Releases

Below are the terms of the Releases provided by the Settlements, as reflected in each respective Stipulation of Settlement:

RELEASE OF CLAIMS WITH RESPECT TO THE SETTLEMENT WITH
INVESCO/AIM ADVISOR DEFENDANTS:


Pursuant to the Stipulation and Agreement of Settlement (Invesco/AIM Advisor Defendants) dated January 15, 2010 entered into between Plaintiffs and the signatory Invesco/AIM Advisor Defendants (the "Invesco/AIM Advisor Defendants Stipulation"), upon the Effective Date of the Settlement, (a) all claims brought by Investor Class Lead Plaintiff (on behalf of itself and all other Investor Class Members), Derivative Plaintiffs (on behalf of themselves and derivatively on behalf of the Invesco/AIM Funds), and ERISA Class Lead Plaintiff (on behalf of itself and all other ERISA Class Members) against the Invesco/AIM Advisor Released Parties (defined below) in the respective Actions are to be dismissed with prejudice; and (b) Plaintiffs and all Class Members, on behalf of themselves, their heirs, executors, administrators, successors and assigns, shall be deemed to have released and forever discharged the Released Claims (defined below), and shall forever be enjoined from prosecuting the Released Claims, against the Invesco/AIM Advisor Released Parties.

"Released Claims" means any and all claims, demands, rights, actions or causes of action, liabilities, damages, losses, obligations, judgments, suits, matters and issues of any kind or nature whatsoever, whether known or unknown (including "Unknown Claims"), contingent or absolute, suspected or unsuspected, disclosed or undisclosed, hidden or concealed, accrued or unaccrued, matured or unmatured, that have been, could have been, or in the future can or might be asserted in the Complaints or in the Actions, or in any court, tribunal or proceeding (including but not limited to, any claims arising under federal or state law relating to alleged fraud, breach of any duty, negligence, violations of state or federal securities laws, or otherwise) by or on behalf of the Plaintiffs or the Class Members, whether individual, class, derivative, representative, legal, equitable or any other type or in any other capacity, against the Invesco/AIM Advisor Released Parties (whether or not any such Invesco/AIM Released Party was named, served with process or appeared in the Investor Class Action, Derivative Action, or the ERISA Class Action), which have arisen, could have arisen, arise now or hereafter arise out of, or relate in any manner to the allegations, facts, events, transactions, matters, acts, occurrences, statements, representations, misrepresentations, omissions, or any other matter, thing or cause whatsoever, or any series thereof, embraced, involved or set forth in, or referred to or otherwise related, directly or indirectly, in any way to, the Actions or the subject matter of the Actions, and which concern, relate to or arise out of in any respect, directly or indirectly, short-term trading, excessive-trading, market timing and late-trading during the Class Period.

"Invesco/AIM Advisor Released Parties" means (a) the Invesco/AIM Advisor Corporate Defendants, and their parent entities, associates, affiliates or subsidiaries, and each and all of their respective past or present officers, directors, associates, agents, representatives, employees, attorneys, financial or investment advisor, advisors, consultants, accountants, investment bankers, commercial bankers, trustees, insurers, co-insurers and re-insurers, general or limited partners or partnerships, limited liability companies, members, predecessors, successors and assigns; (b) the Invesco/AIM Advisor Individual Defendants and the ERISA Plan Fiduciary Defendants and any and all of their respective families, and any and all of their respective past or present attorneys, counselors, financial or investment advisors, consultants, accountants, agents, trustees, heirs, executors, personal or legal representatives, estates, or administrators; and (c) the successors, heirs and assigns of the foregoing.

All capitalized terms used above that are not defined shall have the meanings set forth in the Invesco/AIM Advisor Defendants Stipulation.

