LEGG MASON PARTNERS INCOME TRUST

SHAREHOLDER SERVICES AND

DISTRIBUTION PLAN

February 6, 2007

WHEREAS, the Board of Trustees of Legg Mason Partners Income Trust (?Trust?) wishes to adopt this Shareholder Services and Distribution Plan (?Plan?) adopted pursuant to Rule 12b-1 (the ?Rule?) under the Investment Company Act of 1940, as amended (the ?1940 Act?) for each series of the Trust (each a ?Fund? and collectively, the ?Funds?) listed in Appendix A, as it may be amended from time to time, to be effective as of the date set forth above.

NOW, THEREFORE, this Plan is adopted in accordance with the Rule with respect to those classes of shares (each a ?Class?) of the Funds as listed in Appendix A, subject to the following terms and conditions:

Section 1. Annual Fee.

(a) Service and Distribution Fee for Class A shares. For each Fund with Class A shares, the Fund may pay to one or more principal underwriters, broker-dealers, financial intermediaries (which may include banks), and others that enter into a distribution, underwriting, selling or service agreement with respect to shares of a Fund or Class thereof (each of the foregoing a ?Servicing Party?) a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class A shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class A Service Fee?).

(b) Service and Distribution Fee for Class B shares. For each Fund with Class B shares, the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class B shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class B Service Fee?).

(c) Service and Distribution Fee for Class C shares. For each Fund with Class C shares the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class C shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class C Service Fee?).

(d) Service and Distribution Fee for Class R shares. For each Fund with Class R shares the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class R shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class R Service Fee?).

(e) Service and Distribution Fee for Class O shares. For each Fund with Class O shares the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class O shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class O Service Fee?).

(f) Service and Distribution Fee for Class I shares. For each Fund with Class I shares the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class I shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class I Service Fee?).

(g) Service and Distribution Fee for Class 1 shares. For each Fund with Class 1 shares the Fund may pay to one or more Servicing Parties a service and distribution fee, provided that the aggregate amount of all such payments with respect to Class 1 shares does not exceed an amount calculated at the annual rate set forth in Appendix A (the ?Class 1 Service Fee,? and collectively with the Class A Service Fee, the Class B Service Fee, the Class C Service Fee, the Class R Service Fee, the Class O Service Fee and the Class I Service Fee, the ?Service Fees?).

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