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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 September 18, 2001
         to the Statement of Additional Information dated March 1, 2001
as supplemented May 4, 2001, July 6, 2001, August 1, 2001 and September 4, 2001

The following information replaces in its entirety the section appearing under
the heading "INVESTMENT STRATEGIES AND RISKS -- INTERFUND LOANS":

     "INTERFUND LOANS

          Each Fund may lend up to 15% of its net assets to other AIM Funds and
     each Fund may borrow from other AIM Funds to the extent permitted under
     such Fund's investment restrictions. During temporary or emergency periods,
     the percentage of a Fund's net assets that may be loaned to other AIM Funds
     may be increased as permitted by the SEC (for example, as of September 17,
     2001, the SEC has temporarily permitted all mutual funds to lend up to 25%
     of their net assets). If a Fund has borrowed from other AIM Funds and has
     aggregate borrowings from all sources that exceed 10% of such Fund's total
     assets, such Fund will secure all of its loans from other AIM Funds. The
     ability of the Funds to lend their securities to other AIM Funds is subject
     to certain other terms and conditions."