INSIDE PRUDENTIAL ANNUITIES®

INSIDE PRUDENTIAL ANNUITIES®
THE HIGHEST DAILY COMPANYSM [Presenter’s Name] [Title] [Date] Hi…I am [insert name] with Prudential Annuities®, the Highest Daily CompanySM. Let me ask you a question…[pick one of three below] Practice Approach Q1: Did you do all of your business last year on October 9, 2007? A1: Well, those clients were lucky enough to have captured the S&P 500’s high point in What about the rest of your clients? Personal Approach Q2: Think about the three best days of your life. A2: What if you had to give them back? Company–Specific Approach Q3: What’s the 52-week high of [your firm’s or a locally significant company’s] stock? What is it at today? (You would need to research stock price prior to the meeting.) A3: How would you like to have locked in that high for the purposes of retirement savings or income?

Our Message As The Highest Daily Company, we help increase your clients’ retirement investments through highest daily guarantees. Your clients are guaranteed to lock in their highest daily values for income purposes – 100% of the time – and never give them back. (Read Slide) Guarantees are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options.

Our Investment Platform
How We Do It… Why Daily? Why Prudential? Our Investment Platform I often hear that variable annuity companies are all the same. Truth is we’re not and I’m going to show you the three reasons why. Why Daily? Why Prudential? Our Investment Platform Let me describe what that means to you and your clients who are in or near The Retirement Red Zone®…

Capturing Market Highs… Annual, Quarterly or Daily Lock ins
2,245 Rolling Ten-Year Periods 100% 100% Annually Step-up Frequency Quarterly 50% 0% Daily 6% 2% To examine the impact of capturing market highs, we commissioned a study by Standard and Poor’s. In looking at 2,245 rolling ten-year periods, they found that: An annual lock-in captured the market’s highs (click to reveal) only 2% of the time For a quarterly lock-in, the results weren’t much better (click to reveal) at only 6% But with a daily lock-in, (click to reveal) your clients captured the market’s highs 100% of the time

So, let’s think about this differently…
Missing the Highs So, let’s think about this differently… 98% 94% 100% Annually Quarterly 50% 0% Daily 0% So let’s think about this differently… An annual lock-in, failed to capture the market’s high (click) 98% of the time A quarterly lock-in, failed (click) 94% of the time With a daily lock-in, failure is not an option (click to reveal) as it always captures the market’s high (Question for the audience) How would your clients feel about purchasing a variable annuity with a living benefit that does not allow them to capture their high 100% of the time? Failure Rate

Information For the Previous Charts
Source: Standard & Poor's, Lehman Brothers. For the period from January 3, 1989 through October 31, Represents the percentage of rolling ten-year periods where each step-up frequency captured the highest market point in that ten-year period (2,245 periods total). Assumes an 80% allocation to U.S. equities and 20% allocation to U.S. bonds. Equities are represented by the total returns of the S&P Composite Index of 500 Stocks, which is generally considered representative of the U.S. stock market. Bonds are represented by the total returns of the Lehman U.S. Aggregate index, which measures the performance of the broad investment grade bond market. There were a total of 3 trading days with no closing value for the S&P 500 and 73 trading days with no closing value for the Lehman Aggregate index. The returns on those days were assumed to be 0%. Past performance is not a guarantee of future results.

Your client purchases a Prudential annuity with HD Lifetime 6 Plus
“AND” versus “OR” HD Lifetime 6 Plus locks in the highest daily account value and compounds it at 6% annually, for income purposes. It’s the “AND” benefit! Your client purchases a Prudential annuity with HD Lifetime 6 Plus These findings underscore the value of our Highest Daily Lifetime 6 Plus income benefit (click). But, we take it a step further (click). Not only do we lock in your client’s highest day and never give it back (for income purposes). We then grow that value by a 6% compounded rate of return (for the first 10 years or first withdrawal, whichever is sooner. Please note that the 6% compounded rate of return refers to the basis for lifetime income, not actual account value. The client’s account value can experience negative performance, but the income base will still grow based on their account value’s highest day – as illustrated in the chart above. The income base is not available as a lump sum – it is only available through withdrawals. It’s an “AND” benefit, and it’s different than most other annuity benefits out in the market today which are “OR” benefits. “OR” means what? I get one or the other. As an “AND” benefit, we’re locking in your clients’ highest day and growing it by a compounded 6% rate of return for income until you begin taking Lifetime Withdrawals. In effect, we’re guaranteeing that, regardless of when your clients retire, their income base will be at its all-time high. This is a hypothetical example for illustrative purposes only. It does not reflect a specific annuity or the performance of any investment. The Protected Withdrawal Value is available through withdrawals only; it is not available as a lump sum. All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options.

What Guaranteed Income is Worth
Did you know… More than 93% of the investors surveyed indicated they’d like a guaranteed source of income throughout their retirement* About 90% of respondents said a guaranteed source of retirement income would make the biggest difference in feeling confident in retirement* With retirement lasting 30 years or longer, investors want a guaranteed income, and they feel a 4%-6% fee is a small price to pay for retirement confidence* *Source: AllianceBernstein Qualitative Research, 2007 Optional Slide – If not using, please hide. Variable annuity fees may seem high, but many investors feel a guaranteed source of retirement income is worth the extra cost with pensions and Social Security slowly fading (Read Slide).

How We Do It… Why Daily? Why Prudential? Our Investment Platform Clearly, highest daily lock-ins can make a difference to you and your clients. The question now is why you should consider Prudential?

Moody’s Investor Service
American Company Since 1875 Your clients should feel comfortable knowing that Prudential’s issuing companies are helping them meet their retirement goals. A.M. Best Company Fitch Ratings Standard & Poor’s Moody’s Investor Service A+ Superior ability to meet ongoing obligations to policyholders A+ Strong capacity to meet policyholder and contract obligations AA- Very strong financial security characteristics A2 Good financial security (2nd category of 15) (5th category of 21) (4th category of 21) (6th category of 21) For over 130 years, we’ve been an American company focused on growing and protecting Americans’ wealth. We have great brand recognition with more than 98% of Americans knowing Prudential.* For you, this should make your job easier as you probably won’t need to spend time selling the Prudential name to your clients. And, your clients should feel comfortable knowing that Prudential is the company helping them meet their retirement goals. The PRUCO Life Insurance Company, PRUCO Life Insurance Company of New Jersey (in New York) and Prudential Annuities Life Assurance Corporation are members of the Prudential Financial family of companies and are the issuers of variable annuities. All are highly rated by the major independent rating agencies for their ability to meet financial obligations. Our guarantees are backed by the claims-paying ability of our issuers, and each is solely responsible for its financial condition and contractual obligations. * 2008 Prudential’s Brand Image Study, Wave 39 conducted by Data Development Worldwide Prudential Annuities Life Assurance Corporation and Pruco Life Insurance Company of New Jersey are not rated by Moody’s. All ratings are as of 5/6/09. Ratings are intended to reflect the financial strength or claims-paying ability of the issuer and are not intended to reflect the investment performance or financial strength of the variable accounts, which are subject to market risk. The above ratings are subject to change and do not reflect any subsequent rating agency actions. Please visit our investor relations site, for the most current ratings.

Thank You For Making Us #1
FIRST in Variable Annuity Sales 2005, 2006, 2007, 2008 (Q1, Q2 & Q3) and Q2 2009 Financial Institution Channel – Q2 2009 Source: VARDS: Advisor-sold Sales, Q2 2009 1 AWARD-WINNING Living Benefits 2005, 2006, 2007, 2008 & 2009 Category: Living benefit that best addresses the income and longevity issues facing your clients # A TRUE PARTNER in your business from a service and support standpoint! “They’re just a very strong company; they’ve been around and The Rock imagery really resonates with everything that’s going on. They’re very well-known and very well respected. And they’re a very diversified company that isn’t overextended in one particular area. Not too many other companies can say that at the moment.” – Reader Stewart Weitz, CLU, ChFC, LUTCF, Creative Benefit Plans, Dresher, Penn. Optional Slide. Slides are for use with specific channels. Please read the instructions carefully and hide the two slides you are not using. If you elect not to use your channel-specific version, please hide all three slides This version is for use in the IBD and Financial Institution channels. Read & Explain Slide Source: Boomer Market Advisor Magazine, 2009

AWARD-WINNING living benefits 2005, 2006, 2007, 2008 & 2009 Category: Living benefit that best addresses the income and longevity issues facing your clients # A TRUE PARTNER in your business from a service and support standpoint! “The company’s Retirement Red Zone education campaign is something I use with my clients to explain the steps needed to prepare for retirement. It shows them what’s just over the horizon, and that’s a good point at which to begin the necessary retirement discussions.” – Anonymous Optional Slide. Slides are for use with specific channels. Please read the instructions carefully and hide the two slides you are not using. If you elect not to use your channel-specific version, please hide all three slides This version is for use in the Agency channel. Read & Explain Slide Source: Boomer Market Advisor Magazine, 2009

AWARD-WINNING living benefits 2005, 2006, 2007, 2008 & 2009 Category: Living benefit that best addresses the income and longevity issues facing your clients # A TRUE PARTNER in your business from a service and support standpoint! “They’re just a very strong company; they’ve been around and The Rock imagery really resonates with everything that’s going on. They’re very well-known and very well respected. And they’re a very diversified company that isn’t overextended in one particular area. Not too many other companies can say that at the moment.” – Reader Stewart Weitz, CLU, ChFC, LUTCF, Creative Benefit Plans, Dresher, Penn. Optional Slide. Slides are for use with specific channels. Please read the instructions carefully and hide the two slides you are not using. If you elect not to use your channel-specific version, please hide all three slides This version is for use in the Wirehouse channel. Read & Explain Slide Source: Boomer Market Advisor Magazine, 2009

The Capacity to Compete
The longevity risk of annuities helps offset the mortality risk of life insurance Mortality Life Insurance Longevity Variable Annuities With more than $2.65 trillion in life insurance worldwide as of the end of 2007, Prudential has a substantial hedge for our variable annuity business. The longevity risk of annuities, which is people living too long, is negatively correlated to the mortality risk of life insurance, which is people dying too soon. It’s a highly effective hedge that can provide Prudential with the capacity to be a major competitor in the annuities business for a long time.

Investment–Grade Bond Portfolio
Managing Your Clients’ Guarantees Helps protect your clients’ savings in an extended down–market Pre-set formula removes human emotion from the equation Based on the unique experiences of each client’s contract Prudential Annuities – providing guarantees like this since 2001 Original Investments Investment–Grade Bond Portfolio Prudential Annuities sets itself apart from the competition by providing the opportunity to capture your clients’ highest days. We also stand out by aiming to protect your clients’ retirement savings in an extended down-market. Based on each client’s individual contract, our benefits can transfer assets from a client’s account value to or from an investment-grade bond portfolio. Transfers in and out of the bond portfolio are determined solely by a pre-set formula that reviews each client’s contract everyday, taking human emotion out of the equation. And, any movements are based solely upon the unique experiences of each client’s contract. Prudential has been managing risk by providing guarantees like this since This demonstrates our recognition of the importance that clients place on their account value, while looking to maximize their retirement income. Speaker: Please read the disclosure to the audience Highest Daily Lifetime 6 Plus, Spousal Highest Daily Lifetime 6 Plus, Highest Daily Guaranteed Return Option (HD GRO) and Guaranteed Return Option Plus (GRO Plus) each use a separate predetermined mathematical formula to help manage your clients’ guarantee through all market cycles. Each business day, the formula determines if any portion of the account value needs to be transferred into or out of the AST Investment Grade Bond Portfolio (the “Bond Portfolio”) for Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus), and for HD GRO and GRO Plus, transferred into or out of certain AST Bond Portfolio subaccounts (the “Bond Portfolios”). For Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus, amounts transferred by the formula depend on a number of factors unique to your clients’ individual annuity and include: (i) The difference between the account value and the Protected Withdrawal Value; (ii) How long your client has owned Highest Daily Lifetime 6 Plus or Spousal Highest Daily Lifetime 6 Plus; (iii) The amount invested in, and the performance of, the permitted subaccounts; (iv) The amount invested in, and the performance of, the Bond Portfolio; and (v) The impact of additional purchase payments made to and withdrawals taken from the annuity. For HD GRO and GRO Plus, amounts transferred by the formula depend on a number of factors unique to your client’s individual annuity and include: (i) The difference between the account value and the Guarantee Amount(s); (ii) The amount of time until the maturity of the Guarantee(s); (iv) The amount invested in, and the performance of, the Bond Portfolios; (v) The discount rate used to determine the present value of the Guarantee(s); and (vi) The impact of additional purchase payments made to and withdrawals taken from the annuity. For Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus, at any given time, some, none, or most of the account value may be allocated to the Bond Portfolio. Transfers to and from the Bond Portfolio do not impact any income guarantees that have already been locked in. The Protected Withdrawal Value (the basis for guaranteed lifetime income) is separate from the account value, and only available through withdrawals, not as a lump sum. For HD GRO and GRO Plus, at any given time, some, none, or all of the account value may be allocated to the Bond Portfolios. If the entire account value is transferred to the Bond Portfolios, then based on the way the formula operates, the formula will not transfer amounts out of the Bond Portfolios to the permitted subaccounts and the entire account value would remain in the Bond Portfolios. If additional purchase payments are made to the annuity, they will be allocated to the permitted subaccounts according to the allocation instructions. Such additional purchase payments may or may not cause the formula to transfer money in or out of the Bond Portfolios. Once the additional purchase payments are allocated to the annuity, they will also be subject to the mathematical formula, which may result in immediate transfers to or from the Bond Portfolios, if dictated by the formula. Transfers to and from the Bond Portfolios do not impact any guarantees that have already been locked in. Any amounts invested in the Bond Portfolio(s) will affect your clients’ ability to participate in a subsequent recovery within the permitted subaccounts. Conversely, the account value may be higher at the beginning of the recovery,; e.g., more of the account value may have been protected from decline and volatility than it otherwise would have been had the benefit not been elected. Please note: Your clients may not allocate purchase payments or transfer account value into or out of the Bond Portfolio(s). Please see the prospectus for complete details.

How We Do It… Why Daily? Why Prudential? Our Investment Platform I’ve talked about how our guarantees can help your clients’ investments. Now, let’s look at how our investments can help your clients’ guarantees with our unique investment platform. Remember, of course, that asset allocation does not ensure a profit or protect against losses. In addition, past performance does not guarantee future results.

Our Investments Can Help Your Clients’ Guarantees
Our Investment Platform Our Investments Can Help Your Clients’ Guarantees Simple or Sophisticated Our Alternative Advantage (click) Simple or Sophisticated Our investment platform provides you with options that are as simple or as sophisticated as you need them to be. For more straightforward investing, you can suggest “check the box” traditional asset allocation – from single-manager portfolios from firms like Franklin Templeton, with their Founding Funds Strategy, and T. Rowe Price to multiple manager portfolios that cover the 9-style boxes. In addition, we offer more actively managed tactical portfolios as well as quantitative portfolios featuring First Trust, a nationally recognized leader in offering unit investment trusts. (click) Our Alternative Advantage But, the point of differentiation for our platform is our alternative asset allocation portfolios. Prudential Annuities was the first variable annuity provider to offer a turnkey alternative asset allocation option with the AST Advanced Strategies Portfolio. Today, we offer four distinct portfolios from firms like Schroders and UBS, as well as an endowment-style variable annuity option, the AST Academic Strategies Portfolio. These alternative portfolios, as with all of our asset allocation portfolios, can be combined with the goal of reducing volatility and potentially increase return. It’s a unique approach that may help your clients experience a smoother ride, potentially provide more opportunities to capture upside, and help maximize our highest daily guarantees. Please Note: Alternative investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment without a guarantee. Alternative investments are suitable only for long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time. Guarantees including optional benefits are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. “Guarantees” refer to elements of optional benefits, available at an additional cost. Please see the prospectus for more details.

Protected Withdrawal Value & Account Value Analysis
Optional Module #1 Protected Withdrawal Value & Account Value Analysis Slides [19-34] This is the first of 16 optional modules. You have the option of presenting as many, or as few modules as the audience or meeting length allow for. Please hide this slide when presenting. If presenting, please use all of the slides in this module. 18

HD Lifetime 7 Plus & HD Lifetime Seven…
The following slides are intended to provide a snapshot of a new marketing piece for both Highest Daily Lifetime 7 Plus and Highest Daily Lifetime Seven. Please see me after today’s presentation for a copy which contains complete details. So, how has our investment platform performed when combined with the HD benefits? Looking back to HD Lifetime 7 Plus and HD Lifetime Seven should help tell the story. Please note that HD Lifetime 7 Plus and HD Lifetime Seven lock in your clients’ highest days and grow that value by a 7% compounded rate of return and use the AST Investment Grade Bond Portfolio to help manage their guarantees. Let’s look at clients who purchased an annuity with HD Lifetime 7 Plus on February 23, 2009, and invested 100% in one of the available asset allocation portfolios. 19

Proof That Daily Step-ups Matter
With HD Lifetime 7 Plus, clients locked in as many as 26 step-ups and grew their income base between 24.1% % from 2/23/2009 – 6/30/2009. HD Lifetime 7 Plus Number of Step-ups from February 23, 2009 – June 30, 2009 Remember, this example is based on HD Lifetime 7 Plus’ start date of 2/23/2009. Clients with a different start date would have seen different results. 26 21 21 21 20 20 20 20 AST Schroders Multi-Asset World Strategies AST Academic Strategies AST Balanced AST Horizon Moderate AST Horizon Growth AST Advanced Strategies AST Capital Growth Franklin Templeton VIP Founding Funds Clients would have experienced between 26 and 15 lock-ins of their account value depending on the portfolio selected. Remember, this example represents a start date of 2/23/ Clients with a different start date would have seen different results (Click). The client’s highest day was locked-in and we grew it at a 7% compounded rate of return – (Click) over the four-month period, this resulted in income base gains of 15.4% to 24.1%. 24.1% % % % % % % % Cumulative % gain in lifetime income base (Protected Withdrawal Value) as of 6/30/2009

Proof That Daily Step-ups Matter – con’t
With HD Lifetime 7 Plus, clients locked in as many as 26 step-ups and grew their income base between 24.1% % from 2/23/2009 – 6/30/2009. HD Lifetime 7 Plus Number of Step-ups from February 23, 2009 – June 30, 2009 Remember, this example is based on HD Lifetime 7 Plus’ start date of 2/23/2009. Clients with a different start date would have seen different results. 20 20 19 19 18 16 16 15 AST Niemann Capital Growth AST T. Rowe Price AST CLS Moderate AST Preservation AST CLS Growth AST First Trust Capital Appreciation AST First Trust Balanced AST UBS Dynamic Alpha Clients would have experienced between 26 and 15 lock-ins of their account value depending on the portfolio selected. Remember, this example represents a start date of 2/23/ Clients with a different start date would have seen different results. The client’s highest day was locked-in and we grew it at a 7% compounded rate of return – over the four-month period, this resulted in income base gains of 15.4% to 24.1%. 21.0% % % % % % % % Cumulative % gain in lifetime income base (Protected Withdrawal Value) as of 6/30/2009

Information About the Previous Chart
In November 2009, subject to shareholder approval, the AST Focus Four Plus Portfolio will no longer be available for investment due to a merger with the AST First Trust Capital Appreciation Portfolio and therefore is not reflected above. Asset allocation does not ensure a profit or protect against loss. The percentages previous two slides reflect the historical performance for a variable annuity with HD Lifetime 7 Plus. Figures represent the number of step-ups and rates of return provided by the asset allocation portfolios based on the following assumptions: i) time period is 2/23/ /30/2009; ii) a $500k variable annuity was purchased on 2/23/2009 with M&E of 1.65% and HD Lifetime 7 Plus was elected with a charge of 0.75%; iii) the contract was fully allocated to indicated portfolio; iv) cumulative % gain in lifetime income base determined by applying the 7% compounded return until 6/30/2009 to the annuity’s value as of last step-up; v) no withdrawals were taken. Past performance is not an indication of future results. Performance of the Protected Withdrawal Value is net of fees and expenses. The Protected Withdrawal Value is only available through withdrawals, not as a lump sum. For complete terms and conditions on PWV and AV, please see the prospectus. HD Lifetime 7 Plus has an additional annual cost of 0.75%. Benefit charges are assessed quarterly against the greater of the Account Value and the Protected Withdrawal Value (adjusted for withdrawals and premiums.) Fees will be taken pro-rata across all of the subaccounts including the AST Investment Grade Bond Portfolio. Fees are in addition to the fees and charges associated with the basic annuity. For the most recent standardized performance on all of our asset allocation portfolios, please call the National Sales Desk at Disclosure

2008: A Challenging Year... But Not for Your Clients’ Income Base!
Despite market conditions, clients locked in as many as six step-ups, and grew their income base between 13.7% %. HD Lifetime Seven Number of Step-ups from January 28, 2008 – June 30, 2009 Remember, this example is based on HD Lifetime Seven’s start date of 1/28/2008. Clients with a different start date would have seen different results. 6 5 5 4 4 3 3 Explain the chart by clicking to reveal each callout box. Now let’s turn our attention to HD Lifetime Seven. (click) Despite the challenging market conditions this year, clients would have locked in as many as six step-ups, depending on the portfolio they selected. The client’s highest day was locked in and we grew it at a 7% compounded rate of return – (Click) over the 12-month period, the income base would have grown between 13.7% %. AST Advanced Strategies AST First Trust Capital Appreciation AST T. Rowe Price AST CLS Moderate AST UBS Dynamic Alpha AST Capital Growth AST First Trust Balanced 12.8% % % % % % % Cumulative % Gain of Lifetime Income Base (Protected Withdrawal Value) as of 6/30/2009

2008: A Challenging Year...con’t
Despite market conditions, clients locked in as many as six step-ups, and grew their income base between 13.7% %. HD Lifetime Seven Number of Step-ups from January 28, 2008 – June 30, 2009 Remember, this example is based on HD Lifetime Seven’s start date of 1/28/2008. Clients with a different start date would have seen different results. 3 3 3 3 3 3 Now let’s turn our attention to HD Lifetime Seven. Despite the challenging market conditions this year, clients would have locked in as many as six step-ups, depending on the portfolio they selected. The client’s highest day was locked in and we grew it at a 7% compounded rate of return over the 12-month period, the income base would have grown between 12% - 10%. AST CLS Growth AST Niemann Capital Growth AST Balanced** AST Horizon Growth AST Horizon Moderate AST Preservation 10.7% % % % % % Cumulative % Gain of Lifetime Income Base (Protected Withdrawal Value) as of 6/30/2009

