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Press release from PR Newswire

Legg Mason Hosting Investor Day To Discuss Strategic Initiatives To Drive Profitability and Growth

Tuesday, May 11, 2010

Legg Mason Hosting Investor Day To Discuss Strategic Initiatives To Drive Profitability and Growth16:00 EDT Tuesday, May 11, 2010- General Public Invited to Participate Via Special Access Line -BALTIMORE, May 11 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) announced that it is hosting an Investor Day for investors and analysts on Thursday, May 13th in New York City from 8:30 a.m. to approximately 12:30 p.m. �A full agenda and presentation deck will be available on the firm's web site at approximately 8:00 a.m. at http://www.leggmason.com/about/investor_relations.aspx. Senior executives at Legg Mason and at its investment affiliates will discuss plans to drive profitability and growth in the Company's fiscal year 2011. �Speakers will include: �Legg MasonMark R. Fetting, Chairman and Chief Executive Officer, Legg MasonCharles "C.J." Daley, Jr., Chief Financial Officer, Legg MasonDavid R. Odenath, Head of the Americas, Legg MasonRonald R. �Dewhurst, Head, International Asset Management, Legg MasonJeffrey A. �Nattans, Head, Specialized Investment Managers, Legg MasonJoseph A. Sullivan, Chief Administrative Officer, Legg MasonLegg Mason Investment AffiliatesBill Elcock, Chief Executive Officer, Batterymarch Financial ManagementDavid Hoffman, Managing Director, BrandywinePeter Sundman, Chief Executive Officer, ClearBridge AdvisorsBill Miller, Chief Investment Officer, Legg Mason Capital ManagementIsaac Souede, Chief Executive Officer, Permal Chuck Royce, Royce & AssociatesJames W. Hirschmann, Chief Executive Officer, Western Asset ManagementInterested participants can access the conference call by dialing 1-888-324-3910 (or for international calls 1-312-470-7334) at least 10 minutes prior to the scheduled start to ensure connection. The call will also be accessible through the firm's website at www.leggmason.com. �For those participants unable to listen to the live broadcast of the conference call, a replay will be available on the Legg Mason Web site under the Investor Relations section or by dialing 1-800-774-9244 (or for international calls 1-203-369-3825), access Pin Number 173546 after the completion of the call. Please note that the replay will be available beginning at 4:00 p.m., E.D.T., on Thursday, May 13, 2010 and ending on May 20, 2010 at 10:59 p.m. E.D.T.Legg Mason, Inc. 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, both of Legg Mason, Inc.