Salomon Brothers Emerging Markets Floating Rate Fund Inc. ("EFL") Announces a Dividend From Ordinary Income of $0.07300 Per Share for the Months of December 2004, January and February 2005. NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Salomon Brothers Emerging Markets Floating Rate Fund Inc., which is listed on the New York Stock Exchange under the symbol "EFL," has announced a dividend from ordinary income of $0.07300 per common share. The dividend distribution schedule for the months of December 2004, January and February 2005 appear below: Ex-Dividend Record Payable December 2004 12/3/04 12/7/04 12/17/04 January 1/14/05 1/19/05 1/28/05 February 2/11/05 2/15/05 2/25/05 Salomon Brothers Emerging Markets Floating Rate Fund Inc., a non-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. Investment advisory services provided by Salomon Brothers Asset Management, Smith Barney Asset Management, a division of Salomon Smith Barney Inc., Citibank Global Asset Management and other affiliated advisory entities. DATASOURCE: Salomon Brothers Emerging Markets Floating Rate Fund Inc. CONTACT: Brenda Grandell, Director, Closed-End Funds, Salomon Brothers Emerging Markets Floating Rate Fund Inc., +1-212-291-3775

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