SCD LMP Capital and Income Fund Inc

LMP Capital and Income Fund Inc. (NYSE: SCD) announces its portfolio composition as of September 30, 2008. Investment Objective: The Fund๏ฟฝs Investment objective is total return with an emphasis on income. Portfolio Composition*: ๏ฟฝ Asset Allocation Equities ๏ฟฝ 59.0% High Yield 16.9% Investment Grade 7.7% Mortgage Backed 6.3% Government 1.3% Asset Backed 0.3% Emerging Market Debt 0.2% Cash & Other Securities 8.3% ๏ฟฝ Equity Sector Allocation** Consumer Discretionary 12.4% Consumer Staples 7.7% Energy 17.8% Financials 11.8% Health Care 13.8% Industrials 18.5% Information Technology 5.2% Materials 5.3% Telecommunication Services 2.1% Utilities 5.4% ๏ฟฝ Top Ten Equity Holdings General Electric Co. 2.8% Covanta Holdings Corp. 2.2% Crosstex Energy Inc. 2.1% JPMorgan Chase and Co. 2.1% Assa Abloy 1.9% Kimberly Clark Corp. 1.8% Time Warner Inc. 1.6% Charles Schwab Corp. 1.6% Total SA 1.6% Kraft Foods Inc. 1.6% ๏ฟฝ Fixed Income Credit Quality Allocation (Higher of S&P/Moody/Fitch)*** Aaa/AAA 22.3% Aa/AA 4.8% A/A 8.7% Baa/BBB 11.7% Ba/BB 17.2% B/B 28.6% Caa/CCC 5.9% NR 0.8% ๏ฟฝ Top Five Fixed Income High Yield Industries*** Communications 9.2% Consumer Cyclical 8.8% Electric 6.8% Consumer Non Cyclical 6.7% Capital Goods 6.1% ๏ฟฝ Fixed Income - Statistics **** Average Life (years) 8.4 Effective Duration (years) 3.2 Average Credit Rating (S&P) BBB- ๏ฟฝ Portfolio Statistics: ๏ฟฝ Inception Date 3/25/1994 Inception Price $20.00 Total Net Assets $428,115,073 Market Price $11.56 NAV $14.29 (Daily NAV is available on market quotation systems using the symbol XSCDX.) ๏ฟฝ Distribution Rate***** $0.14 per share Frequency Monthly (Declared quarterly, paid monthly) Leverage****** 28.42% * Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. ** Percentage based on equity portion of the total portfolio. *** Percentage based on the fixed income portion of the total portfolio. **** Average Life, Effective Duration and Average Credit Quality are based solely on the fixed income portion of the total portfolio. ***** Pursuant to its managed distribution policy, the Fund intends to make regular monthly distributions to shareholders of its common stock 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, the total of 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 will 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 any return of capital taxable to shareholders. Any such termination could have an adverse effect on the market price for the Fund's shares. ****** The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. If the Fund establishes a segregated account in which it maintains cash and/or liquid securities equal in value to its obligation in respect of the reverse repurchase agreements (or other instruments), these investments are not considered to be a borrowing or 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. 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 ClearBridge Advisors, LLC, Western Asset Management Company, and Western Asset Management Company Limited, affiliates of the adviser. Past performance is no guarantee of future results. An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. For more information, please call Fund Investor Relations at 888-777-0102, or consult the Fund๏ฟฝs web site at www.leggmason.com/cef.