Business Editors/Science Editors

HEIDELBERG/DORDRECHT , Germany + NEW YORK----The specialist publishing group Springer Science+Business Media
is launching an improved and expanded version of its SpringerLink
online library at www., they are available online and can
be cited long before the next print issue appears. Additionally, the AIM Opportunities
I , II and III Funds' investment style will change from value to core.
In seeking a new lead manager and management team for the AIM
Opportunities I, II and III Funds, AIM looked for a management team
with the best fit to the funds' investment objectives (long-term
capital growth) and unique structure (the funds have the ability to
use such alternative investment techniques as short sales, leverage
and derivatives as risk management tools).S. Izuel began his investment career in 1997 as an equity analyst
with GT Global. Previously, he worked as an equity
analyst at Wilshire Associates and Trust Company of the West. Leslie joined AIM in 1998. Among his responsibilities on the
$7 billion pension fund were the development and management of option
and derivative strategies, the management of a $500 million government
and corporate bond portfolio, and the allocation of retirement assets .B.
AIM Global Equity Fund also may participate in the IPO market in
some cycles. is a subsidiary of AMVESCAP PLC, a
leading independent global investment manager, dedicated to helping
people worldwide build their financial security.com

Note to editors -- We are required to include the following
information with our news release:
Consider the investment objectives, risks, and charges and
expenses carefully before investing.

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Mr., Mr.A.
In 1995, Mr.

About AMVESCAP

A I M Management Group Inc. Operating under the
AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to deliver
outstanding products and services through a comprehensive array of
retail and institutional products for clients around the world.

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Mr. Izuel and Mr. He is a Chartered
Financial Analyst.

Leslie left the pension fund to start his own investment
firm, Gamma Investment Management, specializing in option management
strategies.

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There is also an
online journals archive dating back to the 1860s .

Hilton, who has been part of the fund's
management team since joining AIM in 2002, replaces Roger Mortimer,
who has left the firm.
Mr.B. in economics. As the funds' assets grow, the impact of IPO
investments will decline, which may reduce the effect of IPO
investments on the funds' total returns.
For more information, visit www.

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AIM sought a management
team that could combine a competitive performance record with an
investment process that is scaleable.
The team first uses computer models to screen a large universe of
primarily domestic stocks to identify a group of eligible stocks
within that universe. The quantitative analysis screens for various
factors , including growth/stability of earnings, valuation,
profitability, financial strength and stock price volatility. in finance from the University of Maryland. As the fund's assets grow, the impact of IPO
investments will decline, which may reduce the effect of IPO
investments on the fund's total returns .

About AIM Investments

Houston-based AIM Investments represents one of the nation's
leading investment management companies.

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The AIM Opportunities I, II and III Funds will continue to be
positioned as three separate market-cap specific U.
Mr.,
options), present higher risks but also offer the potential for higher
rewards. The funds may not be appropriate for all investors.

A I M Distributors , Inc.

This category provides links to the web sites of physical and digital libraries that specialize in business information and resources.

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When selecting stocks for
the fund, the portfolio managers seek to neutralize the effects of
certain macro-economic and market factors in an effort to lower the
volatility of the fund's returns. Leslie served as a portfolio manager and partner until
joining AIM in 1998.A.
AIM Opportunities I, II and III Funds' long/short investment
techniques, along with other alternative investment strategies (e., A
I M Capital Management, Inc.

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The group has
around 5,000 employees in 18 countries in Europe, the USA, and Asia.
International investing, as does AIM Global Value Fund and AIM
Global Equity Fund, presents certain risks not associated with
investing solely in the United States.
The AIM Opportunities I, II and III Funds and AIM Global Value
Fund may participate in the initial public offering (IPO) market in
some market cycles.com.

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The online library also
contains over 2,700 volumes in 25 book series and a growing number of
handbooks, reference works, eBooks, and databases. Its core topics are science, medicine, business,
engineering , architecture, construction, and transport. from the University of Michigan. Leslie is a Chartered Financial Analyst, a member of the Houston
Society of Financial Analysts, and a member of the Dallas Securities
Dealers Association.S.aiminvestments.

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SpringerLink: More Than Doubled in Size; Over 1 200 Scientific Journals Now Available in an Expanded and Improved Online Library

A native of Redondo Beach, Calif . Thaller came to AIM in 2001, when he joined the management
team of AIM Global Equity Fund.
Thaller graduated magna cum laude from the University of California at
San Diego with a B. companies. A significant portion of the fund's returns during
certain periods was attributable to its investments in IPOs . are the investment
advisors for the products and services represented by AIM Investments.amvescap .

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Leslie has been a member
of the management team since 2000. in computer science from the University of California-Berkeley
and an M.
Mr.
Investing in small and mid-cap stocks, as does AIM Global Value
Fund, AIM Opportunities I Fund and AIM Opportunities II Fund, involves
risks not associated with investing in more established companies,
such as business risk, stock-price fluctuations and illiquidity., and
AIM Alternative Asset Management Company, Inc.

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com The library is now more than
double the size - with a current total of over 1,200 journals.
Set up in 1996, the online platform is now widely used in
universities, libraries, firms, and research institutions.e.