RELEASE OF CLAIMS WITH RESPECT TO THE SETTLEMENT WITH
INVESCO/AIM FUNDS DEFENDANTS:


Pursuant to the Stipulation and Agreement of Settlement (Invesco/AIM Funds Defendants) dated January 15, 2010 entered into between Plaintiffs and the Invesco/AIM Funds Defendants (the "Invesco/AIM Funds Defendants Stipulation"), upon the Effective Date of the Settlement, (a) all claims brought by Investor Class Lead Plaintiff (on behalf of itself and all other Investor Class Members) and Derivative Plaintiffs (on behalf of themselves and derivatively on behalf of the Invesco/AIM Funds) against the Invesco/AIM Funds Released Parties (defined below) in the Actions are to be dismissed with prejudice; and (b) Investor Class Lead Plaintiff and all Class Members, on behalf of themselves, their heirs, executors, administrators, successors and assigns, and Derivative Plaintiffs, on behalf of themselves, their heirs, executors, administrators, successors and assigns, shall be deemed to have released and forever discharged the Released Claims (defined below), and shall forever be enjoined from prosecuting the Released Claims, against the Invesco/AIM Advisor Released Parties.

"Released Claims" means any and all claims, demands, rights, actions or causes of action, liabilities, damages, losses, obligations, judgments, suits, matters and issues of any kind or nature whatsoever, whether known or unknown (including "Unknown Claims"), contingent or absolute, suspected or unsuspected, disclosed or undisclosed, hidden or concealed, accrued or unaccrued, matured or unmatured, that have been, could have been, or in the future can or might be asserted in the Complaints or in the Actions, or in any court, tribunal or proceeding (including but not limited to, any claims arising under federal or state law relating to alleged fraud, breach of any duty, negligence, violations of state or federal securities laws, or otherwise) by or on behalf of the Plaintiffs or the Investor Class Members, whether individual, class, derivative, representative, legal, equitable or any other type or in any other capacity, against the Invesco/AIM Funds Released Parties (whether or not any such Invesco/AIM Funds Released Party was named, served with process or appeared in the Investor Class Action or the Derivative Action), which have arisen, could have arisen, arise now or hereafter arise out of, or relate in any manner to the allegations, facts, events, transactions, matters, acts, occurrences, statements, representations, misrepresentations, omissions, or any other matter, thing or cause whatsoever, or any series thereof, embraced, involved or set forth in, or referred to or otherwise related, directly or indirectly, in any way to, the Actions or the subject matter of the Actions, and which concern, relate to or arise out of in any respect, directly or indirectly, short-term trading, excessive-trading, market timing and late-trading during the Investor Class Period.

"Invesco/AIM Funds Released Parties" means (a) the Invesco/AIM Funds and Invesco/AIM Funds Trusts, and their parent entities, associated, affiliates or subsidiaries, and each and all of their respective past or present officers, directors, associates, agents, representatives, employees, attorneys, financial or investment advisors, advisors, consultants, accountants, investment bankers, commercial bankers, trustees, insurers, co-insurers and re-insurers, general or limited partners or partnerships, limited liability companies, members, predecessors, successors and assigns; and (b) the Invesco/AIM Funds Trustees and any and all of their respective families, and any and all of their respective past or present attorneys, counselors, financial or investment advisors, consultants, accountants, agents, trustees, heirs, executors, personal or legal representatives, estates, or administrators; and (c) the successors, heirs and assigns of the foregoing.

All capitalized terms used above that are not defined shall have the meanings set forth in the Invesco/AIM Funds Defendants Stipulation.

RELEASE OF CLAIMS WITH RESPECT TO THE SETTLEMENT WITH BEAR STEARNS DEFENDANTS:

