Prudential Jennison Mid-cap Growth Fund NPX Annual report of proxy voting record

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-07811

Jennison U.S. Emerging Growth Fund, Inc.

(Exact name of registrant as specified in charter)

100 Mulberry Street, Gateway Center Three, 4^th Floor, Newark, NJ 07102

(Address of principal executive offices) (Zip Code)

Lori E. Bostrom, Esq.

(Name and address of agent for service)

Registrant’s telephone number, including area code: 973-802-2991

Date of fiscal year-end: October 31, 2004

Date of reporting period: June 30, 2004

Item 1. Proxy Voting Record

In determining votes against management, any ballot that management did not make a recommendation is considered to be ‘FOR’ regardless of the vote cast. Any ‘Abstain’ vote cast is considered as voted, and to be against the management recommendation.

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: Jennison U.S. Emerging Growth Fund, Inc. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Adobe Systems

ADBE

00724F101

4/28/04

Annual

Adviser: Jennison Associates

1.00 Elect Charles M. Geschke

MGMT

YES

FOR

1.00 Elect Michael R. Cannon

MGMT

YES

FOR

1.00 Elect James E. Daley

MGMT

YES

FOR

1.00 Elect Bruce R. Chizen

MGMT

YES

FOR

1.00 Elect Delbert W. Yocam

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

4.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Advanced Fibre Communications Inc

AFCI

00754A105

5/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Frank Ianna

MGMT

YES

FOR

1.00 Elect Ruann F. Ernst

MGMT

YES

FOR

1.00 Elect John A. Schofield

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Agere Systems

AGR

00845V100

2/19/04

Annual

Adviser: Jennison Associates

1.00 Elect John T. Dickson

MGMT

YES

FOR

1.00 Elect Richard L. Clemmer

MGMT

YES

FOR

Agilent Technologies

00846U101

3/2/04

Annual

Adviser: Jennison Associates

1.00 Elect Robert L. Joss

MGMT

YES

FOR

1.00 Elect Walter B. Hewlett

MGMT

YES

FOR

1.00 Elect James G. Cullen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 1 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Akamai Technologies

AKAM

00971T101

5/25/04

Annual

Adviser: Jennison Associates

1.00 Elect Ronald Graham

MGMT

YES

FOR

1.00 Elect F. Thomson Leighton

MGMT

YES

FOR

1.00 Elect Naomi O. Seligman

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Alamosa Holdings

ALMO

011589108

6/2/04

Annual

Adviser: Jennison Associates

1.00 Elect Ray M. Clapp Jr.

MGMT

YES

FOR

1.00 Elect John F. Otto, Jr.

MGMT

YES

FOR

1.00 Elect Jimmy R. White

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Allergan

AGN

018490102

4/28/04

Annual

Adviser: Jennison Associates

1.00 Elect Handel E. Evans

MGMT

YES

FOR

1.00 Elect Michael R. Gallagher

MGMT

YES

FOR

1.00 Elect Gavin S. Herbert

MGMT

YES

FOR

1.00 Elect Stephen J. Ryan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Amdocs

DOX

G02602103

1/22/04

Annual

Adviser: Jennison Associates

1.00 Election of Directors by Slate

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Page 2 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Amis Holdings

AMIS

031538101

6/10/04

Annual

Adviser: Jennison Associates

1.00 Elect S. Atiq Raza

MGMT

YES

FOR

1.00 Elect Gregory L. Williams

MGMT

YES

FOR

1.00 Elect James A. Urry

MGMT

YES

FOR

1.00 Elect David Stanton

MGMT

YES

AGNST

1.00 Elect Colin L. Slade

MGMT

YES

FOR

1.00 Elect Paul C. Schorr IV

MGMT

YES

FOR

1.00 Elect David M. Rickey

MGMT

YES

FOR

1.00 Elect Christine King

MGMT

YES

FOR

1.00 Elect Dipanjan Deb

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Amphenol Corp

APH

032095101

5/26/04

Annual

Adviser: Jennison Associates

1.00 Elect Michael W. Michelson

MGMT

YES

FOR

1.00 Elect Andrew E. Lietz

MGMT

YES

FOR

1.00 Elect Martin H. Loeffler

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

5.00 Approve Annual Bonus Plan

MGMT

YES

AGNST

Angiotech Pharmaceuticals

#Null#

2135472

1/20/04

Special

Adviser: Jennison Associates

1.00 Approve Stock Split

MGMT

YES

FOR

2.00 Approve Outside Directors Stock Option Plan

MGMT

YES

FOR

2.00 Approve Stock Option Plan

MGMT

YES

FOR

Page 3 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Angiotech Pharmaceuticals

