FORM N-PX

                     ANNUAL REPORT OF PROXY VOTING RECORD OF
                    REGISTERED MANAGEMENT INVESTMENT COMPANY

                  Investment Company Act file number 811-05206

                      Jennison Natural Resources 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)


                             Jonathan D. Shain, Esq.
     100 Mulberry Street, Gateway Center Three, 4 th Floor, Newark, NJ 07102

                     (Name and address of agent for service)


        Registrants telephone number, including area code: 973-802-6469

                         Date of fiscal year-end: May 31

                     Date of reporting period: June 30, 2008





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 REPORT *******************************

ICA File Number: 811-05206
Reporting Period: 07/01/2007 - 06/30/2008
Jennison Natural Resources Fund, Inc.









=========== JENNISON NATURAL RESOURCES FUND - SUB-ADVISER: JENNISON ============


AGNICO EAGLE MINES LTD

Ticker:       AEM            Security ID:  008474108
Meeting Date: MAY 9, 2008    Meeting Type: S
Record Date:  MAR 14, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - LEANNE M. BAKER           FOR       FOR        Management
1.2   Elect Nominee - DOUGLAS R. BEAUMONT       FOR       FOR        Management
1.3   Elect Nominee - SEAN BOYD                 FOR       FOR        Management
1.4   Elect Nominee - BERNARD KRAFT             FOR       FOR        Management
1.5   Elect Nominee - MEL LEIDERMAN             FOR       FOR        Management
1.6   Elect Nominee - JAMES D. NASSO            FOR       FOR        Management
1.7   Elect Nominee - EBERHARD SCHERKUS         FOR       FOR        Management
1.8   Elect Nominee - HOWARD R. STOCKFORD       FOR       FOR        Management
1.9   Elect Nominee - PERTTI VOUTILAINEN        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Add Shares to  Employee Share Purchase    FOR       FOR        Management
      Plan
4     Add Shares/Amend Stock Plan for           FOR       FOR        Management
      Employees/Directors
5     Amend Governing Documents -               FOR       FOR        Management
      Modernize/Clarify


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ARCHIPELAGO RESOURCES PLC, LONDON

Ticker:                      Security ID:  G0453N104
Meeting Date: APR 15, 2008   Meeting Type: W
Record Date:  MAR 26, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.    Approve Share Issue                       -         FOR        Management
S.2   Approve Share Issue - Disapplication of   -         FOR        Management
      Preemptive Rights


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AXMIN INC

Ticker:                      Security ID:  05461V102
Meeting Date: JUN 24, 2008   Meeting Type: Z
Record Date:  MAY 20, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.    Approve Stock Option Plan                 FOR       AGAINST    Management
2.    Elect Board Slate                         FOR       FOR        Management
3.    Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors


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CABOT OIL & GAS CORP

Ticker:       COG            Security ID:  127097103
Meeting Date: APR 30, 2008   Meeting Type: A
Record Date:  MAR 11, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - DAN O. DINGES             FOR       FOR        Management
1.2   Elect Nominee - WILLIAM P. VITITOE        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


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CAIRN ENERGY PLC, EDINBURGH

Ticker:                      Security ID:  G17528236
Meeting Date: MAY 23, 2008   Meeting Type: R
Record Date:  APR 25, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.    Approve Financial Statements/Reports      -         FOR        Management
2.    Approve Remuneration Report               -         FOR        Management
3.    Approve Appointment/Remuneration of       -         FOR        Management
      Auditors
4.    Elect/Appoint Director: Norman Murray     -         ABSTAIN    Management
5.    Elect/Appoint Director: Sir Bill Gammell  -         FOR        Management
6.    Elect/Appoint Director: Hamish Grossart   -         ABSTAIN    Management
7.    Elect/Appoint Director: Mr. Story         -         ABSTAIN    Management
8.    Approve Share Issue                       -         FOR        Management
S.9   Approve Share Issue - Disapplication of   -         ABSTAIN    Management
      Preemptive Rights
S.10  Approve Share Buyback                     -         FOR        Management
S.11  Amend Articles                            -         ABSTAIN    Management


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CAMERON INTERNATIONAL CORP

Ticker:                      Security ID:  13342B105
Meeting Date: DEC 7, 2007    Meeting Type: S
Record Date:  NOV 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management


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CAMERON INTERNATIONAL CORP

Ticker:                      Security ID:  13342B105
Meeting Date: DEC 7, 2007    Meeting Type: S
Record Date:  NOV 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management


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CLEVELAND-CLIFFS INC

Ticker:       CLF            Security ID:  185896107
Meeting Date: MAY 13, 2008   Meeting Type: A
Record Date:  MAR 17, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1A    Elect Nominee - R.C. CAMBRE               FOR       FOR        Management
1B    Elect Nominee - J.A. CARRABBA             FOR       FOR        Management
1C    Elect Nominee - S.M. CUNNINGHAM           FOR       FOR        Management
1D    Elect Nominee - B.J. ELDRIDGE             FOR       FOR        Management
1E    Elect Nominee - S.M. GREEN                FOR       FOR        Management
1F    Elect Nominee - J.D. IRELAND III          FOR       FOR        Management
1G    Elect Nominee - F.R. MCALLISTER           FOR       FOR        Management
1H    Elect Nominee - R. PHILLIPS               FOR       FOR        Management
1I    Elect Nominee - R.K. RIEDERER             FOR       FOR        Management
1J    Elect Nominee - A. SCHWARTZ               FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


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CLEVELAND-CLIFFS INC.

