Securities and Exchange Commission November 28, 2008 – Federal Register Recent Federal Regulation Documents

Each applicant seeks an order declaring that it has ceased to be an investment company. On April 16, 2007, applicants transferred their assets to corresponding series of Legg Mason Partners Money Market Trust, based on net asset value. Expenses of $5,595,239 and $774,031, respectively, incurred in connection with the reorganizations were paid by applicants and Legg Mason, Inc., the parent company of applicants' investment adviser. Filing Date: The applications were filed on October 30, 2008. Applicants' Address: 55 Water St., New York, NY 10041.