Western Asset Global Partners Income Fund Inc. (NYSE:GDF) Announces Approval of Merger

Western Asset Global Partners Income Fund Inc. (NYSE:GDF) today announced the results of the votes cast at GDF’s re-convened Special Shareholder Meeting held on Friday, August 12, 2016.

GDF Shareholders voted to approve the merger of GDF with and into Western Asset Global High Income Fund Inc. (NYSE:EHI).

EHI Shareholders previously voted to approve the merger of GDF with and into EHI at EHI’s Special Shareholder Meeting held on Friday, July 22, 2016. The merger is expected to be effective prior to the opening of business on Monday, August 29, 2016.

Upon completion of the merger, each share of common stock of GDF will convert into an equivalent dollar amount (to the nearest $0.001) of full shares of common stock of EHI, based on the net asset value of each Fund on the business day preceding the merger. EHI will not issue fractional shares to GDF stockholders. In lieu of issuing fractional shares, EHI will pay cash to each former holder of GDF common stock in an amount equal to the net asset value of the fractional shares of EHI common stock that the investor would otherwise have received in the merger.

Each Fund is a non-diversified closed-end management investment company managed by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and sub-advised by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd., affiliates of the investment adviser. Western Asset Global Partners Income Fund Inc. is also sub-advised by Western Asset Management Company Ltd, an affiliate of the sub-adviser.

For more information, please call 1-888-777-0102, or consult the Funds’ website at www.lmcef.com. Hard copies of each Fund’s complete audited financial statements are available free of charge upon request.

THIS PRESS RELEASE IS NOT AN OFFER TO PURCHASE NOR A SOLICITATION OF AN OFFER TO SELL SHARES OF THE FUND. THIS PRESS RELEASE MAY CONTAIN STATEMENTS REGARDING PLANS AND EXPECTATIONS FOR THE FUTURE THAT CONSTITUTE FORWARD-LOOKING STATEMENTS WITHIN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT ARE FORWARD-LOOKING AND CAN BE IDENTIFIED BY THE USE OF WORDS SUCH AS “MAY,” “WILL,” “EXPECT,” “ANTICIPATE,” “ESTIMATE,” “BELIEVE,” “CONTINUE” OR OTHER SIMILAR WORDS. SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON THE CURRENT PLANS AND EXPECTATIONS OF THE FUND, AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS. ADDITIONAL INFORMATION CONCERNING SUCH RISKS AND UNCERTAINTIES ARE OR WILL BE CONTAINED IN THE FUND’S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160815005238/en/

Media:Legg Mason, Inc.Maria Rosati (212)-805-6036mrosati@leggmason.com

Western Asset Global Partners Income Fund, Inc. (NYSE:GDF)
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