Call Start: 17:00

Call End: 17:36

Calamos Asset Management ( CLMS)

Earnings Conference Call

October 26, 2010 04:00 pm ET

Executives

John P. Calamos – CEO, CIO, Sr. Chairman

Cris Wasaik – Chief Financial Officer

Jim Boyne – President Distribution and Operations

Jennifer McGoven - Director of Investor Relations

Mark Infanger - Controller.

Analysts

Adam Beatty - Bank of America Merrill Lynch

Larry Hetton - KBW

Alex Blossi - Goldman Sachs

Presentation

Operator

Ladies and Gentlemen this is the Operator. Today's conference call is scheduled to begin momentarily. Until that time your lines will again be placed on music hold. Thank you for your patience. This presentation may contain forward-looking statements relating to future events, future financial performance, strategies, expectations, the competitive environment and regulations. Forward-looking statements are based on information available at the time those statements are made and or management made in good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause factual performance to result and differ materially from those expressed in or suggested by the forward-looking statements. Such risks and uncertainties include but are not limited to loss of revenues due to contract terminations and redemptions, our ownership structure, changes in market conditions and the economy, catastrophic or unpredictable events, unavailability, a third party retail distribution channels, damage to our reputation, competitive conditions and poor performance of our investment strategies. For discussion concerning some of these and other risks, uncertainties and other important factors as it effects future results, see forward-looking information in managements discussion and analysis of financial conditions and results of operations and where applicable risk factors in the company's annual and quarterly reports filed with the U.S. Securities and Exchange Commission.

Good afternoon, my name is LaPorsche and I will be your conference operator today. At this time I would like to welcome everyone to the Calamos Third Quarter 2010 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks there will be a question and answer session. If you would like to ask a question during that time simply press start then the number one on your telephone keypad. If you'd like to withdraw your question press the pound key, thank you. Mr. Calamos, you may begin your conference.

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