NEW YORK, Nov 23, 2009 (BUSINESS WIRE) ----Western Asset Global High Income Fund Inc. (NYSE: EHI) announces its portfolio composition as of September 30, 2009.

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                     50.7%
   Emerging Market Debt           32.8%
   Investment Grade               18.1%
   US Dollar                      16.4%
   Local Currency                 1.7%
   Non-Investment Grade           14.7%
   US Dollar                      12.3%
   Local Currency                 2.4%
   Investment Grade               9.3%
   Mortgage-Backed Securities     3.8%
   Index-Linked                   2.0%
   Government                     1.4%
   Cash & Other Securities        0.2%
   Credit Quality Allocation
   (Higher of S&P/Moody's/Fitch)
   AAA                            7.1%
   AA                             1.3%
   A                              5.3%
   BBB                            21.0%
   BB                             33.5%
   B                              20.0%
   CCC                            9.5%
   CC                             0.6%
   C                              0.4%
   D                              1.4%
   Top Ten High Yield Industries
   Communications                 11.3%
   Consumer Cyclical              10.2%
   Consumer Non Cyclical          6.4%
   Energy                         4.6%
   Capital Goods                  3.9%
   Basic Industry                 3.4%
   Electric                       3.0%
   Natural Gas                    1.9%
   Utility Other                  1.8%
   Finance Companies              1.1%
   Top Five Emerging Market
   Countries
   Russia                         7.5%
   Brazil                         4.9%
   Mexico                         4.5%
   Venezuela                      2.3%
   Colombia                       2.0%
   Currency Allocation
   US Dollar                      96.7%
   Brazilian Reals                1.7%
   Indonesian Rupiahs             1.3%
   Euros                          0.4%
   Average Life (years)           7.74
   Effective Duration (years)     3.62
   Average Credit Quality (S&P)   BB
   Average Coupon (%)             8.18
   Portfolio Statistics:
   Inception Date        July 28, 2003
   Inception Price       $15.00
   Total Assets          $465,404,877
   Net Assets**          $365,404,877
   Loans***              21.49%
   Preferred Shares***   0.00%
   Reverse Repos***      0.00%
   Market Price          $10.86
   NAV                   $11.94
   (Daily NAV is available on market quotation systems using the
   symbol XEHIX.)
   Distribution Rate     $0.0850 per share
   Frequency             Monthly (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.

** The difference between total assets and net assets, if any, is due primarily to the Fund's use of borrowings and other assets and liabilities; 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.

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

FN0911661

SOURCE: Western Asset Global High Income Fund Inc.

   Western Asset Global High Income Fund Inc. 
   Fund Investor Services, 888-777-0102
   

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