1
EXHIBIT m(1)(b)
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 June
24, 1998, 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
(CLASS A AND CLASS C SHARES)
(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.
2
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Dated: December 7, 1998
AIM SPECIAL OPPORTUNITIES FUNDS
Attest: /s/ [ILLEGIBLE] By: /s/ XXXXXX X. XXXXXX
--------------------------- --------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
