The Western Asset Premier Bond Fund (NYSE: WEA CUSIP: 957664105) announced today the declaration of a distribution of $0.09375 per share, payable on May 31, 2007, to shareholders of record on May 15, 2007. Ex-date will be May 11, 2007. Western Asset Premier Bond Fund is a diversified, closed-end management investment company. The Fund�s investment objective is to provide current income and capital appreciation by investing primarily in a diversified portfolio of investment grade bonds. Its investment advisor is Western Asset Management Company, a subsidiary of Legg Mason, Inc. For shareholder related questions, please contact Computershare at 866.290.4386.
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