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Press release from PR Newswire

Legg Mason Reports Assets Under Management for July 2010

Wednesday, August 11, 2010

Legg Mason Reports Assets Under Management for July 201008:00 EDT Wednesday, August 11, 2010BALTIMORE, Aug. 11 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $659 billion as of July 31, 2010.  LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary July 2010June 2010March 2010December 2009September 2009Equity$         165.3$    155.8$      173.8$             168.7$              165.6Fixed Income364.7357.9364.3365.8385.7Long-Term530.0513.7538.1534.5551.3Liquidity129.3131.7146.4147.1151.4Total$         659.3$    645.4$      684.5$             681.6$              702.7About Legg Mason Legg Mason is a global asset management firm with $659 billion in assets under management as of July 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,, or Media: Mary Athridge, +1-212-805-6035,