What is the best exercise to lose belly and leg fat?

Lunges are really good. They do your thighs and your calves. Also if you lie on your side and slowly lift one leg up that does your thighs. Running is a great exercise to but if u really want to lose weight its all about your eating. No bread cakes or any packed cereal is the way. Although, you can pretty much eat anything as long as its not too much of it!