CALAMOS Closed-End Funds Announces Release of Monthly Portfolio Data


NAPERVILLE, Ill., March 17, 2004 (PRIMEZONE) -- CALAMOS INVESTMENTS has released the monthly portfolio data including asset allocation, quality allocation, representative holdings, sector weightings and other fund characteristics for the CALAMOS Convertible Opportunities and Income Fund (NYSE:CHI) (Cusip No.: 128117108) and the CALAMOS Convertible and High Income Fund (NYSE:CHY) (Cusip No.: 12811P108). The information will be posted on CALAMOS' website at: (www.calamos.com). Printed copies can be obtained by calling (800) 582-6959.

About CALAMOS INVESTMENTS

CALAMOS INVESTMENTS provides professional money management services to clients that include major corporations, public and private institutions, pension funds, insurance companies and individuals and is an investment advisor to open-end and closed-end funds. It offers high yield, equity, global, growth and income, convertible, and alternative investment strategies. Engaged in securities research and investing since 1977, the firm manages approximately $26.1 billion in assets as of February 29, 2004.

Past performance is no guarantee of future results. You can purchase or sell common shares daily. Like any other stock, market price will fluctuate with the market. Upon sale, your shares may have a market price that is above or below net asset value and may be worth more or less than your original investment. Due to ongoing market volatility, performance is subject to substantial short-term fluctuations.



            

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