LMP Capital and Income Fund Inc. as of September 30, 2010

Portfolio Composition¹:

Asset Allocation
Equities		82.6%
Investment Grade Corporate Bonds		9.9%
Mortgage-Backed Securities		4.5%
High Yield Corporate Bonds		1.5%
Cash & Other Securities		1.5%

Equity Sector Allocation²
Financials		13.3%
Utilities		11.1%
Consumer Staples		10.3%
Energy		8.9%
Industrials		8.2%
Telecommunication Services		6.7%
Consumer Discretionary		6.3%
Health Care		5.7%
Information Technology		4.6%
Materials		3.0%
Other		0.1%

Top Ten Equity Holdings²
H.J. Heinz Co.		2.9%
Verizon Communications Inc.		2.8%
Procter & Gamble Co.		2.8%
Spectra Energy Corp.		2.7%
Kimberly-Clark Corp.		2.7%
Johnson & Johnson		2.7%
Nexterra Energy Inc		2.6%
Annaly Capital Management Inc.		2.6%
Total SA		2.6%
Waste Management Inc.		2.4%

Fixed Income Credit Quality Allocation^{3, 4}
AAA		67.7%
AA		5.1%
A		11.4%
BBB		10.3%
B		6.5%
CCC		13.3%
CC		1.6%
NR		-15.9%

Top Five Fixed Income Investment Grade Industries⁴
Banking		7.6%
Communications		3.7%
Insurance		2.6%
Energy		2.6%
Finance Companies		1.4%

Fixed Income a" Statistics⁴
Average Life (years)		9.77
Effective Duration (years)		6.51
Average Coupon (%)		4.86

Portfolio Statistics:

Inception Date		February 24, 2004
Inception Price		$20.00
Total Assets⁵		$496,514,141
Net Assets		$396,514,141
Loans²		20.14%
Preferred Shares²		0.00%
Reverse Repos²		0.00%

Market Price		$11.42
NAV		$12.93
(Daily NAV is available on market quotation systems using the symbol XSCDX.)

Distribution Rate⁶		$0.1300 per share
Frequency		Quarterly


¹		Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. Negative allocations and allocations in excess of 100% are primarily due to the Fund's unsettled trade activity.

²		Percentage based on the total portfolio.

³		Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by Standard and Poor's, Moody's Investors Service and/or Fitch Ratings, Ltd. For this purpose, if two or more of the agencies have assigned differing ratings to a security, the highest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. These ratings are updated monthly and may change over time. Please note, the Fund itself has not been rated by an independent rating agency.

⁴		Percentage based on the portion of the portfolio managed by Western Asset.

⁵		The difference between total assets and net assets, if any, is due primarily to the Funda�s use of borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Funda�s portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded.

⁶		Pursuant to its managed distribution policy, the Fund intends to make regular quarterly 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 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. On October 21, 2010, the Fund announced a new, higher quarterly distribution rate of $0.1500 per common share payable December 30, 2010.

LMP Capital and Income Fund Inc., a non-diversified closed-end investment management company traded on the New York Stock Exchange under the symbol aSCD,a 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 and Western Asset Management Company, affiliates of the advisor.

An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. Fixed income securities are subject to credit risk, inflation risk, call risk, and interest rate risks. As interest rates rise, bond prices fall, reducing the value of the Fund's share price.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.

For more information, please call Fund Investor Relations at 888-777-0102, or consult the Funda�s web site at [ www.leggmason.com/cef ].

FN1011962

Contributing Sources

Market Wire

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LMP Capital and Income Fund Inc. as of September 30, 2010