January 04, 2005 06:02 ET

Hubert L. Harris, Jr. Steps Down from AMVESCAP Board




JANUARY 4, 2005 - 06:02 ET

Hubert L. Harris, Jr. Steps Down from AMVESCAP Board

LONDON--(CCNMatthews - Jan 4, 2005) -

Remains CEO of INVESCO NA, Member of Executive Management Committee

AMVESCAP PLC (NYSE:AVZ)(LSE:AVZ)(TSX:AVZ) today announced that Hubert L.
(Herky) Harris, Jr. has resigned from the Board of Directors of AMVESCAP
PLC effective December 31, 2004.

Mr. Harris remains chief executive officer of INVESCO North America,
chairman of the Board of AMVESCAP Retirement and a member of the
Executive Management Committee of AMVESCAP. With Mr. Harris' departure,
the Board consists of 12 members, eight of whom are non-executives.

"Herky Harris has been a valuable asset to the AMVESCAP Board and I am
especially pleased that he will continue to serve the company in his
current position with INVESCO and as a member of AMVESCAP's Executive
Management Committee," said Charles Brady, executive chairman, AMVESCAP.

The INVESCO North America division, which traces its roots back to 1971,
manages more than $103 billion in assets for a wide array of
institutional and retail clients. The firm is exclusively focused on
providing comprehensive investment solutions through a range of asset
classes, including domestic and international equities, fixed income and
alternative investment structures. The firm's goal is to provide its
clients with consistent, outstanding performance and top quartile client
service. The cornerstone of the firm's success has been disciplined,
repeatable investment processes and leading-edge qualitative and
quantitative proprietary research resources that are employed in each of
the investment strategies.

AMVESCAP is a leading independent global investment manager, dedicated
to helping people worldwide build their financial security. Operating
under the AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to
deliver outstanding products and services through a comprehensive array
of retail and institutional products for clients around the world. The
Company is listed on the London, New York and Toronto stock exchanges
with the symbol "AVZ." Additional information is available at

This release may include statements that constitute "forward-looking
statements" under the United States securities laws. Forward-looking
statements include information concerning possible or assumed future
results of our operations, earnings, liquidity, cash flow and capital
expenditures, industry or market conditions, assets under management,
acquisition activities and the effect of completed acquisitions, debt
levels and the ability to obtain additional financing or make payments
on our debt, regulatory developments, demand for and pricing of our
products and other aspects of our business or general economic
conditions. In addition, when used in this report, words such as
"believes," "expects," "anticipates," "intends," "plans," "estimates,"
"projects," and future or conditional verbs such as "will," "may,"
"could," "should," and "would," or any other statement that necessarily
depends on future events, are intended to identify forward-looking

Forward-looking statements are not guarantees of performance. They
involve risks, uncertainties and assumptions. Although we make such
statements based on assumptions that we believe to be reasonable, there
can be no assurance that actual results will not differ materially from
our expectations. We caution investors not to rely unduly on any
forward-looking statements. In connection with any forward-looking
statements, you should carefully consider the areas of risk described in
our most recent Annual Report on Form 20-F, as filed with the United
States Securities and Exchange Commission (SEC). You may obtain these
reports from the SEC's website at www.sec.gov.


Contact Information

    Michael Perman, + 44 (0) 207 065 3942
    Bill Hensel, + 1 404-479-2886