CORRECTING and REPLACING Legg Mason Partners Fund Advisor, LLC Announces Distributions for February 2016

Reissuing release to add ticker symbol for searching purposes, for original release dated January 25, 2016.

The corrected release reads:

LEGG MASON PARTNERS FUND ADVISOR, LLC ANNOUNCES DISTRIBUTIONS FOR FEBRUARY 2016

Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the month February 2016.

The following dates apply to the distribution schedule below:

The energy markets have experienced significant turmoil over the last 18 months, and while we believe MLP fundamentals for many midstream MLPs have held up relatively well, MLP securities have declined significantly.

During this turbulent period for MLP securities, each fund’s distributable cash flow has declined as a result of the following three factors: (1) portfolio deleveraging in the funds (2) mergers of companies in the portfolio where the acquiring company has a lower yield and (3) distribution cuts from a few select portfolio holdings.

Given the continued uncertainty regarding the path and timing of an eventual recovery in the MLP market, we believe a reduction in distributions is the appropriate course of action. As a result of current market dynamics, we expect MLP distribution growth to be substantially slower than it has been historically. Indeed, in our view, many MLPs will keep distributions flat to improve coverage ratios and bolster balance sheets.

The ClearBridge American Energy MLP Fund Inc. (CBA) 1Q2016 distribution has not yet been declared. It will be announced as soon as is practicable.

The distributions may be treated as dividend income, return of capital or a combination thereof for tax purposes. This press release is not for tax reporting purposes. In 2017, after definitive information is available, the Funds will send stockholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Funds during the prior calendar year should be characterized for purposes of reporting the distributions on a stockholder’s tax return (e.g., dividend income or return of capital).

For more information about the Funds, please call 1-888-777-0102 or consult the Funds’ website at www.lmcef.com. Hard copies of the Funds’ complete audited financial statements 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.

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