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Press release from PR Newswire

Legg Mason Reports Assets Under Management for January 2011

Thursday, February 10, 2011

Legg Mason Reports Assets Under Management for January 201108:00 EST Thursday, February 10, 2011BALTIMORE, Feb. 10, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $672 billion as of January 31, 2011.  LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary January 2011December 2010September 2010June 2010March 2010Equity$          185.6$       184.2$         169.6$       155.8$           173.8Fixed Income352.9355.8371.6357.9364.3Long-Term538.5540.0541.2513.7538.1Liquidity133.3131.8132.3131.7146.4Total$          671.8$       671.8$         673.5$             645.4$           684.5About Legg Mason Legg Mason is a global asset management firm with $672 billion in assets under management as of January 31, 2011. 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,