ANPI

034918102

6/10/04

Annual

Adviser: Jennison Associates

1.00 Amend Board/Supervisory Board Size

MGMT

YES

FOR

2.00 Elect Glen D. Nelson

MGMT

YES

FOR

2.00 Elect Arthur H. Willms

MGMT

YES

FOR

2.00 Elect Edward M. Brown

MGMT

YES

FOR

2.00 Elect Hartley T. Richardson

MGMT

YES

FOR

2.00 Elect David T. Howard

MGMT

YES

FOR

2.00 Elect William L. Hunter

MGMT

YES

FOR

3.00 Appoint Outside Auditors

MGMT

YES

FOR

4.00 Set Auditors’ Fees

MGMT

YES

FOR

5.00 Amend Share Repurchase Authority

MGMT

YES

FOR

5.00 Amend Supermajority Requirement

MGMT

YES

FOR

6.00 Increase Authorized Capital

MGMT

YES

FOR

7.00 Amend Articles—Technical

MGMT

YES

FOR

7.00 Amend Borrowing Powers

MGMT

YES

FOR

7.00 Amend Board Powers/Procedures/Qualifications

MGMT

YES

FOR

Antigenics

AGEN

037032109

5/26/04

Annual

Adviser: Jennison Associates

1.00 Elect Frank V. Atlee III

MGMT

YES

FOR

1.00 Elect Noubar Afeyan

MGMT

YES

FOR

1.00 Elect Pramod K. Srivastava

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

Applera

ABI

038020103

10/16/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 4 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ask Jeeves

ASKJ

045174109

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect A. George Battle

MGMT

YES

FOR

1.00 Elect Steven Berkowitz

MGMT

YES

FOR

1.00 Elect Garrett P. Gruener

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Autoliv

ALV

052800109

4/27/04

Annual

Adviser: Jennison Associates

1.00 Elect Per Olof Aronson

MGMT

YES

FOR

1.00 Elect Lars Westerberg

MGMT

YES

FOR

1.00 Elect Walter Kunerth

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Barr Laboratories

BRL

068306109

10/23/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Approve Reincorporation

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

BEA Systems

BEAS

073325102

7/11/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 5 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Biovail Corporation International

BVF

09067J109

6/25/04

Annual

Adviser: Jennison Associates

1.00 Elect Michael Van Every

MGMT

YES

FOR

1.00 Elect Rolf K. Reininghaus

MGMT

YES

FOR

1.00 Elect Eugene N. Melnyk

MGMT

YES

FOR

1.00 Elect Winfred G. Bristow

MGMT

YES

FOR

1.00 Elect Roger D. Rowan

MGMT

YES

FOR

1.00 Elect Sheldon Plener

MGMT

YES

FOR

1.00 Elect Laurence E. Paul

MGMT

YES

FOR

2.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

3.00 Approve Stock Option Plan

MGMT

YES

FOR

BJ Services

BJS

055482103

1/22/04

Annual

Adviser: Jennison Associates

1.00 Elect William H. White

MGMT

YES

FOR

1.00 Elect Don D. Jordan

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Develop/report On Country Selection Standards

MGMT

YES

AGNST

FOR

Brinker International

EAT

109641100

11/13/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

FOR

Caremark Rx

CMX

141705103

3/22/04

Special

Adviser: Jennison Associates

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

2.00 Approve Common Stock Issuance

MGMT

YES

FOR

3.00 Increase Authorized Preferred Stock

MGMT

YES

AGNST

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

FOR

Page 6 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Caremark Rx

CMX

141705103

5/4/04

Annual

Adviser: Jennison Associates

1.00 Elect Edwin M. Banks

MGMT

YES

FOR

1.00 Elect Jean-Pierre Millon

MGMT

YES

FOR

1.00 Elect Roger L. Headrick

MGMT

YES

FOR

1.00 Elect Colleen Conway-Welch

MGMT

YES

FOR

CDW Corp.

CDWC

12512N105

5/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Brian E. Williams

MGMT

YES

FOR

1.00 Elect Michelle L. Collins

MGMT

YES

FOR

1.00 Elect John A. Edwardson

MGMT

YES

FOR

1.00 Elect Daniel S. Goldin

MGMT

YES

FOR

1.00 Elect Donald P. Jacobs

MGMT

YES

FOR

1.00 Elect Michael P. Krasny

MGMT

YES

FOR

1.00 Elect Casey G. Cowell

MGMT

YES

FOR

1.00 Elect Susan D. Wellington

MGMT

YES

FOR

1.00 Elect Terry L. Lengfelder

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

Page 7 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Celgene

CELG

151020104

6/15/04

Annual

Adviser: Jennison Associates

1.00 Elect Robert J. Hugin

MGMT

YES

FOR

1.00 Elect Walter L. Robb

MGMT

YES

FOR

1.00 Elect Sol J. Barer

MGMT

YES

FOR

1.00 Elect Jack L. Bowman

MGMT

YES

FOR

1.00 Elect Frank T. Cary

MGMT

YES

FOR

1.00 Elect Michael D. Casey

MGMT

YES

FOR

1.00 Elect Richard C.E. Morgan

MGMT

YES

FOR

1.00 Elect Gilla Kaplan

MGMT

YES

FOR

1.00 Elect Arthur H. Hayes Jr.

MGMT

YES

FOR

1.00 Elect John W. Jackson

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Check Point Software Technologies

