AIM Investments(R) Announces Reorganization of 4 Funds

  
    
  
  
    
      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
    
    
      
        
          
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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

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