<PAGE> 1
Class A, B and C Shares of:
AIM DEVELOPING MARKETS FUND
Supplement dated June 11, 1999
to the Prospectus dated March 1, 1999
The following information replaces in its entirety the table under the heading
"FEE TABLE -- ANNUAL FUND OPERATING EXPENSES" on page 4 of the prospectus.
"ANNUAL FUND OPERATING EXPENSES
- --------------------------------------------------------------------------------
(expenses that are deducted
from fund assets) Class A Class B Class C
- --------------------------------------------------------------------------------
Management Fees 0.98% 0.98% 0.98%
Distribution and/or
Service (12b-1) Fees 0.25 1.00 1.00
Other Expenses
Other 0.91 0.91 0.91
Interest 0.20 0.20 0.20
Total Other Expenses 1.13 1.11 1.11
Total Annual Fund
Operating Expenses 2.34 3.09 3.09
Expense Reimbursement(2) 0.39 0.39 0.39
Net Expenses 1.95 2.70 2.70
- --------------------------------------------------------------------------------
1 If you buy $1,000,000 or more of Class A shares and redeem these
shares within 18 months from the date of purchase, you may pay a
1% contingent deferred sales charge (CDSC) at the time of
redemption.
2 The investment advisor has contractually agreed to limit net
expenses for Class A, B and C shares of the fund to 2.00%, 2.50%
and 2.50%, respectively, not including interest expense."
<PAGE> 2
Advisor Class Shares of:
AIM DEVELOPING MARKETS FUND
Supplement dated June 11, 1999
to the Prospectus dated March 1, 1999
The following information replaces in its entirety the table under the heading
"FEE TABLE -- ANNUAL FUND OPERATING EXPENSES" on page 4 of the prospectus.
"ANNUAL FUND OPERATING EXPENSES
- --------------------------------------------------------------------------------
(expenses that are deducted
from fund assets) Advisor Class
- --------------------------------------------------------------------------------
Management Fees 0.98%
Distribution and/or
Service (12b-1) Fees None
Other Expenses
Other 0.91
Interest 0.20
Total Other Expenses 1.11
Total Annual Fund
Operating Expenses 2.09
Expense Reimbursement(1) 0.39
Net Expenses 1.70
- --------------------------------------------------------------------------------
1 The investment advisor has contractually agreed to limit net
expenses for Advisor Class shares of the fund to 1.50%, not
including interest expense."
