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Press release from PR Newswire

Legg Mason Reports Assets Under Management For August 2012

Thursday, September 13, 2012

Legg Mason Reports Assets Under Management For August 201207:55 EDT Thursday, September 13, 2012BALTIMORE, Sept. 13, 2012 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $639 billion as of August 31, 2012.  This month's AUM reflects a $1.1 billion redemption from an enhanced cash, low fee mandate within fixed income.LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary August 2012July 2012June 2012March 2012December 2011September 2011Equity$             151.2$             149.6$             151.1$             163.4$             153.3$             144.9Fixed Income364.8364.9360.6356.1352.6355.5Long-Term516.0514.5511.7519.5505.9500.4Liquidity123.2121.3120.1123.8121.1111.4Total$             639.2$             635.8$             631.8$             643.3$             627.0$             611.8About Legg Mason Legg Mason is a global asset management firm with $639 billion in assets under management as of August 31, 2012. 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