PIMCO's Bill Gross' June Podcast Available on iTunes, Titled "Staying Rich in the New Normal"

NEWPORT BEACH, CA--(Marketwire - June 5, 2009) - PIMCO today announced that co-Chief Investment Officer and Founder Bill Gross' June "Investment Outlook" is available as a free podcast on iTunes.com and pimco.com. This month's podcast covers topics such as the falling dollar, slower GDP and "the New Normal."

Gross, the first major money manager to podcast, offers provocative views for investing, the economy and life. Gross' free monthly investment forecast can be subscribed to at www.iTunes.com by searching podcasts for "PIMCO" or "Bill Gross." The audio can also be downloaded at www.pimco.com by clicking on the "Investment Outlook" link.

Gross has been making his "Investment Outlook" podcasts available since 2005. A Japanese version of his podcasts is also available on iTunes.

About PIMCO

PIMCO is a global investment management firm that was founded in Southern California in 1971. The firm manages investments for an array of clients, including retirement and other assets that reach more than 8 million people in the U.S. and millions more around the world. Its clients include state, municipal and union pension and retirement plans, individual and investment saving accounts, and public sector reserve management.

PIMCO has more than 1,200 employees, which includes 800 people at its headquarters in Newport Beach, California. The firm also has offices in New York City, Toronto, London, Munich, Amsterdam, Tokyo, Hong Kong, Singapore and Sydney.

Contact Information: CONTACT: Mark Porterfield PIMCO (949) 720-6397