AMENDMENT NO. 7
                                       TO
                              AMENDED AND RESTATED
                          MASTER DISTRIBUTION AGREEMENT
                  (ALL CLASSES OF SHARES EXCEPT CLASS B SHARES)

      The Amended and Restated Master Distribution Agreement (all Classes of
shares except Class B Shares) (the "Agreement") made as of the 18th day of
August, 2003, by and between each registered investment company set forth on
Schedule A to the Agreement (each individually referred to as "Fund", or
collectively, "Funds"), severally, on behalf of each of its series of common
stock or beneficial interest, as the case may be, set forth on Schedule A to the
Agreement, (each, a "Portfolio"), with respect to each class of shares except
Class B Shares (the "Shares") of each Portfolio, and A I M DISTRIBUTORS, INC., a
Delaware corporation (the "Distributor") is hereby amended as follows:

      Schedule A of the Agreement is hereby deleted in its entirety and replaced
with the following:

                                   "SCHEDULE A
                                       TO
                              AMENDED AND RESTATED
                          MASTER DISTRIBUTION AGREEMENT

                  (ALL CLASSES OF SHARES EXCEPT CLASS B SHARES)

AIM COMBINATION STOCK & BOND FUNDS
   INVESCO Core Equity Fund -                          Class A
                                                       Class C
                                                       Class K
                                                       Investor Class

   INVESCO Total Return Fund -                         Class A
                                                       Class C
                                                       Class K
                                                       Institutional Class
                                                       Investor Class

AIM COUNSELOR SERIES TRUST
   INVESCO Advantage Health Sciences Fund -            Class A
                                                       Class C

   INVESCO Multi-Sector Fund -                         Class A
                                                       Class C

AIM EQUITY FUNDS
   AIM Aggressive Growth Fund -                        Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Basic Value II Fund -                           Class A
                                                       Class C



   AIM Blue Chip Fund -                                Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class
                                                       Investor Class

   AIM Capital Development Fund -                      Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Charter Fund -                                  Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Constellation Fund -                            Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Core Strategies Fund -                          Class A
                                                       Class C

   AIM Dent Demographic Trends Fund -                  Class A
                                                       Class C

   AIM Diversified Dividend Fund -                     Class A
                                                       Class C

   AIM Emerging Growth Fund -                          Class A
                                                       Class C

   AIM Large Cap Basic Value Fund -                    Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Large Cap Growth Fund -                         Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Mid Cap Growth Fund -                           Class A
                                                       Class C
                                                       Class R

   AIM U.S. Growth Fund -                              Class A
                                                       Class C

                                        2


   AIM Weingarten Fund -                               Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

AIM FUNDS GROUP
   AIM Balanced Fund -                                 Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Basic Balanced Fund -                           Class A
                                                       Class C

   AIM European Small Company Fund -                   Class A
                                                       Class C

   AIM Global Value Fund -                             Class A
                                                       Class C

   AIM International Emerging Growth Fund -            Class A
                                                       Class C

   AIM Mid Cap Basic Value Fund -                      Class A
                                                       Class C

   AIM Premier Equity Fund -                           Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Select Equity Fund -                            Class A
                                                       Class C

   AIM Small Cap Equity Fund -                         Class A
                                                       Class C
                                                       Class R

AIM GROWTH SERIES
   AIM Basic Value Fund -                              Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Mid Cap Core Equity Fund -                      Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Small Cap Growth Fund -                         Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

                                       3


   AIM Global Equity Fund -                            Class A
                                                       Class C

AIM INTERNATIONAL MUTUAL FUNDS
   AIM Asia Pacific Growth Fund -                      Class A
                                                       Class C

   AIM European Growth Fund -                          Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Global Aggressive Growth Fund -                 Class A
                                                       Class C

   AIM Global Growth Fund -                            Class A
                                                       Class C

   AIM International Growth Fund -                     Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   INVESCO International Core Equity Fund -            Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

AIM INVESTMENT FUNDS
   AIM Developing Markets Fund -                       Class A
                                                       Class C

