Salomon Brothers Emerging Markets Debt Fund Inc. Declares Dividend of $0.15000 per Share for June, July and August 2004 NEW YORK, May 18 /PRNewswire-FirstCall/ -- Salomon Brothers Emerging Markets Debt Fund Inc., which is traded on the New York Stock Exchange under the symbol "ESD," announced today a dividend from ordinary income of $0.15000 per common share for the months of June, July and August 2004. The dividend distribution schedule appears below: Ex-Dividend Record Payable June 6/11/04 6/15/04 6/25/04 July 7/9/04 7/13/04 7/30/04 August 8/13/04 8/17/04 8/27/04 Salomon Brothers Emerging Markets Debt Fund Inc., a non-diversified closed-end investment management company, is managed by Salomon Brothers Asset Management Inc., an indirect wholly owned subsidiary of Citigroup Inc. For more information, call Investor Relations at 1-888-777-0102 or 1-800-SALOMON, or visit the Fund's web site at http://www.sbam.com/. DATASOURCE: Salomon Brothers Emerging Markets Debt Fund Inc. CONTACT: Brenda Grandell, Director, Closed-End Funds, Citigroup Asset Management, +1-212-291-3775 Web site: http://www.sbam.com/

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