AIM Investments Announces Limited Offering of AIM International Small

    Business Editors

    HOUSTON--(BUSINESS WIRE)--March 4, 2005--AIM Investments(R) announced today that AIM International Small Company Fund will be offered on a limited basis to certain investors, effective at the close of business on March 14, 2005.
    The fund will still be available for investment to existing shareholders. Other investors, such as retirement plans and college savings plans, may also open new accounts upon approval of A I M Distributors, Inc., the fund's distributor. A complete list of eligible investors is available in the fund's prospectus.
    On Dec. 30, 2004, AIM International Emerging Growth Fund was renamed AIM International Small Company Fund.
    International investing presents certain risks not associated with investing solely in the United States. These include, for instance, risks related to fluctuations in the value of the U.S. Dollar relative to the values of other currencies, custody arrangements made for the fund's foreign holdings, political risks, differences in accounting procedures and the lesser degree of public information required to be provided by non-U.S. companies.
    Investing in emerging markets involves greater risk and potential reward than investing in more established markets.
    Investing in small companies involves greater risks than those associated with investing in more established companies, such as business risk, significant stock price fluctuations and illiquidity.
    The fund is nondiversified, which increases risk as well as potential reward.
    The fund may participate in the initial public offering (IPO) market in some market cycles. Because of the fund's small asset base, any investment the fund may make in IPO's may significantly affect the fund's total return. As the fund's assets grow, the impact of the IPO investments will decline, which may reduce the effect of IPO investments on the fund's total return.

    About AIM Investments

    Houston-based AIM Investments represents one of the nation's leading investment management companies. It is dedicated to building solutions for its clients with exceptional products and services through multiple investment management styles and a broad range of investment portfolios -- mutual funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. Founded in 1976, AIM Investments had $138 billion in assets under management as of Dec. 31, 2004. For more information, visit www.aiminvestments.com. AIM Investments is a service mark of A I M Management Group Inc. A I M Advisors, Inc., A I M Capital Management, Inc., AIM Private Asset Management, Inc., and AIM Alternative Asset Management Company, Inc. are the investment advisors for the products and services represented by AIM Investments. A I M Distributors, Inc. is the distributor for the retail mutual funds and Fund Management Company is the distributor for the institutional money market funds represented by AIM Investments.

    About AMVESCAP

    A I M Management Group Inc. is a subsidiary of AMVESCAP PLC, a leading independent global investment manager, dedicated to helping people worldwide build their financial security. Operating under the AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to deliver outstanding products and services through a comprehensive array of retail and institutional products for clients around the world. The Company, which had approximately $382 billion in assets under management as of Dec. 31, 2004, is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.amvescap.com.
    Note to editors -- We are required to include the following information with our news release:
    Consider the investment objectives, risks, and charges and expenses carefully before investing. For this and other important information about any AIM fund, please obtain a prospectus from your financial advisor and read it carefully before investing.

    A I M Distributors, Inc., Distributor.

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CONTACT: AIM, Houston James Aber, 713-214-7928 james.aber@aiminvestments.com or David Bachert, 713-214-1465 david.bachert@aiminvestments.com

KEYWORD: TEXAS INDUSTRY KEYWORD: BANKING BOND/STOCK RATINGS SOURCE: AIM

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