In recent years the development of free field radiation conditions in the time domain has become a topic of intensive research. Perfectly matched layer (PML) approaches for the frequency domain are well known. In the time domain, on the other hand, they suffer in many cases from highly increased complexity and instabilities. In this paper, we introduce a PML for the conservation equations of linear acoustics. The used formulation requires three auxiliary variables in 3D and circumvents thereby convolution integrals and higher order time derivatives. Furthermore, we prove the weak stability of the proposed formulation and show their good absorption properties by means of numerical examples.