EX-99.L3 13 h53945aaexv99wl3.txt INITIAL CAPITALIZATION AGREEMENT [AIM INVESTMENTS LOGO APPEARS HERE] --Registered Trademark-- 11 Greenway Plaza, Suite 100 Houston, TX 77046-1173 713-626-1919 A I M Advisors, Inc. April 28, 2005 Board of Trustees AIM Investment Securities Funds 11 Greenway Plaza, Suite 100 Houston, Texas 77046-1173 Re: Initial Capital Investment In New Portfolio Of AIM Investment Securities Funds (the "Fund") Ladies and Gentlemen: We are purchasing shares of the Fund for the purpose of providing initial investment for a new investment portfolio of the Fund. The purpose of this letter is to set out our understanding of the conditions of and our promises and representations concerning this investment. We hereby agree to purchase shares equal to the following dollar amount for the portfolio:
FUND AMOUNT DATE ---- ------ ---- AIM Global Real Estate Fund -- Class A Shares $10.00 April 28, 2005 AIM Global Real Estate Fund -- Class B Shares $10.00 April 28, 2005 AIM Global Real Estate Fund -- Class C Shares $10.00 April 28, 2005 AIM Global Real Estate Fund -- Class R Shares $10.00 April 28, 2005 AIM Global Real Estate Fund -- Institutional Class Shares $10.00 April 28, 2005 AIM Global Real Estate Fund -- Class A Shares $600,000 April 29, 2005 AIM Global Real Estate Fund -- Class B Shares $600,000 April 29, 2005 AIM Global Real Estate Fund -- Class C Shares $600,000 April 29, 2005 AIM Global Real Estate Fund -- Class R Shares $600,000 April 29, 2005 AIM Global Real Estate Fund -- Institutional Class Shares $600,000 April 29, 2005
We understand that the initial net asset value per share for the portfolio named above will be $10.00. We hereby represent that we are purchasing these shares solely for our own account and solely for investment purposes without any intent of distributing or reselling said shares. We further represent that disposition of said shares will only be by direct redemption to or repurchase by the Fund. April 28, 2005 Page 2 We further agree to provide the Fund with at least three days' advance written notice of any intended redemption and agree that we will work with the Fund with respect to the amount of such redemption so as not to place a burden on the Fund and to facilitate normal portfolio management of the Fund. Sincerely yours, A I M ADVISORS, INC. /s/ Mark H. Williamson ------------------------- Mark H. Williamson President cc: Mark Gregson David Hessel Gary Trappe A Member of the AMVESCAP Group