Prudential Investment Portfolios Inc

N-PX 1 dnpx.htm PRUDENTIAL INVESTMENT PORTFOLIOS INC Prudential Investment Portfolios Inc

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-07343

The Prudential Investment Portfolios, 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: September 30, 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 7/1/04—6/30/04

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: Dryden Active Balanced Fund (Equity)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

3M Co

MMM

88579Y101

5/11/2004

Annual

Adviser: PIM

1.01 Elect Edward A. Brennan

MGMT

YES

FOR

1.02 Elect Michael L. Eskew

MGMT

YES

FOR

1.03 Elect W. James McNerney Jr.

MGMT

YES

FOR

1.04 Elect Kevin W. Sharer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Abbott Laboratories

ABT

002824100

4/23/2004

Annual

Adviser: PIM

1.01 Elect Roxanne S. Austin

MGMT

YES

FOR

1.02 Elect H. Laurance Fuller

MGMT

YES

FOR

1.03 Elect Richard A. Gonzalez

MGMT

YES

FOR

1.04 Elect Jack M. Greenberg

MGMT

YES

FOR

1.05 Elect Jeffrey M. Leiden

MGMT

YES

FOR

1.06 Elect David Owen

MGMT

YES

FOR

1.07 Elect Boone Powell Jr.

MGMT

YES

FOR

1.08 Elect Addison Barry Rand

MGMT

YES

FOR

1.09 Elect W. Ann Reynolds

MGMT

YES

FOR

1.10 Elect Roy S. Roberts

MGMT

YES

FOR

1.11 Elect William D. Smithburg

MGMT

YES

FOR

1.12 Elect John R. Walter

MGMT

YES

FOR

1.13 Elect Miles D. White

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

Page 1 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ace Ltd

ACE

G0070K103

5/27/2004

Annual

Adviser: PIM

1.01 Elect Brian Duperreault

MGMT

YES

FOR

1.02 Elect Robert M. Hernandez

MGMT

YES

FOR

1.03 Elect Peter Menikoff

MGMT

YES

FOR

1.04 Elect Robert Ripp

MGMT

YES

FOR

1.05 Elect Dermot F. Smurfit

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

ADC Telecommunications

ADCT

000886101

3/2/2004

Annual

Adviser: PIM

1.01 Elect Robert Annunziata

MGMT

YES

FOR

1.02 Elect John J. Boyle III

MGMT

YES

FOR

1.03 Elect Larry W. Wangberg

MGMT

YES

FOR

1.04 Elect Robert E. Switz

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

2.00 Extend Term of Stock Option Plan

MGMT

YES

AGNST

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Adobe Systems

ADBE

00724F101

4/28/2004

Annual

Adviser: PIM

1.01 Elect Michael R. Cannon

MGMT

YES

FOR

1.02 Elect Bruce R. Chizen

MGMT

YES

FOR

1.03 Elect James E. Daley

MGMT

YES

FOR

1.04 Elect Charles M. Geschke

MGMT

YES

FOR

1.05 Elect Delbert W. Yocam

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 2 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Advanced Micro Devices

AMD

007903107

4/29/2004

Annual

Adviser: PIM

1.01 Elect W. J. Sanders III

MGMT

YES

FOR

1.02 Elect Hector de J. Ruiz

MGMT

YES

FOR

1.03 Elect W. Michael Barnes

MGMT

YES

FOR

1.04 Elect Charles M. Blalack

MGMT

YES

FOR

1.05 Elect R. Gene Brown

MGMT

YES

FOR

1.06 Elect Bruce Claflin

MGMT

YES

FOR

1.07 Elect H. Paulett Eberhart

MGMT

YES

FOR

1.08 Elect Robert B. Palmer

MGMT

YES

FOR

1.09 Elect Leonard M. Silverman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

AES

00130H105

4/28/2004

Annual

Adviser: PIM

1.01 Elect Richard Darman

MGMT

YES

FOR

1.02 Elect Alice F. Emerson

MGMT

YES

FOR

1.03 Elect Paul T. Hanrahan

MGMT

YES

FOR

1.04 Elect Kristina M. Johnson

MGMT

YES

FOR

1.05 Elect John A. Koskinen

MGMT

YES

FOR

1.06 Elect Philip Lader

MGMT

YES

FOR

1.07 Elect John H. McArthur

MGMT

YES

FOR

1.08 Elect Sandra O. Moose

MGMT

YES

FOR

1.09 Elect Phillip A. Odeen

MGMT

YES

FOR

1.10 Elect Charles O. Rossotti

MGMT

YES

FOR

1.11 Elect Sven Sandstrom

MGMT

YES

FOR

1.12 Elect Roger W. Sant

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 3 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Aetna