Information About the Previous Chart
** On July 21, 2008, the AST Conservative Portfolio became the AST Balanced Portfolio. The AST Academic Strategies and AST Schroders Multi-Asset World Strategies asset allocation portfolios both experienced a significant change in investment strategy during the time period depicted and therefore are not reflected above. Asset allocation does not ensure a profit or protect against loss. The percentages on the previous two slides reflect the historical performance for a variable annuity with HD Lifetime Seven. Figures represent the number of step-ups and rates of return provided by the asset allocation portfolios based on the following assumptions: i) time period is 1/28/ /30/2009; ii) a $500k variable annuity was purchased on 1/28/2008 with M&E of 1.65% and HD Lifetime Seven was elected with a charge of 0.60%; iii) the contract was fully allocated to indicated portfolio; iv) cumulative % gain in lifetime income base determined by applying the 7% compounded return until 6/30/2009 to the annuity’s value as of last step-up; v) no withdrawals were taken. Past performance is not an indication of future results. Performance of the Protected Withdrawal Value is net of fees and expenses. The Protected Withdrawal Value is only available through withdrawals, not as a lump sum. For complete terms and conditions on PWV and AV, please see the prospectus. HD Lifetime Seven has an additional annual cost of 0.60%. Benefit charges are assessed quarterly against the Protected Withdrawal Value (adjusted for withdrawals and premiums) on the last day of the benefit quarter. Fees will be taken pro-rata across all of the subaccounts including the AST Investment Grade Bond Portfolio. Fees are in addition to the fees and charges associated with the basic annuity. For the most recent standardized performance on all of our asset allocation portfolios, please call the National Sales Desk at Disclosure

What you need to know about the following slides
The following slides present an illustration of a hypothetical $500,000 investment into a Prudential variable annuity where the investment option selected is a single asset allocation portfolio. The illustration examines a base contract with either Highest Daily Lifetime 7 Plus or Highest Daily Lifetime Seven and compares each to the same base contract without either benefit. Please note, in order to manage the income guarantee, HD Lifetime 7 Plus and HD Lifetime Seven use a predetermined mathematical formula to transfer Account Value to or from the AST Investment Grade Bond Portfolio. Transfers apply to the Account Value on the contract with either HD Lifetime 7 Plus or HD Lifetime Seven, they do not apply to the contract without a benefit. Also note, the contract for HD Lifetime 7 Plus reflects a 0.75% benefit fee, which is assessed quarterly against the greater of the account value and the Protected Withdrawal Value (adjusted for withdrawals and premiums). The contract with HD Lifetime Seven reflects a 0.60% benefit fee, which is assessed against the Protected Withdrawal Value, deducted quarterly in arrears. The benefit fees are in addition to the fees associated with the base annuity (M&E 1.65%, which represents the most expensive Prudential variable annuity available during the time periods depicted, and applicable portfolio charges). The contract without a benefit does not reflect the benefit fees; instead, only the fees associated with the base annuity (M&E 1.65%, which represents the most expensive Prudential variable annuity available during the time periods depicted, and applicable portfolio charges) are reflected. It’s important to keep in mind that this example represents one purchase date, and that the experience of each client with the benefit will be different depending on when they elect the benefit and the portfolio they choose. For complete details, please see the prospectus. Read Slide for explanation of PWV and AV analysis to follow 26

What you need to know about the following slides
The tables on the following slides display: The month-end Protected Withdrawal Value (PWV) in dollars for contracts with HD Lifetime 7 Plus or HD Lifetime Seven. PWV is the basis for the client’s guaranteed lifetime income. The PWV grows at a compounded 7% rate of return from the account’s highest day until the first Lifetime Withdrawal is taken (for HD Lifetime 7 Plus) or for the first ten years or until first withdrawal, whichever is sooner, (for HD Lifetime Seven), regardless of market conditions. The PWV is only available through withdrawals, not as a lump sum. For complete terms and conditions on PWV and AV, please see the prospectus. The month-end Account Value in dollars for contracts with HD Lifetime 7 Plus or HD Lifetime Seven. The Account Value represents amounts in both the listed asset allocation portfolio, as well as any amount in the AST Investment Grade Bond Portfolio (represented as BP % Allocation in the tables on the following pages.) The BP % Allocation is as of month-end. The month-end Account Value in dollars for a contract without a benefit which we will refer to as “AV Without Benefit” throughout the brochure. The AV Without Benefit does not reflect the 0.75% or 0.60% benefit charge, nor movements to or from the AST Investment Grade Bond Portfolio. The percentage difference between the PWV for the contract with HD Lifetime 7 Plus or HD Lifetime Seven as compared to the AV Without Benefit. The percentage difference between the Account Value for the contract with HD Lifetime 7 Plus or HD Lifetime Seven as compared to the AV Without Benefit. Read Slide for explanation of PWV and AV analysis to follow 27

HD Lifetime 7 Plus PWV: Highest Daily Lifetime 7 Plus Protected Withdrawal Value
HD Lifetime 7 Plus AV: Highest Daily Lifetime 7 Plus Account Value which includes amounts in the listed asset allocation portfolio and the Bond Portfolio BP % Allocation: Indicates the percentage of HD Lifetime 7 Plus Account Value that has been allocated by the formula to the Bond Portfolio AV W/Out Benefit: The Account Value for a contract without HD Lifetime 7 Plus HD Lifetime 7 Plus AST Preservation & Bond Portfolio (as dictated by formula) 2/27/09 6/30/09 HD Lifetime 7 Plus PWV $503,195 $576,870 HD Lifetime 7 Plus AV $496,972 $569,548 BP % Allocation 0% AV W/Out Benefit $570,616 % Diff HD7 Plus PWV Vs. AV W/Out Benefit 1.3% 1.1% % Diff HD7 Plus AV Vs. AV W/Out Benefit 0.0% -0.2% The analysis for HD Lifetime 7 Plus assumes the following: $500,000 initial purchase / no withdrawals taken Investment period 2/23/ /30/2009; end-of-month values illustrated Investment in a single asset allocation portfolio Account with HD Lifetime 7 Plus: M&E 1.65%, benefit charge of 0.75%, applicable underlying portfolio charges Account without benefit: M&E 1.65%, no benefit charge, and the applicable portfolio charge *For complete details on all portfolios see the Analysis of Highest Daily Lifetime Income Benefits piece AST First Trust Balanced & Bond Portfolio (as dictated by formula) 2/27/09 6/30/09 HD Lifetime 7 Plus PWV $511,480 $618,749 HD Lifetime 7 Plus AV $502,313 $600,393 BP % Allocation 0% AV W/Out Benefit $609,211 % Diff HD7 Plus PWV Vs. AV W/Out Benefit 1.8% 1.6% % Diff HD7 Plus AV Vs. AV W/Out Benefit 0.0% -1.4% Let’s look at HD Lifetime 7 Plus. Again we look at what the Protected Withdrawal Value (labeled as HD Lifetime 7 Plus PWV) and the Account Value (HD Lifetime 7 Plus AV) (top 2 beige rows) would be over time as compared to the Account Value of a contract without the benefit (labeled as AV W/Out Benefit- row # 4). The final two rows tell us what the percentage difference is between the values. Read assumptions down left hand side- time period- 2/23/09-6/30/09, fees applied, HD Lifetime 7 Plus AV includes transfers to and from the Bond Portfolio as indicated by BP % Allocation. Again, the three portfolios chosen represent the portfolios with the smallest percentage difference between HD 7 Plus’ PWV & AV Vs. the AV W/Out the benefit, a portfolio where the percentage differences were mid-pack, and the portfolio with the greatest percentage differences between HD 7Plus’ PWV & AV Vs. the AV W/Out the benefit. Now let’s take a quick walk through of the data. So what we can see with all three portfolios at the end of the first month-which is really only a few business days, that is that there is a small percentage difference or separation between HD Lifetime 7 Plus’ PWV and AV Vs. the AV Without the benefit. (ranging from 1.3% to 3.5%) The story is really the same across all portfolios available with either benefit. Again, we do have all of the information in a new marketing piece, that I or my internal support team will be happy to provide you with. AST First Trust Capital Appreciation & Bond Portfolio (as dictated by formula) 2/27/09 6/30/09 HD Lifetime 7 Plus PWV $512,517 $608,063 HD Lifetime 7 Plus AV $495,007 $593,814 BP % Allocation 0% AV W/Out Benefit $603,590 % Diff HD7 Plus PWV Vs. AV W/Out Benefit 3.5% 0.7% % Diff HD7 Plus AV Vs. AV W/Out Benefit 0.0% -1.6% 28

HD Lifetime Seven Plus – Results!
AST Preservation Portfolio 2/23/2009 – 7/31/2009 26 total step-ups over the 23 week period = Over 1 step-up a week! The PWV rate of return over the period is 18.7% Optional Slide - please use this slide in combination with slides 28 and 29. If not using, please hide. Read Slide

AST First Trust Balanced Portfolio 2/23/2009 – 7/31/2009 23 total step-ups over the 23 week period = A step-up once a week! The PWV rate of return over the period is 31.7% Optional Slide - please use this slide in combination with slides 27 and 29. If not using, please hide. Read Slide

AST First Trust Capital Growth Portfolio 2/23/2009 – 7/31/2009 24 total step-ups over the 23 week period = Over 1 step-up a week! The PWV rate of return over the period is 29.6% Optional Slide - please use this slide in combination with slides 27 and 28. If not using, please hide. Read Slide

HD Lifetime 7 Plus PWV: Highest Daily Lifetime Seven Protected Withdrawal Value
HD Lifetime 7 Plus AV: Highest Daily Lifetime Seven Account Value which includes amounts in the listed asset allocation portfolio and the Bond Portfolio BP % Allocation: Indicates the percentage of HD Lifetime Seven Account Value that has been allocated by the formula to the Bond Portfolio AV W/Out Benefit: The Account Value for a contract without HD Lifetime Seven HD Lifetime Seven AST Preservation & Bond Portfolio (as dictated by formula) 1/31/08 6/30/09 HD Lifetime Seven PWV $502,967 $557,140 HD Lifetime Seven AV $468,492 BP % Allocation 0% 41% AV W/Out Benefit $430,829 % Diff HD7 PWV Vs. AV W/Out Benefit 0.0% 29.3% % Diff HD7 AV Vs. AV W/Out Benefit 8.7% The analysis for HD Lifetime Seven assumes the following: $500,000 initial purchase / no withdrawals taken Investment period 1/28/ /30/2009; end of month values illustrated Investment in a single asset allocation portfolio Account with HD Lifetime Seven: M&E 1.65%, benefit charge of 0.60%, applicable underlying portfolio charges Account without benefit: M&E 1.65%, no benefit charge, and the applicable portfolio charge *For complete details on all portfolios see the Analysis of Highest Daily Lifetime Income Benefits piece AST First Trust Balanced & Bond Portfolio (as dictated by formula) 1/31/08 6/30/09 HD Lifetime Seven PWV $505,803 $563,400 HD Lifetime Seven AV $487,759 BP % Allocation 0% 28% AV W/Out Benefit $349,424 % Diff HD7 PWV Vs. AV W/Out Benefit 0.0% 61.2% % Diff HD7 AV Vs. AV W/Out Benefit 39.6% Now let’s look at HD Lifetime Seven. Again we look at what the Protected Withdrawal Value (labeled as HD Lifetime Seven PWV) and the Account Value (HD Lifetime Seven AV) (top 2 beige rows) would be over time as compared to the Account Value of a contract without the benefit (labeled as AV W/Out Benefit- row # 4). The final two rows tell us what the percentage difference is between the values. Read assumptions down left hand side- time period- 1/28/08-6/30/09, fees applied, HD Lifetime Seven’s AV includes transfers to and from the Bond Portfolio as indicated by BP % Allocation. Again, the three portfolios chosen represent the portfolios with the smallest percentage difference between HD Seven’s PWV & AV Vs. the AV W/Out the benefit, a portfolio where the percentage differences were mid-pack, and the portfolio with the greatest percentage differences between HD Seven’s PWV & AV Vs. the AV W/Out the benefit. Now let’s take a quick walk through of the data. So what we can see with all three portfolios at the end of the first month-which is really only a few business days, that is that there is no percentage difference or separation between HD Lifetime Seven’s PWV and AV Vs. the AV Without the benefit. (all under 1% or 0%) Again, we see the real difference in values when we look at the most recent data as of 6/30/09. Here we see the PWV is greater than the AV W/Out Benefit by between 29%-69%, and the account value has been protected by between 8%-42%! In the case of First Trust, the PWV is over 69% higher and the AV with the benefit, with transfers to and from The Bond Portfolio, was over 42% higher than the AV W/Out the Benefit. This is clear evidence of the tremendous value Highest Daily has locked in for your clients! The story is really the same across all portfolios available with either benefit. Again, we do have all of the information in a new marketing piece, that I or my internal support team will be happy to provide you with. AST First Trust Capital Appreciation & Bond Portfolio (as dictated by formula) 1/31/08 6/30/09 HD Lifetime Seven PWV $507,197 $568,543 HD Lifetime Seven AV $478,787 BP % Allocation 0% 44% AV W/Out Benefit $336,114 % Diff HD7 PWV Vs. AV W/Out Benefit 0.0% 69.2% % Diff HD7 AV Vs. AV W/Out Benefit 42.4% 32

About the Previous Slides
The Protected Withdrawal Value is only available through withdrawals, not as a lump sum. For complete terms and conditions on PWV and AV, please see the prospectus. HD Lifetime 7 Plus has and additional cost of 0.75%. HD Lifetime Seven has an additional cost of 0.60%. Benefit charges are assessed quarterly against the Protected Withdrawal Value (adjusted for withdrawals and premiums) on the last day of the benefit quarter. Fees will be taken pro-rata across all of the subaccounts including the AST Investment Grade Bond Portfolio. Benefit fees are in addition to the fees and charges associated with the basic annuity. All percentages illustrated are rounded to the nearest decimal place. Read Slide For the most recent standardized performance on all of our asset allocation portfolios, please call the National Sales Desk at 33

About the Previous Slides
Asset allocation does not ensure a profit or protect against loss. The percentages on the three previous asset allocation portfolio chart slides reflect the historical performance for a variable annuity with HD Lifetime 7 Plus. Figures represent the number of step-ups and rates of return provided by the asset allocation portfolios based on the following assumptions: i) time period is 2/23/ /31/2009; ii) a $500k variable annuity was purchased on 2/23/2009 with M&E of 1.65% and HD Lifetime 7 Plus was elected with a charge of 0.75%; iii) the contract was fully allocated to indicated portfolio; iv) cumulative % gain in lifetime income base determined by applying the 7% compounded return until 7/31/2009 to the annuity’s value as of last step-up; v) no withdrawals were taken. Past performance is not an indication of future results. Performance of the Protected Withdrawal Value is net of fees and expenses. The Protected Withdrawal Value is only available through withdrawals, not as a lump sum. For complete terms and conditions on PWV and AV, please see the prospectus. HD Lifetime 7 Plus has an additional annual cost of 0.75%. Benefit charges are assessed quarterly against the greater of the account value and the Protected Withdrawal Value (adjusted for withdrawals and premiums.) Fees will be taken pro-rata across all of the subaccounts including the AST Investment Grade Bond Portfolio. Fees are in addition to the fees and charges associated with the basic annuity. For the most recent standardized performance on all of our asset allocation portfolios, please call the National Sales Desk at Disclosure

Optional Module #2 The Arithmetic of Loss Slides [36-40]
Remember, Module #2 does not relate to a specific product, but is merely the presentation of a mathematical concept. Note to the Presenter: Please distribute The Arithmetic of Loss piece (IFS-A158332) when presenting this module. Please hide this slide when presenting. If presenting, please use all of the slides in this module. 35

New Marketing Piece! The Reality of Market Declines
Let’s take a look at a client, age 55, who has $200,000 in her retirement portfolio. Her goal is to double the value of her retirement portfolio in 10 years, and then draw income to live off in retirement. The Reality of Market Declines is a new marketing piece that demonstrates how market volatility can erode your client’s retirement portfolio, and shows the portfolio appreciation that is needed to help her reach her retirement goals. In this piece, we use following example to frame the discussion: A client, age 55, who has $200,000 in her retirement portfolio. Her goal is to double the value of her retirement portfolio in 10 years, and then draw income to live off in retirement. 36

The Reality of Market Declines… Getting Back to Even
If the loss is… Approximate total return needed over time to get back to the initial investment -10% 11.11% -15% 17.65% -20% 25.00% -25% 33.33% -30% 42.86% -35% 53.85% -40% 66.67% -45% 81.82% -50% 100.00% In the first year, she unfortunately experiences tremendous market volatility. Her portfolio loses 30% of its value, dropping to $140,000. In order to return her retirement portfolio back to its original value of $200,000, her $140,000 portfolio would have to appreciate by about 43%. Let’s begin our discussion by assuming the client experiences tremendous market volatility. Her portfolio loses 30% of its value, dropping to $140,000. What is the approximate total return needed just for her portfolio to get back to even? In order to return her retirement portfolio back to its original value of $200,000, her $140,000 portfolio would have to appreciate by about 43%. The chart illustrates the approximate percentage a portfolio would need to return over time to get back to the initial investment after experiencing a loss. 37

The Reality of Market Declines… Meeting the Original Goal
If the first year loss is… Approximate total return needed to double initial investment in nine years Compounded average annual return needed to double initial investment in nine years -10% 122.22% 9.28% -15% 135.29% 9.97% -20% 150.00% 10.72% -25% 166.67% 11.51% -30% 185.71% 12.37% -35% 207.69% 13.30% -40% 233.33% 14.31% -45% 263.64% 15.42% -50% 300.00% 16.65% But remember, this client’s original goal was to double her retirement portfolio to $400,000 and then draw income from it. What type of return would she need to experience in the remaining nine years in order to achieve that goal? To reach $400,000 after 10 years, her $140,000 portfolio would need to return about 186% (which equates to a compound annual return of approximately 12%) over the next nine years. She needs approximately a 43% return just to get back to even! But remember, the client’s original goal was to double her retirement portfolio to $400,000 and then draw income from it. What type of return would she need to experience in the remaining nine years in order to achieve that goal? To reach $400,000 after 10 years, her $140,000 portfolio would need to return about 186% (which equates to a compound annual return of approximately 12%) over the next nine years. The chart illustrates the approximate percentage a portfolio would need to return to double the initial investment in nine years. 38

The Reality of Market Declines… Number of Years Needed to Break Even
If the first year loss is… The number of years needed to break even, given a set rate of return 5% 6% 7% 8% 9% 10% -10% 2.16 1.81 1.56 1.37 1.22 1.11 -15% 3.33 2.79 2.40 2.11 1.89 1.71 -20% 4.57 3.83 3.30 2.90 2.59 2.34 -25% 5.90 4.94 4.25 3.74 3.34 3.02 -30% 7.31 6.12 5.27 4.63 4.14 -35% 8.83 7.39 6.37 5.60 5.00 4.52 -40% 10.47 8.77 7.55 6.64 5.93 5.36 -45% 12.25 10.26 8.84 7.77 6.94 6.27 -50% 14.21 11.90 10.25 9.01 8.04 7.27 Put another way, in order for the client’s $140,000 to get back to $200,000, it would need to earn 5% per year for more than 7 years. Even if her account earned 10% per year, it would still take almost 4 years for her to break even. 39

Information About the Previous Charts
The charts include the following assumptions: (i) All percentages and years are rounded to two decimal places (ii) No fees or limitations of any product or investment options have been factored in. If fees were included, the returns needed to get back to the initial investment and the returns needed to double the initial investment in nine years that are illustrated in the charts above would be higher. Source: Prudential, 2008.

Spousal HD Lifetime 6 PlusSM
Optional Module #3 HD Lifetime 6 PlusSM & Spousal HD Lifetime 6 PlusSM Slides [42-57] You have the option to either present this module: The HD Lifetime 6 Plus and Spousal HD Lifetime 6 Plus module. If presenting, please hide this slide. Slides are optional. Please hide the slides you aren’t presenting

Guaranteeing Your Client’s Retirement Income
Help increase your client’s retirement income Help protect it Guarantee it lasts a lifetime Annuity with HD Lifetime 6 Plus All the ups and downs of the financial markets can make anyone anxious. Especially if your client is in or nearing retirement. That’s when even short-term losses can have a huge impact on your client’s retirement security. But now there’s a way to (click) help increase their income for retirement, (click) help protect it, and (click) guarantee that income lasts a lifetime. It’s an innovative new optional benefit, available on variable annuities from the Prudential companies, (click) called Highest Daily Lifetime 6 Plus. Here’s what you need to know first about HD Lifetime 6 Plus. Work with your clients to evaluate the retirement savings they’ve already accumulated. Then decide what would be an appropriate portion to roll over into a variable annuity with this benefit. All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options.

Choose The Investments
Investment Goals, Time Horizon, Risk Tolerance Asset Allocation Traditional, Alternative, Quantitative or Tactical Help your client choose the variable annuity that’s right for them. With this innovative benefit option, you can help them select a range of portfolios based on their (click) investment goals, time horizon and risk tolerance. This technique, (click) called asset allocation, can help reduce the impact of market volatility on your client’s portfolio and help increase their potential return over time. Diversify by (click) blending traditional asset classes such as stocks, bonds, and cash with non-traditional, alternative asset classes that don’t necessarily move in step with stocks and bonds (click). Being diversified helps manage risk. To help streamline the process, Prudential offers a broad variety of asset allocation portfolios that can match your client’s needs. Choose from one or more of these portfolios, which are managed by well-regarded investment managers. Now let’s learn about the growth guarantee that can help increase your client’s income for retirement, whether the markets are up or down. Asset allocation does not ensure a profit or protect against loss. Certain asset allocation portfolios may not be available with optional benefits. Alternative investments are speculative and include a high degree of risk. Alternative investments are suitable only for long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.

