UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Legg Mason, Inc. Address: 100 Light Street Baltimore, MD 21202 13F File Number: 28-1700 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Peter L. Bain Title: Executive Vice President Phone: 410-454-3227 Signature, Place, and Date of Signing: Peter L. Bain Baltimore, MD February 14, 2008 Report Type (Check only one.): [ ] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ X] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13F File Number Name 28-3428 Private Capital Management, L.P. 28-3780 Royce & Associates, LLC 28-3658 Barrett Associates, Inc. 28-1801 Bartlett & Co. 28-0377 Batterymarch Financial Management, Inc. 28-2204 Brandywine Global Investment Management,LLC 28-1701 Legg Mason Capital Management, Inc. 28-6397 Legg Mason Investment Counsel & Trust Co,NA 28-6399 LMM, LLC 28-10245 Western Asset Management Company 28-6251 Legg Mason International Equities 28-11345 Legg Mason Investment Counsel, LLC 28-11611 ClearBridge Advisors, LLC 28-4024 Smith Barney Fund Management, LLC 28-2568 ClearBridge Asset Management, Inc. 28-11198 Legg Mason Asset Management (Japan) Co.Ltd. 28-12558 Legg Mason Private Portfolio Group, LLC FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form13F Information Table Entry Total: 176 Form13F Information Table Value Total: $132,719 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 1 28- Miscellaneous FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ADMINISTRADORA FONDOS PENSIO SPONSORED ADR 00709P108 179 4800 SH DEFINED 1 4800 0 0 AETNA INC NEW COM 00817Y108 1190 20600 SH DEFINED 1 20600 0 0 AGRIUM INC COM 008916108 643 8900 SH DEFINED 1 8900 0 0 AK STL HLDG CORP COM 001547108 738 15940 SH DEFINED 1 15940 0 0 ALCOA INC COM 013817101 27 718 SH DEFINED 1 718 0 0 ALLIANT ENERGY CORP COM 018802108 37 900 SH DEFINED 1 900 0 0 ALLIED WASTE INDS INC COM PAR$.01NEW 019589308 394 35700 SH DEFINED 1 35700 0 0 ALTRIA GROUP INC COM 02209S103 556 7350 SH DEFINED 1 7350 0 0 AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 5870 95608 SH DEFINED 1 95608 0 0 AMERICAN EXPRESS CO COM 025816109 23 441 SH DEFINED 1 441 0 0 AMERICAN INTL GROUP INC COM 026874107 553 9479 SH DEFINED 1 9479 0 0 ANNALY CAP MGMT INC COM 035710409 66 3600 SH DEFINED 1 3600 0 0 ANNTAYLOR STORES CORP COM 036115103 21 800 SH DEFINED 1 800 0 0 APOLLO GROUP INC CL A 037604105 379 5400 SH DEFINED 1 5400 0 0 APPLE INC COM 037833100 60 300 SH DEFINED 1 300 0 0 ARACRUZ CELULOSE S A SPON ADR PFD B 038496204 388 5214 SH DEFINED 1 5214 0 0 ARCH CAP GROUP LTD ORD G0450A105 577 8200 SH DEFINED 1 8200 0 0 ASSURANT INC COM 04621X108 957 14300 SH DEFINED 1 14300 0 0 AT&T INC COM 00206R102 1738 41807 SH DEFINED 1 41807 0 0 AVNET INC COM 053807103 44 1250 SH DEFINED 1 1250 0 0 BANCO BRADESCO S A SP ADR PFD NEW 059460303 2944 91996 SH DEFINED 1 91996 0 0 BANCO ITAU HLDG FINANCIERA S SP ADR 500 PFD 059602201 2373 91734 SH DEFINED 1 91734 0 0 BANCOLOMBIA S A SPON ADR PREF 05968L102 613 18000 SH DEFINED 1 18000 0 0 BANK OF AMERICA CORPORATION COM 060505104 670 16226 SH DEFINED 1 16226 0 0 BARCLAYS PLC ADR 06738E204 91 2238 SH DEFINED 1 2238 0 0 BIG LOTS INC COM 089302103 375 23400 SH DEFINED 1 23400 0 0 BMC SOFTWARE INC COM 055921100 2375 66625 SH DEFINED 1 66625 0 0 BRASKEM S A SP ADR PFD A 105532105 297 18335 SH DEFINED 1 18335 0 0 BRINKER INTL INC COM 109641100 184 9400 SH DEFINED 1 9400 0 0 CB RICHARD ELLIS GROUP INC CL A 12497T101 43 1950 SH DEFINED 1 1950 0 0 CEMEX SAB DE CV SPON ADR NEW 151290889 1360 52582 SH DEFINED 1 52582 0 0 CENTERPOINT ENERGY INC COM 15189T107 36 2100 SH DEFINED 1 2100 0 0 CF INDS HLDGS INC COM 125269100 485 4400 SH DEFINED 1 4400 0 0 CHEVRON CORP NEW COM 166764100 1839 19700 SH DEFINED 1 19700 0 0 CISCO SYS INC COM 17275R102 126 4640 SH DEFINED 1 4640 0 0 CITIGROUP INC COM 172967101 530 17976 SH DEFINED 1 17976 0 0 COCA COLA CO COM 191216100 661 10759 SH DEFINED 1 10759 0 0 COCA COLA ENTERPRISES INC COM 191219104 774 29700 SH DEFINED 1 29700 0 0 COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 122 2463 SH DEFINED 1 2463 0 0 COMPANHIA BRASILEIRA DE DIST SPON ADR PFD 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