ARTICLES OF AMENDMENT
TO
ARTICLES OF INCORPORATION
OF
LEGG MASON VALUE TRUST, INC.
FIRST: The Board of Directors ("Board") of Legg Mason Value Trust, Inc., a
Maryland corporation ("Corporation") organized on January 20, 1982, has, by
action on August 6, 1999, changed the name of the class of shares heretofore
known as "Class A shares" to "Primary Class shares"; and changed the name of the
class of shares heretofore known as "Class Y shares" to "Navigator Class
shares". In all other respects, the shares of Legg Mason Value Trust, Inc., and
their attendant rights and privileges, remain unchanged.
SECOND: The Corporation is registered with the Securities and Exchange
Commission as an open-end investment company under the Investment Company Act of
1940, as amended.
THIRD: The Amendments contained herein were approved by a majority of the
entire Board of Directors of the Corporation. The changes in name made herein
are limited to changes expressly permitted by Section 2-605(a)(4) of the
Maryland Corporations and Associations Code to be made without action by the
stockholders of the Corporation.
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IN WITNESS WHEREOF, the undersigned Vice President of Legg Mason Value
Trust, Inc., hereby executes these Articles of Amendment on behalf of the
Corporation, and hereby acknowledges these Articles of Amendment to be the act
of the Corporation, and further states under the penalties of perjury that, to
the best of her knowledge, information and belief, the matters and facts set
forth herein are true in all material respects.
Dated: September 14, 1999 LEGG MASON VALUE TRUST, INC.
By: /s/ Marie K. Karpinski
-----------------------------------
Marie K. Karpinski
Vice President
Attest: /s/ Wm. Shane Hughes
--------------------
Secretary
Baltimore, Maryland (ss)
Subscribed and sworn to before me this 14th day of September, 1999.
/s/ Laura V. Atwater
--------------------
LAURA V. ATWATER
NOTARY PUBLIC OF MARYLAND
HARFORD COUNTY
MY COMMISSION EXPIRES 11/1/02
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