Heather Peirce has joined the AIM Funds Management Inc. investment team in Toronto. Subject to regulatory approval, she will assume primary responsibility for the management of AIM American Blue Chip Growth Fund.

“Heather Peirce is a valuable addition to AIM’s international equity team in Toronto, and brings significant U.S. equity
portfolio management experience to this position,” says Patrick Farmer, Chief Investment Officer and Executive Vice President.

In addition, AIM American Blue Chip Growth Fund will be renamed AIM American Growth Fund and AIM RSP American Blue Chip Growth Fund will be renamed AIM RSP American Growth Fund. These name changes will become effective on April 30, 2002.