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AIM VARIABLE INSURANCE FUNDS, INC.
AIM V.I. GOVERNMENT SECURITIES FUND
Supplement dated October 5, 1998
to the Prospectus dated May 1, 1998,
as supplemented July 1, 1998 and October 2, 1998
The following paragraph should be inserted after the second full paragraph
under the "CERTAIN INVESTMENT STRATEGIES AND TECHNIQUES - DELAYED DELIVERY
AGREEMENTS AND WHEN-ISSUED SECURITIES" section on page 5 of the Prospectus:
The Fund may engage in buy/sell back transactions (a form of delayed delivery
agreement). In a buy/sell back transaction, the Fund enters a trade to sell
securities at one price and simultaneously enters a trade to buy the same
securities at another price for settlement at a future date.
