<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/553ed77c-0219-41c5-ba79-039a57baf0fd/A2527A25-62B2-4D32-B484-1484CF1FF8D6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.reuters.com/article/innovationNews/idUSN2228762320080922" href="http://www.reuters.com/article/innovationNews/idUSN2228762320080922" style="font-size: 11px;">www.reuters.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/innovationNews/idUSN2228762320080922"><P>U.S. asset manager Legg Mason Inc (LM.N: <A href="http://www.reuters.com/stocks/quote?symbol=LM.N">Quote</A>, <A href="http://www.reuters.com/stocks/companyProfile?symbol=LM.N">Profile</A>, <A href="http://www.reuters.com/stocks/researchReports?symbol=LM.N">Research</A>, <A href="http://reuters.socialpicks.com/stock/r/LM">Stock Buzz</A>) denied on Monday a published report that it plans to go private to escape a worsening credit crisis.</P><SPAN id="midArticle_1"></SPAN> <P>Legg Mason's shares fell as much as 12 percent on Monday in a weak overall market, signaling that investors did not rate the chances of the second-biggest publicly traded U.S. asset manager going private as being high.</P><SPAN id="midArticle_2"></SPAN> <P>"While we don't normally comment on market rumors, in this uncertain time we want to be clear that The New York Post story is not true and Legg Mason's strategy has not changed," Legg Mason spokeswoman Mary Athridge said.</P><SPAN id="midArticle_3"></SPAN> <P>The Post quoted sources familiar with the situation as saying Legg had been weighing a move that could see one or more private equity investors, including Kohlberg Kravis Roberts & Co KKR.UL, buy it and spin off many of its numerous funds.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/A2527A25-62B2-4D32-B484-1484CF1FF8D6/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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