AIM Investments(R) Announces Changes to Management Team of AIM Blue Chip Fund

AIM Investments announced that Kirk L. Anderson becomes
lead portfolio manager of AIM Blue Chip Fund, effective today.
   Mr. Anderson replaces Monika H. Degan, who will retire from AIM on
July 15, 2005, to pursue personal interests.
   Mr. Anderson has been part of the management team of AIM Blue Chip
Fund since being promoted to portfolio manager in 2003. He joined AIM
in 1994 and became an equity analyst in 1997, working on the Large Cap
Growth Team, which helped support AIM Blue Chip Fund. Mr. Anderson
will continue to be supported by the Large Cap Growth Team. More
information about Mr. Anderson and the Large Cap Growth Team may be
found on the Management Teams page
(http://www.aiminvestments.com/generic/0,,1041_10279,00.html) of
AIMinvestments.com.
   The fund's investment objective and strategy will not change and
the fund will continue to maintain a conservative growth strategy.

   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 $131 billion in assets
under management as of March 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 $375 billion in assets under
management as of March 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