SCHEDULE 14A INFORMATION (RULE 14A-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) [X] Filed by the Registrant [ ] Filed by a Party other than the Registrant Check the appropriate box: [ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) [X] Definitive Proxy Statement [ ] Definitive Additional Materials [ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (check the appropriate box): [X] No fee required. [ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: ----------------------------------------------------------------------- (2) Aggregate number of securities to which transaction applies: ----------------------------------------------------------------------- (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it is determined): ----------------------------------------------------------------------- (4) Proposed maximum aggregate value of transaction: ----------------------------------------------------------------------- (5) Total fee paid: ----------------------------------------------------------------------- [ ] Fee paid previously with preliminary materials. [ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: ----------------------------------------------------------------------- (2) Form, Schedule or Registration Statement No.: ----------------------------------------------------------------------- (3) Filing Party: ----------------------------------------------------------------------- (4) Date Filed: ----------------------------------------------------------------------- SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. 125 BROAD STREET, NEW YORK, NEW YORK 10004 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS September 10, 2003 To the Stockholders: The Annual Meeting of Stockholders (the "Meeting") of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") will be held at Citigroup Center, 153 East 53rd Street, 14th Floor, New York, New York, on Thursday, October 9, 2003, at 3:30 p.m., New York time, for the purposes of considering and voting upon the following: 1. The election of Directors (Proposal 1); and 2. Any other business that may properly come before the Meeting. The close of business on August 25, 2003 has been fixed as the record date for the determination of stockholders entitled to notice of and to vote at the Meeting. By Order of the Board of Directors, Christina T. Sydor Secretary -------------------------------------------------------------------------------- TO AVOID UNNECESSARY EXPENSE OF FURTHER SOLICITATION, WE URGE YOU TO INDICATE VOTING INSTRUCTIONS ON THE ENCLOSED PROXY, DATE AND SIGN IT AND RETURN IT PROMPTLY IN THE ENVELOPE PROVIDED, NO MATTER HOW LARGE OR HOW SMALL YOUR HOLDINGS MAY BE. -------------------------------------------------------------------------------- INSTRUCTIONS FOR SIGNING PROXY CARDS The following general rules for signing proxy cards may be of assistance to you and avoid the time and expense to the Fund involved in validating your vote if you fail to sign your proxy card properly. 1. Individual Accounts: Sign your name exactly as it appears in the registration on the proxy card. 2. Joint Accounts: Either party may sign, but the name of the party signing should conform exactly to a name shown in the registration. 3. All Other Accounts: The capacity of the individual signing the proxy card should be indicated unless it is reflected in the form of registration. For example: REGISTRATION VALID SIGNATURE ------------ --------------- CORPORATE ACCOUNTS ------------------ (1) ABC Corp. ................................................... ABC Corp. (by John Doe, Treasurer) (2) ABC Corp. ................................................... John Doe, Treasurer (3) ABC Corp., c/o John Doe, Treasurer .......................... John Doe (4) ABC Corp. Profit Sharing Plan ............................... John Doe, Trustee TRUST ACCOUNTS -------------- (1) ABC Trust ................................................... Jane B. Doe, Trustee (2) Jane B. Doe, Trustee, u/t/d 12/28/78 ........................ Jane B. Doe CUSTODIAL OR ESTATE ACCOUNTS ---------------------------- (1) John B. Smith, Cust., f/b/o John B. Smith, Jr. UGMA ......... John B. Smith (2) John B. Smith ............................................... John B. Smith, Jr., Executor SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. 