AST BlackRock Value Portfolio - Prudential Annuities

David A. Kiefer, CFA, is a Managing Director of Jennison, which he joined in September 2000. Mr. Kiefer has been managing large
cap diversified assets since 1999 and the Large Cap Blend Equity strategy since 2000. Additionally, he became head of Large Cap
Value Equity and began co-managing the Large Cap Value Equity strategy in 2004 and the Natural Resources Equity strategy in
2005. He managed the Prudential Jennison Utility Fund, from 1994 to mid-2005. He joined Prudential’s management training
program in 1986. From 1988 to 1990, Mr. Kiefer worked at Prudential Power Funding Associates, making loans to the utility and
power industry. He then left to attend business school, rejoining Prudential in equity asset management in 1992. Mr. Kiefer earned
a BS from Princeton University and a MBA from Harvard Business School.
Avi Z. Berg, is a Managing Director of Jennison, which he joined in January 2001. Prior to that, he was with Goldman Sachs Asset
Management from 1997 to 2000 as an Equity Research Associate for their small and mid cap value funds. From 1996 to 1997,
Mr. Berg worked in equity research at Fir Tree Partners. From 1991 to 1995, he was a consultant with Price Waterhouse LLP.
Mr. Berg received his AB in economics, magna cum laude, from Harvard University and his MBA in finance and accounting with
honors and distinctions from Columbia Business School.
The portfolio managers for the Portfolio are supported by other Jennison portfolio managers, research analysts and investment
professionals. Jennison typically follows a team approach in providing such support to the portfolio managers. The teams are
generally organized along product strategies (e.g., large cap growth, large cap value) and meet regularly to review the portfolio
holdings and discuss security purchase and sales activity of all accounts in the particular product strategy. Team members provide
research support, make securities recommendations and support the portfolio managers in all activities. Members of the team may
change from time to time.
AST JPMorgan International Equity Portfolio
The portfolio manager responsible for the day-to-day management of the Portfolio is James WT Fisher. Mr. Fisher, a Managing
Director of J.P. Morgan, is a portfolio manager in the Global Portfolio Group Equities Team based in London. He became an
employee of Robert Fleming in 1985.
AST JPMorgan Strategic Opportunities Portfolio
Patrik Jakobson, managing director, is a portfolio manager with JP Morgan’s Global Multi-Asset Group (GMAG). He is a member
of the Global Strategy Team that is responsible for managing the group’s tactical allocation investment process and global portfolio
strategy. An employee since 1987, Patrik has served as a portfolio manager for the firm’s global asset allocation and balanced
portfolios since 1995 and has worked extensively with institutional clients on strategic asset allocation issues. He previously
managed equity portfolios and worked as a research analyst specializing in the retailing industry in corporate finance. Patrik
earned a BA in economics from Harvard University and an MBA in finance from the Wharton School of Business.
Neill Nuttall joined JPMorgan in 1984. Neill is CIO and head of the GMAG, with particular responsibility for Global Tactical Asset
Allocation, Total Return and Convertible Bond portfolios. Prior to joining GMAG he worked for Jardine Fleming in Hong Kong as
head of currency, Asian fixed income and convertible bond management, and more recently as a qualitative portfolio manager in
the Currency Group in London. Previously, he worked for Standard Chartered Bank in Hong Kong and Thailand.
Nicole Fazio, CFA, vice president, is a portfolio manager in the Global Multi-Asset Group (GMAG) based in New York. An
employee since 2003, she is responsible for manager research and portfolio construction. Nicole also focuses on portfolio
management and implementation of tactical asset allocation strategy across GMAG’s accounts, as well as strategic asset
allocation. Previously, she was a junior client portfolio manager within the group, helping to support the global asset allocation
and balanced portfolios. Nicole holds a BS in Finance from Boston College and is a CFA charterholder
AST Large-Cap Value Portfolio
Hotchkis and Wiley Segment. Hotchkis and Wiley manages institutional separate accounts and is the advisor and sub-advisor to
mutual funds, including the Portfolio. The investment process employed is the same for similar accounts, including the Portfolio
and is team-based utilizing primarily in-house, fundamental research. The investment research staff is organized by industry and
sector and supports all of the accounts managed in each of the Hotchkis and Wiley investment strategies. Portfolio coordinators
for each strategy ensure that the best thinking of the investment team is reflected in the “target portfolios”. Investment ideas for the
Portfolio are generated by Hotchkis’ investment team. Hotchkis and Wiley has identified the portfolio managers with the most
significant responsibility for the Portfolio. The list does not include all members of the investment team.
George Davis, Judd Peters, Scott McBride, Patricia McKenna and Sheldon Lieberman participate in the investment research review
and decision-making process for the Portfolio. Mr. McBride, Mr. Peters and Mr. Davis coordinate the day to day management of
the Portfolio. Mr. Davis, Principal, Portfolio Manager and Chief Executive Officer, joined Hotchkis’ investment team in 1988.
393