Ticker:       CLF            Security ID:  185896107
Meeting Date: JUL 27, 2007   Meeting Type: Annual
Record Date:  JUN 7, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Ronald C. Cambre           For       For        Management
1.2   Elect Director Joseph A. Carrabba         For       For        Management
1.3   Elect Director Susan M. Cunningham        For       For        Management
1.4   Elect Director Barry J. Eldridge          For       For        Management
1.5   Elect Director Susan M. Green             For       For        Management
1.6   Elect Director James D. Ireland, III      For       For        Management
1.7   Elect Director Francis R. McAllister      For       For        Management
1.8   Elect Director Roger Phillips             For       For        Management
1.9   Elect Director Richard K. Riederer        For       For        Management
1.10  Elect Director Alan Schwartz              For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Executive Incentive Bonus Plan    For       For        Management
4     Ratify Auditors                           For       For        Management


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CNX GAS CORP

Ticker:       CXG            Security ID:  12618H309
Meeting Date: APR 21, 2008   Meeting Type: A
Record Date:  MAR 14, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - PHILIP W. BAXTER          FOR       FOR        Management
1.2   Elect Nominee - JAMES E. ALTMEYER, SR.    FOR       FOR        Management
1.3   Elect Nominee - NICHOLAS J. DELULIIS      FOR       FOR        Management
1.4   Elect Nominee - RAJ K. GUPTA              FOR       FOR        Management
1.5   Elect Nominee - J. BRETT HARVEY           FOR       FOR        Management
1.6   Elect Nominee - WILLIAM J. LYONS          FOR       FOR        Management
1.7   Elect Nominee - JOHN R. PIPSKI            FOR       FOR        Management
1.8   Elect Nominee - JOSEPH T. WILLIAMS        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


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COEUR D'ALENE MINES CORP

Ticker:                      Security ID:  192108108
Meeting Date: DEC 7, 2007    Meeting Type: S
Record Date:  OCT 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management
2     Approve Stock Issuance to Complete Merger For       Against    Management
3     Approve Adjournment of Meeting            For       For        Management


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COEUR D'ALENE MINES CORP

Ticker:                      Security ID:  192108108
Meeting Date: DEC 7, 2007    Meeting Type: S
Record Date:  OCT 19, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management
2     Approve Stock Issuance to Complete Merger For       Against    Management
3     Approve Adjournment of Meeting            For       For        Management


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COMPANHIA VALE DO RIO DOCE

Ticker:       RIO.PR         Security ID:  204412209
Meeting Date: AUG 30, 2007   Meeting Type: Special
Record Date:  AUG 10, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     PROPOSAL TO AMEND THE COMPANYS BY-LAWS.   For       For        Management
2     PROPOSAL FOR A FORWARD STOCK SPLIT,       For       For        Management
      PURSUANT TO WHICH EACH AND EVERY CURRENT
      SHARE ISSUED BY THE COMPANY, BOTH COMMON
      AND PREFERRED, SHALL BECOME TWO SHARES OF
      THE SAME TYPE AND CLASS, AS THE CASE MAY
      BE, AND THE CORRESPONDING ADJUSTMENT OF
      ARTICLE 5 AND
3     CONSOLIDATION OF THE AMENDMENTS TO THE    For       For        Management
      COMPANY S BY-LAWS, MENTIONED ABOVE IN
      ITEMS I AND II HEREIN, IF SUCH PROPOSED
      MODIFICATIONS ARE APPROVED.
4     RATIFICATION OF CVRD S ACQUISITION OF THE For       For        Management
      CONTROLLING SHARE OF AMCI HOLDINGS
      AUSTRALIA, AS REQUIRED BY ARTICLE 256
      SECTION 1 OF THE BRAZILIAN CORPORATE LAW.
5     REPLACEMENT OF A BOARD MEMBER.            For       Against    Management


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COMPNIA MINAS BUENVNTR  -ADR

Ticker:                      Security ID:  204448104
Meeting Date: MAR 27, 2008   Meeting Type: A
Record Date:  MAR 10, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements/Reports      /         FOR        Management
2     Elect Board Slate                         /         FOR        Management
3     Approve Appointment of Auditors           /         FOR        Management
4     Approve Dividend                          /         FOR        Management
5     Increase Share Capital                    /         FOR        Management
6     Approve Stock Split                       /         FOR        Management


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CRYSTALLEX INTERNATIONAL CP

Ticker:       KRY            Security ID:  22942F101
Meeting Date: JUN 25, 2008   Meeting Type: S
Record Date:  MAY 15, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors
2     Elect Board Slate                         FOR       FOR        Management
3     Approve Incentive Share Option Plan       FOR       AGAINST    Management
4     Approve Other Business                    FOR       AGAINST    Management


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DENBURY RESOURCES INC

Ticker:                      Security ID:  247916208
Meeting Date: NOV 19, 2007   Meeting Type: S
Record Date:  OCT 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management
2     Approve Stock Split                       For       For        Management
3     Approve Adjournment of Meeting            For       For        Management


