Jackson Promotes Jim Binder to Senior Vice President and Treasurer

Business Wire, July 12, 2007

LANSING, Mich. -- Jackson National Life Insurance Company([R])(Jackson), has promoted Jim Binder to senior vice president and treasurer. In this role, Binder, 44, is primarily responsible for overseeing the cash management and long-term financial planning processes across the US operations of Prudential plc (NYSE:PUK), Jackson's corporate parent. Binder also serves as Jackson's chief risk officer and oversees the company's competitive financial analysis function.

In his previous position at Jackson, Binder served for five years as vice president, finance and corporate strategy, where he developed integrated financial plans and risk management strategies to guide the operation and growth of Jackson and its subsidiaries and affiliates across the US. He originally joined Jackson in 1997 as director of the company's Internal Audit division.

"Over the last 10 years, Jim has been an integral part of shaping Jackson's corporate strategy as the company has continued to strengthen its competitive position in the US retirement market, while keeping its expense ratios among the lowest in the industry," said Andy Hopping, Jackson executive vice president and chief financial officer. "Jim's strong aptitude for applying complex risk management concepts to Jackson's financial planning process will serve him well in this new role. Because of his integrity, leadership and dedication to ensuring the strength of Jackson's financial future, Jim is highly respected by his peers not only within the company, but also across the industry."

Through a disciplined approach to financial management, Jackson has established a track record of successfully outperforming its financial goals and objectives, continuously earning high financial strength ratings, and achieving above-average growth while maintaining its expense advantage.

"One of the drivers behind Jackson's evolution into a major financial institution is a reciprocal desire across our subsidiaries and affiliates to collectively share experiences and best practices, with a goal of operating more efficiently," said Binder. "I look forward to continuing to execute Jackson's long-term plans for financial growth as we seize the opportunity to meet the retirement planning needs of advisors and their clients."

Binder earned a bachelor's degree in business administration from Aquinas College and is a Certified Public Accountant. For more information on Jackson's institutional and consumer product offerings, as well as the company's financial strength ratings, please visit www.jnl.com.

About Jackson National Life Insurance Company

With more than $74 billion in assets (GAAP)(*), Jackson National Life Insurance Company (Jackson) (Home Office: Lansing, Michigan) is an industry leader in variable, fixed and fixed index annuities. The company also offers life insurance and institutional products. Jackson 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 fixed and variable annuities in the state of New York. Through its affiliates and subsidiaries, Jackson also provides asset management, retail mutual funds and retail brokerage services. For more information, visit www.jnl.com.

(*)Jackson had more than $74 billion in total GAAP assets and more than $67 billion in GAAP policy liabilities set aside to pay primarily future policyowner benefits (as of 12/31/06).

About Prudential

Prudential plc is a company incorporated in England with its head office in London, which with its affiliated companies, constitutes one of the world's leading financial services 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 had more than $490 billion in assets under management as of 12/31/06. 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.

The following cautionary statement is included to make applicable and take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, the Company. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements which are other than statements of historical facts. However, as with any projection or forecast, forward-looking statements are inherently susceptible to a number of risks and uncertainties and actual results and events could differ materially from those currently being anticipated as reflected in such forward-looking statements. There can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished.