NEWPORT BEACH, CA -- (MARKET WIRE) -- 04/11/08 -- PCM Fund, Inc. (NYSE: PCM) (the "Fund"),a closed-end bond fund that invests principally in commercialmortgage-backed securities, today announced the adjournment of its AnnualMeeting of Shareholders of the Fund until April 23, 2008, at 10:00 a.m.,Pacific time, at 800 Newport Center Drive, 6th Floor, Newport Beach,California 92660. The Annual Meeting was adjourned to give the Fundadditional time to solicit proxies for proposals to approve an InvestmentManagement Agreement between the Fund and Allianz Global Investors FundManagement LLC ("AGIFM"), an affiliate of Pacific Investment ManagementCompany LLC ("PIMCO"), and a Portfolio Management Agreement between AGIFMand PIMCO. PIMCO
J. Stephen King
(949) 720-6293
www.pcmfund.com
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