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Press release from PR Newswire

Legg Mason Reports Assets Under Management for November 2010

Friday, December 10, 2010

Legg Mason Reports Assets Under Management for November 201008:00 EST Friday, December 10, 2010BALTIMORE, Dec. 10, 2010 /PRNewswire/ --  Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $668 billion as of November 30, 2010.  LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary November 2010October 2010September 2010June 2010March 2010December 2009Equity$             174.1$         175.0$              169.6$    155.8$      173.8$             168.7Fixed Income360.0371.9371.6357.9364.3365.8Long-Term534.1546.9541.2513.7538.1534.5Liquidity133.6129.7132.3131.7146.4147.1Total$             667.7$         676.6$              673.5$    645.4$      684.5$             681.6About Legg Mason Legg Mason is a global asset management firm with $668 billion in assets under management as of November 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