PIMCO's European presence began in 1997 with the opening of an office in London. Our mission has been to bring PIMCO's fixed income management expertise and the highest level of client service to Europe and the UK. Over the years, we have grown our client base and have more than EUR 81 billion in assets under management in London (as of 30 June 2008).

PIMCO Europe continues to expand its portfolio management team of local specialists who are an integral part of PIMCO's Global Investment Committee.

We look forward to answering any questions you may have on PIMCO.

Sincerely,
Joseph V. McDevitt
Head of PIMCO Europe