ABOUT THE FUND

1. ASIA PROPERTY FUND Open-ended Asia-Pacific Property Fund FUND FACTSHEET  FIRST QUARTER 2007 Compass Point, Singapore INVESTMENT HIGHLIGHTS Direct Property Exposure: The Fund will invest primarily in stable, income- producing, real property assets in Asia’s major markets. Attractive Initial Portfolio: Diversified portfolio of five institutional-grade assets offering immediate exposure to four countries and three sectors in key Asia-Pacific markets. Currently valued at circa USD 600 million, the portfolio is fully leased to a diversified pool of tenants under a range of lease structures that provide a stable income profile with opportunities to capture market growth. Strong Sponsors: The Fund is jointly sponsored by two of the strongest names in global and Asia-Pacific real estate investment management – PRUPIM and LaSalle Investment Management. The sponsors’ fund and investment management capabilities benefit from the Prudential plc and Jones Lang LaSalle global platforms. Substantial Seeding Commitment: The sponsors have allocatedUSD 875 million of assets and capital to seed the Fund. Prudential’s UK Life Fund has contributed the USD 600 million seed portfolio, which will be expanded and rebalanced with a USD 275 million equity commitment from Prudential’s Asia Life Funds and LaSalle Investment Management. Track Record: The Fund’s launch marksthe expansion and continuation of PRUPIM’s and LaSalle’s five-year partnership in Asia, which resulted in gross annual returns in the high teens for the Prudential UK Life Fund since 2001. The same LaSalle investment teams will lead the acquisition and asset management functions while the same joint InvestmentCommittee will oversee the Fund’s strategy and execution. New Industry Standards: As the first open-ended real estate fund in Asia-Pacific, the Fund will set new industry standards in the region for offering monthly subscription, redemption, valuation and published NAV to global investors. The Fund is serviced regionally in partnership with the leading global property management, valuation, audit and administration providers. INITIAL PORTFOLIO OVERVIEW ABOUT THE FUND The Asia Property Fund (“the Fund”) will seek current income and long-term capital appreciation through investments in real estate across the Asia-Pacific region. The initial focus will be Japan, South Korea, Hong Kong, Singapore and Australia, but will expand as markets in the region mature. KEY TERMS OF THE FUND FOR MORE INFORMATION (Ms) Schutz Lee Head of Marketing and Investor Relations PRUPIM Singapore T: +65 6436 5300 E: asia.enquiry@prupim.com.sg W: www.prupim.com.sg Philip Levinson Director, Client Services Asia LaSalle Investment Management T: +65 6533 2443 E: philip.levinson@lasalle.com W: www.lasalle.com Sector Allocation* Geographic Allocation* * Based on valuation as at end-Jan 2007

2. ASIA PROPERTY FUND Open-ended Asia-Pacific Property Fund FUND FACTSHEET  FIRST QUARTER 2007 Northgate Building Seoul, South Korea 400 George Street Sydney, Australia ABOUT THE PARTNERS LiFung Centre Hong Kong Nara Building, Seoul, South Korea ROLES AND RESPONSIBILITIES Board of Directors Investment Committee Investment Manager LaSalle Asia Fund Administrator RBC Dexia Fund Manager PRUPIM Singapore • Strategy • Acquisitions, Asset Management and Dispositions • Asset Planning and Administration • Equity raising • Monthly Pricing • Fund Financial Administration • Taxation • Company Secretarial • Strategy • Fund Planning and Administration • Investor Reporting • Equity Raising IMPORTANT DISCLAIMER This information is provided on a private and confidential basis to potential investors in deciding if they wish to consider this investment. It must not be published, circulated, reproduced or distributed in whole or part without our written consent. This information does not constitute an offer to invest and is subject to correction, completion and amendment without notice. Any such offer. If made, will only be made by means of a private placement memorandum. Past performance and any forecasts are not necessarily indicative of the future or likely performance of the Fund, 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. • Clear roles and responsibilities, leveraging the respective strengths of the sponsors with joint input on key strategic matters • Joint representation at all decision-making levels of the Fund • This is a proven partnership that has successfully closed on 10 investments in four countries and three sectors in the region. These investments have produced gross annual returns in the high teens over the last five years to 2006