PricewaterhouseCoopers Launches Two Innovative Programs That Extend Firm's Corporate...

PricewaterhouseCoopers Launches Two Innovative Programs That Extend Firm's
Corporate Responsibility Commitment
Project "Make [it] count" Enables PwC Employees to Demonstrate Responsible
Leadership; Expanded Flexible Work Options Benefit Firm's People

NEW YORK, July 7 /PRNewswire/ -- To support individual action and embed a
culture of responsible leadership, PricewaterhouseCoopers LLP (PwC) today
announced two additional approaches to driving the firm's corporate
responsibility efforts through empowering its people and impacting the
community in the midst of challenging economic times.

Through an innovative program called Project Make [it] count, the firm
encouraged its people to demonstrate their responsible leadership. "Our 30,000
partners and staff have collectively made an indelible impact in their
communities through Firm-sponsored efforts, and we wanted to show how one
individual can make a difference and inspire others to take action," said
partner Kelly Barnes, member of PwC's Leadership Team.

This inaugural effort invited individuals to create and implement a community
service project that would positively impact the marketplace, people, their
community and the environment, which are the four pillars that comprise the
firm's corporate responsibility strategy. From the hundreds of submitted
entries, 23 individuals were randomly selected. Each participant received $450
in seed money to develop their project - an amount that represented a typical
month's expenses for coffee and cab rides or work-related parking costs.

This scalable, low cost, employee-driven volunteer activity was successful in
rolling out 23 creative and inspiring projects that demonstrated the impact
that one person can make. It also helped drive behavioural change by showing
people that making different personal choices - like making coffee at home or
taking public transportation to work- can lead to less waste and extra dollars
that can be spent on those in real need. Moreover, this effort demonstrated
how a company can add value to their community even when resources are
limited.

To learn more about Project Make [it] Count and view videos of selected
participant's projects, please visit www.pwc.com/us/projectmakeitcount.

PwC is also continuing to provide its partners and staff distinctive work
experiences through flexible work options. The firm introduced a new flexible
work initiative that enables PwC professionals to pursue community,
educational and personal interests through partially paid sabbaticals of up to
16 weeks or take advantage of a Reduced Work Arrangement, which will allow
employees to take advantage of a reduced work week for some or all of the time
between Memorial Day and December 31, 2009. Additionally, as in years past,
the Firm is offering "Flexible Fridays" between May 25 and September 7,
providing its professionals an opportunity to compress the work week and take
some time off on some Fridays during the summer months. These work options
provide PwC with added workforce flexibility, work load balance, scalability
and the benefit of helping the firm's cost management efforts.

"PwC recognizes that its people are committed to investing in their
communities and want to work for companies that are responsible corporate
citizens," said Shannon Schuyler, managing director for corporate
responsibility at PricewaterhouseCoopers. "It's the right thing to do for our
people and the community. At the same time, these programs are good for the
health of our business, by helping us manage costs and continue our strategy
of retaining the professionals we need to emerge from this economic downturn
in a position of strength."

About PricewaterhouseCoopers
PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax
and advisory services to build public trust and enhance value for its clients
and their stakeholders. More than 154,000 people in 155 countries across our
network share their thinking, experience and solutions to develop fresh
perspectives and practical advice.

(C) 2009 PricewaterhouseCoopers. All rights reserved. "PricewaterhouseCoopers"
refers to PricewaterhouseCoopers LLP or as the context requires, the
PricewaterhouseCoopers global network of other member firms of the network,
each of which is a separate and independent legal entity.

SOURCE PricewaterhouseCoopers LLP

Kelly M. Howard of PricewaterhouseCoopers LLP, +1-646-471-2111, or
kelly.m.howard@us.pwc.com