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Wiesenberger
Lipper

INVESCO FUNDS GROUP NAMES INSTITUTIONAL SALES MANAGER



Denver, CO - December 4, 2001 - INVESCO Funds Group today announced the promotion of Stuart Holland to Vice President and Manager of Institutional Sales. Previously regional sales manager for the central region, Mr. Holland will now have the functional responsibility for management of INVESCOís institutional sales process with insurance companies, banks and other account mandates.

"Stuartís leadership has helped us build a significant presence in the central region of the country. He will now be responsible for developing business opportunities with existing and prospective institutional customers," said Tom Kolbe, National Sales Manager for INVESCO Funds Group.

Since joining the firm in 2000, Mr. Holland has focused on building the firmís presence in the central region, a territory encompassing 20 states. Prior to joining INVESCO, Mr. Holland was with Evergreen Funds and John Nuveen & Company. As Vice President and Institutional Sales Manager, Mr. Holland replaces Tom Kolbe, who was promoted to National Sales Manager earlier this year.

Harvey Fladeland, formerly a senior regional wholesaler, will replace Mr. Holland as regional manager for the central division. "Harvey has demonstrated a great understanding of our client - the financial consultant. His many levels of experience in our industry will allow him to step in and continue to position us for further growth in the central region," Kolbe added.

Denver-based INVESCO Funds Group, a subsidiary of AMVESCAP PLC, has over $30 billion in assets under management (as of 9/30/01), and is one of the premier mutual fund management companies in the United States. It provides a wide and innovative range of investment products and services to individuals and institutions. AMVESCAP has over $361 billion in assets under management (as of 9/30/01) and is one of the worldís largest individual investment managers, operating under the AIM and INVESCO brand names. The Company is listed on the London, New York, Paris, Toronto and Frankfurt Stock Exchanges with the symbo l "AVZ."

Editors Note: We are required to include the following information with our news release. For more information on INVESCO Funds, please call (800) 255-6927 for a prospectus containing more complete information including management fees and expenses. Please read it carefully before you invest or send money. INVESCO Distributors Inc., Distributor.



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