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Press release from PR Newswire

Legg Mason Reports Assets Under Management For March 2011

Tuesday, April 12, 2011

Legg Mason Reports Assets Under Management For March 201108:00 EDT Tuesday, April 12, 2011BALTIMORE, April 12, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $678 billion as of March 31, 2011.    LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary March 2011December 2010September 2010June 2010March 2010Equity$             189.6$             184.2$             169.6$             155.8$             173.8Fixed Income356.6355.8371.6357.9364.3Long-Term546.2540.0541.2513.7538.1Liquidity131.4131.8132.3131.7146.4Total$             677.6$             671.8$             673.5$             645.4$             684.5About Legg Mason Legg Mason is a global asset management firm with $678 billion in assets under management as of March 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,; Media: Mary Athridge, +1-212-805-6035,