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Press release from PR Newswire

Legg Mason Reports Assets Under Management for October 2011

Thursday, November 10, 2011

Legg Mason Reports Assets Under Management for October 201107:55 EST Thursday, November 10, 2011BALTIMORE, Nov. 10, 2011 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $629 billion as of October 31, 2011.   LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary October 2011September 2011June 2011March 2011December 2010Equity$         159.4$              144.9$    181.5$      189.6$             184.2Fixed Income359.0355.5365.4356.6355.8Long-Term518.4500.4546.9546.2540.0Liquidity110.3111.4115.6131.4131.8Total$         628.7$              611.8$    662.5$      677.6$             671.8About Legg Mason Legg Mason is a global asset management firm with $629 billion in assets under management as of October 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