SUB-ITEM 77E
                      INVESCO INSURED MUNICIPAL BOND TRUST

                               LEGAL PROCEEDINGS

SETTLED  REGULATORY  ENFORCEMENT  ACTIONS  AND  INVESTIGATIONS RELATED TO MARKET
TIMING

     On  October  8, 2004, Invesco Advisers, Inc. (Invesco), successor by merger
to  Invesco  Aim Advisors, Inc. and INVESCO Funds Group, Inc. (IFG), both former
investment  advisers,  along  with  Invesco  Aim  Distributors,  n/k/a  Invesco
Distributors, Inc. (Invesco Distributors) reached final settlements with certain
regulators, including the Securities and Exchange Commission (SEC), the New York
Attorney General and the Colorado Attorney General, to resolve civil enforcement
actions  and/or  investigations related to market timing and related activity in
the  AIM  Funds  (n/k/a  the Invesco Funds), including those formerly advised by
IFG.  As  part  of  the  settlements,  a $325 million fair fund ($110 million of
which  is  civil  penalties)  was  created  to compensate shareholders harmed by
market  timing  and  related  activity  in  funds  formerly  advised  by  IFG.
Additionally,  Invesco  and Invesco Distributors created a $50 million fair fund
($30  million  of which is civil penalties) to compensate shareholders harmed by
market  timing  and related activity in funds advised by Invesco, which was done
pursuant  to  the  terms  of  the settlement.  The methodology of the fair funds
distributions  was  determined  by Invesco's independent distribution consultant
(IDC  Plan),  in  consultation  with Invesco and the independent trustees of the
Invesco  Funds,  and  approved  by  the  SEC  on  May  23,  2008.

     The  IDC  Plan  provides for distribution to all eligible investors for the
periods  spanning  January 1, 2000 through July 31, 2003 (for the IFG Fair Fund)
and  January  1,  2001 through September 30, 2003 (for the AIM Fair Fund), their
proportionate share of the applicable Fair Fund to compensate such investors for
injury  they  may  have  suffered  as  a result of market timing in the affected
funds.  The  IDC  Plan includes a provision for any residual amounts in the Fair
Funds  to  be  distributed in the future to the affected funds.  Further details
regarding  the  IDC Plan and distributions thereunder are available on Invesco's
Web  site,  available  at  http://www.invesco.com/us.

     On  August  30,  2005,  the  West  Virginia  Office  of the State Auditor -
Securities  Commission  (WVASC)  issued  a Summary Order to Cease and Desist and
Notice  of  Right  to Hearing to Invesco and Invesco Distributors (collectively,
Invesco)  (Order  No.  05-1318).  The  WVASC  made findings of fact that Invesco
allegedly  entered  into  certain  arrangements  permitting market timing of the
Invesco  Funds and failed to disclose these arrangements in the prospectuses for
such  Funds, and conclusions of law to the effect that Invesco violated the West
Virginia  securities  laws.  The  WVASC  ordered  Invesco  to  cease any further
violations  and  sought  to  impose monetary sanctions, including restitution to
affected  investors,  disgorgement  of  fees,  reimbursement  of  investigatory,
administrative  and  legal  costs  and  an  "administrative  assessment"  to  be
determined  by the Commissioner.  Invesco is not aware of any further efforts by
WVASC  to  pursue  the  prosecution  of  this matter.  Invesco settled all other
regulatory  investigations  related  to market timing, resulting in: 1) affected
shareholders  receiving  restitution;  2)  Invesco paying disgorgement and civil
penalties;  and  3)  Invesco  taking  remedial actions to prevent market timing.
Accordingly,  Invesco  considers  this  matter  resolved.

                                       1