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IMPORTANT REMINDER
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February 2, 2000
AIM FLOATING RATE FUND
Special Meeting of Shareholders
to be held on Friday, February 25, 2000
Dear Shareholder:
Recently we distributed proxy material regarding the Special Meeting of
Shareholders for the AIM Floating Rate Fund (the "Fund") scheduled to take
place on FRIDAY, FEBRUARY 25, 2000. The Fund's records indicate that we
have not yet received your voting instructions. Please take a few moments
to cast your vote in order to reduce the need for additional solicitation
efforts or costly meeting adjournments. If you do not plan to attend the
Meeting, we need to receive your vote prior to the Meeting on Friday,
February 25, 2000.
The Fund is seeking your approval of two proposals relating to the
restructuring of the Fund, as well as two more routine proposals. Since
its inception in 1997, the Fund has grown to well over $400 million in net
assets. Despite this impressive growth, the Board of Directors of the Fund
(the "Board") believes that additional improvements to the Fund could
benefit Fund shareholders. For example, the Fund currently offers a single
class of shares to investors. In accordance with recent regulatory
developments, the Fund, if it reorganizes, could offer investors a choice
of shares similar to the choices available to shareholders in open-end
funds. For more information regarding these proposals, please refer to the
proxy statement previously mailed to you or call Shareholder
Communications Corporation, the Fund's proxy solicitation agent at
1-800-786-5285.
AFTER CAREFUL CONSIDERATION, THE BOARD HAS UNANIMOUSLY APPROVED EACH
PROPOSAL. THE BOARD BELIEVES THAT THESE CHANGES WILL BENEFIT THE FUND AND
ITS SHAREHOLDERS AND RECOMMENDS THAT YOU VOTE FOR EACH PROPOSAL.
For your convenience, we have established four easy methods for you to
vote:
1. BY INTERNET: Visit the website http://www.aimfunds.com and enter
the 12-digit control number found on your proxy card.
2. BY PHONE: Call 1-800-786-5285. Representatives are available
--------- to take your vote Monday through Friday between
9 a.m. and 11 p.m. and Saturday, noon to 6 p.m.
Eastern Time.
3. BY FAX: Complete the enclosed proxy card and fax it to
------- us toll-free at 1-800-733-1885, any time.
4. BY MAIL: Complete the enclosed proxy card and return it in
-------- the enclosed postage-paid envelope. Please utilize
this option only if methods one, two and three are
not available, since there is no guarantee that your
vote will be received in time for the Meeting.
REMEMBER, YOUR VOTE COUNTS. PLEASE VOTE TODAY!
Thank you for your cooperation.
