Colin Meadows, CAO

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Invesco
Sandler ONeill Global Exchange and Electronic
Trading Conference
June 6, 2008

• Colin Meadows, CAO

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Forward-Looking Statements

• This presentation 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  release, words such
  as "believes," "expects," "anticipates,"
  "intends," "plans," "estimates," "projects" and
  future or conditional verbs such as "will,"
  "may," "could," "should," and "would" and any
  other statement that necessarily depends on
  future events, are intended to identify
  forward-looking statements.
• 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 10-K and any subsequent Quarterly Reports on
  Form 10-Q, as filed with the United States
  Securities and Exchange Commission (SEC). You
  may obtain these reports from the SECs Web site
  at www.sec.gov. We expressly disclaim any
  obligation to update any of the information in
  this or any other public disclosure if any
  forward-looking statement later turns out to be
  inaccurate, whether as a result of new
  information, future events or otherwise.

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Who We AreA global leader in investment
management
Mission Helping people worldwide build their
financial security

• Were one of the worlds leading independent
  global investment management firms.
• We draw on the strength of many resources
• 470.3 (U.S.) billion in assets under management
• Client support in 20 countries serving clients in
  more than 100 countries
• 13 specialized investment centers
• More than 5,000 employees worldwide
• More than 500 investment professionals
• We deliver on a single focus investment
  management.
• We have the leadership, resources and integrity
  to look after our clients interests
• Long history of managing assets for clients on a
  global basis
• Publicly traded on New York Stock Exchange with
  10.3 billion in market capitalization

All data as of March 31, 2008, unless otherwise
noted. Source Invesco Ltd.
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2007-2008 Summary Industry Trends
We Identified A Set of Key Trends That Appear To
Be Shaping The Future of Our Industry

• Shifting Demographics ageing population in
  developed world increasing focus on retirement
  assets
• Total Relationship Focus sophisticated global
  distributors looking at multiple factors in
  addition to investment performance
• Separation of Alpha Beta continued acceptance
  and growth of alternatives, ETFs, and
  structured products
• Globalization of Investment Markets steady
  growth in established markets augmented by
  rapid growth in demand from emerging markets
• Scale and Relevance asset flows and operating
  efficiency appear to benefit from increased scale
  and relevance to distributors
• War for Talent effectiveness in developing and
  retaining high performance organization
  increasingly critical to long term success

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Our Strategic Priorities
The Markets Are Global and So is Our Company
Achieve strong investment performance
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Deliver our investment capabilities anywhere in
the world to meet client needs
2
Build a high- performance organization
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Our Aspiration Take advantage of our world of
opportunity to become a premier global
investment management firm
Unlock the power of our global operating platform
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The Value We Deliver to Our Clients

• 1 Commitment to investment excellence
• Clearly articulated investment disciplines
  aligned with client expectations and
  underpinned by diligent oversight and rigorous
  quality control processes

• 2 Specialized investment expertise globally
• Distinctive investment teams designed around
  unique asset class, product or regional
  expertise

• 3 Diversified strategies
• Investment solutions across all major equity,
  fixed-income and alternative asset classes

• 4 Multiple delivery vehicles
• Investment strategies delivered to clients
  through various packaging options

• 5 Global reach
• Distributional and operational strength and
  breadth to deliver solutions independently and
  objectively through local knowledge and brands

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Commitment to Investment Excellence

• A focus on delivering investment quality is
  inherent to our mission.
• Achieving strong investment performance is our
  top strategic priority.
• Our operating structure puts investments at the
  heart of our activity for the benefit of our
  clients.
• Were dedicated to attracting and retaining top
  investment talent.

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Specialized Investment Capabilities Globally
Investment management team network Each of
Invescos investment centers adheres to clearly
defined investment strategies and philosophies
intended to align with client expectations.
Harnessing the distinct expertise at each
center, Invescos teams draw on the strength of
global resources and independent vision provided
by

• The stability of 470 billion in assets under
  management (AUM)
• More than 500 investment professionals worldwide
• Investment centers operating in 25 cities in 12
  countries
• Client support in 20 countries
• The value of a single focus managing our
  clients money

Data as of March 31, 2008 Note The listed
centers do not all provide products or services
that are available in the U.S., nor are their
products and services available on all platforms.
Not all of the Invesco brands listed are
available in all countries, nor are they
available on all platforms. Please consult with
your Invesco representative for more information
on any of our brands mentioned. Source Invesco
Ltd.
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Invesco Delivers Investment Strategies That Meet
Our Clients Diverse Needs
Diversified Investment Strategies

• Equity
• Market cap
• Investment style
• Global/regional/single country
• Developed/Emerging
• Sector
• Quantitative
• Asset Allocation
• Traditional balanced
• Target maturity
• Target risk
• Fixed Income and Cash
• Duration
• Quality
• Sector
• Global/regional/single country
• Developed/Emerging

• Alternatives
• Real Estate
• Public real estate securities
• Private direct real estate
• US, Asian, European, Global
• Private Equity
• Direct
• Distressed
• Fund of Funds
• Buyout, VC, Emerging
• Absolute Return
• Market Neutral
• GTAA
• Active Currency
• Multi-strategy
• Alternative Beta
• Directional Long/Short (130/30)
• Financial Structures
• CDO/CLO/CSO

Delivered the Way Our Clients Want

• Institutional separate accounts
• Collective trusts
• Mutual funds (onshore offshore)
• Exchange-traded funds (ETFs)
• Private placements
• Sub-advised
• SMA/UMA
• Variable insurance funds