How to Guarantee Growth For Retirement Income Purposes
With HD Lifetime 6 Plus: Every day your client’s account value reaches a new high, that new high is locked in When your client is planning for retirement, it’s only natural for them to be concerned about volatility in the financial markets, and what it might do to their retirement. There will be up days and down days, just like any variable investment. But when HD Lifetime 6 Plus is added, every day the account value reaches a new high, that value is locked in and guaranteed to provide retirement income later when your client is ready to take withdrawals. Every day a new high is locked in

Plus 6% Guaranteed Annual Compounded Growth
Every time your client locks in a new high, HD Lifetime 6 Plus automatically begins adding 6% annual compounded growth on top of that value +6 Guaranteed Annual Compounded Growth (Click) Better yet, every time your client locks in a new high, HD Lifetime 6 Plus automatically begins adding 6% annual compounded growth on top of that value (Click). The 6% annual compounding will continue until the client takes their first Lifetime Withdrawal. Lifetime Withdrawals refer to any withdrawals taken once your client begins annual income under the benefits.

Protected Withdrawal Value
Highest locked-in amount 6% compounded growth Protected Withdrawal Value The sum of the (click) highest locked-in amount (click) plus the 6% compounded growth is called the (click) Protected Withdrawal Value. This is the amount used to calculate your client’s monthly payments in retirement. The higher their Protected Withdrawal Value, the higher their monthly payments will be. The Protected Withdrawal Value is a separate value from the annuity’s account value and is used to calculate the Annual Income Amount. It is only available through withdrawals, not as a lump sum. However, if your clients need to access their account value, it’s available at any time, subject to contract terms.

The Protected Withdrawal Value…
…is always locked in and growing New Highs = More Income Lock in your highs 100% And each time the account value hits a new high, (Click) Prudential locks in that high and begins adding more guaranteed growth, until the first Lifetime Withdrawal. (Click) No other annuity benefit locks in investment’s highs 100% of the time for retirement income purposes and never gives them back. Even if the markets go down, the Protected Withdrawal Value is guaranteed. Of the time

Protection Against Market Downturns
When markets are down… When markets are up… Stock-Based Portfolio How does Prudential offer protection against market downturns? During periods of market decline, a portion of the account value may be automatically transferred from the variable, stock-based portfolios selected to an investment-grade bond portfolio. When markets move up, money may be transferred back. This process could limit somewhat your client’s ability to benefit from market recoveries, but it does help protect against market volatility and help reduce risk. When markets are down (click)…a portion of the account value moves from the Stock-based Portfolio(s) into the Bond Portfolio When markets move up (click)…a portion of the account value moves from the Bond Portfolio back into the Stock-based Portfolio(s) Speaker, please read the following to the audience: Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus use a predetermined mathematical formula to help manage your clients’ guarantee through all market cycles. Each business day, the formula determines if any portion of the account value needs to be transferred into or out of the AST Investment Grade Bond Portfolio (the "Bond Portfolio"). Amounts transferred by the formula depend on a number of factors unique to your client’s individual annuity and include: The difference between the account value and the Protected Withdrawal Value; How long your client has owned Highest Daily Lifetime 6 Plus or Spousal Highest Daily Lifetime 6 Plus; The amount invested in, and the performance of, the permitted subaccounts; The amount invested in, and the performance of, the Bond Portfolio; and The impact of additional purchase payments made to and withdrawals taken from the annuity. Therefore, at any given time, some, most, or none of the account value may be allocated to the Bond Portfolio. Transfers to and from the Bond Portfolio do not impact any income guarantees that have already been locked in. The Protected Withdrawal Value (the basis for guaranteed lifetime income) is separate from the account value, and only available through withdrawals, not as a lump sum. Any amounts invested in the Bond Portfolio will affect your clients’ ability to participate in a subsequent recovery within the permitted subaccounts. Conversely, the account value may be higher at the beginning of the recovery; e.g., more of the account value may have been protected from decline and volatility than it otherwise would have been had the benefit not been elected. Please note: Your client may not allocate purchase payments or transfer account value into or out of the Bond Portfolio. See the prospectus for complete details. Bond Portfolio

How HD Lifetime 6 Plus Can Generate Guaranteed Income For Life…
Guaranteed annual income is based on a percentage of the actual account value or the Protected Withdrawal Value, whichever is higher. Protected Withdrawal Value Account Value So what happens when it’s time to retire? Let’s talk about how HD Lifetime 6 Plus can generate guaranteed income for life. Once your client retires, it’s time to put HD Lifetime 6 Plus to work creating regular annual income they can live on. (click) Annuities from Prudential companies with HD Lifetime 6 Plus can provide guaranteed annual income, based on a percentage of the actual account value or the Protected Withdrawal Value, whichever is higher.

When Income Begins HD Lifetime 6 Plus Spousal HD Lifetime 6 Plus
Annuitant’s age at first Lifetime Withdrawal Income Percentage 45-less than 59½ 4% 59½-79 5% 80+ 6% Spousal HD Lifetime 6 Plus Age of the younger spouse at first Lifetime Withdrawal Income Percentage 50-64 4% 65-84 5% 85+ 6% How much income will your client receives? Depending on your client’s age when you begin taking withdrawals, they’ll receive four, five, or six percent of the Protected Withdrawal Value as annual retirement income as long as they live. Withdrawals can begin at anytime. That money comes from the actual account value. But even if the account balance goes to zero, your client will still get the same annual income payment guaranteed for life.

Guaranteed Growth If Your Clients Delay Lifetime Withdrawals
Minimum income guarantees equate to a 7.2% average annual return! Your clients also have minimum income guarantees! Let’s say their initial purchase payment is $100,000: Your clients’ Protected Withdrawal Value (basis for lifetime income) will be: After years: 200% = $200,000 400% = $400,000 10 20 Account Value Here’s one more important guarantee. Suppose your clients delay the Lifetime Withdrawal for the first 10 or 20 years they hold the annuity benefit. In that case, the Protected Withdrawal Value is guaranteed to be 200% or 400% respectively, of their starting account value. Guaranteed minimum growth if your clients delay Lifetime Withdrawals (click) 10 Years: $100,000 grows at least 200% to $200,000 20 Years: $100,000 grows at least 400% to $400,000 (click) Minimum income guarantees of 200% and 400% equate to a 7.2% average annual return! The examples above are a percentage of the starting account value. The Non-Lifetime Withdrawal (see slide 46 for more details) will proportionally reduce the 10- and 20-year guarantees as well as the current Protected Withdrawal Value. If the minimum guarantee exceeds the current Protected Withdrawal Value, then it will become the new basis for lifetime income and will continue to grow at a compounded 6% rate until the first Lifetime Withdrawal. Thanks to HD Lifetime 6 Plus, investing for retirement doesn’t have to be a time of anxiety. YEARS 5 10 15 20 This is a hypothetical example for illustrative purposes only. It does not reflect a specific annuity or the performance of any investment. Guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. Please note, benefits may not be available in all states.

Potential For Greater Income And Additional Flexibility
Post-withdrawal step-ups based on the highest daily value Non-Lifetime Withdrawal Spousal HD Lifetime 6 Plus: Withdrawals continue uninterrupted to the surviving spouse Ability to cancel either benefit at any time HD Lifetime 6 Plus and Spousal HD Lifetime 6 Plus offer features that provide a competitive advantage over similar products offered by our competitors. Click through the bullets and explain features) Potential for highest daily value step-ups after Lifetime Withdrawals begin Flexibility to take one Non-Lifetime Withdrawal without interrupting the daily lock-in feature or the 6% compounded growth Non-Lifetime Withdrawal: a feature that allows for a one time withdrawal to be taken from an annuity with HD & Spousal HD Lifetime 6 Plus, without stopping the daily step-ups and 6% compounded growth Will proportionally reduce the Protected Withdrawal Value as well as the 200% and 400% minimum income guarantees. At the time of the withdrawal, your client must specify the withdrawal is intended to be a Non-Lifetime Withdrawal Spousal HD Lifetime 6 Plus: Withdrawals continue to the surviving spouse upon death of the first spouse without interruption, even if the account value has been depleted The ability to cancel and re-elect the benefits at any time. Your client may cancel any of the benefits at any time. After cancellation, the client will no longer be charged for the benefit. If cancelled, the benefit may be re-elected on any day beginning with the following business day (provided investment allocation requirements are in good order). May vary by broker/dealer. Please note that any and all guarantees are lost upon cancellation. A Non-Lifetime Withdrawal will proportionally reduce the Protected Withdrawal Value as well as the 200% and 400% guarantees. At the time of the withdrawal, your client must specify the withdrawal is intended to be a Non-Lifetime Withdrawal.

Annual Benefit Charge*
HD & Spousal HD Lifetime 6 Plus… At a Glance Optional Benefit Annual Benefit Charge* Minimum Issue Age Maximum Issue Age Investment Options** HD Lifetime Plus 0.85% (annuitant) May vary by state or broker/dealer Invest in a range of asset allocation options spanning four diverse investment strategies, or create a portfolio from individual investment options Spousal HD Lifetime 6 Plus 0.95% 50/ (younger spouse/ older spouse) Let’s look at the specs (Read Slide). * Annual benefit charges are assessed quarterly against the greater of the account value and the Protected Withdrawal Value (adjusted for withdrawals and premiums). Fees will be taken pro-rata across all subaccounts. Please note that, upon step-up, after income begins, the fees may be higher. The fees are in addition to fees and charges associated with the basic annuity. See the prospectus for complete details. ** When creating a portfolio, certain subaccount limitations may apply and your clients will need to maintain a minimum 20% allocation to one or more of the eligible bond subaccounts. For a list of available asset allocation portfolios and subaccounts, please refer to the prospectus. Asset allocation does not ensure a profit or protect against loss. Certain asset allocation portfolios may not be available with optional benefits.

Calculating Your Client’s Guaranteed Annual Income Amount
1 $250,000 Investment Amount: 2 12 Years Until Retirement: 3 Minimum Lifetime Income Basis: (investment amount & income multiple) $250,000 x $562,500 68 4 Age at Retirement: (or younger spouse for Spousal Highest Daily Lifetime 6 Plus) Optional Slide – Please hide if you choose not to use it This worksheet is in the folder of materials. I can help you calculate your own guaranteed retirement income. Let me demonstrate how a variable annuity from Prudential companies with the HD Lifetime 6 Plus or the Spousal HD Lifetime 6 Plus optional living benefit can provide your clients with guaranteed lifetime income. (Click through the worksheet to reveal the numbers) Guaranteed Minimum Annual Income for Life: 5 $562,500 x .05 = $28,125

Changing Jobs or Retiring:
What Are The Options? Leave assets in a former employer’s plan Transfer assets to a new employer’s plan Cash out (take a lump-sum distribution) Rollover IRA Optional Slide – Must be used in conjunction with slide 50. Please hide both slides if you choose not to use them. Let’s take a moment now to think about qualified retirement plan assets. For most of us, the savings we have set aside in a tax-qualified retirement account, such as a company-sponsored 401(k) plan, represent our second largest asset next to our homes. During prime earning years, the focus may be on accumulating assets in these plans. But as retirement draws closer, attention may be focused on preserving those assets. Because retirement planning is a lifelong process, there are important decisions to make about what to do with the assets your clients have accumulated. In general, your clients have four options for managing their retirement account assets after leaving a job or retiring. Each option has its advantages and disadvantages. Let’s take a closer look. (Click) Your client may be able to leave the money in their former employer’s plan. Leaving their assets where they are is the easiest option because it requires no action on your client’s part. He/she will continue to benefit from tax-deferred compounding, and they’ll have some control over how their money is invested among the plan’s investment options. On the downside, your client will no longer be able to contribute to the plan, which could slow account growth, and their investment choices will be limited to whatever the plan offers. Plus, if your client changes jobs frequently, he/she may find themselves with several separate plans from former employers, each with their own plan administrator and investment offerings. (Click) Your client also may be able to transfer the balance to a retirement account sponsored by their new employer. As with the first option, they’ll continue to enjoy tax deferral on the full account balance, but once again, their investment choices are likely to be limited. Plus, they’ll need to investigate how the new plan’s rules compare to the old plan’s rules. For example, one plan may allow participants to borrow money from their accounts, while another may not. (Click) Third, your client may cash out the account by taking a lump-sum distribution. As tempting as this sounds, it has costly drawbacks — top among them a 20% mandatory federal tax withholding, ordinary income tax, and a 10% early withdrawal penalty if the client separates from service before age 55. Aside from the taxes and penalties, don’t overlook the obvious problem with a cash-out distribution. By taking money out of a tax-deferred retirement account now, your client runs the risk of not having enough money on hand in retirement. (Click) Finally, but first on the list, is rolling over your client’s retirement plan assets from their former employer’s plan into an IRA.

A Good Choice for Qualified Plan Assets
Help reduce downside risk in declining markets No immediate tax consequences or penalties A wider array of investment choices Optional Slide – Must be used in conjunction with slide 49. Please hide both slides if you choose not to use them. While employer-sponsored retirement plans have served your clients well in your pursuit of building a sizeable retirement account, they don’t offer anything in the way of downside protection. If markets go down, their retirement assets go down. Unfortunately, it’s that simple. Today’s variable annuities may be a good choice for qualified plan assets. Placing your client’s qualified plan assets into an IRA with a variable annuity with the appropriate type of optional benefit may help protect their assets from market downturns (click) and help them capture potential market gains. (click) Plus, with a variable annuity held in a Rollover IRA, there are no immediate tax consequences or early withdrawal penalties. (click) And a variable annuity typically offers a much wider array of investment choices than does the average employer-sponsored retirement plan. It is important to note: Qualified Plan rollovers can be very appropriate for many individuals. There are, however, some other things to think about: Exceptions to the 10% federal income tax penalty – The penalty exceptions for distributions from employer plans and IRAs are not identical. Two exceptions apply to an employer plan but not an IRA – separation from service at or after age 55 and qualified domestic relations orders. Conversely, IRAs provide penalty exceptions for first-time home purchase and higher education, but employer plans do not. Net Unrealized Appreciation (NUA) tax treatment – Favorable NUA tax treatment is not available to IRAs. Therefore, if an individual has highly appreciated company stock in an employer-sponsored plan, rolling that stock to an IRA eliminates the ability to take advantage of NUA tax treatment. Creditor protection – While IRAs now have federal bankruptcy protection, as do all qualified plans, IRAs may be subject to the claims of non-bankruptcy creditors unless protected under state law. Loans – In the event that a 401(k) is terminated, the loan may be subject to income taxes and a federal income tax penalty. New contributions to the employer plan – Taking distributions may affect your client’s ability to make future contributions to the employer plan. I do need to mention one additional thing. When your client purchases a variable annuity for a tax-qualified retirement plan, they receive no additional tax-deferred treatment beyond what is provided in their current plan. Therefore, your clients should consider a variable annuity only if other benefits are desired, such as a death benefit or payout options that can provide guaranteed income for life. At the end of the day, variable annuities may help your clients grow and protect their qualified plan assets. (Click to reveal “call out“ box) Your clients spent a lifetime building their savings… Let me show you how to make your clients’ savings generate a lifetime of income in retirement.

Let’s Recap Guaranteed Income Growth Guaranteed Lifetime Payments
Flexibility With Retirement Savings Let’s quickly recap everything you get with HD Lifetime 6 Plus: (Click) Guaranteed Income Growth: A guarantee that the Protected Withdrawal Value will keep growing (6% compounded growth on the highest daily account value, until Lifetime Withdrawals begin), no matter what the market is doing. (Click) Guaranteed Lifetime Payments: A guarantee that will generate annual retirement income no matter how long your clients live. (Click) Flexibility With Your Clients’ Retirement Savings: Your clients don’t have to give up all control of their retirement savings. No other retirement strategy available today can do all that.

Lifetime Income Accelerator (LIA)
Optional Module #4 Additional Feature: Lifetime Income Accelerator (LIA) Slides [59-64] This is the Lifetime Income Accelerator (LIA) module. It must be presented in conjunction with the HD Lifetime 6 Plus & Spousal HD Lifetime 6 Plus module. Please remember to hide the cover slide if presenting this module.

What is the Lifetime Income Accelerator?
An optional feature available with HD Lifetime 6 Plus Can double the Annual Income Amount if the client becomes unable to care for him/herself Flexibility to live at home or in a qualified nursing facility The Lifetime Income Accelerator (LIA) is (click) an optional feature available with HD Lifetime 6 Plus (click) that will double your client’s Annual Income Amount, should certain health conditions render them incapable of caring for himself/herself. LIA provides the (click) flexibility to increase the annual income amount regardless of whether or not they are still living at home or in a qualified nursing facility helping to ease the concern of rising costs in retirement. HD Lifetime 6 Plus with Lifetime Income Accelerator is not long-term care insurance and should not be purchased as a substitute for long-term care insurance. The income your client receives through the Lifetime Income Accelerator may be used for any purpose, and it may or may not be sufficient to address expenses they may incur for long-term care. Lifetime Income Accelerator is not long-term care insurance and should not be purchased as a substitute for long-term care insurance. The income received through the Lifetime Income Accelerator may be used for any purpose, and it may or may not be sufficient to address expenses your client may incur for long-term care.

How Your Client Can Become Eligible…
He/She must be unable to perform two or more activities of daily living* OR He/She must be confined to a qualified nursing care facility Here’s how your client can become eligible for the LIA feature… (click to reveal each bullet point) *Just to be clear, activities of daily living include: bathing, continence, dressing, eating, toileting and transferring. * Activities of daily living include: bathing, continence, dressing, eating, toileting and transferring

The waiting and elimination periods may run concurrently.
And They Must Also… Wait a period of three years following benefit election Meet an elimination period of 120 days The waiting and elimination periods may run concurrently. Your client must also (click) wait a period of three years following benefit election before accelerated income can begin and (click) meet an elimination period of 120 days (from notification that eligibility conditions have been met) before accelerated income can begin. (click) The waiting and elimination periods may run concurrently.

Your client begins taking lifetime income
Here’s How LIA Works… Your client meets all of the requirements and becomes eligible for double the Annual Income Amount. Your client begins taking lifetime income $50,000/year $50,000/year $25,000/year $25,000/year $25,000/year $25,000/year $25,000/year Optional Slide Here is how LIA works. Your client purchases a variable annuity with HD Lifetime 6 Plus and the optional LIA feature, and (click) begins taking lifetime income. While he/she is receiving income, they become ill and apply to receive the LIA benefit. (click) Three years later, the client meets all of the requirements and becomes eligible for double the Annual Income Amount. [HD Lifetime 6 Plus] with Lifetime Income Accelerator is NOT long-term care insurance and should not be purchased in place of long-term care insurance. This hypothetical example is for illustrative purposes only and does not reflect the performance of any investment. Please note that past performance is not indicative of future results. Highest Daily Lifetime 6 Plus with Lifetime Income Accelerator is not long-term care insurance and should not be purchased as a substitute for long-term care insurance. The income received through the Lifetime Income Accelerator may be used for any purpose, and it may or may not be sufficient to address expenses your client may incur for long-term care.

Annual Benefit Charge* Flexible Election Options**
LIA – At a Glance Optional Benefit Annual Benefit Charge* Minimum Issue Age Maximum Issue Age Flexible Election Options** HD Lifetime 6 Plus with LIA*** 1.20% (annuitant) 75 May be elected or cancelled at any time * Annual benefit charges are assessed quarterly against the greater of the account value and the Protected Withdrawal Value (adjusted for withdrawals and purchase payments). Fees will be taken pro-rata across all investment options. Please note that upon step-up after income begins, the fees may be higher. The fees are in addition to fees and charges associated with the basic annuity. See the prospectus for complete details. ** Your client may cancel any of the benefits at any time. After cancellation, he/she will no longer be charged for the benefit. If cancelled, the benefit may be re-elected on any day beginning with the following business day (provided investment allocation requirements are in good order). May vary by broker/dealer. Please note that any and all guarantees are lost upon cancellation. *** Lifetime Income Accelerator is not available with Spousal HD Lifetime 6 Plus and may not be available in all states. Please refer to the prospectus for complete details on benefit charges and election options. Let’s look at the specs (Read Slide).

Flexible Investment Options
Simple or Sophisticated Turnkey asset allocation portfolios OR Create a personalized portfolio* We offer a variety of investment options that can be (click) as simple or sophisticated as you and your client want to make them. (click) Choose from one or more of 15 turnkey asset allocation portfolios including traditional, alternative, quantitative and tactical strategies; OR (click) Create a personalized portfolio from a broad spectrum of individual investment options* * When creating a personalized portfolio, certain subaccount limitations may apply and a minimum allocation of 20% will need to be maintained to in one or more of the eligible bond subaccounts. Please refer to the prospectus for complete information. * When creating a personalized portfolio, certain subaccount limitations apply and a minimum allocation of 20% will need to be maintained to in one or more of the eligible bond subaccounts. Please refer to the prospectus for complete information.

HD Lifetime 6 Plus & Spousal HD Lifetime 6 Plus Formula
Optional Module #5 HD Lifetime 6 Plus & Spousal HD Lifetime 6 Plus Formula Slides [66-81] This is the Highest Daily & Spousal Highest Daily Lifetime 6 Plus Formula Module. It must be presented in conjunction with the HD Lifetime 6 Plus & Spousal HD Lifetime 6 Plus module (Module 3). Please hide this slide when presenting.

