Let {T(t)}t≥0 be a C0–semigroup on a Banach space X with generator A, and let H∞T be the space of all x ∈ X such that the local resolvent λ ↦ R(λ, A)x has a bounded holomorphic extension to the right half–plane. For the class of integrable functions ϕ on [0, ∞) whose Fourier transforms are integrable, we construct a functional calculus ϕ ↦ Tϕ, as operators on H∞T. Weshow that each orbit T(·)Tϕx is bounded and uniformly continuous, and T(t)Tϕx → 0 weakly as t → ∞, and we give a new proof that ∥T(t)R(μ, A)x∥ = O(t). We also show that ∥T(t)Tϕx∥ → 0 when T is sun –reflexive, and that ∥T(t)R(μ, A)x∥ = O(ln t) when T is a positive semigroup on a normal ordered space X and x is a positive vector in H∞T.