125 BROAD STREET, NEW YORK, NEW YORK 10004 ---------------- PROXY STATEMENT This proxy statement is furnished in connection with a solicitation by the Board of Directors of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") of proxies to be used at the Annual Meeting of Stockholders of the Fund (the "Meeting") to be held at Citigroup Center, 153 East 53rd Street, 14th Floor, New York, New York, on October 9, 2003 at 3:30 p.m., New York time (and at any adjournment or adjournments thereof) for the purposes set forth in the accompanying Notice of Annual Meeting of Stockholders. This proxy statement and the accompanying form of proxy are first being mailed to stockholders on or about September 10, 2003. Stockholders who execute proxies retain the right to revoke them in person at the Meeting or by written notice received by the Secretary of the Fund at any time before they are voted. Unrevoked proxies will be voted in accordance with the specifications thereon and, unless specified to the contrary, will be voted FOR the election of a Director. The close of business on August 25, 2003 has been fixed as the record date for the determination of stockholders entitled to notice of and to vote at the Meeting. For purposes of the Meeting, each holder of the Fund's preferred stock is entitled to one vote for each full share and an appropriate fraction of a vote for each fractional share held. On August 25, 2003, there were 6,007,094 shares of the Fund's common stock outstanding and 900 shares of the Fund's preferred stock outstanding. In accordance with the Fund's By-Laws, a quorum is constituted by the presence in person or by proxy of the holders of record of a majority of the outstanding shares of the Fund's capital stock entitled to vote at the Meeting. In the event that a quorum is not present at the Meeting, or in the event that a quorum is present but sufficient votes to approve any of the proposals are not received, the Meeting may be adjourned to a date not more than 120 days after the original record date to permit further solicitation of proxies. Any such adjournment will require the affirmative vote of a majority of those shares represented at the Meeting in person or by proxy. The persons named as proxies will vote those proxies which they are entitled to vote FOR or AGAINST any such proposal in their discretion. A stockholder vote may be taken on one or more of the proposals in this proxy statement prior to any such adjournment if sufficient votes have been received for approval. Salomon Brothers Asset Management Inc ("SBAM"), whose principal business address is 399 Park Avenue, New York, New York 10022, is the Fund's investment adviser and administrator. SBAM is an indirect wholly-owned subsidiary of Citigroup Inc. SUMMARY OF PROPOSAL PROPOSAL CLASS OF STOCKHOLDERS SOLICITED -------- ------------------------------- 1. Election of a Class III Director Holders of Preferred Stock and Common Stock Daniel Cronin Election of a Class II Director Carol L. Colman Holders of Preferred Stock and Common Stock Election of Class I Directors Leslie H.Gelb Holders of Preferred Stock and Common Stock William R. Hutchinson Holders of Preferred Stock and Common Stock Dr. Riordan Roett Holders of Preferred Stock PROPOSAL 1: ELECTION OF DIRECTORS In accordance with the Fund's Charter, the Fund's Board of Directors is divided into three classes: Class I, Class II and Class III. At the Meeting, the holders of the Fund's preferred stock and common stock voting together as a single class will be asked to elect one Class III Director, one Class II Director and two Class I Directors to hold office until the year 2004 Annual Meeting of Stockholders, the year 2005 Annual Meeting of Stockholders and the year 2006 Annual Meeting of Stockholders, respectively, or thereafter in each case when their respective successors are duly elected and qualified. The holders of the Fund's preferred stock will be asked to elect one Class I Director to hold office until the year 2006 Annual Meeting of Stockholders or thereafter when his respective successor is duly elected and qualified. The effect of these staggered terms is to limit the ability of other entities or persons to acquire control of the Fund by delaying the replacement of a majority of the Board of Directors. The persons named in the form of proxy accompanying the proxy statement intend to vote at the Meeting (unless directed not to vote) FOR the election of the nominees named below. Two of the nominees for election, Ms. Colman and Mr. Cronin, are currently members of the Fund's Board of Directors but have not been previously elected as Directors by the Fund's stockholders. Mr. Hutchinson has been nominated by the Board of Directors to be elected at the Meeting to serve as a Class I Director. Dr. Roett is currently serving as a Class III Director. In accordance with the Fund's Charter, which provides that the holders of the Fund's preferred stock are entitled to elect one Class I Director and one Class II Director, Dr. Roett is moving from Class III to Class I. Each nominee has indicated that he or she will serve if elected, but if he or she should be unable to serve, the proxy will be voted for any other person determined by the persons named in the proxy in accordance with their judgment. The following table provides information concerning the nominees for election as Directors of the Fund: NUMBER OF PORTFOLIOS ADVISED BY SBAM AND PRINCIPAL OVERSEEN BY POSITION(S) OCCUPATION(S) DIRECTOR OTHER NAME, ADDRESS HELD WITH LENGTH OF DURING PAST (INCLUDING DIRECTORSHIPS AND AGE* FUND TIME SERVED 5 YEARS THE FUND) HELD BY NOMINEE ------------------------------- -------------- ------------- --------------------- ------------ ---------------- CLASS III DIRECTOR NON-INTERESTED DIRECTOR NOMINEE Daniel Cronin Director and