PIMCO's Bill Gross' November "Investment Outlook" Available as a Podcast Titled "Shadow Dancing"

NEWPORT BEACH, CA--(Marketwire - November 5, 2007) - PIMCO today announced that Chief Investment Officer and Founder Bill Gross' November "Investment Outlook" is available as a free podcast on iTunes.com and pimco.com. This month's podcast covers topics such as the Super SIV, the Fed, the shadow banking-system, and housing.

Gross, the first major money manager to podcast, offers provocative views for investing and the economy. Gross' 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. There also is a Japanese version of his podcasts available on iTunes.

About PIMCO

Founded in 1971 and based in Newport Beach, California, with more than $721 billion in fixed-income assets under management, PIMCO is one of the world's leading fixed-income fund-management companies with offices in Amsterdam, London, Munich, Toronto, Sydney, Singapore, Hong Kong, and Tokyo.

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