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Former Credit Suisse executive joins Legg Mason board.

BALTIMORE--(BUSINESS WIRE)--May 9, 1995--Raymond A. "Chip" Mason, Chairman of Legg Mason Inc., today announced the election of Dr. William Wirth of Zurich to the firm's board of directors.

Dr. Wirth retired on March 31st as a member of the executive board of Credit Suisse. He had been with

Credit Suisse since 1961. He continues to occupy the following positions with CS Holding Group:

o Chairman of the Board of Directors of Credis International

Fund Holding and five other fund management companies

in Switzerland and Luxembourg.

o Vice Chairman of the Board of Directors of Societe

Internationale de Placements and of Transplan AG. Zurich.

o Chairman of the Board of Directors of Bank Hofmann AG. Zurich.

Member of the Board of Directors of Leu Holding, Zug.

Dr. Wirth studied at the University of Zurich (doctorate). Did postgraduate studies at New York University and its Graduate School of Business Administration. He has also been a lecturer on stock market trading and investments at the University of Zurich.

In commenting on Dr. Wirth's election to Legg Mason's Board, Mr. Mason said, "Dr. Wirth who for many years has headed all the investment management worldwide for Credit Suisse brings a wealth of world investment experience and expertise to Legg Mason."

Legg Mason Inc. headquartered in Baltimore, Md., provides securities brokerage, investment advisory, corporate finance, public finance and mortgage banking services through its wholly-owned subsidiaries. The firm serves individuals, institutions, corporations, and municipalities. With the acquisition of Batterymarch Financial Management, in 1995, Legg Mason's total assets under management are over $23 billion.

CONTACT: The Dilenschneider Group, New York

Phillip Fried, 212/922-0900

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