Translation Results Requested Through Conyac Made Public

Prudential and Fosun Group (Fosun) announced today they have signed a definitive agreement enabling them to move forward in creating a private equity fund (PE fund) for the Chinese marketplace. This agreement allows the investment team to begin making private equity investments in a diversified group of industries and asset classes, including public and non-public companies based in China and companies outside of China with significant revenue or other business connections to China.

The terms of the partnership include Prudential investing up to US$500 million in the fund. Fosun, which will take primary responsibility for investment decisions, will invest US$100 million. Since the beginning of 2010, Fosun has increased its global focus. In March 2010, Fosun established its first foreign-partnership joint venture equities investment operation in China with Carlyle Group. In June 2010, Fosun invested in Club Med, an internationally known leisure and resort group.

Prudential has a presence in China through its Beijing Representative Office, Everbright Pramerica Fund Management Co., Ltd., headquartered in Shanghai, Pricoa Consulting (Shanghai) Co., Ltd. and Pricoa Relocation Hong Kong Limited. Pramerica and Pricoa are trade names used by Prudential Financial and its affiliates in select countries outside the United States.