MHY Western Asset Managed High Income Fund, Inc.

Please replace the release with the following corrected version due to multiple revisions.

The corrected release reads:

LEGG MASON PARTNERS FUND ADVISOR, LLC ANNOUNCES DISTRIBUTIONS FOR THE MONTHS OF MARCH, APRIL AND MAY 2016

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of March, April and May 2016.

The following dates apply to the distribution schedule below:

                Month     Record Date     Ex-Dividend Date     Payable Date   March     3/18/2016     3/16/2016     3/24/2016   April     4/22/2016     4/20/2016     4/29/2016*   May     5/20/2016     5/18/2016     5/27/2016   Ticker     Fund Name     Month     Amount           Type    

ChangefromPreviousDistribution

TLI

    LMP Corporate Loan Fund Inc.     Mar     $0.07250         Income     - Apr $0.07250 Income             May     $0.07250           Income      

HIX

Western Asset High Income Fund II Inc. Mar $0.06650 a Income $(0.0025) Apr* $0.06650 Income             May     $0.06650           Income       HIO Western Asset High Income Opportunity Fund Inc. Mar $0.03550 Income - Apr $0.03550 Income             May     $0.03550           Income       MHY Western Asset Managed High Income Fund Inc.

Mar

$0.03450

Income

-            

Apr

   

$0.03450

         

Income

     

HYI

Western Asset High Yield Defined Opportunity Fund Inc. Mar $0.11000 Income - Apr $0.11000 Income             May     $0.11000           Income       EHI Western Asset Global High Income Fund Inc. Mar $0.09625 Income - Apr $0.09625 Income             May     $0.09625           Income       GDF Western Asset Global Partners Income Fund Inc.

Mar

$0.07250 Income -

Apr

$0.07250

Income

           

May

   

$0.07250

         

Income

      GDO Western Asset Global Corporate Defined Opportunity Fund Inc. Mar $0.11350 Income - Apr $0.11350 Income             May     $0.11350           Income       GFY Western Asset Variable Rate Strategic Fund Inc. Mar $0.07750 Income - Apr $0.07750 Income             May     $0.07750           Income       IGI Western Asset Investment Grade Defined Opportunity Fund Inc. Mar $0.10000 Income - Apr $0.10000 Income             May     $0.10000           Income       DMO Western Asset Mortgage Defined Opportunity Fund Inc. Mar $0.23500 b Income $0.02500 Apr $0.23500 Income             May     $0.23500           Income       SBI Western Asset Intermediate Muni Fund Inc. Mar $0.04000 Income - Apr $0.04000 Income             May     $0.04000           Income       MMU Western Asset Managed Municipals Fund Inc. Mar $0.06500 Income - Apr $0.06500 Income             May     $0.06500           Income       MHF Western Asset Municipal High Income Fund Inc. Mar $0.02800 Income - Apr $0.02800 Income             May     $0.02800           Income       MNP Western Asset Municipal Partners Fund Inc. Mar $0.07250 Income - Apr $0.07250 Income             May     $0.07250           Income       MTT Western Asset Municipal Defined Opportunity Trust Inc. Mar $0.08400 Income - Apr $0.08400 Income             May     $0.08400           Income       *   The payable date for Western Asset High Income Fund II Inc. (HIX) is May 2, 2016 for shareholders of record date, April 22, 2016. a The Fund has decreased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio. b The Fund has increased its distributions to a level that better approximates the current level of net investment income generated by its investment portfolio.

This press release is not for tax reporting purposes but is being provided to announce the amount of each Fund’s distributions that have been declared by the Board of Directors. In early 2017, after definitive information is available, each Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by each 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).

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

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 Funds.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160218005274/en/

For Legg Mason Partners Fund Advisor, LLCMaria Rosati, 212-805-6036mrosati@leggmason.com