AIM Allocation Funds Exceed $1 Billion in Assets under Management; Investors Increasingly Accept Fundamental Benefits of Asset

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.