EFL Eaton Vance Floating Rate 2022 Target Term Trust

Salomon Brothers Emerging Markets Floating Rate Fund Inc. (NYSE: EFL) announces its portfolio composition as of June 30, 2006 Investment Objective: The Fund seeks to maintain a high level of current income. -0- *T Portfolio Composition* Asset Allocations: -------------------------------------- Emerging Markets 93.08% Non-Investment Grade 59.27% Investment Grade 33.81% Cash & Other Securities 6.92% Top Ten Emerging Markets: -------------------------------------- Russia 20.54% Brazil 19.51% Mexico 13.52% Venezuela 7.62% Argentina 5.99% Panama 5.96% Peru 4.29% Colombia 4.25% Turkey 3.55% Ukraine 1.86% Average Credit Quality (S&P) BB Average Life (years) 7.01 *T *Portfolio holdings and weightings are historical and for informational purposes only. They are subject to change at any time. Inception Date: March 25, 1994 Total Net Assets: $63.858 million Leverage: 0.00% Reverse Repurchase Agreements**: 8.20% **Due to the Fund having established a segregated account in which it maintains cash and/or liquid securities equal in value to its obligations in respect of the reverse repurchase agreements, these agreements are not considered to be leverage of a "senior security" for purposes of the asset coverage requirements under the 1940 Act, although they may have the same economic effect as other types of leverage. Market Price: $12.53 NAV: $14.84 (Daily NAV is available on market quotation systems using the symbol XEFLX.) Dividend Rate: $0.068 Frequency: Monthly Salomon Brothers Emerging Markets Floating Rate Fund Inc., a non-diversified closed-end investment management company traded on the New York Stock Exchange under the symbol "EFL," 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, an affiliate of the adviser. For more information, call 1-888-777-0102, or consult the Fund's web site at www.leggmason.com/InvestorServices. Note: "Smith Barney," "Salomon Brothers" and "Citi" are service marks of Citigroup, licensed for use by Legg Mason as the names of funds and investment advisers. Legg Mason and its affiliates, as well as the fund's investment manager, are not affiliated with Citigroup.