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AIM GLOBAL AGGRESSIVE GROWTH FUND
AIM GLOBAL GROWTH FUND
AIM GLOBAL INCOME FUND
(SERIES PORTFOLIO OF AIM INTERNATIONAL FUNDS, INC.)
Supplement dated October 1, 1998 to the
Prospectus dated February 20, 1998, as supplemented June 30, 1998
The following paragraph should be inserted under the heading of "Foreign
Securities--Currency Risk" on page 21:
"Austria, Belgium, Finland, France, Germany, Ireland, Italy,
Luxembourg, the Netherlands, Portugal, and Spain are members of the
European Economic and Monetary Union (the "EMU"). The EMU intends to
establish a common European currency for participating countries which
will be known as the "euro." It is anticipated that each participating
country will supplement its existing currency with the euro on January
1, 1999, and will replace its existing currency with the euro on July
1, 2002. Any other European country that is a member of the European
Union and satisfies the criteria for participation in the EMU may elect
to participate in the EMU and may supplement its existing currency with
the euro after January 1, 1999.
The expected introduction of the euro presents unique risks and
uncertainties, including whether the payment and operational systems of
banks and other financial institutions will be ready by January 1,
1999; how outstanding financial contracts will be treated after January
1, 1999; the establishment of exchange rates for existing currencies
and the euro; and the creation of suitable clearing and settlement
systems for the euro. These and other factors could cause market
disruptions before or after the introduction of the euro and could
adversely affect the value of securities held by the Portfolio."
The following paragraph replaces in its entirety the third paragraph under the
heading "MANAGEMENT--Portfolio Management" on page 24 of the prospectus :
"A. Dale Griffin, III, Paul A. Rogge and Jonathan C. Schoolar are
primarily responsible for the day-to-day management of Growth Fund.
Background information for Mr. Griffin and Mr. Rogge is discussed above
with respect to the management of Aggressive Growth Fund. Mr. Griffin
and Mr. Rogge have been responsible for the Fund since its inception in
1994. Mr. Schoolar is a Senior Vice President of AIM Capital, Vice
President of AIM, Vice President of the Company and has been
responsible for the Fund since its inception in 1994. He has been
associated with AIM and/or its subsidiaries since 1986 and began
working as an investment professional in 1984."