AVZ Amvescap

AIM Investments announced today that the Boards of Trustees of the applicable funds have approved the reorganization of six AIM funds. A shareholder meeting is scheduled for Feb. 28, 2006, at which shareholders of the target funds will vote on their respective reorganizations. If approved by shareholders, the reorganizations of AIM Aggressive Growth Fund, AIM Blue Chip Fund and AIM Weingarten Fund are expected to be completed by March 10, 2006. If approved by shareholders, the reorganizations of AIM Mid Cap Growth Fund, AIM Premier Equity Fund and AIM Small Company Growth Fund are expected to be completed by March 24, 2006. Shareholders of the target funds will be sent a proxy statement/prospectus in due course in advance of the meeting containing detailed disclosures regarding the proposed reorganizations. The funds approved for reorganizations are: -0- *T Existing Fund Acquiring Fund Acquiring Fund Management Team ----------------- ------------------ ---------------------------- AIM Aggressive AIM Constellation Lanny H. Sachnowitz (Lead), Growth Fund Fund Kirk L. Anderson, James G. Birdsall, Robert Lloyd (assisted by the Large/Multi-Cap Growth Team) ----------------- ------------------ ---------------------------- AIM Blue Chip AIM Large Cap Geoffrey V. Keeling (Co), Fund Growth Fund Robert L. Shoss (Co) (assisted by the Large/Multi-Cap Growth Team) ----------------- ------------------ ---------------------------- AIM Mid Cap AIM Dynamics Fund Paul J. Rasplicka (Lead), Growth Fund Karl Farmer (assisted by the Mid Cap Growth/GARP Team) ----------------- ------------------ ---------------------------- AIM Premier AIM Charter Fund Ronald S. Sloan (Lead) Equity Fund (assisted by the Mid/Large- Cap Core Team) ----------------- ------------------ ---------------------------- AIM Small Company AIM Small Cap Juliet S. Ellis (Lead), Juan Growth Fund Growth Fund (a) R. Hartsfield (assisted by the Small Cap Core/Growth Team) ----------------- ------------------ ---------------------------- AIM Weingarten AIM Constellation Lanny H. Sachnowitz (Lead), Fund Fund Kirk L. Anderson, James G. Birdsall, Robert Lloyd (assisted by the Large/Multi-Cap Growth Team) ----------------- ------------------ ---------------------------- (a) As of the end of business on March 18, 2002, AIM Small Cap Growth Fund has limited public sales of its shares to certain investors. For more information on who may continue to invest in the fund, please see the prospectus. *T 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 $129 billion in assets under management as of Sept. 30, 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 $381 billion in assets under management as of Sept. 30, 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.