CHKP

M22465104

6/30/04

Annual

Adviser: Jennison Associates

1.00 Elect Marius Nacht

MGMT

YES

AGNST

1.00 Elect David Rubner

MGMT

YES

AGNST

1.00 Elect Gil Shwed

MGMT

YES

AGNST

1.00 Elect Dr. Tal Shavit

MGMT

YES

AGNST

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

4.00 Amend Outside Directors Stock Option Plan

MGMT

YES

FOR

5.00 Approve Stock Option Grants

MGMT

YES

FOR

Checkfree

CKFR

162813109

10/29/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 SP-Board Inclusiveness

SHLDR

YES

FOR

AGNST

Page 8 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Chico’s FAS Inc

CHS

168615102

6/22/04

Annual

Adviser: Jennison Associates

1.00 Elect Helene B. Gralnick

MGMT

YES

FOR

1.00 Elect Scott A. Edmonds

MGMT

YES

FOR

1.00 Elect Betsy S. Atkins

MGMT

YES

FOR

1.00 Elect Verna K. Gibson

MGMT

YES

FOR

2.00 Approve Board Size

MGMT

YES

FOR

3.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

ChoicePoint

CPS

170388102

4/29/04

Annual

Adviser: Jennison Associates

1.00 Elect Thomas M. Coughlin

MGMT

YES

FOR

1.00 Elect Derek V. Smith

MGMT

YES

FOR

1.00 Elect John B. McCoy

MGMT

YES

FOR

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

CNET Networks

CNET

12613R104

5/4/04

Annual

Adviser: Jennison Associates

1.00 Elect Jarl Mohn

MGMT

YES

FOR

1.00 Elect John C. Colligan

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 9 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Cognos Inc

#Null#

19244C109

6/23/04

Annual

Adviser: Jennison Associates

1.00 Elect John J. Rando

MGMT

YES

FOR

1.00 Elect Bill V. Russell

MGMT

YES

FOR

1.00 Elect James M. Tory

MGMT

YES

FOR

1.00 Elect Renato Zambonini

MGMT

YES

FOR

1.00 Elect Robert W. Korthals

MGMT

YES

FOR

1.00 Elect John E. Caldwell

MGMT

YES

FOR

1.00 Elect Robert G. Ashe

MGMT

YES

FOR

1.00 Elect Pierre Y. DuCros

MGMT

YES

FOR

1.00 Elect Paul D. Damp

MGMT

YES

FOR

2.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Cancel Authorized Stock

MGMT

YES

FOR

Comverse Technology Inc

CMVT

205862402

6/15/04

Annual

Adviser: Jennison Associates

1.00 Elect Raz Alon

MGMT

YES

FOR

1.00 Elect Kobi Alexander

MGMT

YES

FOR

1.00 Elect William F. Sorin

MGMT

YES

FOR

1.00 Elect Ron Hiram

MGMT

YES

FOR

1.00 Elect John H. Friedman

MGMT

YES

FOR

1.00 Elect Sam Oolie

MGMT

YES

FOR

1.00 Elect Itsik Danziger

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 10 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

CoStar Group

CSGP

22160N109

6/9/04

Annual

Adviser: Jennison Associates

1.00 Elect Christopher J. Nassetta

MGMT

YES

FOR

1.00 Elect Warren H. Haber

MGMT

YES

FOR

1.00 Elect Josiah O. Low III

MGMT

YES

FOR

1.00 Elect David Bonderman

MGMT

YES

FOR

1.00 Elect Michael R. Klein

MGMT

YES

FOR

1.00 Elect Catherine B. Reynolds

MGMT

YES

FOR

1.00 Elect Andrew C. Florance

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Doubleclick

DCLK

258609304

6/7/04

Annual

Adviser: Jennison Associates

1.00 Elect Mark E. Nunnelly

MGMT

YES

FOR

1.00 Elect Kevin J. O’Connor

MGMT

YES

FOR

1.00 Elect Thomas S. Murphy

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

E Trade Financial Corp

269246104

5/27/04

Annual

Adviser: Jennison Associates

1.00 Elect Donna L. Weaver

MGMT

YES

FOR

1.00 Elect Ronald D. Fisher

MGMT

YES

FOR

1.00 Elect George Hayter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 11 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Elan Corp PLC

