LMP Corporate Loan Fund Inc. (NYSE: TLI) today announced a monthly distribution of $0.0640 per common share for February 2012. The Fund had previously paid a monthly distribution of $0.0620.

The distribution schedule appears below:

Month     Ex-Date     Record Date     Payable Date       Amount       Type
February     2/15/2012     2/17/2012     2/24/2012       $ 0.0640       Income

In declaring the new rate, the Fund has increased its distributions to a level that better reflects the current level of net investment income available from its investment portfolio.

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 2013, 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, closed-end management investment 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.

Legg Mason, Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com