Press Releases


Calamos Announces Conference Call to Discuss Auction Rate Preferred Refinancing

NAPERVILLE, Ill., April 24, 2008-- Calamos Investments will host a conference call to discuss topics related to the recent auction rate preferred refinancing announcement of Calamos Strategic Total Return Fund (NYSE: CSQ) and Calamos Global Total Return Fund (NYSE: CGO).

The conference call will take place Monday, April 28, at 2:00 pm ET/1:00 pm CT. The conference call is accessible by dialing one of the following numbers:

Participant Dial-in:
*US/Canada Dial-in #: 800.379.3942
*Int'l/Local Dial-in #: 706.679.7206

Conference ID #: 44914033

You may also listen online: http://audioevent.mshow.com/344153/

Following the call, a replay will be available beginning at 5:00 pm ET/4:00 pm CT. To access the telephone replay, call the number listed below and provide the conference ID number:

Replay info:
Encore Dial-in #: 800.642.1687 or 706.645.9291
Encore Dates: 04/28/2008 - 05/06/2008 (end of day)

Conference ID #: 44914033

About Calamos

Calamos Investments offers five closed-end funds: the Calamos Convertible Opportunities and Income Fund (NYSE: CHI), the Calamos Convertible and High Income Fund (NYSE: CHY), the Calamos Strategic Total Return Fund (NYSE: CSQ), the Calamos Global Total Return Fund (NYSE: CGO) and the Calamos Global Dynamic Income Fund (NYSE: CHW).

Calamos Investments is a diversified investment firm offering equity, fixed-income, convertible and alternative investment strategies, among others. The firm serves institutions and individuals via separately managed accounts and a family of open-end and closed-end funds, providing a risk-managed approach to capital appreciation and income-producing strategies. For more information, visit: http://www.calamos.com/closedendfunds/default.aspx.

From time to time, information or statements provided by us, including those within this news release, may contain certain forward-looking statements relating to future events, future transactions, future financial performance, future potential costs, expectations, the competitive and regulatory environment and future market conditions. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Such risks and uncertainties include, but are not limited to: catastrophic or unpredictable events, changing costs of leverage, strategy implementation obstacles, fluctuations in the financial markets and the competitive conditions in the fund, asset management and broader financial services sectors and other risks inherent in the financial and trading markets, including liquidity issues.

SOURCE: Calamos Investments

CONTACT: Ken Fincher, Vice President of Calamos Advisors LLC,
+1-630-245-1076, kfincher@calamos.com
Web site: http://www.calamos.com


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