Since 2003 Associate General 30 None Pfizer Inc. Member of Counsel, Pfizer Inc. 235 East 42nd Street the Audit New York, NY 10017 Committee Age: 57 CLASS II DIRECTOR NON-INTERESTED DIRECTOR NOMINEE Carol L. Colman Director and Since 2003 President, Colman 33 None Colman Consulting Member of Consulting Co., Inc. Co., Inc. the Audit 278 Hawley Road Committee North Salem, NY 10560 Age: 57 ---------- * It is the practice of the Fund that upon attainment of age 80, Fund Directors are required to change to emeritus status. Directors emeritus are entitled to serve in emeritus status for a maximum of 10 years, during such time they are paid 50% of the annual retainer fee and meeting fees otherwise applicable to Fund Directors together with reasonable out-of-pocket expenses for each meeting attended. 2 NUMBER OF PORTFOLIOS ADVISED BY SBAM AND PRINCIPAL OVERSEEN BY POSITION(S) OCCUPATION(S) DIRECTOR OTHER NAME, ADDRESS HELD WITH LENGTH OF DURING PAST (INCLUDING DIRECTORSHIPS AND AGE FUND TIME SERVED 5 YEARS THE FUND) HELD BY NOMINEE ------------------------------- -------------- ------------- --------------------- ------------ ---------------------- CLASS I DIRECTORS NON-INTERESTED DIRECTOR NOMINEES Leslie H. Gelb Director and Since 2000 President Emeritus 33 Britannica.com, The Council on Member of and Senior Board Director of two Foreign Relations the Audit Fellow, The registered investment 58 East 68th Street Committee Council on Foreign companies advised by New York, NY 10021 Relations; formerly Advantage Advisers, Age: 65 Columnist, Deputy Inc., ("Advantage"). Editorial Page Editor and Editor, Op-Ed Page, The New York Times. William R. Hutchinson N/A N/A President, WR 40 Director, 535 N. Michigan Hutchinson & Associated Bank; Suite 1012 Associates, Inc. Director, Chicago, IL 60611 (Consultant); Group Associated Age: 60 Vice President, Banc-Corp. Mergers & Acquisitions, BP Amoco p.l.c. Dr. Riordan Roett Director and Since Professor and 30 The Latin America The Johns Hopkins University Member of 1997 Director, Latin Equity Fund, Inc. 1740 Massachusetts Ave. NW the Audit American Studies Washington, DC 20036 Committee Program, Paul H. Age: 64 Nitze School of Advanced International Studies, The Johns Hopkins University. 3 The following table provides information concerning the remaining Directors of the Fund: NUMBER OF PORTFOLIOS ADVISED BY SBAM AND PRINCIPAL OVERSEEN BY OTHER POSITION(S) OCCUPATION(S) NOMINEE DIRECTORSHIPS NAME, ADDRESS HELD WITH LENGTH OF DURING PAST (INCLUDING HELD BY AND AGE FUND TIME SERVED 5 YEARS THE FUND) NOMINEE ---------------------------- -------------- ------------- ------------------------------- ------------- ---------------- CLASS II DIRECTOR INTERESTED DIRECTOR R. Jay Gerken** Director and Since Managing Director, Citigroup 219 None Salomon Smith Barney Inc. Co-Chairman 2002 Global Markets Inc. ("CGM"); 125 Broad Street formerly, portfolio manager, New York, NY 10004 Smith Barney Growth and Age: 52 Income Fund (1994-2000) and Smith Barney Allocation Series Inc. (1996-2001). CLASS III DIRECTOR NON-INTERESTED DIRECTOR Jeswald W. Salacuse Director and Since Henry J. Braker Professor of 30 Director of two Tufts University Member of 2000 Commercial Law and formerly registered The Fletcher School the Audit Dean, The Fletcher School of investment of Law & Diplomacy Committee Law & Diplomacy, Tufts companies Packard Avenue University. advised by Medford, MA 02155 Advantage. Age: 65 The following table provides information concerning the dollar range of equity securities owned beneficially by each Director and nominee for election as Director as of December 31, 2002: DOLLAR RANGE OF EQUITY AGGREGATE DOLLAR RANGE OF EQUITY SECURITIES IN ALL FUNDS NAME OF DIRECTOR/NOMINEE SECURITIES IN THE FUND OVERSEEN BY DIRECTOR/NOMINEE AND ADVISED BY SBAM ---------------------------------- ------------------------ --------------------------------------------------------- NON-INTERESTED DIRECTORS/NOMINEES Carol L. Colman None Over $100,000 Daniel P. Cronin None $10,000 - $50,000 Leslie H. Gelb None $1 - $10,000 William R. Hutchinson None $1 - $10,000 Dr. Riordan Roett None None Jeswald W. Salacuse $1 - $10,000 $10,001 - $50,000 INTERESTED DIRECTORS/NOMINEES R. Jay Gerken $1 - $10,000 over $100,000 ---------- ** Mr. Gerken is an "interested person" as defined in the Investment Company Act of 1940, as amended (the "1940 Act"), because he is a Managing Director of CGM, an affiliate of SBAM, the Fund's investment adviser. 