Western Asset Municipal Defined Opportunity Trust Inc. (NYSE: MTT) Announces Completed Termination

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May 03, 2021

Western Asset Municipal Defined Opportunity Trust Inc. (the “Fund”) announced today that the Fund terminated as scheduled on April 30, 2021. The proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund’s liquidating distribution of $21.1993 per share is anticipated to be paid on or about May 5, 2021. Prior to the opening of business on May 3, 2021, the Fund ceased trading on the New York Stock Exchange.