AET

00817Y108

4/30/2004

Annual

Adviser: PIM

1.01 Elect Betsy Z. Cohen

MGMT

YES

FOR

1.02 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.03 Elect Jeffery E. Garten

MGMT

YES

FOR

1.04 Elect Earl G. Graves Sr.

MGMT

YES

FOR

1.05 Elect Gerald Greenwald

MGMT

YES

FOR

1.06 Elect Ellen M. Hancock

MGMT

YES

FOR

1.07 Elect Michael H. Jordan

MGMT

YES

FOR

1.08 Elect Jack D. Kuehler

MGMT

YES

FOR

1.09 Elect Edward J. Ludwig

MGMT

YES

FOR

1.10 Elect Joseph P. Newhouse

MGMT

YES

FOR

1.11 Elect Judith Rodin

MGMT

YES

FOR

1.12 Elect John W. Rowe

MGMT

YES

FOR

1.13 Elect Ronald A. Williams

MGMT

YES

FOR

1.14 Elect R. David Yost

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-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 4 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Aflac

AFL

001055102

5/3/2004

Annual

Adviser: PIM

1.01 Elect Daniel P. Amos

MGMT

YES

FOR

1.02 Elect J. Shelby Amos II

MGMT

YES

FOR

1.03 Elect Michael H. Armacost

MGMT

YES

FOR

1.04 Elect Kriss Cloninger III

MGMT

YES

FOR

1.05 Elect Joe Frank Harris

MGMT

YES

FOR

1.06 Elect Elizabeth J. Hudson

MGMT

YES

FOR

1.07 Elect Kenneth S. Janke Sr.

MGMT

YES

FOR

1.08 Elect Douglas W. Johnson

MGMT

YES

FOR

1.09 Elect Robert B. Johnson

MGMT

YES

FOR

1.10 Elect Charles B. Knapp

MGMT

YES

FOR

1.11 Elect Hidefumi Matsui

MGMT

YES

FOR

1.12 Elect Nobuhiro Mori

MGMT

YES

FOR

1.13 Elect E. Stephen Purdom

MGMT

YES

FOR

1.14 Elect Barbara K. Rimer

MGMT

YES

FOR

1.15 Elect Marvin R. Schuster

MGMT

YES

FOR

1.16 Elect Glenn Vaughn Jr.

MGMT

YES

FOR

1.17 Elect Robert L. Wright

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Agilent Technologies

00846U101

3/2/2004

Annual

Adviser: PIM

1.01 Elect James G. Cullen

MGMT

YES

FOR

1.02 Elect Robert L. Joss

MGMT

YES

FOR

1.03 Elect Walter B. Hewlett

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 5 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Air Products and Chemicals

APD

009158106

1/22/2004

Annual

Adviser: PIM

1.01 Elect W. Douglas Ford

MGMT

YES

FOR

1.02 Elect James F. Hardymon

MGMT

YES

FOR

1.03 Elect Paula G. Rosput

MGMT

YES

FOR

1.04 Elect Lawrason D. Thomas

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Alberto-Culver

ACV

013068101

1/22/2004

Annual

Adviser: PIM

1.01 Elect A. G. Atwater Jr.

MGMT

YES

FOR

1.02 Elect Sam J. Susser

MGMT

YES

FOR

1.03 Elect William W. Wirtz

MGMT

YES

FOR

1.04 Elect John A. Miller

MGMT

YES

FOR

1.05 Elect James G. Brocksmith Jr.

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Eliminate Dual Class Stock

MGMT

YES

FOR

4.00 Increase Authorized Common Stock

MGMT

YES

FOR

Albertson’s Inc

ABS

013104104

6/10/2004

Annual

Adviser: PIM

1.01 Elect Pamela G. Bailey

MGMT

YES

FOR

1.02 Elect Teresa Beck

MGMT

YES

FOR

1.03 Elect Beth M. Pritchard

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

5.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

AGNST

6.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

7.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Page 6 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Alcoa