4 No Director or nominee for election as Director who is not an "interested person" of the Fund as defined in the 1940 Act, nor any immediate family member of such persons, had any interest in SBAM, the Fund's investment adviser, or any person or entity (other than the Fund) directly or indirectly controlling, controlled by, or under common control with SBAM as of May 1, 2003. RESPONSIBILITIES OF THE BOARD OF DIRECTORS The Board of Directors is responsible for ensuring that the Fund is managed in the best interest of its stockholders. The Directors oversee the Fund's business by, among other things, meeting with the Fund's management and evaluating the performance of the Fund's service providers including SBAM, the custodian and the transfer agent. As part of this process, the Directors consult with the Fund's independent auditors and with their own separate independent counsel. The Board of Directors has four regularly scheduled meetings each year and additional meetings are scheduled as needed. In addition, the Board has an audit committee which meets periodically during the year and whose responsibilities are described below. The Directors regularly review the Fund's financial statements, performance and market price as well as the quality of the services being provided to the Fund. As part of this process, the Directors review the Fund's fees and expenses to determine if they are reasonable and competitive in light of the services being received and while also ensuring that the Fund continues to have access to high quality services in the future. Based on these reviews, the Directors periodically make suggestions to and monitor the Fund's management to ensure that responsive action is taken. The Directors also monitor potential conflicts of interest among the Fund, SBAM and its affiliates and other funds and clients managed by SBAM to ensure that the Fund is managed in a manner which is in the best interest of the Fund's stockholders. The Fund's executive officers are chosen each year at the meeting of the Board of Directors of the Fund immediately following the Annual Meeting of Stockholders, to hold office until the meeting of the Board following the next Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. In addition to Mr. Gerken, the Fund's Chairman, the executive officers of the Fund are: POSITION(S) HELD WITH LENGTH OF PRINCIPAL OCCUPATION(S) NAME, ADDRESS AND AGE FUND TIME SERVED DURING PAST 5 YEARS -------------------------------- -------------------------- ------------- --------------------------------------- Peter J. Wilby President Since 2002 Managing Director of CGM and SBAM Citigroup Global Markets Inc. since January 1996 399 Park Avenue New York, NY 10022 Age: 44 Lewis E. Daidone Chief Administrative Since 2002 Managing Director of CGM; Chief Citigroup Global Markets Inc. Officer Financial Officer of the Smith Barney 125 Broad Street, 11th Floor Mutual Funds; Director and Senior Vice New York NY 10004 Executive Vice 1998-2002 President of SBFM and TIA. Age: 45 President and Treasurer Robert E. Amodeo Executive Vice President Since 1999 Managing Director of SBAM and CGM Citigroup Global Markets Inc. since December 2001; Director of CGM 388 Greenwich Street and SBAM since December 1998; Vice New York, NY 10013 President of CGM and SBAM from Age: 38 January 1996 to December 1998. 5 POSITION(S) HELD WITH LENGTH OF PRINCIPAL OCCUPATION(S) NAME, ADDRESS AND AGE FUND TIME SERVED DURING PAST 5 YEARS -------------------------------- ------------ ------------- --------------------------------------- Frances M. Guggino Controller Since 2002 Vice President, Citigroup Asset Citigroup Global Markets Inc. Management. 125 Broad Street, 10th Floor New York, NY 10004 Age: 45 Christina T. Sydor Secretary Since 1998 Managing Director of CGM; General Citigroup Global Markets Inc. Counsel and Secretary of SBFM and TIA. 300 First Stamford Place Stamford, CT 06902 Age: 52 The Fund's Audit Committee is composed of all of the Directors who are not "interested persons" of the Fund, SBAM or its affiliates within the meaning of the 1940 Act, and who are "independent" as defined in the New York Stock Exchange listing standards. The principal functions of the Audit Committee are: (i) to recommend to the Board the appointment of the Fund's independent auditors; (ii) to approve all audit and permitted non-audit services proposed to be performed by the independent auditors on behalf of the Fund and certain affiliates; (iii) to review with the independent auditors the scope and anticipated cost of their audit; and (iv) to receive and consider a report from the independent auditors concerning their conduct of the audit, including any comments or recommendations they might want to make in that connection. This Committee met twice during the fiscal year ended June 30, 2003. The Fund adopted an Audit Committee Charter at a meeting held on May 23, 2000. The Directors constituting the Fund's Audit Committee also constitute the Fund's Nominating Committee, which is composed of all of the "non-interested" Directors of the Fund. The Nominating Committee met once during the fiscal year ended June 30, 2003. The Nominating Committee selects and nominates new non-interested directors. The Nominating Committee will accept nominations for the office of Director made by shareholders in a written request addressed to the Secretary of the Fund which includes biographical data and sets forth the qualifications of the proposed nominee. The Fund has a Valuation Committee composed of the Chairman and at least one non-interested Director. The Valuation Committee is charged with determining fair value prices for securities