CALAMOS ASSET A : Calamos Asset Management, Inc. Announces Assets Under Management as of December 31, 2008

NAPERVILLE, Ill., Jan. 14 /PRNewswire-FirstCall/ -- Calamos Asset Management, Inc. (Nasdaq: CLMS) today reported assets under management of $24.0 billion as of December 31, 2008, compared with $23.8 billion one month ago and $46.2 billion one year ago.

    At month end (in billions)    December 2008  November 2008  December 2007
    Mutual funds                     $17.5          $17.4          $34.8
    Separately managed accounts       $6.5           $6.4          $11.4
    Total assets under management    $24.0          $23.8          $46.2

Assets under management data as well as other important investor information can be found in the Investor Relations section of our web site at www.calamos.com. Beginning in fiscal 2009, Calamos Asset Management, Inc. will report assets under management solely through its web site.

About Calamos Asset Management

Calamos Asset Management, Inc. (NASDAQ: CLMS) is a diversified investment management firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals via separately managed accounts and open-end and closed-end funds, offering a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit www.calamos.com.

SOURCE Calamos Asset Management, Inc.