RETAIL CLASSES OF

                          AIM ASIA PACIFIC GROWTH FUND
                            AIM EUROPEAN GROWTH FUND
                        AIM GLOBAL AGGRESSIVE GROWTH FUND
                             AIM GLOBAL GROWTH FUND
                             AIM GLOBAL INCOME FUND
                          AIM INTERNATIONAL GROWTH FUND

              (SERIES PORTFOLIOS OF AIM INTERNATIONAL FUNDS, INC.)

                        Supplement dated October 31, 2002
          to the Statement of Additional Information dated June 3, 2002
          as supplemented June 3, 2002, June 7, 2002, July 1, 2002 and
                               September 30, 2002


Effective November 1, 2002, the amount of dealer concessions that A I M
Distributors, Inc. ("AIM Distributors") will pay dealers of record in connection
with purchases of Class A shares of Category I and II Funds by qualified
retirement plans ("Plans") that are Qualified Purchasers, as defined in the
Statement of Additional Information and (i) which have at least 100 eligible
employees or (ii) which execute all Plan transactions through a single omnibus
account per fund by a financial institution or service organization which has
entered into the appropriate agreement with AIM Distributors will change.
Instead of the amounts currently set forth in the fund's Statement of Additional
Information, AIM Distributors will pay 0.50% of the first $20,000,000 invested
by such a Plan plus 0.25% of amounts in excess of $20,000,000, provided that the
applicable dealer of record is able to establish that the Plan's purchase of
Class A shares is a new investment. A "new investment" means a purchase payment
consisting of funds that represent a new investment in the AIM Funds, rather
than funds that represent the proceeds of one or more exchanges of shares that
involved shares of an AIM Fund or funds that represent the proceeds of one or
more retirement plan loan repayments that involved shares of an AIM Fund.


The following information immediately follows the section entitled "CALCULATION
OF PERFORMANCE DATA - Alternative Total Return Quotations" on page 66 of the
Statement of Additional Information:

         "Blended Average Annual Total Return Quotations and Blended Alternative
         Total Return

                  Funds offering Class R shares may use a restated or a blended
         performance calculation to derive certain performance data shown in
         this Statement of Additional Information and in each Fund's
         advertisements and other sales material. If the Fund's Class R shares
         were not offered to the public during the performance period covered,
         the performance data shown will be the restated historical performance
         of the Fund's Class A shares at net asset value, adjusted to reflect
         the higher Rule 12b-1 fees applicable to the Class R shares. If the
         Fund's Class R shares were offered to the public only during a portion
         of the performance period covered, the performance data shown will be
         the blended returns of the historical performance of the Fund's Class R
         shares since their inception and the restated historical performance of
         the Fund's Class A shares (for periods prior to inception of the Class
         R shares) at net asset value, adjusted to reflect the higher Rule 12b-1
         fees applicable to the Class R shares. If the Fund's Class R shares
         were offered to the public during the entire performance period
         covered, the performance data shown will be the historical performance
         of the Fund's Class R shares.

                  A restated or blended performance calculation may be used to
         derive (i) the Fund's standardized average annual total returns over
         one, five and ten years (or since inception if less than ten years) and
         (ii) the Fund's non-standardized cumulative total returns over a stated
         period."