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                              AIM ASIAN GROWTH FUND
                          AIM EUROPEAN DEVELOPMENT FUND
                        AIM GLOBAL AGGRESSIVE GROWTH FUND
                             AIM GLOBAL GROWTH FUND
                             AIM GLOBAL INCOME FUND
                          AIM INTERNATIONAL EQUITY FUND

              (SERIES PORTFOLIOS OF AIM INTERNATIONAL FUNDS, INC.)

                       Supplement dated December 14, 2000
         to the Statement of Additional Information dated June 21, 2000
                        as supplemented November 3, 2000


This supplement supercedes and replaces in its entirety the supplement dated
November 3, 2000.

Effective September 30, 2000, Charles T. Bauer retired from his positions as an
officer and director of the Company and Robert H. Graham succeeded Mr. Bauer as
Chairman of the Board.

The following information is added to the table appearing under the heading
"MANAGEMENT - DIRECTORS AND OFFICERS" on page 35 of the Statement of Additional
Information:



                                                 POSITIONS
                                                 HELD WITH      PRINCIPAL OCCUPATION DURING AT
       "NAME, ADDRESS AND AGE                    REGISTRANT        LEAST THE PAST 5 YEARS
       ----------------------                    ----------     ------------------------------
                                                         
       ALBERT R. DOWDEN (59)                      Director      Chairman of the Board of Directors, The
       1815 Central Park Drive                                  Cortland Trust (investment company) and
       P.O. Box 774000-PMB #222                                 DHJ Media, Inc.; and Director, Magellan
       Steamboat Springs, CO 80477                              Insurance Company. Formerly, Director,
                                                                President and Chief Executive Officer,
                                                                Volvo Group North America, Inc.; Senior
                                                                Vice President, AB Volvo; and Director,
                                                                The Hertz Corporation, Genmar Corporation
                                                                (boat manufacturer), National Media
                                                                Corporation and Annuity and Life Re
                                                                (Holdings), Ltd."



The following information replaces in its entirety the second paragraph
appearing under the heading "SALES CHARGES AND DEALER CONCESSIONS - ALL GROUPS
OF AIM FUNDS" on page 54 of the Statement of Additional Information:

                  "In addition to, or instead of, amounts paid to dealers as a
         sales commission, AIM Distributors may, from time to time, at its
         expense or as an expense for which it may be compensated under a
         distribution plan, if applicable, pay a bonus or other consideration or
         incentive to dealers. At the option of the dealer, such incentives may
         take the form of payment for travel expenses, including lodging,
         incurred in connection with trips taken by qualifying registered
         representatives and their families to places within or outside the
         United States. The total amount of such additional bonus payments or
         other consideration shall not exceed 0.25% of the public offering price
         of the shares sold or of average daily net assets of the AIM Fund
         attributable to that particular dealer. Any



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         such bonus or incentive programs will not change the price paid by
         investors for the purchase of the applicable AIM Fund's shares or the
         amount that any particular AIM Fund will receive as proceeds from such
         sales. Dealers may not use sales of the AIM Funds' shares to qualify
         for any incentives to the extent that such incentives may be prohibited
         by the laws of any state."


The following are added as new categories of purchasers who will not pay initial
sales charges on purchases of Class A shares, under the heading "REDUCTIONS IN
INITIAL SALES CHARGES - PURCHASES AT NET ASSET VALUE" on page 57 of the
Statement of Additional Information:

         "o       Qualified State Tuition Programs created and maintained in
                  accordance with Section 529 of the U.S. Internal Revenue Code
                  of 1986, as amended; and

          o       Participants in select brokerage programs for defined
                  contribution plans and rollover IRAs who purchase shares
                  through an electronic brokerage platform offered by entities
                  with which AIM Distributors has entered into a written
                  agreement."