MPT Western Asset Munici

Salomon Brothers Municipal Partners Fund II Inc. (NYSE: MPT) announces its portfolio composition as of June 30, 2006. Investment Objective: The Fund seeks a high level of current income exempt from regular Federal income tax, consistent with the preservation of capital. -0- *T Portfolio Composition* Industry Allocations: --------------------- Municipals 99.00% Utility 23.08% Health Care 15.09% Transportation 13.81% Pre refunded / Escrow to Maturity 12.70% Local 9.77% Lease Backed 5.87% Education 4.03% Special Tax Obligation 3.86% Revenue Other 3.81% Industrial Development Pollution Control 3.11% State 2.79% Housing 1.06% Cash & Other Securities 1.00% Credit Quality (Higher of S&P or Moody's): ------------------------------------------ AAA 67.24% AA 12.37% A 15.88% BBB 3.51% Cash 1.00% Average Life (years) 9.22 Effective Duration (years) 6.37 *T *Portfolio holdings and weightings are historical and for informational purposes only. They are subject to change at any time. -0- *T Portfolio Statistics -------------------- Inception Date July 29, 1993 Leverage (Preferred Stock) $45 million Leverage Percentage 35.01% Total Net Assets $129.539 million Dividend Rate $0.0450 per share Frequency Monthly Market Price $12.07 NAV $13.91 *T Salomon Brothers Municipal Partners Fund II Inc., a diversified closed-end 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. For more information, please call 1-888-777-0102 or consult the Fund's web site at www.leggmason.com/InvestorServices. Note: "Smith Barney," "Salomon Brothers" and "Citi" are service marks of Citigroup, licensed for use by Legg Mason as the names of funds and investment advisers. Legg Mason and its affiliates, as well as the fund's investment manager, are not affiliated with Citigroup.