It's off to Florida for AMVESCAP PLC vice chairman, Robert H. Graham. Today it was annouced that he will retire from the company. Graham was one of the co-founders of AIM Investments in 1976, which merged with INVESCO in 1997 to form AMVESCAP. He has served as a director of AMVESCAP since 1997. We'll drink a mai-tai for him. -ed.

AMVESCAP PLC (NYSE:AVZ - News; LSE:AVZ - News; TSX:AVZ - News) today announced that Robert H. Graham has decided to step down as vice chairman of the Board of Directors and retire from the company.

"Over the past 30 years, Bob has worked to build AIM and AMVESCAP into a respected investment management organization that touches the lives of millions of investors around the globe," said Marty Flanagan, president and CEO. "We are extremely grateful for the many lasting contributions Bob has made to our company and to the industry."

"I have been very fortunate to have had the opportunity to work with many wonderful people over the course of my career," said Bob Graham. "I am extremely proud of what we have accomplished at AIM and AMVESCAP, and am confident in the future success of the company."

Bob Graham was one of the co-founders of AIM Investments in 1976, which merged with INVESCO in 1997 to form AMVESCAP. He has served as a director of AMVESCAP since 1997 and vice chairman of the Board since 2001. He has served as a member of the Board of Governors and the Executive Committee of the Investment Company Institute and currently serves as chairman of ICI Mutual Insurance Company.

AMVESCAP is a leading independent global investment manager, dedicated to helping people worldwide build their financial security. Operating under the AIM, AIM Trimark, Atlantic Trust, INVESCO, Invesco Perpetual, PowerShares and WL Ross & Co. brands, AMVESCAP strives to deliver outstanding products and services through a comprehensive array of enduring investment solutions for our retail, institutional and private wealth management clients around the world. The company is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.amvescap.com.

This release may include statements that constitute "forward-looking statements" under the United States securities laws. Forward-looking statements include information concerning possible or assumed future results of our operations, earnings, liquidity, cash flow and capital expenditures, industry or market conditions, assets under management, acquisition activities and the effect of completed acquisitions, debt levels and the ability to obtain additional financing or make payments on our debt, regulatory developments, demand for and pricing of our products and other aspects of our business or general economic conditions. In addition, when used in this report, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects" and future or conditional verbs such as "will," "may," "could," "should" and "would," or any other statement that necessarily depends on future events, are intended to identify forward-looking statements.

Forward-looking statements are not guarantees of performance. They involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from our expectations. We caution investors not to rely unduly on any forward-looking statements. In connection with any forward-looking statements, you should carefully consider the areas of risk described in our most recent annual report on Form 20-F, as filed with the United States Securities and Exchange Commission (SEC). You may obtain these reports from the SEC Web site at www.sec.gov.

Edited by: Erin Kello

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