Strategic Partners Small Cap Value Fund Adds Two Managers

"While other mutual fund companies are closing their small capfunds because of capacity issues, we are adding two highly regardedsmall cap managers to the already attractive Strategic Partners SmallCap Value Fund," said Brian Ahrens Director, investment managerresearch for Prudential Investments' Strategic Investment ResearchGroup. "In an investment environment where choices are already limitedfor investors wishing to invest in small cap funds, we believe that byeffectively pairing two or more managers together we can provideadditional capacity without adversely affecting the integrity of thefund."

The Strategic Partners family addresses a wide range of needs byoffering an array of choices across the investment spectrum. Some ofthe funds use more than one manager to take advantage of complementaryinvestment styles. This "multimanager" or manager-of-managers approachis often used to smooth out fluctuations in performance withoutsacrificing the potential for higher returns.

Strategic Partners is Prudential's subadvised fund familyfeaturing unaffiliated managers selected from across the investmentindustry. Managers are chosen and monitored based on an in-depthevaluation process by Prudential's Strategic Investment ResearchGroup, a group of experienced professional investment analysts.

Shares of Strategic Partners mutual funds are distributed byPrudential Investment Management Services LLC, a Prudential Financialcompany and member SIPC.

For more information about Strategic Partners mutual funds, callyour financial professional for a prospectus. Investors shouldconsider the fund's investment objectives, risks, charges and expensescarefully before investing. The prospectus contains this and otherinformation about the investment company. Contact your financialprofessional for a prospectus. You should read the prospectuscarefully before investing.

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.

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