93 %
3 Years 33.55 %
Since
Inception
(5/8/97) 14. Without this arrangement, returns would have been lower.

displayed select

51 % 14. REITs and international real estate securities, preferred securities ,
utilities and large cap value stocks. The
highest 20% of funds in each classification are named Lipper Leaders for
Consistent Return, the next 20% receive a score of 2, the middle 20% are
scored 3, the next 20% are scored 4, and the lowest 20% are scored 5.

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About AIM Investments

Houston -based AIM Investments represents one of the nation's
leading investment management companies.amvescap . The
performance data quoted include change in net asset value and reinvestment of
dividends and capital gains.

The fund's advisor has agreed to waive fees and/or reimburse expenses for
the fund.

Cohen + Steers Realty Focus Fund, Inc.

fund averages

lipper guidance

aiminvestments. Total returns for the fund, current to the most
recent month-end, can be obtained by visiting cohenandsteers.

moneyworld displayed

, AIM Private Asset Management, Inc. A I M Distributors, Inc.), Inc.

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, and AIM Alternative Asset
Management Company, Inc. Additional information about Cohen +
Steers Realty Focus Fund, or any of the firm's open or closed-end funds, can
be found at the firm's Web site, cohenandsteers.S.com and requesting
a prospectus. The overall calculation
is based on an equal-weighted average of percentile ranks for the Consistent
Return metrics over three-, five-, and 10-year periods (if applicable).

recommendations displayed

AIM Investments is a service mark of A I M
Management Group Inc. Operating under the
AIM, INVESCO and Atlantic Trust brands, AMVESCAP strives to deliver
outstanding products and services through a comprehensive array of
retail and institutional products for clients around the world. "We believe the fund's
performance reflects the strength of our investment team and the discipline of
our investment process. The investment return and principal value of an investment
will fluctuate so that shares, when redeemed, may be worth more or less than
their original cost.
Please consider the fund's investment objective , risks, charges and
expenses carefully before investing.

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17 % 6.

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1030 per share will be paid each month of the
second quarter of 2005 as follows: For April, the dividend will be
payable on April 28, 2005, for fund shareholders of record on April
19, 2005. is a subsidiary of AMVESCAP PLC, a
leading independent global investment manager, dedicated to helping
people worldwide build their financial security.41 %
5 Years 21.
Cohen + Steers Realty Focus Fund , Inc.

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com." Additional
information is available at www.

Cohen + Steers Realty Focus Fund For the Second Year in a Row Receives Three-Year Performance Award from Lipper

NEW YORK, Cohen + Steers Realty Focus
Fund Class I Shares (Nasdaq: CSSPX) received the 2006 Lipper three-year
performance award for consistent return for the second year in a row in the
Real Estate Funds category for the period ended December 31, 2005.com.

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Dividends and distributions from AIM Select Real Estate Income
Fund are generally subject to Federal income taxes.41 % 12. This and other information may be
obtained by calling 800-330-7348 or visiting cohenandsteers.

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For more information, visit
www. Please read the prospectus carefully before investing.
For periods ended December 31, 2005, the fund was designated as a Lipper
Leader for the three-year period (out of 157 funds in the Real Estate
category ), five-year period (out of 122 funds in the Real Estate category) and
overall (out of 158 funds in the Real Estate category).

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Business Editors

HOUSTON----The Board of Trustees
for AIM Select Real Estate Income Fund (NYSE:RRE) has declared its
monthly dividends for the second quarter of 2005.

About INVESCO Institutional

INVESCO Institutional (N.

moneyworld displayed

In May, the dividend will be payable on May 27, 2005, for
fund shareholders of record on May 18, 2005. is the North American
institutional division of AMVESCAP PLC. Dallas-based INVESCO Real Estate, the real estate
division of INVESCO Institutional, commenced operations in 1983 and,
together with its affiliates, managed or provided advisory services on
more than $20 billion in private real estate and publicly traded real
estate securities as of December 31, 2004.90 % 13.
Lipper Leader scores for Consistent Return reflect funds' historical risk-
adjusted returns, adjusted for volatility, relative to peers .

