EFL Eaton Vance Floating Rate 2022 Target Term Trust

Western Asset Emerging Markets Floating Rate Fund Inc., which is listed on the New York Stock Exchange under the symbol ๏ฟฝEFL๏ฟฝ, today announced the financial position of the Fund as of May 31, 2008. ๏ฟฝ Current Q ๏ฟฝ ๏ฟฝ Previous Q ๏ฟฝ ๏ฟฝ Prior Yr Q May 31, 2008 February 28, 2008 May 31, 2007 Total Assets (a) $56,748,476 $57,463,987 $62,765,762 Total Net Assets (a) $55,520,972 $54,723,446 $61,918,096 NAV Per Share of Common Stock (b) $12.89 $12.71 $14.39 Market Price Per Share $15.58 $11.74 $13.42 Premium / (Discount) 20.87% (7.63)% (6.74)% Outstanding Shares 4,307,306 4,305,295 4,303,709 ๏ฟฝ Total Net Investment Income (c) $642,910 $715,610 $867,189 Total Net Investment Income Per Share (c) $0.15 $0.17 $0.20 ๏ฟฝ Total Net Realized/Unrealized Gain/(Loss) (c) $1,223,987 $(2,477,507) $943,973 Total Net Realized/Unrealized Gain/(Loss) Per Share (c) $0.28 $(0.58) $0.22 ๏ฟฝ Undistributed/(Overdistributed) Net Investment Income (d) $806,758 $1,122,291 $1,070,509 Undistributed/(Overdistributed) Net Investment Income Per Share (d) $0.19 $0.26 $0.25 Footnotes: (a) ๏ฟฝ ๏ฟฝ ๏ฟฝ ๏ฟฝ ๏ฟฝ 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 net assets do not include 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 holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission๏ฟฝs website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102. Western Asset Emerging Markets Floating Rate Fund Inc., a non-diversified, closed-end investment management company, is managed 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 investment manager. Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund๏ฟฝs website at www.leggmason.com/cef.