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Western Asset Emerging Markets Floating Rate Fund Inc. Announces Results of Annual Meeting of Stockholders

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NEW YORK--([ BUSINESS WIRE ])--Western Asset Emerging Markets Floating Rate Fund Inc. (NYSE: EFL) announced today the results of the votes cast at the Fund's annual meeting of shareholders held on December 30, 2008.

Shareholders voted to elect Dr. Riordan Roett and Jeswald W. Salacuse as Class I Directors of the Fund to hold office until the annual meeting of shareholders in the year 2011 or thereafter when their respective successors are duly elected and qualified.

Western Asset Emerging Markets Floating Rate 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's investment manager and Western Asset Management Company, an affiliate of the investment manager, serve as the Fund's sub-adviser.

Contact the Fund at 888-777-0102 for more information or consult the Fund's web site at [ www.leggmason.com/cef ].