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DENBURY RESOURCES INC

Ticker:                      Security ID:  247916208
Meeting Date: NOV 19, 2007   Meeting Type: S
Record Date:  OCT 8, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Increase Common Stock                     For       For        Management
2     Approve Stock Split                       For       For        Management
3     Approve Adjournment of Meeting            For       For        Management


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ELDORADO GOLD CORP

Ticker:       EGO            Security ID:  284902103
Meeting Date: MAY 1, 2008    Meeting Type: Z
Record Date:  MAR 19, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: John S. Auston             FOR       FOR        Management
1.2   Elect Nominee: K. Ross Cory               FOR       FOR        Management
1.3   Elect Nominee: Robert R. Gilmore          FOR       FOR        Management
1.4   Elect Nominee: Geoffrey A. Handley        FOR       FOR        Management
1.5   Elect Nominee: Wayne D. Lenton            FOR       FOR        Management
1.6   Elect Nominee: Hugh C. Morris             FOR       FOR        Management
1.7   Elect Nominee: Donald M. Shumka           FOR       FOR        Management
1.8   Elect Nominee: Paul N. Wright             FOR       FOR        Management
2.    Ratify Appointment of Auditors            FOR       FOR        Management
3.    Approve Auditors Remuneration             FOR       FOR        Management
4.    Amend Incentive Stock Option Plans for    FOR       FOR        Management
      Officers/Directors
5.    Amend Incentive Stock Option Plans for    FOR       FOR        Management
      Employees/Consultants/Advisors


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EQUITABLE RESOURCES INC

Ticker:       EQT            Security ID:  294549100
Meeting Date: APR 23, 2008   Meeting Type: A
Record Date:  FEB 11, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - PHYLLIS A. DOMM, ED.D.    FOR       FOR        Management
1.2   Elect Nominee - DAVID L. PORGES           FOR       FOR        Management
1.3   Elect Nominee - JAMES E. ROHR             FOR       FOR        Management
1.4   Elect Nominee - DAVID S. SHAPIRA          FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


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FIRST QUANTUM MINERALS LTD.

Ticker:                      Security ID:  335934105
Meeting Date: MAY 13, 2008   Meeting Type: R
Record Date:  APR 7, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: Philip K. R. Pascall       FOR       FOR        Management
1.2   Elect Nominee: G. Clive Newall            FOR       FOR        Management
1.3   Elect Nominee: Martin R. Rowley           FOR       FOR        Management
1.4   Elect Nominee: Rupert Pennant-Rea         FOR       FOR        Management
1.5   Elect Nominee: Andrew Adams               FOR       FOR        Management
1.6   Elect Nominee: Peter St. George           FOR       FOR        Management
1.7   Elect Nominee: Michael Martineau          FOR       FOR        Management
2.    Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors


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FREEPORT-MCMORAN COPPER & GOLD INC.

Ticker:       FCX            Security ID:  35671D857
Meeting Date: JUL 10, 2007   Meeting Type: Annual
Record Date:  MAY 25, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Richard C. Adkerson        For       For        Management
1.2   Elect Director Robert J. Allison, Jr.     For       For        Management
1.3   Elect Director Robert A. Day              For       For        Management
1.4   Elect Director Gerald J. Ford             For       For        Management
1.5   Elect Director H. Devon Graham, Jr.       For       For        Management
1.6   Elect Director J. Bennett Johnston        For       For        Management
1.7   Elect Director Charles C. Krulak          For       For        Management
1.8   Elect Director Bobby Lee Lackey           For       For        Management
1.9   Elect Director Jon C. Madonna             For       For        Management
1.10  Elect Director Dustan E. McCoy            For       For        Management
1.11  Elect Director Gabrielle K. McDonald      For       For        Management
1.12  Elect Director James R. Moffett           For       For        Management
1.13  Elect Director B.M. Rankin, Jr.           For       For        Management
1.14  Elect Director J. Stapleton Roy           For       For        Management
1.15  Elect Director Stephen H. Siegele         For       For        Management
1.16  Elect Director J. Taylor Wharton          For       For        Management
2     Ratify Auditors                           For       For        Management
3     Amend Omnibus Stock Plan                  For       For        Management


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GLOBALSANTAFE CORP

Ticker:                      Security ID:  G3930E101
Meeting Date: NOV 9, 2007    Meeting Type: S
Record Date:  OCT 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger with Transocean            For       For        Management
2     Approve Merger with Transocean            For       For        Management


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GLOBALSANTAFE CORP

Ticker:                      Security ID:  G3930E101
Meeting Date: NOV 9, 2007    Meeting Type: S
Record Date:  OCT 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger with Transocean            For       For        Management
2     Approve Merger with Transocean            For       For        Management


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GOLD RESERVE INC

Ticker:       GRZ            Security ID:  38068N108
Meeting Date: JUN 10, 2008   Meeting Type: Z
Record Date:  MAY 2, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.    Elect Board Slate                         FOR       FOR        Management
2.    Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors
3.    Add Shares to Stock Purchase Plan         FOR       FOR        Management
4.    Approve Equity Incentive Plan             FOR       FOR        Management


