1 17 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Growth & Income Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Global Growth and Income Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 2 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. . PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE GROWTH & INCOME FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Growth & Income Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature --------------------------------- Signature (if held jointly) -------------- Date ------------------------------------- 3 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Series, acting on behalf of GT Global Variable America Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Capital Appreciation Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 4 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT SERIES ON BEHALF OF GT GLOBAL VARIABLE AMERICA FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable America Fund, an investment portfolio of GT Global Variable Investment Series, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) ---------------- Date -------------------------------------- 5 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. . THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Series, acting on behalf of GT Global Variable International Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 6 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT SERIES ON BEHALF OF GT GLOBAL VARIABLE INTERNATIONAL FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable International Fund, an investment portfolio of GT Global Variable Investment Series, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 7 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Series, acting on behalf of GT Global Variable Europe Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 8 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT SERIES ON BEHALF OF GT GLOBAL VARIABLE EUROPE FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Europe Fund, an investment portfolio of GT Global Variable Investment Series, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 9 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Natural Resources Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 10 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE NATURAL RESOURCES FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Natural Resources Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 11 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. . THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Infrastructure Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 12 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE INFRASTRUCTURE FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Infrastructure Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 13 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. . THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Series, acting on behalf of GT Global Variable New Pacific Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 14 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT SERIES ON BEHALF OF GT GLOBAL VARIABLE NEW PACIFIC FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable New Pacific Fund, an investment portfolio of GT Global Variable Investment Series, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 15 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. . THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Latin America Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 16 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE LATIN AMERICA FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Latin America Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 17 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Emerging Markets Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. International Equity Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 18 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE EMERGING MARKETS FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Emerging Markets Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 19 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Telecommunications Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Telecommunications Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 20 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE TELECOMMUNICATIONS FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Telecommunications Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 21 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Strategic Income Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Diversified Income Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 22 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE STRATEGIC INCOME FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Strategic Income Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 23 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable Global Government Income Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Diversified Income Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 24 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE GLOBAL GOVERNMENT INCOME FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable Global Government Income Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 25 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Trust, acting on behalf of GT Global Variable U.S. Government Income Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Government Securities Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 26 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT TRUST ON BEHALF OF GT GLOBAL VARIABLE U.S. GOVERNMENT INCOME FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Variable U.S. Government Income Fund, an investment portfolio of GT Global Variable Investment Trust, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date -------------------------------------- 27 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. THIS PROXY IS SOLICITED ON BEHALF OF THE TRUSTEES. THE TRUSTEES RECOMMEND VOTING "FOR" THE PROPOSAL. TO VOTE, FILL IN BOX COMPLETELY. EXAMPLE: FOR AGAINST ABSTAIN 1. Proposal to approve an Agreement and Plan of Reorganization [ ] [ ] [ ] by and among GT Global Variable Investment Series, acting on behalf of GT Global Money Market Fund, AIM Variable Insurance Funds, Inc., acting on behalf of AIM V.I. Money Market Fund, and A I M Advisors, Inc. 2. IN THE DISCRETION OF SUCH PROXIES, UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING OR ANY ADJOURNMENT THEREOF. 28 EVERY SHAREHOLDER'S VOTE IS IMPORTANT! PLEASE SIGN, DATE AND RETURN YOUR PROXY TODAY! Please detach at perforation before mailing. PROXY PROXY PROXY SOLICITED BY THE BOARD OF TRUSTEES OF GT GLOBAL VARIABLE INVESTMENT SERIES ON BEHALF OF GT GLOBAL MONEY MARKET FUND PROXY FOR SPECIAL MEETING OF SHAREHOLDERS AUGUST 25, 1999 The undersigned hereby appoints Robert H. Graham and Gary T. Crum, and each of them separately, proxies with the power of substitution to each, and hereby authorizes them to represent and to vote, as designated below, at the Special Meeting of Shareholders of GT Global Money Market Fund, an investment portfolio of GT Global Variable Investment Series, on August 25, 1999 at 3:00 p.m. Central time, and at any adjournment thereof, all of the shares of the Fund which the undersigned would be entitled to vote if personally present. IF THIS PROXY IS SIGNED AND RETURNED WITH NO CHOICES INDICATED, THE SHARES WILL BE VOTED "FOR" THE APPROVAL OF THE PROPOSAL. NOTE: PLEASE SIGN EXACTLY AS YOUR NAME APPEARS ON THIS PROXY CARD. All joint owners should sign. When signing as executor, administrator, attorney, trustee or guardian or as custodian for a minor, please give full title as such. If a corporation, please sign in full corporate name and indicate the signer's office. If a partner, sign in the partnership name. Signature ---------------------------------- Signature (if held jointly) --------------- Date --------------------------------------