Western Asset Inflation Management Fund Inc. ("IMF") Announces Distribution for the Month of April 2014

NEW YORK--(BUSINESS WIRE)--

Western Asset Inflation Management Fund Inc. IMF today announced a monthly distribution of $0.0500 per common share for April 2014. The distribution amount is unchanged from the prior month.

The distribution schedule appears below:

Month

Ex-Date

Record Date

Payable Date

Amount

April

4/15/14

4/17/2014

4/25/2014

$0.0500

It is currently anticipated that 100% of the April 2014 distribution is sourced from income. The final determination of such amount will be made in early 2015 when the Fund can determine its earnings and profits. The final tax status of the distribution may differ substantially from this preliminary information.

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund's distributions that have been declared by the Board of Directors. In early 2015, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital).

Western Asset Inflation Management Fund Inc., a non-diversified, closed-end management investment company, is managed 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 investment manager.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund's web site at www.lmcef.com.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.