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Press release from PR Newswire

Legg Mason Reports Assets Under Management For June 2010

Tuesday, July 13, 2010

BALTIMORE, July 13 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $646 billion as of June 30, 2010.  

LEGG MASON, INC. AND SUBSIDIARIES

(Amounts in billions)

(Unaudited)

Assets Under Management

Preliminary

June 2010

March 2010

December 2009

September 2009

June 2009

Equity

$     155.8

$      173.8

$             168.7

$              165.6

$    143.6

Fixed Income

357.9

364.3

365.8

385.7

366.6

Long-Term

513.7

538.1

534.5

551.3

510.2

Liquidity

131.7

146.4

147.1

151.4

146.7

Total

$     645.4

$      684.5

$             681.6

$              702.7

$    656.9

About Legg Mason

Legg Mason is a global asset management firm with $646 billion in assets under management as of June 30, 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.