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GREYSTAR RES LTD NEW

Ticker:                      Security ID:  397913203
Meeting Date: MAY 2, 2008    Meeting Type: R
Record Date:  MAR 28, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
N/A   Agenda Update - Due to Receipt of         -         NON-VOTING Management
      Directors Names
A.    Receive Financial Statements              -         NON-VOTING Management
B.    Ratify Appointment of Auditors            -         FOR        Management
C.1   Elect Nominee: Brian E. Bayley            -         FOR        Management
C.2   Elect Nominee: David B. Rovig             -         FOR        Management
C.3   Elect Nominee: Emil M. Morfett            -         FOR        Management
C.4   Elect Nominee: Geoff Chater               -         FOR        Management
C.5   Elect Nominee: German Del Corral          -         FOR        Management
D.    Extend Term of Incentive Share Option     -         FOR        Management
      Plan
N/A   Approve Other Business                    -         NON-VOTING Management


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HESS CORP

Ticker:       HES            Security ID:  42809H107
Meeting Date: MAY 7, 2008    Meeting Type: A
Record Date:  MAR 17, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - E.E. HOLIDAY              FOR       FOR        Management
1.2   Elect Nominee - J.H. MULLIN               FOR       FOR        Management
1.3   Elect Nominee - J.J. O'CONNOR             FOR       FOR        Management
1.4   Elect Nominee - F.B. WALKER               FOR       FOR        Management
1.5   Elect Nominee - R.N. WILSON               FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Eliminate Classified Board                FOR       FOR        Management
4     Approve 2008 Long-Term Incentive Plan     FOR       FOR        Management


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HIGHLAND GOLD MINING LTD

Ticker:                      Security ID:  G4472X101
Meeting Date: JAN 14, 2008   Meeting Type: T
Record Date:  DEC 24, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
S.1   Increase Share Capital                    -         FOR        Management
S.2   Approve Share Issue - Disapplication of   -         FOR        Management
      Preemptive Rights


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IMPALA PLATINUM HOLDINGS LTD

Ticker:                      Security ID:  452553308
Meeting Date: OCT 25, 2007   Meeting Type: A
Record Date:  SEP 13, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2A    Elect Nominee - FJP ROUX                  /         For        Management
2B    Elect Nominee - JM MCMAHON                /         For        Management
2C    Elect Nominee - D. EARP                   /         For        Management
2D    Elect Nominee - F JAKOET                  /         For        Management
2E    Elect Nominee - DS PHIRI                  /         For        Management
3     Approve Directors' Remuneration           /         For        Management
S4    Approve Share Buyback                     /         For        Management
S5    Amend Articles                            /         For        Management


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IMPALA PLATINUM HOLDINGS LTD

Ticker:                      Security ID:  452553308
Meeting Date: OCT 25, 2007   Meeting Type: A
Record Date:  SEP 13, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2A    Elect Nominee - FJP ROUX                  /         For        Management
2B    Elect Nominee - JM MCMAHON                /         For        Management
2C    Elect Nominee - D. EARP                   /         For        Management
2D    Elect Nominee - F JAKOET                  /         For        Management
2E    Elect Nominee - DS PHIRI                  /         For        Management
3     Approve Directors' Remuneration           /         For        Management
S4    Approve Share Buyback                     /         For        Management
S5    Amend Articles                            /         For        Management


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KINROSS GOLD CORP

Ticker:       KGC            Security ID:  496902404
Meeting Date: MAY 7, 2008    Meeting Type: S
Record Date:  MAR 18, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - JOHN A. BROUGH            FOR       FOR        Management
1.2   Elect Nominee - TYE W. BURT               FOR       FOR        Management
1.3   Elect Nominee - JOHN K. CARRINGTON        FOR       FOR        Management
1.4   Elect Nominee - RICHARD S. HALLISEY       FOR       FOR        Management
1.5   Elect Nominee - JOHN M.H. HUXLEY          FOR       FOR        Management
1.6   Elect Nominee - JOHN A. KEYES             FOR       FOR        Management
1.7   Elect Nominee - C. MCLEOD-SELTZER         FOR       FOR        Management
1.8   Elect Nominee - GEORGE F. MICHALS         FOR       FOR        Management
1.9   Elect Nominee - JOHN E. OLIVER            FOR       FOR        Management
1.10  Elect Nominee - TERENCE C.W. REID         FOR       FOR        Management
2     Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors
3     Add Shares to Share Incentive Plan        FOR       FOR        Management
4     Add Shares to Restricted Share Plan       FOR       FOR        Management


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MMX MINERACAO E METALICOS SA, BRASIL

Ticker:                      Security ID:  P6829U102
Meeting Date: APR 7, 2008    Meeting Type: T
Record Date:  MAR 6, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
N/A   Beneficial Owner Signed Power of Attorney -         NON-VOTING Management
      Required to Vote
1.    Approve Stock Split                       -         FOR        Management


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NABORS INDUSTRIES LTD

Ticker:       NBR            Security ID:  G6359F103
Meeting Date: JUN 3, 2008    Meeting Type: A
Record Date:  APR 4, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - ANTHONY G. PETRELLO       FOR       FOR        Management
1.2   Elect Nominee - MYRON M. SHEINFELD        FOR       FOR        Management
1.3   Elect Nominee - MARTIN J. WHITMAN         FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Award Pay for Superior Performance        AGAINST   AGAINST    Shareholder
4     Limit Executive Compensation - Tax        AGAINST   AGAINST    Shareholder
      Gross-up Payments


