<PAGE> 1
AIM SUMMIT FUND, INC.
CLASS I SHARES
Supplement dated March 13, 2000
to the Prospectus dated February 28, 2000
On March 13, 2000, A I M Fund Services, Inc. (AFS), a wholly owned subsidiary
of A I M Advisors, Inc., replaced State Street Bank and Trust Company and its
affiliate Boston Financial Data Services, Inc. (BFDS), as the transfer agent
for Class I shares of the fund. The address of AFS is P.O. Box 4739, Houston,
Texas 77210-4739 and its telephone number is (800) 959-4246.
Effective March 13, 2000, all references in this prospectus to State Street
Bank and Trust Company, Boston Financial Data Services, Inc. or BFDS are
replaced by references to A I M Fund Services, Inc. or AFS, as applicable, and
all references to the address and telephone number of BFDS are replaced with
the address and telephone number of AFS.
<PAGE> 2
AIM SUMMIT FUND, INC.
CLASS I SHARES
Supplement dated March 13, 2000
to the Statement of Additional Information dated February 28, 2000
On March 13, 2000, A I M Fund Services, Inc., a wholly owned subsidiary of
A I M Advisors, Inc., replaced State Street Bank and Trust Company and its
affiliate Boston Financial Data Services, Inc., as the transfer agent for
Class I shares of the Fund.
Effective March 13, 2000, the following two paragraphs replace in their
entirety the three paragraphs under the heading "MANAGEMENT OF THE FUND:
TRANSFER AGENT AND CUSTODIAN" on page 14 of the Statement of Additional
Information.
"AFS, a wholly owned subsidiary of AIM, P.O. Box 4739,
Houston, Texas 77210-4739, acts as transfer agent and dividend
disbursing agent for the Class. The Fund pays AFS such compensation
as may be agreed upon from time to time to process orders for
purchases, redemptions and transfers of shares; prepare and
transmit payments of dividends and distributions declared by the
Fund; maintain shareholder accounts; and provide shareholders with
information regarding the Fund and their accounts. These services
do not include any supervisory function over management or provide
any protection against any possible depreciation of assets.
State Street Bank and Trust Company ("State Street Bank"),
225 Franklin Street, Boston, Massachusetts 02110, acts as custodian
for the Fund's portfolio securities and cash. The Fund pays State
Street Bank such compensation as may be agreed upon from time to
time to maintain the portfolio securities of the Fund, administer
the purchases and sales of portfolio securities, collect interest
and dividends and other distributions made on the securities held
in the portfolio of the Fund and perform other ministerial duties."
