Legg Mason Names Head of Corporate Marketing and Communications

Mr. Munoz joins Legg Mason from Prophet, the management consultancy,where he was a Partner in the financial services practice, specializing inasset management. Before Prophet, Mr. Munoz served as Vice President of Salesand Marketing at Comcast and as Managing Director of Consumer Markets atVerizon.

Mr. Munoz began his career in advertising at Young & Rubicam, where hemanaged multinational clients for the agency in the U.S., Latin America andEurope. He holds an A.B. cum laude in History from Brown University.

"I am pleased to welcome Tim to Legg Mason as we grow our business aroundthe world and as a global leader in asset management," said Raymond A. "Chip"Mason, Legg Mason's Chairman. "Tim has worked with us over the past two yearsto help shape our global strategy and to define our capabilities, so he has ahands-on understanding of the firm and our unique business model. With hisdeep background in strategic marketing, and his skill as a communicator, hewill be a meaningful asset for us as we chart our course for the future."

Mr. Munoz succeeds Paige Littleton, who is retiring after seventeen yearswith the firm, though she remains as a consultant to Legg Mason.

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Mary Athridge of Legg Mason, +1-212-559-0104Web Site: