AVZ Amvescap

AIM Investments announced today that the Boards of Trustees of the applicable funds have approved the following reorganizations: AIM Opportunities I Fund into AIM Small Cap Equity Fund AIM Opportunities II Fund into AIM Select Equity Fund AIM Opportunities III Fund into AIM Select Equity Fund AIM Advantage Health Sciences Fund into AIM Global Health Care Fund All proposed reorganizations are subject to shareholder approval. A shareholder meeting is scheduled for March 15, 2007, at which shareholders of the target funds will vote on their respective reorganizations. If approved by shareholders, the reorganizations are expected to be completed on or about March 26, 2007. About AIM Investments AIM Investments 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, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.aiminvestments.com. AIM Investments had approximately $146 billion in assets under management as of Sept. 30, 2006. 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 $441 billion in assets under management as of Sept. 30, 2006, 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 --AIM-- AIM Investments announced today that the Boards of Trustees of the applicable funds have approved the following reorganizations: -- AIM Opportunities I Fund into AIM Small Cap Equity Fund -- AIM Opportunities II Fund into AIM Select Equity Fund -- AIM Opportunities III Fund into AIM Select Equity Fund -- AIM Advantage Health Sciences Fund into AIM Global Health Care Fund All proposed reorganizations are subject to shareholder approval. A shareholder meeting is scheduled for March 15, 2007, at which shareholders of the target funds will vote on their respective reorganizations. If approved by shareholders, the reorganizations are expected to be completed on or about March 26, 2007. About AIM Investments AIM Investments 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, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.aiminvestments.com. AIM Investments had approximately $146 billion in assets under management as of Sept. 30, 2006. 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 $441 billion in assets under management as of Sept. 30, 2006, 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 -0- *T --AIM-- *T