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Press release from PR Newswire

Legg Mason Announces Quarterly Dividend

Tuesday, April 27, 2010

Legg Mason Announces Quarterly Dividend12:44 EDT Tuesday, April 27, 2010BALTIMORE, Md., April 27 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock in the amount of $0.04 per share. The dividend is payable on July 12, 2010 to shareholders of record at the close of business on June 15, 2010.About Legg MasonLegg Mason is a global asset management firm, with $685 billion in assets under management at March 31, 2010. �The Company provides active asset management in 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