SCD LMP Capital and Income Fund Inc

LMP Capital and Income Fund Inc. (NYSE: SCD) announces its portfolio composition as of December 29, 2006 Investment Objective: The Fund๏ฟฝs Investment objective is total return with an emphasis on income. Portfolio Composition (% of total portfolio)* Common Stocks & Convertible Securities 70.7% (0.01% in convertibles) Mortgage-Backed Securities** 10.8 Investment Grade Debt 1.0 Corporate High Yield (Below investment grade) Debt 9.0 Emerging Market Debt 0.1 Cash & Derivatives 8.4 **When the Fund establishes a segregated account in which it maintains cash and/or liquid securities equal in value to its obligations in respect of the mortgage dollar rolls, the mortgage dollar rolls will not be considered a borrowing or a ๏ฟฝsenior security๏ฟฝ for purposes of the asset coverage requirements under the 1940 Act. Top 10 Holdings (% of total portfolio) American Express 3.2% General Electric Co 2.9 McDonalds Corp 2.5 UBS AG 2.2 National Fuel Gas 2.2 WellPoint 2.0 Altria Group Inc 2.0 Time Warner Inc 1.9 Microsoft Corp 1.9 UnitedHealth Group 1.9 COMMON STOCK & CONVERTIBLE SECURITIES (% of equity allocation) Sector Allocations Financials (includes REITs) 28.6% Consumer Discretionary 17.8 Information Technology 14.5 Industrials 11.5 Energy 8.6 Health Care 7.0 Consumer Staples 5.0 Utilities 5.0 Materials 2.0 FIXED INCOME (% of fixed income allocation) Asset Allocations: Mortgage Backed 44.19% Investment Grade 3.94% High Yield 36.74% Emerging Market Debt 0.58% Non-Investment Grade 0.36% Investment Grade 0.22% Cash & Other Securities 14.26% ๏ฟฝ High Yield Allocation: United States 35.32% Canada 0.46% Germany 0.12% United Kingdom 0.23% Ireland 0.38% Luxembourg 0.16% Mexico 0.02% France 0.04% ๏ฟฝ Top Five Industries: Consumer Cyclical 11.22% Communications 8.18% Basic Industry 3.72% Consumer Non Cyclical 3.26% Capital Goods 3.28% ๏ฟฝ Average Credit Quality (S&P) BBB+ Average Life (years) 11.69๏ฟฝ Effective Duration (years) 6.75๏ฟฝ *Portfolio holdings and weightings are historical and for informational purposes only. They are subject to change at any time. Leverage: 25.26% Inception Date: February 24, 2004 Inception Price: $20.00 Total Assets: $870.933 million Market Price: $19.05 NAV: $21.72 (Daily NAV is available on market quotation systems using the symbol XSCDX.) Dividend Rate*: $0.1000 per share Frequency: Monthly *Pursuant to its managed distribution policy, the Fund intends to make regular monthly distributions to shareholders at a fixed rate per common share, which rate may be adjusted from time to time by the Fund๏ฟฝs Board of Directors. Under the Fund๏ฟฝs managed distribution policy, if, for any monthly distribution, net investment income and net realized capital gains is less than the amount of the distribution, the difference will be distributed from the Fund๏ฟฝs assets (and constitute a ๏ฟฝreturn of capital๏ฟฝ). LMP Capital and Income Fund Inc., a non-diversified closed-end investment management company traded on the New York Stock Exchange under the symbol ๏ฟฝSCD,๏ฟฝ is advised by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc. and is sub-advised by CAM North America, LLC, Western Asset Management Company, and Western Asset Management Company Limited, affiliates of the adviser. For more information, call 1-888-777-0102, or consult the Fund๏ฟฝs web site at www.leggmason.com/InvestorServices.