ELN

284131208

6/17/04

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Elect Brenden E. Boushel

MGMT

YES

FOR

3.00 Elect John Groom

MGMT

YES

FOR

4.00 Elect Kyran McLaughlin

MGMT

YES

FOR

5.00 Elect Dennis J. Selkoe

MGMT

YES

FOR

6.00 Elect Daniel P. Tully

MGMT

YES

FOR

7.00 Set Auditors’ Fees

MGMT

YES

FOR

8.00 Approve Directors for Stock Opt/Purchase Plan

MGMT

YES

FOR

9.00 Approve Executive Profit Sharing/Bonus Plan

MGMT

YES

FOR

10.00 Approve Stock Purchase Plan/SAYE/AESOP

MGMT

YES

FOR

11.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

12.00 Increase Authorized Capital

MGMT

YES

FOR

13.00 Amend Articles for Capital Increase/Decrease

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

15.00 Authorize Share Repurchase

MGMT

YES

FOR

16.00 Reissuance of Shares/Treasury Stock

MGMT

YES

FOR

Entercom Communications Corp

ETM

293639100

5/13/04

Annual

Adviser: Jennison Associates

1.00 Elect David J. Berkman

MGMT

YES

FOR

1.00 Elect Daniel E. Gold

MGMT

YES

FOR

2.00 Elect David J. Field

MGMT

YES

FOR

2.00 Elect Robert S. Wiesenthal

MGMT

YES

FOR

2.00 Elect John C. Donlevie

MGMT

YES

FOR

2.00 Elect Edward H. West

MGMT

YES

FOR

2.00 Elect Joseph M. Field

MGMT

YES

FOR

Expedia

EXPE

302125109

8/8/03

Special

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Page 12 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Fastenal

FAST

311900104

4/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Michael M. Gostomski

MGMT

YES

FOR

1.00 Elect Stephen M. Slaggie

MGMT

YES

FOR

1.00 Elect John D. Remick

MGMT

YES

FOR

1.00 Elect Willard D. Oberton

MGMT

YES

FOR

1.00 Elect Robert A. Hansen

MGMT

YES

FOR

1.00 Elect Henry K. McConnon

MGMT

YES

FOR

1.00 Elect Michael J. Dolan

MGMT

YES

FOR

1.00 Elect Reyne K. Wisecup

MGMT

YES

FOR

1.00 Elect Robert A. Kierlin

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Fiserv

FISV

337738108

4/6/04

Annual

Adviser: Jennison Associates

1.00 Elect Thomas C Wertheimer

MGMT

YES

FOR

1.00 Elect Kim M. Robak

MGMT

YES

FOR

1.00 Elect Kenneth R. Jensen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

Forest Laboratories -Cl A

FRX

345838106

8/11/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 13 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

General Motors

370442832

10/3/03

Special

Adviser: Jennison Associates

1.00 Approve Non-Technical Charter Amendm

MGMT

YES

FOR

2.00 Ratify Spin-Off Company Charter

MGMT

YES

FOR

3.00 Approve Spin-off

MGMT

YES

FOR

4.00 Approve Sale of Assets

MGMT

YES

FOR

5.00 Approve Sale of Assets

MGMT

YES

FOR

6.00 Eliminate Dual Class Stock

MGMT

YES

FOR

Gilead Sciences Inc

GILD

375558103

5/25/04

Annual

Adviser: Jennison Associates

1.00 Elect John C. Martin

MGMT

YES

FOR

1.00 Elect Paul Berg

MGMT

YES

FOR

1.00 Elect James M. Denny

MGMT

YES

FOR

1.00 Elect Gordon E. Moore

MGMT

YES

FOR

1.00 Elect Nicholas G. Moore

MGMT

YES

FOR

1.00 Elect Gayle E. Wilson

MGMT

YES

FOR

1.00 Elect Etienne Davignon

MGMT

YES

FOR

1.00 Elect George P. Shultz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Increase Authorized Common Stock

MGMT

YES

FOR

GlobeSpan Virata

GSPN

37957V106

2/25/04

Special

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Harman International Industries

HAR

413086109

11/12/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

2.00 Approve Stock Split

MGMT

YES

FOR

Page 14 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

IDEC Pharmaceuticals

IDPH

449370105

11/12/03

Special

Adviser: Jennison Associates

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

2.00 Approve Name Change

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

FOR

Imclone Systems

IMCL

45245W109

6/17/04

Annual

Adviser: Jennison Associates

1.00 Elect Andrew G. Bodnar

MGMT

YES

FOR

1.00 Elect Joseph L. Fischer

MGMT

YES

FOR

1.00 Elect John A. Fazio

MGMT

YES

FOR

1.00 Elect Vincent T. DeVita Jr.

MGMT

YES

FOR

1.00 Elect William W. Crouse

MGMT

YES

FOR

1.00 Elect David M. Kies

MGMT

YES

FOR

1.00 Elect Daniel S. Lynch

MGMT

YES

FOR

1.00 Elect William R. Miller

MGMT

YES

FOR

1.00 Elect David Sidransky

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 15 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Intel Corp

