Salomon Brothers Emerging Markets Floating Rate Fund Inc. ("EFL") Announces a Dividend from Ordinary Income of $0.073 Per Share for The Months of March, April and May 2004. NEW YORK, Feb. 9 /PRNewswire-FirstCall/ -- Salomon Brothers Emerging Markets Floating Rate Fund Inc., which is listed on the New York Stock Exchange under the symbol "EFL," has declared a dividend from ordinary income of $0.07300 per share. The dividend distribution schedule for the months of March, April and May 2004 appears below: Ex-Dividend Record Payable March 03/12/04 03/16/04 03/26/04 April 04/16/04 04/20/04 04/30/04 May 05/14/04 05/18/04 05/28/04 Salomon Brothers Emerging Markets Floating Rate Fund Inc., a diversified investment management company, is managed by Salomon Brothers Asset Management Inc, an indirect wholly owned subsidiary of Citigroup Inc. For more information, call 1-888-777-0102 or 1-800-SALOMON. DATASOURCE: Salomon Brothers Emerging Markets Floating Rate Fund Inc. CONTACT: Brenda Grandell Director, Closed-End Funds, +1-212-291-3775, for Salomon Brothers Emerging Markets Floating Rate Fund Inc.

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