I've installed imagemagick on my server. It runs great for a couple of months now. I'm using it with coppermine (a gallery script).
Step 1:
Download all rpm's needed from here:
http://www.acenet-tech.org/cdj/imagemagick/ Step 2
Intall rpm's in this order:
1. XFree86-libs-4.2.0-8.i386.rpm
2. netpbm-9.24-3.i386.rpm
3. libungif-4.1.0-10.i386.rpm
4. libtiff-3.5.7-2.i386.rpm
5. netpbm-progs-9.24-3.i386.rpm
6. ImageMagick-5.4.9-1.i386.rpm
7. ImageMagick-devel-5.4.9-1.i386.rpm
8. ImageMagick-Magick++-5.4.9-1.i386.rpm
9. ImageMagick-perl-5.4.9-1.i386.rpm
Path to ImageMagick 'convert' utility is /usr/bin
If you also want to use text options, you have to install some fonts. I didn't check this part of this small howto, but I guess it's no problem to try.
Stap 1 Find gnu-gs-fonts-std-6.0.tar.gz somewhere (I can't find it at the moment)
Step 2 gunzip /usr/src/redhat/SOURCES/gnu-gs-fonts-std-6.0.tar.gz
Step 3: tar -xf /usr/src/redhat/SOURCES/gnu-gs-fonts-std-6.0.tar
Step 4: maak de directory '/usr/share/fonts/default/Type1' aan
Step 5: mv fonts/* /usr/share/fonts/default/Type1/