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PR Newswire
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Calamos Asset Management, Inc. Raises Dividend 29 Percent to 9 Cents Per Share


NAPERVILLE, Ill., Jan. 30 /PRNewswire-FirstCall/ -- As part of its annual review, the board of directors of Calamos Asset Management has approved a regular quarterly dividend of 9 cents per share, payable on Feb. 22, 2006 to shareholders of record on Feb. 7, 2006. This represents a 29 percent increase from the previous rate of 7 cents per share.

Calamos Asset Management, Inc. provides investment advisory services through its subsidiaries to institutional and individual investors. The firm's proprietary investment process emphasizes risk management across asset classes, including equity, high yield, convertible and alternative strategies. The investment team's goal is to generate strong returns for the Calamos mutual funds and separately managed accounts while minimizing the potential for loss and the variability of returns across market cycles. For more information, visit http://www.calamos.com/ .

From time to time, information or statements provided by us, including those within this news release, may contain certain forward-looking statements relating to future events, future financial performance, strategies, expectations and competitive environment, and regulations. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. For a discussion concerning these and other risks, uncertainties and other important factors that could affect future results, see "Forward-Looking Information" and, where applicable, "Business Risks" in the company's annual and quarterly reports filed with the U.S. Securities and Exchange Commission.

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