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SIGNATURE LEWIS DAIDONE
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Opportunity Fund
Inc form N-SAR for the period ended August 31, 1998
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> AUG-31-1998
<INVESTMENTS-AT-COST> 75,381,813
<INVESTMENTS-AT-VALUE> 176,778,803
<RECEIVABLES> 773,555
<ASSETS-OTHER> 975
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 177,553,333
<PAYABLE-FOR-SECURITIES> 71,538
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 212,649
<TOTAL-LIABILITIES> 284,187
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 59,941,811
<SHARES-COMMON-STOCK> 3,742,735
<SHARES-COMMON-PRIOR> 3,722,380
<ACCUMULATED-NII-CURRENT> 1,027,853
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 14,902,492
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 101,396,990
<NET-ASSETS> 177,269,146
<DIVIDEND-INCOME> 2,511,339
<INTEREST-INCOME> 1,536,313
<OTHER-INCOME> 0
<EXPENSES-NET> 2,327,379
<NET-INVESTMENT-INCOME> 1,720,273
<REALIZED-GAINS-CURRENT> 15,568,652
<APPREC-INCREASE-CURRENT> (22,723,931)
<NET-CHANGE-FROM-OPS> (5,435,006)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,444,133
<DISTRIBUTIONS-OF-GAINS> 5,165,552
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97,900
<NUMBER-OF-SHARES-REDEEMED> 176,190
<SHARES-REINVESTED> 98,645
<NET-CHANGE-IN-ASSETS> (11,226,656)
<ACCUMULATED-NII-PRIOR> 729,573
<ACCUMULATED-GAINS-PRIOR> 4,521,532
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,080,479
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,327,379
<AVERAGE-NET-ASSETS> 208,033,455
<PER-SHARE-NAV-BEGIN> 50.64
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> (1.95)
<PER-SHARE-DIVIDEND> (0.39)
<PER-SHARE-DISTRIBUTIONS> (1.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 47.36
<EXPENSE-RATIO> 1.12
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
To the Shareholders and Board of Directors of
Salomon Brothers Opportunity Fund Inc
October 21, 1998
(2)
Report of Independent
Accountants
October 21, 1998
To the Shareholders and Board of Directors of
Salomon Brothers Opportunity Fund Inc
In planning and performing our audit of the financial statements of Salomon
Brothers Opportunity Fund Inc (the "Fund") for the year
ended August 31, 1998, we considered its internal control, including control
activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of expressing our opinion
on the financial statements and to comply with the
requirements of Form N-SAR, not to provide assurance on internal control.
The management of the Fund is responsible for establishing and maintaining
internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the expected
benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the entity's objective
of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets
against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud may
occur and not be detected. Also, projection of any
evaluation of internal control to future periods is subject to the risk
that it may become inadequate because of changes in
conditions or that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition
in which the design or operation of one or more of the internal control
components does not reduce to a relatively low level the risk
that misstatements caused by error or fraud in amounts that would be material
in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions.
However, we noted no matters involving internal control and its operation,
including controls for safeguarding securities, that we
consider to be material weaknesses as defined above as of August 31, 1998.
This report is intended solely for the information and use of management
and the Board of Directors of the Fund and the Securities
and Exchange Commission.
/s/
PRICEWATERHOUSECOOPERS LLP