INTC

458140100

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect David B. Yoffie

MGMT

YES

FOR

1.00 Elect Reed E. Hundt

MGMT

YES

FOR

1.00 Elect John L. Thornton

MGMT

YES

FOR

1.00 Elect Paul S. Otellini

MGMT

YES

FOR

1.00 Elect Jane E. Shaw

MGMT

YES

FOR

1.00 Elect Craig R. Barrett

MGMT

YES

FOR

1.00 Elect D. James Guzy

MGMT

YES

FOR

1.00 Elect David S. Pottruck

MGMT

YES

FOR

1.00 Elect Andrew S. Grove

MGMT

YES

FOR

1.00 Elect Charlene Barshefsky

MGMT

YES

FOR

1.00 Elect E. John P. Browne

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Award Performance-based Stock Options

SHLDR

YES

AGNST

FOR

InterActiveCorp

IACI

45840Q101

5/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Richard N. Barton

MGMT

YES

FOR

1.00 Elect Robert R. Bennett

MGMT

YES

FOR

1.00 Elect Edgar Bronfman, Jr.

MGMT

YES

AGNST

1.00 Elect Barry Diller

MGMT

YES

FOR

1.00 Elect Victor A. Kaufman

MGMT

YES

FOR

1.00 Elect Donald R. Keough

MGMT

YES

FOR

1.00 Elect Marie-Josee Kravis

MGMT

YES

FOR

1.00 Elect John C. Malone

MGMT

YES

FOR

1.00 Elect Diane von Furstenberg

MGMT

YES

FOR

1.00 Elect Steven Rattner

MGMT

YES

FOR

1.00 Elect Alan G. Spoon

MGMT

YES

FOR

1.00 Elect H. Norman Schwarzkopf

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 16 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

International Rectifier

IRF

460254105

11/24/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

International Rectifier

IRF

460254105

1/26/04

Special

Adviser: Jennison Associates

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Intuit

INTU

461202103

10/30/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

KLA-Tencor

KLAC

482480100

11/5/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Kohl’s

KSS

500255104

4/28/04

Annual

Adviser: Jennison Associates

1.00 Elect Frank V. Sica

MGMT

YES

AGNST

1.00 Elect R. Lawrence Montgomery

MGMT

YES

AGNST

1.00 Elect John F. Herma

MGMT

YES

AGNST

1.00 Elect Wayne R. Embry

MGMT

YES

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

Page 17 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lehman Brothers Holdings

LEH

524908100

4/2/04

Annual

Adviser: Jennison Associates

1.00 Elect Dina Merrill

MGMT

YES

FOR

1.00 Elect Roger S. Berlind

MGMT

YES

FOR

1.00 Elect Marsha J. Evans

MGMT

YES

FOR

1.00 Elect Christopher Gent

MGMT

YES

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Liberty Media Corp

530718105

6/9/04

Annual

Adviser: Jennison Associates

1.00 Elect Robert R. Bennett

MGMT

YES

FOR

1.00 Elect John C. Malone

MGMT

YES

FOR

1.00 Elect Paul A. Gould

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Linear Technology

LLTC

535678106

11/5/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Linens ‘n’ Things

LIN

535679104

5/6/04

Annual

Adviser: Jennison Associates

1.00 Elect Robert J. Kamerschen

MGMT

YES

FOR

1.00 Elect Stanley P. Goldstein

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 18 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Marvell Technology Group

MRVL

2594653

5/28/04

Annual

Adviser: Jennison Associates

1.00 Elect Dr. John M. Cioffi

MGMT

YES

FOR

1.00 Elect Dr. Paul R. Gray

MGMT

YES

FOR

1.00 Elect Douglas King

MGMT

YES

FOR

2.00 Appoint Outside Auditors

MGMT

YES

FOR

3.00 Set Auditors’ Fees

MGMT

YES

FOR

4.00 Increase Authorized Capital

MGMT

YES

FOR

4.00 Approve Bonus Dividend/Bonus Share Issue

MGMT

YES

FOR

Medicis Pharmaceuticals-Cl A

MRX

584690309

11/19/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

MedImmune Inc

MEDI

584699102

5/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.00 Elect James H. Cavanaugh

MGMT

YES

FOR

1.00 Elect Melvin D. Booth

MGMT

YES

FOR

1.00 Elect M. James Barrett

MGMT

YES

FOR

1.00 Elect David Baltimore

MGMT

YES

FOR

1.00 Elect David M. Mott

MGMT

YES

FOR

1.00 Elect Wayne T. Hockmeyer

MGMT

YES

FOR

1.00 Elect Gordon S. Macklin

MGMT

YES

FOR

1.00 Elect Elizabeth Wyatt

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Mercury Interactive

MERQ

589405109

12/10/03

Special

Adviser: Jennison Associates

1.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Page 19 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Mercury Interactive Corp

