Exhibit 15(a)(2)
AMENDMENT NO. 1
TO
MASTER DISTRIBUTION PLAN
OF
AIM SPECIAL OPPORTUNITIES FUNDS
(CLASS A AND CLASS C SHARES)
The Master Distribution Plan (the "Agreement"), dated effective
____________, 1998, as amended, by AIM Special Opportunities Funds, a Delaware
business trust, with respect to the Class A and Class C Shares of each series of
shares of beneficial interest as set forth in the Agreement, is hereby amended
as follows:
Appendix A of the Agreement is hereby deleted in its entirety and replaced
with the following:
APPENDIX A
TO
MASTER DISTRIBUTION PLAN
OF
AIM SPECIAL OPPORTUNITIES FUNDS
(DISTRIBUTION FEE)
The Fund shall pay the Distributor as full compensation for all services
rendered and all facilities furnished under the Distribution Plan for each
Portfolio as designated below, a Distribution Fee* determined by applying the
annual rate set forth below as to each Portfolio (or Class A and Class C
thereof) to the average daily net assets of the Portfolio (or Class A and Class
C thereof) for the plan year, computed in a manner used for the determination of
the offering price of shares of the Portfolio (or Class A and Class C thereof).
ASSET
BASED MAXIMUM
SALES SERVICE AGGREGATE
PORTFOLIO CHARGE FEE FEE
--------- ------ --- ---
(Class A Shares)
AIM Mid Cap Opportunities Fund 0.10% 0.25% 0.35%
AIM Small Cap Opportunities Fund 0.10% 0.25% 0.35%
PORTFOLIO
---------
(Class C Shares)
AIM Mid Cap Opportunities Fund 0.75% 0.25% 1.00%
AIM Small Cap Opportunities Fund 0.75% 0.25% 1.00%
-------------------------
* The Distribution Fee is payable apart from the sales charge, if any, as
stated in the current prospectus for the Portfolio.
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Dated: ______________________, 1998
AIM SPECIAL OPPORTUNITIES FUNDS
Attest: By:
---------------------------- -------------------------------------
Assistant Secretary Xxxxx X. Xxxxxxx
Senior Vice President
[SEAL]
