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Wiesenberger
Lipper

INVESCO FUNDS GROUP EXPANDS EXTERNAL WHOLESALE TEAM



Denver, CO ‚ December 19, 2000 - INVESCO Funds Group announced that the company is continuing its goal of expanding its wholesale team nationwide, adding ten new wholesalers in the past month. "We recognize that investors are seeking advice more and more from financial professionals. Our goal is to facilitate that need. Our wholesale team began the year with 12 people. We now have 29," said Ray Cunningham, Senior Vice President and National Sales Manager of INVESCO Funds Group.

Instrumental to this expansion has been the addition of the central region to the sales territory. Stuart Holland, Regional Sales Manager, was promoted internally to lead the central region expansion. Others joining the sales team are: Matt Lowell, Vice President, Senior Regional Wholesaler responsible for Northern Ohio; Dustin Raring, Vice President, Senior Regional Wholesaler responsible for south metropolitan Los Angeles area and Orange County; Louis Reynolds, Vice President, Senior Regional Wholesaler responsible for San Diego and Southern Nevada; John Treder, Vice President, Senior Regional Wholesaler, responsible for Long Island, New York; Brad Duffy, Vice President, Regional Wholesaler responsible for Southern Texas; David McCollum, Regional Wholesaler responsible for Nebraska, Kansas and Oklahoma; Michael Hawn, Regional Wholesaler responsible for Indiana and Southern Illinois; Larry Miller, Regional Wholesaler responsible for Tennessee, Kentucky and Southern Ohio; Mark Ballenger, Regional Wholesaler responsible for Western Pennsylvania and West Virginia; and Erik Sauer, Regional Wholesaler responsible for Delaware and Maryland.

Denver-based INVESCO Funds Group, with over $56 billion in assets under management (as of 9/30/00), is one of the premier mutual fund management companies in the United States, providing a wide and innovative range of investment products and services to individuals and institutions. It is a subsidiary of AMVESCAP PLC, a worldwide investment management company with over $414 billion in assets under management (as of 9/30/00). AMVESCAP is one of the world¼s largest individual investment managers, operating under the AIM and INVESCO brand names. AMVESCAP is a holding company offering a broad array of investment products and services to institutions and individuals across all distribution channels. The Company is listed on the London, New York, Paris, Toronto and Frankfurt Stock Exchanges with the symbol "AVZ."

Editors Note: INVESCO is required to include the following information with their news release. For more information on the INVESCO Funds, please call 1-800-255-6927 for a prospectus containing more complete information including management fees, general and fund specific investment risks, and expenses. Please read it carefully before you invest or send money. INVESCO Distributors Inc., Distributor.



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