AIM Investments Announces Changes to AIM Global Value Fund AIM Opportunities I II and III Funds

Business Editors

HOUSTON----AIM Investments(R)
announced today changes to the management team of AIM Global Value
Fund, and to both the management team and investment style of AIM
Opportunities I Fund, AIM Opportunities II Fund and AIM Opportunities
III Fund.A. In 1996, Gamma merged with Darien Capital Management,
where Mr. These include, for instance,
risks related to fluctuations in the value of the U.
Investing in emerging markets, as does AIM Global Value Fund and
AIM Global Equity Fund, involves greater risk and potential reward
than investing in more established markets.

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Thaller produce competitive results for AIM
Global Equity Fund. A native of Silver Spring, Md. Leslie
received a B. AIM Investments is
a service mark of A I M Management Group Inc. The
Company, which had approximately $382 billion in assets under
management as of December 31, 2004, is listed on the London, New York
and Toronto stock exchanges with the symbol "AVZ.

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Mr. Leslie will continue to manage the funds using
their current value investment style until the funds' management team
and investment style changes are effected on or about May 23, 2005.A., AIM Private Asset Management, Inc.

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Springer Alert users receive
regular information about new publications in their field of interest,
and a secure Pay-Per-View shopping cart allows individual documents to
be purchased.
The AIM Opportunities I, II and III Funds are non-diversified,
which increase risk as well as potential reward. The funds also can
currently invest up to 25% of their respective assets in foreign
securities that present risks not associated with investing solely in
the United States.

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springerlink. More than half the journals are
"Online First" publications, i. For this and other important
information about any AIM fund, please obtain a prospectus from your
financial advisor and read it carefully before investing.

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The AIM Opportunities I, II and III Funds can currently leverage,
or borrow, up to 33 1/3% of their respective net assets and sell short
up to 25% of their respective net assets.

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Subscribers to Springer's journals and customers with a license
can access full-text documents.
Mr.

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Springer Science+Business Media is one of the world's leading
suppliers of scientific and specialist literature. Izuel and his team will use a quantitative core strategy that
employs a multi-step, quantitative process to construct the portfolios
of the AIM Opportunities I, II and III Funds, a strategy that has
helped Mr. The
portfolio managers then perform risk- and transaction-cost analyses on
the stocks that were previously identified.
Mr.
A I M Distributors, Inc.

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Content is organized into 11 "online libraries": Behavioral
Sciences, Biomedical + Life Sciences, Business + Economics, Chemistry
+ Material Science, Computer Science, Earth + Environmental Sciences,
Engineering, Humanities, Social Sciences + Law, Mathematics , Medicine,
and Physics + Astronomy.
Effective today, Glen Hilton becomes the lead manager of AIM
Global Value Fund. domestic funds
with AIM Opportunities I Fund focused on small-cap stocks, AIM
Opportunities II Fund focused on mid-cap stocks, and AIM Opportunities
III Fund focused on large -cap stocks. He began his investment career in
1985 as a senior investment advisor with United Mine Workers of
America Health + Retirement Funds.g.

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The group owns 70
publishing houses, together publishing 1,450 journals and over 5,000
new books a year. Hilton and Mr.
Mr. Founded in 1976 , AIM Investments
had $138 billion in assets under management as of December 31, 2004., Distributor .

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A. It is dedicated to building
solutions for its clients with exceptional products and services
through multiple investment management styles and a broad range of
investment portfolios - mutual funds, retirement products, separately
managed accounts for high-net-worth and institutional investors,
annuities, cash management, college savings plans, alternative
investments and offshore products .

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Following the merger of Springer and Kluwer Academic Publishers
(KAP) in 2004, 750 publications were added.
Peter Hendriks, President of Sales and Marketing, sees Springer's
expanded service as much more than the combination of two
internationally recognized publishing catalogs: "Over the past years,
thorough indexing, sophisticated search functions, and rapid access
worldwide have made SpringerLink one of the most frequently used
electronic online libraries", he said. Effective on or about May 23,
2005, the management team for the funds will consist of Derek Izuel
(lead ), Eric Thaller and Robert Leslie. Mr.B. with
concentrations in finance and statistics from The Wharton School at
the University of Pennsylvania. Additionally, he spent a year studying
at the London School of Economics. with honors in music performance from Susquehanna
University and an M.
Because the funds use short sales and leveraging, expenses are
expected to be higher than for traditional mutual funds. Because of the fund's small asset base, any
investment the funds may make in IPOs may significantly affect the
funds' total returns.

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The full-text
versions of "Springer Open Choice " articles are available free of
charge to all Internet users.
All SpringerLink visitors have free access to the journals' table
of contents and individual abstracts. The Cross Reference
Linking service provides cross-references to the cited articles. Mortimer's departure also will prompt pending changes to the
AIM Opportunities I, II and III Funds. Izuel received
a B.A. He also earned an M. For additional information
regarding the impact of IPO investments on the fund's performance,
please see the fund's prospectus. A I M Advisors, Inc.

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Finally, the portfolio managers
conduct a qualitative analysis of the stocks selected for the fund's
portfolio to confirm the results of the quantitative analysis., Mr.S. dollar relative
to the values of other currencies, custody arrangements made for the
fund's foreign holdings, political risks, differences in accounting
procedures and the lesser degree of public information required to be
provided by non-U. Please note that leveraging
can magnify changes in the funds' net asset value. These
investments have a magnified impact when the fund's asset base is
relatively small. is the distributor for the retail mutual
funds and Fund Management Company is the distributor for the
institutional money market funds represented by AIM Investments." Additional
information is available at www.

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