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NEVSUN RESOURCES LTD

Ticker:       NSU            Security ID:  64156L101
Meeting Date: APR 25, 2008   Meeting Type: R
Record Date:  MAR 17, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: R. Stuart Angus            FOR       FOR        Management
1.2   Elect Nominee: John A. Clarke             FOR       FOR        Management
1.3   Elect Nominee: Clifford T. Divas          FOR       FOR        Management
1.4   Elect Nominee: Robert J. Gayton           FOR       FOR        Management
1.5   Elect Nominee: Gary E. German             FOR       FOR        Management
1.6   Elect Nominee: Gerard E. Munera           FOR       FOR        Management
2     Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors


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NORTHERN DYNASTY MINERAL LTD

Ticker:       NAK            Security ID:  66510M204
Meeting Date: JUN 17, 2008   Meeting Type: A
Record Date:  MAY 12, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - DAVID COPELAND            FOR       WITHHOLD   Management
1.2   Elect Nominee - SCOTT COUSENS             FOR       FOR        Management
1.3   Elect Nominee - ROBERT DICKINSON          FOR       FOR        Management
1.4   Elect Nominee - DAVID ELLIOTT             FOR       FOR        Management
1.5   Elect Nominee - GORDON FRETWELL           FOR       FOR        Management
1.6   Elect Nominee - WAYNE KIRK                FOR       FOR        Management
1.7   Elect Nominee - JEFFREY MASON             FOR       FOR        Management
1.8   Elect Nominee - STEPHEN SCOTT             FOR       FOR        Management
1.9   Elect Nominee - RONALD THIESSEN           FOR       WITHHOLD   Management
1.10  Elect Nominee - RUSSELL E. HALLBAUER      FOR       FOR        Management
2     Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors
3     Amend Share Option Plan                   FOR       AGAINST    Management


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NUCOR CORP

Ticker:       NUE            Security ID:  670346105
Meeting Date: MAY 9, 2008    Meeting Type: A
Record Date:  MAR 11, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - PETER C. BROWNING         FOR       FOR        Management
1.2   Elect Nominee - V.F. HAYNES, PH.D.        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Reapprove Annual and Long-Term Senior     FOR       FOR        Management
      Officers Incentive Compensation Plans
4     Adopt Majority Vote to Elect Directors    AGAINST   FOR        Shareholder


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OGX PETROLEO E GAS PARTICIPACOES SA, BRAZIL

Ticker:                      Security ID:  P7356Y103
Meeting Date: APR 30, 2008   Meeting Type: Z
Record Date:  APR 17, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
N/A   Beneficial Owner Signed Power of Attorney -         NON-VOTING Management
      Required to Vote
A.I   Approve Financial Statements/Reports      -         FOR        Management
A.II  Approve Directors' Remuneration           -         FOR        Management
E.I   Amend Articles to Reflect Changes in      -         FOR        Management
      Capital
E.II  Amend Governing Documents -               -         FOR        Management
      Modernize/Clarify
E.III Ratify the decisions of the EGM held at   -         FOR        Management
      28 JAN 2008
E.IV  Approve to decide regarding new business  -         ABSTAIN    Management
      opportunities
E.V   Approve Other Business                    -         NON-VOTING Management


- --------------------------------------------------------------------------------

OREZONE RESOURCES INC

Ticker:       OZN            Security ID:  685921108
Meeting Date: MAY 29, 2008   Meeting Type: Z
Record Date:  APR 22, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: Ronald Little              FOR       FOR        Management
1.2   Elect Nominee: Michael Halvorson          FOR       FOR        Management
1.3   Elect Nominee: Paul Carmel                FOR       FOR        Management
1.4   Elect Nominee: David Netherway            FOR       FOR        Management
1.5   Elect Nominee: Alain Krushnisky           FOR       FOR        Management
2.    Approve Appointment/Remuneration of       FOR       FOR        Management
      Auditors
3.    Approve Stock Option Plan                 FOR       AGAINST    Management


- --------------------------------------------------------------------------------

PAN AMERICAN SILVER CORP

Ticker:       PAAS           Security ID:  697900108
Meeting Date: MAY 13, 2008   Meeting Type: A
Record Date:  APR 2, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - ROSS J. BEATY             FOR       FOR        Management
1.2   Elect Nominee - GEOFFREY A. BURNS         FOR       FOR        Management
1.3   Elect Nominee - WILLIAM A. FLECKENSTEIN   FOR       FOR        Management
1.4   Elect Nominee - MICHAEL LARSON            FOR       FOR        Management
1.5   Elect Nominee - MICHAEL J.J. MALONEY      FOR       FOR        Management
1.6   Elect Nominee - ROBERT P. PIROOZ          FOR       FOR        Management
1.7   Elect Nominee - PAUL B. SWEENEY           FOR       FOR        Management
1.8   Elect Nominee - DAVID C. PRESS            FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Approve Auditors Remuneration             FOR       FOR        Management
4     Approve Stock Plan for Employees          FOR       FOR        Management


- --------------------------------------------------------------------------------

PAN AMERICAN SILVER CORP

Ticker:       PAAS           Security ID:  697900108
Meeting Date: MAY 13, 2008   Meeting Type: R
Record Date:  APR 2, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: Ross J. Beaty              FOR       FOR        Management
1.2   Elect Nominee: Geoffrey A. Burns          FOR       FOR        Management
1.3   Elect Nominee: William A. Fleckenstein    FOR       FOR        Management
1.4   Elect Nominee: Michael Larson             FOR       FOR        Management
1.5   Elect Nominee: Michael J.J. Maloney       FOR       FOR        Management
1.6   Elect Nominee: Robert P. Pirooz           FOR       FOR        Management
1.7   Elect Nominee: Paul B. Sweeney            FOR       FOR        Management
1.8   Elect Nominee: David C. Press             FOR       FOR        Management
2.    Ratify Appointment of Auditors            FOR       FOR        Management
3.    Approve Auditors Remuneration             FOR       FOR        Management
4.    Approve Stock Plan for Employees          FOR       FOR        Management


