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Press release from PR Newswire

Legg Mason Reports Assets Under Management for October 2010

Wednesday, November 10, 2010

Legg Mason Reports Assets Under Management for October 201008:00 EST Wednesday, November 10, 2010BALTIMORE, Nov. 10, 2010 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $677 billion as of October 31, 2010.  LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminaryOctober 2010September 2010June 2010March 2010December 2009Equity$         175.0$              169.6$    155.8$      173.8$             168.7Fixed Income371.9371.6357.9364.3365.8Long-Term546.9541.2513.7538.1534.5Liquidity129.7132.3131.7146.4147.1Total$         676.6$              673.5$    645.4$      684.5$             681.6About Legg Mason Legg Mason is a global asset management firm with $677 billion in assets under management as of October 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