when required. The Valuation Committee met once during the fiscal year ended June 30, 2003. The Fund does not have a Compensation Committee. During the fiscal year ended June 30, 2003, the Board of Directors held four regular meetings. Each Director attended at least 75% of the aggregate number of meetings of the Board and any committee on which he or she served. REPORT OF THE AUDIT COMMITTEE In connection with a meeting of the Audit Committee on August 28, 2003, the Audit Committee reports that it has: (i) reviewed and discussed the Fund's audited financial statements with management; (ii) discussed with PricewaterhouseCoopers LLP ("PwC"), the independent auditors to the Fund, the matters (such as the quality of the Fund's accounting principals and internal controls) required to be discussed by Statement on Auditing Standards No. 61; and (iii) previously received written confirmation from PwC that it is independent and written disclosures regarding such independence as required by Independence Standards Board Standard No. 1, and discussed with PwC the auditors' independence. Based on the review and discussions referred to in items (i) through (iii) above, the Audit Committee recommended to the Board of Directors that the audited financial statements be included in the Fund's annual report for the Fund's fiscal year ended June 30, 2003. 6 ADDITIONAL MATTERS A representative of PwC will be available by telephone at the Meeting to answer appropriate questions and will have an opportunity to make a statement if he or she chooses to do so. Under the federal securities laws, the Fund is required to provide to stockholders in connection with the Meeting information regarding compensation paid to the Directors by the Fund, as well as by the various other investment companies advised by SBAM. The following table provides information concerning the compensation paid from the Fund to each Director during the fiscal year ended June 30, 2003 and the total compensation paid to each Director during the calendar year ended December 31, 2002. Each of the Directors listed below is a member of the Fund's Audit Committee and other committees of certain other investment companies advised by SBAM and its affiliates, and accordingly, the amounts provided in the table include compensation for service on such committees. The Fund does not provide any pension or retirement benefits to Directors. In addition, no remuneration was paid during the fiscal year ended June 30, 2003 by the Fund to Mr. Gerken, who is an "interested person" as defined in the 1940 Act. TOTAL COMPENSATION FROM THE FUND AND OTHER AGGREGATE COMPENSATION FROM THE FUND FOR FUNDS ADVISED BY SBAM AND ITS AFFILIATES FOR NAME OF DIRECTORS THE FISCAL YEAR ENDED 6/30/03 THE CALENDAR YEAR ENDED 12/31/02 ----------------- ------------------------------------------ ---------------------------------------------- Carol L. Colman ............. $ 2,650 $63,400 Daniel Cronin ............... $ 2,650 $90,950 Leslie H. Gelb .............. $ 9,750 $81,700 Dr. Riordan Roett ........... $10,450 $93,400 Jeswald W. Salacuse ......... $10,450 $90,300 During the Fund's last fiscal year, total compensation paid by the Fund to a Director emeritus totaled $5,225. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT At August 25, 2003, one officer of the Fund, Peter J. Wilby, owned beneficially 277,481 common shares, equal to approximately 4.62% of the outstanding common shares of the Fund's capital stock, through accounts held by himself as an individual and jointly with members of his family. Mr. Wilby owned no preferred shares of the Fund's capital stock. All other Directors and officers of the Fund, individually and as a group, owned beneficially less than 1% of the outstanding shares of each class of the Fund's capital stock at that date. To the knowledge of the Fund's management, no person owned of record, or owned beneficially, more than 5% of the Fund's outstanding shares of capital stock at that date, except that Cede & Co., a nominee for participants in Depository Trust Company, held of record 5,597,215 common shares, equal to approximately 93.18% of the outstanding common shares of the Fund's capital stock, and 900 preferred shares, equal to 100% of the outstanding preferred shares of the Fund's capital stock. SECTION 16(A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE Section 16(a) of the Securities Exchange Act of 1934 and Section 30(h) of the 1940 Act in combination require the Fund's Directors and officers, persons who own more than 10% of the Fund's capital stock, SBAM, and its respective directors and officers, to file reports of ownership and changes in ownership with the Securities and Exchange Commission ("SEC") and the New York Stock Exchange, Inc. Such persons are required by SEC regulations to furnish the Fund with copies of all such filings. Based solely on its review of the copies of such 7 filings received by it and certain other information received by it, the Fund believes that, for the fiscal year ended June 30, 2003, all filing requirements