LMP Corporate Loan Fund Inc. (“TLI”) Announces Distribution for the Month of July 2010

NEW YORK--(BUSINESS WIRE)--LMP Corporate Loan Fund Inc., which is listed on the New York Stock Exchange under the symbol “TLI”, announced today a monthly distribution of $0.0480 per common share for July 2010. The distribution amount is unchanged from the prior month.

The distribution schedule appears below:

Month	Ex-Date	Record Date	Payable Date	Amount	Type
June	7/21/2010	7/23/2010	7/30/2010	$0.0480	Income

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund’s distribution that has been declared by the Board of Directors. In early 2011, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the respective calendar year should be characterized for purposes of reporting the distributions on a shareholder’s tax return (e.g., ordinary income, long-term capital gain or return of capital).

LMP Corporate Loan Fund Inc., a non-diversified investment management company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Citigroup Alternative Investments LLC, an indirect wholly-owned subsidiary of Citigroup Inc.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund’s web site at www.leggmason.com/cef.

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.