AVZ Amvescap

AIM Investments announced today that AIM's allocation products, a group of seven mutual funds that offer investors a simplified approach to achieving asset allocation and diversification, has exceeded $1 billion in assets under management. "This milestone is a reflection of investors' increasing acceptance of the fundamental benefits of asset allocation," said Mark Williamson, President and Chief Executive Officer of AIM Investments. "By providing seven distinct allocation funds, each with its own risk level and target allocation across various asset classes, we can help advisors build quality solutions based on their clients' financial goals and risk tolerance." Each fund in AIM's line of allocation products is a "fund of funds" and uses strategic asset allocation by selecting underlying AIM funds to represent broad asset classes. "This achievement underscores our growing reputation for quality investment management across all asset classes regardless of geography, market cap, or investment style," Mr. Williamson said. The first three funds - AIM Conservative Allocation Fund, AIM Growth Allocation Fund (formerly AIM Aggressive Allocation Fund) and AIM Moderate Allocation Fund--were launched on April 30, 2004. AIM Moderate Growth Allocation Fund and AIM Moderately Conservative Allocation Fund followed on April 29, 2005. AIM Income Allocation Fund and AIM International Allocation Fund opened to new investors on Oct. 31, 2005. Important Information About Investing in the AIM Allocation Funds Each fund is a "fund of funds," which means that it invests its assets in other underlying mutual funds advised by A I M Advisors, Inc. The advisor may change the fund's asset class allocations, the underlying funds or the target weightings in the underlying funds at its discretion. Investing in funds that invest internationally presents certain risks not associated with investing solely in the United States. These include, for instance, risks relating to fluctuations in the value of the U.S. dollar relative to the values of other currencies, the custody arrangements made for the fund's foreign holdings, political and economic risks, differences in accounting procedures, the lesser degree for public information required to be provided by non-U.S. companies, and relatively low market liquidity. Investors will bear not just their share of the fund's operational expenses, but also, indirectly, the operating expenses of the underlying funds. 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 $128 billion in assets under management as of Dec. 31, 2005. 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., and AIM Private Asset Management, 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 $386 billion in assets under management as of Dec. 31, 2005, 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.