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 ๏ฟฝSCD๏ฟฝ, announced today distributions of $0.1400 per common share per month for October and November 2007. The distribution schedule and amounts for the months of October and November 2007 appear below: Month Ex-Date Record Date Payable Date Amount October 10/17/2007 10/19/2007 10/26/2007 $0.1400 November 11/20/2007 11/23/2007 11/30/2007 $0.1400 Under the terms of the Fund๏ฟฝs managed distribution policy, the Fund seeks to maintain a consistent distribution level, stated as a fixed rate per common share per month, that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund๏ฟฝs aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder๏ฟฝs capital. A return of capital is not taxable; rather it reduces a shareholder๏ฟฝs tax basis in his or her shares of the Fund. The Board of Directors may terminate or suspend the managed distribution policy at any time. Any such termination or suspension could have an adverse effect on the market price of the Fund's shares. Based on the Fund's accounting records, as of the date of this press release, the Fund estimates that approximately 20.65% of the cumulative fiscal year-to-date distributions through November 2007 are sourced from short-term capital gains and 79.35% are sourced from long-term capital gains. If the Fund pays a distribution from sources other than net investment income, the estimated components of each distribution will be provided to shareholders of record in a notice accompanying the payment of the distribution. Please note that this press release should not be used 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 2008, after definitive information is available, the Fund will send shareholders a Form 1099-DIV specifying, if applicable, how the distributions paid by the Fund during the calendar year 2007 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 a non-diversified, closed-end management investment company. Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., serves as the Fund๏ฟฝs investment manager and is sub-advised by ClearBridge Advisors, LLC, and Western Asset Management Company and Western Asset Management Company Limited, affiliates of the adviser. For more information about the Fund, please call 1-888-777-0102 or consult the Fund's web site at www.leggmason.com.