MERQ

589405109

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect Anthony Zingale

MGMT

YES

FOR

1.00 Elect Giora Yaron

MGMT

YES

FOR

1.00 Elect Yair Shamir

MGMT

YES

FOR

1.00 Elect Clyde W. Ostler

MGMT

YES

FOR

1.00 Elect Igal Kohavi

MGMT

YES

FOR

1.00 Elect Amnon Landan

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Merrill Lynch

MER

590188108

4/23/04

Annual

Adviser: Jennison Associates

1.00 Elect David K. Newbigging

MGMT

YES

FOR

1.00 Elect J.W. Prueher

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

Page 20 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

MGM Mirage

MGG

552953101

5/11/04

Annual

Adviser: Jennison Associates

1.00 Elect John T. Redmond

MGMT

YES

FOR

1.00 Elect Melvin B. Wolzinger

MGMT

YES

FOR

1.00 Elect Daniel M. Wade

MGMT

YES

FOR

1.00 Elect Willie D. Davis

MGMT

YES

FOR

1.00 Elect Alexander M. Haig, Jr.

MGMT

YES

FOR

1.00 Elect Robert H. Baldwin

MGMT

YES

FOR

1.00 Elect Ronald M. Popeil

MGMT

YES

FOR

1.00 Elect Alexis M. Herman

MGMT

YES

FOR

1.00 Elect Terry N. Christensen

MGMT

YES

FOR

1.00 Elect Alex Yemenidjian

MGMT

YES

FOR

1.00 Elect Gary N. Jacobs

MGMT

YES

FOR

1.00 Elect Kirk Kerkorian

MGMT

YES

FOR

1.00 Elect J. Terrence Lanni

MGMT

YES

FOR

1.00 Elect Roland A. Hernandez

MGMT

YES

FOR

1.00 Elect George J. Mason

MGMT

YES

FOR

1.00 Elect James D. Aljian

MGMT

YES

FOR

1.00 Elect James J. Murren

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Monster Worldwide Inc

MNST

611742107

6/16/04

Annual

Adviser: Jennison Associates

1.00 Elect Ronald J. Kramer

MGMT

YES

FOR

1.00 Elect John Gaulding

MGMT

YES

FOR

1.00 Elect David A. Stein

MGMT

YES

FOR

1.00 Elect Michael Kaufman

MGMT

YES

FOR

1.00 Elect Andrew J. McKelvey

MGMT

YES

FOR

1.00 Elect George R. Eisele

MGMT

YES

FOR

1.00 Elect John Swann

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

Page 21 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Motorola

MOT

620076109

5/3/04

Annual

Adviser: Jennison Associates

1.00 Elect Mike S. Zafirovski

MGMT

YES

FOR

1.00 Elect Walter E. Massey

MGMT

YES

FOR

1.00 Elect John E. Pepper Jr.

MGMT

YES

FOR

1.00 Elect Samuel C. Scott III

MGMT

YES

FOR

1.00 Elect Douglas A. Warner III

MGMT

YES

FOR

1.00 Elect John A. White

MGMT

YES

FOR

1.00 Elect Indra K. Nooyi

MGMT

YES

FOR

1.00 Elect Edward J. Zander

MGMT

YES

FOR

1.00 Elect Nicholas Negroponte

MGMT

YES

FOR

1.00 Elect H. Laurance Fuller

MGMT

YES

FOR

1.00 Elect Judy C. Lewent

MGMT

YES

FOR

2.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Mylan Laboratories

MYL

628530107

7/25/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

National Financial Partners

NFP

63607P208

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect Matthew Goldstein

MGMT

YES

FOR

1.00 Elect Arthur S. Ainsberg

MGMT

YES

FOR

1.00 Elect Marc E. Becker

MGMT

YES

FOR

1.00 Elect Jessica M. Bibliowicz

MGMT

YES

FOR

1.00 Elect Shari Loessberg

MGMT

YES

FOR

1.00 Elect Marc J. Rowan

MGMT

YES

FOR

1.00 Elect Stephanie W. Abramson

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 22 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