- --------------------------------------------------------------------------------

PETROHAWK ENERGY CORPORATION

Ticker:       HK             Security ID:  716495106
Meeting Date: JUL 18, 2007   Meeting Type: Annual
Record Date:  MAY 21, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Director Thomas R. Fuller           For       For        Management
1.2   Elect Director Robert G. Raynolds         For       For        Management
1.3   Elect Director Christopher A. Viggiano    For       For        Management
2     Amend Omnibus Stock Plan                  For       For        Management
3     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

PETROLEO BRASILEIRO SA PETRO

Ticker:                      Security ID:  71654V408
Meeting Date: OCT 29, 2007   Meeting Type: S
Record Date:  OCT 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger/Acquisition                For       Against    Management


- --------------------------------------------------------------------------------

PETROLEO BRASILEIRO SA PETRO

Ticker:                      Security ID:  71654V408
Meeting Date: OCT 29, 2007   Meeting Type: S
Record Date:  OCT 12, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger/Acquisition                For       Against    Management


- --------------------------------------------------------------------------------

PETROLEUM GEO-SERVICES ASA

Ticker:                      Security ID:  716599105
Meeting Date: MAY 7, 2008    Meeting Type: A
Record Date:  APR 2, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
2     Approve Financial Statements/Reports      FOR       FOR        Management
3     Approve Appointment of Auditors           FOR       FOR        Management
4     Approve Appointment of Auditors           FOR       FOR        Management
5A    Appoint Chairman: JENS ULLTVEIT-MOE       FOR       FOR        Management
5B    Elect/Appoint Director: FRANCIS ROBERT    FOR       FOR        Management
      GUGEN
5C    Elect/Appoint Director: HARALD NORVIK     FOR       FOR        Management
5D    Elect/Appoint Director: WENCHE KJOLAS     FOR       FOR        Management
5E    Elect/Appoint Director: DANIEL J. PIETTE  FOR       FOR        Management
5F    Elect/Appoint Director: HOLLY VAN DEURSEN FOR       FOR        Management
5G    Elect/Appoint Director: ANETTE MALM       FOR       FOR        Management
      JUSTAD
6A    Approve Appointment of Nomination         FOR       FOR        Management
      Committee Member: ROGER O NIEL
6B    Approve Appointment of Nomination         FOR       FOR        Management
      Committee Member: C. MAURY DEVINE
6C    Approve Appointment of Nomination         FOR       FOR        Management
      Committee Member: HANNE HARLEM
7A    Approve Directors' Remuneration           FOR       FOR        Management
7B    Approve Remuneration Policy               FOR       FOR        Management
7C    Approve Remuneration Policy               FOR       FOR        Management
8     Approve Management Report                 FOR       FOR        Management
9     Approve Share Buyback                     FOR       FOR        Management
10    Approve Stock Plan                        FOR       FOR        Management
11A   Approve Share Issue                       FOR       FOR        Management
11B   Approve Share Grants                      FOR       FOR        Management
12    Issue Debt Instruments                    FOR       FOR        Management
13    Amend Articles                            FOR       FOR        Management
14    Approve Accelerated Vesting of Options    FOR       FOR        Management
15    Ratify Board Actions                      FOR       FOR        Management


- --------------------------------------------------------------------------------

RANGE RESOURCES CORP

Ticker:       RRC            Security ID:  75281A109
Meeting Date: MAY 20, 2008   Meeting Type: A
Record Date:  MAR 27, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - CHARLES L. BLACKBURN      FOR       FOR        Management
1.2   Elect Nominee - ANTHONY V. DUB            FOR       FOR        Management
1.3   Elect Nominee - V. RICHARD EALES          FOR       FOR        Management
1.4   Elect Nominee - ALLEN FINKELSON           FOR       FOR        Management
1.5   Elect Nominee - JONATHAN S. LINKER        FOR       FOR        Management
1.6   Elect Nominee - KEVIN S. MCCARTHY         FOR       FOR        Management
1.7   Elect Nominee - JOHN H. PINKERTON         FOR       FOR        Management
1.8   Elect Nominee - JEFFREY L. VENTURA        FOR       FOR        Management
2     Increase Common Stock                     FOR       FOR        Management
3     Add Shares/Amend 2005 Equity-Based        FOR       FOR        Management
      Compensation Plan
4     Ratify Appointment of Auditors            FOR       FOR        Management


- --------------------------------------------------------------------------------

SANDRIDGE ENERGY INC

Ticker:       SD             Security ID:  80007P307
Meeting Date: JUN 6, 2008    Meeting Type: A
Record Date:  APR 9, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - TOM L. WARD               FOR       FOR        Management
1.2   Elect Nominee - ROY T. OLIVER, JR.        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


- --------------------------------------------------------------------------------

