COLUMBUS, Ohio, Jan. 12 /PRNewswire/ -- Banc One Investment Management
Group* and INVESCO Retirement Plan Services, a subsidiary of AMVESCAP PLC,
announced today that they have formed a relationship to provide a retirement
product called "Pathways to Retirement with Banc One SM," a full service
program featuring an integrated package of services for employers and plan
participants.
    The agreement brings together two industry leaders in financial services.
Banc One Investment Management Group will be responsible for sales, marketing
and participant education, while INVESCO Retirement Plan Services will be
responsible for administration and recordkeeping.  Fourteen mutual funds and
other collective investment funds from INVESCO, PRIMCO and the AIM Family of
Funds will be available, and 14 funds from The One Group(R), the proprietary
fund family of BANC ONE CORPORATION, will be offered.
    "We are very excited to be working with INVESCO. They have a reputation of
providing leading edge administration and recordkeeping services and well-
respected funds," said John Alexander, senior managing director of Defined
Contribution Services for Banc One Investment Management Group. "This
relationship will provide an excellent cost effective multi-manager retirement
product to our target market segments."
    "The affiliation between INVESCO Retirement Plan Services and Banc One
makes sense because it leverages Banc One's local relationships with INVESCO's
technology and administrative expertise," said Bob O'Connor, chief executive
officer of INVESCO Retirement Plan Services. "Together, our strengths
are perfectly suited to provide clients with a product that will meet their
needs and, just as important, the needs of the plan participants."
    Some of the key components of the program include: customized
communications for plan participants, multi-manager investment products,
innovative technology such as paperless enrollment, loans and personalized
asset allocation graphics.
    Atlanta-based INVESCO Retirement Plan Services is one of the largest
401(k) providers in the nation and is well positioned to provide the finest
defined contribution plan services to companies of all sizes.  It is a
subsidiary of AMVESCAP PLC, one of the world's largest independent investment
managers with more than $192 billion in assets under management.  AMVESCAP is
a holding company whose operating companies offer a broad array of investment
products and services to institutions and individuals across all distribution
channels.  AMVESCAP operates under the AIM and INVESCO brand names and is
listed on the London and New York Stock Exchanges with the symbol "AVZ."
    Banc One Investment Management Group provides a full array of financial
services to individuals and institutions, including investment management,
trusts, estate administration, retirement services, corporate trust, document
custody and securities lending.  Banc One Investment Management Group is
comprised of various affiliates of BANC ONE CORPORATION.  BANC ONE CORPORATION
(NYSE: ONE) has assets of $142.9 billion and common equity of $9.9 billion as
of Sept. 30, 1997.  BANC ONE operates more than 1,200 banking centers in 12
states.  BANC ONE owns several additional corporations that engage in a full
range of financial services.  Information about BANC ONE's financial results
and its products and services can be accessed on the Internet at
http://www.bankone.com, through InvestQuest at http://www.investquest.com, or
through Fax-on-Demand at 614-844-3860.
    *Investment management products and services are made available through
various affiliates of BANC ONE CORPORATION.

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