LMP Capital and Income Fund Announces About 16.8M Shares Tendered At $14.15/Share

LMP Capital and Income Fund Inc. SCD today announced that the Fund's tender offer for up to 8,989,232 shares of its issued and outstanding shares of common stock, representing approximately 30% of the Fund's outstanding shares, expired on June 30, 2011, at 5:00 p.m., New York City time. Based upon current information, approximately 16,754,981 shares were duly tendered, including shares tendered pursuant to notices of guaranteed delivery. This number is subject to adjustment and should not be considered as final. Payment for such shares will be made on or about July 8, 2011. The purchase price of properly tendered shares is $14.15 per share, equal to 98% of the per share net asset value of $14.43 as of the close of the regular trading session of the New York Stock Exchange on June 30, 2011.
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