LMP Corporate Loan Fund Inc. (NYSE: TLI) today announced a monthly distribution of $0.0620 per common share for January 2012. The distribution amount is unchanged from the prior month.

The distribution schedule appears below:

Month

  

Ex-Date

  

Record Date

  

Payable Date

  

Amount

  

Type

January   1/18/2012   1/20/2012   1/27/2012   $0.0620   Income

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund's distribution that has been declared by the Board of Directors. In early 2013, 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 respective 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).

LMP Corporate Loan 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 Citigroup Alternative Investments LLC, an indirect wholly-owned subsidiary of Citigroup Inc.

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

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.

LMP Corporate Loan Fund Inc.
1-888-777-0102