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O'BRIEN NAMED TO LEGG MASON, INC. BOARD

 BALTIMORE, Feb. 1 /PRNewswire/ -- Edward I. O'Brien, a leading securities industry association executive, was named to Legg Mason, Inc.'s (NYSE: LM) board of directors, the company announced today.
 Mr. O'Brien, 64, served for 19 years as president of the Securities Industry Association, the industry's largest professional association. He recently retired from the post and continues to serve as an advisor. He has spent his career in the securities industry in a number of key roles.
 He joined Bache & Co. (now Prudential Securities) in 1955, where his contributions included organizing the firm's legal department, directing the corporate affairs division, serving as corporate counsel and director, and heading the firm's domestic and Canadian branch activities. He was named executive vice president and chairman of the executive committee before leaving to assume the industry association post in 1974.
 Mr. O'Brien has also served in an advisory role to self-regulatory organizations during his career. He was a governor of the American Stock Exchange and a member of various committees of the National Association of Securities Dealers (NASD).
 Mr. O'Brien served on the board of the executive committee of the Securities Regulation Institute of the University of California and has lectured at the American Law Institute and Practicing Law Institute.
 Mr. O'Brien also served on the U.S. Chamber of Commerce banking, monetary and fiscal affairs committee.
 A graduate of Fordham University, he earned a bachelor of laws degree from St. John's University School of Law. Mr. O'Brien is a resident of Scarsdale, N.Y.
 Legg Mason, Inc., headquartered in Baltimore, is a holding company which provides securities brokerage, investment advisory, investment banking and mortgage banking services through its wholly owned subsidiaries. The company's common stock is listed on the New York Stock Exchange.
 -0- 2/1/93
 /CONTACT: Geraldine D. Leder of Legg Mason, Inc., 410-539-0000/
 (LM)


CO: Legg Mason, Inc. ST: Maryland IN: FIN SU: PER

TS-OS -- NY024 -- 1220 02/01/93 09:43 EST
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Date:Feb 1, 1993
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