Fund Managers

Discovery Select® Variable Annuity

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Discovery Select^® Variable Annuity is no longer available for New Sales.

Discovery Select is a variable annuity contract that can help you accumulate wealth through a powerful combination of asset allocation, professional money management, and tax-deferred compounding of investment returns. By giving you access to a range of 28 investment options, including 26 variable investment options and two interest rate investment options (in most states), Discovery Select lets you find a mix of investments that is right for your retirement planning needs.

Click on any of the features listed below to find out more.

• Minimum Investment Amount
• Investment Choices
• Asset Allocation
• Enhanced Guaranteed Minimum Death Benefit
• Withdrawals
• Quarterly Reports

Minimum Investment Amount
You can add to your contract at any time with minimum subsequent payments of $1,000. Additional payments do not start a new withdrawal charge period.

Investment Choices
Discovery Select offers 28 investment options to suit a wide variety of financial goals and risk levels.1 There are 26 variable investment options from Prudential and other established money managers, including AIM Advisors, Alliance, American Century, CALAMOS, Davis, Franklin Templeton, Janus, MFS, OpCap Advisors, T. Rowe Price, and Credit Suisse Warburg Pincus Trust, as well as two interest-rate investment options (MVA option not available in all states).

The table below lists the investment options available, ranked by asset class in order of risk/return potential from highest to lowest. To learn more about each option, click the portfolio name.

Investment Category				Variable             Investment Options
			Specialty Portfolio	• SP Alliance Technology
			International Equity Portfolios	• Credit Suisse Trust Global Post-Venture Capital Portfolio • Janus Aspen Series International Growth • Prudential Global • SP Jennison International Growth • T. Rowe Price International Stock
			Small/Mid Cap Growth Portfolios	• SP INVESCO Small Company Growth • SP Prudential U.S. Emerging Growth • Franklin Small Cap Fund - 2 • SP Mid-Cap Growth • Prudential Small Capitalization Stock
			Small/Mid Cap Value Portfolios	• American Century VP Value Fund • PIMCO Advisors VIT OpCap Small Cap Portfolio • SP Small/Mid Cap Value
			Large-Cap Growth Portfolios	• MFS Emerging Growth Series • Jennison Portfolio • SP Strategic Partners Focused Growth • Jennison 20/20 Focus Portfolio • AllianceBernstein Premier Growth Portfolio • AIM V.I. Core Equity Fund • Janus Aspen Series Growth • AIM V.I. Premier Equity Fund • SP MFS Capital Opportunities • MFS Research Series • Prudential Stock Index
			Large Cap Value Portfolios	• Prudential Value • SP Large Cap Value • Davis Value Fund • Prudential Equity • T. Rowe Price Equity Income • PIMCO Advisors VIT OpCap Managed Portfolio
			Balanced Portfolio	• Prudential Diversified Conservative Growth Portfolio
			Asset Allocation Portfolios	• SP Aggressive Growth Asset Allocation • SP Growth Assett Allocation • SP Balanced Asset Allocation • SP Conservative Assett Allocation
			Fixed Income Portfolios	• Prudential High Yield Bond • Prudential Diversified Bond • SP PIMCO Total Return
			Money Market Portfolios	• Prudential Money Market Portfolio
			Interest Rate Options	– 7-Year Market Value Adjustment Option1 – 1-Year Fixed-Rate Option

Source: Prudential Investment Corporation. The illustration above shows the approximate relationship among the investment categories in terms of risk and return potential. Each portfolio incurs its own risks, and the value of each portfolio will fluctuate based on the performance of the underlying investments. Please see the prospectus for additional information about the portfolio, including risks and expenses.

Asset Allocation
Discovery Select offers an Asset Allocation program at no cost. Asset allocation² - the mix of stocks, bonds and other investments in a portfolio. To help you optimize your Discovery Select investment, a Prudential Securities Financial Advisor or Pruco Securities Registered Representative will work with you to develop an asset model that is appropriate for you.

Enhanced Guaranteed Minimum Death Benefit
To protect your beneficiaries, Discovery Select offers a Guaranteed Minimum Death Benefit³ that acts like a safety net that:

• Protects your principal investment for your beneficiaries if the annuitant should die before your annuity payout begins.
• Locks in your annuity's investment gains in a rising market.
• Protects against market downturns - your purchase payments compound daily at an effective annual rate of return of 5%, adjusted proportionally by the effect of withdrawals.⁴

Withdrawals
Withdrawals are subject to a withdrawal charge in the first seven years. In each contract year the withdrawal charge-free amount equals 10% of all purchase payments plus withdrawal charge-free amounts remaining from prior years. Withdrawals made during the accumulation phase are treated first as a taxable distribution of gain. Withdrawals made prior to age 59^1/2 may be subject to a 10% federal income tax penalty.

Quarterly Reports
You receive a personalized statement every three months with performance information for each investment in your Discovery Select account.

¹7-Year Market-Value Adjustment Option is not available to residents of Maryland, Oregon, and Washington.
²Source: Brinson, Singer and Beebower, "Determinants of Portfolio Performance II: An Update," Financial Analysts Journal, May-June, 1992.
³Restrictions apply if death occurs after age 80. Restrictions also apply to issues ages over 80. A complete description of the Guaranteed Minimum Death Benefit can be found in the prospectus.
⁴Subject to a maximum limit, or "cap." Please see the prospectus for more details. Not available in New York.

Discovery Select Variable® Annuity is issued by Pruco Life Insurance Company, except in New York where the issuer is Pruco Life Insurance Company of New Jersey. Discovery Select is offered through Prudential Investment Management Services LLC, Gateway Center Three, 14th Floor, Newark, NJ 07102-4077. All are Prudential companies. Discovery Select is a registered trademark of Prudential. Oregon contract form number VFM-96-OR.

This product may be sold only when preceded or accompanied by a current prospectus that will have more information, including charges and expenses of the Discovery Select® Variable Annuity and the variable investment options. Please read all prospectuses carefully before you invest or send money.

Prudential and Pruco Life are each solely responsible for their respective financial condition and contractual obligations. Call your Pruco Securities Registered Representative or your Prudential Securities Financial Advisor for more information on Prudential's annuity products, including prospectuses for variable annuities that detail risks, charges and expenses. Please read all prospectuses carefully before you invest or send money. Annuities have limitations. For costs and complete details of the coverage, call or write your Pruco Securities Registered Representative or your Prudential Securities Financial Advisor.