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PIMCO Foundation Distributes 2009 College Scholarships & Grants To Lucky Recipients

NEWPORT BEACH, CA--(Marketwire - October 30, 2009) - The PIMCO Foundation, the charitable arm of the Newport Beach-based money management firm PIMCO, today announced it has awarded $549,375 in 2009 grants to 30 US charities and community organizations.

"PIMCO is committed to community involvement and supporting excellent programs that reflect our values," said Mohamed El-Erian, President of The PIMCO Foundation. "The PIMCO Foundation is very pleased to be providing these outstanding organizations with grants to help them improve the quality of life in our communities around the world."

With over 200 applicants, grants ranged between $5,000 and $25,000. The 2009 grants were awarded across multiple priority areas. The 2009 grant recipients are:

Children: $ 100,000          
Big Brothers Big Sisters of Orange County          
CASA of Orange County          
Orange County Food Bank          
The Painted Turtle          
Project Dignity         
Project HOPE School Foundation    


Disability: $ 30,000          
Fresh Start Surgical Gifts          
Helping our Mentally Ill Experience Success          
Special Olympics Orange County    


Education: $ 94,375          
College Bound - Dollars for Achievers          
Hispanic Scholarship Fund          
Olive Crest Treatment Centers          
Saint Joseph Ballet (now The Wooden Floor)          
St. Margaret's Episcopal School - Breakthrough San Juan Capistrano    


Global Microlending and Microfinance: $ 50,000          
Freedom from Hunger          
Pro Mujer   


Ocean Conservation: $35,000          
Inside the Outdoors Foundation          
San Diego Coastkeeper    


Senior Citizen: $ 80,000          
Costa Mesa Senior Center          
Council on Aging - Orange County          
Irvine Adult Day Health Services          
Latino Health Access    


Women's: $ 135,000          
Breast Cancer Solutions          
Laura's House          
Lestonnac Free Clinic          
Maternal Outreach Management System (MOMS)          
Toby's House          
Venice Family Clinic    


Other programs: $25,000          
Someone Cares Soup Kitchen          
Women Helping Women

The PIMCO Foundation also announced that their window for accepting 2010 grant applications will open on May 17th and will close on July 15th, 2010. The PIMCO Foundation accepts grants nationally for US-based nonprofit organizations. Grant applications for 2010 will be available in April of 2010 at www.pimco.com.

The PIMCO Foundation is committed to making our communities better, stronger and healthier places to live, learn and work by investing in organizations that empower people globally to reach the long term goal of living sustainable, rewarding and responsible lives. Since its founding in 2001, The PIMCO Foundation has awarded over $7.5 million in grants to charities and community organizations around the world.

About PIMCO

With more than $940 billion in fixed-income assets under management (as of 09/30/09), PIMCO is one of the world's leading money management companies and is headquartered in Newport Beach California, with offices in New York City, Amsterdam, London, Munich, Zurich, Tokyo, Toronto, Singapore, Hong Kong and Sydney. Founded in 1971, the company is majority owned by Munich-based Allianz Group, a leading global insurance company with nearly $1 trillion in assets and represented in 70 countries around the globe.

We're excited to launch the Weight Watchers App for our current subscribers and for anyone who is seeking credible health and weight loss information

Weight Watchers today announced the availability of its newly-updated Weight Watchers App on the App Store. The app allows Weight Watchers Online and Weight Watchers eTools subscribers to use their iPhone or iPod touch to access a suite of weight-loss tools included with their subscription wherever and whenever they want and at no extra cost. Whether at a restaurant, the grocery store, on vacation or just out and about, the app offers convenient access to helpful content from Weight Watchers including recipes, articles, a shopping list creator tool, cheat sheets, success stories and a location-based meeting finder.

"We're excited to launch the Weight Watchers App for our current subscribers and for anyone who is seeking credible health and weight loss information in an easily-accessible format for iPhone or iPod Touch," said Peter Philips, senior vice president at WeightWatchers.com. "Being fully engaged with Weight Watchers can help subscribers be successful in achieving their weight loss goals and the app has been designed with this in mind."

All users of the Weight Watchers App, whether or not they're a Weight Watchers Online or eTools subscriber, can:

-- See a new Weight Watchers Featured Recipe each day, and save their 10

favorites

-- Create shopping lists from recipes with the tap of a button

-- Learn to make smarter food choices with interactive Cheat Sheets that

show you what to look for and how to better understand the foods you eat

-- Get inspired by success stories and get valuable tips and insights from

articles

-- Find a convenient Weight Watchers meeting time and location anywhere in

the country

"As a chef and owner of five restaurants throughout Texas, my schedule is hectic, so, when I decided to dedicate myself to dropping a few pounds I had to select a plan that would give me the freedom and flexibility to access my plan wherever I am - these factors led me to choose Weight Watchers," said Kent Rathbun, Dallas-based executive chef and owner of highly-acclaimed Abacus, Jasper's and Rathbun's Blue Plate Kitchen, who has lost weight using Weight Watchers and found the Weight Watchers Mobile tools, including the iPhone App, incredibly helpful. "The Weight Watchers App now allows me to create menus, calculate my POINTS values and track what I eat and drink, whether I'm in Dallas or Fiji. It's the perfect solution for those like me who are constantly on the run."

The Weight Watchers App is available for free from the App Store on iPhone and iPod touch or at www.itunes.com/appstore/.

After the initial launch in September 2009, the Weight Watchers iPhone App was updated with the new recipe, article and cheat sheet features as a result of user feedback. Please visit www.WeightWatchers.com/iPhone for more information about the Weight Watchers App or www.WeightWatchers.com/Mobile to learn about other mobile solutions from Weight Watchers.

About Weight Watchers Online and Weight Watchers eTools

Weight Watchers Online is built on the scientifically-proven approach to weight loss developed by the experts at Weight Watchers and is a subscription-based plan that is practical, liveable and sustainable. Since the plan is followed completely on the Internet, subscribers have 24/7 access to interactive tools and tips housed all in one place, where people can make better food and exercise choices that fit their schedule and lifestyle.

Weight Watchers eTools is the Internet weight-loss companion to meetings that is customized for men and women and is available only for Weight Watchers meetings members. Additionally, with the Monthly Pass payment plan, people can take advantage of unlimited meetings each month along with full access to eTools at a great low price. People who both attend Weight Watchers meetings and use Weight Watchers eTools lose over 50% more weight on average than those who attend weekly meetings alone.(1)

About Weight Watchers International, Inc.

Weight Watchers International, Inc. is the world's leading provider of weight management services, operating globally through a network of Company-owned and franchise operations. Weight Watchers holds over 50,000 weekly meetings where members receive group support and education about healthy eating patterns, behavior modification and physical activity. WeightWatchers.com provides innovative, subscription weight management products over the Internet and is the leading Internet-based weight management provider in the world. In addition, Weight Watchers offers a wide range of products, publications and programs for those interested in weight loss and weight control.

(1) Based on 24 week study; Nguyen V et al. Obesity 15 (9S): A221, 2007.

Weight Watchers

CONTACT: Nicole Burguess, MS&L Worldwide, +1-734-214-1550,Nicole.Burguess@mslworldwide.com

Web site: http://www.weightwatchers.com/

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