XTra Credit Premier - Prudential Annuities

STYLE/TYPEMID-CAPVALUEALL-CAPGROWTHALL-CAPVALUESECTORLARGE CAPGROWTHLARGE CAPGROWTHINVESTMENT OBJECTIVES/POLICIESAST Neuberger Berman Mid-Cap Value: seeks capital growth. Under normal marketconditions, the Portfolio primarily invests at least 80% of its net assets in the common stocks ofmid-cap companies. For purposes of the Portfolio, companies with equity marketcapitalizations that fall within the range of the Russell Midcap ® Index at the time of investmentare considered mid-cap companies. Some of the Portfolio's assets may be invested in thesecurities of large-cap companies as well as in small-cap companies. Under the Portfolio’svalue-oriented investment approach, the Sub-advisor looks for well-managed companies whosestock prices are undervalued and that may rise in price before other investors realize theirworth.AST Alger All-Cap Growth: seeks long-term capital growth. The Portfolio invests primarilyin equity securities, such as common or preferred stocks, that are listed on U.S. exchanges or inthe over-the-counter market. The Portfolio may invest in the equity securities of companies ofall sizes, and may emphasize either larger or smaller companies at a given time based on theSub-advisor’s assessment of particular companies and market conditions.AST Gabelli All-Cap Value: seeks capital growth. The Portfolio pursues its objective byinvesting primarily in readily marketable equity securities including common stocks, preferredstocks and securities that may be converted at a later time into common stock. The Portfoliomay invest in the securities of companies of all sizes, and may emphasize either larger orsmaller companies at a given time based on the Sub-advisor's assessment of particularcompanies and market conditions. The Portfolio focuses on companies that appear underpricedrelative to their private market value ("PMV"). PMV is the value that the Portfolio's Subadvisorbelieves informed investors would be willing to pay for a company.AST T. Rowe Price Natural Resources: seeks long-term capital growth primarily through thecommon stocks of companies that own or develop natural resources (such as energy products,precious metals and forest products) and other basic commodities. The Portfolio normallyinvests primarily (at least 80% of its total assets) in the common stocks of natural resourcecompanies whose earnings and tangible assets could benefit from accelerating inflation. ThePortfolio looks for companies that have the ability to expand production, to maintain superiorexploration programs and production facilities, and the potential to accumulate new resources.At least 50% of Portfolio assets will be invested in U.S. securities, up to 50% of total assets alsomay be invested in foreign securities.AST Alliance Growth: seeks long-term capital growth. The Portfolio invests at least 80% ofits total assets in the equity securities of a limited number of large, carefully selected, highqualityU.S. companies that are judged likely to achieve superior earnings growth. Normally,about 40-60 companies will be represented in the Portfolio, with the 25 companies most highlyregarded by the Sub-advisor usually constituting approximately 70% of the Portfolio’s netassets. An emphasis is placed on identifying companies whose substantially above averageprospective earnings growth is not fully reflected in current market valuations.AST MFS Growth: seeks long-term capital growth and future income. Under normal marketconditions, the Portfolio invests at least 80% of its total assets in common stocks and relatedsecurities, such as preferred stocks, convertible securities and depositary receipts, of companiesthat the Sub-advisor believes offer better than average prospects for long-term growth. TheSub-advisor seeks to purchase securities of companies that it considers well-run and poised forgrowth. The Portfolio may invest up to 35% of its net assets in foreign securities.PORTFOLIOADVISOR/SUB-ADVISORNeuberger BermanManagement Inc.Fred AlgerManagement, Inc.GAMCO Investors,Inc.T. Rowe PriceAssociates, Inc.Alliance CapitalManagement, L.P.MassachusettsFinancial ServicesCompanyContract described herein is no longer available for sale.16