LMP Capital and Income Fund Inc. announced the retirement of R. Jay Gerken as Chairman and a Director/Trustee of the Fund and as Chief Executive Officer and President of the Fund, effective June 1, 2013. Mr. Gerken served the Fund for over ten years. The Board of each Fund has appointed Kenneth D. Fuller as a Director/Trustee of the Funds, effective June 1, 2013.

Additionally, the Board of the fund has appointed Mr. Fuller as the Chairman, Chief Executive Officer and President of the Fund. Mr. Fuller is a Managing Director of Legg Mason & Co., LLC (since 2013); Officer and/or Director/Trustee of 162 funds associated with Legg Mason Partners Fund Advisor, LLC (since 2013); President and Chief Executive Officer of LM Asset Services, LLC (formerly a registered investment adviser) (since 2013); formerly, Senior Vice President of LMPFA (since 2012); formerly, Director of Legg Mason & Co. (2012 to 2013); formerly, Vice President of Legg Mason & Co.

(2009 to 2012); formerly, Vice President of T. Rowe Price Associates (1993 to 2009), as well as Investment Analyst and Portfolio Manager for certain asset allocation accounts (2004 to 2009).