PIMCO Commercial Mortgage Securities Trust, Inc. Announces Annual Shareholder Meeting


NEWPORT BEACH, Calif., Feb. 23, 1999 (PRIMEZONE) -- PIMCO Commercial Mortgage Securities Trust, Inc. (NYSE: PCM), a closed-end investment company investing primarily in commercial mortgage-backed securities, today announced that the Annual Meeting of Shareholders of the Fund will be held at the offices of PIMCO Commercial Mortgage Securities Trust, Inc., 840 Newport Center Drive, Newport Beach, California 92660, on Wednesday, April 14, 1999, at 10:00 a.m., Pacific time. The Board of Directors has set the close of business on Monday, March 8, 1999 as the record date for determining shareholders entitled to notice of and to vote at the meeting or any adjournments of the meeting.

For further information, please contact Garlin G. Flynn, Secretary, PIMCO Commercial Mortgage Securities Trust, Inc., at (949) 760-4714.

Past performance is no guarantee of future results. Investment return and share price will fluctuate so that shares, when redeemed, may be worth more or less than their original cost.



            

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