<PAGE> 1
SCHEDULE 14A
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. ____)
<TABLE>
<S> <C>
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12
</TABLE>
AIM SPECIAL OPPORTUNITIES FUNDS
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and
0-11.
(1) Title of each class of securities to which transaction applies:
- --------------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
- --------------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee
is calculated and state how it was determined):
- --------------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
- --------------------------------------------------------------------------------
(5) Total fee paid:
- --------------------------------------------------------------------------------
[ ] Fee paid previously with preliminary materials
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
- --------------------------------------------------------------------------------
(2) Form, Schedule or Registration Statement No.:
- --------------------------------------------------------------------------------
(3) Filing Party:
- --------------------------------------------------------------------------------
(4) Date Filed:
- --------------------------------------------------------------------------------
<PAGE> 2
[Market SCOREBOARD LOGO] [ONLINE PROXY VOTING LOGO] [ADJUSTING YOUR
PORTFOLIO LOGO]
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Market Commentary: Portfolio Manager Scot Johnson discusses the FOMC Meeting
AIM Web Site Receives Highest Dalbar Rating (Press Release)
AIM opens AIM Mid Cap Opportunities Fund and AIM Mid Cap Growth Fund to new
investors. (Press Releases)
AIM closes AIM Small Cap Opportunities Fund and AIM Small Cap Growth Fund to
new investors. (Press Releases)
==============================================================================
For more complete information about any AIM funds, including sales charges and
expenses, view or ask your financial consultant for a prospectus(es). Please
read the prospectus(es) carefully before you invest or send money. For
additional information, ask your financial consultant for an investor guide of
the fund(s).
The minimum requirements for viewing this site are
Netscape Navigator 3.0 or Microsoft Internet Explorer 3.0
Please visit our tools page to download copies.
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- --Registered Trademark-- 1999 A I M Management Group Inc. All Rights Reserved.
Important Legal Information.
A I M Distributors, Inc., Fund Management Company
<PAGE> 3
PROXY INFORMATION
In November, shareholders of AIM Mid Cap Opportunities Fund and AIM Small Cap
Opportunities Fund were mailed a proxy statement asking for approval to: (1)
elect trustees; (2) approve a new Master Investment Advisory Agreement; (3)
amend fundamental investment restrictions; (4) change the Funds' investment
objectives from fundamental to non-fundamental; and (5) ratify the selection of
independent accountants.
You can go directly to General Questions and Answers About Proxy Voting, view
the Annual Reports or cast your vote by any of the following methods:
WAYS TO VOTE
BY INTERNET
(AIM Mid Cap Opportunities Fund and AIM Small Cap Opportunities Fund
shareholders only)
Online Proxy Voting. Enter the 12-digit control number listed on the proxy
card you received in the mail, then follow the instructions on the website.
BY MAIL
(AIM Mid Cap Opportunities Fund and AIM Small Cap Opportunities Fund
shareholders only)
Complete and sign the proxy card and return it in the envelope enclosed
with the shareholder mailing.
BY FAX
(AIM Mid Cap Opportunities Fund and AIM Small Cap Opportunities Fund
shareholders only)
Fax your proxy card to Shareholder Communications Corporation (SCC), the
fund's proxy solicitor, at 1-800-733-1885.
BY TELEPHONE
(AIM Mid Cap Opportunities Fund and AIM Small Cap Opportunities Fund
shareholders only)
Call toll free 1-800-482-9730. Enter the 12-digit control number listed on
the proxy card, then follow the recorded instructions.
However you choose to vote, it is important that you vote now to save the
expense of additional solicitations.
IF YOU HAVE ANY QUESTIONS ...
AIM will assist shareholders in the voting process. If you have any questions,
we invite you to call AIM toll-free at 1-800-454-0327 any business day between
7:30 a.m. and 5:30 p.m. central time.
If we have not received your proxy card before December 20, the date of the
meeting, an SCC representative may call you to remind you to exercise your
right to vote.
<PAGE> 4
==============================================================================
For more complete information about any AIM funds, including sales charges and
expenses, view or ask your financial consultant for a prospectus(es). Please
read the prospectus(es) carefully before you invest or send money. For
additional information, ask your financial consultant for an investor guide of
the fund(s)
INVESTMENT PRODUCTS OFFERED ARE: [NOT FDIC INSURED] [May Lose Value]
[No Bank Guarantee]
A I M DISTRIBUTORS, INC. 11/1999
- --Registered Trademark-- 1999 A I M Management Group Inc. All Rights Reserved.
