John P. Calamos to be a Guest on `Wall $Treet Week With Louis Rukeyser'


NAPERVILLE, Ill., June 8, 2001 (PRIMEZONE) -- John P. Calamos, President and Chief Investment Officer of CALAMOS ASSET MANAGEMENT, INC., will appear as a special guest on "Wall $treet Week With Louis Rukeyser" on June 15, 2001. The television program airs at 8:30 p.m. Eastern/Pacific time and 7:30 p.m. Central time on PBS. (Times may vary, please check local listings.) The invitation follows the firm's recognition by Morningstar(see Note) for the CALAMOS Growth Fund as the number one 5- and 10-Year Performer relative to all funds with a prospectus objective of growth out of 885 and 278 funds, respectively (as of April 30, 2001).

Commenting on his upcoming appearance, Mr. Calamos said, "I am looking forward to this exciting opportunity to discuss CALAMOS' investment programs on `Wall $treet Week With Louis Rukeyser.' The discussion is slated to feature the firm's aggressive equity program, which has been widely recognized for its impressive returns. While convertible bonds have been our long-standing strength, our equity-growth strategy builds upon the proprietary investment process we have fine-tuned for over two decades. We anticipate that this prestigious forum will bring our strategies to the attention of a broader audience of serious investors."

Mr. Calamos is the founder of CALAMOS ASSET MANAGEMENT, INC., a global money management firm that offers separately managed accounts for major institutional and individual investors throughout the world. Mr. Calamos is known as a pioneer in risk management strategies, specializing in investment research and portfolio management of convertible securities. Spanning 30 years, his experience includes a long and successful history of using convertibles and hedging techniques designed to help control risk and help stabilize the asset base during volatile market periods.

Mr. Calamos has written two books on the convertible investing: "Investing in Convertible Securities: Your Complete Guide to the Risks and Rewards," and "Convertible Securities: the Latest Instruments, Portfolio Strategies, and Evaluation Analysis." He has also written a chapter on convertibles for the `Pension Investment Handbook' by Ibbotson Associates. In addition to his column on investment risk management in Personal Financial Planning, Mr. Calamos' articles have appeared in publications such as Personal Financial Planning, Pension World, Pensions & Investments, Journal of Investing and Financial Executive.

"Wall $treet Week With Louis Rukeyser" is currently enjoying its 31st year on PBS. Louis Rukeyser has served as the program's host, writer and commentator since the series' inception in 1970. The program draws millions more viewers every week than any other financial program in history.

About CALAMOS ASSET MANAGEMENT, INC.

CALAMOS ASSET MANAGEMENT, INC. is an independent asset management firm specializing in convertible bond research and management. Headquartered in Naperville, Illinois, CALAMOS (www.calamos.com) provides professional money management services to clients that include major corporations, public and private institutions, pension funds, insurance companies and individuals. The firm has experience in convertible bonds since 1977 and currently manages approximately $7 billion in assets. The firm also is investment advisor to a family of seven mutual funds.

For more information about the CALAMOS Growth Fund, including fees and expenses, call CALAMOS FINANCIAL SERVICES, the fund's distributor, at 1-800-582-6959 for a prospectus. Please read it carefully before investing.

Past performance is no guarantee of future results. Investments by the CALAMOS Growth Fund in smaller companies present greater risks than investments in larger companies.

Note: As of 4/30/01, Morningstar ranked the CALAMOS Growth Fund one of 278 for 10 years, one of 885 for 5 years, and 815 of 2,306 for one year relative to all funds with a prospectus objective of growth. Ratings are based on total annual returns for Class A shares, which are not adjusted for sales charges.*T -0- CONTACT: CALAMOS ASSET MANAGEMENT, INC., Naperville Marilyn Dale, Vice President of Marketing 630-245-7258 mdale@calamos.com, www.calamos.com