Edgar Filing: PRUDENTIAL FINANCIAL INC

Pricing Supplement Number 150 Dated October 30, 2006

CALCULATION OF REGISTRATION FEE


Title of Each Class of Securities Offered	Maximum Aggregate Offering Price(1)		Amount of Registration Fee(2)

5.200% Internotes^® Due November 15, 2011	$	1,881,000	$	201.27
6.000% Internotes^® Due November 15, 2019	$	14,017,000	$	1,499.82
6.200% Internotes^® Due November 15, 2031	$	26,690,000	$	2,855.83

TOTAL			$	4,556.92

(1)	Excludes accrued interest, if any.

(2)

Pursuant to Rule 457(p) under the Securities Act of 1933, as amended, registration fees were paid with respect to unsold securities that were previously registered pursuant to Registration Statement Nos. 333-123240, 333-123240-01 and 333-123240-02 and were carried forward. Prudential Financial is offsetting the $201.27 registration fee with respect to the $1,881,000 5.200% Internotes^® Due November 15, 2011, the $1,499.82 registration fee with respect to the $14,017,000 6.000% Internotes^® Due November 15, 2019 and the $2,855.83 registration fee with respect to the $26,690,000 6.200% Internotes^® Due November 15, 2031 offered by means of this pricing supplement against those registration fees carried forward, and $15,128.15 of the registration fees carried forward remains available for future registration fees. No additional registration fee has been paid with respect to this offering.

Prudential Financial InterNotes^®, Due One Year or More from Date of Issue

Filed under Rule 424(b)(3), Registration Statement(s) No. 333-132469, 333-132469-01 and 333-132469-02

Pricing Supplement Number 150 Dated October 30, 2006

(to Prospectus dated March 16, 2006 and Prospectus Supplement dated March 16, 2006)

Investors should read this pricing supplement in conjunction with the Prospectus and Prospectus Supplement.

CUSIP

Number

Aggregate

Principal
Amount

Selling
Price

Gross
Concession

Net

Proceeds

Coupon
Type

Coupon
Rate

Coupon
Frequency

Maturity
Date

1^st

Coupon

Date

1^st
Coupon
Amount

Survivor’s
Option

Product
Ranking

Moody’s
Rating

S & P
Rating

74432AQY9

$1,881,000.00

100.000%

1.000%

$1,862,190.00

FIXED

5.200%

SEMI-
ANNUAL

11/15/2011

5/15/2007

$27.88

YES

Senior
Unsecured
Notes

Redemption Information: Non-Callable.

Joint Lead Managers and Lead Agents: Banc of America Securities LLC, INCAPITAL, LLC Agents: A.G. Edwards & Sons, Inc., Bear, Stearns & Co., Inc., Charles Schwab & Co. Inc., Citigroup, Edward D. Jones & Co., L.P., Fidelity Capital Markets Services, Merrill Lynch & Co., Morgan Stanley, Ramirez & Co., Inc., Raymond James & Associates, Inc., RBC Dain Rauscher Inc., Muriel Siebert & Co., Inc., UBS Securities LLC, Wachovia Securities, LLC

CUSIP

Number

Aggregate

Principal
Amount

Selling
Price

Gross
Concession

Net

Proceeds

Coupon
Type

Coupon
Rate

Coupon
Frequency

Maturity
Date

1^st

Coupon

Date

1^st
Coupon
Amount

Survivor’s
Option

Product
Ranking

Moody’s
Rating

S & P
Rating

74432AQZ6

$14,017,000.00

100.000%

1.800%

$13,764,694.00

FIXED

6.000%

SEMI-
ANNUAL

11/15/2019

5/15/2007

$32.17

YES

Senior
Unsecured
Notes

Redemption Information: Callable at 100.000% on 11/15/2009 and every interest payment date thereafter.

The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring any time on or after 11/15/2009 at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.

CUSIP

Number

Aggregate

Principal
Amount

Selling
Price

Gross
Concession

Net

Proceeds

Coupon
Type

Coupon
Rate

Coupon
Frequency

Maturity
Date

1^st

Coupon

Date

1^st
Coupon
Amount

Survivor’s
Option

Product
Ranking

Moody’s
Rating

S & P
Rating

74432ARA0

$26,690,000.00

100.000%

2.500%

$26,022,750.00

FIXED

6.200%

SEMI-
ANNUAL

11/15/2031

5/15/2007

$33.24

YES

Senior
Unsecured
Notes

Redemption Information: Callable at 100.000% on 11/15/2011 and every interest payment date thereafter.

The Prudential Financial, Inc. InterNotes will be subject to redemption at the option of Prudential Financial, Inc., in whole on the interest payment date occurring any time on or after 11/15/2011 at a redemption price equal to 100% of the principal amount of the Prudential Financial, Inc. InterNotes, plus accrued interest thereon, if any, upon at least 30 days’ prior notice to the noteholder and the trustee, as described in the prospectus.

Prudential Financial, Inc.

Offering Dates: October 23, 2006 through October 30, 2006

Trade Date: Monday, October 30, 2006 @12:00 PM ET

Settlement Date: Thursday, November 02, 2006

Minimum Denomination/Increments: $1,000.00/$1,000.00

Initial trades settle flat and clear SDFS:

DTC Book Entry only

DTC number: 0235 via RBC Dain Rauscher Inc.

If the maturity date or an interest payment date for any note is not a Business Day (as defined in the Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date.

The Prudential Financial, Inc. InterNotes will be represented by a master global note in fully registered form, without coupons. The master global note will be deposited with, or on behalf of, DTC and registered in the name of a nominee of DTC, as depository, or another depository as may be named in a subsequent pricing supplement.

Prudential Financial, Inc. $2,500,000,000.00

Prudential Financial Retail

Medium-Term Notes, including Prudential

Financial InterNotes^®

Prospectus dated March 16, 2006 and the

Prospectus Supplement dated March 16, 2006