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                       AIM GLOBAL AGGRESSIVE GROWTH FUND
                             AIM GLOBAL GROWTH FUND
                             AIM GLOBAL INCOME FUND

              (SERIES PORTFOLIO OF AIM INTERNATIONAL FUNDS, INC.)

                    Supplement dated October 1, 1998 to the
       Prospectus dated February 20, 1998, as supplemented June 30, 1998


The following paragraph should be inserted under the heading of "Foreign
Securities--Currency Risk" on page 21:

        "Austria, Belgium, Finland, France, Germany, Ireland, Italy,
        Luxembourg, the Netherlands, Portugal, and Spain are members of the
        European Economic and Monetary Union (the "EMU"). The EMU intends to
        establish a common European currency for participating countries which
        will be known as the "euro." It is anticipated that each participating
        country will supplement its existing currency with the euro on January
        1, 1999, and will replace its existing currency with the euro on July
        1, 2002. Any other European country that is a member of the European
        Union and satisfies the criteria for participation in the EMU may elect
        to participate in the EMU and may supplement its existing currency with
        the euro after January 1, 1999.

        The expected introduction of the euro presents unique risks and
        uncertainties, including whether the payment and operational systems of
        banks and other financial institutions will be ready by January 1,
        1999; how outstanding financial contracts will be treated after January
        1, 1999; the establishment of exchange rates for existing currencies
        and the euro; and the creation of suitable clearing and settlement
        systems for the euro. These and other factors could cause market
        disruptions before or after the introduction of the euro and could
        adversely affect the value of securities held by the Portfolio."


The following paragraph replaces in its entirety the third paragraph under the
heading "MANAGEMENT--Portfolio Management" on page 24 of the prospectus :

        "A. Dale Griffin, III, Paul A. Rogge and Jonathan C. Schoolar are
        primarily responsible for the day-to-day management of Growth Fund.
        Background information for Mr. Griffin and Mr. Rogge is discussed above
        with respect to the management of Aggressive Growth Fund. Mr. Griffin
        and Mr. Rogge have been responsible for the Fund since its inception in
        1994. Mr. Schoolar is a Senior Vice President of AIM Capital, Vice
        President of AIM, Vice President of the Company and has been
        responsible for the Fund since its inception in 1994. He has been
        associated with AIM and/or its subsidiaries since 1986 and began
        working as an investment professional in 1984."