Legg Mason Hosting Conference Call To Discuss Fiscal First Quarter Operating Results

Legg Mason Hosting Conference Call To Discuss Fiscal First Quarter Operating
Results
- General Public Invited to Participate Via Special Access Line -

BALTIMORE, July 10 /PRNewswire-FirstCall/ -- Legg Mason, Inc. (NYSE: LM) will
announce operating results for its fiscal 2010 first quarter ended June 30,
2009 on Monday, July 20, 2009 in a press release that will be issued at
approximately 4:00 p.m., E.D.T. The press release will also be available on
the firm's Web site at leggmason.com.

A conference call to discuss the company's results will be hosted by Mark R.
Fetting, chairman and CEO of Legg Mason, Inc., at 5:00 p.m., E.D.T. This call
will be open to the general public. Interested participants can access the
conference call by dialing 1-866-793-1306 (or for international calls
1-703-639-1308) at least 10 minutes prior to the scheduled start to ensure
connection.

The call will also be accessible through the firm's Web site at leggmason.com.
For those participants unable to listen to the live broadcast of the
conference call, a replay will be available on the Legg Mason Web site under
the Investor Relations section or by dialing 1-888-266-2081 (or for
international calls 1-703-925-2533), access Pin Number 1379230 after the
completion of the call. Please note that the replay will be available
beginning at 9:00 p.m., E.D.T. on Monday, July 20, 2009 and ending on August
3, 2009.

Legg Mason, Inc. is a global asset management firm, with $632 billion in
assets under management as of March 31, 2009. 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.

Media: Mary Athridge, +1-212-805-6035, mkathridge@leggmason.com or Investors,
Alan Magleby, +1-410-454-5246, amagleby@leggmason.com, both of Legg Mason