Stephen Fairn Joins Pricoa Relocation as Vice President, EMEA

"Stephen's wealth of knowledge of the international relocationindustry will be an invaluable asset to Pricoa Relocation," said JohnO'Connell, senior vice president, International Business, PricoaRelocation. "Stephen is an outstanding business strategist and has animpressive background in business development and client relations. Inaddition, Stephen possesses extremely strong leadership capabilities.We are pleased to welcome Stephen to Pricoa."

In his new position with Pricoa Financial, Fairn will haveoversight responsibility for Pricoa Relocation's existing offices andwill create a consistent and comprehensive strategy for the growth ofand continued management of the company's business within Europe, theMiddle East and Africa.

Prior to joining Prudential, Fairn, who has 15 years experience inthe human resources outsourcing and relocation industries, was theinternational sales and marketing director with Interdean Interconex,where he established and managed the company's worldwide sales andmarketing operations with employees in 43 countries. He also hasworked in Ceridian Corporation human resources application andoutsourcing business; and as a human resources assistant with Xerox inthe United Kingdom.

Prudential Relocation provides comprehensive global relocationservices to corporations worldwide. With locations in the UnitedStates, Canada, United Kingdom, France, Mexico, Hong Kong, Singapore,Taipei, Tokyo, and Shanghai, Prudential Relocation offers clients abroad menu of services critical to the relocation of clients'employees, including coordination of intra- and inter-countryrelocations, international assignment management, interculturaltraining, global business consulting, appraisal, inspection and saleof relocating employees' homes, equity advances to relocatingemployees, assistance in locating a home at the relocating employee'sdestination, global household goods moving services and clientcost-tracking and a variety of relocation policy and group moveconsulting services, and more.

Prudential Financial companies, with approximately $532 billion intotal assets under management as of December 31, 2005, serveindividual and institutional customers worldwide and include ThePrudential Insurance Company of America, one of the largest lifeinsurance companies in the United States. These companies offer avariety of products and services, including life insurance, mutualfunds, annuities, pension and retirement related services andadministration, asset management, securities brokerage, banking andtrust services, real estate brokerage franchises and relocationservices. For more information, visit www.prudentialrelocation.com.