Stull, Stull & Brody Announces Class Action Against Wells Fargo & Company on Behalf of Those Who Purchased Pioneer Mutual Funds From Wells Fargo

Market Wire, December, 2005

Notice is hereby given that a class action lawsuit was filed on November 4, 2005 in the United States District Court for the Northern District of California against Wells Fargo & Company and certain of its affiliates, on behalf of those who purchased Pioneer mutual funds from Wells Fargo Investments, LLC ("Wells Fargo Investments") during the period between June 30, 2000 and June 8, 2005, inclusive (the "Class Period").

If you purchased Pioneer mutual funds, Wells Fargo mutual funds, or any funds participating in the Wells Fargo and H.D. Vest Investment Services, LLC ("H.D. Vest") revenue sharing programs ("Wells Fargo Preferred Funds" and "H.D. Vest Preferred Funds," as defined below) through a Wells Fargo Investments or H.D. Vest broker between June 30, 2000 and June 8, 2005, inclusive, and sustained damages, you may, no later than January 10, 2006, request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain Stull, Stull & Brody, or other counsel of your choice, to serve as your counsel in this action. Stull, Stull & Brody has litigated many class actions for violations of securities laws in federal courts over the past 30 years and has obtained court approval of substantial settlements on numerous occasions. Stull, Stull & Brody maintains offices in both New York and Los Angeles.

The Pioneer mutual funds and their respective symbols are as follows:

