Insider Trades - OBRIEN EDWARD I

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OBRIEN EDWARD I: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
LEGG MASON INC Director NYSE:LM (historical quotes, profile, SEC, other insiders)	1-Jul-08	46,924	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
1-Jul-08 9,000 LM Option Exercise at $20.49 per share.
(Cost of $184,410)
1-Jul-08 4,212 LM Disposition (Non Open Market) at $43.78 per share.
(Value of $184,401)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
1-Jul-08	9,000	LM	Option Exercise at $20.49 per share. (Cost of $184,410)
1-Jul-08	4,212	LM	Disposition (Non Open Market) at $43.78 per share. (Value of $184,401)