Stephen M. Williams

Legg Mason International Equities Ltd., which does business as Esemplia Emerging Markets, (Esemplia) is the Great Britain-based, wholly-owned subsidiary of Legg Mason International Asset Management, itself a subsidiary of Legg Mason, Inc. (NYSE: LM) in the US. Created in 2006 from the former Citigroup Asset Management, the firm is a global emerging markets specialist. They are located in London with an aditional office in Hong Kong where they manage assets and sub-advise mutual funds across investment strategies within the Legg Mason mutual fund range for institutional and high-net worth clients worldwide.