applicable to such persons were complied with except that a timely filing was not made for Evan Merberg on Form 3. However, during the Fund's fiscal year ended June 30, 2003, no purchases and sales were made by Mr. Merberg, and he has subsequently filed a Form 3. REQUIRED VOTE The election of Ms. Colman and Messrs. Cronin, Gelb and Hutchinson as Directors requires a plurality of the votes cast by the holders of shares of Common Stock and Preferred Stock, voting together as a single class, present or represented by proxy at the Meeting at which a quorum is present. The election of Dr. Roett requires a plurality of the votes cast by the holders of shares of Preferred Stock of the Fund present or represented by proxy at a meeting at which a quorum is present. For purposes of the election of Directors, abstentions and broker non-votes will not be considered votes cast, and do not affect the plurality vote required for Directors. THE DIRECTORS, INCLUDING THE DIRECTORS WHO ARE NOT "INTERESTED PERSONS," UNANIMOUSLY RECOMMEND THAT THE STOCKHOLDERS VOTE "FOR" EACH OF THE NOMINEES FOR DIRECTOR. FEES PAID TO INDEPENDENT ACCOUNTANTS AUDIT FEES. The fees for the annual audit of the Fund's financial statements by PricewaterhouseCoopers LLP ("PwC") for the fiscal year ended June 30, 2003 were $40,000. FINANCIAL INFORMATION SYSTEMS DESIGN AND IMPLEMENTATION FEES. There were no fees billed for financial information systems design and implementation services rendered by PwC to the Fund, SBAM, and entities controlled by or affiliated with SBAM that provide services to the Fund for the fiscal year ended June 30, 2003. ALL OTHER FEES. The aggregate fees billed for all other non-audit services, including fees for tax-related services, rendered by PwC to the Fund, SBAM and entities controlled by or affiliated with SBAM that provide services to the Fund for the fiscal year ended June 30, 2003 were $34,000. The Fund's Audit Committee has determined that provision of these non-audit services is compatible with maintaining the independence of PwC. PROPOSALS TO BE SUBMITTED BY STOCKHOLDERS All proposals by stockholders of the Fund which are intended to be presented at the Fund's next Annual Meeting of Stockholders to be held in 2004 must be received by the Fund for inclusion in the Fund's proxy statement and proxy relating to that meeting no later than May 13, 2004. Any stockholder who desires to submit a proposal at the Fund's 2004 Annual Meeting of Stockholders without including such proposal in the Fund's proxy statement must deliver written notice thereof to the Secretary of the Fund (addressed to Salomon Brothers Municipal Partners Fund II Inc., 125 Broad Street, New York, New York 10004) during the period from July 11, 2004 to August 11, 2004. However, if the Fund's 2004 Annual Meeting of Stockholders is held earlier than September 9, 2004 or later than December 8, 2004, such written notice must be delivered to the Secretary of the Fund during the period from 90 days before the date of the 2004 Annual Meeting to the later of 60 days prior to the date of the 2004 Annual Meeting or 10 days following the public announcement of the date of the 2004 Annual Meeting. OTHER INFORMATION The Fund's Annual Report containing financial statements for the fiscal year ended June 30, 2003 is available free of charge by writing to the Fund c/o Salomon Brothers Asset Management Inc at the address listed on the front cover, or by calling toll-free 1-888-777-0102. 8 EXPENSES OF PROXY SOLICITATION The costs of preparing, assembling and mailing material in connection with this solicitation of proxies will be borne by the Fund. Proxies may also be solicited personally by officers of the Fund and by regular employees of SBAM or its affiliates, or other representatives of the Fund or by telephone or telegraph, in addition to the use of mails. Brokerage houses, banks and other fiduciaries may be requested to forward proxy solicitation material to their principals to obtain authorization for the execution of proxies, and will be reimbursed by the Fund for such out-of-pocket expenses. OTHER BUSINESS The Board of Directors of the Fund does not know of any other matter which may come before the Meeting. If any other matter properly comes before the Meeting, it is the intention of the persons named in the proxy to vote the proxies in accordance with their judgment on that matter. September 10, 2003 9 PREFERRED STOCK PREFERRED STOCK SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. PROXY SOLICITED ON BEHALF OF THE DIRECTORS ANNUAL MEETING OF STOCKHOLDERS - OCTOBER 9, 2003 The undersigned hereby appoints R. Jay Gerken, Christina T. Sydor and Robert M. Nelson, and each of them, attorneys and proxies for the undersigned, with full power of substitution and revocation to represent the undersigned and to vote on behalf of the undersigned all shares of Preferred Stock of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") which the undersigned is entitled to vote at the Annual Meeting of Stockholders of the Fund to be held at Citigroup Center, 153 East 53rd Street, 14th Floor Conference Center, New York, New York on Thursday, October 9, 2003, at 3:30 p.m., and at any adjournments thereof. