2006 Supplemental Tax Information for JennisonDryden and Strategic Partners Funds

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1 2006 Supplemental Information for JennisonDryden and Strategic Partners s We have compiled the following information to help you prepare your 2006 federal and state tax returns: Percentage of income from U.S. government obligations State income tax exemption and federal alternative minimum tax percentages earned by state and U.S. territory Foreign tax credit Note For Residents of Florida or Kansas The Special Information brochures for Florida and Kansas are not being produced for For additional information about your mutual funds, call your financial professional. Table 1 Percentage of from U.S. Government Obligations Most states permit mutual fund dividends attributable to interest from U.S. government obligations to be exempt from state and local income taxes. The table shows the percentage of your fund s dividends (which are reported in Box 1a of Form 1099-DIV) that is attributable to U.S. government obligations. /Series 1 Percentage of From U.S. Govt. Obligations Cash Accumulation Trust LIQUID ASSETS FUND 2.86% NATIONAL MONEY MARKET FUND 2.55 Dryden Global Total Return, Inc Dryden Government, Inc Dryden Government Securities Trust MONEY MARKET SERIES Dryden Total Return Bond, Inc MoneyMart Assets, Inc Prudential Investment Portfolios, Inc. DRYDEN ACTIVE ALLOCATION FUND 2.30 Strategic Partners Mutual s, Inc. STRATEGIC PARTNERS BALANCED FUND STRATEGIC PARTNERS MONEY MARKET 1.37 Strategic Partners Style Specific s STRATEGIC PARTNERS TOTAL RETURN BOND FUND 2.41 Target Asset Allocation s TARGET CONSERVATIVE ALLOCATION FUND TARGET MODERATE ALLOCATION FUND The Target Portfolio Trust INTERMEDIATE-TERM BOND PORTFOLIO 9.08 INTERNATIONAL BOND PORTFOLIO TOTAL RETURN BOND PORTFOLIO U.S. GOVERNMENT MONEY MARKET PORTFOLIO Due to certain minimum portfolio holding requirements in California, Connecticut, and New York, residents of these states will not be able to exclude 2006 interest from U.S. government obligations from state and local taxes. 2 Formerly the Strategic Partners Asset Allocation s - Strategic Partners Conservative Growth. 3 Formerly the Strategic Partners Asset Allocation s - Strategic Partners Moderate Growth.

2 Table 2 State exemption and Federal Alternative Minimum Percentages A portion of interest dividends paid by the following funds during 2006 is exempt from federal income tax. Additionally, if you are a resident of the state in which the fund invests, all or a portion of your dividends may be exempt from state income tax, as indicated in the table. This percentage should be multiplied by the total exempt interest dividends paid by your fund. Please note: this information can now be found on Form 1099-INT box 8 (or substitute Form). This exemption does not apply to taxable distributions reported on Form 1099-DIV. Your exempt interest dividends, though exempt from federal income tax, are generally subject to the federal alternative minimum tax (AMT). To determine the portion of your fund s exempt interest dividends that is subject to AMT, multiply the percentage given in the table by your total exempt interest dividends paid by your fund. Please note: this information can now be found on Form 1099-INT box 9 (or substitute Form). /Series State Exemption AMT Dryden California Municipal California Series % 3.96% California Series Dryden Municipal Bond High Series Insured Series Dryden Municipal Series 5 Florida Series New Jersey Series New York Series Pennsylvania Series Dryden National Municipals, Inc Dryden -Free Money, Inc See Earned by State and U.S. Territory chart (Table 3). 4 Merged into the Dryden California Municipal /California Series on December 15, Merged into the Dryden National Municipals, Inc. on December 15, 2006.

3 Table 3 earned by State and U.S. Territory A portion of interest dividends paid by the funds listed in Table 3 is exempt from federal income tax. In addition, most states do not impose income tax on interest income derived from their own municipal bonds. The table shows the percentage of interest income from municipal bonds on an individual state and territory basis during These percentages do not apply to any taxable distribution reported on Form 1099-DIV. State/Province Dryden Municipal Dryden National Dryden -Free Money Bond Municipals, Inc., Inc. High Series Insured Series AL 0.99% 0.00% 0.59% 0.95% AK AZ AR CA CO CT DE *DC FL GA *GU HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA *PR RI SC SD TN TX UT VT *VI VA WA WV WI WY TOTAL % % % % 6 Interest is exempt from state and local taxes. 7 May tax some or all of the interest on their own obligations. *DC: District of Columbia; GU: Guam; PR: Puerto Rico; VI: Virgin Islands.

4 Table 4 Foreign Credit During 2006, the mutual funds listed in Table 4 invested primarily in foreign securities and paid foreign taxes on income received from those securities. These mutual funds, in turn, will be passing through a foreign tax credit to their shareholders for tax year If you owned shares of any of these funds in a taxable account last year, you may be able to claim the credit on your U.S. income tax return for your portion of those foreign taxes. If your fund is passing through a foreign tax credit, the amount of foreign taxes paid is reported in Box 6 of your Form 1099-DIV. If you are required to report foreign taxes paid by country, multiply your foreign taxes paid by each factor shown in the column. To calculate your foreign income by country, multiply your ordinary dividend amount (reported in Box 1a of your Form 1099-DIV) by each factor shown in the column. It should be noted that all foreign source income and foreign taxes would be eligible for treatment as qualified income, with the exception of The Target Portfolio Trust/International Equity Portfolio, which has reported 47.53% of qualified income. You can also choose to claim the amount of foreign taxes paid as an itemized deduction or put the foreign tax credit amount on line 47 of your Form Please consult your tax advisor to determine the method most appropriate for you. Country, Inc./Dryden International Equity, Inc./ Jennison Global Growth 8, Inc./Strategic Partners Intl Value Strategic Partners Mutual s, Inc./Strategic Partners Intl Growth The Target Portfolio Trust/ International Equity Portfolio Australia 5.32% 2.60% 0.00% 0.00% 4.17% 0.00% 3.13% 0.00% 3.72% 0.00% Austria Belgium Bermuda Brazil Canada Chile China Columbia Denmark Finland France Germany Greece Hong Kong India Ireland Israel Italy Japan Korea Malaysia Mexico Netherlands New Zealand Norway Portugal Russia Singapore South Africa South Korea Spain Sweden Switzerland Taiwan United Kingdom Total Foreign 99.14% % 63.20% % % % % % 99.25% % United States Total % % % % % % % % Merged into the, Inc./Dryden International Equity on December 15, Investors should consider the fund s investment objectives, risks, charges and expenses carefully before investing. The prospectus will contain this and other information about the fund. Contact your financial professional for a prospectus and read it carefully before investing.

5 Neither Prudential Financial nor its representatives offer tax advice. Please consult a tax professional if you have any questions or concerns. Prudential Financial and the Rock logo are service marks of The Prudential Insurance Company of America, Newark, NJ, and its affiliates. Shares of the s are distributed by Prudential Investment Management Services LLC, a Prudential Financial company and member SIPC. Prudential Financial and the Rock logo are service marks of The Prudential Insurance Company of America, Newark, NJ, and its affiliates. IFS-A Ed. 01/2007

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