
        
        
        
        
        
        
        
        
      
      
        
          Net Investment Income (d)
        
        
        
        
          $
        
        
          (13,360,015)
        
        
          $
        
        
          (9,700,167)
        
        
          $
        
        
          (10,494,154)
        
      
      
        
          Undistributed / (Overdistributed)
        
        
        
        
        
        
        
        
        
      
      
        
          Net Investment Income
        
        
        
        
        
        
        
        
        
      
      
        
          Per Share(d)
        
        
        
        
          $
        
        
          (0.43)
        
        
          $
        
        
          (0.31)
        
        
          $
        
        
          (0.32)
        
      
    
    
      Footnotes:
    
    
      (a) The difference between total assets and total net assets is due 
      primarily to the issuance of preferred stock and/or the Fund's use of 
      borrowings; total assets do not include accrued expenses, other 
      liabilities, borrowings and the redemption value of preferred stock, if 
      any.
    
    
      (b) NAVs are calculated as of the close of business on the last business 
      day in the periods indicated above.
    
    
      (c) For the quarter indicated.
    
    
      (d) As of the period indicated above.
    
    
      This financial data is unaudited.
    
    
      The fund files its semi-annual and annual reports with the Securities 
      and Exchange Commission as well as its complete schedule of portfolio 
      holding for the first and third quarters of each fiscal year on Form 
      N-Q. These reports are available on the Commission's website at www.sec.gov. 
      To obtain information on the Form N-Q or a semi-annual or annual report 
      from the Fund, shareholders can call 1-800-777-0102. Legg Mason Partners 
      Capital and Income Fund Inc., a non-diversified closed-end investment 
      management company, is 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, LLC, and CAM North America, LLC, each 
      an affiliate of the adviser.
    
    
      For more information, call Investor Relations at 1-888-777-0102, or 
      visit the Fund's web site at http://www.leggmason.com/InvestorServices.
    
  
Legg Mason Partners Capital and Income Fund Inc. (formerly known
as Salomon Brothers Capital and Income Fund Inc.), which is listed on
the New York Stock Exchange under the symbol "SCD", today announced
the financial position of the Fund as of July 31, 2006.

-0-
*T
                            Current Qtr    Previous Qtr Prior Yr's Qtr
                              July 31,      April 30,      July 31,
                               2006           2006          2005

 Total Assets (a)         $  914,385,455  $891,084,817 $  894,830,321
 Total Net Assets (a)     $  626,924,520  $655,625,740 $  667,575,810

 NAV Per share
   of Common Stock (b)    $        20.38  $      20.83 $        20.32
 Market Price Per Share   $        17.30  $      17.61 $        17.67
 Premium / (Discount)            (15.11)%      (15.46)%       (13.04)%
 Outstanding Shares           30,755,506    31,470,206     32,856,306

 Total Net Investment
   Income (c)             $    5,642,324  $  4,462,951 $    7,451,999
 Total Net Investment
   Income Per Share (c)   $         0.18  $       0.14 $         0.23

 Total Net Realized /
  Unrealized
   Gain / (Loss) (c)      $  (12,614,811) $  3,153,004 $   56,956,834
 Total Net Realized /
  Unrealized
   Gain / (Loss) Per
    Share (c)             $        (0.41) $       0.10 $         1.73

 Undistributed /
  (Overdistributed)
   Net Investment Income
    (d)                   $  (13,360,015) $ (9,700,167)$  (10,494,154)
 Undistributed /
  (Overdistributed)
   Net Investment Income
     Per Share(d)         $        (0.43) $      (0.31)$        (0.32)
*T

   Footnotes:

   (a) The difference between total assets and total net assets is
        due primarily to the issuance of preferred stock and/or the
        Fund's use of borrowings; total assets do not include accrued
        expenses, other liabilities, borrowings and the redemption
        value of preferred stock, if any.

   (b) NAVs are calculated as of the close of business on the last
        business day in the periods indicated above.

   (c) For the quarter indicated.

   (d) As of the period indicated above.

   This financial data is unaudited.

   The fund files its semi-annual and annual reports with the
Securities and Exchange Commission as well as its complete schedule of
portfolio holding for the first and third quarters of each fiscal year
on Form N-Q. These reports are available on the Commission's website
at www.sec.gov. To obtain information on the Form N-Q or a semi-annual
or annual report from the Fund, shareholders can call 1-800-777-0102.
Legg Mason Partners Capital and Income Fund Inc., a non-diversified
closed-end investment management company, is 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, LLC, and
CAM North America, LLC, each an affiliate of the adviser.

   For more information, call Investor Relations at 1-888-777-0102,
or visit the Fund's web site at
http://www.leggmason.com/InvestorServices.