How can we offer HD Guarantees…
Diverse Business Mix – The longevity risk taken on by the variable annuities business helps to offset the mortality risk in our life insurance business Hedging Strategy – We purchase longer-dated instruments to better match economic characteristics and maturity of liabilities Reduces exposure to rebalancing and re-pricing risk Prudent Product Design – We designed the benefit to minimize risk Asset allocation requirements Minimum Issue Ages Predetermined Mathematical Formula (Read Slide) By purchasing a Prudential Variable Annuity, your clients are in essence transferring the risk from their balance sheet to Prudential’s. We manage our risk in several different ways. Diverse business mix: The longevity risk taken on through our variable annuities business is offset by the mortality risk in our life insurance business with over $2.65 trillion in assets as of 4th quarter 2007. Hedging Strategy: We purchase longer-dated instruments to better match economic characteristics & maturity of liabilities therefore reducing exposure to rebalancing and re-pricing risk Prudent product design: We design the benefit to minimize risk. The risk that is left we manage through; Asset allocation requirements Minimum Issue Ages The Predetermined Mathematical Formula

Managing Your Clients’ Guarantees
Predetermined mathematical formula helps manage the guarantee Formula transfers account value into or out of Bond Portfolio, based on a number of factors At any time, some, most, or none of the account value may be allocated to the Bond Portfolio If additional payments are made, formula may/may not transfer account value out of Bond Portfolio Amounts in the Bond Portfolio will affect the ability to participate in a subsequent recovery Conversely, the account value may be higher at the beginning of the recovery Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus utilize a predetermined mathematical formula to help manage your client’s risk and the company’s risk by helping to protect the account value in extended market downturns. Our risk management strategy… Helps to narrow the range of possible investment outcomes Provides Prudential with the flexibility to offer features like highest daily lock-ins and 6% compounded growth until the first Lifetime Withdrawal Let’s take a closer look at the tools we use to manage risk. Highest Daily Lifetime 6 Plus and Spousal Highest Daily Lifetime 6 Plus use a predetermined mathematical formula to help manage your clients’ guarantee through all market cycles. Each business day, the formula determines if any portion of the account value needs to be transferred into or out of the AST Investment Grade Bond Portfolio (the "Bond Portfolio"). Amounts transferred by the formula depend on a number of factors unique to your client’s individual annuity and include: The difference between the account value and the Protected Withdrawal Value; How long your client has owned Highest Daily Lifetime 6 Plus or Spousal Highest Daily Lifetime 6 Plus; The amount invested in, and the performance of, the permitted subaccounts; The amount invested in, and the performance of, the Bond Portfolio; and The impact of additional purchase payments made to and withdrawals taken from the annuity. Therefore, at any given time, some, most, or none of the account value may be allocated to the Bond Portfolio. Transfers to and from the Bond Portfolio do not impact any income guarantees that have already been locked in. The Protected Withdrawal Value (the basis for guaranteed lifetime income) is separate from the account value, and only available through withdrawals, not as a lump sum. Any amounts invested in the Bond Portfolio will affect your clients’ ability to participate in a subsequent recovery within the permitted subaccounts. Conversely, the account value may be higher at the beginning of the recovery; e.g., more of the account value may have been protected from decline and volatility than it otherwise would have been had the benefit not been elected. Please note: Your client may not allocate purchase payments or transfer account value into or out of the Bond Portfolio. See the prospectus for complete details. Taxes, both federal and state, are not included. Withdrawals of taxable amounts will be subject to ordinary income tax, and if taken prior to age 59 ½, may be subject to a 10% federal income tax penalty.

The HD Lifetime 6 Plus Formula
= L – B V R: Target ratio L: The Liability (present value of lifetime income) B: Account Value in the AST Investment Grade Bond Portfolio V: Account Value in the permitted subaccounts Here is a quick refresher on the formula: R= (L - B)/ V L = 6% of the PWV the corresponding annuity factor (annuity table in the prospectus) B = any assets in the bond portfolio V = any assets in the selected subaccounts Transfers into and out of the AST Investment Grade Bond Portfolio are driven by the ratio.

How the Ratio is Calculated
Example: PWV = $200,000 AV = $179,500 Contract = 1 year old Annual Income = $10,000 (5% x $200,000) A = (annuity table) Here’s a mathematical example: Our Liability is equal to 5% of the PWV multiplied by A Based on the numbers here, that comes out to $10,000 * = $149,500. We compare this to the Variable account value of $179,500 to come up with a ratio of (click) 83.3%. 5% * PWV * A - B V $10,000 * $179,500 83.3% = =

Additional Formula Features
Three Day Rule: If the ratio "R" is greater than 83% for three consecutive days, a transfer into the AST Investment Grade Bond Portfolio (“Bond Portfolio”) will occur, OR If on any day the ratio "R" is greater than 84.5%, a transfer into the Bond Portfolio will occur Designed to reduce the likelihood of a transfer into the Bond Portfolio Read Slide If the ratio "R" is greater than 83% for three consecutive days, a transfer into the AST Investment Grade Bond Portfolio (“Bond Portfolio”) will occur, or If on any day the ratio "R" is greater than 84.5%, Designed to reduce the likelihood of a transfer into the Bond Portfolio due to negative account performance spread over a few days in order to give the account an opportunity to recover (positive account performance) prior to making a transfer 70 70

80 How Transfers Occur Into Bond Out of Bond %
If on any given day the ratio is above 84.5% a transfer into the AST Investment Grade Bond Portfolio will occur Target Ratio 84.5 Into Bond 83 If the ratio is above 83% but less than or equal to 84.5% for three consecutive days a transfer into the AST Investment Grade Bond Portfolio will occur 82 76.7% is the ratio that every contract with HD Lifetime 6 Plus starts at on day one 80 % 81 80 Note: We have increased the lower target from 77% to 78%, we have introduced the three day rule as well as a secondary upper target of 84.5% So now that we have calculated this ratio, what happens? How do we know if the ratio is too high or too low? We like to depict this using a thermostat. When you set your thermostat to a target temperature, and the temperature gets too high above that target, the air comes on and the temperature goes back to the target. If the temperature gets too low, the heat comes on until you get back to the target. Let’s see how that compares to the ratio. The target for our ratio is 80%. If the ratio is 80%, we are comfortable, and do not need to “cool things down” by moving money into the Bond Portfolio, or “heat things up” by moving money out of the Bond Portfolio. The ratio starts for all contracts start at 76.7% - but there’s no heat to turn on since we start with no money in the Bond Portfolio. But what happens if it goes up and hits above 83%? (click) This is our upper limit – if it goes over 83% for three consecutive days, we need to cool down the ratio by moving money to the Bond Portfolio. If the ratio goes over the upper limit of 84.5% on any given day there will be a movement into the Bond Portfolio. Whenever a move happens, we reset the ratio to the target of 80% (click). Now, what if the ratio goes down to 78%? (click) This is our lower limit – if it goes below 78%, we can safely turn on the heat, and push money out of the Bond Portfolio. Again, we reset to the target of 80% (click). 79 Out of Bond If on any given day the ratio is below 78% a transfer out of the AST Investment Grade Bond Portfolio will occur 78 77 76.7 71

How the Ratio is Calculated
Assuming the ratio has been above 83% for three consecutive days there will be a transfer into the Bond Portfolio Example: PWV = $200,000 AV = $179,500 Contract = 1 year old Annual Income = $10,000 (5% x $200,000) A = (annuity table) Let’s take another look at this mathematical example: Our Liability is equal to 5% of the PWV multiplied by A Based on the numbers here, that comes out to $10,000 * = $149,500. We compare this to the Variable account value of $179,500 to come up with a ratio of 83.3% - too high! Money needs to move to bonds. In this example we transfer $29,500 into the Bond Portfolio which would reduce the ratio from 83.3% to 80%. This represents a transfer of 16.4% of the account value. 5% * PWV * A - B V $10,000 x $179,500 83.3% = =

90% Cap on transfers into the AST Investment Grade Bond Portfolio ("Bond Portfolio") A transfer will not be made that would result in greater than 90% of the account value being allocated to the Bond Portfolio, only the amount that would result in exactly 90% being allocated to the Bond Portfolio would be transferred Once the 90% Cap is reached, no future transfers into the Bond Portfolio will occur, until first preceded by a transfer out It is possible due to the investment performance of the allocations in the Bond Portfolio and the allocations in the permitted subaccounts that have been selected, the Account Value could be more than 90% invested in the Bond Portfolio The formula limits the amount of account value that may be transferred into the AST Investment Grade Bond Portfolio (“Bond Portfolio”), to 90%. A transfer into the Bond Portfolio resulting in greater than 90% of the account value being allocated to the Bond Portfolio will not occur. If the formula requires a transfer that would result in greater than 90% being allocated to the Bond Portfolio, only the amount that would result in exactly 90% of the account being allocated to the Bond Portfolio will be transferred. Once the 90% Cap is reached, no future transfers into the Bond Portfolio will occur at least until it is first preceded by a transfer out of the Bond Portfolio. Following the transfer out of the Bond Portfolio, the formula may transfer account value to or from the Bond Portfolio subject to the 90% Cap. The formula will not transfer more than 90%, of the account value to the Bond Portfolio. However, it is possible that, due to the investment performance of the allocations in the Bond Portfolio and the allocations in the permitted subaccounts that have been selected, the account value could be more than 90% invested in the Bond Portfolio. 73 73

The Formula is a Two Way Street…
Let’s think of the Formula visually as a road. Currently the Formula determines transfers up to a maximum of 90% of the account value both into and out of the Bond Portfolio. So the Formula is a two way street. Next we will look at what happens when a contract hits the 90% cap…

The 90% Cap Makes it a One Way Street…
The formula becomes a one way street- With the cap in place, a benefit transfer into the AST Investment Grade Bond Portfolio (“Bond Portfolio”) would not occur that would result in greater than 90% of the account value being allocated to the Bond Portfolio. However, it is possible that, due to the investment performance of the allocations in the Bond Portfolio and the allocations in the Permitted Subaccounts that have been selected, the account value could be more than 90% invested in the Bond Portfolio. If the formula requires a transfer that would result in greater than 90% being allocated to the Bond Portfolio, only the amount that would result in exactly 90% of the account being allocated to the Bond Portfolio would be transferred. Once the cap has been met, no future transfers into the Bond Portfolio will occur unless it is first preceded by a transfer out of the Bond Portfolio. Following this transfer out of the Bond Portfolio, the formula will be able to transfer to or from the Bond Portfolio (subject to the 90% cap). If, when elected, the account has greater than 90% in the Bond Portfolio, a transfer will be made that results in exactly 90% of the account being allocated to the Bond Portfolio (i.e. if the account has $95,000 in the Bond Portfolio and $5,000 in the elected subaccounts, a transfer of $5,000 would be made from the Bond Portfolio to the elected subaccounts pro-rata or according to most recent allocation instructions). This transfer would result in the 90% cap being met such that no future transfers into the Bond portfolio would occur unless it is first preceded by a transfer out of the Bond Portfolio. Additional purchase payments made while the cap is in place will be immediately allocated among selected subaccounts and cannot be transferred into the Bond Portfolio unless there is first a transfer out of the Bond Portfolio.

Then back to a Two Way Street…
After the Cap is reached and there is a transfer out of Bond, the formula becomes a two way street again, up to the Cap of 90% on transfers back into Bond. Additional Details: The cap may or may not result in future transfers out of the Bond Portfolio That account may have greater than 90% in either the Bond Portfolio due to poor subaccount performance and/or positive Bond Portfolio performance If elected the cap cannot be revoked unless the entire benefit is terminated Purchase payments made while the cap is in place (if there is not a transfer out of the Bond Portfolio) will be subject to the performance of the elected subaccounts (positive and negative) and will not be protected by the transfer activity of the formula, at least until there is first a transfer out of the Bond Portfolio.

How can a contract have more than 90% in the Bond Portfolio?
Account value allocation the day the 90% cap is met Next day account value % of total account value Next day performance Bond $90,000 + 1% $90,900 90.3% $100,000 $100,700* Variable $10,000 -2% $9,800 9.7% Read slide on how a contract can be over the 90% cap. The formula will not transfer more than 90%, However, it is possible that, due to the investment performance of Bond Portfolio and the permitted subaccounts, the account value could be more than 90% invested in the Bond Portfolio. * It’s important to note: In this example, the 1% increase in the Bond Portfolio will more than offset the 2% loss in the variable portfolio, so the total account value actually increased to $100,700. This example also illustrates the results for contracts with the majority of account value in the Bond portfolio will be driven by the bond portfolio’s performance. * It’s important to note in this example the 1% increase in the bond portfolio more than offset the 2% loss in the variable portfolio, so the Total Account Value actually increased to $100,700. This example also illustrates that the results for contracts with the majority of Account Value in the Bond portfolio will be driven by the bond portfolio’s performance.

Important Summary Points… The 90% Cap
Once the 90% Cap is reached, no future transfers into the Bond Portfolio will occur until first preceded by a transfer out (One Way Street). After the transfer out, the formula may transfer Account Value to or from the Bond Portfolio subject to the 90% Cap. (Back to Two Way Street) The formula will not transfer more than 90%. However, it is possible that, due to the investment performance of the Bond Portfolio and the permitted subaccounts, the account value could be more than 90% invested in Bond Portfolio. Additional purchase payments made to a contract at the 90% Cap will not be transferred into the Bond Portfolio at least until there is first a transfer out. Additionally, the formula may or may not transfer any account value out of the Bond Portfolio as a result of additional purchase payments. Once the 90% Cap is reached, no future transfers into the Bond Portfolio will occur at least until it is first preceded by a transfer out of the Bond Portfolio. Following the transfer out of the Bond Portfolio the formula may transfer account value to or from the Bond Portfolio subject to the 90% Cap. The formula will not transfer more than 90%, of the account value to the Bond Portfolio. However, it is possible that, due to the investment performance of the allocations in the Bond Portfolio and the allocations in the permitted subaccounts that have been selected, the account value could be more than 90% invested in the Bond Portfolio. Additional purchase payments made to a contract which is at the 90% Cap will be immediately allocated among the permitted subaccounts and will not be transferred into the Bond Portfolio at least until there is first a transfer out of the Bond Portfolio, meaning that the formula may never transfer any portion of the purchase payment to the Bond Portfolio.

Monthaversary On each monthly benefit anniversary, a transfer of the lesser of 5% of the account value or the total amount allocated to the AST Investment Grade Bond Portfolio (“Bond Portfolio”) will be made from the Bond Portfolio back into the chosen Permitted Subaccounts, provided that the ratio "R" after the transfer is less than 83%*. (Read slide). Now let’s walk through an example… * If “R” after the transfer is greater than or equal to 83% the monthaversary, the transfer would not occur.

Monthaversary Example
Additional Formula Features Monthaversary Example Before Transfer PWV = $300,000 AV = $272,812.50 L = $224,250 V = $242,812.50 B = $30,000 A = (annuity table) R (prior to Monthly transfer) = 80% 5% of AV = $13,640.62 After Transfer PWV = $300,000 AV = $ 272,812.50 L = $ 224,250 V = $ 256,453.12 B = $ 16,359.38 A = (annuity table) R (after Monthly transfer) = 81%* In this example we are showing movements from the Bond Portfolio back into the permitted subaccounts. Before the transfer, the balance in variable subaccounts is $242, and the balance in the Bond Portfolio is $30,000. We will move the lesser of 5% of the account value or the total amount allocated to the AST Investment Grade Bond Portfolio back into the permitted subaccounts, in this case 5% of the account value is the smaller amount which equals $13, After the transfer has occurred there is a balance in the variable subaccounts of $256, and the balance in the Bond Portfolio is $16, Please note that if the ratio is still above 83% after the transfer, the transfer would not occur. *If “R” after the transfer is greater than or equal to 83% the monthaversary transfer would not occur.

HD Lifetime 6 Plus… Formula Summary
Three Day Rule Designed to reduce the likelihood of a transfer into the Bond Portfolio 90% Cap No more than 90% of the account value will be transferred into the Bond Portfolio Monthaversary On each monthly contract anniversary, 5% of the account value or the total amount allocated to the Bond Portfolio (whichever is less) is eligible to be transferred back into the chosen permitted subaccounts Three Day Rule If the ratio "R" is greater than 83% for three consecutive days, a transfer into the AST Investment Grade Bond Portfolio (“Bond Portfolio”) will occur, or If on any day the ratio "R" is greater than 84.5%, Designed to reduce the likelihood of a transfer into the Bond Portfolio due to negative account performance spread over a few days in order to give the account an opportunity to recover (positive account performance) prior to making a transfer 90% Cap No more than 90% of the account value will be transferred into the AST Investment Grade Bond Portfolio Once the 90% Cap is reached, no future transfers into the Bond Portfolio will occur at least until it is first preceded by a transfer out of the Bond Portfolio. It is possible that, due to the investment performance of the allocations in the Bond Portfolio and the allocations in the permitted subaccounts that have been selected, the Account Value could be more than 90% invested in the Bond Portfolio. Monthaversary On each monthly benefit anniversary, a transfer of the lesser of 5% of the account value or the total amount allocated to the Bond Portfolio will be made from the Bond Portfolio back into the chosen Permitted Subaccounts, provided that the ratio "R" after the transfer is less than 83%*. * If “R” after the transfer is greater than 83% the monthaversary, the transfer would not occur.

Highest Daily Guaranteed Return OptionSM (HD GROSM)
Optional Module #6 Highest Daily Guaranteed Return OptionSM (HD GROSM) Slides [83-87] Please hide this slide when presenting. If presenting, please use all of the slides in this module.

Help Secure Your Client’s Future
Protect Retirement Savings Guaranteed minimum account value after 10 years* Capture Investment Growth Automatically lock in new highest daily value guarantees each year A variable annuity with the Highest Daily Guaranteed Return Option (HD GRO) can help your clients plan for a secure retirement. They’ll have opportunities to realize greater guarantees based on their annuity’s highest daily value with the certainty that their purchase payments will be guaranteed after ten years. (click) Protect Retirement Savings – With an initial guarantee that the account value will be equal to 100% of the purchase payments* ten years after the benefit is elected. (click) Capture Investment Growth – By automatically locking in new guarantees each year, based on the annuity’s highest daily value. A new guarantee does not replace any existing guarantees; it matures ten years from the date it is locked in. * Purchase payments are adjusted for any credits or withdrawals. If adding HD GRO to an existing annuity, the initial guarantee equals the account value at the time of benefit election. Now let’s look at a case study, which illustrates how HD GRO works… * Purchase payments are adjusted for any credits or withdrawals. If adding HD GRO to an existing annuity, the initial guarantee equals the account value at the time of benefit election.

HD GRO Case Study ENHANCED GUARANTEE 2 ENHANCED GUARANTEE 1
HIGHEST DAILY LOCK IN ACCOUNT VALUE without HD GRO HIGHEST DAILY LOCK IN ENHANCED GUARANTEE 2 ENHANCED GUARANTEE 1 INITIAL PURCHASE PAYMENT INITIAL GUARANTEE Joe, age 49, decides to purchase a variable annuity from Prudential Annuities and adds the protection of the optional HD GRO accumulation benefit, for an additional fee of 0.60%. His financial goal is to accumulate as much money as possible before retirement, but he doesn’t want to risk losing his principal. (click) The initial guarantee provided by HD GRO protects Joe’s savings by ensuring he will receive no less than his purchase payment ten years after he elects the benefit. In this example, HD GRO: Guarantees Joe’s initial purchase payment after ten years Automatically captures his annuity’s highest daily value at the end of the first year (click), which will mature in year 11 (at age 60) and again at age 61 since no additional guarantee was captured in year 2 (age 51). Captures an additional guarantee (click) in the middle of the third year (age 52), which will mature in year 13 (at age 62), and every year thereafter. On the anniversary a guarantee matures, HD GRO compares Joe's account value to the guaranteed amount. If the account value is less, HD GRO adds money to his annuity so that the account value equals the amount of the guarantee. Age 59 60 62 This hypothetical example is for illustrative purposes only and is not meant to represent the performance of any specific annuity. If this were an actual example, various costs would be factored into the gross return, including annual insurance charges of the annuity, annual contract charges, any applicable distribution charges, investment management fees of the variable subaccounts, the cost for any optional features, and any other applicable fees. Please read the prospectus carefully for descriptions of the underlying costs. Program rules and restrictions may apply. Please see the prospectus for complete details. All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company.

When markets are down… When markets are up… Stock-Based Portfolio How does Prudential offer protection against market downturns? During periods of market decline, a portion of the account value may be automatically transferred from the variable, stock-based portfolios selected to an target maturity bond portfolio. When markets move up, money may be transferred back. This process could limit somewhat your client’s ability to benefit from market recoveries, but it does help protect against market volatility and help reduce risk. When markets are down (click)…a portion of the account value moves from the Stock-based Portfolio(s) into the Bond Portfolios When markets move up (click)…a portion of the account value moves from the Bond Portfolios back into the Stock-based Portfolio(s) Speaker, please read the following to the audience: Highest Daily Guaranteed Return Option (HD GRO) uses a predetermined mathematical formula to help manage your clients’ guarantees through all market cycles. Each business day, the formula determines if any portion of the account value needs to be transferred into or out of certain AST Bond Portfolio Subaccounts (the "Bond Portfolios"). Amounts transferred by the formula depend on a number of factors unique to your client’s individual annuity and include: (i) The difference between the account value and the Guarantee Amount(s); (ii) The amount of time until the maturity of the Guarantee(s); (iii) The amount invested in, and the performance of, the permitted subaccounts; (iv) The amount invested in, and the performance of, the Bond Portfolios; (v) The discount rate used to determine the present value of the Guarantee(s); and (vi) The impact of additional purchase payments made to and withdrawals taken from the annuity. Therefore, at any given time, some, none, or all of the account value may be allocated to the Bond Portfolios. If the entire account value is transferred to the Bond Portfolios, then based on the way the formula operates, the formula will not transfer amounts out of the Bond Portfolios to the permitted subaccounts and the entire account value would remain in the Bond Portfolios. If additional purchase payments are made to the annuity, they will be allocated to the permitted subaccounts according to the allocation instructions. Such additional purchase payments may or may not cause the formula to transfer money in or out of the Bond Portfolios. Once the additional purchase payments are allocated to the annuity, they will also be subject to the mathematical formula, which may result in immediate transfers to or from the Bond Portfolios, if dictated by the formula. Transfers to and from the Bond Portfolios do not impact any guarantees that have already been locked in. Any amounts invested in the Bond Portfolios will affect your clients’ ability to participate in a subsequent recovery within the permitted subaccounts. Conversely, the account value may be higher at the beginning of the recovery; e.g., more of the account value may have been protected from decline and volatility than it otherwise would have been had the benefit not been elected. Please note: Your clients may not allocate purchase payments or transfer account value into or out of the Bond Portfolios. See the prospectus for complete details. Bond Portfolios

HD GRO – At a Glance Optional Benefit Annual Benefit Charge* Minimum Issue Age Maximum Issue Age Flexible Election Options** HD GRO 0.60% None subject to the annuity product selected and may vary by state or broker/dealer May be elected or cancelled at any time Let’s look at the specs (Read Slide). * Annual benefit charges are assessed quarterly against the account value. Fees will be taken pro-rata across all subaccounts. Please note that, upon step-up, the fees may be higher. The fees are in addition to fees and charges associated with the basic annuity. See the prospectus for complete details. **Can be elected either at contract issue or after the contract is issued. If cancelled, HD GRO can be re-elected on any day beginning the following business day. May vary by state. Please note that your clients will lose any and all guarantees upon cancellation.

