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AIM Announces Changes to Management Team of AIM Developing Markets Fund.


Business Editors

HOUSTON--(BUSINESS WIRE)--May 23, 2003

AIM Investments(SM) announced today changes to the management team of AIM Developing Markets Fund.

Effective Monday Monday: see week. , May 26, the management team for AIM Developing Markets Fund will be Clas G. Olsson Olsson is a surname, and may refer to:
  • Arne Olsson
  • Christian Olsson
  • Ingela Olsson
  • Jan Olof Olsson
  • Johan Olsson
  • Kenneth Ølsson
  • Kenny Olsson
  • Martin Olsson
  • Nigel Olsson
  • Peter Olsson
  • Suzanne Olsson
  • Tage William-Olsson
 (lead), Barrett K. Sides (lead), Shuxin (Steve) Cao and Borge Endresen.

A complete list of management teams and biographical bi·o·graph·i·cal   also bi·o·graph·ic
adj.
1. Containing, consisting of, or relating to the facts or events in a person's life.

2. Of or relating to biography as a literary form.
 information for team members can be accessed through AIM's Web site, www.aiminvestments.com.

About AIM Investments

Houston-based AIM Investments represents one of the nation's leading investment management companies. It is dedicated to providing its clients with exceptional products and services through multiple investment management styles and a broad range of investment solutions -- mutual funds, retirement products, separately managed accounts for high-net-worth and institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
, annuities, cash management, college savings plans, alternative investments and offshore products. Founded in 1976, AIM Investments had $115 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing.  and approximately 9 million shareholders as of March 31, 2003. For more information, visit www.aiminvestments.com. AIM Investments is a service mark of A I M Management Group Inc. and is the subject of a pending application for trademark registration. A I M Advisors, Inc. and A I M Capital Management, Inc. are the investment advisors Investment Advisor

1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission.

2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and
 for the products and services represented by AIM Investments. A I M Distributors, Inc. is the distributor for the retail mutual funds represented by AIM Investments.

About AMVESCAP

AIM is an indirect subsidiary of AMVESCAP PLC (NYSE NYSE

See: New York Stock Exchange
:AVZ), a leading independent global investment manager dedicated to helping people worldwide build their financial security through a comprehensive array of retail and institutional products for clients in more than 100 countries. AMVESCAP had $319 billion in assets under management as of March 31, 2003. Additional information is available at www.amvescap.com.

Note to editors -- We are required to include the following information with our news release:

For more complete information about any AIM Fund, including sales charges Sales Charge

A commission or fee paid by an investor at the time of purchasing mutual fund shares. The charge is paid to a mutual fund salesperson or financial advisor and is intended to provide compensation for the financial salesperson's efforts in assisting their client select
 and expenses, please obtain the appropriate prospectus(es) from your financial consultant or by calling 800/347-4246. Please read the prospectus carefully before you invest or send money.

A I M Distributors, Inc., Distributor.
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Publication:Business Wire
Date:May 23, 2003
Words:354
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