<PAGE> 1
CLASS A, B AND C SHARES
AIM EUROPE GROWTH FUND
AIM JAPAN GROWTH FUND
AIM MID CAP EQUITY FUND
AIM NEW PACIFIC GROWTH FUND
Supplement dated August 5, 1999
to the Statement of Additional Information dated May 3, 1999,
as supplemented June 30, 1999
The following replaces in its entirety the first paragraph under the
heading "BORROWING, REVERSE REPURCHASE AGREEMENTS AND "ROLL" TRANSACTIONS" on
page 9 of the Statement of Additional Information:
"Each Fund's borrowings will not exceed 33 1/3% of its total
assets, i.e., each Fund's total assets will equal at least 300% of the amount
of outstanding borrowings. If market fluctuations in the value of a Fund's
portfolio holdings or other factors cause the ratio of the Fund's total assets
to outstanding borrowings to fall below 300%, within three days (excluding
Sundays and holidays) of such event the Fund may be required to sell portfolio
securities to restore the 300% asset coverage, even though from an investment
standpoint such sales might be disadvantageous. Each Fund also may borrow up to
5% of its total assets for temporary or emergency purposes other than to meet
redemptions. New Pacific may not make additional investments if borrowings
exceed 5% of its total assets. A Fund may borrow in connection with meeting
requests for the redemption of a Fund's shares. Any borrowing by a Fund may
cause greater fluctuation in the value of its shares than would be the case if
the Fund did not borrow."
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ADVISOR CLASS
AIM EUROPE GROWTH FUND
AIM JAPAN GROWTH FUND
AIM MID CAP EQUITY FUND
AIM NEW PACIFIC GROWTH FUND
Supplement dated August 5, 1999
to the Statement of Additional Information dated May 3, 1999,
as supplemented June 30, 1999
The following replaces in its entirety the first paragraph under the
heading "BORROWING, REVERSE REPURCHASE AGREEMENTS AND "ROLL" TRANSACTIONS" on
page 9 of the Statement of Additional Information:
"Each Fund's borrowings will not exceed 33 1/3% of its total assets,
i.e., each Fund's total assets will equal at least 300% of the amount of
outstanding borrowings. If market fluctuations in the value of a Fund's
portfolio holdings or other factors cause the ratio of the Fund's total assets
to outstanding borrowings to fall below 300%, within three days (excluding
Sundays and holidays) of such event the Fund may be required to sell portfolio
securities to restore the 300% asset coverage, even though from an investment
standpoint such sales might be disadvantageous. Each Fund also may borrow up to
5% of its total assets for temporary or emergency purposes other than to meet
redemptions. New Pacific may not make additional investments if borrowings
exceed 5% of its total assets. A Fund may borrow in connection with meeting
requests for the redemption of a Fund's shares. Any borrowing by a Fund may
cause greater fluctuation in the value of its shares than would be the case if
the Fund did not borrow."
