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Press release from PR Newswire

Legg Mason Reports Assets Under Management For December 2012

Friday, January 11, 2013

Legg Mason Reports Assets Under Management For December 201207:57 EST Friday, January 11, 2013BALTIMORE, Jan. 11, 2013 /PRNewswire/ -- Legg Mason, Inc. (NYSE: LM) reported preliminary assets under management of $648 billion as of December 31, 2012.This quarter's fixed income AUM includes a $2.4 billion redemption from a large state pension client.  LEGG MASON, INC. AND SUBSIDIARIES(Amounts in billions)(Unaudited)Assets Under ManagementPreliminary Dec 2012Sep 2012Jun 2012Mar 2012Dec 2011Equity$        144.8$        153.4$        151.1$        163.4$        153.3Fixed Income366.7369.4360.6356.1352.6Long-Term  511.5522.8511.7519.5505.9Liquidity136.4127.9120.1123.8121.1Total$        647.9$        650.7$        631.8$        643.3$        627.0About Legg Mason Legg Mason is a global asset management firm with $648 billion in assets under management as of December 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