Legg Mason to Present at the 2008 Citigroup Financial Services Conference

    BALTIMORE, Jan. 24 /CNW/ - Peter L. Bain, Senior Executive Vice President
of Legg Mason, Inc. (NYSE:   LM), is scheduled to speak at the 2008 Citigroup
Financial Services Conference in New York City on Wednesday, January 30 at
10:30 a.m. E.S.T.
    Both live and on-demand versions of the audio webcast will be available.
A link to the presentation slides and webcast will be accessible through the
firm's Web site at http://www.leggmason.com/ under "Investor Relations-
Corporate Presentations". The on-demand audio webcast will be available
shortly after the presentation for a period of 30 days.

    Legg Mason, Inc. is a global asset management firm, with over $1 trillion
in assets under management as of September 30, 2007. 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).

For further information:

For further information: Mary Athridge of Legg Mason, Inc., (212)
805-6035, Web Site: http://www.leggmason.com/

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