The Prudential CARES Volunteer Grants program, which is now in its

17th year, is a testament to Prudential's continued commitment to the

community.

   "We are proud to recognize our employees for their collaboration

with local organizations all over the world that make a positive

difference in people's lives," said Prudential Chairman and Chief

Executive Officer John Strangfeld.

   "Their volunteer activities echo Prudential's long-standing

tradition of philanthropic involvement and community partnerships. We

hope these collaborations will allow us to live and work in better,

healthier communities," added Strangfeld.

   Gabriella Morris, vice president and head of Prudential's

Community Resources Department and president of The Prudential

Foundation, said, "Each year we're inspired by the passion and

dedication of our employees and retirees who volunteer so much of

their time to the organizations and issues they care about most

deeply. Their work has shown true creativity, honesty, and respect for

diversity - all core values at Prudential."

   According to Charles H. Moore, executive director of the Committee

Encouraging Corporate Philanthropy, "Corporate philanthropy does not

exist in a bubble - real change requires alliances and cooperation

between management, employees and communities. Prudential's

long-standing CARES program is evidence of this philosophy and we look

forward to more innovations and social change from them in the

future."

   CECP is the only international forum of business CEOs and

Chairpersons pursuing a mission exclusively focused on corporate

philanthropy. Its 175 CEO members work toward a mission of leading the

business community in raising the level and quality of corporate

philanthropy. For more information, visit

www.CorporatePhilanthropy.org.

   Founded in 1977, The Prudential Foundation is the nonprofit

grant-making organization funded by Prudential Financial, Inc. It is

part of Prudential's Community Resources Department, a strategic

combination of four units: the Foundation, which provides support to

innovative direct-service programs that address the needs of our

communities in the areas of education and economic development; the

Social Investment Program, which makes socially-responsible

investments in the primary areas of economic development and

education; Local Initiatives, which strengthens Prudential by building

strategic relationships through staff initiatives and volunteer

empowerment; and Business Diversity Outreach, which facilitates

diverse market development and outreach efforts for Prudential

businesses.

   Prudential Financial, Inc. (NYSE:PRU), a financial services leader

with approximately $638 billion of assets under management as of June

30, 2008, 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 approximately

50 million individual and institutional customers grow and protect

their wealth. The company's well-known 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.