AIM Eastern Europe Fund Changes Expected Reorganization Date.HOUSTON--(BUSINESS WIRE)--Aug. 17, 1999-- A I M Advisors, Inc. (AIM) announced today that the proposed date for the reorganization of AIM Eastern Europe Fund (Fund) (NYSE NYSE See: New York Stock Exchange :GTF GTF glucose tolerance factor. ) into AIM Developing Markets Fund has been rescheduled from August 27, 1999 to September 10, 1999. AIM is a member of the $295 billion AMVESCAP Group (NYSE:AVZ), one of the world's largest independent investment services companies. The annual shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. for the Fund remains scheduled for August 25, 1999 at 3 p.m. central time. The meeting will convene at the Fund's offices located at 11 Greenway Plaza, Suite 100, Houston, Texas. Items expected to be presented for shareholder approval at the 1999 annual shareholders' meeting include: (1) a proposal to reorganize the Fund into AIM Developing Markets Fund (an open-end investment company open-end investment company: see mutual fund. managed by AIM); (2) the election of a Trustee of the Fund; and (3) the ratification of the selection of PricewaterhouseCoopers LLP LLP - Lower Layer Protocol as the Fund's independent public accountants. Shareholders of record of the Fund as of the close on business on June 21, 1999 are entitled to vote at the 1999 annual shareholders' meeting. The Fund is a closed-end investment company closed-end investment company: see mutual fund. . AIM was founded in 1976 and ranks as the nation's 10th-largest mutual fund complex, according to independent mutual fund monitor Strategic Insight, with approximately $121 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 6.3 million shareholders as of June 30, 1999. AMVESCAP PLC had $295 billion in assets under management as of June 30, 1999. 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 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. For more information about AIM, visit our website: http://www.aimfunds.com A I M Distributors, Inc., Distributor. |
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