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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G


                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                           (AMENDMENT NO.   1   )*
                                         -------


                              Lamar Advertising Co.
                              ---------------------
                                (Name of Issuer)

                     Common Stock, $.001 par value per share
                     ---------------------------------------
                         (Title of Class of Securities)

                                    512815101
                                    ---------
                                 (CUSIP Number)

                               December 31, 2004
                               -----------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.


The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).




                                  SCHEDULE 13G


CUSIP No. 512815101

--------------------------------------------------------------------------------
   1.   Names of Reporting Persons.
        I.R.S. Identification Nos. of above persons (entities only).

        A I M Management Group Inc., on behalf of itself and its wholly-owned
        subsidiaries, A I M Advisors, Inc. and A I M Capital Management, Inc.
        I.D. No. 74-1881407
--------------------------------------------------------------------------------
   2.   Check the Appropriate Box if a Member of a Group (See Instructions)

        (a)
            --------------------------------------------------------------------
        (b)
            --------------------------------------------------------------------
--------------------------------------------------------------------------------
   3.   SEC Use Only
                     -----------------------------------------------------------

--------------------------------------------------------------------------------

   4.   Citizenship or Place of Organization     Delaware


--------------------------------------------------------------------------------
                             5.   Sole Voting Power                2,532,600

                           -----------------------------------------------------
Number of Shares             6.   Shared Voting Power        ---------------
Beneficially Owned
by Each Reporting          -----------------------------------------------------
Person With                  7.   Sole Dispositive Power           2,532,600

                           -----------------------------------------------------
                             8.   Shared Dispositive Power   ---------------

--------------------------------------------------------------------------------
   9.   Aggregate Amount Beneficially Owned by Each Reporting Person   2,532,600

--------------------------------------------------------------------------------
   10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares
        (See Instructions)
                            ----------------

--------------------------------------------------------------------------------
   11.  Percent of Class Represented by Amount in Row (9)     2.8%

--------------------------------------------------------------------------------
   12.  Type of Reporting Person (See Instructions)     HC

--------------------------------------------------------------------------------






                                  SCHEDULE 13G


Item 1(a)         NAME OF ISSUER:

                  Lamar Advertising Co.

Item 1(b)         ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                  5551 Corporate Blvd.
                  Baton Rouge, LA  70808

Item 2(a)         NAME OF PERSON FILING:

                  A I M Management Group Inc.

Item 2(b)         ADDRESS OF PRINCIPAL BUSINESS OFFICE:

                  11 Greenway Plaza, Suite 100
                  Houston, Texas  77046

Item 2(c)         CITIZENSHIP:

                  State of Delaware

Item 2(d)         TITLE OF CLASS OF SECURITIES:

                  Common Stock, $.001 par value per share

Item 2(e)         CUSIP NUMBER:

                  512815101

Item 3            TYPE OF REPORTING PERSON:

                  Parent Holding Company, in accordance with section
                  240.13d-1(b)(1)(ii)(G)

Item 4(a)         AMOUNT BENEFICIALLY OWNED AS OF DECEMBER 31, 2004:

                  2,532,600

Item 4(b)         PERCENT OF CLASS:

                  2.8%

Item 4(c)         NUMBER OF SHARES AS TO WHICH THE PERSON HAS:


                                                                                             
                  (i)   Sole power to vote or to direct the vote:                         2,532,600
                  (ii)  Shared power to vote or to direct the vote:                       N/A
                  (iii) Sole power to dispose or to direct the disposition of:            2,532,600
                  (iv)  Shared power to dispose or to direct the disposition of:          N/A


Item 5            OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

                  This statement is being filed to report the fact that as of
                  December 31, 2004, the reporting person has ceased to be the
                  beneficial owner of more than five percent of the class of
                  securities.

Item 6            OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
                  PERSON:

                  N/A







Item 7            IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
                  ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
                  COMPANY:

                  A I M Advisors, Inc. and A I M Capital Management, Inc.,
                  Investment Advisers registered under Section 203 of the
                  Investment Advisers Act

Item 8            IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

                  N/A

Item 9            NOTICE OF DISSOLUTION OF A GROUP:

                  N/A

Item 10           CERTIFICATION:

                  By signing below I certify that, to the best of my knowledge
                  and belief, the securities referred to above were acquired and
                  are held in the ordinary course of business and were not
                  acquired and are not held for the purpose of or with the
                  effect of changing or influencing the control of the issuer of
                  the securities and were not acquired and are not held in
                  connection with or as a participant in any transaction having
                  that purpose or effect.

                  SIGNATURE:

                  After reasonable inquiry and to the best of my knowledge and
                  belief, I certify that the information set forth in this
                  statement is true, complete and correct.


                                 February 10, 2005
                                 -----------------
                                       Date


                                 /s/ LISA O. BRINKLEY
                                 -----------------------------------------------
                                                    Signature


                                 Lisa O. Brinkley
                                 Senior Vice President, Chief Compliance Officer
                                 A I M Advisors, Inc.
                                 -----------------------------------------------
                                                    Name/Title


** Please call Jesse Frazier at (713) 214-4780 with questions regarding this
filing.