PIMCO's Bill Gross' August "Investment Outlook" Podcast Available, Titled "Mooooooo"


NEWPORT BEACH, CA--(Marketwire - July 25, 2008) - PIMCO today announced that co-Chief Investment Officer and Founder, Bill Gross' August "Investment Outlook" is available as a free podcast on iTunes.com and pimco.com. This month's podcast covers topics such as continuing housing losses, the Fed, the omnibus housing bill, and "irritable bovine bowel syndrome."

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. A Japanese version of his podcasts is also available on iTunes.

About PIMCO

With more than $830 billion assets under management, PIMCO is one of the world's leading fund-management companies. Founded in 1971 and based in Newport Beach, California, the company is owned by Allianz Global Investors, a subsidiary of the Munich-based Allianz Group, a leading global insurance company with nearly $1.5 trillion in assets and represented in 70 countries around the globe.

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

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