Important Legal Information.
<PAGE> 5
ANNUAL REPORTS
Below are links to the most recent annual reports in Portable Document Format
for each of these AIM Funds.
Annual reports are in PDF format. You must have Adobe Acrobat Reader installed
to view these documents. Please visit our Tools Download page to obtain this
plug in.
o AIM Mid Cap Opportunities Fund
o AIM Small Cap Opportunities Fund
- -------------------------------------------------------------------------------
For more complete information about any AIM funds, including sales charges and
expenses, view or ask your financial consultant for a prospectus(es). Please
read the prospectus(es) carefully before you invest or send money. For
additional information, ask your financial consultant for an investor guide of
the fund(s).
INVESTMENT PRODUCTS OFFERED ARE: [NOT FDIC INSURED] [May Lose Value]
[No Bank Guarantee]
A I M DISTRIBUTORS, INC. 11/1999
- --Registered Trademark--1999 A I M Management Group Inc. All Rights Reserved.
Important Legal Information.
<PAGE> 6
QUESTIONS AND ANSWERS ABOUT PROXY VOTING
FOR SHAREHOLDERS OF
AIM MID CAP OPPORTUNITIES AND
AIM SMALL CAP OPPORTUNITIES FUNDS
We encourage you to read the proxy statement in full; however, the following
represent some typical questions that shareholders might have regarding the
proxy statement.
1. What am I being asked to vote on?
2. How does the Board recommend that I vote?
3. What kinds of changes are proposed for the investment advisory agreement
with A I M Advisors, Inc?
4. How would adopting a performance-based management fee benefit me?
5. What kinds of changes are being proposed to funds' objectives and
investment restrictions?
6. Will any of the proposed changes affect the value of my account?
7. Why should I bother to vote?
8. Has AIM contracted for the services of a proxy solicitor?
9. How do I register my vote?
10. Will my vote be confidential using the online proxy voting system?
11. How do I sign the proxy card?
12. What is the deadline for voting?
1. WHAT AM I BEING ASKED TO VOTE ON?
There are five issues:
o Electing trustees.
o Approving a new advisory agreement with A I M Advisors, Inc.
o Amending the funds' fundamental investment restrictions.
o Changing the funds' investment objectives from fundamental to
nonfundamental policies.
o Ratifying the Board's selection of the independent accountants.
2. HOW DOES THE BOARD RECOMMEND THAT I VOTE?
The Board recommends that you vote FOR all the proposals on the proxy card.
<PAGE> 7
3. WHAT KINDS OF CHANGES ARE PROPOSED FOR THE INVESTMENT ADVISORY AGREEMENT
WITH A I M ADVISORS, INC?
The major change being proposed involves changing the management fee formula
for each fund so it is performance-based rather than based strictly on net
assets under management. The other changes to the advisory agreement pertain
mainly to eliminating redundant or obsolete elements of the agreement.
4. HOW WOULD ADOPTING A PERFORMANCE-BASED MANAGEMENT FEE BENEFIT ME?
The performance-based fee, the Board believes, is the most appropriate method
of aligning the interests of AIM with the interests of shareholders of the
funds. If a fund's performance exceeds that of the applicable index by more
than 2.00%, both shareholders and AIM will share that success. If a fund
underperforms by more than 2.00%, the fees payable to AIM will decline.
5. WHAT KIND OF CHANGES ARE BEING PROPOSED TO THE FUNDS' OBJECTIVES AND
INVESTMENT RESTRICTIONS?
There are several changes proposed, and it would be impossible to summarize
them adequately. Several are intended mainly to enhance clarity and uniformity
among the AIM funds; others will enable the trustees to make adjustments to the
funds without incurring the expense of a shareholder vote. Please read the
proxy carefully and completely.
6. WILL ANY OF THESE CHANGES AFFECT THE VALUE OF MY ACCOUNT?
No. None of them will.
7. WHY SHOULD I BOTHER TO VOTE?
Every vote is important. If shareholders fail to vote their proxies, a fund may
not receive enough votes to go forward with its meeting. If this happens, AIM
may have to make extra solicitations to obtain a quorum or send additional
proxies to shareholders, incurring unnecessary additional costs.