At a Glance Flexibility and Control Dollar-for-dollar withdrawals
Spousal Continuation No annuitization or systematic withdrawals are required* Broad spectrum of investment options HD GRO offers you a measure of (click) flexibility and control over your client’s retirement assets (click) Dollar for dollar withdrawals – Dollar-for-dollar withdrawals of up to 5% of the initial guarantee amount per year (click) Spousal Continuation – The surviving spouse can elect to assume the annuity contract and continue the HD GRO benefit, with no interruption to the initial or enhanced guarantee (click) No annuitization or systematic withdrawals required – your clients do not have to annuitize or surrender the contract, or begin taking systematic withdrawals to receive the guarantee amount. (click) Investment Options – Invest in a wide variety of individual, asset allocation and specialty subaccounts * While annuitization is not required to receive income under these benefits, there is a maximum date by which annuity payments must begin under the terms of the annuity.

Guaranteed Return Option PlusSM (GRO PlusSM)
Optional Module #7 Guaranteed Return Option PlusSM (GRO PlusSM) Please hide this slide when presenting. If presenting, please use all of the slides in this module. Slides [89-93] Available with Advanced Series variable annuities only

Help Secure Your Client’s Future
Protect Retirement Savings Guaranteed minimum account value after 7 years* Capture Investment Growth Opportunities to lock in higher values for greater guarantees A variable annuity with Guaranteed Return Option Plus (GRO Plus) can help your clients plan for a secure retirement. They’ll have opportunities to realize greater guarantees with the certainty that their purchase payments will be guaranteed after seven years. (click) Protect Retirement Savings – With an initial guarantee that the account value will be equal to 100% of the purchase payments* seven years after the benefit is elected. (click) Capture Investment Growth – By locking in an enhanced guarantee at any time, each year, while retaining their initial guarantee**. Automatic Step-up Option – an enhanced guarantee is automatically locked in if the account value as of that benefit anniversary exceeds the highest guarantee by 7% or more. * Purchase payments are adjusted for any credits or withdrawals. If adding GRO Plus to an existing annuity, the initial guarantee equals the account value at the time of benefit election. ** Election of an enhanced guarantee supersedes any prior enhanced guarantee and begins a new seven-year waiting period. * Purchase payments are adjusted for any credits or withdrawals. If adding GRO Plus to an existing annuity, the initial guarantee equals the account value at the time of benefit election.

GRO Plus – How It Works ENHANCED GUARANTEE ENHANCED GUARANTEE
ACCOUNT VALUE without GRO Plus ENHANCED GUARANTEE ENHANCED GUARANTEE Let’s take a look at GRO Plus in action. The base guarantee (click) stays in place on each benefit anniversary from year 7 on, as long as the benefit is in force. Let’s assume your client takes a step up at age 57 (click to reveal the first Enhanced Guarantee). This now represents the “enhanced” guarantee, which matures 7 years from the step-up point and every benefit anniversary thereafter (age 64 in this example). Now let’s assume your client takes another step up, this time at age 59 (click to reveal the second Enhanced Guarantee). This step up replaces the previous step up taken at age 57. The client will always retain his/her most current enhanced step-up amount and his base guarantee amount. In this example those are the initial purchase payment, maturing at age 62, and the second enhanced guarantee, maturing at age 66. Speaker notes: Emphasize Your clients never lose their base guarantee, even if they step up to an “enhanced” guarantee amount If guarantee is stepped up, your clients have the flexibility to cancel their “enhanced” guarantee at any point and retain the base guarantee In addition, your clients can elect in advance to automatically step up their enhanced guarantee on any benefit anniversary where the account value is at least 7% higher than the current highest guarantee amount. Your clients can always elect to step up the base or enhanced guarantee on any benefit anniversary where the account value is higher than the current highest guarantee amount, regardless of whether or not they have elected the automatic step-up feature. INITIAL PURCHASE PAYMENT BASE GUARANTEE 62 Age 64 66 This hypothetical example is for illustrative purposes only and is not meant to represent the performance of any specific annuity. If this were an actual example, various costs would be factored into the gross return, including annual insurance charges of the annuity, annual contract charges, any applicable distribution charges, investment management fees of the variable subaccounts, the cost for any optional features, and any other applicable fees. Please read the prospectus carefully for descriptions of the underlying costs. Program rules and restrictions may apply. Please see the prospectus for complete details. All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company.

When markets are down… When markets are up… Stock-Based Portfolio How does Prudential offer protection against market downturns? During periods of market decline, a portion of the account value may be automatically transferred from the variable, stock-based portfolios selected to an target maturity bond portfolio. When markets move up, money may be transferred back. This process could limit somewhat your clients’ ability to benefit from market recoveries, but it does help protect against market volatility and help reduce risk. When markets are down (click)…a portion of the account value moves from the Stock-based Portfolio(s) into the Bond Portfolios When markets move up (click)…a portion of the account value moves from the Bond Portfolios back into the Stock-based Portfolio(s) Speaker, please read the following to the audience: Guaranteed Return Option Plus (GRO Plus) uses a predetermined mathematical formula to help manage your clients’ guarantees through all market cycles. Each business day, the formula determines if any portion of the account value needs to be transferred into or out of certain AST Bond Portfolio Subaccounts (the "Bond Portfolios"). Amounts transferred by the formula depend on a number of factors unique to your client’s individual annuity and include: (i) The difference between the account value and the Guarantee Amount(s); (ii) The amount of time until the maturity of the Guarantee(s); (iii) The amount invested in, and the performance of, the permitted subaccounts; (iv) The amount invested in, and the performance of, the Bond Portfolios; (v) The discount rate used to determine the present value of the Guarantee(s); and (vi) The impact of additional purchase payments made to and withdrawals taken from the annuity. Therefore, at any given time, some, none, or all of the account value may be allocated to the Bond Portfolios. If the entire account value is transferred to the Bond Portfolios, then based on the way the formula operates, the formula will not transfer amounts out of the Bond Portfolios to the permitted subaccounts and the entire account value would remain in the Bond Portfolios. If additional purchase payments are made to the annuity, they will be allocated to the permitted subaccounts according to the allocation instructions. Such additional purchase payments may or may not cause the formula to transfer money in or out of the Bond Portfolios. Once the additional purchase payments are allocated to the annuity, they will also be subject to the mathematical formula, which may result in immediate transfers to or from the Bond Portfolios, if dictated by the formula. Transfers to and from the Bond Portfolios do not impact any guarantees that have already been locked in. Any amounts invested in the Bond Portfolios will affect your clients’ ability to participate in a subsequent recovery within the permitted subaccounts. Conversely, the account value may be higher at the beginning of the recovery; e.g., more of the account value may have been protected from decline and volatility than it otherwise would have been had the benefit not been elected. Please note: Your clients may not allocate purchase payments or transfer account value into or out of the Bond Portfolios. See the prospectus for complete details. Bond Portfolios

GRO Plus – At a Glance Optional Benefit Annual Benefit Charge* Minimum Issue Age Maximum Issue Age Flexible Election Options** GRO Plus 0.60% None subject to the annuity product selected and may vary by state or broker/dealer May be elected or cancelled at any time Let’s look at the specs (Read and Explain Slide). * Annual benefit charges are assessed quarterly against the account value. Fees will be taken pro-rata across all subaccounts. Please note that, upon step-up, the fees may be higher. The fees are in addition to fees and charges associated with the basic annuity. See the prospectus for complete details. **Can be elected either at contract issue or after the contract is issued. If cancelled, GRO Plus can be re-elected on any day beginning the following business day. May vary by state. Please note that your clients will lose any and all guarantees upon cancellation.

At a Glance Flexibility and Control Dollar-for-dollar withdrawals
Spousal Continuation No annuitization or systematic withdrawals are required* Broad spectrum of investment options GRO Plus offers a measure of (click) flexibility and control over your clients’ retirement assets (click) Dollar for dollar withdrawals – Dollar-for-dollar withdrawals of up to 5% of the initial guarantee amount per year (click) Spousal Continuation – The surviving spouse can elect to assume the annuity contract and continue the GRO Plus benefit, with no interruption to the initial or enhanced guarantee (click) No annuitization or systematic withdrawals required – your clients do not have to annuitize or surrender the contract, or begin taking systematic withdrawals to receive the guarantee amount. (click) Investment Options – Invest in a wide variety of individual, asset allocation and specialty subaccounts * While annuitization is not required to receive income under these benefits, there is a maximum date by which annuity payments must begin under the terms of the annuity.

Optional Death Benefits
Optional Module #8 Optional Death Benefits Slides [95-98] Please hide this slide when presenting. If you are presenting the Advanced Series product line, all of the slides in this module should be used. If you are presenting the Prudential Premier product line, please be aware that some of the slides are optional... [Slides 97] is for use in all states, but New York [Slide 98] is only to be used when presenting in New York Once you have made your selections, please hide the slides you are not using and present all other slides in this module.

Do death benefits have value?
1990s: Diminishing value to death benefits in variable annuities In 2004: 39% had death benefits payable that exceeded the value of the account balance Average death benefit was $79,195 while the average account balance was $62,950 As of 12/31/2004: 30% of all deferred VA contracts had hypothetical death benefits that were “in the money” Now that we have examined the different living benefits available to your clients, let’s turn our attention to the optional death benefits we offer. I would like to start with a little history on the value that optional death benefits can provide to a client. In the early 90s, there was a diminishing value to death benefits in variable annuities. Why? The 1990s bull market created annuity account values that were, in many cases, higher than the annuity’s death benefit. But many who bought variable annuities five years ago have death benefits that are actually “in the money,” due to current market conditions. LIMRA conducted a (MarketScan) survey regarding deferred variable annuity (VA) death benefits for contracts that terminated due to death and for in-force business in Nineteen VA companies responded. Speaker notes: (Read Slide and add the following bullet): Hypothetical death benefits exceeded account balances by $19.3 billion, 6.6% above the value of the account balances as of Now let’s turn our attention to the optional death benefits we offer… Source: LIMRA ( MarketScan) Survey, 2004

Optional Death Benefits
Combination 5% Roll-up and HAV Highest Anniversary Value (HAV) (Read Slide) Let’s begin our optional death benefits discussion by focusing on a death benefit constructed like many of our cutting edge living benefits, the Combination 5% and HAV death benefit.

Combination 5% Roll-up and HAV Death Benefit
Guarantees a death benefit based on a minimum 5% annual compounded rate of return May provide clients with a death benefit with both down market protection and up-market opportunity Annual cost of 0.80%, assessed daily against the variable account value* The Combination 5% Roll-up and Highest Anniversary Value (HAV) Death Benefit can help clients guarantee that their beneficiaries will receive a death benefit based on a minimum 5% annual compounded rate of return. May provide clients with a death benefit with both down market protection and up-market opportunity. Specs - Annual cost of 0.80%, assessed daily against the variable account value Maximum issue age – 79 May be elected at issue only and cannot be cancelled Certain investment options not available * This fee is in addition to fees and charges associated with the basic annuity. See the prospectus for more details.

Highest Anniversary Value (HAV) Death Benefit
Guarantees the highest account value on any contract anniversary May provide upside market opportunity at a lower cost than the other optional death benefit choices Annual cost 0.40%, assessed daily against the variable account value This slide is optional if presenting the Prudential Premier product line, because HAV is only available in New York. HAV guarantees that beneficiaries will receive the highest account value on any contract anniversary. The HAV death benefit may provide up-market opportunity at a lower cost than the other optional death benefit choices. Specs- Annual cost of 0.40%, assessed daily against the variable account value Maximum issue age – 79 May be elected at issue only and can be cancelled at any time. If cancelled, HAV cannot be re-elected Withdrawals reduce the HAV death benefit proportionally Certain investment options not available * This fee is in addition to fees and charges associated with the basic annuity. See the prospectus for more details.

Wealth Transfer Strategies
Optional Module #9 Wealth Transfer Strategies Slides [ ] Please hide this slide when presenting. Use this module in conjunction with Module 8 (Optional Death Benefits) or as a stand alone module. If presenting, please use all of the slides in this module.

Additional Opportunity… Now Accepting Inherited Business!
Available with Non-Qualified, IRA and Roth IRA business Help manage tax liabilities from death benefit proceeds Access to world-class portfolio managers Regular compensation paid Base death benefit, auto rebalancing, dollar cost averaging and more Maximum issue age: 70 Not available with bonus annuity products Effective February 23rd, 2009, Prudential Annuities will begin accepting Inherited Beneficiary (Stretch) business. It will be available with non-qualified, IRA and Roth IRA assets. This new feature can help your clients manage their tax liabilities from death benefit proceeds. Inherited Beneficiary can be used with all annuity products except Bonus products. (Read Bullets)

Common Planning Problems / Concerns
Annuity Owners Postpone estate planning until it’s too late / serious illness happens Avoid establishing trusts as being too costly Beneficiaries Often choose lump-sum payout / tax burden May not be aware of available options Not always fiscally responsible / have special needs The primary focus of investors saving for retirement is to ensure their accumulations are sufficient to support their retirement. And variable annuities oftentimes play a role in how investors work towards their specific goals, including using optional living benefits to provide a measure of protection against the unknown. Variable annuities also provide guaranteed death benefits to pass along savings investors spent decades accumulating, but perhaps never used. By planning ahead for how the assets should distributed upon their death may mean a significant difference in what ultimately gets passed on to the beneficiaries. Should the unexpected happen before the annuity is annuitized, or if the annuity owner has other savings earmarked for their income needs and want to pass on as much as possible, it is very important they have the right plans in place. Now, there are variety of reasons why perhaps death benefit planning is often tabled for a discussion at a later date – which could pose a rather large problem for beneficiaries and their estate should something unexpected happen. Let’s take a look at some of the common planning issues facing annuity investors AND beneficiaries today. Postponing estate planning until it’s too late Trusts are viewed as being costly OR even worse they unnecessarily spend to much. Equally, beneficiaries can also be responsible for inadequate planning or lacking responsibility relating to the sum of money to come into their possession: (Read through bullets under “Beneficiaries”) There are ways to potentially solve through problems faced by both through an available feature on our annuities called the Beneficiary Continuation Option.

Wealth Transfer Strategy
Beneficiary Continuation Option “Stretch Benefit” Provides: Lifetime income for beneficiaries Ability to continue tax deferral/growth potential Potential for generations of income Systematic distribution strategy with “no surprises” The Beneficiary Continuation Option, also know as the “Stretch” or “Stretch IRA” when used with rollovers, allows the beneficiary to take distributions over his or her own life expectancy. Not only does the stretch help reduce the income taxes due upfront, but also allows the funds to remain invested for continued growth potential. The named beneficiaries, who are usually younger than the original owner, may be able to take distributions based on their own life expectancies. Should the account value continue to grow, the distributions could be continued for generations. Furthermore, the BCO can be elected in advance by the annuity owners as an element of control to their annuity and act as a means to distribute the assets AS THEY INTENDED for their beneficiaries upon their death. By allowing the annuity owner in advance to designate the BCO as a payout option to their beneficiaries- it potentially helps avoid some of the known pitfalls which commonly happens when assets get handled at the estate level. It is important that your clients inform beneficiaries of any planning strategies they have implemented to ensure their intentions are clear. Now, lets look at an example showcasing how the “stretch” option can work.

Spanning Generations – Stretch IRA
June (daughter) Keri (spouse) Kurt (grandson) John (husband) $250,000 IRA Begins RMD’s at 70 ½ Upon John’s death, Keri rolls into her IRA Begins RMDs (age 75) Based on life expectancy Daughter, June, keeps IRA invested With Beneficiary Continuation Option Receives annual payments based on her life expectancy Upon June’s death, Kurt continues receiving June’s distributions Distributions received $117,504 $158,610 $360,131 $441,963 Total $1,078,218 (after taxes) $84,603 $114,206 $241,288 $296,116 $736,212 Through careful planning, John and his wife Keri were able to use John’s $250,000 IRA to provide distributions for several decades – spanning three generations and totaling more than $730,000. The Beneficiary Continuation Option helped to preserve the legacy for their daughter and grandson by keeping the assets invested for potential growth while spreading out the tax liability over time. Here, we are assuming a 6% return on the invested assets while the distributions are occurring annually. (Click to run through animations and table) Over the first 10 years John receives his Required Minimum Distributions , upon his death in year 10 Keri continues her Required Minimum Distributions for another 10 years, before passing. Nearly $200,000 in distributions occur between John and Keri as a result of Required Minimum Distributions ($84,603 and $114,206 after taxes respectively). Because the account value remains invested, it is nearly $300,000 upon Keri’s death in year 21 when June begins receiving BCO distributions. Then approximately after 20 years and $241,288 in after tax-distributions, June passes away leaving the remaining account value paid to her son (John’s grandson) over June’s remaining life expectancy. Kurt receives close to $300,000 after taxes over a 10-year period. Again, what this chart illustrates is the potential benefits available to the beneficiaries by keeping the account value invested and stretching out the distributions over time. Hypothetical chart is based on a 51- year period and current tax laws. There is no guarantee a 6% annual return can be achieved. The value of the underlying investments will fluctuate and may be worth more or less than their original value. When clients purchase a variable annuity for any tax-qualified retirement plan, they do not receive any additional tax-deferred treatment beyond what is provided in your current plan. Keep in mind that you do not have to purchase an annuity in order to take advantage of "stretching" a qualified investment. "Stretching" is based upon current tax law. If these laws change in the future, a client's ability to maintain estimated distributions may be affected. Tax deferral is provided by an Individual Retirement Account and other qualified retirement plans. A variable annuity contract should be used to fund a qualified retirement plan to benefit from the annuity’s features other than tax deferral, including lifetime income payout option, the death benefit protection, and the ability to transfer among investment options without sales or withdrawal charges. 0% Return Scenario (assuming withdrawals) 6% Return Scenario (assuming withdrawals). This chart is for illustrative purposes only and is not indicative of the performance of any investment or annuity product. If this was an actual annuity, various costs would be factored into the gross return including annual insurance and administrative charges of the annuity, annual contract charges, investment management fees of the variable subaccounts, and any other applicable fees, which would lower the overall performance. Withdrawals are subject to ordinary income tax and, if taken prior to age 59½, may be subject to a 10% federal income tax penalty. This chart assumes: (i)The owner of the IRA will take the smallest amount of money from the IRA that the law allows and at the latest opportunity. (ii) Tax laws will not change during the life of the IRA. (iii) Illustrations do not take into account, the effects of inflation which will erode the purchasing power of investment. (iv) The rate of return on the underlying investment in the IRA will be constant over the term of the IRA when in fact, account values are subject to market risks that cannot be predicted.

Electing “Stretch” Payout Option
Annuity owners – can elect any time Select as Predetermined Payout Option for beneficiaries Beneficiaries – upon death of owner Submit Certificate of Death Complete Beneficiary Continuation Option Forms Election/Allocation Instruction Form Now lets run through some of the specifics for annuity owners and beneficiaries for electing the Beneficiary Continuation Option. The Annuity Owners can select the BCO as a death benefit distribution option at any time. In this case, the early selection of the payout option by the owner is considered a “Predetermined Payout Option” by the annuity owner, and can be elected on the “Beneficiary & Predetermined Payout Option” form. We’ll talk more about Predetermined Payout Options in the next section, as well as reasons why owners may want to pick it ahead of time. They should know that once selected by the annuity owner, it cannot be changed by the beneficiary. For Beneficiaries who have the ability to choose how to receive the payments, the first step will be to submit the certificate of death. Then the Beneficiary Continuation Option will can be elected using the BCO form along with allocation instructions since the assets will remain invested. Allowable beneficiaries – Multiple beneficiaries allowed Spouse Children Friends Charities and Estates Grandchildren Nieces / Nephews Trusts

Availability Non-qualified variable annuities
Rollovers funded by a variable annuity Traditional IRAs 403(b)s SEP IRAs Roth IRAs Distribution rules vary for qualified and non-qualified distributions, please consult a tax expert regarding your clients’ specific situation. Conversions to a Roth IRA are generally fully taxable. Before you convert to a Roth IRA, consider how your tax bracket will affect the overall benefit of the rollover. Conversion income may push you into a higher tax bracket. It is, however, possible to convert only part of your traditional IRA. This could enable you to remain in the same tax bracket you would be in without the conversion. It is generally advisable to pay the taxes on the conversion with funds other than those in your traditional IRA. If you are under age 59½ when you do a conversion, any funds not deposited in the Roth IRA will be subject to the 10% federal income tax penalty (unless an exception applies). The Beneficiary Continuation Option is available on both non-qualified variable annuities from ( Prudential Annuities) and rollovers from IRA’s, including: Traditional IRAs 403(b)s SEP IRAs Roth IRAs The distribution rules vary for qualified vs non-qualified distributions, so be sure to speak with a tax expert regarding your clients’ own situation.

