there are still two notches for time adjustment when you pull out the crown. Similar to the 200/201/233/289, the 1st notch would allow you to adjust hour hand while the second notch would let you advance both hands, And that seems to be the case on the 339, a model that does not have any GMT/second time zone function. I guess it's the same for the PAM268 and or any model w/ the P2002 movement?