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RETAIL CLASSES OF AIM EQUITY FUNDS, INC.
AIM BLUE CHIP FUND
Supplement dated April 4, 1997
to the Prospectus dated January 15, 1997
as revised March 17, 1997
Monika H. Degan has been added as Portfolio Manager for the Fund. Ms.
Degan has been responsible for the Fund since April 1, 1997. She has been
associated with AIM and/or its affiliates since 1995 and has six years of
experience as an investment professional. Prior to joining AIM, Ms. Degan was
Senior Financial Analyst for Shell Oil Co. Pension Trust from 1991-1995.
