Pruco Life's
Discovery Choice® Variable Annuity
Monthly Performance Review - 3/31/2005
Past performance does not guarantee future results. Current performance may be lower or higher than the past performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost. The most recent month end performance is available at www.prudential.com.
 Average Annual Total Returns
 Standardized Return1 as of 3/31/2005Standardized Return2 as of 3/31/2005
Investment Option SubaccountsInception
Date
YTD
%
1 Yr
%
3 Yrs
%
5 Yrs
%
10 Yrs
%
Since
Inception
%
Inception
Date
1 Yr
%
5 Yrs
%
10 Yrs/
Since
Inception
%
Specialty:           
SP Technology*09/22/00-8.29-9.65-8.07N/AN/A-17.8909/22/00-14.45N/A-18.43
International Equity:           
Credit Suisse Trust Global Post-Venture Capital09/30/96-0.269.494.08-11.93N/A1.7309/30/964.69-12.201.73
Janus Aspen Series International Growth07/16/950.246.435.23-8.88N/A10.7007/16/951.63-9.1110.70
SP William Blair International Growth*09/22/00-1.847.485.42N/AN/A-9.8709/22/002.68N/A-10.26
Prudential Global07/16/95-2.172.611.36-8.61N/A5.0107/16/95-2.19-8.845.01
T. Rowe Price International Stock07/16/95-1.097.394.50-6.49N/A2.8407/16/952.59-6.702.84
Small-/Mid-Cap Growth:           
Franklin Small Cap Fund--Class 209/01/98-4.511.820.62-8.78N/A5.5609/01/98-2.98-9.015.52
SP Prudential U.S. Emerging Growth09/22/00-3.6710.695.21N/AN/A-6.6909/22/005.89N/A-7.03
SP State Street Research Small Cap Growth*09/22/00-4.52-9.99-2.61N/AN/A-11.6609/22/00-14.79N/A-12.08
SP Mid Cap Growth09/22/00-5.736.32-3.98N/AN/A-10.2009/22/001.52N/A-10.59
Prudential Small Capitalization Stock07/16/95-2.5110.988.007.94N/A10.9907/16/956.187.8210.99
Small-/Mid-Cap Value:           
SP Goldman Sachs Small Cap Value*09/22/00-4.039.425.78N/AN/A7.6909/22/004.62N/A7.48
PIMCO Advisors VIT OpCap Small Cap07/16/95-10.05-2.451.9810.76N/A8.9107/16/95-7.2510.668.91
American Century VP Value05/01/96-1.208.415.9910.18N/A9.3205/01/963.6110.079.32
Large-Cap Growth:           
MFS® Emerging Growth Series07/24/95-5.981.17-2.32-16.10N/A5.6807/24/95-3.63-16.425.68
SP MFS Capital Opportunities09/22/00-4.045.18-1.55N/AN/A-9.2709/22/000.38N/A-9.65
Jennison07/16/95-5.661.06-2.78-12.28N/A6.2807/16/95-3.74-12.566.28
SP Strategic Partners Focused Growth09/22/00-7.041.41-1.56N/AN/A-10.3009/22/00-3.39N/A-10.69
AllianceBernstein Premier Growth07/14/99-6.83-1.02-4.06-13.25N/A-8.9007/14/99-5.82-13.54-9.12
AIM V.I. Core Equity07/16/95-0.976.272.52-8.44N/A6.7607/16/951.47-8.676.76
Janus Aspen Series Growth07/16/95-2.982.46-1.97-11.57N/A6.2107/16/95-2.34-11.846.21
MFSr Research Series07/24/95-1.858.600.90-7.29N/A5.9607/24/953.80-7.505.96
AIM V.I. Premier Equity07/16/95-1.612.31-3.33-10.70N/A4.7107/16/95-2.49-10.964.71
Jennison 20/20 Focus05/01/99-0.7311.163.880.45N/A2.9805/01/996.360.292.86
Prudential Stock Index07/16/95-2.574.800.96-4.75N/A8.3007/16/950.00-4.948.30
Large-Cap Value:           
Prudential Value07/16/950.8010.543.535.39N/A8.7807/16/955.745.268.78
Prudential Equity07/16/95-2.963.921.47-0.50N/A6.2007/16/95-0.88-0.666.20
Davis Value07/01/99-0.436.535.550.10N/A1.9407/01/991.73-0.061.82
SP Large Cap Value09/22/00-0.9611.934.97N/AN/A2.4209/22/007.13N/A2.17
T. Rowe Price Equity Income07/16/95-1.0510.434.306.43N/A9.8907/16/955.636.309.89
PIMCO Advisors VIT OpCap Managed07/16/95-0.326.292.102.12N/A7.0507/16/951.491.977.05
Balanced:           
Prudential Diversified Conservative Growth05/01/99-1.903.294.913.13N/A3.8805/01/99-1.512.983.77
Fixed Income:           
Prudential High Yield Bond07/16/95-1.885.229.003.57N/A4.4907/16/950.423.434.49
Prudential Diversified Bond07/16/95-0.850.785.195.24N/A5.0107/16/95-4.025.115.01
SP PIMCO Total Return09/22/00-0.880.494.95N/AN/A5.9809/22/00-4.31N/A5.77
Money Market:           
Prudential Money Market
7-Day Current Net Yield as of 3/31/2005: 0.76 %
07/16/950.17-0.06-0.261.10N/A2.4407/16/95-4.860.952.44
Profile Portfolios:           
SP Aggressive Growth Asset Allocation09/22/00-6.791.862.19N/AN/A-4.9609/22/00-2.94N/A-5.28
SP Growth Asset Allocation09/22/00-2.325.724.28N/AN/A-1.6509/22/000.92N/A-1.93
SP Balanced Asset Allocation09/22/00-2.014.524.50N/AN/A0.6609/22/00-0.28N/A0.40
SP Conservative Asset Allocation09/22/00-1.573.284.24N/AN/A2.3909/22/00-1.52N/A2.15
 
1The average annual total returns reflect the reinvestment of all dividends and capital gains, and the deduction of investment management fees, expenses, and product-related charges. The standardized returns are based on the Enhanced Death Benefit option. For these returns, we assume, hypothetically, that the contract was invested in each underlying portfolio from the date that the portfolio was first made available through the separate account that supports your annuity contract. As disclosed in the prospectus, withdrawal charges do not apply to this product.
