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Legg Mason Growth Trust


Investment Objective:

Maximum long-term capital appreciation with minimum long-term risk to principal.

Investments:
The Fund uses the "theory of focus investing" to create a concentrated, low-turnover portfolio of primarily common stocks that appear to have strong growth potential. The Fund invests primarily in common stocks, preferred stocks and securities convertible into or exchangeable for common stocks.

Inception Date:  
Institutional:March 4, 2004
Financial Intermediary:January 29, 2004
Class R:December 28, 2006

Performance Benchmark: S&P 500 Index

Total Fund Assets: $1.1 billion (as of 3/31/08)

Ticker Symbol:  
Institutional:LMGNX
Financial Intermediary:LMGFX
Class R:LMGRX
Investment Risks:
An investment in a non-diversified fund entails greater price risk than an investment in a diversified fund because a higher percentage of investments among fewer issuers may result in greater fluctuation in the total market value of the fund's portfolio. The value approach to investing involves the risk that those stocks deemed to be undervalued by the portfolio manager may remain undervalued.

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FIXED INCOME
EQUITY
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Investors should consider the Fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund. To obtain a free prospectus, click here or call 1-888-425-6432. Please read the prospectus carefully before investing.

All investments involve risk, including possible loss of principal.

Legg Mason Investor Services, LLC and all entities mentioned above are affiliates of Legg Mason, Inc.

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