Prudential Retirement Names Brian McCleave Head of Sales for Tax-Exempt Business Segment

"Brian brings to the role tremendous business development andsales experience, which we believe will benefit our business and ourclients alike. We welcome him to this role as we look to furtherdevelop our presence as a premier provider in the Government andNot-for-Profit markets, and we believe he will be a key contributor toour overall earnings growth," said Castellani.

McCleave comes to Prudential from Nationwide Retirement Solutions,where he most recently served as vice president of businessdevelopment, responsible for all merger and acquisition activity.Prior to that, he served as the state director for the State ofMaryland Supplemental Retirement Plans.

McCleave has a bachelor's degree in psychology and history fromCleveland State University, and holds NASD Series 6,26, and 63licenses.

Prudential Retirement delivers retirement plan solutions forpublic, private, and non-profit organizations. Services includestate-of-the-art recordkeeping, administration services, investmentmanagement, comprehensive employee investment education andcommunications, and trustee services. With over 80 years of retirementexperience, Prudential Retirement meets the needs of two milliondefined contribution participants and more than one million definedbenefit annuitants. Prudential Retirement has $130 billion inretirement account values as of March 31, 2005.

Prudential Financial companies, with approximately $496 billion intotal assets under management as of March 31, 2005, serve individualand institutional customers worldwide and include The PrudentialInsurance Company of America, one of the largest life insurancecompanies in the United States. These companies offer a variety ofproducts and services, including life insurance, mutual funds,annuities, pension and retirement related services and administration,asset management, securities brokerage, banking and trust services,real estate brokerage franchises and relocation services. For moreinformation, visit www.prudential.com.