Overall Morningstar Rating™ QQ Prudential Small Cap Core Equity A as of 03-31-11 Morningstar Return Below Average Morningstar Risk Average Out of 577 Small Blend funds. A fund's overall Morningstar Rating, based on its risk-adjusted return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for more detail. Category: Small Blend Small-blend funds favor firms at the smaller end of the market-capitalization range, and are flexible in the types of small caps they buy. Some aim to own an array of value and growth stocks while others employ a discipline that leads to holdings with valuations and growth rates close to the small-cap averages. Morningstar Style Box™ Large Med Small What is this investment's strategy? The investment seeks long-term capital appreciation. The fund normally invests at least 80% of investable assets in common stock and equity-related securities of small-cap U.S. companies. It considers small-cap companies to be those with market capitalizations like those found in the Standard & Poor's SmallCap 600 Index (S&P SmallCap 600 Index). Past name(s): Dryden Tax-Managed Small-Cap Fund. This information is from the fund's prospectus. Value Blend Growth Performance as of 03-31-11 Performance Disclosure Prudential Small Cap Core Equity A Russell 2000 TR USD Index Total Return% The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower than the performance data quoted. For performance information current to the most recent month end, please call 1-800-922-9945, or visit our website at www.troweprice.com. 40 30 26.84 25.79 20 10 3.30 8.57 0 7.61 7.87 3.35 5.29 -0.05 -10 % Fund Assets -20 Expenses (as of 02-08-11) -30 Prospectus Gross Expense Ratio Maximum Sales Charge -40 1 Year 3 Year 5 Year Total Returns as of 03-31-11 Fund Return % Standardized Return % Category Average % Index Return % 10 Year Since Inception Average annual, if greater than 1 year YTD 1 Year 3 Year 5 Year 10 Year Since Inception 8.05 2.10 7.92 7.94 26.84 19.86 25.29 25.79 3.30 1.37 8.02 8.57 -0.05 -1.18 3.12 3.35 7.61 7.01 8.50 7.87 5.29 4.85 . . .................................................................................................................................................. Q¹ Q² QQ³ . . . Morningstar Rating™ ¹(out of 577 Small Blend funds) ²(out of 487 Small Blend funds) ³(out of 285 Small Blend funds) Rating is based on a risk-adjusted return. Volatility Analysis (standard deviation relative to all funds) Best 3-month Period Worst 3-month Period (Mar '09 - May '09) (Sep '08 - Nov '08) 25.32% -37.36% Investment Low Moderate High Category Average In the past, this investment has shown a wide range of price fluctuations relative to other investments. This investment may experience significant price increases in favorable markets or undergo large price declines in adverse markets. Some of this risk may be offset by owning other investments that follow different investment strategies. Portfolio Profile as of 02-28-11 Other Information 12b-1 fee: Redemption Fees: Fund Inception Date: Total Fund Assets($mil): Ticker: 1.25 5.50 0.30% . 11-10-97 57.44 PQVAX Composition Stocks* Bonds % Assets 97.8 0.0 Cash 2.2 Other 0.0 ........................................... *Non-U.S. Stocks 0.2 (% of Stocks) Portfolio Manager(s) Ted Lockwood. B.E., SUNY–Stony Brook. M.S., Columbia University. M.B.A., Columbia University. Dan Carlucci, CFA. M.B.A., Rutgers University. B.S., Rutgers University. .................................................................................................... Management Company: Prudential Investments LLC Telephone: 800-225-1852 Type Top 10 Holdings % Assets Dryden Core Invest Oil States International, Inc. Cypress Semiconductor Corporation World Fuel Services Corporation Healthspring, Inc. 1.98 1.25 1.14 1.13 0.96 Progress Software MKS Instruments, Inc. Esterline Technologies Hittite Microwave Corporation J2 Global Communications, Inc. 0.89 0.83 0.82 0.77 0.77 Total Number of Stock Holdings Total Number of Bond Holdings Annual Turnover Ratio % 343 0 90 .............................................................................................. Morningstar Sectors Fund % S&P 500 % Cyclical Basic Materials Consumer Cyclical Financial Services Real Estate 37.72 5.31 14.34 9.72 8.35 28.50 2.96 9.25 14.67 1.62 Sensitive Communication Services Energy Industrials Technology 44.40 1.36 6.36 17.53 19.15 46.85 4.25 13.01 12.93 16.66 Defensive Consumer Defensive Healthcare Utilities 17.89 3.38 11.37 3.14 24.65 10.73 10.79 3.13 ............................................................................................................ ............................................................................................................ ............................................................................................................ ©2011 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com.