Prudential Mutual Fund Family Renaming Finalized

Prudential Financial Inc. (NYSE: PRU) announced that the renaming of its mutual fund family to Prudential Investments is effective today. The mutual fund family, previously called JennisonDryden, offers funds across a range of asset classes and sectors, including equity, fixed income, real estate and specialty securities.

While the fund names have changed to feature Prudential's name-linking the fund family to the company's 135-year heritage-the funds' ticker symbols, investment objectives and portfolio management teams remain the same. Prudential has offered mutual funds to investors for more than 20 years.

Experienced asset managers, including Jennison Associates, Prudential Fixed Income, Prudential Real Estate Investors, and Quantitative Management Associates, continue to manage the funds. Jennison-managed funds continue to carry the Jennison name as "Prudential Jennison." Dryden and JennisonDryden-named funds have been renamed "Prudential."

Financial professionals, shareholders and other interested stakeholders may continue to search databases by fund name, but can now search under "Prudential" to bring up a complete list of funds. Please visit http://www.prudentialfunds.com for more information.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $667 billion of assets under management as of December 31, 2009, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. In the U.S., the company's Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.news.prudential.com.

Mutual fund investing involves risk. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth less than the original cost. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other information about the fund. Contact your financial professional for a prospectus and read it carefully before investing. Mutual funds are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and member SPIC. Prudential Fixed Income and Prudential Real Estate Investors are units of Prudential Investment Management (PIM). Quantitative Management Associates, Jennison Associates and PIM are registered investment advisors and Prudential Financial companies. Prudential Investments, Prudential Financial, the Rock Prudential logo, Jennison Associates and Jennison are registered service marks of The Prudential Insurance Company of America, Newark, N.J., and its affiliates. Control Number: 0172484-00001-00