Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “FOR” Western Asset High Income Opportunity Fund’s Director Nominees

NEW YORK--(BUSINESS WIRE)--Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) (“the Fund”) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), two of the leading independent proxy advisory firms, recommend that stockholders vote “FOR” the Fund’s highly-qualified director nominees – Robert D. Agdern, Carol L. Colman, CFA and Daniel P. Cronin – and “AGAINST” the Self-Tender Offer/Liquidation Proposal from Saba Capital Management, L.P. (“Saba Capital”) by voting on the Proxy Card in connection with the Annual Meeting of Stockholders scheduled for 9:30 a.m. Eastern Time on March 20, 2020.