AMENDMENT NO. 1
MASTER ADMINISTRATIVE SERVICES AGREEMENT
The Master Administrative Services Agreement (the "Agreement"), dated
November , 25, 2003, by and between A I M Advisors, Inc., a Delaware
corporation, and AIM International Mutual Funds, a Delaware business trust, is
hereby amended as follows:
1. Paragraph 3 of the Agreement is hereby deleted in its entirety and replaced
with the following:
"3. As full compensation for the services performed and the facilities
furnished by or at the direction of the Administrator, the Trust shall pay the
Administrator, on behalf of the Portfolios, in accordance with the Fee Schedule
as set forth in Appendix A attached hereto. Such amounts shall be paid to the
Administrator on a monthly basis."
2. Appendix A of the Agreement is hereby deleted in its entirety and replaced
with the following:
"APPENDIX A
FEE SCHEDULE TO
MASTER ADMINISTRATIVE SERVICES AGREEMENT
OF
AIM INTERNATIONAL MUTUAL FUNDS
PORTFOLIOS EFFECTIVE DATE OF AGREEMENT
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AIM Asia Pacific Growth Fund November 25, 2003
AIM European Growth Fund November 25, 2003
AIM Global Aggressive Growth November 25, 2003
AIM Global Growth Fund November 25, 2003
AIM International Growth Fund November 25, 2003
INVESCO International Core Equity Fund July 1, 2004
The Administrator may receive from each Portfolio reimbursement for costs
or reasonable compensation for such services as follows:
Rate* Net Assets
----- ----------
0.023% First $1.5 billion
0.013% Next $1.5 billion
0.003% Over $3 billion
*Annual minimum fee is $50,000. An additional $10,000 per class of shares is
charged for each class other than the initial class. The $10,000 class fee is
waived for any of the above Portfolios with insufficient assets to result in the
payment of more than the minimum fee of $50,000."
All other terms and provisions of the Agreement not amended herein shall
remain in full force and effect.
Dated: July 1, 2004
A I M ADVISORS, INC.
Attest: /s/ Xxxx Xxxx By: /s/ Xxxx X. Xxxxxxxxxx
----------------------- ---------------------------
Assistant Secretary Xxxx X. Xxxxxxxxxx
President
(SEAL)
AIM INTERNATIONAL MUTUAL FUNDS
Attest: /s/ Xxxx Xxxx By: /s/ Xxxxxx X. Xxxxxx
----------------------- ---------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)