SMITH BARNEY CALIFORNIA MUNICIPALS FUND INC.
SMITH BARNEY MANAGED MUNICIPALS FUND INC.
(each a "Fund" and collectively, the "Funds")
Supplement to the Prospectus
dated April 29, 1995
In July 1995, Smith Barney Mutual Funds Management Inc.
("SBMFM") assumed responsibility for all administrative
functions for the Fund, including functions previously
performed by The Boston Company Advisors, Inc. ("Boston
Advisors"). Upon assumption of the administrative function
by SBMFM, Boston Advisors ceased to serve as sub-
administrator to the Fund.
Concurrently, PNC Bank, National Association ("PNC")
assumed responsibility as the custodian for the Fund. Upon
the assumption of the custodial function by PNC, Boston Safe
and Trust Company, an affiliate of Boston Advisors, ceased
to serve as the Fund's custodian. PNC is located at 17th and
Chestnut Streets, Philadelphia, Pennsylvania.
The following information modifies the disclosure found
in the Fund's prospectus under the captions "Prospectus
Summary" and "Investment Objective and Management Policies:"
Intermediate- and long-term securities have remaining
maturities at the time of purchase of three to in excess of
twenty years.
Supplement dated March 8, 1996
FD01096
