Western Asset Global High Income Fund Inc. Portfolio Composition as of December 31, 2012

Western Asset Global High Income Fund Inc.Portfolio Compositionas of December 31, 2012

NEW YORK--(BUSINESS WIRE)-- Western Asset Global High Income Fund Inc. (NYS: EHI) announces its portfolio composition as of December 31, 2012.

Investment Objective: The Fund's primary investment objective is high current income. The Fund's secondary objective is total return.

Portfolio Composition*:

Asset Allocation

High Yield Corporate Bonds49.9%
Emerging Market Debt34.0%
Sovereign Debt External Currency19.1%
Sovereign Debt Local Currency3.4%
Corporates External Currency11.6%
Investment Grade Corporate Bonds12.3%
Bank Loans1.5%
Asset-Backed Securities0.3%
Cash & Other Securities2.1%

Credit Quality Allocation**

Not Rated3.2%

Top Ten High Yield Industries

Consumer Non Cyclical7.0%
Consumer Cyclical5.8%
Capital Goods5.7%
Basic Industry5.1%
Finance Companies1.2%

Top Five Emerging Market Countries


Currency Allocation

US Dollars95.7%
Mexican Pesos2.0%
Brazilian Reals1.6%
British Pounds0.4%
Peruvian Nuevo Soles0.3%
Indonesian Rupiahs0.2%
Polish Zlotychs-0.1%
Average Life (years)7.4
Effective Duration (years)4.9
Average Coupon (%)7.6
Portfolio Statistics:
Inception DateJuly 28, 2003
Inception Price$15.00
Total Assets$544,998,813
Net Assets***$431,521,817
Preferred Shares****0.00%
Reverse Repos****1.00%
Market Price$13.78
(Daily NAV is available on market quotation systems using the symbol XEHIX.)
Distribution Rate$0.09625 per share
FrequencyMonthly (Declared quarterly, paid monthly)

* Portfolio holdings and weightings are historical and are presented here for informational purposes only. They are subject to change at any time. Negative allocations and allocations in excess of 100%, if any, are primarily due to the Fund's unsettled trade activity.

** Credit quality is a measure of a bond issuer's ability to repay interest and principal in a timely manner. The credit ratings shown are based on each portfolio security's rating as provided by Standard and Poor's, Moody's Investors Service and/or Fitch Ratings, Ltd. and typically range from AAA (highest) to D (lowest). For this purpose, if two or more of the agencies have assigned differing ratings to a security, the lowest rating is used. Securities that are unrated by all three agencies are reflected as such. The credit quality of the investments in the Fund's portfolio does not apply to the stability or safety of the Fund. These ratings are updated monthly and may change over time. Please note, the Fund itself has not been rated by an independent rating agency.

*** The difference between total assets and net assets, if any, is due primarily to the Fund's use of borrowings; net assets do not include borrowings. The Fund may employ leverage in the form of loans, preferred stock, reverse repurchase agreements and/or other instruments. When the Fund engages in transactions that have a leveraging effect on the Fund's portfolio, the value of the Fund will be more volatile and all other risks will tend to be compounded.

**** Percentages based on total assets.

Western Asset Global High Income Fund Inc., a non-diversified closed-end investment management company traded on the New York Stock Exchange under the symbol "EHI," is advised 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 advisor.

An investment in the Fund involves risk, including loss of principal. Investment return and the value of shares will fluctuate. The credit quality ratings shown may change over time.

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.

For more information, please call
Fund Investor Services at 888-777-0102
consult the Fund's web site at www.leggmason.com/cef.

KEYWORDS:   United States  North America  New York


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