013817101

4/30/2004

Annual

Adviser: PIM

1.01 Elect Alain J.P. Belda

MGMT

YES

FOR

1.02 Elect Carlos Ghosn

MGMT

YES

FOR

1.03 Elect Henry B. Schacht

MGMT

YES

FOR

1.04 Elect Franklin A. Thomas

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.01 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

3.02 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Allegheny Energy

AYE

017361106

11/14/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

4.00 SP-Award Performance-based Stock Opt

SHLDR

YES

FOR

AGNST

5.00 SP-Award Performance-based Stock Opt

SHLDR

YES

FOR

AGNST

6.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

8.00 SP-Eliminate Supermajority Provision

SHLDR

YES

AGNST

FOR

9.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

10.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

11.00 SP-Reincorporation

SHLDR

YES

AGNST

FOR

Page 7 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Allegheny Energy Inc

AYE

017361106

5/13/2004

Annual

Adviser: PIM

1.01 Elect Eleanor Baum

MGMT

YES

FOR

1.02 Elect Cyrus F. Freidheim Jr.

MGMT

YES

FOR

1.03 Elect Ted J. Kleisner

MGMT

YES

FOR

2.00 Eliminate Cumulative Voting

MGMT

YES

AGNST

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

7.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

8.00 SP-Repeal Classified Board

SHLDR

YES

FOR

9.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

10.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

11.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

12.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

13.00 SP-Restore Preemptive Rights

SHLDR

YES

FOR

AGNST

14.00 SP-Reincorporation

SHLDR

YES

AGNST

FOR

Allegheny Technologies

ATI

01741R102

5/6/2004

Annual

Adviser: PIM

1.01 Elect L. Patrick Hassey

MGMT

YES

FOR

1.02 Elect H. Kent Bowen

MGMT

YES

FOR

1.03 Elect John D. Turner

MGMT

YES

FOR

Allergan

AGN

018490102

4/28/2004

Annual

Adviser: PIM

1.01 Elect Handel E. Evans

MGMT

YES

FOR

1.02 Elect Michael R. Gallagher

MGMT

YES

FOR

1.03 Elect Gavin S. Herbert

MGMT

YES

FOR

1.04 Elect Stephen J. Ryan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 8 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Allied Waste Industries

019589308

12/18/2003

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

Allied Waste Industries Inc

019589308

5/21/2004

Annual

Adviser: PIM

1.01 Elect Thomas H. Van Weelden

MGMT

YES

FOR

1.02 Elect Robert M. Agate

MGMT

YES

FOR

1.03 Elect Leon D. Black

MGMT

YES

FOR

1.04 Elect James W. Crownover

MGMT

YES

FOR

1.05 Elect Michael S. Gross

MGMT

YES

FOR

1.06 Elect Dennis R. Hendrix

MGMT

YES

FOR

1.07 Elect J. Tomilson Hill

MGMT

YES

FOR

1.08 Elect Lawrence V. Jackson

MGMT

YES

FOR

1.09 Elect Nolan Lehmann

MGMT

YES

FOR

1.10 Elect Howard A. Lipson

MGMT

YES

FOR

1.11 Elect Antony P. Ressler

MGMT

YES

FOR

1.12 Elect Warren B. Rudman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Report on Efforts to Oppose Privatization

SHLDR

YES

AGNST

FOR

Page 9 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Allstate Corp

ALL

020002101

5/18/2004

Annual

Adviser: PIM

1.01 Elect F. Duane Ackerman

MGMT

YES

FOR

1.02 Elect James G. Andress

MGMT

YES

FOR

1.03 Elect Edward A. Brennan

MGMT

YES

FOR

1.04 Elect W. James Farrell

MGMT

YES

FOR

1.05 Elect Jack M. Greenberg

MGMT

YES

FOR

1.06 Elect Ronald T. LeMay

MGMT

YES

FOR

1.07 Elect Edward M. Liddy

MGMT

YES

FOR

1.08 Elect J. Christopher Reyes

MGMT

YES

FOR

1.09 Elect H. John Riley Jr.

MGMT

YES

FOR

1.10 Elect Joshua I. Smith

MGMT

YES

FOR

1.11 Elect Judith A. Sprieser

MGMT

YES

FOR

1.12 Elect Mary Alice Taylor

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

5.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

Alltel

020039103

4/22/2004

Annual

Adviser: PIM

1.01 Elect Scott T. Ford

MGMT

YES

FOR

1.02 Elect Lawrence L. Gellerstedt III

MGMT

YES

FOR

1.03 Elect Emon A. Mahony Jr.

MGMT

YES

FOR

1.04 Elect Ronald Townsend

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Sexual Orientation Anti-Bias Policy

