-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RvPGiBqH5JHM+Qqg1xjUk99nQCZHDsCoe7PjVDh8LGq4fCayAiTVQCesG/6fXPWT
 xCeB+cmZljq7cvv/07+SMQ==

<SEC-DOCUMENT>0000893750-03-000644.txt : 20031202
<SEC-HEADER>0000893750-03-000644.hdr.sgml : 20031202
<ACCEPTANCE-DATETIME>20031202163346
ACCESSION NUMBER:		0000893750-03-000644
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20031125
ITEM INFORMATION:		Financial statements and exhibits
ITEM INFORMATION:		Regulation FD Disclosure
FILED AS OF DATE:		20031202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SALOMON BROTHERS HIGH INCOME FUND II INC
		CENTRAL INDEX KEY:			0001058239
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-08709
		FILM NUMBER:		031033013

	BUSINESS ADDRESS:	
		STREET 1:		0
		STREET 2:		SEVEN WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SALOMON BROTHERS HIGH YIELD BOND FUND IN
		DATE OF NAME CHANGE:	19980319
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form_8k.txt
<DESCRIPTION>SALOMON BROTHERS HIGH INCOME FUND II INC.
<TEXT>





                                 UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                   FORM 8-K

                                CURRENT REPORT
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 25, 2003

                   Salomon Brothers High Income Fund II Inc.
- -------------------------------------------------------------------------------
            (Exact name of registrant as specified in its charter)

         Maryland                   811-08709                 13-3998455
- -------------------------- ------------------------- --------------------------
     (State or other              (Commission               (IRS Employer
     jurisdiction of              File Number)            Identification No.)
      incorporation)

300 First Stamford Place, 4th Floor, Stamford, CT               06902
- -------------------------------------------------------------------------------
    (Address of principal executive offices)                  (Zip Code)

Registrant's telephone number, including area code (203) 890-7029


<PAGE>




                   Salomon Brothers High Income Fund II Inc.
                          CURRENT REPORT ON FORM 8-K

Item 7.        Financial Statements and Exhibits.

(c)  Exhibits.

     Exhibit Number
     --------------

     99.1      Salomon Brothers High Income Fund II Inc. press release,
               dated December 1, 2003.

Item 9.        Regulation FD Disclosure.

On December 1, 2003, Salomon Brothers High Income Fund II Inc. (the "Fund")
issued a press release with respect to a memo released on November 25, 2003 by
Citigroup Asset Management ("CAM"), the business unit of which the Fund's
investment manager is a part, to CAM's senior staff.

Exhibit 99.1 is a copy of the press release. The press release is being
furnished pursuant to Item 9 of this Current Report on Form 8-K, and the
information contained in Exhibit 99.1 shall not be deemed to be "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or
otherwise subject to the liabilities under Section 18. Furthermore, the
information contained in Exhibit 99.1 shall not be deemed to be incorporated
by reference into the filings of the Fund under the Securities Act of 1933, as
amended.


<PAGE>


                                   SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                   Salomon Brothers High Income Fund II Inc.
                                   ---------------------------------------------
                                           (Registrant)
Date:  December 1, 2003
     ----------------------        /s/ Thomas C. Mandia
                                   ---------------------------------------------
                                           (Signature)

                              Name:  Thomas C. Mandia
                                     -------------------------------------------
                              Title: Assistant Secretary
                                     -------------------------------------------


<PAGE>


                                 EXHIBIT INDEX

Exhibit Number
- --------------

99.1      Press release of the Fund, dated December 1, 2003.


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>exh99_1.txt
<DESCRIPTION>S. B. HIGH INCOME FUND II INC ISSUES STATEMENT
<TEXT>
                   SALOMON BROTHERS HIGH INCOME FUND II INC.
                               ISSUES STATEMENT



NEW YORK - (PRNewswire - FirstCall) - December 1, 2003
Salomon Brothers High Income Fund II Inc., which is listed on the New York
Stock Exchange under the symbol "HIX," issued today the following statement:

The Fund has received the following information from Citigroup Asset
Management ("CAM"), the Citigroup business unit which includes the Fund's
Investment Manager and other investment advisory companies, all of which are
indirect, wholly-owned subsidiaries of Citigroup. CAM is reviewing its entry,
through an affiliate, into the transfer agent business in the period
1997-1999. As CAM currently understands the facts, at the time CAM decided to
enter the transfer agent business, CAM sub-contracted for a period of five
years certain of the transfer agency services to a third party and also
concluded a revenue guarantee agreement with this sub-contractor providing
that the sub-contractor would guarantee certain benefits to CAM or its
affiliates (the "Revenue Guarantee Agreement"). In connection with the
subsequent purchase of the sub-contractor's business by an affiliate of the
current sub-transfer agent (PFPC Inc.) used by CAM on many of the funds it
manages, this Revenue Guarantee Agreement was amended eliminating those
benefits in exchange for arrangements that included a one-time payment from
the sub-contractor.

The Boards of CAM-managed funds (the "Boards") were not informed of the
Revenue Guarantee Agreement with the sub-contractor at the time the Boards
considered and approved the transfer agent arrangements. Nor were the Boards
informed of the subsequent amendment to the Revenue Guarantee Agreement when
that occurred.

CAM has begun to take corrective actions. CAM will pay to the applicable funds
$16 million (plus interest) that CAM and its affiliates received from the
Revenue Guarantee Agreement and its amendment. CAM also plans an independent
review to verify that the transfer agency fees charged by CAM were fairly
priced as compared to competitive alternatives. CAM is instituting new
procedures and making changes designed to ensure no similar arrangements are
entered into in the future.

CAM has briefed the SEC, the New York State Attorney General and other
regulators with respect to this matter, as well as the U.S. Attorney who is
investigating the matter. CAM is cooperating with governmental authorities on
this matter.

The Fund's transfer agent is PFPC Inc., which is not affiliated with CAM.

<PAGE>


Salomon Brothers High Income Fund II Inc., a diversified management investment
company, is managed by Salomon Brothers Asset Management Inc, an indirect
wholly owned subsidiary of Citigroup Inc.



Contact:       Brenda Grandell
               Director, Closed-End Funds
               Citigroup Asset Management
               1-212-291-3775

Investor Relations:  1-888-777-0102


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
