EXHIBIT d(1)(b)
AMENDMENT NO. 1
MASTER INVESTMENT ADVISORY AGREEMENT
The Master Investment Advisory Agreement (the "Agreement"), dated June
1, 2000, by and between A I M Advisors, Inc., a Delaware corporation, and
Short-Term Investments Trust, a Delaware business trust, is hereby amended as
follows:
Schedule B of the Agreement is hereby deleted in its entirety and
replaced with the following:
"SCHEDULE B
COMPENSATION TO THE ADVISOR
The Trust shall pay the Advisor, out of the assets of a Fund, as full
compensation for all services rendered, an advisory fee for such Fund set forth
below. Such fee shall be calculated by applying the following annual rates to
the average daily net assets of such Fund for the calendar year computed in the
manner used for the determination of the net asset value of shares of such Fund.
GOVERNMENT & AGENCY PORTFOLIO
NET ASSETS ANNUAL RATE
---------- -----------
Total Net Assets................................................ 0.10%
GOVERNMENT TAXADVANTAGE PORTFOLIO
NET ASSETS ANNUAL RATE
---------- -----------
First $250 million.............................................. 0.20%
Over $250 million up to and including $500 million.............. 0.15%
Over $500 million............................................... 0.10%
TREASURY PORTFOLIO
NET ASSETS ANNUAL RATE
---------- -----------
All Assets...................................................... 0.15%
All other terms and provisions of the Agreement not amended herein
shall remain in full force and effect.
Dated January 1, 2002
A I M ADVISORS, INC.
Attest: /s/ XXXXX X. XXXXXX By: /s/ XXXXXX X. XXXXXX
----------------------------------- ------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
SHORT-TERM INVESTMENTS TRUST
Attest: /s/ XXXXX X. XXXXXX By: /s/ XXXXXX X. XXXXXX
----------------------------------- ------------------------------
Assistant Secretary Xxxxxx X. Xxxxxx
President
(SEAL)