National-Oilwell Inc

NOI

637071101

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect Roger L. Jarvis

MGMT

YES

FOR

1.00 Elect Merill A. Miller, Jr.

MGMT

YES

FOR

1.00 Elect Frederick W. Pheasey

MGMT

YES

FOR

Network Associates Inc

NET

640938106

5/27/04

Annual

Adviser: Jennison Associates

1.00 Elect Robert M. Dutkowsky

MGMT

YES

FOR

1.00 Elect Denis O’Leary

MGMT

YES

FOR

1.00 Elect Robert W. Pangia

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Nextel Partners

NXTP

65333F107

5/18/04

Annual

Adviser: Jennison Associates

1.00 Elect Caroline H. Rapking

MGMT

YES

FOR

1.00 Elect James N. Perry

MGMT

YES

FOR

1.00 Elect Timothy M. Donahue

MGMT

YES

FOR

1.00 Elect John Chapple

MGMT

YES

FOR

1.00 Elect Adam M. Aron

MGMT

YES

FOR

1.00 Elect Steven B. Dodge

MGMT

YES

FOR

1.00 Elect Dennis M. Weibling

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

4.00 Increase Authorized Dual Class Stock

MGMT

YES

FOR

5.00 Approve Non-Technical Charter Amendments

MGMT

YES

FOR

Page 23 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

On Semiconductor Corp

ONNN

682189105

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect Kevin Burns

MGMT

YES

FOR

1.00 Elect J. Daniel McCranie

MGMT

YES

FOR

1.00 Elect Emmanuel T. Hernandez

MGMT

YES

FOR

1.00 Elect Justin T. Chang

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

4.00 Amend Authorized Preferred Stock

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Paychex

PAYX

704326107

10/2/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

AGNST

PeopleSoft

PSFT

712713106

3/25/04

Annual

Adviser: Jennison Associates

1.00 Elect Cyril J. Yansouni

MGMT

YES

FOR

1.00 Elect Craig A. Conway

MGMT

YES

FOR

1.00 Elect A. George Battle

MGMT

YES

FOR

1.00 Elect Frank J. Fanzilli Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Petco Animal Supplies Inc

PETC

716016209

6/3/04

Annual

Adviser: Jennison Associates

1.00 Elect Charles W. Duddles

MGMT

YES

FOR

1.00 Elect Jonathan Coslet

MGMT

YES

FOR

1.00 Elect James M. Myers

MGMT

YES

FOR

2.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

FOR

Page 24 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Radio One

ROIAK

75040P405

5/26/04

Annual

Adviser: Jennison Associates

1.00 Elect Brian R. McNeill

MGMT

#Null#

AGNST

1.00 Elect Terry L. Jones

MGMT

#Null#

AGNST

2.00 Elect D. Geoffrey Armstrong

MGMT

#Null#

AGNST

2.00 Elect Catherine L. Hughes

MGMT

#Null#

AGNST

2.00 Elect Alfred C. Liggins III

MGMT

#Null#

AGNST

2.00 Elect L. Ross Love

MGMT

#Null#

AGNST

2.00 Elect Ronald E. Blaylock

MGMT

#Null#

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

#Null#

AGNST

4.00 Ratify Selection of Auditors

MGMT

#Null#

AGNST

RealNetworks

RNWK

75605L104

6/4/04

Annual

Adviser: Jennison Associates

1.00 Elect Eric A. Benhamou

MGMT

YES

FOR

1.00 Elect Edward Bleier

MGMT

YES

FOR

1.00 Elect Kalpana Raina

MGMT

YES

FOR

2.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

Seagate Technology

STX

811804103

10/29/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

AGNST

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sepracor Inc

SEPR

817315104

5/19/04

Annual

Adviser: Jennison Associates

1.00 Elect Digby W. Barrios

MGMT

YES

FOR

1.00 Elect Alan A. Steigrod

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 25 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Solectron

SLR

834182107

1/7/04

Annual

Adviser: Jennison Associates

1.00 Elect C. Wesley M. Scott

MGMT

YES

FOR

1.00 Elect William R. Graber

MGMT

YES

FOR

1.00 Elect Paul R. Low

MGMT

YES

FOR

1.00 Elect Heinz K. Fridrich

MGMT

YES

FOR

1.00 Elect Richard A. D’Amore

MGMT

YES

FOR

1.00 Elect William A. Hasler

MGMT

YES

FOR

1.00 Elect Osamu Yamada

MGMT

YES

FOR

1.00 Elect Cyril J. Yansouni

MGMT

YES

FOR

1.00 Elect Michael R. Cannon

MGMT

YES

FOR

2.00 Exchange Underwater Options

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sprint

PCS

852061506

4/20/04

Annual

Adviser: Jennison Associates

1.00 Elect Linda Koch Lorimer

MGMT

YES

FOR

1.00 Elect Deborah A. Henretta

MGMT

YES

FOR

1.00 Elect E. Linn Draper Jr.

MGMT

YES

FOR

1.00 Elect Gordon M. Bethune

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Award Performance-based Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

6.00 SP-Report on Risk to Image of Globalization Strate

SHLDR

YES

AGNST

FOR

Page 26 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Symbol Technologies

SBL

871508107

4/26/04

Annual

Adviser: Jennison Associates

1.00 Elect Melvin A. Yellin

MGMT

YES

FOR

1.00 Elect William R. Nuti

MGMT

YES

FOR

1.00 Elect Robert J. Chrenc

MGMT

YES

FOR

1.00 Elect Edward R. Kozel

MGMT

YES

FOR

1.00 Elect Salvatore Iannuzzi

MGMT

YES

FOR

1.00 Elect George Samenuk

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

THQ

THQI

872443403

8/12/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Exchange Underwater Options

MGMT

YES

AGNST

Tibco Software

TIBX

88632Q103

4/15/04

Annual

Adviser: Jennison Associates

1.00 Elect Naren Gupta

MGMT

YES

FOR

1.00 Elect Peter Job

MGMT

YES

FOR

1.00 Elect Eric Dunn

MGMT

YES

FOR

1.00 Elect Philip K. Wood

MGMT

YES

FOR

1.00 Elect William A. Owens

MGMT

YES

FOR

1.00 Elect Vivek Y. Ranadive

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 27 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Tommy Hilfiger Corporation