Predetermined Payout Elections “Restricted Beneficiary Options”
Common Planning Problems/Concerns: Annuity Owners Ensuring “fair” handling of assets Guiding family members through difficult period Matching payout options with beneficiary’s needs Beneficiaries Lack financial knowledge Not always fiscally responsible Often have special needs In the past, variable annuity owners had little control over how their beneficiaries received death benefit assets. The only way to exert control was to name a trust as beneficiary at added expense and hassle. Now there is a way for you to specify how the proceeds from your client’s annuity’s death benefit are distributed – with as much or as little flexibility as he or she prefers. In some cases, your clients may want to restrict the method by which a death benefit is paid to heirs. This could be for a number of reasons, including: To help ensure the assets are distributed as the annuity owner would have wanted. Guide family members through the difficult period – where the payout available options can be overwhelming Match the payout options with the beneficiary’s needs – which can be for thrift protection. Beneficiaries, while the primary driver for selecting the Predetermined Payout Option, may have other needs that would warrant the selection, such as: Lacking financial knowledge. In spousal situations, it is common for one person to assume control of the financials. Upon death, the remaining spouse could be left with many questions and decisions they aren’t prepared for. Not being fiscally responsible (ie- likes to spend money), which can definitely be a reason of concern for the annuity owner when it comes to preserving their legacy, and The beneficiary may have special needs

Help Transfer Your Clients’ Assets And Their Values
Allow annuity owners to retain control Specify death benefit payout in advance Structure distributions to meet particular needs Standard options Beneficiary Continuation Option Life only Period certain (5, 10, 15, 20 years) Life annuity with period certain Flexible options (Predetermined Payouts) Additional withdrawals Lump-sum distribution Beneficiary’s choice Regardless of the reason, the use of the beneficiary restriction via the Predetermined Payout Option can be a helpful tool in resolving your client’s unique concerns. The bottom line is the annuity owner ultimately retains control by selecting in advance the available death benefit payout options. Depending on the situation, the owner may want to provide flexibility by allowing the beneficiary to receive a percentage of the death benefit as a lump-sum, with the rest spread over their life expectancy or other available payout option. Regardless – the owner is not limited to the standard options, but may customize to suit the particular, or perhaps changing needs of the beneficiaries.

Electing Predetermined Payout Options
Beneficiary and Predetermined Payout Election Form Designate, add or change beneficiary(ies) Select appropriate death benefit payout option Sign and return With one form, The Beneficiary and Predetermined Payout Election Form, annuity owners can: Designate, add or change beneficiaries Choose the appropriate payout option for the beneficiary(ies) Then simply sign and return to the address provided on the form.

Invest with GuaranteesSM
Optional Module #10 Invest with GuaranteesSM Slides [ ] Please hide this slide when presenting. At this point, you need to decide whether you will present all, part or none of the Investment Options section of this presentation. This section is composed of three modules: I. Invest with Guarantees (Module #10) II. Our Investment Platform (Module #11) III. Asset Allocation Options Performance (Module #12) All of the modules work together to deliver a cohesive message, however, Module 10 is the core investment message. So, in order to use any of the optional slides in Modules 11 or 12, you must use Module 10. As you present these modules, you may want to reference the appropriate Product & Services Guide. Many of the exhibits in these modules are depicted there as well.

Alternative & Traditional Investments Maximizing The Guarantees
Our Investments Can Help Your Clients’ Guarantees Our Investment Platform Leverages Three Core Principals: Flexibility Flexibility Alternative & Traditional Investments Maximizing The Guarantees Our investment platform leverages three core principles: # 1: Proving Flexibility # 2: Adding Alternatives To Traditional Investments # 3: Maximizing the guarantees Guarantees including optional benefits are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. “Guarantees” refer to elements of optional benefits, available at an additional cost. Please see the prospectus for more details.

Flexibility Help Smooth Volatility & Pursue Upside in All Market Cycles: Turnkey Asset Allocation Options Individual Investment Options Core principle number one is: Flexibility This refers to the flexibility that is derived from our broad spectrum of investment options. These options allow for customized client solutions that can help smooth volatility and pursue upside in all market cycles. You can assist your clients in selecting from a wide array of turnkey asset allocation portfolios.

Flexibility Four Diverse Investment Strategies TRADITIONAL
QUANTITATIVE ALTERNATIVE TACTICAL Offers an active management style based on longer-term views of capital markets. Offers a disciplined, quantitative approach to portfolio management. Offers concepts used by some top university endowment fund managers. Offers an active management style based on shorter-term views of capital markets. Multi–Manager & Single Manager Stocks & Bonds Domestic & International Defined Mathematical Models Market Index-Based Removes Human Emotion From Process Traditional & Non-Traditional Asset Classes Absolute Return Focus Long & Short Positions Active Asset Allocation Management Multi-Manager Traditional Asset classes & ETFs Our 18 turnkey asset allocation options fall across four diverse investment strategies. These strategic categories are Traditional, Quantitative, Alternative and Tactical. Each strategy incorporates distinctive investment tactics and the utilization of different types of investments. The lists of portfolios within each strategy combine to deliver a comprehensive offering that you can leverage to create an asset allocation solution that is suitable for helping each of your clients achieve their personal financial goals. Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Flexibility 18 Turnkey Asset Allocation Portfolios
Beyond differences in strategy, each portfolio has been constructed with its own set of potential investment risk and return characteristics. This presents a wide range of options for you and your clients to consider. The illustration is hypothetical and is based on how we might expect these portfolios to perform over time, based on their risk and return characteristics as measured by standard deviation. Please note that past performance Is not indicative of future results.

Our Investment Platform Leverages Three Core Principals: Flexibility Alternative & Traditional Investments Alternative & Traditional Investments Maximizing The Guarantees Core principle number two is: Adding Alternatives to Traditional Investments” Applying the same concept used by some top university endowment portfolio managers, we provide you with a way to offer your clients access to both traditional and lower-correlating alternative investments. It’s an important differentiating feature for us because this exposure to alternative asset classes and investment tactics can complement the performance of investing in traditional asset classes and help reduce volatility. Each of our 18 options has been constructed with the goal of being highly efficient. However, depending on a client's time horizon, investment goals and risk tolerance levels, blending options to create a customized portfolio may be a suitable and appealing solution. Alternative investments are speculative and contain risks, including loss of principal. Your clients should carefully read the prospectus before investing. Guarantees including optional benefits are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. “Guarantees” refer to elements of optional benefits, available at an additional cost. Please see the prospectus for more details.

Leading Endowment Funds Outperform the Markets
Endowment Portfolio (Greater than $1 Bil.) Endowment Portfolio ($25 Mil. To $100 Mil.) Average Investment Pool Compounded Nominal Rates of Return Performance as of June 30, 2008 1 Year 3 Years 5 Years 10 Years Endowment Portfolio (Greater than $1 Bil.) 0.6 12.0 13.3 9.5 Endowment Portfolio (>25 Mil. to $100 Mil.) -4.3 6.6 8.4 5.1 S&P 500 -13.1 4.4 7.6 2.9 Russell 3000 -12.7 4.7 3.5 MSCI World ex. US (US$) -6.6 15.7 18.9 7.3 LB Aggregate 7.1 4.1 3.9 5.6 CPI-U 5.0 4.2 3.8 3.4 Why would you follow leading Endowment Funds? Here’s why….the NACUBO Endowment Study done in June 2008 shows that Endowment Portfolios, specifically the bigger Endowment Portfolios, significantly outperform traditional indexes and even smaller Endowment Portfolios. (Explain Slide) Source: 2008 NACUBO Endowment Study- June 2008 Rates of return are reported net of management fees and expenses. Past performance is not a guarantee of future results. CPI-U data is seasonally adjusted.

Our Investment Platform Leverages Three Core Principals: Flexibility Alternative & Traditional Investments Maximizing The Guarantees Maximizing The Guarantees Core principle number three is: Maximizing the Guarantees Guarantees including optional benefits are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. “Guarantees” refer to elements of optional benefits, available at an additional cost. Please see the prospectus for more details.

HD Lifetime Five Number of Step-ups: January 3, 2007 – March 31, 2009
Why Every Day Counts HD Lifetime Five Number of Step-ups: January 3, 2007 – March 31, 2009 40 30 20 10 AST First Trust Capital Appreciation Trust Balanced AST Capital Growth AST TRP Asset Allocation Balanced† Advanced Strategies Preservation 36 31 28 26 19 I think we’d agree that the last two years have been quite challenging for investors. The volatility investors experienced from October 2007 through end of December 2008 alone had not been seen since the stock market collapse of After a 2007 return of 5.49%, the S&P 500 finished 2008 down over 30%. So, how has the HD strategy performed? Longer-term results of the HD Lifetime Five product, which preceded HD Lifetime Seven in the market, may aid client understanding. An investor who purchased an annuity with HD Lifetime Five on January 3, 2007, and invested in one of the seven asset allocation portfolios that were available at the time, would have experienced between 36 and 19 lock-ins of their account value, depending on the asset allocation portfolio selected. In order to help understand how many step-up opportunities HD & Spousal HD Lifetime Seven would have created, we need to look at the number of step-ups HD Lifetime Five has captured since the beginning of Keep in mind that the formulas used with both benefits are identical. However, because HD7 uses a bond fund for its transfer program, rather than the Benefit Fixed Rate Account, asset transfers under HD7 may not always coincide with asset transfers under HD5 under a given set of market conditions. In addition, past performance does not guarantee future results. † O n July 21, 2008, the AST Conservative Portfolio became the AST Balanced Portfolio. Asset allocation does not ensure a profit or protect against loss. The percentages above reflect the historical performance for a variable annuity with HD Lifetime Five, as HD Lifetime Seven was not available during the entire period depicted. Figures above represent the number of step-ups and rates of return provided by the asset allocation portfolios based on the following assumptions: i) time period is 1/3/07-3/31/09; ii) a $500k variable annuity was purchased on 1/3/07 with M&E of 1.65% and HD Lifetime Five was elected with a charge of 0.60%; iii) the contract was fully allocated to indicated portfolio; iv) Benefit Fixed Rate Account return of 2.5%; v) cumulative % gain in lifetime income base determined by applying the 5% compounded return until 3/31/09 to the annuity’s value as of last step-up; vi) no withdrawals were taken. Past performance is not an indication of future results. Performance of the Protected Withdrawal Value is net of fees and expenses.

What it Means to Your Clients
HD Lifetime Five Growth in Protected Withdrawal Value from 1/3/2007 – 3/31/2009 Portfolio % Gain Income Base AST First Trust Capital Appreciation 25.5% AST Capital Growth 19.7% AST First Trust Balanced 19.8% AST Advanced Strategies 18.5% AST Balanced† 17.2% AST T. Rowe Price Asset Allocation 15.6% AST Preservation 14.9% Better yet, we not only locked-in the client’s highest day, we also grew that day at a 5% compounded rate of return. This resulted in a gain of the client’s income base over the sixteen month period of between 15% and 25%. † On July 21, 2008, the AST Conservative Portfolio became the AST Balanced Portfolio. Asset allocation does not ensure a profit or protect against loss. The percentages above reflect the historical performance for a variable annuity with HD Lifetime Five, as HD Lifetime Seven was not available during the entire period depicted. Figures above represent the number of step-ups and rates of return provided by the asset allocation portfolios based on the following assumptions: i) time period is 1/3/07-3/31/09; ii) a $500k variable annuity was purchased on 1/3/07 with M&E of 1.65% and HD Lifetime Five was elected with a charge of 0.60%; iii) the contract was fully allocated to indicated portfolio; iv) Benefit Fixed Rate Account return of 2.5%; v) cumulative % gain in lifetime income base determined by applying the 5% compounded return until 3/31/09 to the annuity’s value as of last step-up; vi) no withdrawals were taken. Past performance is not an indication of future results. Performance of the Protected Withdrawal Value is net of fees and expenses.

Optional Module #11 Our Investment Platform Slides [ ] Please hide this slide when presenting. Please Note: In order to use any of the optional slides in Modules 11 or 12, you must use Module 10. All of the slides in this module are optional. You may use as many or as few as you like. However, some slides must be used in conjunction with others: [Slides ] are optional and are for our Advanced Series product line. [Slides ] are optional and are for our Prudential product line. Please choose one set to use and hide the other. As you present these modules, you may want to reference the appropriate Product & Services Guide. Many of the exhibits in these modules are depicted there as well.

Investment Options The Right Asset Allocation Strategy for Each Investor Turnkey Asset Allocation Options Turnkey Asset Allocation Options Individual Investment Options You can build an asset allocation strategy appropriate for each of your variable annuity clients utilizing two different methodologies: Turnkey Asset Allocation Options – ready-made portfolios utilizing a variety of different investment approaches. Individual Investment Options – a selection of different subaccounts from which you and your clients can formulate an investment strategy Let’s now turn our attention to the results of our process, starting with the different types of Asset Allocation Portfolios we offer…

Our Asset Allocation Portfolios Questionnaire
Investment Options Narrowing Down The Choices Our Asset Allocation Portfolios Questionnaire With such a wide selection of asset allocation options to choose from, a logical first step with many of your variable annuity clients is to address some basic questions: How long until they need the money? How comfortable are they with risk? How much money do they ultimately need? By helping your clients complete the streamlined Asset Allocation Portfolio Questionnaire [on page 16 of the Investor Guide], you’ll quickly learn what options are most suitable for helping your clients achieve their financial goals.

Flexibility 18 Turnkey Asset Allocations Options Across Four Diverse Investment Strategies TRADITIONAL QUANTITATIVE ALTERNATIVE TACTICAL Offers an active management style based on longer-term views of capital markets. Offers a disciplined, quantitative approach to portfolio management. Offers concepts used by some top university endowment fund managers. Offers an active management style based on shorter-term views of capital markets. Multi–Manager & Single Manager Stocks & Bonds Domestic & International Four diverse investment strategies that separate 18 different portfolios,—all (except 1) of which can be used with guarantees available through optional benefits. Traditional Portfolios Quantitative Portfolios Alternative Portfolios Tactical Portfolios Defined Mathematical Models Market Index-Based Removes Human Emotion From Process Traditional & Non-Traditional Asset Classes Absolute Return Focus Long & Short Positions Active Asset Allocation Management Multi-Manager Traditional Asset classes & ETFs Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Traditional Asset Allocation
AST Aggressive Asset Allocation Portfolio* AST Capital Growth Asset Allocation Portfolio Franklin Templeton VIP Founding Funds Allocation Fund AST Balanced Asset Allocation Portfolio AST T. Rowe Price Asset Allocation Portfolio AST Preservation Asset Allocation Portfolio More Aggressive More Conservative TRADITIONAL Traditional asset allocation offers an active management style based on longer-term views of capital markets Multi–Manager & Single Manager Stocks & Bonds Domestic & International Let’s review each of the asset allocation strategies we offer, beginning with Traditional Asset Allocation Portfolios. They invest in traditional asset classes such as US & International stocks and US bonds, large-, mid- and small-cap, growth and value. We have six traditional actively managed portfolios. Four are multi-manger portfolios that invest in underlying AST portfolios in a fund-of-funds approach. Two are single-manager portfolios. * Please note that you may not select the AST Aggressive Asset Allocation Portfolio with certain optional benefits. Please see the annuity prospectus for additional details. Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Multi–Manager Traditional Strategies Dynamic Asset Allocation Portfolios
Four portfolios designed for specific risk tolerances “Fund of funds” approach Simplicity and convenience Increased diversification Multiple subaccounts from proven portfolio managers The four multi-manager traditional options are known as the Dynamic Asset Allocation Portfolios. These portfolios utilize a fund-of-funds structure, and invest directly in the multiple AST subaccounts we offer individually. The Dynamic Asset Allocation Portfolios offer: Simplicity and Convenience – A simplified, yet robust investment program. Compared to other asset allocation programs, this concept is both easier for you to explain and for your clients to understand. Increased Diversification – Invests directly in AST subaccounts, of some of the most respected portfolio managers in the business today. Also, more than one subaccount can be used per asset class, leveraging each individual sub-advisor’s expertise. These opportunities may enhance the ability of the investor to manage risk by providing access to a greater number of investment options, as well as the varying investment styles and strategies of the portfolio managers. Keep in mind that diversification does not guarantee a profit or protect against a loss.

Management Enhancements
Update on DAAPs Management Enhancements AST Aggressive AST Capital Growth Increased efficiencies in manager selection process More robust asset allocation model Additional resources working for you and your clients AST Balanced AST Preservation I’d like to bring you up to date on the Dynamic Asset Allocation Portfolios. Within the four dynamic asset allocation portfolios, Prudential has made a strategic decision to enhance manager selection and asset allocation processes and resources. The business rationale for these enhancements include: Increased efficiency in the manager selection process More sophisticated and robust asset allocation evaluation model AND, additional resources (access to whitepapers, PHDs, research), working for you and your clients Let’s take a closer look at the DAAP management.

DAAP Management… Strength and Alignment
Asset Allocation Manager Selection QMA PI More robust asset allocation model Over 30 years of asset allocation management experience Access to white papers, PhD's, asset class research Rigorous manager evaluation due diligence Over 30 years of fund research & analysis experience Advise on over $100 billion in AUM So who is involved with the portfolio management of the DAAPs? Quantitative Management Associates (QMA) is responsible for the asset allocation positioning of the portfolios. QMA is an established mid-size equity manager and a wholly owned subsidiary of Prudential Investment Management, Inc (PIM). In July 2008, team members (Ed Campbell and Marcus Perl) that were involved with managing these portfolios within the Strategic Investment Research Group (SIRG) of Prudential Investments (PI), transferred to QMA. This move maintained the consistency of the portfolio management and provided enhanced asset evaluation tools used by the QMA team. Let’s get more details on the advantages of gaining access to the QMA Asset Allocation team.

Quantitative Management Associates (QMA)
Time Tested Process Highly disciplined portfolio construction process Depth and Breadth Over $59 billion AUM* Strong base of 187 institutional clients Domestic and international corporate clients, Public pension plans, Mutual funds, Endowments, Multi-employer pension plans Strength and Experience Managing asset allocation portfolios since 1975 146 employees, 27 investment professionals, 7 PhD’s *As of 12/31/2008 Prudential Investment Management AUM $204 billion QMA has a suite of risk controlled strategies that are managed against a wide variety of client benchmarks for: Domestic and international corporate clients Public pension plans Mutual funds Endowments Multi-employer pension plans A strong base of 187 institutional clients including: CALPERS, New York State Common Fund, SEI, four of the top five largest defined benefit plans. These capabilities compliment the expertise and experience of Prudential Investments (PI) manager research team. .

Prudential Investments (PI)
Time Tested Process Rigorous and proven process for selecting and monitoring managers 30+ years of refinement Depth and Breadth 250 investment manager interviews annually Over $100 billion AUM/Advisement as of 8/31/2008 Strength and Experience 14 analysts averaging 15+ years each CFAs, MBAs and CIMAs PI’s rigorous research and a proven evaluation model for selecting and monitoring each investment firm responsible for managing variable annuity investment options Expertise in manager selection is significant Over 30 years of experience conducting research and analysis on managers for institutions and endowments The depth and breadth of PI Conducts more than 250 investment manager interviews annually Over $100 billion AUM/Advisement as of 8/31/2008 Strength and experience are apparent in the staff at PI More than 14 analysts with an average of more than 15 years of investment experience. Team member investment credentials include CFA (Chartered Financial Analysts), MBA’s and CIMA (Chartered Institute of Management Accountants). Let’s also be clear on the consulting support Morningstar has provided PI.

2.35% Small-Cap Value 1.85% Specialty 9.01% International Growth 8.94% International Value 0.96% Int’l Emerging Mkts 0.64% Cash 35.62% Large-Cap Growth 36.11% Large-Cap Value 1.14% Mid-Cap Growth 1.07% Mid-Cap Value 2.31% Small-Cap Growth AST Aggressive 99.36% Equities 0.64% Fixed Income 1.53% Specialty 6.69% International Growth 6.61% International Value 0.82% Int’l Emerging Mkts 23.73% Core Bonds 0.30% High Yield Bonds 0.69% Cash 27.14% Large-Cap Growth 27.39% Large-Cap Value 0.83% Mid-Cap Growth 0.75% Mid-Cap Value 1.73% Small-Cap Growth 1.79% Small-Cap Value AST Capital Growth 75.28% Equities 24.72% Fixed Income The Dynamic Asset Allocation Portfolios cover the full spectrum of risk tolerance, ranging from aggressive to capital preservation. The portfolios cover a wide range of asset classes, from large-cap growth to bonds. Each asset allocation portfolio seeks to obtain the highest potential total return consistent with the specified level of risk. Allocations are as of 12/31/2008

5.37% International Growth 5.40% International Value 0.64% Int’l Emerging Mkts 37.83% Core Bonds 0.53% High Yield Bonds 0.56% Global Bonds 0.69% Cash 21.67% Large-Cap Growth 21.93% Large-Cap Value 0.66% Mid-Cap Growth 0.66% Mid-Cap Value 1.39% Small-Cap Growth 1.45% Small-Cap Value 1.22% Specialty AST Balanced 60.39% Equities 39.61% Fixed Income 3.14% International Growth 3.14% International Value 0.36% Int’l Emerging Mkts 61.75% Core Bonds 0.84% High Yield Bonds 0.86% Global Bonds 1.05% Cash 12.77% Large-Cap Growth 12.92% Large-Cap Value 0.37% Mid-Cap Growth 0.41% Mid-Cap Value 0.85% Small-Cap Growth 0.85% Small-Cap Value 0.69% Specialty AST Preservation 35.5% Equities 64.5% Fixed Income The four Dynamic Asset Allocation Portfolios provide a broad array of turnkey options tailored to your clients’ specific risk tolerance and time horizon. Allocations are as of 12/31/2008

Single Manager Traditional Strategies Franklin Templeton VIP Founding Funds Allocation Fund
Core diversification that seeks to capitalize on longer-term growth opportunities from one of the largest retail and institutional investment managers in the world Combines three portfolios – each run independently – to create a turnkey option offering diversification across multiple asset classes and the potential for attractive, long-term results Franklin Templeton VIP Founding Funds 69.81% Equities 30.19% Fixed Income 33.33% Franklin Income Securities Fund 33.33% Templeton Growth Securities Fund 33.33% Mutual Shares Securities Fund The Franklin Templeton VIP Founding Funds Allocation Fund was added to the Prudential Annuities Asset Allocation line May 1, 2008. The composition of the Franklin Templeton VIP Founding Funds Allocation Fund reflects targeted allocations as of 12/31/2008.

