<PAGE> 1
CLASS A, CLASS B AND CLASS C SHARES OF
AIM GLOBAL TRENDS FUND
(A SERIES PORTFOLIO OF AIM SERIES TRUST)
Supplement dated October 16, 1998
to the Prospectus dated September 8, 1998
Effective October 19, 1998, INVESCO (NY), Inc. will resign as sub-advisor and
sub-administrator to AIM Global Trends Fund (the "Fund"). A I M Advisors, Inc.
will continue to serve as the manager and administrator for the Fund.
<PAGE> 2
ADVISOR CLASS OF
AIM GLOBAL TRENDS FUND
(A SERIES PORTFOLIO OF AIM SERIES TRUST)
Supplement dated October 16, 1998
to the Prospectus dated September 8, 1998
Effective October 19, 1998, INVESCO (NY), Inc. will resign as sub-advisor and
sub-administrator to AIM Global Trends Fund (the "Fund"). A I M Advisors, Inc.
will continue to serve as the manager and administrator for the Fund.
