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<PAGE> 1 AIM INTERNATIONAL EQUITY FUND (A SERIES PORTFOLIO OF AIM INTERNATIONAL FUNDS, INC.) Supplement dated May 16, 1997 to the Prospectus dated February 24, 1997 as supplemented April 7, 1997 The individuals on the management team who are primarily responsible for the day-to-day management of the Fund are A. Dale Griffin, III, Clas G. Olsson, Paul A. Rogge and Barrett K. Sides.
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