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A I M Advisors, Inc.invesco.com

"Our
continued success in this fund demonstrates our commitment to providing our
clients with exceptional results," remarked Joseph Harvey, president of Cohen
+ Steers and a portfolio manager for the fund.64 % 19.07 % 0.

Performance data quoted represent past performance, which is no guarantee
of future results.

fund guidance

com

About AMVESCAP

A I M Management Group Inc.

currency peer

31 % 26.com.
Cohen + Steers is a manager of high-income equity portfolios, specializing
in U.

plc researching

A.institutional. The
Company , which had approximately $382 billion in assets under
management as of December 31, 2004, is listed on the London, New York
and Toronto stock exchanges with the symbol "AVZ." He added that Cohen + Steers employs a propriety valuation
model emphasizing cash flow growth and underlying real estate asset value to
help evaluate current and potential portfolio holdings. In addition, because of the fund's
policy of investing in a limited number of issuers, the fund may be subject to
greater risk of loss than a fund that has a more diversified portfolio.

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"
Jim Corl, chief investment officer of global real estate securities and
co-portfolio manager of the fund noted, "Investing in a limited number of
securities, we can truly focus on companies that we believe offer the superior
return potential. These include falling property
values due to increasing vacancies or declining rents resulting from economic,
legal, or technological developments.

discounts rebates

In addition,
monthly dividends for the fund may later be characterized as a return
of capital and/or capital gains depending on the character of the
dividend reported to the fund after year-end by real estate investment
trusts (REITs) whose securities are held by the fund. It is registered as an
investment adviser with the SEC and subadviser to AIM Select Real
Estate Income Fund. Current performance may be lower or higher than the
performance data quoted.

moneyworld displayed

AIM Select Real Estate Income Fund Board of Trustees Declares Fund Dividends for 2Q 2005

A dividend of $0. For more information, visit
www., A I M Capital Management,
Inc. are the investment advisors for the products
and services represented by AIM Investments. Headquartered in New York City, the firm
serves individual and institutional investors through a wide range of open-end
funds, closed-end funds and separate accounts.

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It is dedicated to building
solutions for its clients with exceptional products and services
through multiple investment management styles and a broad range of
investment portfolios - mutual funds, retirement products, separately
managed accounts for high-net-worth and institutional investors,
annuities, cash management, college savings plans, and offshore
products.

Cohen + Steers Realty Focus Fund Class I Shares Total Returns
Average annual returns as of 12/31/05

Period Cohen + NAREIT S+P 500
Steers Realty Equity REIT Index
Focus Fund Index
(Class I
Shares )*
1 Year 14.16 % 4. The highest Lipper Leader for
Consistent Return (Effective Return) value within each eligible classification
determines the fund classification winner over three, five, or 10 years.

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Founded in 1976, AIM Investments had $138 billion in assets
under management as of December 31, 2004.
is the distributor for the retail mutual funds and Fund Management
Company is the distributor for the institutional money market funds
represented by AIM Investments .62 %

* Returns for Class A, B and C shares, which were first offered on
September 30, 2004, will be lower due to sales charges and differing
expenses. seeks maximum capital appreciation
over the long term through investment in Real Estate Investment Trusts (REITs)
and other real estate oriented companies. Because the
fund concentrates its investments in real estate securities, there are special
risks associated with investing in the fund.
Investors are cautioned that some peer groups are inherently more volatile
than others, and even Lipper Leaders for Consistent Return in the most
volatile groups may not be well suited to shorter-term goals or less risk-
tolerant investors.

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In June, the dividend
will be payable on June 29, 2005, for fund shareholders of record on
June 17, 2005. The scores are
subject to change every month and are calculated for the following time
periods: three-year, five-year, 10-year, and overall.

fitzrovia displayed

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