Pursuant to the Invesco/AIM/Bear Stearns Severed Agreement and Stipulation of Settlement dated January 19, 2010 entered into between Class Plaintiff and the Bear Stearns Defendants (the "Invesco/AIM/Bear Stearns Stipulation"), upon the Effective Date of the Settlement, all Releasing Plaintiffs Parties: (i) shall be conclusively deemed to have fully, finally and forever remised, released, relinquished, dismissed, discontinued, withdrawn, and discharged all Released Claims (as defined below) against any and all of the Bear Stearns Released Parties (as defined below); (ii) shall be conclusively deemed to have covenanted not to sue or assert in any manner any claim, right, cause of action, count, or liability against any of the Bear Stearns Released Parties in any action alleging any claim, right, cause of action, count, or liability that is a Released Claim; (iii) shall be conclusively deemed to have covenanted not to assist, engage in, participate in, facilitate, provide information for, or be involved in any way in the commencement, prosecution, continuance, or pursuit by any third party of any legal, administrative, investigative, or any other action or proceeding of any nature or in asserting any claim, count, right, cause of action, or liability against any of the Bear Stearns Released Parties relating to any Released Claim, including, without limitation, any derivative action or suit, and (iv) shall forever be enjoined and barred from asserting, or assisting, participating in, providing information for, engaging in, facilitating the assertion of, or being involved in any way in the assertion of, any of the Released Claims against any Bear Stearns Released Party in any legal, administrative, investigative, or any other action or proceeding of any nature.

"Released Claims" means any and all claims, rights, causes of action, counts, or liabilities against any or all of the Bear Stearns Released Parties, whether direct, derivative or brought in any other capacity, whether under federal or state law, whether known or unknown (including "Unknown Claims" as defined below), whether suspected or unsuspected, whether accrued or unaccrued, whether asserted or unasserted, concerning in any respect, directly or indirectly, market-timing, late-trading, or short-term or excessive trading in any of the Invesco/AIM Mutual Funds during all or any part of the Class Period, including any claims that any or all of the Bear Stearns Released Parties allowed, assisted, cleared, brokered, financed, caused, acquiesced in, participated or engaged in, provided the means for, subjected investors to or otherwise facilitated or were responsible for market-timing, late-trading, or short-term or excessive trading and including, without limitation, all of the claims and causes of action that were brought and all of such claims and causes of action that could have been brought against any or all of the Bear Stearns Released Parties in the Class Action or the Fund Derivative Action, or in any other legal proceeding or forum.

"Bear Stearns Released Parties" means the Bear Stearns Defendants (i.e., Bear, Stearns & Co. Inc., Bear, Stearns Securities Corp., and The Bear Stearns Companies Inc., currently known as J.P. Morgan Securities Inc., J.P. Morgan Clearing Corp. and The Bear Stearns Companies LLC, respectively) and all of their respective Related Parties (i.e., (a) with respect to natural persons, all of their past and present agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers, executors and administrators; (b) with respect to legal entities other than natural persons, all of their past and present parents, employees, subsidiaries, affiliates, general partners, limited partners, officers, directors, trustees, members, employees, agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers, in any and all capacities; and (c) all of the predecessors, successors, heirs and assigns of the foregoing).

All capitalized terms used above that are not defined shall have the meanings set forth in the Invesco/AIM/Bear Stearns Defendants Stipulation.

RELEASE OF CLAIMS WITH RESPECT TO THE SETTLEMENT WITH CANARY DEFENDANTS:

Pursuant to the Invesco/AIM/Canary Severed Agreement and Stipulation of Settlement dated January 19, 2010 entered into between Plaintiffs and the Canary Defendants (the "Invesco/AIM/Canary Defendants Stipulation"), upon the Effective Date of the Settlement, all Releasing Plaintiffs Parties, on behalf of themselves, their heirs, executors, administrators, successors and assigns: (i) shall be conclusively deemed to have fully, finally and forever released, relinquished, and discharged all Released Claims (as defined below) against the Canary Released Parties (as defined below); (ii) shall be conclusively deemed to have covenanted not to sue the Canary Released Parties in any action alleging any claim that is a Released Claim; (iii) shall be conclusively deemed to have covenanted not to knowingly and voluntarily assist in any way any third party in commencing or prosecuting any suit against the Canary Released Parties relating to any Released Claim, including any derivative suit, and (iv) shall forever be enjoined and barred from asserting the Released Claims against any Canary Released Party in any action or proceeding of any nature.