Pioneer (NASDAQ: PIODX) (NASDAQ: PBODX) (NASDAQ: PCODX)
(NASDAQ: PFIOX) (NASDAQ: PIORX) (NASDAQ: PYODX)
Pioneer America Income Trust (NASDAQ: PUSGX) (NASDAQ: PBUSX)
(NASDAQ: PCUSX) (NASDAQ: PUSIX)
Pioneer AmPac Growth (NASDAQ: PAPRX) (NASDAQ: PRABX)
(NASDAQ: PRRCX) (NASDAQ: PRFRX)
Pioneer Balanced (NASDAQ: MOMIX) (NASDAQ: PBMIX)
(NASDAQ: PCMPX) (NASDAQ: MOIIX)
Pioneer Bond (NASDAQ: PIOBX) (NASDAQ: PBOBX) (NASDAQ: PCYBX)
(NASDAQ: BFIOX) (NASDAQ: PBFRX) (NASDAQ: PICYX)
Pioneer CA Tax Free Income (NASDAQ: CATAX) (NASDAQ: CATBX)
(NASDAQ: CATCX) (NASDAQ: CATIX)
Pioneer Cullen Value (NASDAQ: CVFCX) (NASDAQ: CVFBX)
(NASDAQ: CVCFX) (NASDAQ: CVFYX)
Pioneer Emerging Markets (NASDAQ: PEMFX) (NASDAQ: PBEFX)
(NASDAQ: PCEFX) (NASDAQ: PYEFX)
Pioneer Equity Opportunity (NASDAQ: PEOFX) (NASDAQ: PEOBX)
(NASDAQ: PEOCX)
Pioneer Equity-Income (NASDAQ: PEQIX) (NASDAQ: PBEQX)
(NASDAQ: PCEQX) (NASDAQ: PQIRX) (NASDAQ: PYEQX)
Pioneer Europe Select Equity (NASDAQ: PERAX) (NASDAQ: PERBX)
(NASDAQ: PERCX)
Pioneer Global High Yield (NASDAQ: PGHYX) (NASDAQ: PGHBX)
(NASDAQ: PGYCX)
Pioneer Growth (NASDAQ: MOMGX) (NASDAQ: PBMGX) (NASDAQ: PCMGX)
(NASDAQ: MOIGX) (NASDAQ: PGRRX) (NASDAQ: PYMGX)
Pioneer Growth Leaders (NASDAQ: LRPSX) (NASDAQ: LRPBX)
(NASDAQ: LRPCX) (NASDAQ: LRPRX)
Pioneer Growth Opportunities (NASDAQ: PGOFX) (NASDAQ: GOFBX)
(NASDAQ: GOFCX) (NASDAQ: PGIFX)
Pioneer High Yield (NASDAQ: TAHYX) (NASDAQ: TBHYX) (NASDAQ: PYICX)
(NASDAQ: TAHIX) (NASDAQ: TYHRX) (NASDAQ: TYHYX)
Pioneer Ibbotson Aggressive Allocation (NASDAQ: PIAAX) (NASDAQ: IALBX)
(NASDAQ: IALCX)
Pioneer Ibbotson Conservative Alloc (NASDAQ: PIAVX) (NASDAQ: PIBVX)
(NASDAQ: PICVX)
Pioneer Ibbotson Growth Allocation (NASDAQ: GRAAX) (NASDAQ: GRABX)
(NASDAQ: GRACX)
Pioneer Ibbotson Moderate Allocation (NASDAQ: PIALX) (NASDAQ: PIBLX)
(NASDAQ: PIDCX)
Pioneer Independence (NASDAQ: PINDX)
Pioneer International Equity (NASDAQ: PIWEX) (NASDAQ: PBWEX)
(NASDAQ: PCWEX) (NASDAQ: IEIPX) (NASDAQ: PIEYX)
Pioneer International Value (NASDAQ: PIIFX) (NASDAQ: PBIFX)
(NASDAQ: PCITX)
Pioneer Mid-Cap Growth (NASDAQ: PITHX) (NASDAQ: PBMDX)
(NASDAQ: PCMCX) (NASDAQ: PMCYX)
Pioneer Mid-Cap Value (NASDAQ: PCGRX) (NASDAQ: PBCGX)
(NASDAQ: PCCGX) (NASDAQ: PGCIX) (NASDAQ: PCMRX) (NASDAQ: PYCGX)
Pioneer Municipal Bond (NASDAQ: PBMFX) (NASDAQ: PBMUX)
(NASDAQ: MNBCX) (NASDAQ: PBIMX)
Pioneer Oak Ridge Large Cap Growth (NASDAQ: ORILX) (NASDAQ: ORLBX)
(NASDAQ: ORLCX) (NASDAQ: ORLRX) (NASDAQ: PORYX)
Pioneer Oak Ridge Small Cap Growth (NASDAQ: ORIGX) (NASDAQ: ORIBX)
(NASDAQ: ORICX)
Pioneer Protected Principal Plus (NASDAQ: PPPAX) (NASDAQ: PPPBX)
(NASDAQ: PPPCX)
Pioneer Protected Principal Plus II (NASDAQ: PPFAX) (NASDAQ: PPFBX)
(NASDAQ: PPFCX)
Pioneer Real Estate (NASDAQ: PWREX) (NASDAQ: PBREX) (NASDAQ: PCREX)
(NASDAQ: PYREX)
Pioneer Research (NASDAQ: PATMX) (NASDAQ: PBTMX) (NASDAQ: PCTMX)
(NASDAQ: PRFYX)
Pioneer Short Term Income (NASDAQ: STABX) (NASDAQ: STBBX) (NASDAQ: PSHCX)
(NASDAQ: PSHYX)
Pioneer Small and Mid Cap Growth (NASDAQ: PAPPX) (NASDAQ: MCSBX)
(NASDAQ: CGCPX) (NASDAQ: CGCRX)
Pioneer Small Cap Value (NASDAQ: PIMCX) (NASDAQ: PBMOX) (NASDAQ: PSVCX)
(NASDAQ: CALLX) (NASDAQ: PSVRX) (NASDAQ: PCAYX)
Pioneer Small Company (NASDAQ: PSCFX) (NASDAQ: PBSCX)
(NASDAQ: PCSCX)
Pioneer Strategic Growth (NASDAQ: PAAFX) (NASDAQ: PIABX) (NASDAQ: PAGCX)
Pioneer Strategic Income (NASDAQ: PSRAX) (NASDAQ: PSRBX) (NASDAQ: PSRCX)
 (NASDAQ: STIRX) (NASDAQ: STRYX)
Pioneer Tax Free Income (NASDAQ: MOMTX) (NASDAQ: PBMTX) (NASDAQ: PCMTX)
(NASDAQ: MOITX) (NASDAQ: PYMTX)
Pioneer Value (NASDAQ: PIOTX) (NASDAQ: PBOTX) (NASDAQ: PCOTX)
(NASDAQ: PIOIX) (NASDAQ: PVFRX) (NASDAQ: PVFYX)