AIM SPECIAL OPPORTUNITIES FUNDS
497, 1999-10-06
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                        AIM SPECIAL OPPORTUNITIES FUNDS

                         AIM MID CAP OPPORTUNITIES FUND

                        Supplement dated October 6, 1999
                   to the Prospectus dated September 27, 1999

Currently, Class A Shares of AIM Mid Cap Opportunities Fund (the "Fund") are
only available to employees of A I M Management Group Inc., AMVESCAP PLC and
their affiliates, to any current or retired officer, director or trustee of The
AIM Family of Funds--Registered Trademark-- (including any member of such
person's immediate family including spouse, children, parents and parents of
spouse) and to residents of Texas. During this period, exchanges into the Fund
will not be permitted and A I M Distributors, Inc. will not reallow any sales
charges.

Class B Shares and Class C Shares of the Fund are not currently available.


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