8. HAS AIM CONTRACTED FOR THE SERVICES OF A PROXY SOLICITOR?
Yes, AIM has hired Shareholder Communications Corporation as its proxy
solicitor. If we do not hear from you after a reasonable amount of time, you
may receive a telephone call from them reminding you to vote your shares.
9. HOW DO I REGISTER MY VOTE?
o You may indicate your vote on the proxy card and return it in the
postage-paid envelope.
o You may FAX the proxy card to Shareholder Communications Corporation,
our proxy solicitor, at 1-800-733-1885.
o You may call in your vote to Shareholder Communications Corporation at
1-800-482-9730.
o You may vote you shares through our Web site at http://www.aimfunds.com,
where you will find an icon for Online Proxy Voting.
<PAGE> 8
10. WILL MY VOTE BE CONFIDENTIAL USING THE ONLINE PROXY VOTING SYSTEM?
The Web proxy voting system offered by Proxycard.com maintains a high level of
security to ensure the confidentiality of your vote. Security features include:
o Secure Sockets Layer (SSL) - A security measure that encrypts all
information that travels between Proxycard.com's Web server and the
shareholder's computer.
o Control Number - Each shareholder is required to enter his or her
control number. Proxycard.com verifies the number and presents the
holder with the appropriate proxy card for his or her position.
o Firewall - To protect the confidentiality of your account records,
Proxycard.com uses only control numbers and card codes to register votes.
Voted positions are then periodically uploaded to our master database
of shareholders' accounts. All account-specific data remains behind our
firewall.
11. HOW DO I SIGN THE PROXY CARD? (DOES NOT APPLY IF VOTING BY PHONE OR
INTERNET)
Individual Accounts: Shareholders should sign exactly as their names appear in
the account registrations shown on the proxy card.
Joint Accounts: All joint owners should sign exactly as their names appear in
the registration.
All Other Accounts: The person signing must indicate his or her capacity. For
example, if Jane A. Doe is a trustee for a trust or other entity, she should
sign, "Jane A. Doe, Trustee."
12. WHAT IS THE DEADLINE FOR VOTING?
All votes must be received before the Shareholder Meeting, which will be held
at 2:00 P.M. central time December 20, 1999.
- -------------------------------------------------------------------------------
For more complete information about any AIM funds, including sales charges and
expenses, view or ask your financial consultant for a prospectus(es). Please
read the prospectus(es) carefully before you invest or send money. For
additional information, ask your financial consultant for an investor guide to
the fund(s).
INVESTMENT PRODUCTS OFFERED ARE: [NOT FDIC-INSURED] [May lose value]
[No bank guarantee]
A I M DISTRIBUTORS, INC. 11/1999
- --Registered Trademark-- 1999 A I M Management Group Inc. All Rights Reserved.
Important Legal Information.
<PAGE> 9
PROXYCARD.COM
Welcome to Proxycard.com, the fastest and most convenient way to vote your
proxy - over the internet. To vote your shares, follow these four easy steps:
1. Review the proxy statement you received in the mail.
2. Enter the control number printed on your proxy card below.
3. Complete your internet proxy card and submit your vote. Don't forget to
click the "This vote is correct" button.
4. Print or save a copy of your confirmation for your records. You may also
have your confirmation emailed to you.
If you have more than one proxy card, you will need to vote each position
individually.
Enter a control number below (printed on your proxy card):
[ ]
[submit]
<PAGE> 10
PROXYCARD.COM
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM MID CAP OPPORTUNITIES FUND
A PORTFOLIO OF (AIM SPECIAL OPPORTUNITIES FUNDS)
PROXY FOR MEETING OF SHAREHOLDERS
DECEMBER 20, 1999
THE UNDERSIGNED, HEREBY APPOINTS ROBERT H. GRAHAM AND GARY T. CRUM, AND EACH OF
THEM SEPARATELY, PROXIES WITH THE POWER OF SUBSTITUTION TO EACH, AND HEREBY
AUTHORIZES THEM TO REPRESENT AND TO VOTE, AS DESIGNATED BELOW, AT THE MEETING
OF SHAREHOLDERS OF AIM MID CAP OPPORTUNITIES FUND, A PORTFOLIO OF AIM SPECIAL
OPPORTUNITIES FUNDS, ON DECEMBER 20, 1999 AT 2:00 P.M., CENTRAL TIME, AND AT
ANY ADJOURNMENT THEREOF, ALL OF THE SHARES OF THE FUND WHICH THE UNDERSIGNED
WOULD BE ENTITLED TO VOTE IF PERSONALLY PRESENT. IF THIS PROXY IS SIGNED AND
RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" EACH TRUSTEE
AND "FOR" THE APPROVAL OF EACH OTHER PROPOSAL.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES.
