8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 23, 2007

Western Asset Emerging Markets Income Fund Inc.

(Exact name of registrant as specified in its charter)

Maryland	811-07066	13-3679155
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

125 Broad Street, New York, New York	10004
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (212) 291-2556

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Western Asset Emerging Markets Income Fund Inc.

CURRENT REPORT ON FORM 8-K

Item 8.01 Other Events.

On May 23, 2007, Western Asset Emerging Markets Income Fund Inc. (the “Fund”) issued a press release announcing changes, to be effective as of June 1, 2007, in its non-fundamental investment policies relating to the Fund’s definition of “emerging market country.”

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number
99.1	Press Release of the Fund dated May 23, 2007.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Western Asset Emerging Markets Income Fund Inc. (Registrant)
Date: May 23, 2007	/s/ William Renahan (Signature)
	Name: William Renahan
	Title: Assistant Secretary

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EXHIBIT INDEX

Exhibit Number
99.1	Press Release of the Fund dated May 23, 2007.

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EX-99.1

Changes to Investment Policies Relating to the Funds’ Definition of “Emerging Market Country” Announced

NEW YORK – (BUSINESS WIRE) – May 23, 2007

Western Asset Emerging Markets Debt Fund Inc. (NYSE: ESD), Western Asset Emerging Markets Floating Rate Fund Inc. (NYSE: EFL), Western Asset Emerging Markets Income Fund Inc. (NYSE: EMD), Western Asset Emerging Markets Income Fund II Inc. (NYSE: EDF), Western Asset Global High Income Fund Inc. (NYSE: EHI), Western Asset High Income Fund II Inc. (NYSE: HIX) and Western Asset Variable Rate Strategic Fund Inc. (NYSE: GFY) today announced changes to their non-fundamental investment policies relating to the Funds’ definition of “emerging market country” effective June 1, 2007.

Under each Fund’s previous investment policies, each Fund defined an “emerging market country” as: “any country which is considered to be an emerging country by the International Bank for Reconstruction and Development (“World Bank”) at the time of the Fund’s investment. The countries that will not be considered emerging market countries include: Australia; Austria; Belgium; Canada; Denmark; Finland; France; Germany; Ireland; Italy; Japan; Luxembourg; Netherlands; New Zealand; Norway; Spain; Sweden; Switzerland; the United Kingdom; and the United States.”

On May 17, 2007, the Boards of the Funds approved a change in each Fund’s definition of “emerging market country” to include any country which is, at the time of investment, represented in the JP Morgan EMBI Global Index or categorized by the World Bank, in its annual categorization, as middle or low-income. Each Fund’s Board of Directors approved this revision to the definition of “emerging market country”, after considering the best interests of the Fund’s shareholders based on management’s advice that the revision would both allow Legg Mason Partners Fund Advisor, LLC, the Funds’ investment manager, and Western Asset Management Company, the Funds’ subadviser, greater flexibility and opportunity to achieve each Fund’s investment objectives and make consistent the range of countries available for investment by each of the Funds and the countries represented in their current benchmarks. Management believes that the definition, as revised, is consistent with that utilized by funds with comparable investment objectives.

Each of the Funds is a closed-end management investment company managed by Legg Mason Partners Fund Advisor, LLC, a wholly owned subsidiary of Legg Mason, Inc., and sub-advised by Western Asset Management Company, an affiliate of the investment manager.

For more information on the Funds, please contact our Investor Relations Group at 1-888-777-0102 or consult the Funds’ web site at www.leggmason.com/InvestorServices.

Symbols: NYSE: ESD; EFL; EMD; EDF; EHI; HIX and GFY

Contact:

Legg Mason & Co., LLC

Brenda Grandell

Director, Closed-End Funds

212-291-3775