AIM Small Cap Equity Fund/A (SMEAX), lead manager since August 2000; AIM Capital Development Fund/A (ACDAX), lead manager since January 1998

Investment Style Overview

Employs growth-at-a-reasonable-price strategy, looking for companies with increasing profits and sales, but whose stocks are undervalued. Small Cap Fund buys small companies, while Capital Development Fund targets mid-sized companies.

Key Stock Selection Criteria

*Solid balance sheet

*Strong return on capital and cash flow

*Company results top upwardly revised analysts’ estimates

Key Sell Criteria

*Stock becomes overvalued

*Company’s financial fundamentals erode

Biographical Notes

Paul Rasplicka is a senior vice president and senior portfolio manager with AIM Capital Management Inc., his employer since 1998. Previously, he was a portfolio manager with Invesco Trust Co. He began his career in investing as an equity analyst with Fayez Sarofim & Co. and later joined Daniel Breen & Co. LP as a vice president, partner and money manager. He holds a BS in business administration from the University of Chicago and an MBA from the University of Chicago. He holds designations as a Chartered Financial Analyst and a Chartered Investment Counselor.