Business Wire, June 26, 2007, Tuesday

Copyright 2007 Business Wire, Inc.

Business Wire

June 26, 2007 Tuesday 10:30 AM GMT

DISTRIBUTION: Business Editors

HEADLINE: Brandywine Global Investment Management Names Christopher D. Marzullo Chief Compliance Officer

DATELINE: PHILADELPHIA

BODY:

Brandywine Global Investment Management, LLC today announced the appointment of Christopher D. Marzullo as chief compliance officer. Chris has served as interim chief compliance officer for the past four months. As the firm's new, permanent chief compliance officer he will be responsible for overseeing and managing all investment compliance matters within the organization and, together with the firm's Compliance Committee, implementing all necessary actions to ensure continued achievement of the objectives of Brandywine Global's compliance program.

Steve Kneeley, managing partner, commented, "After a thorough national search, we believe Chris is the best candidate to fill this position. He has done an exceptional job as interim CCO over the past several months and we look forward to his continued leadership of this important function."

Chris has substantial experience in investment management legal and compliance having served as associate general counsel with Legg Mason, Inc., Brandywine Global's parent company, for the past eight years. In this role he counseled Legg Mason's investment advisory firms providing fixed income, equity and alternative investment management services to a full range of clients. This included U.S. and foreign investment companies and other onshore and offshore pooled investment vehicles, institutional and high net worth separate accounts, wrap accounts and model portfolio services.

Mr. Kneeley continued, "Chris has worked closely with Brandywine Global during his time with Legg Mason and has deep knowledge of our firm. This familiarity, combined with his experience across a broad spectrum of both products and clients, will help us continue to anticipate our clients' evolving needs and meet the demands of a dynamic marketplace."

Previously, Chris served as a litigation associate with Weinberg & Green LLC. He received his J. D., graduating magna cum laude, from the University of Baltimore School of Law and earned his B.S. in Industrial and Labor Relations from Cornell University.

About Brandywine Global Investment Management

Founded in 1986, Brandywine Global Investment Management, LLC is a mid-sized investment boutique, with more than $42 billion in assets under management as of March 31, 2007 and an investment style and strategic focus primarily in the area of value investing. The firm offers an array of equity, fixed income, and balanced portfolios that invest in U.S., international, and global markets on behalf of more than 420 clients, including public funds, corporations, educational institutions, Taft-Hartley plans, health care organizations, and high net-worth individuals. Brandywine Global is a wholly owned, independently operated subsidiary of Legg Mason, Inc. (NYSE:LM), headquartered in Philadelphia with satellite offices in Chicago and San Francisco. The firm's wholly-owned subsidiary, Brandywine Global Investment Management (Asia) Pte. Ltd., is located in Singapore. For more information, please visit our website atwww.brandywineglobal.com.

CONTACT: Brandywine Global Investment Management, LLC

Adam Spector, 215-609-3700

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