Prudential Huntoon Paige Provides FHA Loan for Leo E. Dugan Apartments in Cuyahoga Falls, Ohio

Prudential Mortgage Capital Company announced today that it has originated a $2.3 million loan for the Leo E. Dugan Apartments, a multi-family property in Cuyahoga Falls, Ohio. Prudential originated the Federal Housing Administration (FHA) loan through its FHA lending business, Prudential Huntoon Paige. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: PRU). "It was a win-win for everyone involved,” said Martin Herz, loan officer for Prudential Huntoon Paige. "This refinance helped secure this property as a valuable resource for the senior citizens of Cuyahoga Falls, both financially and physically, by offering favorable refinancing terms through FHA’s Section 202 financing program.” Prudential Mortgage Capital Company, a national full-service, commercial and multifamily mortgage finance business, originates loans for Fannie Mae DUS™, FHA and Freddie Mac Targeted Affordable programs; the capital markets; Prudential’s general account; and other institutional investors. The company, with $54.6 billion in assets under management and administration as of June 30, 2007, offers fixed- and floating-rate loans; mezzanine, structured and bridge financing; forward commitments; affordable housing and healthcare finance. For more information, visit www.prumortgagecapital.com. Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $648 billion of assets under management as of June 30, 2007, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. For more information, please visit www.prudential.com.