SASOL LTD  -ADR

Ticker:                      Security ID:  803866300
Meeting Date: NOV 30, 2007   Meeting Type: A
Record Date:  OCT 22, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements/Reports      /         For        Management
2A    Appoint Director: E LE R BRADLEY          /         For        Management
2B    Appoint Director: V N FAKUDE              /         For        Management
2C    Appoint Director: A JAIN                  /         For        Management
2D    Appoint Director: I N MKHIZE              /         For        Management
2E    Appoint Director: S MONTSI                /         For        Management
3     Appoint Director: T A WIXLEY              /         For        Management
4     Approve Appointment of Auditors           /         For        Management
5S1   Approve English Translation of Articles   /         For        Management
6S2   Authorize Electronic Transmission of      /         For        Management
      Information to Shareholders
7S3   Approve Share Buyback                     /         For        Management
8O1   Approve Directors' Remuneration           /         For        Management


- --------------------------------------------------------------------------------

SASOL LTD  -ADR

Ticker:                      Security ID:  803866300
Meeting Date: NOV 30, 2007   Meeting Type: A
Record Date:  OCT 22, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Financial Statements/Reports      /         For        Management
2A    Appoint Director: E LE R BRADLEY          /         For        Management
2B    Appoint Director: V N FAKUDE              /         For        Management
2C    Appoint Director: A JAIN                  /         For        Management
2D    Appoint Director: I N MKHIZE              /         For        Management
2E    Appoint Director: S MONTSI                /         For        Management
3     Appoint Director: T A WIXLEY              /         For        Management
4     Approve Appointment of Auditors           /         For        Management
5S1   Approve English Translation of Articles   /         For        Management
6S2   Authorize Electronic Transmission of      /         For        Management
      Information to Shareholders
7S3   Approve Share Buyback                     /         For        Management
8O1   Approve Directors' Remuneration           /         For        Management


- --------------------------------------------------------------------------------

SEABRIDGE GOLD INC

Ticker:       SA             Security ID:  811916105
Meeting Date: JUN 18, 2008   Meeting Type: A
Record Date:  APR 25, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - JAMES S. ANTHONY          FOR       FOR        Management
1.2   Elect Nominee - A. FREDERICK BANFIELD     FOR       FOR        Management
1.3   Elect Nominee - WILLIAM M. CALHOUN        FOR       FOR        Management
1.4   Elect Nominee - THOMAS C. DAWSON          FOR       FOR        Management
1.5   Elect Nominee - LOUIS J. FOX              FOR       FOR        Management
1.6   Elect Nominee - RUDI P. FRONK             FOR       FOR        Management
1.7   Elect Nominee - ELISEO GONZALEZ-URIEN     FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management
3     Approve Auditors Remuneration             FOR       FOR        Management
4     Amend Governing Documents -               FOR       FOR        Management
      Modernize/Clarify
5     Add Shares to Stock Option Plan           FOR       FOR        Management
6     Amend Stock Option Plan                   FOR       FOR        Management
7     Approve Stock Grants                      FOR       FOR        Management
8     Approve Stock Plan                        FOR       AGAINST    Management
9     Approve Other Business                    FOR       AGAINST    Management


- --------------------------------------------------------------------------------

SEMAFO INC

Ticker:                      Security ID:  816922108
Meeting Date: JUN 18, 2008   Meeting Type: R
Record Date:  MAY 15, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee: Bryan A. Coates            -         FOR        Management
1.2   Elect Nominee: Jean Lamarre               -         FOR        Management
1.3   Elect Nominee: Benoit La Salle            -         FOR        Management
1.4   Elect Nominee: John Leboutillier          -         FOR        Management
1.5   Elect Nominee: Jean-Pierre Lefebvre       -         FOR        Management
1.6   Elect Nominee: Gilles Masson              -         FOR        Management
1.7   Elect Nominee: G. Douglas Stanley         -         FOR        Management
2.    Approve Appointment/Remuneration of       -         FOR        Management
      Auditors


- --------------------------------------------------------------------------------

SMITH INTERNATIONAL INC

Ticker:       SII            Security ID:  832110100
Meeting Date: MAY 13, 2008   Meeting Type: A
Record Date:  MAR 14, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - LOREN K. CARROLL          FOR       FOR        Management
1.2   Elect Nominee - DOD A. FRASER             FOR       FOR        Management
2     Add Shares/Amend 1989 Long-Term Incentive FOR       FOR        Management
      Compensation Plan
3     Increase Common Stock                     FOR       FOR        Management
4     Ratify Appointment of Auditors            FOR       FOR        Management


- --------------------------------------------------------------------------------

