LMP Real Estate Income Fund Inc. as of March 31, 2010

http://www.businesswire.com/news/home/20100422006951/en

NEW YORK--(Business Wire)--
LMP Real Estate Income Fund Inc. (NYSE: RIT) announces its portfolio composition
as of March 31, 2010.

Investment Objective: The Fund seeks high current income as a primary objective
and capital appreciation as a secondary objective.

Portfolio Composition:*
Common Stocks 59.4%
Preferred Stocks 39.8%
Cash 0.8%

Total Number of Common Stocks: 26
Total Number of Preferred Stocks: 27

Total Number of Securities: 53
Total Number of Issuers: 42

Industry Allocations (%)
Common Preferred Total
Office & Industrial 19.8 8.5 28.3
Retail 11.2 11.4 22.6
Healthcare 10.1 2.6 12.7
Net Lease 8.8 2.5 11.3
Residential 6.9 3.2 10.1
Other 1.3 7.1 8.4
Hotel 1.1 4.7 5.8
Cash 0.8

Top 10 Holdings (%)
Urstadt Biddle Properties Series C PFD 4.29
Macerich Company (the) 4.25
First Potomac Realty Trust 4.07
Mack Cali Realty Corp 3.72
Camden Property Trust 3.67
Kimco Realty Series G PFD 3.58
Entertainment Pptys Trust 3.49
HCP Inc. 3.47
National Retail Properties 3.41
Public Storage Series L PFD 3.28

Portfolio Statistics:
Inception Date July 31, 2002
Inception Price $15.00
Total Assets $147,487,911
Net Assets** $111,487,911
Loans*** 24.41%
Preferred Shares*** 0.00%
Reverse Repos*** 0.00%

Market Price: $9.03
NAV $9.75
(Daily NAV is available on market quotation systems using the symbol XRITX.)

Distribution Rate**** $ 0.0600 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 are based on total assets.
**** Pursuant to its managed distribution policy, the Fund intends to make regular monthly distributions to shareholders of its common stock at a fixed rate per common share,
which may be adjusted from time to time by the Fund's Board of Directors. Under the Fund's managed distribution policy, if, for any monthly distribution, the total of net
investment income and net realized capital gain is less than the amount of the distribution, the difference will be distributed from the Fund's assets (and will
constitute a "return of capital"). The Board of Directors may terminate the managed distribution policy at any time, including when certain events would make part of any
return of capital taxable to shareholders. Any such termination could have an adverse effect on the market price for the Fund's shares.

LMP Real Estate Income Fund Inc. is a non-diversified, closed-end management
investment company. Legg Mason Partners Fund Advisor, LLC, a wholly-owned
subsidiary of Legg Mason, Inc., serves as the Fund's investment manager and AEW
Capital Management, L.P., serves as the Fund's sub-adviser.

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 Investor Relations: 888-777-0102, or consult
the Fund`s web site at www.leggmason.com/investorservices.

FN0911862

LMP Real Estate Income Fund Inc.
Investor Relations: 888-777-0102
www.leggmason.com/investorservices

Copyright Business Wire 2010