American Century Investments(R) Wins Lipper Leader 2008 Fund Awards

KANSAS CITY, Mo.--(Business Wire)--
American Century Fundamental Equity Fund, A class (AFDAX), is
among a select group of top-performing funds recognized by Lipper for
their consistent risk-adjusted returns. Fundamental Equity received
accolades for its first-place finish in the Large-Cap Core Funds
category for the three-year period at the annual Lipper Fund Awards
ceremony, held yesterday in New York City. Six additional American
Century Investments funds also received awards.

The fund, co-managed by Jerry Sullivan and Rob Brookby, was deemed
to "have excelled in delivering consistently strong risk-adjusted
performance, relative to peers," according to Lipper. The fund is
available solely through financial intermediaries, in various share
classes. Fundamental Equity seeks long-term capital growth, with
income as a secondary objective. It looks for common stocks of
companies that the fund's portfolio managers believe are priced
attractively in relation to their earnings growth potential and
estimated dividend production. Fundamental Equity finished first out
of 689 funds in its category and is one of 94 three-year
classification winners for the period ending 12/31/07. Past
performance is no guarantee of future results.

Six other American Century Investments funds also received awards
from Lipper for the following classifications and time periods:

-0-
*T
American Century LIVESTRONG 2045 Portfolio (AOOIX), Institutional
class
Classification: Mixed-Asset Target 2030+ Funds (80 total funds in
the category)
Time period: Three-year as of 12/31/07 (94 classification winners
in the three-year time period)

American Century Strategic Allocation Moderate Fund (TWSMX), Investor
class
Classification: Mixed-Asset Target Allocation Moderate Funds (130
total funds in the category)
Time period: Ten-year as of 12/31/07 (78 classification winners
in the 10-year time period)

American Century Global Growth Fund (AGGIX), Institutional class
Classification: Global Large-Cap Growth (55 total funds in the
category)
Time period: Five-year as of 12/31/07 (89 classification winners
in the five-year time period)

American Century International Growth Fund (TGRIX), Institutional
class
Classification: International Large-Cap Growth (24 total funds in
the category)
Time period: Ten-year as of 12/31/07 (78 classification winners
in the 10-year time period)

American Century California High-Yield Municipal Fund (BCHYX),
Investor class
Classification: California Municipal Debt Funds (99 total funds in
the category)
Time period: Five-year as of 12/31/07 (89 classification winners
in the five-year time period)

Classification: California Municipal Debt Funds (73 total funds in
the category)
Time period: Ten-year as of 12/31/07 (78 classification winners
in the 10-year time period)

American Century Equity Income Fund (TWEIX), Investor class
Classification: Equity Income Funds (85 total funds in the category)
Time period: Ten-year as of 12/31/07 (78 classification winners
in the 10-year time period)
*T

Data presented reflects past performance. Past performance is no
guarantee of future results. Current performance may be higher or
lower than the performance shown. Investment return and principle
value will fluctuate and redemption value may be more or less than the
original cost. Recent market conditions have had an adverse effect on
the funds' performance. To obtain current month-end fund performance,
go to www.americancentury.com.

About American Century Investments

American Century Investments is a leading investment manager with
50 years of experience helping investors achieve their financial
goals. Serving investment professionals, institutions, corporations
and individual investors, American Century Investments offers a broad
array of products across a variety of investment disciplines. With
offices in New York, Mountain View, Calif. and Kansas City, Mo., the
company manages approximately $93 billion(1) in assets through mutual
funds, institutional separate accounts, commingled trusts and
subadvisory accounts. James E. Stowers Jr. founded the company in
1958. Jonathan S. Thomas is president and chief executive officer, and
Enrique Chang is chief investment officer. For the past nine years,
American Century Investments, which employs 1,600 people, has been
selected as one of FORTUNE Magazine's 100 Best Companies to Work for
in America. For more information about the company, visit
www.americancentury.com.

About Lipper

Lipper, a wholly owned subsidiary of Reuters, provides independent
insight on global collective investments including mutual funds,
retirement funds, hedge funds, fund fees and expenses to the asset
management and media communities. Lipper is the world's leading fund
research and analysis organization covering over 177,000 share classes
and over 98,000 funds in 53 registered for sale (RFS) universes. It
provides the free Lipper Leader rating for mutual funds registered for
sale in 27 countries. Additional information is available at
www.lipperweb.com.

(1)Assets under management as of 3/31/2008

American Century Investment Services, Inc., Distributor

Before investing, carefully consider the fund's investment
objectives, risks, charges and expenses. Contact 1-800-345-6488 for a
prospectus containing this and other information. Read it carefully.

Lipper Ratings do not constitute and are not intended to
constitute investment advice or an offer to sell or the solicitation
of an offer to buy any security of any entity in any jurisdiction. As
a result, you should not make an investment decision on the basis of
this information. Rather, you should use Lipper Ratings for
informational purposes only. Certain information provided by Lipper
may relate to securities that may not be offered sold or delivered
within the United States (or any State thereof) or to, or for the
account or benefit of, United States persons.

Lipper is not responsible for the accuracy, reliability or
completeness of the information that you obtain from Lipper. In
addition, Lipper will not be liable for any loss or damage resulting
from information obtained from Lipper or any of its affiliates.

American Century Investments
Laura Kouri, 816-340-4710
Media Line: 816-340-7033

Copyright Business Wire 2008