SOUTHERN COPPER CORP

Ticker:       PCU            Security ID:  84265V105
Meeting Date: MAY 28, 2008   Meeting Type: A
Record Date:  MAY 5, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - G. LARREA MOTA-VELASCO    FOR       FOR        Management
1.2   Elect Nominee - OSCAR GONZALEZ ROCHA      FOR       FOR        Management
1.3   Elect Nominee - EMILIO CARRILLO GAMBOA    FOR       FOR        Management
1.4   Elect Nominee - ALFREDO CASAR PEREZ       FOR       FOR        Management
1.5   Elect Nominee - A. DE LA PARRA ZAVALA     FOR       FOR        Management
1.6   Elect Nominee - X.G. DE QUEVEDO TOPETE    FOR       FOR        Management
1.7   Elect Nominee - HAROLD S. HANDELSMAN      FOR       FOR        Management
1.8   Elect Nominee - G. LARREA MOTA-VELASCO    FOR       FOR        Management
1.9   Elect Nominee - D. MUNIZ QUINTANILLA      FOR       FOR        Management
1.10  Elect Nominee - ARMANDO ORTEGA GOMEZ      FOR       FOR        Management
1.11  Elect Nominee - L.M. PALOMINO BONILLA     FOR       FOR        Management
1.12  Elect Nominee - G.P. CIFUENTES            FOR       FOR        Management
1.13  Elect Nominee - JUAN REBOLLEDO GOUT       FOR       FOR        Management
1.14  Elect Nominee - CARLOS RUIZ SACRISTAN     FOR       FOR        Management
2     Increase Common Stock                     FOR       AGAINST    Management
3     Ratify Appointment of Auditors            FOR       FOR        Management


- --------------------------------------------------------------------------------

STERLITE INDUSTRIES (INDIA) LTD.

Ticker:       SLT            Security ID:  859737207
Meeting Date: SEP 28, 2007   Meeting Type: Annual
Record Date:  SEP 4, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     APPROVAL AND ADOPTION OF THE BALANCE      For       For        Management
      SHEET AS AT MARCH 31, 2007 AND THE PROFIT
      AND LOSS ACCOUNT OF THE COMPANY FOR THE
      YEAR ENDED ON THAT DATE AND THE REPORT OF
      THE DIRECTORS  AND AUDITORS  THEREON.
2     APPROVAL TO CONFIRM THE DIVIDEND PAID ON  For       For        Management
      PREFERENCE SHARES.
3     APPROVAL FOR RE-APPOINTMENT OF MR. GAUTAM For       For        Management
      DOSHI AS A DIRECTOR OF THE COMPANY, WHO
      RETIRES BY ROTATION AND BEING ELIGIBLE
      OFFERS HIMSELF FOR RE-APPOINTMENT.
4     APPROVAL FOR RE-APPOINTMENT OF MR.        For       For        Management
      SANDEEP JUNNARKAR AS A DIRECTOR OF THE
      COMPANY, WHO RETIRES BY ROTATION AND
      BEING ELIGIBLE OFFERS HIMSELF FOR
      RE-APPOINTMENT.
5     Ratify Auditors                           For       For        Management


- --------------------------------------------------------------------------------

SUPERIOR ENERGY SERVICES INC

Ticker:       SPN            Security ID:  868157108
Meeting Date: MAY 21, 2008   Meeting Type: A
Record Date:  MAR 31, 2008

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1.1   Elect Nominee - HAROLD J. BOUILLION       FOR       FOR        Management
1.2   Elect Nominee - ENOCH L. DAWKINS          FOR       FOR        Management
1.3   Elect Nominee - JAMES M. FUNK             FOR       FOR        Management
1.4   Elect Nominee - TERENCE E. HALL           FOR       FOR        Management
1.5   Elect Nominee - E.E. 'WYN' HOWARD, III    FOR       FOR        Management
1.6   Elect Nominee - RICHARD A. PATTAROZZI     FOR       FOR        Management
1.7   Elect Nominee - JUSTIN L. SULLIVAN        FOR       FOR        Management
2     Ratify Appointment of Auditors            FOR       FOR        Management


- --------------------------------------------------------------------------------

TRANSOCEAN INC

Ticker:                      Security ID:  G90078109
Meeting Date: NOV 9, 2007    Meeting Type: S
Record Date:  OCT 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger with GlobalSantaFe         For       For        Management
      Corporation
2     Approve Stock Issuance to Complete Merger For       For        Management
3     Increase Board Size                       For       For        Management


- --------------------------------------------------------------------------------

TRANSOCEAN INC

Ticker:                      Security ID:  G90078109
Meeting Date: NOV 9, 2007    Meeting Type: S
Record Date:  OCT 1, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger with GlobalSantaFe         For       For        Management
      Corporation
2     Approve Stock Issuance to Complete Merger For       For        Management
3     Increase Board Size                       For       For        Management


- --------------------------------------------------------------------------------

UNIVERSAL COMPRESSION HOLDINGS, INC.

Ticker:       UCO            Security ID:  913431102
Meeting Date: AUG 16, 2007   Meeting Type: Annual
Record Date:  JUN 28, 2007

#     Proposal                                  Mgt Rec   Vote Cast  Sponsor
1     Approve Merger Agreement                  For       For        Management
2     Approve Omnibus Stock Plan                For       For        Management
3     Approve Qualified Employee Stock Purchase For       For        Management
      Plan
4.1   Elect Director Thomas C. Case             For       For        Management
4.2   Elect Director Janet F. Clark             For       For        Management
4.3   Elect Director Uriel E. Dutton            For       For        Management
5     Ratify Auditors                           For       For        Management
========== END NPX REPORT


                                   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 Natural Resources Fund, Inc.


By




/s/ Judy A. Rice*
      (Jonathan D. Shain)




Judy A. Rice, President

(q) Power of Attorney dated July 1, 2008.  Incorporated by reference to
corresponding exhibit to Post-Effective Amendment No. 33 to the
Registration Statement on Form N1-A for Jennison Natural Resources
Fund, Inc. (File No. 33-15166) filed via EDGAR on July 31, 2008.


Date: August 25, 2008