SHLDR

YES

AGNST

Page 10 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Altera Corp

ALTR

021441100

5/11/2004

Annual

Adviser: PIM

1.01 Elect John P. Daane

MGMT

YES

FOR

1.02 Elect Robert W. Reed

MGMT

YES

FOR

1.03 Elect Charles M. Clough

MGMT

YES

FOR

1.04 Elect Robert J. Finocchio Jr.

MGMT

YES

FOR

1.05 Elect Kevin J. McGarity

MGMT

YES

FOR

1.06 Elect Paul Newhagen

MGMT

YES

FOR

1.07 Elect William E. Terry

MGMT

YES

FOR

1.08 Elect Susan Wang

MGMT

YES

FOR

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 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Altria Group

02209S103

4/29/2004

Annual

Adviser: PIM

1.01 Elect Elizabeth E. Bailey

MGMT

YES

FOR

1.02 Elect Mathis Cabiallavetta

MGMT

YES

FOR

1.03 Elect Loius C. Camilleri

MGMT

YES

FOR

1.04 Elect Dudley Fishburn

MGMT

YES

FOR

1.05 Elect Robert E.R. Huntley

MGMT

YES

FOR

1.06 Elect Thomas W. Jones

MGMT

YES

FOR

1.07 Elect Lucio A. Noto

MGMT

YES

FOR

1.08 Elect John S. Reed

MGMT

YES

FOR

1.09 Elect Carlos Slim Helu

MGMT

YES

FOR

1.10 Elect Stephen M. Wolf

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

4.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

6.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

7.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

8.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 11 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ambac Financial Group

ABK

023139108

5/4/2004

Annual

Adviser: PIM

1.01 Elect Phillip B. Lassiter

MGMT

YES

FOR

1.02 Elect Michael A. Callen

MGMT

YES

FOR

1.03 Elect Renso L. Caporali

MGMT

YES

FOR

1.04 Elect Jill M. Considine

MGMT

YES

FOR

1.05 Elect Richard Dulude

MGMT

YES

FOR

1.06 Elect Robert j. Genader

MGMT

YES

FOR

1.07 Elect W. Grant Gregory

MGMT

YES

FOR

1.08 Elect Laura S. Unger

MGMT

YES

FOR

1.09 Elect Henry D. G. Wallace

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Amerada Hess

AHC

023551104

5/5/2004

Annual

Adviser: PIM

1.01 Elect Nicholas F. Brady

MGMT

YES

FOR

1.02 Elect J. Barclay Collins II

MGMT

YES

FOR

1.03 Elect Thomas H. Kean

MGMT

YES

FOR

1.04 Elect Frank A. Olson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Indep. Director-Shareholder Dialogue

SHLDR

YES

AGNST

FOR

Page 12 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ameren

AEE

023608102

4/27/2004

Annual

Adviser: PIM

1.01 Elect Susan S. Elliott

MGMT

YES

FOR

1.02 Elect Clifford L. Greenwalt

MGMT

YES

FOR

1.03 Elect Thomas A. Hays

MGMT

YES

FOR

1.04 Elect Richard A. Liddy

MGMT

YES

FOR

1.05 Elect Gordon R. Lohman

MGMT

YES

FOR

1.06 Elect Richard A. Lumpkin

MGMT

YES

FOR

1.07 Elect John P. MacCarthy

MGMT

YES

FOR

1.08 Elect Paul L. Miller Jr.

MGMT

YES

FOR

1.09 Elect Charles W. Mueller

MGMT

YES

FOR

1.10 Elect Douglas R. Oberhelman

MGMT

YES

FOR

1.11 Elect Gary L. Rainwater

MGMT

YES

FOR

1.12 Elect Harvey Saligman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

Page 13 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American Electric Power

