AST PIMCO Limited Maturity Bond Portfolio

INVESTMENT OBJECTIVE
The Portfolio seeks to maximize total return consistent with preservation of capital and prudent investment management. There can be no assurance that the investment objective will be achieved.
INVESTMNET DISCIPLINE
The Portfolio will invest in a diversified portfolio of fixed-income securities of varying maturities. The average portfolio duration of the Portfolio generally will vary within a one-to three-year time frame based on the Sub-advisor's forecast for interest rates. The Portfolio may invest in foreign securities, which are subject to the risks of currency fluctuation and the impact of social, political, and economic change. The Portfolio may actively and frequently trade its portfolio securities resulting in higher transaction costs that can affect the Portfolio's performance.

Performance (As of 12/31/2009)

Performance Chart

	YTD	1-YEAR	3-YEAR	5-YEAR	10-YEAR	SINCE INCEPTION
PORTFOLIO: Cl I	10.23	10.23	5.98	4.66	5.11	5.20
M-L 1-3 YEARS TREASURY INDEX	0.78	0.78	4.86	4.04	4.48	4.97

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.

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.

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

Portfolio Data²

Inception Data-Cl I : 5/2/1995
Net Assets : $1.0 Billion
Number of Holdings : 343

Largest Holdings (% of Assets-Holdings are subject to change)²
U S TREASURY NOTE	9.3%
FIN FUT US 2YR CBT 3/31/10	7.2
LLOYDS TSB BANK PLC GOV GTD 144A	2.3
FNMA PASS THRU MTG #AC8512	2.2
FED HOME LN BK BD (1MMM)	2.0
SFEF FOR GOVT GTD 144A	1.4
FNMA PASS THRU MTG #960377	1.4
CITIGROUP INC FDIC GTD	1.1
MERRILL LYNCH & CO NT	1.0
FNMA PASS THRU MTG #928027	1.0

PORTFOLIO MANAGEMENT

Paul McCulley Mr. McCulley is a Managing Director, generalist portfolio manager, member of the investment committee and head of PIMCO’s Short-Term Desk. He also leads PIMCO’s Cyclical Economic Forum and is author of the monthly research publication Fed Focus. Mr. McCulley joined PIMCO in 1999, previously serving as Chief Economist for the Americas for UBS Warburg. During 1996-98, he was named to six seats on the Institutional Investor All-America Fixed Income Research team. He has twenty-two years of investment experience and holds a bachelor’s degree from Grinnell College and an MBA from Columbia University Graduate School of Business.

FIRM OVERVIEW

Established in 1971.
$940 billion in assets under management (as of 9/30/09).
Among the largest fixed-income managers in the world.
Demonstrated ability to protect assets in down markets and grow assets in up markets.

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 this and 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 Investment Management, Inc. (PIM) and Lipper Inc. PIM is a Prudential Financial company. Source of Sector classification: S&P/MSCI. Holdings are unaudited and subject to change. Negative holding percentages reflect outstanding trades at period end.

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.

The Merril Lynch 1-3 Year Treasury Index is a subset of the Merrill Lynch Treasury Master Index. The maturity range on these securities is from one to three years. This index is available on a monthly basis in price-only and total return versions. The value was set at 100 on 12/31/1975.

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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-A110885
Ed. 4/2009