Intermediate Muni Fund as of September 30, 2004

Intermediate Muni Fund as of September 30, 2004 


NEW YORK, Oct. 13  /PRNewswire-FirstCall/ -- Intermediate Muni Fund (AMEX: SBI)
as of September 30, 2004

Investment Objective: The Fund seeks as high a level of current income exempt
from Federal income tax as is consistent with prudent investing.

   Portfolio Composition*

  Industry Allocations
  Hospital                                16.3%
  Education                               16.2
  Escrowed to Maturity                    11.6
  Transportation                          11.2
  General Obligation                      9.1
  Water & Sewer                           7.0
  Pollution Control Revenue               4.3
  Life Care Systems                       3.4
  Utilities                               3.2
  Multifamily Housing                     2.8
  Tax Allocation                          2.7
  Industrial Development                  2.4
  Public Facilities                       2.4
  Pre-Refunded                            1.9
  Tobacco                                 1.8
  Solid Waste                             0.8
  Single Family Housing                   0.3
  Miscellaneous                           2.6

  Credit Quality (Higher of S&P or Moody's)
  AAA                                     48.9%
  AA                                      14.5
  A                                       11.0
  BBB                                     14.2
  BB                                      1.1
  B                                       1.9
  CCC                                     0.7
  C                                       0.1
  NR                                      7.6

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

  Portfolio Statistics

  Inception Date       March 2, 1992
  Inception Price      $10.00
  Leverage             $50 million Municipal Auction Rate Cumulative
                       Preferred Shares
  Average Maturity                        10.7 years
  Average Life                            6.5 years
  Average Call Protection                 6.2 years
  Average Price                           $109.42
  Average Coupon                          6.23%
  Total Net Assets                        $191.681 million
  Dividend                                $0.051 per month
  (Declared quarterly, paid monthly)
  Market Price                            $9.37
  NAV                                     $10.10
  (Daily NAV is available on market quotation systems using the symbol
  XSBIX.)
  AMT Percentage                          12.3% (of market value)
  (Actual percentage of income subject to alternative minimum tax is
  reported after yearend.)


  Call Statistics**
  Non-Callable:                           27.4%
  2004                                    2.4
  2005                                    5.3
  2006                                    2.6
  2007                                    3.5
  2008                                    5.7
  2009                                    7.8
  2010                                    19.3
  2011                                    18.3
  2012                                    23.0
  2013                                    6.2
  2014                                    2.6
  2015                                    0.7
  2016                                    0.8
  2018                                    0.6
  2021                                    1.1
  2024                                    0.1

  **Year of first optional call date or maturity if non-callable.



Intermediate Muni Fund Inc., a diversified investment management company, is
managed by Smith Barney Fund Management LLC, an indirect wholly owned
subsidiary of Citigroup Inc.

For more information, please call 1-888-735-6507 or consult the Fund's web site
at http://www.citigroupassetmanagement.com/. 

DATASOURCE: Intermediate Muni Fund



CONTACT:  Brenda Grandell, Director, Closed-End Funds, [phone],

or Media Relations - Edward Giltenan, Head of Public Relations,

[phone], both of Citigroup Asset Management

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