AEP

025537101

4/27/2004

Annual

Adviser: PIM

1.01 Elect E. Richard Brooks

MGMT

YES

FOR

1.02 Elect Donald M. Carlton

MGMT

YES

FOR

1.03 Elect John P. DesBarres

MGMT

YES

FOR

1.04 Elect Robert W. Fri

MGMT

YES

FOR

1.05 Elect William R. Howell

MGMT

YES

FOR

1.06 Elect Lester A. Hudson Jr.

MGMT

YES

FOR

1.07 Elect Leonard J. Kujawa

MGMT

YES

FOR

1.08 Elect Michael G. Morris

MGMT

YES

FOR

1.09 Elect Richard L. Sandor

MGMT

YES

FOR

1.10 Elect Donald G. Smith

MGMT

YES

FOR

1.11 Elect Kathryn D. Sullivan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

4.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

5.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

6.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

Page 14 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American Express

AXP

025816109

4/26/2004

Annual

Adviser: PIM

1.01 Elect Daniel F. Akerson

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

FOR

1.03 Elect William G. Bowen

MGMT

YES

FOR

1.04 Elect Ursula M. Burns

MGMT

YES

FOR

1.05 Elect Kenneth I. Chenault

MGMT

YES

FOR

1.06 Elect Peter R. Dolan

MGMT

YES

FOR

1.07 Elect Vernon E. Jordan Jr.

MGMT

YES

FOR

1.08 Elect Jan Leschly

MGMT

YES

FOR

1.09 Elect Richard A. McGinn

MGMT

YES

FOR

1.10 Elect Edward D. Miller

MGMT

YES

FOR

1.11 Elect Frank P. Popoff

MGMT

YES

FOR

1.12 Elect Robert D. Walter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

American Greetings

026375105

6/25/2004

Annual

Adviser: PIM

1.01 Elect Scott S. Cowen

MGMT

YES

FOR

1.02 Elect Harriet Mouchly-Weiss

MGMT

YES

FOR

1.03 Elect Charles A. Ratner

MGMT

YES

FOR

1.04 Elect Zev Weiss

MGMT

YES

FOR

1.05 Elect Joseph Hardin

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

Page 15 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American International Group

AIG

026874107

5/19/2004

Annual

Adviser: PIM

1.01 Elect M. Bernard Aidinoff

MGMT

YES

FOR

1.02 Elect Pei-Yuan Chia

MGMT

YES

FOR

1.03 Elect Marshall A. Cohen

MGMT

YES

FOR

1.04 Elect William S. Cohen

MGMT

YES

FOR

1.05 Elect Martin S. Feldstein

MGMT

YES

FOR

1.06 Elect Ellen V. Futter

MGMT

YES

FOR

1.07 Elect Maurice R. Greenberg

MGMT

YES

FOR

1.08 Elect Carla A. Hills

MGMT

YES

FOR

1.09 Elect Frank J. Hoenemeyer

MGMT

YES

FOR

1.10 Elect Richard C. Holbrooke

MGMT

YES

FOR

1.11 Elect Donald P. Kanak

MGMT

YES

FOR

1.12 Elect Howard I. Smith

MGMT

YES

FOR

1.13 Elect Martin J. Sullivan

MGMT

YES

FOR

1.14 Elect Edmund S.W. Tse

MGMT

YES

FOR

1.15 Elect Frank G. Zarb

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

6.00 SP-Sever Links with Tobacco Industry

SHLDR

YES

AGNST

7.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

Page 16 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American Power Conversion

APCC

029066107

6/10/2004

Annual

Adviser: PIM

1.00 Approve Board Size

MGMT

YES

FOR

2.01 Elect Rodger B. Dowdell Jr.

MGMT

YES

FOR

2.02 Elect Emanuel E. Landsman

MGMT

YES

FOR

2.03 Elect Neil E. Rasmussen

MGMT

YES

FOR

2.04 Elect Ervin F. Lyon

MGMT

YES

FOR

2.05 Elect James D. Gerson

MGMT

YES

FOR

2.06 Elect John G. Kassakian

MGMT

YES

FOR

2.07 Elect John F. Keane

MGMT

YES

FOR

2.08 Elect Ellen B. Richstone

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

American Standard

ASD

029712106

5/4/2004

Annual

Adviser: PIM

1.01 Elect Steven E. Anderson

MGMT

YES

FOR

1.02 Elect James F. Hardymon

MGMT

YES

FOR

1.03 Elect Ruth Ann Marshall

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

AmerisourceBergen

ABC

03073E105

3/5/2004

Annual

Adviser: PIM

1.01 Elect Edward E. Hagenlocker

MGMT

YES

FOR

1.02 Elect Kurt J Hilzinger

MGMT

YES

FOR

Page 17 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Amgen Inc

AMGN

031162100

5/13/2004

Annual

Adviser: PIM

1.01 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.02 Elect Jerry D. Choate

