AVZ Amvescap

The Board of Trustees for AIM Select Real Estate Income Fund (NYSE:RRE), AIM�s closed-end real estate fund, has declared a distribution to be paid during November. A distribution of $0.1040 per share will be paid on Nov. 29, 2006, for shareholders of record on Nov. 17, 2006. The distribution consists of approximately $0.0280 of net investment income and approximately $0.0760 of short term capital gain. Monthly distributions from the Fund may later be recharacterized depending on how the character of portfolio distributions received by the Fund from real estate investment trusts (REITS) is reported by REITs after the end of the calendar year. The Fund�s 2006 annual report to shareholders will include information regarding the actual components and tax treatment of all Fund distributions for the calendar year 2006. Because each shareholder�s tax status is unique, shareholders should consult their tax advisor regarding this distribution notice. About AIM Investments AIM Investments 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, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.aiminvestments.com. AIM Investments had approximately $146 billion in assets under management as of Sept. 30, 2006. AIM Investments is a service mark of A I M Management Group Inc. A I M Advisors, Inc., A I M Capital Management, Inc., and AIM Private Asset Management, Inc. are the investment advisors for the products and services represented by AIM Investments. A I M Advisors, Inc. is the investment advisor for AIM Select Real Estate Income Fund. A I M Distributors, Inc. 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. About INVESCO Institutional INVESCO Institutional (N.A.), Inc. is the principal adviser in the North American institutional division of AMVESCAP PLC. It is registered as an investment adviser with the SEC and is the subadviser to AIM Select Real Estate Income Fund. Dallas-based INVESCO Real Estate, the real estate division of INVESCO Institutional, commenced operations in 1983. For more information, visit www.invescorealestate.com. About AMVESCAP A I M Management Group Inc. is a subsidiary of AMVESCAP PLC, a leading independent global investment manager, dedicated to helping people worldwide build their financial security. 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. The Company, which had approximately $441 billion in assets under management as of Sept. 30, 2006, is listed on the London, New York and Toronto stock exchanges with the symbol �AVZ.� Additional information is available at www.amvescap.com. The Board of Trustees for AIM Select Real Estate Income Fund (NYSE:RRE), AIM's closed-end real estate fund, has declared a distribution to be paid during November. A distribution of $0.1040 per share will be paid on Nov. 29, 2006, for shareholders of record on Nov. 17, 2006. The distribution consists of approximately $0.0280 of net investment income and approximately $0.0760 of short term capital gain. Monthly distributions from the Fund may later be recharacterized depending on how the character of portfolio distributions received by the Fund from real estate investment trusts (REITS) is reported by REITs after the end of the calendar year. The Fund's 2006 annual report to shareholders will include information regarding the actual components and tax treatment of all Fund distributions for the calendar year 2006. Because each shareholder's tax status is unique, shareholders should consult their tax advisor regarding this distribution notice. About AIM Investments AIM Investments 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, exchange-traded funds, retirement products, separately managed accounts for high-net-worth and institutional investors, annuities, cash management, college savings plans and offshore products. For more information, visit www.aiminvestments.com. AIM Investments had approximately $146 billion in assets under management as of Sept. 30, 2006. AIM Investments is a service mark of A I M Management Group Inc. A I M Advisors, Inc., A I M Capital Management, Inc., and AIM Private Asset Management, Inc. are the investment advisors for the products and services represented by AIM Investments. A I M Advisors, Inc. is the investment advisor for AIM Select Real Estate Income Fund. A I M Distributors, Inc. 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. About INVESCO Institutional INVESCO Institutional (N.A.), Inc. is the principal adviser in the North American institutional division of AMVESCAP PLC. It is registered as an investment adviser with the SEC and is the subadviser to AIM Select Real Estate Income Fund. Dallas-based INVESCO Real Estate, the real estate division of INVESCO Institutional, commenced operations in 1983. For more information, visit www.invescorealestate.com. About AMVESCAP A I M Management Group Inc. is a subsidiary of AMVESCAP PLC, a leading independent global investment manager, dedicated to helping people worldwide build their financial security. 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. The Company, which had approximately $441 billion in assets under management as of Sept. 30, 2006, is listed on the London, New York and Toronto stock exchanges with the symbol "AVZ." Additional information is available at www.amvescap.com.