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AIM TAX-EXEMPT FUNDS, INC.
AIM TAX-EXEMPT CASH FUND
AIM TAX-EXEMPT BOND FUND OF CONNECTICUT
AIM TAX-FREE INTERMEDIATE SHARES
Supplement dated December 27, 1995
to the Prospectus dated July 31, 1995,
as supplemented October 19, 1995 and November 17, 1995
Effective January 2, 1996, the net asset value per share (or share price) of
each AIM Fund other than AIM MONEY MARKET FUND will be determined as of the
close of trading of the New York Stock Exchange (generally 4:00 p.m. Eastern
Time) on each business day of a fund. The net asset value (or share price) of
AIM MONEY MARKET FUND will be determined as of 12:00 noon and the close of
trading of the NYSE on each business day of the fund. For purposes of
determining net asset value per share, futures and options contracts generally
will be valued 15 minutes after the close of trading of the NYSE.
Shares of the AIM Funds are purchased, exchanged or redeemed at the net asset
value next determined after receipt of an order for purchase, exchange or
redemption in proper form. Accordingly, orders for purchases, exchanges and
redemptions of shares of an AIM Fund other than AIM MONEY MARKET FUND received
by dealers prior to 4:00 p.m. Eastern Time on any business day of an AIM Fund
and either received by AIM Distributors in its Houston, Texas office prior to
5:00 p.m. Central Time on that day or transmitted by dealers to the Transfer
Agent through the facilities of the NSCC by 7:00 p.m. Eastern Time on that day
will be confirmed at the price determined as of the close of that day. Orders
received by dealers after 4:00 p.m. Eastern Time will be confirmed at the price
determined on the next business day of the AIM Fund. Orders for purchases,
exchanges and redemptions of shares of AIM MONEY MARKET FUND received by
dealers prior to 12:00 noon, or 4:00 p.m. Eastern Time on any business day of
the fund will be confirmed at the price next determined.