MGMT

YES

FOR

1.03 Elect Frank C. Herringer

MGMT

YES

FOR

1.04 Elect Gilbert S. Omenn

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report on EEO

SHLDR

YES

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

AmSouth Bancorporation

ASO

032165102

4/15/2004

Annual

Adviser: PIM

1.01 Elect Claude B. Nielsen

MGMT

YES

FOR

1.02 Elect Cleophus Thomas

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

5.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

6.00 SP-Report on Political Donations and Policy

SHLDR

YES

AGNST

Anadarko Petroleum

APC

032511107

5/6/2004

Annual

Adviser: PIM

1.01 Elect Larry Barcus

MGMT

YES

FOR

1.02 Elect James L. Bryan

MGMT

YES

FOR

1.03 Elect James T. Hackett

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 18 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Analog Devices

ADI

032654105

3/9/2004

Annual

Adviser: PIM

1.01 Elect Jerald G. Fishman

MGMT

YES

FOR

1.02 Elect F. Grant Saviers

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Andrew

ANDW

034425108

7/15/2003

Annual

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Issuance/Conversion of Prefe

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Authorize Preferred Stock

MGMT

YES

FOR

3.00 Approve Board Size

MGMT

YES

FOR

4.00 Adjourn Meeting

MGMT

YES

AGNST

Andrew

ANDW

034425108

2/10/2004

Annual

Adviser: PIM

1.01 Elect John G. Bollinger

MGMT

YES

FOR

1.02 Elect Philip W. Colburn

MGMT

YES

FOR

1.03 Elect Thomas A. Donahoe

MGMT

YES

FOR

1.04 Elect Ralph E. Faison

MGMT

YES

FOR

1.05 Elect Jere D. Fluno

MGMT

YES

FOR

1.06 Elect William O. Hunt

MGMT

YES

FOR

1.07 Elect Charles R. Nicholas

MGMT

YES

FOR

1.08 Elect Robert G. Paul

MGMT

YES

FOR

1.09 Elect Gerald A. Poch

MGMT

YES

FOR

1.10 Elect Glen O. Toney

MGMT

YES

FOR

1.11 Elect Dennis L. Whipple

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 19 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Anheuser-Busch

BUD

035229103

4/28/2004

Annual

Adviser: PIM

1.01 Elect August A. Busch III

MGMT

YES

FOR

1.02 Elect Carlos Fernandez G.

MGMT

YES

FOR

1.03 Elect James R. Jones

MGMT

YES

FOR

1.04 Elect Andrew C. Taylor

MGMT

YES

FOR

1.05 Elect Douglas A. Warner III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Anthem Inc

ATH

03674B104

5/17/2004

Annual

Adviser: PIM

1.01 Elect Victor S. Liss

MGMT

YES

FOR

1.02 Elect James W. McDowell, Jr.

MGMT

YES

FOR

1.03 Elect George A. Schaefer Jr.

MGMT

YES

FOR

1.04 Elect Jackie M. Ward

MGMT

YES

FOR

Anthem Inc

ATH

03674B104

6/28/2004

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Approve Name Change

MGMT

YES

FOR

Page 20 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

AON Corp

AOC

037389103

5/21/2004

Annual

Adviser: PIM

1.01 Elect Edgar D. Jannotta

MGMT

YES

FOR

1.02 Elect P.J. Kalff

MGMT

YES

FOR

1.03 Elect Lester B. Knight

MGMT

YES

FOR

1.04 Elect J. Michael Losh

MGMT

YES

FOR

1.05 Elect Eden R Martin

MGMT

YES

FOR

1.06 Elect Andrew J. McKenna

MGMT

YES

FOR

1.07 Elect Robert S. Morrison

MGMT

YES

FOR

1.08 Elect Richard C. Notebaert

MGMT

YES

FOR

1.09 Elect Michael D. O’Halleran

MGMT

YES

FOR

1.10 Elect John W. Rogers Jr.

MGMT

YES

FOR

1.11 Elect Patrick G. Ryan

MGMT

YES

FOR

1.12 Elect Gloria Santona

MGMT

YES

FOR

1.13 Elect Carolyn Y. Woo

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Apache

APA

037411105

12/18/2003

Special

Adviser: PIM

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Apache

APA

037411105

5/6/2004

Annual

Adviser: PIM

1.01 Elect Eugene C. Fiedorek

MGMT

YES

FOR

1.02 Elect Patricia Albjerg Graham

MGMT

YES

FOR

1.03 Elect F.H. Merelli

MGMT

YES

FOR

1.04 Elect Raymond Plank

MGMT

YES

FOR

2.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 21 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Apartment Investment & Management

