SCD LMP Capital and Income Fund Inc

LMP Capital and Income Fund Inc., which is listed on the New York Stock Exchange under the symbol �SCD,� announced monthly distributions, of $0.2500, $0.1000 and $0.1000 per common share for December, January and February, respectively. The distribution of $0.2500 in December is above the Fund's managed distribution policy of $0.1000 monthly, due to the Fund's compliance with rules under the Investment Company Act of 1940, as amended, regarding the amount (rather than the frequency) of realized long-term gains that must be distributed by the Fund. The distribution schedule and amounts for December 2006, January 2007 and February 2007 appear below: Month Ex-Date Record Date Payable Date Amount Type December 12/20/06� 12/22/06� 12/29/06� $ 0.2500� Long-term Capital Gain January 01/17/07� 01/19/07� 01/26/07� $ 0.1000� Long-term Capital Gain February 02/14/07� 02/16/07� 02/23/07� $ 0.1000� Long-term Capital Gain Pursuant to its Managed Distribution Policy, the Fund intends to make regular monthly distributions to shareholders at a fixed rate per common share, which may be adjusted from time to time by the Fund�s Board of Directors. Under the Fund�s Managed Distribution Policy, if, for any monthly distribution, net investment income and net realized capital gain is less than the amount of the distribution, the difference will be distributed from the Fund�s assets (and constitute a �return of capital�). The Board of Directors may terminate the Managed Distribution Policy at any time, including when certain events would make part of the return of capital taxable to shareholders. Any such termination could have an adverse effect on the market price for Fund�s shares. This press release is not for tax reporting purposes and is being provided to announce the amount of the Fund's distributions that have been declared by the Board of Directors. In early 2007, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the calendar year 2006 should be characterized for purposes of reporting the distributions on a shareholder�s tax return (e.g., ordinary income, long-term capital gain or return of capital). LMP Capital and Income Fund Inc., is advised by Legg Mason Partners Fund Advisor, LLC (�LMPFA�), and is sub-advised by ClearBridge Advisors, LLC (�ClearBridge�), and Western Asset Management Company, LLC (�Western Asset�). LMPFA, ClearBridge, and Western Asset are wholly-owned subsidiaries of Legg Mason. For more information, call Investor Relations at 1-888-777-0102 or visit the Fund�s web site at www.leggmason.com/InvestorServices. LMP Capital and Income Fund Inc., which is listed on the New York Stock Exchange under the symbol "SCD," announced monthly distributions, of $0.2500, $0.1000 and $0.1000 per common share for December, January and February, respectively. The distribution of $0.2500 in December is above the Fund's managed distribution policy of $0.1000 monthly, due to the Fund's compliance with rules under the Investment Company Act of 1940, as amended, regarding the amount (rather than the frequency) of realized long-term gains that must be distributed by the Fund. The distribution schedule and amounts for December 2006, January 2007 and February 2007 appear below: -0- *T Month Ex-Date Record Date Payable Date Amount Type Long-term December 12/20/06 12/22/06 12/29/06 $0.2500 Capital Gain Long-term January 01/17/07 01/19/07 01/26/07 $0.1000 Capital Gain Long-term February 02/14/07 02/16/07 02/23/07 $0.1000 Capital Gain *T Pursuant to its Managed Distribution Policy, the Fund intends to make regular monthly distributions to shareholders at a fixed rate per common share, which may be adjusted from time to time by the Fund's Board of Directors. Under the Fund's Managed Distribution Policy, if, for any monthly distribution, net investment income and net realized capital gain is less than the amount of the distribution, the difference will be distributed from the Fund's assets (and constitute a "return of capital"). The Board of Directors may terminate the Managed Distribution Policy at any time, including when certain events would make part of the return of capital taxable to shareholders. Any such termination could have an adverse effect on the market price for Fund's shares. This press release is not for tax reporting purposes and is being provided to announce the amount of the Fund's distributions that have been declared by the Board of Directors. In early 2007, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the calendar year 2006 should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital). LMP Capital and Income Fund Inc., is advised by Legg Mason Partners Fund Advisor, LLC ("LMPFA"), and is sub-advised by ClearBridge Advisors, LLC ("ClearBridge"), and Western Asset Management Company, LLC ("Western Asset"). LMPFA, ClearBridge, and Western Asset are wholly-owned subsidiaries of Legg Mason. For more information, call Investor Relations at 1-888-777-0102 or visit the Fund's web site at www.leggmason.com/InvestorServices.