Single Manager Traditional Strategies AST T
Single Manager Traditional Strategies AST T. Rowe Price Asset Allocation Portfolio Invests primarily in a diversified portfolio of equity and fixed-income securities Experienced Portfolio Management Portfolio Manager has over 25 years of investment experience Has been managing this strategy since its inception 48.53% Large-Cap Equities 3.41% U.S. Small-Cap Equities 12.88% International Equities 25.27% Investment Grade Fixed Income 2.46% High Yield Fixed Income 7.45% Cash AST T. Rowe Price Asset Allocation 64.82% Equities 35.18% Fixed Income The AST T. Rowe Price Asset Allocation Portfolio invests primarily in a diversified portfolio of equity and fixed-income securities. The AST T.Rowe Price Asset Allocation Portfolio has over 12 years of history, dating back to 1994, and is one of the oldest portfolios in the AST line-up. Allocations are as of 12/31/2008

Quantitative Asset Allocation
AST First Trust Capital Appreciation Target Portfolio AST First Trust Focus Four Plus Portfolio AST First Trust Balanced Target Portfolio More Aggressive More Conservative QUANTITATIVE Quantitative asset allocation offers a disciplined, quantitative approach to portfolio management. Defined Mathematical Models Market Index-Based Removes Human Emotion From Process Now let’s turn our attention to the Quantitative Asset Allocation Portfolios we offer (click to reveal)… [Read the listing of three portfolios] Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Quantitative Asset Allocation
Uses clearly defined proprietary models Removes human emotion from the process First Trust Advisors L.P., recognized for its quantitative management expertise, plays a management role in all three portfolios Western Asset Management manages the fixed income component in the AST First Trust Focus Four Plus Portfolio [Read Slide] Our Quantitative Asset Allocation Strategy incorporates the independent research of Value Line plus the broader market indices of Dow Jones, The New York Stock Exchange, NASDAQ and Standard & Poor’s The quantitative approach identifies underlying factors that have outperformed the markets over long periods of time First Trust is a recognized leader in the UIT marketplace Their tested process uses mathematical calculations and models to select stocks…no emotional decision making from a portfolio manager or analyst is involved Allocations are extremely focused, utilizing anywhere from 10 to 40 securities per allocation. And because models are updated annually, there is no chance an allocation will deviate from its investment strategy.

Quantitative Strategies AST First Trust Asset Allocation Portfolios
19.38% Dow Jones Target Income 10.05% NYSE International Target 25 17.16% Global Dividend Target 15 18.72% Value Line Target 25 15.47% Target Small Cap 17.59% NASDAQ Target 15 1.63% Cash AST First Trust Capital Appreciation 78.99% Equities 21.01% Fixed Income 33.32% Dow Jones Target Income 10.22% NYSE International Target 25 13.10% Global Dividend Target 15 14.32% Value Line Target 25 21.91% Dow Target Dividend 5.26% Target Small Cap 1.87% Cash AST First Trust Balanced 64.81% Equities 35.19% Fixed Income Here are how the portfolios break down…(discuss allocations) Unique Quantitative Strategies Dow Jones Target Income - Seeks both high current income and preservation of capital by investing in a diversified portfolio of investment-grade corporate fixed-income securities from the Dow Jones Corporate Bond Index. NYSE International Target 25 - Invests in 25 stocks of foreign companies selected from the NYSE International 100 Index that are expected to provide capital appreciation. Global Dividend Target 15 - Invests in 15 common stocks issued by companies which are components of the DJIA, the Financial Times Industrial Ordinary Share Index and the Hang Seng Index which are expected to provide total return through income and capital appreciation. Value Line Target 25 - Invests in 25 of the 100 common stocks that Value Line® gives a #1 ranking for TimelinessTM which have recently exhibited certain positive financial attributes and whose objective is growth of capital. Target Small Cap - Invests in 40 common stocks issued by companies that are profitable and growing U.S. companies with market caps between $150 million and $1.5 billion. This strategy is expected to provide capital appreciation. The Dow Target Dividend - Invests in 20 common stocks issued by companies from the Dow Jones Select Dividend Index that are expected to provide income and have the potential for capital appreciation. Allocations are as of 12/31/2008

Quantitative Strategies AST First Trust Focus Four Plus Portfolio
74.09% Equities 25.91% Fixed Income 28.70% Dow Target Dividend 7.18% NYSE International Target 25 14.40% Value Line Target 25 23.81% S&P Target SMid 60 25.00% Western Asset Core Plus Bond Here’s are how the AST Focus Four Plus Portfolio breaks down: Dow Jones Target Income - Seeks both high current income and preservation of capital by investing in a diversified portfolio of investment-grade corporate fixed-income securities from the Dow Jones Corporate Bond Index. NYSE International Target 25 - Invests in 25 stocks of foreign companies selected from the NYSE International 100 Index that are expected to provide capital appreciation. Value Line Target 25 - Invests in 25 of the 100 common stocks that Value Line® gives a #1 ranking for TimelinessTM which have recently exhibited certain positive financial attributes and whose objective is growth of capital. S&P Target SMid 60 - Invests in 30 stocks from the S&P MidCap 400 Index and 30 stocks from the S&P SmallCap 600 Index, giving the mid-cap stocks approximately twice the weight of the small-cap stocks, that are expected to have the potential provide capital appreciation. Western Asset Core Plus Bond Portfolio - Invests primarily in U.S. fixed income securities and other debt instruments of domestic and foreign entities, including corporate bonds, securities issued or guaranteed by the U.S. government, mortgaged-backed securities and money market instruments. The composition of the AST First Trust Focus Four Plus Portfolio reflects targeted allocations as of 12/31/2008.

Alternative Asset Allocation
AST Academic Strategies Asset Allocation Portfolio AST Advanced Strategies Portfolio AST Schroders Multi-Asset World Strategies Portfolio AST UBS Dynamic Alpha Portfolio More Aggressive More Conservative ALTERNATIVE Alternative asset allocation offers concepts used by some top university endowment fund managers. Traditional & Non-Traditional Asset Classes (Domestic/Global real estate, Emerging Markets Debt, TIPs, Commodities, Private Equity, Currency) Absolute Return Focus Long & Short Positions Now let’s turn our attention to our Alternative Asset Allocation Portfolios (click to reveal). Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Alternative Strategies AST Academic Strategies Asset Allocation Portfolio
Uses academic research and strategies from leading endowment fund managers Offers an innovative asset allocation: 67% traditional asset classes 32% alternative asset classes AST Academic Strategies 67.69% Equities 32.31% Fixed Income 19.08% Domestic Equity 18.75% International Equity 25.65% Traditional Fixed Income 6.66% Cash 17.25% Real Assets 7.58% Non-Traditional 5.03% Overlay As a leading innovator in the annuity space, we launched the AST Academic Strategies Asset Allocation Portfolio on July 21, 2008. It’s our Alternative Strategy option that incorporates the latest academic research and strategies used by endowment fund managers to provide exposure to traditional investments with a full range of non-traditional asset classes. 60% traditional asset classes 40% non-traditional asset classes Includes commodities, REITS, TIPS, emerging market debt, global infrastructure, market neutral, volatility income, & global tactical asset allocation. Managed by QMA & PI in consultation with Advanced Quantitative Consulting. ! The composition of the AST Academic Strategies Asset Allocation Portfolio reflects targeted allocations as of 12/31/2008.

Alternative Asset Allocation AST Advanced Strategies Portfolio
Active management of the asset class/subadvisor mix Invests in traditional asset classes and also provides exposure to REITs, TIPs and commodities in an attempt to provide a hedge against inflation 17.78% U.S. Large-Cap Growth 17.84% U.S. Large-Cap Value 8.37% International Growth 8.35% International Value 13.05% U.S. Bonds 12.68% AST Advanced Strategies 73.24% Equities 26.76% Fixed Income Hedged International Bond: Developed Markets 1.03% 2.85% Commodities 2.85% REITS 2.85% TIPS 12.35% Overlay Cash The AST Advanced Strategies Portfolio uses a combination of traditional and non-traditional investment strategies to leverage a variety of asset classes and securities. By broadly diversifying account values among these investment strategies and asset classes, your clients may have a better chance to outpace inflation and boost performance while smoothing out investment ups and downs. 70%-75% traditional asset classes 20%-25% non-traditional asset classes Includes commodities, REITS, TIPS, and international/emerging market debt. QMA manages asset allocations and relevant managers buy and sell within their asset class. Allocations are as of 12/31/2008

Alternative Strategies AST Schroders Multi–Asset World Strategies Portfolio
Provides a broad diversification platform through the utilization of equity and debt securities, domestic and international equity futures, exchange traded funds and notes, and retail funds Offers an innovative asset allocation: 55% traditional asset classes 44% alternative asset classes AST Schroders Multi-Asset World Strategies 55.16% Equities 44.84% Fixed Income 43.53% Equity Investments 28.15% Investment Grade – Fixed Income Investments 11.63% Alternative Investments 16.69% As a leading innovator in the annuity space, we launched the AST Schroders Multi-Asset World Strategies Portfolio on July 21, 2008. It’s our Alternative Strategy option that features a London-based manager with an established global perspective on world markets and provides the most international exposure of the four Alternative Strategy options. 70%-90% traditional asset classes 10%-30% non-traditional asset classes Includes commodities, REITS, TIPS, emerging market debt, hedged international bond, and private equity. Managed Schroders plc, a UK public company. Founded over 200 years ago with 60+ years of asset allocation manager experience, Schroders employees over 2,900 personnel in 28 countries with on-the-ground research to surface best ideas. Cash & Other Short Term Investments The composition of the AST Schroders Multi-Asset World Strategies Portfolio reflects targeted allocations as of 12/31/08.

Alternative Strategies AST UBS Dynamic Alpha Portfolio
Flexibility to adjust sources of risk is key to lower volatility The AST UBS Dynamic Alpha Portfolio has the ability to use the entire spectrum of securities in order to exploit opportunities where they arise Dynamic Alpha 100% Security Selection Exposure 100% Market Exposure The AST UBS Dynamic Alpha Portfolio is built to add positive performance in volatile markets via investing in pursuit of absolute return. Not managed to a securities benchmark, the portfolio has the flexibility to adjust exposure to markets, securities and currencies by taking long/short positions. Most traditional investment options stay fully invested in the markets, and, therefore, the majority of their returns are derived from market risk. This strategy may work well in rising markets, but can be painful during declining markets. At the opposite extreme, market neutral hedge investment options focus solely on security selection exposure. This strategy is most appealing to investors in declining and sideways markets, but tends to under perform in bull markets. AST UBS Dynamic Alpha Portfolio has the ability to invest across the entire risk spectrum, adjusting its exposure to security selection and market risk based on the results of UBS Global Asset Management’s bottom-up and top-down proprietary research. One of the largest global institutional asset managers, UBS Global Asset Management (Americas) Inc. is the portfolio’s single manager. Security exposure: Risk, and the potential for reward, inherent in individual security selections. Market exposure: The risk and reward potential of markets and asset classes. Market Neutral Investment Option Traditional Investment Option Index Investment Option US-F, US-R

Tactical Asset Allocation
AST Niemann Capital Growth Asset Allocation Portfolio AST Horizon Growth Asset Allocation Portfolio AST CLS Growth Asset Allocation Portfolio AST Horizon Moderate Asset Allocation Portfolio AST CLS Moderate Asset Allocation Portfolio More Aggressive More Conservative TACTICAL Tactical asset allocation offers an active management style based on shorter-term views of capital markets. Active Asset Allocation Management Multi-Manager Traditional Asset classes & Exchange-Traded Funds Now let’s turn our attention to our Tactical Asset Allocation Portfolios (click to reveal). Investing in foreign securities is subject to certain risks not associated with domestic investing, such as currency fluctuations, changes in political and economic conditions, less publicly available information and more volatile markets. Asset Allocation does not guarantee a profit or protect against a loss.

Tactical Strategies AST CLS Asset Allocation Portfolios
24.22% Mid & Large-Cap Value 24.11% Mid & Large-Cap Growth 7.07% Small-Cap Growth 14.80% International Growth 15.43% Fixed Income 4.48% Money Market 9.89% ETFs AST CLS Growth 80.09% Equities 19.91% Fixed Income 16.14% Mid & Large-Cap Value 16.11% Mid & Large-Cap Growth 6.08% Small-Cap Growth 1.94% International Value 9.88% International Growth 29.16% Fixed Income 10.76% Money Market 9.93% ETFs AST CLS Moderate 60.08% Equities 39.92% Fixed Income First up is CLS Investment Firm, LLC. CLS sub-advises two portfolios for us: AST CLS Growth Asset Allocation Portfolio and AST CLS Moderate Asset Allocation Portfolio. CLS uses a proprietary Risk Budgeting strategy that can help to manage the overall level of risk within the portfolio. Rather than viewing risk in a traditional way with stocks being more risky than bonds, CLS views risk on a continuum, allowing them the opportunity to capitalize on areas of growth while striving to maintain a consistent level of risk. As market conditions change and the risk associated with the holdings in the portfolio vary, CLS can make adjustments to the allocations to help keep the risk level constant while seeking opportunities for outperformance in the market. Allocations are as of 12/31/2008

Tactical Strategies AST Horizon Asset Allocation Portfolios
29.75% Mid & Large-Cap Value 20.03% Mid & Large-Cap Growth 2.07% Small-Cap Growth 4.40% Small-Cap Value 4.39% International Value 1.62% International Growth 22.49% Fixed Income 6.60% Money Market 8.65% ETFs AST Horizon Growth 70.91% Equities 29.09% Fixed Income 19.97% Mid & Large-Cap Value 14.92% Mid & Large-Cap Growth 1.60% Small-Cap Growth 2.83% Small-Cap Value 3.62% International Value 1.23% International Growth 36.89% Fixed Income 10.04% Money Market 8.90% ETFs AST Horizon Moderate 53.07% Equities 46.93% Fixed Income The next sub-advisor we’ll discuss is Horizon Investments, LLC – Horizon. Horizon sub-advises two portfolios for us: AST Horizon Growth Asset Allocation Portfolio and AST Horizon Moderate Asset Allocation Portfolio. Horizon uses a versatile asset allocation approach seeking opportunity among current and emerging global market leadership within a risk management framework Top down – economic, forecasting, and fundamental approach that combines: Fundamental analysis (social, political and economic events, global rates, inflation, etc.) Academic research and forecasting models from leading U.S. Universities to anticipate market movements Bottom up – quantitative modeling helps determine portfolio tilts by identifying the relative attractiveness of asset classes, sectors, and funds. Allocations are as of 12/31/2008

Tactical Strategies AST Niemann Capital Growth Asset Allocation Portfolio
32.40% Mid & Large-Cap Value 20.29% Mid & Large-Cap Growth 1.30% Small-Cap Growth 5.74% Small-Cap Value 5.97% International 10.21% Fixed Income 14.04% Money Market 10.05% ETFs AST Niemann Capital Growth 75.75% Equities 24.25% Fixed Income Let’s discuss Niemann Capital Management. Niemann sub-advises one portfolio for us: AST Niemann Capital Growth Asset Allocation Portfolio Niemann Capital Management focuses on uncovering what it considers to be the best risk/reward relationships that may allow them to take advantage of thematic opportunities in the markets when they present themselves. Niemann employs a quantitative focused investment philosophy to actively manage client portfolios. Portfolios are built from the bottom up, with a risk managed approach by ranking each individual fund against its peer group. Once funds are ranked, portfolio weights and tilts are created using 5-6 of the top ranked funds that show positive trending themes (performance). Allocations are as of 12/31/2008

The Right Asset Allocation Strategy for Each Investor Turnkey Asset Allocation Options Individual Investment Options Individual Investment Options Let’s now turn our attention to the different types of Individual Investment Options we offer…

A Full Spectrum of Investment Options
Optional Slide for use if presenting the Advanced Series variable annuity product line. This platform leverages the experience of some of the best known portfolio managers in the world today, who have been recognized for excellence in their respective asset classes. Our investment platform includes professionally managed subaccounts from the likes of Marsico, MFS, PIMCO and T. Rowe Price. And the evaluations don’t stop once an investment option is added. SIRG rigorously evaluates and monitors each of these investment options on a daily basis. Both qualitative and quantitative metrics are utilized in their evaluation process ranging, from performance to style drift, to management turnover and team departures.

Optional Slide for use if presenting the Advanced Series variable annuity product line. Individual Investment Options (continued) Read slide

Optional Slide for use if presenting the Prudential Premier variable annuity product line. (Speaker Notes: Refer everyone to the Product Guide so they can view the style box easily.) This platform leverages the experience of some of the best known portfolio managers in the world today, who have been recognized for excellence in their respective asset classes. Our investment platform includes professionally managed subaccounts from the likes of Marsico, MFS, PIMCO and T. Rowe Price. And the evaluations don’t stop once an investment option is added. SIRG rigorously evaluates and monitors each of these investment options on a daily basis. Both qualitative and quantitative metrics are utilized in their evaluation process ranging, from performance to style drift, to management turnover and team departures.

Optional Slide for use if presenting the Prudential Premier variable annuity product line. Individual Investment Options (continued) Read slide

Asset Allocation Options Monthly Performance Insight
Module # 12 Asset Allocation Options Monthly Performance Insight Slides [ ] Please hide this slide when presenting. Please Note: In order to use any of the optional slides in Modules 11 or 12, you must use Module 10. At this point, you need to decide whether you will present either the Advance Series or Prudential Premier Asset Allocation Options Performance slides module to your financial representatives. [Slides ] are the Advanced Series performance slides. If presenting, please use all of them. [Slides ] are the Prudential Premier performance slides. If presenting, please use all of them. If you decide not to show performance, please hide all of the slides in this module.

Asset Allocation Options Outperformance across our asset allocation platform
For the past 12 months, the S&P 500 Index was down 18.3% 83% (15 out of 18) of our asset allocation portfolios have outperformed the S&P 500* Year to date, ending 8/31/09: 73% (13 out of 18) of our asset allocation portfolios are in the first and second quartile Lipper peer groups ranking Optional slide for use if presenting the Advanced Series product line. Read Slide * It is important to note that performance reflects ASAP III variable annuity insurance expenses of 1.25% plus portfolio-specific investment management charges. Advanced Series variable annuities offered by Prudential Financial Companies are available at an annual cost of 0.65% to 1.65% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Traditional Portfolios: 5 out of 5 portfolios available with our HD living benefit guarantees outperformed their benchmark* Three of our traditional portfolios earned a 4-star Morningstar rating: AST Preservation Asset Allocation AST Capital Growth Asset Allocation AST T. Rowe Price Asset Allocation Optional slide for use if presenting the Advanced Series product line. Read Slide * It is important to note that performance reflects ASAP III variable annuity insurance expenses of 1.25% plus portfolio-specific investment management charges. Advanced Series variable annuities offered by Prudential Financial companies are available at an annual cost of 0.65% to 1.65% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Tactical Portfolios: 100% (4 out of 4) portfolios managed by CLS and Horizon outperformed their respective benchmark* Alternative Portfolios: 100% (4 out of 4) portfolios outperformed their respective benchmark* Optional slide for use if presenting the Advanced Series product line. Read Slide * It is important to note that performance reflects ASAP III variable annuity insurance expenses of 1.25% plus portfolio-specific investment management charges. Advanced Series variable annuities offered by Prudential Financial Companies are available at an annual cost of 0.65% to 1.65% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Asset Allocation Options Non-Standardized Performance as of 8/31/09
Optional slide for use if presenting the Advanced Series product line. Read Slide

Asset Allocation Options Non-Standardized Performance as of 8/31/09, cont’d

Asset Allocation Options Standardized Performance as of 6/30/09

Asset Allocation Options Standardized Performance as of 6/30/09, cont’d.