2The SEC-standardized returns are based on the Base Death Benefit option and are calculated from the date the portfolio was first made available through the separate account that supports your annuity contract. As disclosed in the prospectus, withdrawal charges do not apply to this product.
An investment in the Prudential Series Fund Money Market Portfolio is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Portfolio seeks to preserve the value of your investment at $10.00 per share, it is possible to lose money by investing in the Portfolio. The yield quotation more closely reflects the current earnings of the Money Market Portfolio than the total return quotation. The seven day current net yield is based on the maximum insurance and administrative cost of 1.65%.
THIS MATERIAL MUST BE PRECEDED OR ACCOMPANIED BY A CURRENT PROSPECTUS AND PRODUCT MATERIAL (Product brochure/Information or Illustration). The standardized and non-standardized returns depicted above do not include the effect of charges for optional insurance features that may be available such as the guaranteed minimum income benefit, and if such charges were deducted, performance would be reduced.
Investors should consider the contract and the underlying portfolios' investment objectives, risks, and charges and expenses carefully before investing. The contract's prospectus and the underlying portfolio prospectus contain information relating to investment objectives, risks, and charges and expenses as well as other important information. You should read the prospectuses carefully before investing.
*The SP Technology subaccount was formerly known as SP Alliance Technology. The SP Goldman Sachs Small Cap Value subaccount was formerly known as SP Small/Mid Cap Value. The SP William Blair International Growth subaccount was formerly known as SP Jennison International Growth. The State Street Research Small Cap Growth subaccount was formerly known as SP INVESCO Small Company Growth.
With respect to the SP Portfolios of The Prudential Series Fund, Inc., the Portfolio's investment manager (Prudential Investments LLC) is absorbing a portion of the expenses of certain portfolios. That expense absorption may be discontinued at any time. Absent such expense absorption, the performance quoted would be lower. Performance returns without the expense absorption are available without charge upon request from your variable life and variable annuity customer service call centers.
On September 16, 1994, an investment company which had commenced operations on August 1, 1988, called Quest for Value Accumulation Trust (the "Old Trust"), was effectively divided into two investment funds, The Old Trust and the present PIMCO Advisors VIT, formerly called the OCC Accumulation Trust (the "Present Trust") at which time the Present Trust commenced operations. The total net assets of the Managed Portfolio immediately after the transaction were $682,601,380 in the Old Trust and $51,345,102 in the Present Trust. For the period prior to September 16, 1994, the performance figures for the Managed Portfolio of the Present Trust reflect the performance of the Managed Portfolio of the Old Trust.
The Discovery Choice® Variable Annuity with the Basic Death Benefit has an insurance and administrative cost of 1.35%. If the optional Enhanced Death Benefit option is selected, the fee is an additional 0.30%.
Annuities have limitations and withdrawal charges. Your licensed financial professional will be glad to provide you with costs and complete details.
The Prudential Series Fund investment portfolios are available to the public only through variable life and variable annuity contracts. The performance of these portfolios is not related to that of any other retail mutual funds, despite any similarities in their names, investment objectives or policies.
Discovery Choice® Variable Annuity is a variable annuity issued by Pruco Life Insurance Company (except in New York, where it is issued by Pruco Life Insurance Company of New Jersey) and distributed by Prudential Investment Management Services LLC (member SIPC). Both Pruco Life companies are located at 213 Washington Street, Newark, New Jersey 07102-2992, and Prudential Investment Management Services LLC is located at Three Gateway Center, 14th Floor, Newark, NJ 07102-4077. All are Prudential Financial companies. Each company is solely responsible for its own respective financial conditions and contractual obligations. Prudential Financial and the Rock logo are registered service marks of The Prudential Insurance Company of America, Newark, NJ, and its affiliates.
Discovery Choicer is a registered service mark of The Prudential Insurance Company of America.
The policy contract number for Discovery Choice® Variable Annuity is VFLX-99-OR.
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DISCH1 IFS-A059444
Edition 5/2004