<Page>

Item 10
Dryden Core Investment Fund
Semi-Annual period ending 07/31/03
File No. 811-09999


                                CERTIFICATIONS


I, Judy A. Rice, certify that:

    1. I have reviewed this report on Form N-CSR of Dryden Core
       Investment Fund;

    2. Based on my knowledge, this report does not contain any untrue
       statement of a material fact or omit to state a material fact
       necessary to make the statements made, in light of the
       circumstances under which such statements were made, not
       misleading with respect to the period covered by this report;

    3. Based on my knowledge, the financial statements, and other
       financial information included in this report, fairly present in
       all material respects the financial condition, results of
       operations, changes in net assets, and cash flows (if the
       financial statements are required to include a statement of cash
       flows) of the registrant as of, and for, the periods presented in
       this report.

    4. The registrant's other certifying officers and I are responsible
       for establishing and maintaining disclosure controls and
       procedures (as defined in Rule 30a-3(c) under the Investment
       Company Act of 1940) for the registrant and have:

         a) Designed such disclosure controls and procedures, or caused
            such disclosure controls and procedures to be designed
            under our supervision, to ensure that material information
            relating to the registrant, including its consolidated
            subsidiaries, is made known to us by others within those
            entities, particularly during the period in which this
            report is being prepared;

         b) Evaluated the effectiveness of the registrant's disclosure
            controls and procedures and presented in this report our
            conclusions about the effectiveness of the disclosure
            controls and procedures, as of a date within 90 days prior
            to the filing date of this report based on such evaluation; and;

         c) Disclosed in this report any change in the registrant's
            internal control over financial reporting that occurred
            during the registrant's most recent fiscal half-year (the
            registrant's second fiscal half-year in the case of an
            annual report) that has materially affected, or is
            reasonably likely to materially affect, the registrant's
            internal control over financial reporting; and

    5. The registrant's other certifying officers and I have disclosed
       to the registrant's auditors and the audit committee of the
       registrant's board of directors (or persons performing the
       equivalent functions):

         a) All significant deficiencies and material weaknesses in the
            design or operation of internal controls which are
            reasonably likely to adversely affect the registrant's
            ability to record, process, summarize, and report financial
            information; and

         b) Any fraud, whether or not material, that involves
            management or other employees who have a significant role
            in the registrant's internal control over financial reporting.


Date:  September 26, 2003



                                       /s/Judy A. Rice
                                       -------------------------
                                       Judy A. Rice
                                       President and Principal Executive
                                       Officer




<Page>

Item 10
Dryden Core Investment Fund
Semi-Annual period ending 07/31/03
File No. 811-09999


                                CERTIFICATIONS


I, Grace C. Torres, certify that:

    1. I have reviewed this report on Form N-CSR of Dryden Core
       Investment Fund;

    2. Based on my knowledge, this report does not contain any untrue
       statement of a material fact or omit to state a material fact
       necessary to make the statements made, in light of the
       circumstances under which such statements were made, not
       misleading with respect to the period covered by this report;

    3. Based on my knowledge, the financial statements, and other
       financial information included in this report, fairly present in
       all material respects the financial condition, results of
       operations, changes in net assets, and cash flows (if the
       financial statements are required to include a statement of cash
       flows) of the registrant as of, and for, the periods presented in
       this report.

    4. The registrant's other certifying officers and I are responsible
       for establishing and maintaining disclosure controls and
       procedures (as defined in Rule 30a-3(c) under the Investment
       Company Act of 1940) for the registrant and have:

         a. Designed such disclosure controls and procedures, or caused
            such disclosure controls and procedures to be designed
            under our supervision, to ensure that material information
            relating to the registrant, including its consolidated
            subsidiaries, is made known to us by others within those
            entities, particularly during the period in which this
            report is being prepared;

         b. Evaluated the effectiveness of the registrant's disclosure
            controls and procedures and presented in this report our
            conclusions about the effectiveness of the disclosure
            controls and procedures, as of a date within 90 days prior
            to the filing date of this report based on such evaluation; and;

         c. Disclosed in this report any change in the registrant's
            internal control over financial reporting that occurred
            during the registrant's most recent fiscal half-year (the
            registrant's second fiscal half-year in the case of an
            annual report) that has materially affected, or is
            reasonably likely to materially affect, the registrant's
            internal control over financial reporting; and

    5. The registrant's other certifying officers and I have disclosed
       to the registrant's auditors and the audit committee of the
       registrant's board of directors (or persons performing the
       equivalent functions):

         a. All significant deficiencies and material weaknesses in the
            design or operation of internal controls which are
            reasonably likely to adversely affect the registrant's
            ability to record, process, summarize, and report financial
            information; and

         b. Any fraud, whether or not material, that involves
            management or other employees who have a significant role
            in the registrant's internal control over financial reporting.


Date:  September 26, 2003



                                       /s/Grace C. Torres
                                       -------------------------
                                       Grace C. Torres
                                       Treasurer and Chief Financial Officer