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Press release from PR Newswire

Legg Mason Reports Assets Under Management for August 2011

Tuesday, September 13, 2011

Legg Mason Reports Assets Under Management for August 201107:55 EDT Tuesday, September 13, 2011BALTIMORE, Sept. 13, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $643 billion as of August 31, 2011.LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary August 2011July 2011June 2011March 2011December 2010September 2010Equity$         162.6$   176.2$    181.5$      189.6$             184.2$              169.6Fixed Income367.2370.6365.4356.6355.8371.6Long-Term529.8546.8546.9546.2540.0541.2Liquidity113.6108.6115.6131.4131.8132.3Total$         643.4$   655.4$    662.5$      677.6$             671.8$              673.5About Legg Mason Legg Mason is a global asset management firm with $643 billion in assets under management as of August 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, or Media, Mary Athridge, +1-212-805-6035, mkathridge@leggmason.com