Western Asset Inflation-Linked Opportunities & Income Fund and Western Asset Premier Bond Fund (each a “Fund” and together, the “Funds”) announced that, based on certified voting results from the Funds' Special Meeting of Shareholders (the “Special Meeting”), shareholders have voted to approve the new management agreement for each Fund's adviser and the new subadvisory agreements for each Fund's subadvisers. Approval of these new agreements was proposed in connection with the pending combination of Legg Mason Inc. (“Legg Mason”), the parent company of the Funds' adviser and subadvisers, and Franklin Resources, Inc. (the “Transaction”), which will result in the automatic termination of the Funds' current management and subadvisory agreements. The new management and subadvisory agreements will each become effective upon the consummation of the Transaction.

Each Fund is a diversified closed-end management investment company that is advised by Western Asset Management Company, LLC, an affiliate of Legg Mason, and is sub-advised by each of Western Asset Management Company Limited, Western Asset Management Company Ltd, and Western Asset Management Company Pte. Ltd., each of which is an affiliate of the adviser. An investment in the Funds involves risk, including loss of principal.

Investment return and the value of shares will fluctuate.