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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. VALUE FUND
Supplement dated April 9, 1997
to the Prospectus dated May 1, 1996
and as supplemented October 9, 1996, November 5, 1996
and December 16, 1996
Robert A. Shelton has replaced Claude C. Cody IV as Portfolio Manager for the
Fund. Mr. Shelton has been responsible for the Fund since April 1, 1997. He
has been associated with AIM and/or its affiliates since 1995 and has six years
of experience as an investment professional. Prior to joining AIM, Mr. Shelton
was a financial analyst for CS First Boston.