Why is the date that counts for PESP participants earlier than for other PFI shareholders?
The Trustee only gets proxy voting rights for the number of shares the Fund actually held on April 11, 2005, which is the corporate record date for the Prudential Financial, Inc. Annual Meeting of Shareholders. April 6, 2005 was the last date for participants to execute transactions that settled (by delivery of stock to the Trustee) by April 11, 2005. Therefore, April 6 became the date used for allocating proxy voting rights among PESP participants. How do I vote? A Voting Instruction Form is enclosed. You may vote on the Internet at www.proxyvote.com, by telephone by calling 1-800-690-6903, or by returning your completed form by mail. For the Fund’s Trustee to vote on your behalf at the Prudential Financial, Inc. Annual Meeting of Shareholders on June 7, 2005, we must receive your voting instructions no later than 11:59 p.m., EDT, on June 1, 2005. How many votes do I get? You get one vote for each share of PFI Common Stock attributable to your account in the Fund. Your account balance