THE TRUSTEES RECOMMEND VOTING "FOR" EACH PROPOSAL.
01. TO ELECT TEN INDIVIDUALS TO THE BOARD OF AIM SPECIAL OPPORTUNITIES
FUNDS, EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND
QUALIFIED:
01. Charles T. Bauer 02. Bruce L. Crockett
03. Owen Daly II 04. Edward K. Dunn, Jr.
05. Jack Fields 06. Carl Frischling
07. Robert H. Graham 08. Prema Mathai-Davis
09. Lewis F. Pennock 10. Louis S. Sklar
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click the "FOR ALL
EXCEPT" and type the nominee number(s) in the box below.
[ ]
02. TO APPROVE A NEW MASTER INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS,
INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03A. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: INDUSTRY CONCENTRATION
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
<PAGE> 11
03B. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING SECURITIES OF OTHER INVESTMENT COMPANIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03C. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: UNDERWRITING SECURITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03D. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING OR SELLING REAL ESTATE
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03E. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING OR SELLING COMMODITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03F. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: MAKING LOANS
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03G. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: BORROWING MONEY AND ISSUING SENIOR SECURITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
<PAGE> 12
03H. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: INVESTING IN AN INVESTMENT COMPANY WITH THE SAME OBJECTIVE,
POLICIES AND LIMITATIONS
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
04. TO APPROVE A PROPOSAL TO CHANGE THE FUND'S INVESTMENT OBJECTIVE FROM A
FUNDAMENTAL POLICY TO A NON-FUNDAMENTAL POLICY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
05. TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT ACCOUNTANTS OF THE
FUND FOR THE FISCAL YEAR ENDING IN 2000.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
06. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY
PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
[submit]
<PAGE> 13
PROXYCARD.COM
THIS IS YOUR COMPLETED PROXY CARD. SIGN AND SUBMIT YOUR CARD BY CLICKING "THIS
VOTE IS CORRECT" AT THE BOTTOM OF THE PAGE. TO MAKE CHANGES USE THE "BACK"
BUTTON BELOW. YOU MAY PRINT OR SAVE THIS PAGE OR HAVE A CONFIRMATION OF YOUR
VOTE E-MAILED TO YOU.
[Back]
[ ] Check this box and enter your e-mail address below if you want to be
e-mailed a copy of your voted proxy. A confirmation will be sent after you
press the "This Vote is Correct" button at the bottom of this page.
e-mail: [ ]
PROXY STATEMENT (ADOBE ACROBAT READER REQUIRED)
PROXY SOLICITED BY THE BOARD OF TRUSTEES OF
AIM MID CAP OPPORTUNITIES FUND
A PORTFOLIO OF (AIM SPECIAL OPPORTUNITIES FUNDS)
PROXY FOR MEETING OF SHAREHOLDERS
DECEMBER 20, 1999
THE UNDERSIGNED, HEREBY APPOINTS ROBERT H. GRAHAM AND GARY T. CRUM, AND EACH OF
THEM SEPARATELY, PROXIES WITH THE POWER OF SUBSTITUTION TO EACH, AND HEREBY
AUTHORIZES THEM TO REPRESENT AND TO VOTE, AS DESIGNATED BELOW, AT THE MEETING
OF SHAREHOLDERS OF AIM MID CAP OPPORTUNITIES FUND, A PORTFOLIO OF AIM SPECIAL
OPPORTUNITIES FUNDS, ON DECEMBER 20, 1999 AT 2:00 P.M., CENTRAL TIME, AND AT
ANY ADJOURNMENT THEREOF, ALL OF THE SHARES OF THE FUND WHICH THE UNDERSIGNED
WOULD BE ENTITLED TO VOTE IF PERSONALLY PRESENT. IF THIS PROXY IS SIGNED AND
RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" EACH TRUSTEE
AND "FOR" THE APPROVAL OF EACH OTHER PROPOSAL.
THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES.
THE TRUSTEES RECOMMEND VOTING "FOR" EACH PROPOSAL.
01. TO ELECT TEN INDIVIDUALS TO THE BOARD OF AIM SPECIAL OPPORTUNITIES
FUNDS, EACH OF WHOM WILL SERVE UNTIL HIS OR HER SUCCESSOR IS ELECTED AND
QUALIFIED:
01. Charles T. Bauer 02. Bruce L. Crockett
03. Owen Daly II 04. Edward K. Dunn, Jr.
05. Jack Fields 06. Carl Frischling
07. Robert H. Graham 08. Prema Mathai-Davis
09. Lewis F. Pennock 10. Louis S. Sklar
[ ] FOR ALL
[ ] WITHHOLD AUTHORITY FOR ALL NOMINEES
[ ] FOR ALL EXCEPT
To withhold your vote for any individual nominee, click the "FOR ALL
EXCEPT" and type the nominee number(s) in the box below.
[ ]
<PAGE> 14
02. TO APPROVE A NEW MASTER INVESTMENT ADVISORY AGREEMENT WITH A I M ADVISORS,
INC.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03A. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: INDUSTRY CONCENTRATION
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03B. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING SECURITIES OF OTHER INVESTMENT COMPANIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03C. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: UNDERWRITING SECURITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03D. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING OR SELLING REAL ESTATE
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03E. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: PURCHASING OR SELLING COMMODITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
<PAGE> 15
03F. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: MAKING LOANS
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03G. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: BORROWING MONEY AND ISSUING SENIOR SECURITIES
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
03H. TO APPROVE A PROPOSAL TO AMEND THE FUND'S FUNDAMENTAL INVESTMENT
RESTRICTIONS: INVESTING IN AN INVESTMENT COMPANY WITH THE SAME OBJECTIVE,
POLICIES AND LIMITATIONS
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
04. TO APPROVE A PROPOSAL TO CHANGE THE FUND'S INVESTMENT OBJECTIVE FROM A
FUNDAMENTAL POLICY TO A NON-FUNDAMENTAL POLICY.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
05. TO RATIFY THE SELECTION OF KPMG LLP AS INDEPENDENT ACCOUNTANTS OF THE
FUND FOR THE FISCAL YEAR ENDING IN 2000.
[ ] FOR
[ ] AGAINST
[ ] ABSTAIN
06. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY
PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF.
Is this vote correct?
[This Vote is Correct] [Back]
If you want to change your vote, use a "Back" button to return to the
previous page.
<PAGE> 16
PROXYCARD.COM
Your vote has been submitted.
If you would like to vote another proxy, enter a control number below:
[ ]
[submit]
<PAGE> 17
===============================================================================
INTERNET PROXY VOTING
A NEW CONVENIENT WAY TO VOTE YOUR PROXY
PROXY VOTING - QUICK AND CONVENIENT
The enclosed proxy statement provides details on important issues affecting AIM
Mid Cap Opportunities Fund and AIM Small Cap Opportunities Fund, portfolios of
AIM Special Opportunities Funds. The Board of Trustees recommends that you vote
"FOR" the proposals.
AIM shareholders have a new way to vote - BY INTERNET. This means you can vote
BY INTERNET 24 hours a day and receive a confirmation by e-mail. Please follow
the simple instructions on this proxy insert.
If you are voting BY INTERNET, you SHOULD NOT mail your proxy card.
EVERY SHAREHOLDERS' VOTE IS IMPORTANT!
[ONLINE PROXY VOTING LOGO]
EASY STEPS TO VOTE BY INTERNET:
1. Read the proxy statement and have your proxy card available.
2. Visit the AIM Web site (http://www.aimfunds.com) and click on the "Online
Proxy Voting" featured graphic.
3. When you are ready to vote, click on the "Online Proxy Voting" link.
4. Enter the 12-digit CONTROL NUMBER shown on your proxy card.
5. Follow the instructions as provided on the screen.
THANK YOU FOR YOUR VOTE!
===============================================================================
