Barclays Capital Canary Wharf Execution Copy London E14 4BB Tel +44 (0)20 7623 2323 To: LEGG MASON, INC. (“Counterparty”) From: BARCLAYS BANK PLC (“Barclays”) Date: December 28, 2007 Reference:Legg Mason Inc • February 11th, 2008 • Investment advice
Company FiledFebruary 11th, 2008 IndustryThe purpose of this letter agreement is to set forth the terms and conditions of the Transactions entered into between Barclays Bank PLC (“Barclays”) and Legg Mason, Inc. (“Counterparty”), a corporation organized under the law of the State of Maryland, on the Trade Date specified below (each, a “Transaction” and, collectively, the “Transactions”). This letter constitutes a “Confirmation” as referred to in the Master Agreement specified below.