AIV

03748R101

4/30/2004

Annual

Adviser: PIM

1.01 Elect Terry Considine

MGMT

YES

FOR

1.02 Elect Peter K. Kompaniez

MGMT

YES

FOR

1.03 Elect James N. Bailey

MGMT

YES

FOR

1.04 Elect Richard S. Ellwood

MGMT

YES

FOR

1.05 Elect J. Landis Martin

MGMT

YES

FOR

1.06 Elect Thomas L. Rhodes

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Executive Investment Program

MGMT

YES

FOR

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Apple Computer

AAPL

037833100

4/22/2004

Annual

Adviser: PIM

1.01 Elect William V. Campbell

MGMT

YES

FOR

1.02 Elect Millard S. Drexler

MGMT

YES

FOR

1.03 Elect Albert Gore Jr.

MGMT

YES

FOR

1.04 Elect Steven P. Jobs

MGMT

YES

FOR

1.05 Elect Jerome B. York

MGMT

YES

FOR

1.06 Elect Arthur D. Levinson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Implement Executive Compensation Plan

SHLDR

YES

AGNST

FOR

Applera

ABI

038020103

10/16/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 22 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Applied Materials

AMAT

038222105

3/24/2004

Annual

Adviser: PIM

1.01 Elect Michael H. Armacost

MGMT

YES

FOR

1.02 Elect Deborah A. Coleman

MGMT

YES

FOR

1.03 Elect Herbert M. Dwight Jr.

MGMT

YES

FOR

1.04 Elect Philip V. Gerdine

MGMT

YES

FOR

1.05 Elect Paul R. Low

MGMT

YES

FOR

1.06 Elect Dan Maydan

MGMT

YES

FOR

1.07 Elect Steven L. Miller

MGMT

YES

FOR

1.08 Elect James C. Morgan

MGMT

YES

FOR

1.09 Elect Gerhard Parker

MGMT

YES

FOR

1.10 Elect Michael R. Splinter

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

Applied Micro Circuits

AMCC

03822W109

8/27/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Archer-Daniels-Midland

ADM

039483102

11/6/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

Ashland

ASH

044204105

1/29/2004

Annual

Adviser: PIM

1.01 Elect Ernest H. Drew

MGMT

YES

FOR

1.02 Elect Mannie L. Jackson

MGMT

YES

FOR

1.03 Elect Theodore M. Solso

MGMT

YES

FOR

1.04 Elect Michael J. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 23 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

AT&T Corp

001957505

5/19/2004

Annual

Adviser: PIM

1.01 Elect William F. Aldinger III

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect David W. Dorman

MGMT

YES

FOR

1.04 Elect M. Kathryn Eickhoff

MGMT

YES

FOR

1.05 Elect Herbert L. Henkel

MGMT

YES

FOR

1.06 Elect Frank C. Herringer

MGMT

YES

FOR

1.07 Elect Shirley A. Jackson

MGMT

YES

FOR

1.08 Elect Jon C. Madonna

MGMT

YES

FOR

1.09 Elect Donald F. McHenry

MGMT

YES

FOR

1.10 Elect Tony L. White

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

5.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

6.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

7.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

AT&T Wireless Services Inc

AWE

00209A106

5/19/2004

Annual

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Nobuharu Ono

MGMT

YES

FOR

2.02 Elect Carolyn M. Ticknor

MGMT

YES

FOR

2.03 Elect John D. Zeglis

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Page 24 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Autodesk Inc

ADSK

052769106

6/17/2004

Annual

Adviser: PIM

1.01 Elect Carol A. Bartz

MGMT

YES

FOR

1.02 Elect Mark A. Bertelsen

MGMT

YES

FOR

1.03 Elect Crawford W. Beveridge

MGMT

YES

FOR

1.04 Elect J. Hallam Dawson

MGMT

YES

FOR

1.05 Elect Michael J. Fister

MGMT

YES

FOR

1.06 Elect Per-Kristian Halvorsen

MGMT

YES

FOR

1.07 Elect Steven L. Scheid

MGMT

YES

FOR

1.08 Elect Mary Alice Taylor

MGMT

YES

FOR

1.09 Elect Larry W. Wangberg

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

Automatic Data Processing

ADP

053015103

11/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Adopt Director Stock Award Plan

