AMENDMENT NO. 10 TO MASTER DISTRIBUTION PLAN The Master Distribution Plan (the "Plan"), dated as of July 16, 2001, pursuant to Rule 12b-1, of AIM Variable Insurance Funds, a Delaware statutory trust, is hereby amended as follows: WHEREAS, the parties...

                                AMENDMENT NO. 10
                                       TO
                            MASTER DISTRIBUTION PLAN

     The Master Distribution Plan (the "Plan"), dated as of July 16, 2001,
pursuant to Rule 12b-1, of AIM Variable Insurance Funds, a Delaware statutory
trust, is hereby amended as follows:

     WHEREAS, the parties desire to amend the Agreement to change the name of
AIM V.I. Real Estate Fund to AIM V.I. Global Real Estate Fund and AIM V.I. Small
Company Growth Fund to AIM V.I. Small Cap Growth Fund;

NOW THEREFORE, Schedule A of the Plan is hereby deleted in its entirety and
replaced with the following:

                                   "SCHEDULE A
                                       TO
                            MASTER DISTRIBUTION PLAN
                                       OF
                          AIM VARIABLE INSURANCE FUNDS
                               (SERIES II 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 (or Class thereof) designated below, a Distribution Fee
     determined by applying the annual rate set forth below as to each Portfolio
     (or Class thereof) to the average daily net assets of the Portfolio (or
     Class thereof) for the plan year, computed in a manner used for the
     determination of the offering price of shares of the Portfolio.



                                          DISTRIBUTION
               PORTFOLIO:                     FEE:
               ----------                 ------------
                                       
AIM V.I. Basic Balanced Fund                 0.25%
AIM V.I. Basic Value Fund                    0.25%
AIM V.I. Capital Appreciation Fund           0.25%
AIM V.I. Capital Development Fund            0.25%
AIM V.I. Core Equity Fund                    0.25%
AIM V.I. Demographic Trends Fund             0.25%
AIM V.I. Diversified Dividend Fund           0.25%
AIM V.I. Diversified Income Fund             0.25%
AIM V.I. Dynamics Fund                       0.25%
AIM V.I. Financial Services Fund             0.25%
AIM V.I. Global Equity Fund                  0.25%
AIM V.I. Global Health Care Fund             0.25%
AIM V.I. Global Real Estate Fund             0.25%
AIM V.I. Government Securities Fund          0.25%
AIM V.I. High Yield Fund                     0.25%
AIM V.I. International Core Equity Fund      0.25%
AIM V.I. International Growth Fund           0.25%
AIM V.I. Large Cap Growth Fund               0.25%
AIM V.I. Leisure Fund                        0.25%
AIM V.I. Mid Cap Core Equity Fund            0.25%
AIM V.I. Money Market Fund                   0.25%
AIM V.I. Small Cap Equity Fund               0.25%





                                       
AIM V.I. Small Cap Growth Fund               0.25%
AIM V.I. Technology Fund                     0.25%
AIM V.I. Utilities Fund                      0.25%"


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

Dated: July 3, 2006

                                        AIM VARIABLE INSURANCE FUNDS
                                        (on behalf of its Series II Shares)


Attest:                                 By:
        -----------------------------       ------------------------------------
        Assistant Secretary                 President


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