Western Asset Intermediate Muni Fund Inc. Announces Financial Position as of September 30, 2009

November 5, 2009 5:00 PM EST

NEW YORK--(BUSINESS WIRE)-- Western Asset Intermediate Muni Fund Inc., which is listed on the NYSE Amex under the symbol "SBI", today announced the financial position of the Fund as of September 30, 2009.

                           Current Q           Previous Q     Prior Yr Q

                           September 30, 2009  June 30, 2009  September 30, 2008

Total Assets (a)           $188,646,120        $178,985,036   $175,936,929

Total Net Assets (a)       $136,618,570        $127,605,351   $125,743,064

NAV Per Share of Common    $9.74               $9.09          $8.96
Stock (b)

Market Price Per Share     $9.17               $8.30          $7.65

Premium / (Discount)       (5.85)%             (8.69)%        (14.62)%

Outstanding Shares         14,032,784          14,032,784     14,032,784

Total Net Investment       $1,983,941          $1,934,138     $1,966,495
Income (c)(d)

Total Net Investment       $0.14               $0.14          $0.14
Income Per Share (c)(d)**

Distributions paid to
Preferred Shareholders     $(62,031)           $(80,009)      $(453,542)
from Net Investment
Income (c)

Distributions paid to
Preferred Shareholders     $(0.00)*            $(0.01)        $(0.03)
from Net Investment
Income Per Share (c)**

Total Net
Realized/Unrealized Gain/  $8,564,754          $4,033,781     $(7,433,752)
(Loss) (c)

Total Net
Realized/Unrealized Gain/  $0.61               $0.29          $(0.53)
(Loss) Per Share (c)**

Undistributed Net          $1,476,766          $1,028,298     $231,895
Investment Income (e)

Undistributed Net
Investment Income Per      $0.11               $0.07          $0.02
Share (e)**

Footnotes:

     The difference between total assets and total net assets is due primarily
(a)  to the issuance of preferred stock; total net assets do not include the
     redemption value of preferred stock.

(b)  NAVs are calculated as of the close of business on the last business day in
     the periods indicated above.

(c)  For the quarter indicated.

(d)  Excludes distributions paid to preferred stockholders from net investment
     income.

(e)  As of the period indicated above.

**   Per Share Information based on shares of Common Stock outstanding.

*    Amount represents less than $0.01 per share.

This financial data is unaudited.

The Fund files its semi-annual and annual reports with the Securities and Exchange Commission as well as its complete schedule of portfolio holdings for the first and third quarters of each fiscal year on Form N-Q. These reports are available on the Commission's website at www.sec.gov. To obtain information on Form N-Q or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Western Asset Intermediate Muni Fund Inc., a diversified, closed-end management investment management company, is advised by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Legg Mason, Inc. and is sub-advised by Western Asset Management Company, an affiliate of the adviser.

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

All data and commentary provided within this press release is for informational purposes only. Legg Mason, Inc. and all of its affiliates do not engage in selling any of the shares of the Fund. The Fund's common shares are traded on the NYSE Amex.

    Source: Western Asset Intermediate Muni Fund Inc.

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