Information on Performance Slides
Where noted, total returns reflect the deduction of any contingent deferred sales charges that would be imposed upon a complete surrender at the end of the applicable period. Because past performance is intended to depict the experience of a hypothetical investor over the measuring period, and because the hypothetical investor could effect a purchase only on a business day, we assume in these calculations that the purchase was effected the business day prior to the start of the measuring period, if that start day was not itself a business day. Non-standardized return calculations shown include mortality and expense and administration charges of the ASAP III variable annuity, but do not reflect contract maintenance fees or applicable contingent deferred sales charges (CDSC), if any. If these charges were reflected, total returns would be reduced. Standardized Returns are calculated, in accordance with SEC Rules, from inception of the sub-account and for the applicable periods assuming a $1,000 investment made at the beginning of the applicable period. Standardized Returns reflect deduction of all underlying fund fees and charges, including mortality and expense and administration charges (M&E&A), maintenance fee and Contingent Deferred Sales Charge (CDSC), where applicable. Non-standardized and standardized total returns reflect the deduction of applicable fees and charges for the basic annuity contract, but do not reflect the additional asset-based charges that are deducted when your client elects one or more optional benefits. The additional charges we deduct when you purchase an optional benefit will reduce your performance. Please note that not all products offer optional benefits. Please refer to the prospectus for additional information. Past performance does not guarantee similar future results. Performance information as of the most recent month end is available at Read Slide

Definition of Indices S&P 500 Indexis a market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. S&P chooses the member companies for the 500 based on market size, liquidity and industry group representation. MSCI EAFE Index is a widely accepted benchmark for international stock performance, the EAFE Index is an aggregate of 21 individual country indexes that collectively represent many of the major markets of the world (EAFE refers to Europe, Australasia and Far East). DJIA is the most widely used indicator of the overall condition of the stock market, a price-weighted average of 30 actively traded blue chip stocks, primarily industrials. Russell 3000 Index is a stock index consisting of the 3000 largest publicly listed U.S. companies, representing about 98% of the total capitalization of the entire U.S. stock market. DJ-AIG Commodity Index reflects changes in a broad range of commodity futures prices, from crude oil and coffee to gold and cattle. The objective of the Dow Jones Corporate Bond Index (DJCI) is to capture the return of readily tradable high-grade U. S. corporate bonds. The subsets of the index capture the returns of the three bond market sectors: Industrial, Financial and Utilities/Telecom. Barclays US Aggregate Bond Index covers the USD-denominated, investment grade, fixed rate, taxable bond market of SEC registered securities. The index includes bonds from the Treasury, Government -Related, Corporate, MBS, ABS, and CMBS sectors. NASDAQ Index measures the performance of all issues listed in the NASDAQ Stock Market, except for rights, warrants, units, and convertible debentures. Read Slide

Russell 1000 Growth Index is a market-capitalization weighted index of those firms in the Russell 1000 with higher price-to-book ratios and higher forecasted growth values. The Russell 1000 includes the largest 1000 firms in the Russell 3000 Index. Russell 1000 Value Index is a market-capitalization weighted index of those firms in the Russell 1000 with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 includes the largest 1000 firms in the Russell 3000 Index. Russell 2000 Growth Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index having higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index includes the 2000 firms from the Russell 3000 Index with the smallest market capitalizations. Russell 2000 Value Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index having lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Index includes the 2000 firms from the Russell 3000 Index with the smallest market capitalizations. Indices are for illustrative purposes only and are not indicative of any investment. Investors cannot invest directly in an index. For more information (including the most up-to-date standardized and non-standardized performance) regarding any of the asset allocation portfolios offered on the Prudential Annuities® Investment Platform, please call our National Sales Desk at Read Slide

Past performance does not guarantee future results. Asset allocation is a method of diversification that positions assets among major investment categories. Asset allocation can be used to manage investment risk and potentially enhance returns. However, use of asset allocation does not guarantee a profit or protect against a loss. Inclusion in asset allocation models does not indicate that any subaccount is superior to a subaccount not included in a model. Alternative investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment without a guarantee. Alternative investments are suitable only for long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time. Investors should consider the contract and the underlying portfolios’ investment objectives, risks, charges and expenses carefully before investing. This and other important information is contained in the prospectus, which can be obtained by contacting the National Sales Desk. Your clients should read the prospectus carefully before investing. Read Slide

For the past 12 months, the S&P 500 Index was down 18.3% 83% (15 out of 18) of our asset allocation portfolios have outperformed the S&P 500* Year to date, ending 8/31/09: 73% (13 out of 18) of our asset allocation portfolios are in the first and second quartile Lipper peer groups ranking Optional slide for use if presenting the Prudential Premier product line. Read Slide * It is important to note that performance reflects Premier B Series variable annuity insurance expenses of 1.15% plus portfolio-specific investment management charges. Prudential Premier variable annuities offered by Prudential Financial Companies are available at an annual cost of 1.15% to 1.55% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Traditional Portfolios: 5 out of 5 portfolios available with our HD living benefit guarantees outperformed their benchmark Three of our traditional portfolios earned a 4-star rating from Morningstar: AST Preservation Asset Allocation AST Capital Growth Asset Allocation AST T. Rowe Price Asset Allocation Optional slide for use if presenting the Prudential Premier product line. Read Slide * It is important to note that performance reflects Premier B Series variable annuity insurance expenses of 1.15% plus portfolio-specific investment management charges. Prudential Premier variable annuities offered by Prudential Financial Companies are available at an annual cost of 1.15% to 1.55% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Asset Allocation OptionsOutperformance across our asset allocation platform
Tactical Portfolios: 100% (4 out of 4) portfolios managed by CLS and Horizon outperformed their respective benchmark* Alternative Portfolios: 100% (4 out of 4) portfolios outperformed their respective benchmark* Optional slide for use if presenting the Prudential Premier product line. Read Slide * It is important to note that performance reflects Premier B Series variable annuity insurance expenses of 1.15% plus portfolio-specific investment management charges. Prudential Premier variable annuities offered by Prudential Financial Companies are available at an annual cost of 1.15% to 1.55% for mortality, expense and administration fees, with an additional fee related to the professional investment options.

Asset Allocation Options Non-Standardized Performance as of 8/31/09
Optional slide for use if presenting the Prudential Premier product line.

Asset Allocation Options Non-Standardized Performance as of 8/31/09, cont’d

Asset Allocation Options Standardized Performance as of 6/30/09

Asset Allocation Options Standardized Performance as of 6/30/09, cont’d

Where noted, total returns reflect the deduction of any contingent deferred sales charges that would be imposed upon a complete surrender at the end of the applicable period. Because past performance is intended to depict the experience of a hypothetical investor over the measuring period, and because the hypothetical investor could effect a purchase only on a business day, we assume in these calculations that the purchase was effected the business day prior to the start of the measuring period, if that start day was not itself a business day. Non-standardized return calculations shown include mortality and expense and administration charges of the Prudential Premier B Series variable annuity, but do not reflect contract maintenance fees or applicable contingent deferred sales charges (CDSC), if any. If these charges were reflected, total returns would be reduced. Standardized Returns are calculated, in accordance with SEC Rules, from inception of the sub-account and for the applicable periods assuming a $1,000 investment made at the beginning of the applicable period. Standardized Returns reflect deduction of all underlying fund fees and charges, including mortality and expense and administration charges (M&E&A), maintenance fee and Contingent Deferred Sales Charge (CDSC), where applicable. Non-standardized and standardized total returns reflect the deduction of applicable fees and charges for the basic annuity contract, but do not reflect the additional asset-based charges that are deducted when your client elects one or more optional benefits. The additional charges we deduct when you purchase an optional benefit will reduce your performance. Please note that not all products offer optional benefits. Please refer to the prospectus for additional information. Past performance does not guarantee similar future results. Performance information as of the most recent month end is available at Read Slide

Definition of Indices S&P 500 Indexis a market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. S&P chooses the member companies for the 500 based on market size, liquidity and industry group representation. MSCI EAFE Index is a widely accepted benchmark for international stock performance, the EAFE Index is an aggregate of 21 individual country indexes that collectively represent many of the major markets of the world (EAFE refers to Europe, Australasia and Far East). DJIA is the most widely used indicator of the overall condition of the stock market, a price-weighted average of 30 actively traded blue chip stocks, primarily industrials. Russell 3000 Index is a stock index consisting of the 3000 largest publicly listed U.S. companies, representing about 98% of the total capitalization of the entire U.S. stock market. DJ-AIG Commodity Index reflects changes in a broad range of commodity futures prices, from crude oil and coffee to gold and cattle. The objective of the Dow Jones Corporate Bond Index (DJCI) is to capture the return of readily tradable high-grade U. S. corporate bonds. The subsets of the index capture the returns of the three bond market sectors: Industrial, Financial and Utilities/Telecom. Barclays U.S. Aggregate Bond Index covers the USD-denominated, investment grade, fixed rate, taxable bond market of SEC registered securities. The index includes bonds from the Treasury, Government -Related, Corporate, MBS, ABS, and CMBS sectors. NASDAQ Index measures the performance of all issues listed in the NASDAQ Stock Market, except for rights, warrants, units, and convertible debentures. Read Slide

Russell 1000 Growth Index is a market-capitalization weighted index of those firms in the Russell 1000 with higher price-to-book ratios and higher forecasted growth values. The Russell 1000 includes the largest 1000 firms in the Russell 3000 Index. Russell 1000 Value Index is a market-capitalization weighted index of those firms in the Russell 1000 with lower price-to-book ratios and lower forecasted growth values. The Russell 1000 includes the largest 1000 firms in the Russell 3000 Index. Russell 2000 Growth Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index having higher price-to-book ratios and higher forecasted growth values. The Russell 2000 Index includes the 2000 firms from the Russell 3000 Index with the smallest market capitalizations. Russell 2000 Value Index is a market-weighted total return index that measures the performance of companies within the Russell 2000 Index having lower price-to-book ratios and lower forecasted growth values. The Russell 2000 Index includes the 2000 firms from the Russell 3000 Index with the smallest market capitalizations. Indices are for illustrative purposes only and are not indicative of any investment. Investors cannot invest directly in an index. For more information (including the most up-to-date standardized and non-standardized performance) regarding any of the asset allocation portfolios offered on the Prudential Annuities® Investment Platform, please call our National Sales Desk at Read Slide

Past performance does not guarantee future results. Asset allocation is a method of diversification that positions assets among major investment categories. Asset allocation can be used to manage investment risk and potentially enhance returns. However, use of asset allocation does not guarantee a profit or protect against a loss. Inclusion in asset allocation models does not indicate that any subaccount is superior to a subaccount not included in a model. Alternative investments are speculative and include a high degree of risk. An investor could lose all or a substantial amount of his/her investment without a guarantee. Alternative investments are suitable only for long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time. Investors should consider the contract and the underlying portfolios’ investment objectives, risks, charges and expenses carefully before investing. This and other important information is contained in the prospectus, which can be obtained by contacting the National Sales Desk. Your clients should read the prospectus carefully before investing. Read Slide

Product Strategies… Advanced Series variable annuities
Module #13 Product Strategies… Advanced Series variable annuities Slides [ ] Please hide this slide when presenting. Please present all of the slides in this module, or only present the approved slides, if all variable annuities are not approved at a specific firm. [Slides 179 and 180] are optional slides for use with the XT6 slides. Please hide if you choose not use them. This module is only for use with the Advanced Series variable annuity product line.

Choosing the Right Annuity for Your Client
XTra Credit SIXSM (X-share) May be appropriate for clients who want an immediate payment enhancement or a head start saving for retirement ASAP IIISM (B-share) May be appropriate for clients who prefer a lower cost, flexible annuity APEX IISM (L-share) May be appropriate for clients who are approaching retirement or who may have changing retirement goals ASL IISM (C-share) May be appropriate for clients with unpredictable withdrawal requirements Each annuity strategy helps provide a unique retirement solution. (Review Slide) Now let’s turn our attention to the key features of the annuities, starting with XTra Credit SIX…

Key Features: XTra Credit SIX
Jump-start your client’s retirement savings 6.5% up-front credit on all Year 1 payments Additional credits for payments in years 2-6 Long-term investor value 1.65% M&E/Admin charges (Years 1-10) Reduction in charges following CDSC period Elimination of 1.00% distribution charge 0.65% M&E/Admin charges thereafter Contract-based CDSC design Benefit to the investor making additional payments Not assigned a separate CDSC schedule Prudential Annuities pioneered XTra Credit annuities in the mid-90s. XTra Credit SIX is the Advanced Series X-share annuity, which is known in the industry as a bonus product. Our product distinguishes itself by offering not only one of the highest credits for upfront purchase payments, but also a reduction in fees following the 10-year CDSC surrender charge period. (Read Bullets) Your clients’ needs and the suitability of an annuity product should be carefully considered before investing. Please consider all variable annuities available from Prudential Financial companies when evaluating their needs. Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs. Speaker note: Stress the importance of the bonus credit expense and longer surrender period. Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs.

Income Strategy… XTra Credit SIX & HD Lifetime 6 Plus
6.5% upfront annuity bonus is included in the income base calculation 6% annual compounded rate of return on the income base, regardless of where the market goes! Benefit automatically locks in new guarantees thereafter, based on the annuities highest daily value OPTIONAL SLIDE – XT6 (Read Slide) Applies to the income base, not the account value. The income base is only available through withdrawals. It is not available as a lump sum. ** For purchase payments greater than $100,000

Accumulation Strategy… XTra Credit SIX & HD GRO
6.5% bonus is captured day one creating a guaranteed floor of 106.5% for their account value, regardless of where the market goes*! Benefit automatically locks in new guarantees each year thereafter, based on the annuities highest daily value. OPTIONAL SLIDE – XT6 (Read Slide) * Available 10 years after your client elects the benefit.

Key Features: ASAP III Flexible, lower-cost chassis
1.25% M&E/Admin charges (Years 1-8) Reduction in charges following CDSC period Elimination of 0.60% distribution charge 0.65% M&E/Admin charges thereafter 0.50% Loyalty credit Applied at the end of the 5th annuity year Based on purchase payments in years 1-4 less withdrawals in years 1-5 Contract-based CDSC design Benefit to the investor making additional payments Not assigned a separate CDSC schedule ASAP III is a lower cost “traditional” type of annuity – what’s known as a B-share. (Review Slide) Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply.

Key Features: APEX II Four-year CDSC period Contract-based CDSC
For investors who may need access to money in near future 1.65% M&E/Admin charges Contract-based CDSC Benefit to the investor making additional payments Not assigned a separate CDSC schedule 2.75% Loyalty credit Applied at the end of the 5th annuity year Based on purchase payments in years 1-4 less withdrawals in years 1-5 The APEX II variable annuity is designed for investors who find comfort in just knowing they have access to their annuity after only a short 4-year CDSC period. (Review Slide) Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply.

Key Features: ASL II Full Liquidity
Access to the entire account value at any time Partial withdrawals of $100 or more as long as $1,000 is kept in the annuity 1.65% M&E/Admin charge ASL II offers greater liquidity to investors with unpredictable withdrawal requirements. (Review Slide) Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply.

Product Strategies… Prudential Premier variable annuities
Module #14 Product Strategies… Prudential Premier variable annuities Slides [ ] Please hide this slide when presenting. [Slides 187 and 188] are optional slides for use with the X Series slides. Please hide if you choose not use them. This module is only for use with the Prudential Premier variable annuity product line.

X Series May be appropriate for clients who want an immediate payment enhancement or a head start saving for retirement B Series May be appropriate for clients who prefer a lower cost, flexible annuity L Series May be appropriate for clients who are approaching retirement or who may have changing retirement goals Each annuity strategy helps provide a unique retirement income plan. (Review Slide) Now let’s turn our attention to the key features of the annuities, starting with X Series…

Key Features: X Series Jump-start your client’s retirement savings
6% up-front credit on all payments made up to age 80 3% on all payments for ages 81-85 Maximum issue age is 75 Long-term investor value 0.40% Loyalty Credit on all purchase payments more than 9 years old (Applied beginning on the 10th annuity anniversary)* 1.55% M&E/Admin charges X Series is Prudential Annuities’ X-share annuity, which is known in the industry as a bonus product. Our product distinguishes itself by offering not only purchase credits for upfront purchase payments, but also a Loyalty Credit following the 9-year CDSC surrender charge period. (Read Slide) Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs. Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs. * See the prospectus for more details.

Income Strategy… Premier X Series & HD Lifetime 6 Plus
6% upfront annuity bonus is included in the income base calculation 6% annual compounded rate of return on the income base, regardless of where the market goes! Benefit automatically locks in new guarantees thereafter, based on the annuities highest daily value OPTIONAL SLIDE – Premier X Series (Read Slide) Applies to the income base, not the account value. The income base is only available through withdrawals. It is not available as a lump sum.

Accumulation Strategy… Premier X Series & HD GRO
6% bonus is captured day one creating a guaranteed floor of 106% for their account value, regardless of where the market goes*! Benefit automatically locks in new guarantees each year thereafter, based on the annuities highest daily value. * Available 10 years after your client elects the benefit. OPTIONAL SLIDE – Premier X Series (Read Slide)

Key Features: L Series Death benefit flexibility Four-year CDSC period
On annuity anniversaries 5-10 and subject to program rules, investors can elect an optional death benefit, for an additional fee, or cancel an optional death benefit elected on the annuity issue date Four-year CDSC period For investors who may need access to money in near future 1.50% M&E/Admin charges The L Series variable annuity is designed for investors who find comfort in just knowing they have access to their annuity after only a short 4-year CDSC period. (Read Slide) Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply.

Key Features: B Series Flexible, lower-cost chassis
1.15% M&E/Admin charges Traditional seven-year CDSC period For fee conscious investors who want to accumulate assets for retirement Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply. B Series is a lower cost “traditional” type of annuity – what’s known as a B-share. (Read Slide)

Product Strategies… Prudential Premier variable annuities
Module #15 Product Strategies… Prudential Premier variable annuities Slides [ ] Please hide this slide when presenting. This module is only for use with the Agency Channel (it does not contain any information on the Prudential Premier L Series variable annuity). [Slides 194 and 195] are optional slides for use with the X Series slides. Please hide if you choose not use them. For Use Only With The Agency Channel

X Series May be appropriate for clients who want an immediate payment enhancement or a head start saving for retirement B Series May be appropriate for clients who prefer a lower cost, flexible annuity Each annuity strategy helps provide a unique retirement income plan. (Review Slide) Now let’s turn our attention to the key features of the annuities, starting with X Series…

Key Features: X Series Jump-start your client’s retirement savings
6% up-front credit on all payments made up to age 80 3% on all payments for ages 81-85 Maximum issue age is 75 Long-term investor value 0.40% Loyalty Credit on all purchase payments more than 9 years old (Applied beginning on the 10th annuity anniversary)* 1.55% M&E/Admin charges X Series is Prudential Annuities’ X-share annuity, which is known in the industry as a bonus product. Our product distinguishes itself by offering not only purchase credits for upfront purchase payments, but also a Loyalty Credit following the 9-year CDSC surrender charge period. (Read Slide) Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs. Because this annuity contains an investment credit, it may have higher fees and expenses and longer withdrawal charge period than other similar annuities without an investment credit. Over time, the higher expenses could be more than the value of the credits. Carefully consider the expenses along with the features and enhancements to be sure this annuity meets your client’s financial needs. * See the prospectus for more details.

Income Strategy… Premier X Series & HD Lifetime 6 Plus
6% upfront annuity bonus is included in the income base calculation 6% annual compounded rate of return on the income base, regardless of where the market goes! Benefit automatically locks in new guarantees thereafter, based on the annuities highest daily value OPTIONAL SLIDE – Premier X Series (Read Slide) Applies to the income base, not the account value. The income base is only available through withdrawals. It is not available as a lump sum.

Accumulation Strategy… Premier X Series & HD GRO
6% bonus is captured day one creating a guaranteed floor of 106% for their account value, regardless of where the market goes*! Benefit automatically locks in new guarantees each year thereafter, based on the annuities highest daily value. * Available 10 years after your client elects the benefit. OPTIONAL SLIDE – Premier X Series (Read Slide)

Key Features: B Series Flexible, lower-cost chassis
1.15% M&E/Admin charges Traditional seven-year CDSC period For fee conscious investors who want to accumulate assets for retirement Withdrawals of taxable amounts will be subject to income tax, and prior to age 59½, a 10% federal income tax penalty may apply. B Series is a lower cost “traditional” type of annuity – what’s known as a B-share. (Read Slide)

Tools To Help You Promote Prudential Annuities®
Module #16 Tools To Help You Promote Prudential Annuities® Slides [ ] All of the slides in this module are optional. Please remember to hide the slide(s) you are not using, as well as the cover slide.

Client Seminars Moving Forward with Your Retirement
Red Flags in the Retirement Red Zone Welcome to the Retirement Red Zone Managing the Human Element in Investing This slide is optional. Please hide if not presenting. Read & Explain Slide

Ads & Mailers Moving Forward Seminar Bifold & Flyer Invitations
Retirement Red Zone Client Mailer Red Flags in the Retirement Red Zone Bifold Invitation Retirement Red Zone EQ Seminar Invitation Are you in the Retirement Red Zone? Seminar Invitation Retirement Red Zone Full- and Half-page Ads This slide is optional. Please hide if not presenting. Read & Explain Slide

& Questions Answers Thank You!
Thank you for your attention today. I’ll be happy to answer any questions that you may have.

Investors should consider the contract and the underlying portfolios’ investment objectives, risks, charges and expenses carefully before investing. This and other important information is contained in the prospectus, which can be obtained by contacting the National Sales Desk. Your clients should read the prospectus carefully before investing. Variable annuities are appropriate for long-term investing and designed for retirement purposes. Investment return and principal value of an investment will fluctuate so that an investor's unit values, when redeemed, may be worth more or less than their original cost. Withdrawals or surrenders may be subject to contingent deferred sales charges (CDSC). Withdrawals and distributions of taxable amounts are subject to ordinary income tax and, if made prior to age 59½, may be subject to an additional 10% federal income tax penalty. Withdrawals, for tax purposes, are deemed to be gains out first. Withdrawals reduce the living benefit, death benefit and account value. (Read Slide)

Variable annuities offered by Prudential Financial companies are available at an annual cost of 0.65% to 1.65% for mortality, expense and administration fees, with an additional fee related to the professional investment options. Please see the prospectus for additional information. Your clients’ needs and the suitability of an annuity product should be carefully considered before investing. Please consider other variable annuities available from Prudential Financial companies when evaluating their needs. Optional benefits may not be available in every state and may not be elected in conjunction with certain optional benefits. Optional benefits have certain investment, holding period, liquidity, and withdrawal limitations and restrictions. The benefit fees are in addition to fees and charges associated with the basic annuity. See the prospectus for more detailed information. All guarantees, including optional benefits, are backed by the claims-paying ability of the issuing company and do not apply to the underlying investment options. (Read Slide)

Prudential Annuities does not provide tax, accounting, or legal advice
Prudential Annuities does not provide tax, accounting, or legal advice. Please have your clients consult their own attorney or accountant. Because qualified retirement plans, IRAs and variable annuities offer a tax-deferral feature, your clients should carefully consider all features, benefits, risks, and costs associated with a variable annuity before purchasing one in either a qualified plan or IRA. Before purchasing a variable annuity your clients should take full advantage of their 401(k) and other qualified plans. Fixed income investing is subject to risk, including credit and interest rate risk. Because of these risks, a subaccount’s share value may fluctuate. If interest rates rise, bond prices usually decline. If interest rates decline, bond prices usually increase. A client does not have to purchase an annuity in order to take advantage of "stretching" a qualified investment. "Stretching" is based upon current tax law. If these laws change in the future, a client's ability to maintain estimated distributions may be affected. Asset allocation does not ensure a profit or protect against loss. No assurance can be given that a portfolio’s objectives will be achieved. Quantitative Management Associates is a wholly-owned subsidiary of Prudential Investment Management Services, Inc. and an indirect, wholly-owned subsidiary of Prudential Financial, Inc.

Variable annuities are issued by Pruco Life Insurance Company (in New York, by Pruco Life Insurance Company of New Jersey), Newark, NJ, or by Prudential Annuities Life Assurance Corporation, Shelton, CT. All are distributed by Prudential Annuities Distributors, Inc., Shelton, CT. All are Prudential Financial companies and each is solely responsible for its own financial condition and contractual obligations. "Prudential Annuities" is a business of Prudential Financial, Inc. Reference to Prudential Annuities as the "Highest Daily Company" is for marketing purposes only, and does not mean that Prudential Annuities is a corporation or any other legal entity organized under State or Federal law. Prudential, Prudential Financial, Prudential Annuities, the Rock logo, the Rock Prudential logo and The Retirement Red Zone are registered service marks of The Prudential Insurance Company of America and its affiliates. (Read Slide) ANNUITIES: NOT FDIC OR GOVERNMENT AGENCY INSURED MAY LOSE VALUE NOT BANK OR CREDIT UNION GUARANTEED ORD [WO#88809]

INSIDE PRUDENTIAL ANNUITIES®

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INSIDE PRUDENTIAL ANNUITIES®

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