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Class A, B and C Shares of:
AIM BLUE CHIP FUND
Supplement dated June 3, 1999
To the Prospectus dated March 1, 1999,
As revised April 23, 1999
Effective June 7, 1999, the following replaces in its entirety the information
appearing under the heading "EXCHANGING SHARES -- EXCHANGE CONDITIONS" on page
A-6 of the prospectus:
"The following conditions apply to all exchanges:
o You must meet the minimum purchase requirements for the AIM Funds
into which you are exchanging;
o Shares of the AIM Fund you wish to acquire must be qualified for
sale in your state of residence;
o Exchanges must be made between accounts with identical registration
information;
o The account you wish to exchange from must have a certified tax
identification number (or the Fund has received an appropriate Form
W-8 or W-9);
o Shares must have been held for at least one day prior to the
exchange; and
o If you have physical share certificates, you must return them to
the transfer agent prior to the exchange.
Beginning September 15, 1999, the following exchange condition will apply:
o Because excessive short-term trading or market-timing activity can
hurt fund performance, you are limited to a maximum of 10 exchanges
per calendar year. If you exceed that limit, or if an AIM Fund or
the distributor determines, in its sole discretion, that your
short-term trading is excessive or that you are engaging in
market-timing activity, it may reject any additional exchange
orders. An exchange is the movement out of (redemption) one AIM Fund
and into (purchase) another AIM Fund."
