Houston-based AIM is closing two funds to new investors. Both the AIM Global Infrastructure Fund and AIM Euroland Growth Fund close to investors at the end of business today.

The closings are part of reorganizations of AIM Global Infrastructure Fund into AIM Global Utilities Fund and AIM Euroland Growth Fund into AIM European Growth Fund (formerly AIM European Development Fund).

Those reorganizations are set to be completed on or about September 23, 2002, pending approval by shareholders of AIM Global Infrastructure Fund and AIM Euroland Growth Fund at a meeting to be held September 4, 2002.  

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