WEA Western Asset Premier Bond Fund

Western Asset Premier Bond Fund, which is listed on the New York Stock Exchange under the symbol “WEA”, announced today monthly distributions of $0.0900 per common share for June, July, August and September 2014.

The distribution schedule appears below:

Month

     

Ex-Date

     

Record Date

     

Payable Date

     

Amount

     

Type

June 6/18/2014 6/20/2014 6/27/2014 $0.0900 Income July 7/16/2014 7/18/2014 7/25/2014 $0.0900 Income August 8/20/2014 8/22/2014 8/29/2014 $0.0900 Income September 9/17/2014 9/19/2014 9/26/2014 $0.0900 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 Trustees. In early 2015, 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).

The Fund is a closed-end investment company that invests predominantly in a diversified portfolio of debt securities. Its investment adviser is Western Asset Management Company; a subsidiary of Legg Mason, Inc. Western Asset Management Company has managed the Fund since its inception in 2002.

All data and commentary provided within this press release is for informational purposes only. Legg Mason, Inc. and its affiliates do not engage in selling any of the shares of the Fund.

For Fund-related questions:Western Asset Premier Bond FundFund Investor Services888-777-0102orFor shareholder-related questions:American Stock Transfer and Trust Company888-888-0151