Jackson National Life® Strengthens Corporate Giving Program; Jackson National Community Fund to Give $2 Million Over the Next Three Years

Business Wire, June 22, 2006

LANSING, Mich. -- Jackson National Life Insurance Company(R) (Jackson) today announced that it will dedicate a portion of its annual pretax profits to support community investment efforts in those locations where the company maintains a strong business presence. Through the newly formed Jackson National Community Fund (JNCF), Jackson and its employees will donate a minimum of $2 million in corporate donations and sponsorships over the next three years to community enrichment programs, institutions of higher learning and charitable organizations - with a focus on organizations, programs and events dedicated to enhancing the lives of children and the elderly.

The Jackson National Community Fund was established to strengthen Jackson's existing commitment to supporting and improving the communities in which the majority of its nearly 3,000 employees work and live - Lansing, Michigan; Denver, Colorado; Chicago, Illinois; and Santa Monica, California.

"As Jackson continues to experience growth and profitability as a company, it is important that we increase our efforts to enrich the lives of individuals and families in the communities where we operate our business," said Clark Manning, Jackson's president and chief executive officer. "Jackson has historically been a strong supporter of community organizations across the country, and through the creation of the Jackson National Community Fund, we have established a strong base from which we can grow our existing commitment to good corporate citizenship. The JNCF will provide local organizations with the support and assistance they need to continue to positively impact our communities."

The JNCF will accept applications for donations immediately. For more information about the JNCF and its application guidelines, please visit the "About JNL" section at www.jnl.com, or contact Annie Whitehouse, Jackson's Community Relations Manager, at 877-930-3843.

About Jackson National Life Insurance Company

With nearly $68 billion in assets (GAAP)(a), Jackson National Life Insurance Company(R) (Jackson) is an industry leader in the areas of variable, fixed and fixed index annuities. The company markets its products in 49 states and the District of Columbia through independent and regional broker-dealers, financial institutions and independent insurance agents. Jackson's subsidiary, Jackson National Life Insurance Company of New York(R), similarly markets products in the state of New York. Through its affiliates and subsidiaries, Jackson also provides asset management and retail brokerage services. For more information, visit www.jnl.com.

(a) As of 12/31/05. Jackson also has more than $60 billion (GAAP) in policy liabilities, which is the amount set aside to pay primarily future policyowner benefits (as of 12/31/05).

Jackson is an indirect subsidiary of Prudential plc, a company incorporated and with its principal place of business in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial service groups. It provides insurance and financial services directly and through its subsidiaries and affiliates throughout the world. It has been in existence for over 150 years and has more than $400 billion in assets under management as of December 31, 2005. Prudential plc is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.