Western Asset Managed Municipals Fund Inc. (“MMU”) Announces Distributions for the Months of December 2012, January and

  Western Asset Managed Municipals Fund Inc. (“MMU”) Announces Distributions
  for the Months of December 2012, January and February 2013

Business Wire

NEW YORK -- November 13, 2012

Western Asset Managed Municipals Fund Inc. (NYSE: MMU) announced today monthly
distributions of $0.0650 per common share for the months of December 2012,
January and February 2013.

The distribution schedule appears below:

Month       Ex-Date       Record        Payable       Amount     Type    
                                Date             Date
December       12/12/2012       12/14/2012       12/21/2012       $0.0650       Income
January        01/16/2013       01/18/2013       01/25/2013       $0.0650       Income
February       02/13/2013       02/15/2013       02/22/2013       $0.0650       Income

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 2013 and early 2014, 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 Managed Municipals 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.

Contact:

Western Asset Managed Municipals Fund Inc.
Maria Rosati, 212-805-6036
mrosati@leggmason.com
 
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