   AIM Global Health Care Fund -                       Class A
                                                       Class C

   AIM Libra Fund -                                    Class A
                                                       Class C

   AIM Trimark Endeavor Fund -                         Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Trimark Fund -                                  Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

   AIM Trimark Small Companies Fund -                  Class A
                                                       Class C
                                                       Class R
                                                       Institutional Class

                                        4


AIM INVESTMENT SECURITIES FUNDS
   AIM High Yield Fund -                               Class A
                                                       Class C
                                                       Investor Class

   AIM Income Fund -                                   Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Intermediate Government Fund -                  Class A
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Limited Maturity Treasury Fund -                Class A
                                                       Class A3
                                                       Institutional Class

   AIM Money Market Fund -                             AIM Cash Reserve Shares
                                                       Class C
                                                       Class R
                                                       Investor Class

   AIM Municipal Bond Fund -                           Class A
                                                       Class C
                                                       Investor Class

   AIM Short Term Bond Fund -                          Class C


   AIM Total Return Bond Fund -                        Class A
                                                       Class C

   AIM Real Estate Fund -                              Class A
                                                       Class C
                                                       Investor Class

AIM SECTOR FUNDS
   INVESCO Energy Fund -                               Class A
                                                       Class C
                                                       Class K
                                                       Investor Class

   INVESCO Financial Services Fund -                   Class A
                                                       Class C
                                                       Class K
                                                       Investor Class

   INVESCO Gold & Precious Metals Fund -               Class A
                                                       Class C
                                                       Investor Class

                                        5


       INVESCO Health Science Fund -                     Class A
                                                         Class C
                                                         Class K
                                                         Investor Class

       INVESCO Leisure Fund -                            Class A
                                                         Class C
                                                         Class K
                                                         Investor Class

       INVESCO Technology Fund -                         Class A
                                                         Class C
                                                         Class K
                                                         Institutional Class
                                                         Investor Class

       INVESCO Utilities Fund -                          Class A
                                                         Class C
                                                         Investor Class

AIM SPECIAL OPPORTUNITIES FUNDS

       AIM Opportunities I Fund -                        Class A
                                                         Class C

       AIM Opportunities II Fund -                       Class A
                                                         Class C

       AIM Opportunities III Fund -                      Class A
                                                         Class C

AIM STOCK FUNDS

       INVESCO Dynamics Fund -                           Class A
                                                         Class C
                                                         Class K
                                                         Institutional Class
                                                         Investor Class

       INVESCO Mid-Cap Growth Fund -                     Class A
                                                         Class C
                                                         Class K
                                                         Institutional Class
                                                         Investor Class

       INVESCO Small Company Growth Fund -               Class A
                                                         Class C
                                                         Class K

                                                         Investor Class

       INVESCO S&P 500 Index Fund -                      Institutional Class
                                                         Investor Class

                                        6


AIM TAX-EXEMPT FUND

       AIM High Income Municipal Fund -                  Class A
                                                         Class C

       AIM Tax-Exempt Cash Fund -                        Class A
                                                         Investor Class

       AIM Tax-Free Intermediate Fund -                  Class A
                                                         Class A3

AIM TREASURER'S SERIES TRUST

       INVESCO Stable Value Fund -                       Class R
                                                         Institutional Class

       INVESCO U.S. Government Money Fund -              Investor Class

"

                                        7


         All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.

Dated: March 31, 2004

                                        EACH FUND (LISTED ON SCHEDULE A) ON
                                        BEHALF OF THE SHARES OF EACH PORTFOLIO
                                        LISTED ON SCHEDULE A

                                        By:  /s/ Mark H. Williamson
                                             ----------------------------------
                                             Mark H. Williamson
                                             Executive Vice President

                                        A I M DISTRIBUTORS, INC.

                                        By:  /s/ Gene L. Needles
                                             ----------------------------------
                                             Gene L. Needles
                                             President

                                        8