SCHIPKE ROGER W

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2004-07-27	2004-07-26	Legg Mason Inc (LM)	S Sale	24,823 -6.0% 226.46 US$4,483,343	24,823 -6.0%	226.46	US$4,483,343
2004-07-27	2004-07-26	Legg Mason Inc (LM)	S Sale	67,196 -29.0% 236.08 US$126,138	67,196 -29.0%	236.08	US$126,138
2004-07-27	2004-07-26	Legg Mason Inc (LM)	S Sale	90,032 +0.9% 447.02 US$3,314,088	90,032 +0.9%	447.02	US$3,314,088
2004-07-27	2004-07-26	Legg Mason Inc (LM)	S Sale	1,900 -11.2% 78.71 US$149,549	1,900 -11.2%	78.71	US$149,549
2004-07-22	2004-07-21	Legg Mason Inc (LM)	S Sale	2,100 -11.0% 79.34 US$166,614	2,100 -11.0%	79.34	US$166,614
2004-05-25	2004-05-21	Legg Mason Inc (LM)	S Sale	3,500 -16.9% 85.63 US$299,705	3,500 -16.9%	85.63	US$299,705