Insider Trades - SCHIPKE ROGER W

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SCHIPKE ROGER W: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
LEGG MASON INC Director NYSE:LM (historical quotes, profile, SEC, other insiders)	28-Jul-09	27,736	Indirect

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
28-Jul-09 *2,736 LM Acquisition (Non Open Market) at $27.41 per share.
(Value of $74,993)
19-Dec-07 *1,300 LM Sale at $72.77 per share.
(Proceeds of $94,601)
12-Dec-07 *1,300 LM Sale at $77.27 per share.
(Proceeds of $100,451)
5-Dec-07 *1,300 LM Sale at $74.29 per share.
(Proceeds of $96,577)
28-Nov-07 *1,300 LM Sale at $71.84 - $71.84 per share.
(Proceeds of about $93,000)
21-Nov-07 *1,300 LM Sale at $69.35 - $69.35 per share.
(Proceeds of about $90,000)

* Indicates that some (or all) shares are held indirectly (e.g. in a trust, by a spouse, etc.)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
28-Jul-09	*2,736	LM	Acquisition (Non Open Market) at $27.41 per share. (Value of $74,993)
19-Dec-07	*1,300	LM	Sale at $72.77 per share. (Proceeds of $94,601)
12-Dec-07	*1,300	LM	Sale at $77.27 per share. (Proceeds of $100,451)
5-Dec-07	*1,300	LM	Sale at $74.29 per share. (Proceeds of $96,577)
28-Nov-07	*1,300	LM	Sale at $71.84 - $71.84 per share. (Proceeds of about $93,000)
21-Nov-07	*1,300	LM	Sale at $69.35 - $69.35 per share. (Proceeds of about $90,000)