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Press release from PR Newswire

Legg Mason Reports Assets Under Management for May 2011

Friday, June 10, 2011

Legg Mason Reports Assets Under Management for May 201107:58 EDT Friday, June 10, 2011BALTIMORE, June 10, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $671 billion as of May 31, 2011.    LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary May 2011April 2011March 2011December 2010September 2010June 2010Equity$         187.4$    191.3$      189.6$             184.2$              169.6$    155.8Fixed Income365.3364.9356.6355.8371.6357.9Long-Term552.7556.2546.2540.0541.2513.7Liquidity118.2115.8131.4131.8132.3131.7Total$         670.9$    672.0$      677.6$             671.8$              673.5$    645.4About Legg Mason Legg Mason is a global asset management firm with $671 billion in assets under management as of May 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,