SP Balanced Asset Allocation Portfolio

INVESTMENT OBJECTIVE
Seeks to provide a balance between current income and growth of capital. There can be no assurance that the investment objective will be achieved.
INVESTMENT DISCIPLINE
The Portfolio invests in several other Prudential Series Fund Portfolios, which currently consist of fixed income Portfolios, domestic equity Portfolios, and international equity Portfolios. The fixed income component is approximately 37% of the Portfolio, the domestic equity component is approximately 45% of the Portfolio, and the international equity component is approximately 18% of the Portfolio. Foreign investments are subject to the risks of currency fluctuation and the impact of social, political, and economic change. Small and medium-size companies may have limited marketability, and may be subject to more erratic or abrupt market movements than large-cap stocks. High yield bonds, also known as "junk bonds," are subject to greater credit and market liquidity risks. All of these risks may result in greater share price volatility.

Performance (As of 12/31/2009)

Performance Chart

	YTD	1-YEAR	3-YEAR	5-YEAR	10-YEAR	SINCE INCEPTION
S&P 500 INDEX	26.47	26.47	-5.62	0.42	-0.95	N/A
BALANCED AA CUSTOM BLENDED INDEX	19.99	19.99	-0.47	3.20	2.98	N/A
LIPPER MIXED ASSET ALLOC. GROWTH FUNDS AVERAGE	24.27	24.27	-2.28	2.21	1.84	N/A

PAST PERFORMANCE DOES NOT GUARANTEE FUTURE RESULTS. 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. CURRENT PERFORMANCE MAY BE LOWER OR HIGHER THAN THE PAST PERFORMANCE DATA QUOTED. PERFORMANCE INFORMATION AS OF THE MOST RECENT MONTH-END IS AVAILABLE AT WWW.PRUDENTIAL.COM.

Fund Facts & Holdings (As of 12/31/2009 unless noted otherwise)

Portfolio Data²

Inception Date : 9/22/2000
Net Assets :

Asset Allocation

PORTFOLIO ALLOCATION

Each Asset Allocation Portfolio currently invests its assets in shares of underlying Portfolios according to certain target percentages. The target percentages for the SP Balanced Asset Allocation Portfolio are set forth below. Periodically, Prudential Investments LLC ("PI") will rebalance each Asset Allocation Portfolio, to bring the Portfolio's holdings in line with the applicable target percentages. PI expects that the rebalancing will occur on a monthly basis, although the rebalancing may occur less frequently.

With respect to each of the four Asset Allocation Portfolios, PI reserves the right to alter the applicable percentage allocations and/or the underlying Portfolios in which the Asset Allocation Portfolio invests if market conditions warrant. Although we will make every effort to meet each Asset Allocation Portfolio's investment objective, we can't guarantee success.

20% - Jennison Portfolio
22% - AST Large Cap Value Portfolio
1.5% - AST Small Cap Growth Portfolio
1.5% - SP Small Cap Value Portfolio
30% - SP PIMCO Total Return Portfolio
3% - SP PIMCO High Yield Portfolio
4% - Money Market Portfolio
9% - SP International Value Portfolio
9% - SP International Growth Portfolio

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 portfolios' prospectus contain information relating to investment objectives, risks, and charges and expenses as well as other important information. Read them carefully before investing or sending money.

FOR USE WITH THE PUBLIC ONLY WHEN PRECEDED OR ACCOMPANIED BY A CURRENT VARIABLE PRODUCT PROSPECTUS, PRODUCT MATERIAL (product brochure or illustration) AND THE CURRENT MONTHLY PERFORMANCE REVIEW FOR THE SPECIFIC PRODUCT.

²Source: Prudential Investments LLC. Holdings are unaudited and subject to change.

Unless noted otherwise, Lipper Average and Index returns reflect performance beginning the closest month-end date to the Portfolio's inception.

The S&P 500 Index is an unmanaged, market value-weighted index of 500 stocks generally representative of the broad stock market.

The Balanced AA Custom Blended Index consists of the Russell 3000 Index (48%), the Barclays Capital Aggregate Bond Index (40%), and the MSCI EAFE Index (12%).

The rates of return reflect the reinvestment of all dividends and capital gains, and the deduction of investment management fees and expenses. They do not reflect charges specific to your contract such as cost of insurance, mortality and expense risk charges, riders and sales charges. If they did, the performance quoted would be significantly lower. For the specific charges and expenses associated with your product, please refer to the prospectus. Returns of less than one year are not annualized. For variable life insurance products, refer to the hypothetical illustrations in the prospectus, which show the effect on performance of various assumptions regarding the cost of insurance protection. You may also obtain a personalized illustration of historical performance, which reflects the cost of your policy's insurance protection.

The Lipper (VIP) Mixed Asset Allocation Growth Funds Average is calculated by Lipper Analytical Services, Inc., and reflect Funds that, by portfolio practice, maintain a mix of between 60%-80% equity securities, with the remainder invested in bonds, cash, and cash equivalents. These returns are net of investment fees and fund expenses, but not product charges. Investors cannot invest directly in a market index or average.

Variable life insurance and variable annuities are issued by The Prudential Insurance Company of America, Newark, NJ, Pruco Life Insurance Company, Pruco Life Insurance Company of New Jersey, both located in Newark, NJ, or Prudential Annuities Life Assurance Corporation, Shelton, CT. Variable life insurance is distributed by Pruco Securities LLC, Newark, NJ. Variable annuities are distributed by Prudential Annuities Distributors, Inc., Shelton, CT. Both are members SIPC. All are Prudential Financial companies. Each company is solely responsible for their own respective financial conditions and contractual obligations.

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Prudential is authorized to transact business in all U.S. states and the District of Columbia. Product availability varies by state. © Copyright 2002 Prudential Financial, Inc., Newark, NJ, USA. All rights reserved.

IFS-A133717
Ed. 1/2009