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Strength Through Diversification AUM By Asset
Classes
March 31, 2008 AUM 470.3B
December 31, 2005 AUM 386.3B
Alternatives
Alternatives
Stable Value
Stable Value
Fixed Income
Fixed Income
Equities
Equities
Money Market
Money Market
Balanced
Balanced
2005-08 change
177.5B 41.2B 50.3B 49.3B 46.8B 21.2B
Equity Balanced Money Market Fixed Income Stable
Value Alternatives
215.2B 37.2B 87.3B 40.2B 30.2B 60.2B
Equity Balanced Money Market Fixed Income Stable
Value Alternatives
21 (10) 74 (18) (35) 184
470.3B
Total
386.3B
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Total
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Strength Through Diversification AUM By Channels
March 31, 2008 AUM 470.3B
December 31, 2005 AUM 386.3B
High Net Worth
High Net Worth
Institutional
Institutional
Retail
Retail
2005-08 change
179.8B 190.2B 16.3B
Institutional Retail High Net Worth
224.8B 228.7B 16.8B
Institutional Retail High Net Worth
25 20 3
470.3B
386.3B
Total
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Total
Includes separate accounts, collective funds,
and investment trusts, includes the AIM
Institutional cash assets Includes open-end
funds, closed-end funds, wrap account, and
sub-advised accounts 100
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Strength Through Diversification AUM By Client
Domicile
March 31, 2008 AUM 470.3B
December 31, 2005 AUM 386.3B
Asia
Asia
Canada
Canada
Europe
Europe
United States
United States
United Kingdom
United Kingdom
2005-08 change
281.7B 81.8B 33.0B 42.1B 31.7B
United States United Kingdom Europe Canada Asia
235.6B 53.6B 32.0B 42.2B 22.9B
United States United Kingdom Europe Canada Asia
19 53 3 (0.2) 38
470.3B
Total
386.3B
Total
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A Leader in Global Investment Management
Large U.S.-Based Asset Managers With Global
Client Bases Share of Client Assets From Outside
the U.S. As of Year-End 2007
Invesco
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Invesco is positioned to capture assets in key
markets
Top 10 Markets with Highest Projected Assets
Available to Outside Managers
20062011 Country 2011 AUM(E) CAGR
(E) Invesco Presence
8.9
ü
34,866
8.9
ü
6,510
11.3
ü
2,116
6.8
ü
1,877
8.7
ü
1,804
( billions)
6.2
ü
1,669
8.9
ü
1,630
5.7
ü
1,560
5.9
1,043
ü
9.9
ü
878
Source Cerulli. Data as of June 30, 2007. The
top 10 markets listed are those with the highest
projected 2011 AUM. Includes mutual fund and
retirement assets only. Source Invesco Ltd.
Data as of March 31, 2008. All asset figures
provided in US Dollars
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Annual Long-Term and Institutional Money Market
Flows
Annual Long-Term Flows ( billions)
Growth in Institutional Money Market ( billions)
Gross sales
Gross redemptions
Net sales
Stable value excluded beginning April 1, 2007
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Investment Performance OverviewAsset Weighted
3-Year Performance
Includes rated AUM of 380.0bn
Includes rated AUM of 358.8bn
December 31, 2007
March 31, 2008
Rated AUM as of March 31, 2008 was 358.8bn.
Rated AUM as of December 31, 2007 was 380.0
billion. Unrated assets as of March 31, 2008
112.6bn Private Wealth 17bn, CDOs 13bn, US
Institutional 7bn, Private Equity 5bn, Real
Estate 22bn, Stable Value Div. FI 30bn, SPG
8bn, Other assets 10bn
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Improving Operating Results
507
Assets and Flows
IVZ Change (06/30/05 03/30/08)
Assets under management and Net Flows (
billions)
Operating income ( millions)
Net Operating margin ()
Net Flows (bn)
(16.2)
(1.4)
(3.4)
(8.4)
See the Schedule of Non-GAAP Information in the
appendix of this presentation for a
reconciliation of net operating margin to the
most directly comparable US GAAP financial
measure.
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Well Positioned for Growth

• Invesco is a strong global firm
• We are building real momentum in terms of
• Investment performance
• Assets and flows
• Business performance
• Delivering the combined power of our distinctive
  worldwide investment management capabilities adds
  substantial value for our clients
• We are committed to achieving investment
  excellence
• Led by a powerful strategy that delivers on our
  aspiration to become a premier global investment
  management organization

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Questions Answers
Sandler ONeill Global Exchange and Electronic
Trading Conference
June 6, 2008
Colin Meadows, CAO
20
Schedule of Non-GAAP Information
( Millions)
Operating margin is equal to operating income
divided by operating revenues. Net operating
margin is equal to net operating income divided
by net revenues.
(1) Net revenues, net operating income and net
operating margin are non-GAAP financial measures.
Management believes that these measures are
additional meaningful measures to evaluate our
operating performance. The most comparable U.S.
GAAP measures are operating revenues, operating
income and operating margin. Management believes
that the deduction of third-party distribution,
service and advisory costs from operating
revenues in the computation of net revenues and
the related computation of net operating margin
provides useful information to investors because
the distribution, service and advisory fee
amounts represent costs that are passed through
to external parties, which essentially are a
share of the related revenues.  Management also
believes that the addition of our proportional
share of operating revenues, net of distribution
fees, from joint venture investments in the
computation of net revenues and the addition of
our proportional share of operating income in the
related computations of net operating income and
net operating margin also provides useful
information to investors, as management considers
it appropriate to evaluate the contribution of
its growing joint venture investment to the
operations of the business. Net revenues, net
operating income and net operating margin should
not be considered as substitutes for any measures
derived in accordance with U.S. GAAP and may not
be comparable to other similarly titled measures
of other companies.