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Stockholders and accompanying Proxy Statement and hereby instructs said attorneys and proxies to vote said shares as indicated hereon. In their discretion, the proxies are authorized to vote upon such other business as may properly come before the Meeting. A majority of the proxies present and acting at the Meeting in person or by substitute (or, if only one shall be so present, then that one) shall have and may exercise all of the power and authority of said proxies hereunder. The undersigned hereby revokes any proxy previously given. THIS PROXY, IF PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR EACH NOMINEE FOR DIRECTOR. Please refer to the Proxy Statement for a discussion of the Proposal. ------------- ------------- SEE REVERSE CONTINUED ON REVERSE SIDE SEE REVERSE SIDE SIDE ------------- ------------- PREFERRED STOCK PREFERRED STOCK SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. PROXY SOLICITED ON BEHALF OF THE DIRECTORS ANNUAL MEETING OF STOCKHOLDERS - OCTOBER 9, 2003 The undersigned hereby appoints R. Jay Gerken, Christina T. Sydor and Robert M. Nelson, and each of them, attorneys and proxies for the undersigned, with full power of substitution and revocation to represent the undersigned and to vote on behalf of the undersigned all shares of Preferred Stock of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") which the undersigned is entitled to vote at the Annual Meeting of Stockholders of the Fund to be held at Citigroup Center, 153 East 53rd Street, 14th Floor Conference Center, New York, New York on Thursday, October 9, 2003, at 3:30 p.m., and at any adjournments thereof. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Stockholders and accompanying Proxy Statement and hereby instructs said attorneys and proxies to vote said shares as indicated hereon. In their discretion, the proxies are authorized to vote upon such other business as may properly come before the Meeting. A majority of the proxies present and acting at the Meeting in person or by substitute (or, if only one shall be so present, then that one) shall have and may exercise all of the power and authority of said proxies hereunder. The undersigned hereby revokes any proxy previously given. THIS PROXY, IF PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR EACH NOMINEE FOR DIRECTOR. Please refer to the Proxy Statement for a discussion of the Proposal. ------------- ------------- SEE REVERSE CONTINUED ON REVERSE SIDE SEE REVERSE SIDE SIDE ------------- ------------- | ----- PLEASE MARK | 3547 X VOTES AS IN | ----- THIS EXAMPLE. |---- THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE FOLLOWING PROPOSAL: 1. Election of Directors: NOMINEES: (01) Carol L. Colman, (02) Daniel Cronin, (03) Leslie H. Gelb, (04) William R. Hutchinson and (05) Riordan Roett FOR [ ] [ ] WITHHELD ALL FROM ALL NOMINEES NOMINEES [ ] ----------------------------------------------- For all nominees except as noted above 2. Any other business that may properly come before the Meeting. 3. I will be attending the Meeting. [ ] PLEASE COMPLETE, SIGN AND DATE HEREON AND MAIL IN ACCOMPANYING POSTPAID ENVELOPE. NOTE: Please sign this proxy exactly as your name appears on this proxy. If joint owners, EITHER may sign this proxy. When signing as attorney, executor, administrator, trustee, guardian or corporate officer, please give your full title. Signature: Date: -------------------------------------- ------------------- IF JOINTLY HELD SIGNATURE: Date: --------------------------------- ------------------- | ----- PLEASE MARK | 3547 X VOTES AS IN | ----- THIS EXAMPLE. |---- THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE FOLLOWING PROPOSAL: 1. Election of Directors: NOMINEES: (01) Carol L. Colman, (02) Daniel Cronin, (03) Leslie H. Gelb, (04) William R. Hutchinson and (05) Riordan Roett FOR [ ] [ ] WITHHELD ALL FROM ALL NOMINEES NOMINEES [ ] ----------------------------------------------- For all nominees except as noted above 2. Any other business that may properly come before the Meeting. 3. I will be attending the Meeting. [ ] PLEASE COMPLETE, SIGN AND DATE HEREON AND MAIL IN ACCOMPANYING POSTPAID ENVELOPE. NOTE: Please sign this proxy exactly as your name appears on this proxy. If joint owners, EITHER may sign this proxy. When signing as attorney, executor, administrator, trustee, guardian or corporate officer, please give your full title. Signature: Date: -------------------------------------- ------------------- IF JOINTLY HELD SIGNATURE: Date: --------------------------------- ------------------- COMMON STOCK COMMON STOCK SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. PROXY SOLICITED ON BEHALF OF THE DIRECTORS ANNUAL MEETING OF STOCKHOLDERS - OCTOBER 9, 2003 The undersigned hereby appoints R. Jay Gerken, Christina T. Sydor and Robert M. Nelson, and each of them, attorneys and proxies for the undersigned, with full power of substitution and revocation to represent the undersigned and to vote on behalf of the undersigned all shares of Common Stock of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") which the undersigned is entitled to vote at the Annual Meeting of Stockholders of the Fund to be held at Citigroup Center, 153 East 53rd Street, 14th Floor Conference Center, New York, New York on Thursday, October 9, 2003, at 3:30 p.m., and at any adjournments thereof. