Navigator - Prudential Annuities

oker-dealer or entity. In addition, ASM, Inc. may offer Annuities directly to potential purchasers. The maximum initial concessionto be paid on premiums received is 7.5% and a portion of compensation may be paid from time to time based on all or a portion ofAccount Value. We reserve the right to base concessions from time-to-time on the investment options chosen by Annuity Owners,including investment options that may be deemed our "affiliates" or "affiliates" of ASM, Inc. under the Investment Company Act of1940.Advertising: We may advertise certain information regarding the performance of the investment options. Details on howwe calculate performance measures for the Sub-accounts are found in the Statement of Additional Information. This performanceinformation may help you review the performance of the investment options and provide a basis for comparison with other annuities.This information may be less useful when comparing the performance of the investment options with other savings or investmentvehicles. Such other investments may not provide some of the benefits of annuities, or may not be designed for long-term investmentpurposes. Additionally other savings or investment vehicles may not be treated like annuities under the Code.The information we may advertise regarding the Fixed Allocations may include the then current interest rates we are crediting to newFixed Allocations. Information on Current Rates will be as of the date specified in such advertisement. Rates will be included inadvertisements to the extent permitted by law. Given that the actual rates applicable to any Fixed Allocation are as of the date of anysuch Fixed Allocation's Guarantee Period begins, the rate credited to a Fixed Allocation may be more or less than those quoted in anadvertisement.Performance information on the Sub-accounts is based on past performance only and is no indication of future performance.Performance of the Sub-accounts should not be considered a representation of the performance of such Sub-accounts in the future.Performance of the Sub-accounts is not fixed. Actual performance will depend on the type, quality and, for some of the Sub-accounts,the maturities of the investments held by the underlying mutual fund portfolios and upon prevailing market conditions and theresponse of the underlying mutual fund portfolios to such conditions. Actual performance will also depend on changes in theexpenses of the underlying mutual fund portfolios. Such changes are reflected, in turn, in the Sub-account which invest in suchunderlying mutual fund portfolio. In addition, the amount of charges assessed against each Sub-account will affect performance.Some of the underlying mutual fund portfolios existed prior to the inception of these Sub-accounts. Performance quoted inadvertising regarding such Sub-accounts may indicate periods during which the Sub-accounts have been in existence but prior to theinitial offering of the Annuities, or periods during which the underlying mutual fund portfolios have been in existence, but the Subaccountshave not. Such hypothetical performance is calculated using the same assumptions employed in calculating actualperformance since inception of the Sub-accounts.As part of any advertisement of Standard Total Return, we may advertise the "Non-Standard Total Return" of the Sub-accounts. Non-Standard Total Return does not take into consideration the Annuity’s contingent deferred sales charge and/or the Annual MaintenanceFee.Advertisements we distribute may also compare the performance of our Sub-accounts with: (a) certain unmanaged market indices,including but not limited to the Dow Jones Industrial Average, the Standard & Poor's 500, the Shearson Lehman Bond Index, theFrank Russell non-U.S. Universal Mean, the Morgan Stanley Capital International Index of Europe, Asia and Far East Funds, and theMorgan Stanley Capital International World Index; and/or (b) other management investment companies with investment objectivessimilar to the mutual fund portfolios underlying the Sub-accounts being prepared. This may include the performance ranking assignedby various publications, including but not limited to the Wall Street Journal, Forbes, Fortune, Money, Barron's, Business Week, USAToday and statistical services, including but not limited to Lipper Analytical Services Mutual Funds Survey, Lipper Annuity andClosed End Survey, the Variable Annuity Research Data Survey, SEI, the Morningstar Mutual Fund Sourcebook and the MorningstarVariable Annuity/Life Sourcebook.Contract described herein is no longer available for sale.American Skandia Life Assurance Corporation may advertise its rankings and/or ratings by independent financial ratings services.Such rankings may help you in evaluating our ability to meet our obligations in relation to Fixed Allocations, pay minimum deathbenefits, pay annuity payments or administer Annuities. Such rankings and ratings do not reflect or relate to the performance ofSeparate Account B.CERTAIN TAX CONSIDERATIONS: The following is a brief summary of certain Federal income tax laws as they are currentlyinterpreted. No one can be certain that the laws or interpretations will remain unchanged or that agencies or courts will always agreeas to how the tax law or regulations are to be interpreted. This discussion is not intended as tax advice. You may wish to consult aprofessional tax advisor for tax advice as to your particular situation.Our Tax Considerations: We are taxed as a life insurance company under Part I, subchapter L, of the Code.35