Calvert Signs on to Eurosif Transparency Guidelines; Socially Responsible Firm is First US-Based Signatory

Other investors, such as retirement plans and college
savings plans, may also open new accounts upon approval of A I M
Distributors, Inc.

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(2/05,5342-Rev)

Founded in 1976, AIM Investments had $138 billion in assets
under management as of December 31, 2004.aiminvestments .

About AMVESCAP

A I M Management Group Inc. 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.

yourself environmentally

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Calvert is one of the nation's largest socially responsible mutual
fund firms with over $10 billion in assets under management.

indirectly investor

portion socially

"This is particularly true for socially responsible mutual funds,
focused - as we are - on promoting improved corporate governance and
social responsibility.eurosif. 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.

indirectly portion

AIM Investments Announces Limited Offering of AIM Real Estate Fund

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com
Eurosif (www.2748 for a free prospectus. The prospectus contains this and other
information.

responsible advisers

is a subsidiary of AMVESCAP PLC, a
leading independent global investment manager, dedicated to helping
people worldwide build their financial security.

portion environmentally

Signatories must make their
disclosures publicly available on at least an annual basis. Read it carefully before you invest or send money., AIM Private Asset Management, Inc.

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For more information, visit
www., A I M Capital Management,
Inc.

mutual accused

"We are pleased to begin 2005 by taking this additional step toward
more robust disclosure, so that our shareholders and other
stakeholders have as much information as possible about our own
corporate social responsibility.
The fund will still be available for investment to existing
shareholders.amvescap.

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For more information on Calvert, click on
www.368., member NASD, a subsidiary of Calvert Group.com.

socialfunds responsibility

are the investment advisors for the products
and services represented by AIM Investments.

portion environmentally

calvert., Distributor.

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Calvert is the only US-based asset
management firm that is presently a member of Eurosif. Calvert also has an extensive lineup of tax-free and taxable
fixed income investments.com
Note to editors -- We are required to include the following
information with our news release:
Consider the investment objectives, risks, and charges and
expenses carefully before investing. For this and other important
information about any AIM fund, please obtain a prospectus from your
financial advisor and read it carefully before investing.

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Krumsiek, President and CEO of Calvert.
Under the Guidelines, socially responsible funds are asked to provide
detailed information about fund managers, their research processes and
investment criteria, how they vote shareholder proxies, and what
strategies they deploy to engage corporations in promoting greater
corporate social responsibility.

Calvert mutual funds are underwritten and distributed by Calvert
Distributors Inc.

About AIM Investments

Houston-based AIM Investments represents one of the nation 's
leading investment management companies.
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.

News services, newspapers, books, magazines and e-zines, and journals dedicated to socially responsible, ethical, and sustainable investing.

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Calvert
offers thirty funds that allow individual and institutional investors
to pursue a broad range of investment objectives within a single fund
family. AIM Investments is a service mark of A I M
Management Group Inc.

A I M Distributors, Inc.

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The Eurosif Transparency Guidelines were designed
for use by the retail socially responsible investment (SRI) fund
sector in order to provide more disclosure and increased
accountability to investors.

Business Editors

HOUSTON----AIM Investments(R)
announced today that AIM Real Estate Fund will be offered on a limited
basis to certain investors, effective at the close of business on
April 29, 2005.
Rising interest rates will affect the performance of the fund's
investments in debt securities., and AIM Alternative Asset
Management Company, Inc.

socialfunds advisers

"At Calvert , we have long believed that corporate accountability
begins with disclosure and is constantly enriched by more robust
disclosure," said Barbara J.

For more information on any Calvert fund, please contact Calvert
at 800." Additional
information is available at www.

responsibility portion

calvert.
Investing in a single-sector mutual fund involves greater risk and
potential reward than investing in a more diversified fund. The Fund
invests substantial assets in real estate investment trusts (REITs)
that involve risks not associated with investing in stocks.
The fund can invest up to 25% of its assets in foreign securities
that involve risks not associated with investing solely in the United
States.

investor advisers

----Calvert , one of the
nation's largest family of socially responsible mutual funds,
announced today that it has become a signatory to new Transparency
Guidelines promulgated by the European Social Investment Forum
(Eurosif), and will publish its disclosures on the firm's web site
(www. An investor should consider the
investment objectives, risks, charges, and expenses of an investment
carefully before investing. A I M Distributors, Inc.

advisers socialfunds

com). A complete list of
eligible investors is available in the fund's prospectus.

terrorists aiding

"
The Eurosif Transparency Guidelines were promulgated for the
purpose of increasing accountability to investors and creating greater
clarity for asset managers, research providers and other stakeholders., the fund's distributor. 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.

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We are pleased to become a signatory to the
Eurosif Transparency Guidelines . Its members,
representing assets totaling over EUR 600bn, include pension funds,
financial service providers, academic institutes, research
organizations, trade unions and non-governmental organizations .

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Business Editors

BETHESDA, Md.
"At the end of 2004, Calvert published its first ever
Sustainability Report following GRI Guidelines," says Ms. Krumsiek.org) is a pan-European non-for -profit
association whose mission is to encourage and develop sustainable and
responsible investment and better corporate governance. A I M Advisors, Inc.

investor yourself

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