BALTIMORE, 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 Management

                                      Preliminary
                                        Dec 2012                         Sep 2012               Jun 2012        Mar 2012        Dec 2011
                                        --------                         --------               --------        --------        --------
    Equity                                        $144.8                   $153.4                 $151.1          $163.4          $153.3
    Fixed Income                                                  366.7                   369.4           360.6           356.1           352.6
                                                                  -----                   -----           -----           -----           -----
                            Long-Term                             511.5                   522.8           511.7           519.5           505.9
    Liquidity                                                     136.4                   127.9           120.1           123.8           121.1
                            Total                                $647.9                  $650.7          $631.8          $643.3          $627.0
                            =====

About 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.