"Released Claims" means any and all claims against the Canary Released Parties, whether direct, derivative or brought in any other capacity, whether under federal or state law, whether known or unknown (including "Unknown Claims" as defined below), whether suspected or unsuspected, whether accrued or unaccrued, concerning in any respect, directly or indirectly, market-timing, late-trading, or short-term or excessive trading in any of the Invesco/AIM Mutual Funds during the Class Period, including any claims that the Canary Released Parties allowed, assisted, cleared, brokered, financed, provided the means for, subjected investors to or otherwise facilitated market-timing, late-trading, or short-term or excessive trading and including, without limitation, all claims that were alleged in the Class Complaint and the Fund Derivative Complaint and all claims that could have been brought against the Canary Released Parties concerning in any respect, directly or indirectly, market-timing, late-trading, or short-term or excessive trading in any of the Invesco/AIM Mutual Funds during the Class Period.

"Canary Released Parties" means the Canary Defendants (i.e., Canary Capital Partners, LLC; Canary Capital Partners, Ltd.; Canary Investment Management, LLC; and Edward Stern) and their respective Related Parties (i.e., (a) with respect to natural persons, their past or present agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers, executors and administrators; (b) with respect to legal entities other than natural persons, their past and present, parents, employees, subsidiaries, general partners, limited partners, officers, directors, trustees, members, employees, agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers; and (c) the predecessors, successors, heirs and assigns of the foregoing).

All capitalized terms used above that are not defined shall have the meanings set forth in the Invesco/AIM/Canary Defendants Stipulation.

RELEASE OF CLAIMS WITH RESPECT TO THE SETTLEMENT WITH BANC OF
AMERICA SECURITIES LLC:


Pursuant to the Invesco/AIM/BAS Severed Agreement and Stipulation of Settlement dated January 28, 2010 entered into between Plaintiffs and Banc of America Securities LLC ("BAS") (the "Invesco/AIM/BAS Stipulation"), upon the Effective Date of the Settlement, all Releasing Plaintiffs Parties, on behalf of themselves, their heirs, executors, administrators, successors and assigns: (i) shall be conclusively deemed to have fully, finally and forever released, relinquished, and discharged all Released Claims (as defined below) against the Bank of America Released Parties (as defined below); (ii) shall be conclusively deemed to have covenanted not to sue the Bank of America Released Parties in any action alleging any claim that is a Released Claim; (iii) shall be conclusively deemed to have covenanted not to knowingly and voluntarily assist in any way any third party in commencing or prosecuting any suit against the Bank of America Released Parties relating to any Released Claim, including any derivative suit, and (iv) shall forever be enjoined and barred from asserting the Released Claims against any Bank of America Released Party in any action or proceeding of any nature.

"Released Claims" means any and all claims, rights, causes of action or liabilities whatsoever against the Bank of America Released Parties, whether direct, derivative or brought in any other capacity, whether under federal, state, local, statutory or common law, whether known or unknown (including "Unknown Claims" as defined below), whether suspected or unsuspected, whether accrued or unaccrued, concerning in any respect, directly or indirectly, market-timing, late-trading, or short-term or excessive trading in any of the Invesco/AIM Funds during the Class Period, including any claims that the Bank of America Release Parties allowed, assisted, cleared, brokered, financed, provided the means for, subjected investors to otherwise facilitated market-timing, late-trading, or short-term or excessive trading and including, without limitation, all claims that were alleged in the Class Complaint and the Fund Derivative Complaint and all claims that could have been brought against the Bank of America Released Parties that concern, relate to or arise out of, in any respect, directly or indirectly, market-timing, late-trading, or short-term or excessive trading in any of the Invesco/AIM Funds during the Class Period.

"Bank of America Released Parties" means the Bank of America Parties (i.e., BAS, Bank of America Corporation, and Bank of America, N.A.) and all of their respective Related Parties (i.e., (a) with respect to natural persons, their past or present agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers, executors and administrators; (b) with respect to legal entities other than natural persons, their past and present parents, subsidiaries, general partners, limited partners, officers, directors, trustees, members, employees, agents, servants, attorneys, accountants, insurers, co-insurers and re-insurers; and (c) the predecessors, successors, heirs and assigns of the foregoing).

All capitalized terms used above that are not defined shall have the meanings set forth in the Invesco/AIM/BAS Stipulation.