Salomon Brothers Inflation Management Fund Inc. Announces a Dividend from Ordinary Income of $0.08750 per Share for December 2004, January and February 2005 NEW YORK, Oct. 26 /PRNewswire-FirstCall/ -- Salomon Brothers Inflation Management Fund Inc., which is traded on the New York Stock Exchange under the symbol "IMF," announced today a dividend from ordinary income of $0.08750 per common share for the months of December 2004 and January and February 2005. The dividend distribution schedule appears below: Ex-Dividend Record Payable December 2004 12/3/04 12/7/04 12/17/04 January 1/14/05 1/19/05 1/28/05 February 2/11/05 2/15/05 2/25/05 Salomon Brothers Inflation Management 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 1-888-777-0102 or 1-800-SALOMON, or consult the Fund's web site at http://www.sbam.com/. DATASOURCE: Salomon Brothers Inflation Management Fund Inc. CONTACT: Brenda Grandell, Director, Closed-End Funds +1-212-291-3775, Edward Giltenan, Head of Public Relations, +1-212-559-6746, both of Citigroup Asset Management Web site: http://www.sbam.com/

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