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Press release from PR Newswire

Legg Mason Reports Assets Under Management For March 2010

Tuesday, April 13, 2010

Legg Mason Reports Assets Under Management For March 201008:00 EDT Tuesday, April 13, 2010BALTIMORE, April 13 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $685 billion as of March 31, 2010. � LEGG MASON, INC. AND SUBSIDIARIES (Amounts in billions) (Unaudited) Assets Under Management Preliminary December September March 2010 2009 2009 June 2009 March 2009 ---------- --------- ---------- --------- ---------- Equity $173.8 $168.7 $165.6 $143.6 $126.9 Fixed Income 364.3 365.8 385.7 366.6 357.6 Liquidity 146.4 147.1 151.4 146.7 147.9 ---------- --------- ---------- --------- ---------- Total $684.5 $681.6 $702.7 $656.9 $632.4 ========== ========= ========== ========= ========== About Legg Mason Legg Mason is a global asset management firm with $685 billion in assets under management as of March 31, 2010. The Company provides active asset management in many major investment centers throughout the world. Legg Mason is headquartered in Baltimore, Maryland, and its common stock is listed on the New York Stock Exchange (symbol: LM).SOURCE Legg Mason, Inc.For further information: Investors, Alan Magleby, +1-410-454-5246, afmagleby@leggmason.com; or Media, Mary Athridge, +1-212-805-6035, mkathridge@leggmason.com