TOM

G8915Z102

11/3/03

Annual

Adviser: Jennison Associates

1.00 Election of Directors by Slate

MGMT

YES

FOR

2.00 Approve Stock Option Plan

MGMT

YES

FOR

3.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Transkaryotic Therapies

TKTX

893735100

6/22/04

Annual

Adviser: Jennison Associates

1.00 Elect Walter Gilbert

MGMT

YES

FOR

1.00 Elect Wayne P. Yetter

MGMT

YES

FOR

1.00 Elect Lydia Villa-Komaroff

MGMT

YES

FOR

1.00 Elect Rodman W. Moorhead III

MGMT

YES

FOR

1.00 Elect Dennis H. Langer

MGMT

YES

FOR

1.00 Elect Michael J. Astrue

MGMT

YES

FOR

1.00 Elect Jonathan S. Leff

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Univision Communications Inc

UVN

914906102

5/12/04

Annual

Adviser: Jennison Associates

1.00 Elect McHenry T. Tichenor Jr.

MGMT

YES

FOR

1.00 Elect Harold Gaba

MGMT

YES

FOR

1.00 Elect Ray Rodriguez

MGMT

YES

FOR

1.00 Elect John G. Perenchio

MGMT

YES

FOR

1.00 Elect Fernando Aguirre

MGMT

YES

FOR

1.00 Elect A. Jerrold Perenchio

MGMT

YES

FOR

1.00 Elect Alan F. Horn

MGMT

YES

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

UTStarcom

UTSI

918076100

9/24/03

Special

Adviser: Jennison Associates

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Page 28 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Waters

WAT

941848103

5/4/04

Annual

Adviser: Jennison Associates

1.00 Elect Douglas A. Berthiaume

MGMT

YES

FOR

1.00 Elect Michael J. Berendt

MGMT

YES

FOR

1.00 Elect Edward Conard

MGMT

YES

FOR

1.00 Elect Phillip Caldwell

MGMT

YES

FOR

1.00 Elect William J. Miller

MGMT

YES

FOR

1.00 Elect Joshua Bekenstein

MGMT

YES

FOR

1.00 Elect Thomas P. Salice

MGMT

YES

FOR

1.00 Elect Laurie H. Glimcher

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Watson Pharmaceuticals Inc

WPI

942683103

5/17/04

Annual

Adviser: Jennison Associates

1.00 Elect Michel J. Feldman

MGMT

YES

FOR

1.00 Elect Fred G. Weiss

MGMT

YES

FOR

1.00 Elect Allen Y. Chao

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

WebMD

HLTH

94769M105

9/12/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

Weight Watchers International Inc

WTW

948626106

5/12/04

Annual

Adviser: Jennison Associates

1.00 Elect Linda Huett

MGMT

YES

FOR

1.00 Elect Philippe J. Amouyal

MGMT

YES

FOR

1.00 Elect Sam K. Reed

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Page 29 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Westwood One Inc

WON

961815107

5/13/04

Annual

Adviser: Jennison Associates

1.00 Elect Dennis F. Holt

MGMT

YES

FOR

1.00 Elect Shane Coppola

MGMT

YES

FOR

1.00 Elect Mel Karmazin

MGMT

YES

FOR

1.00 Elect Norman J. Pattiz

MGMT

YES

FOR

1.00 Elect Joseph B. Smith

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Xilinx

XLNX

983919101

8/7/03

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Yahoo Inc

YHOO

984332106

5/21/04

Annual

Adviser: Jennison Associates

1.00 Elect Edward R. Kozel

MGMT

YES

FOR

1.00 Elect Gary L. Wilson

MGMT

YES

FOR

1.00 Elect Ronald W. Burkle

MGMT

YES

FOR

1.00 Elect Terry S. Semel

MGMT

YES

FOR

1.00 Elect Jerry Yang

MGMT

YES

FOR

1.00 Elect Robert A. Kotick

MGMT

YES

FOR

1.00 Elect Arthur H. Kern

MGMT

YES

FOR

1.00 Elect Eric Hippeau

MGMT

YES

FOR

1.00 Elect Roy J. Bostock

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Page 30 of 31

Form N-PX Proxy Voting Record 7/1/03—6/30/04

Trust: Jennison U.S. Emerging Growth Fund, Inc.

Manager: Prudential

Fund: JENNISON U.S. EMERGING GROWTH FUND, INC. #19F4

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Yankee Candle

YCC

984757104

6/16/04

Annual

Adviser: Jennison Associates

1.00 Elect Dale F. Frey

MGMT

YES

FOR

1.00 Elect Michael F. Hines

MGMT

YES

FOR

1.00 Elect Ronald L. Sargent

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 31 of 31

SIGNATURES:

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Jennison U.S. Emerging Growth Fund, Inc.

/s/ Judy A. Rice

Judy A. Rice, President

Date: August 23, 2004

Prudential Jennison Mid-cap Growth Fund N-PXAnnual report of proxy voting record