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Stockholders and accompanying Proxy Statement and hereby instructs said attorneys and proxies to vote said shares as indicated hereon. In their discretion, the proxies are authorized to vote upon such other business as may properly come before the Meeting. A majority of the proxies present and acting at the Meeting in person or by substitute (or, if only one shall be so present, then that one) shall have and may exercise all of the power and authority of said proxies hereunder. The undersigned hereby revokes any proxy previously given. THIS PROXY, IF PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR EACH NOMINEE FOR DIRECTOR. Please refer to the Proxy Statement for a discussion of the Proposal. ------------- ------------- SEE REVERSE CONTINUED ON REVERSE SIDE SEE REVERSE SIDE SIDE ------------- ------------- COMMON STOCK COMMON STOCK SALOMON BROTHERS MUNICIPAL PARTNERS FUND II INC. PROXY SOLICITED ON BEHALF OF THE DIRECTORS ANNUAL MEETING OF STOCKHOLDERS - OCTOBER 9, 2003 The undersigned hereby appoints R. Jay Gerken, Christina T. Sydor and Robert M. Nelson, and each of them, attorneys and proxies for the undersigned, with full power of substitution and revocation to represent the undersigned and to vote on behalf of the undersigned all shares of Common Stock of Salomon Brothers Municipal Partners Fund II Inc. (the "Fund") which the undersigned is entitled to vote at the Annual Meeting of Stockholders of the Fund to be held at Citigroup Center, 153 East 53rd Street, 14th Floor Conference Center, New York, New York on Thursday, October 9, 2003, at 3:30 p.m., and at any adjournments thereof. The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Stockholders and accompanying Proxy Statement and hereby instructs said attorneys and proxies to vote said shares as indicated hereon. In their discretion, the proxies are authorized to vote upon such other business as may properly come before the Meeting. A majority of the proxies present and acting at the Meeting in person or by substitute (or, if only one shall be so present, then that one) shall have and may exercise all of the power and authority of said proxies hereunder. The undersigned hereby revokes any proxy previously given. THIS PROXY, IF PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER DIRECTED BY THE STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR EACH NOMINEE FOR DIRECTOR. Please refer to the Proxy Statement for a discussion of the Proposal. ------------- ------------- SEE REVERSE CONTINUED ON REVERSE SIDE SEE REVERSE SIDE SIDE ------------- ------------- | ----- PLEASE MARK | 3547 X VOTES AS IN | ----- THIS EXAMPLE. |---- THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE FOLLOWING PROPOSAL: 1. Election of Directors: NOMINEES: (01) Carol L. Colman, (02) Daniel Cronin, (03) Leslie H. Gelb and (04) William R. Hutchinson FOR [ ] [ ] WITHHELD ALL FROM ALL NOMINEES NOMINEES [ ] ----------------------------------------------- For all nominees except as noted above 2. Any other business that may properly come before the Meeting. 3. I will be attending the Meeting. [ ] PLEASE COMPLETE, SIGN AND DATE HEREON AND MAIL IN ACCOMPANYING POSTPAID ENVELOPE. NOTE: Please sign this proxy exactly as your name appears on this proxy. If joint owners, EITHER may sign this proxy. When signing as attorney, executor, administrator, trustee, guardian or corporate officer, please give your full title. Signature: Date: -------------------------------------- ------------------- IF JOINTLY HELD SIGNATURE: Date: --------------------------------- ------------------- ----- PLEASE MARK | 3547 X VOTES AS IN | ----- THIS EXAMPLE. |---- THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" THE FOLLOWING PROPOSAL: 1. Election of Directors: NOMINEES: (01) Carol L. Colman, (02) Daniel Cronin, (03) Leslie H. Gelb and (04) William R. Hutchinson FOR [ ] [ ] WITHHELD ALL FROM ALL NOMINEES NOMINEES [ ] ----------------------------------------------- For all nominees except as noted above 2. Any other business that may properly come before the Meeting. 3. I will be attending the Meeting. [ ] PLEASE COMPLETE, SIGN AND DATE HEREON AND MAIL IN ACCOMPANYING POSTPAID ENVELOPE. NOTE: Please sign this proxy exactly as your name appears on this proxy. If joint owners, EITHER may sign this proxy. When signing as attorney, executor, administrator, trustee, guardian or corporate officer, please give your full title. Signature: Date: -------------------------------------- ------------------- IF JOINTLY HELD SIGNATURE: Date: --------------------------------- -------------------