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Press release from PR Newswire

Legg Mason Reports Assets Under Management For July 2011

Wednesday, August 10, 2011

Legg Mason Reports Assets Under Management For July 201107:55 EDT Wednesday, August 10, 2011BALTIMORE, Aug. 10, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $655 billion as of July 31, 2011. LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary July 2011June 2011March 2011December 2010September 2010Equity$         176.2$    181.5$      189.6$             184.2$              169.6Fixed Income370.6365.4356.6355.8371.6Long-Term546.8546.9546.2540.0541.2Liquidity108.6115.6131.4131.8132.3Total$         655.4$    662.5$      677.6$             671.8$              673.5About Legg Mason Legg Mason is a global asset management firm with $655 billion in assets under management as of July 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, afmagleby@leggmason.com; Media, Mary Athridge, +1-212-805-6035, mkathridge@leggmason.com