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

AutoNation Inc

05329W102

5/12/2004

Annual

Adviser: PIM

1.01 Elect Michael J. Jackson

MGMT

YES

FOR

1.02 Elect Robert J. Brown

MGMT

YES

FOR

1.03 Elect J.P. Bryan

MGMT

YES

FOR

1.04 Elect Rick L. Burdick

MGMT

YES

FOR

1.05 Elect William C. Crowley

MGMT

YES

FOR

1.06 Elect Alan S. Dawes

MGMT

YES

FOR

1.07 Elect Edward S. Lampert

MGMT

YES

FOR

1.08 Elect Irene B. Rosenfeld

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 25 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

AutoZone

AZO

053332102

12/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Avaya

053499109

2/26/2004

Annual

Adviser: PIM

1.01 Elect Joseph P. Landy

MGMT

YES

FOR

1.02 Elect Mark Leslie

MGMT

YES

FOR

1.03 Elect Donald K. Peterson

MGMT

YES

FOR

1.04 Elect Anthony P. Terracciano

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

Avery Dennison

AVY

053611109

4/22/2004

Annual

Adviser: PIM

1.01 Elect Philip M. Neal

MGMT

YES

FOR

1.02 Elect Frank V. Cahouet

MGMT

YES

FOR

1.03 Elect Peter W. Mullin

MGMT

YES

FOR

1.04 Elect Bruce Karatz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

Avon Products

AVP

054303102

5/6/2004

Annual

Adviser: PIM

1.01 Elect Edward T. Fogarty

MGMT

YES

FOR

1.02 Elect Susan J. Kropf

MGMT

YES

FOR

1.03 Elect Maria Elena Lagomasino

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

6.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

Page 26 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Baker Hughes

BHI

057224107

4/28/2004

Annual

Adviser: PIM

1.01 Elect Edward P. Djerejian

MGMT

YES

FOR

1.02 Elect H. John Riley Jr.

MGMT

YES

FOR

1.03 Elect Charles L. Watson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Ball

BLL

058498106

4/28/2004

Annual

Adviser: PIM

1.01 Elect Hanno C. Fiedler

MGMT

YES

FOR

1.02 Elect John F. Lehman

MGMT

YES

FOR

1.03 Elect George A. Sissel

MGMT

YES

FOR

1.04 Elect Erik H. van der Kaay

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bank Of America

BAC

060505104

3/17/2004

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 Adjourn Meeting

MGMT

YES

AGNST

Page 27 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bank of America Corp

BAC

060505104

5/26/2004

Annual

Adviser: PIM

1.01 Elect William Barnet III

MGMT

YES

FOR

1.02 Elect Charles W. Coker

MGMT

YES

FOR

1.03 Elect John T. Collins

MGMT

YES

FOR

1.04 Elect Gary L. Countryman

MGMT

YES

FOR

1.05 Elect Paul Fulton

MGMT

YES

FOR

1.06 Elect Charles K. Gifford

MGMT

YES

FOR

1.07 Elect Donald E. Guinn

MGMT

YES

FOR

1.08 Elect James H. Hance Jr.

MGMT

YES

FOR

1.09 Elect Kenneth D. Lewis

MGMT

YES

FOR

1.10 Elect Walter E. Massey

MGMT

YES

FOR

1.11 Elect J. Thomas May

MGMT

YES

FOR

1.12 Elect C. Steven McMillan

MGMT

YES

FOR

1.13 Elect Eugene M. McQuade

MGMT

YES

FOR

1.14 Elect Patricia E. Mitchell

MGMT

YES

FOR

1.15 Elect Edward L. Romero

MGMT

YES

FOR

1.16 Elect Thomas M. Ryan

MGMT

YES

FOR

1.17 Elect O. Temple Sloan Jr.

MGMT

YES

FOR

1.18 Elect Meredith R. Spangler

MGMT

YES

FOR

1.19 Elect Jackie M. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Change Annual Meeting Date

SHLDR

YES

AGNST

FOR

4.00 SP-Double Board Nominees

SHLDR

YES

AGNST

FOR

5.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

6.00 SP-Mutual Funds Review Committee

SHLDR

YES

AGNST

FOR

7.00 SP-Ensure Customer Privacy

SHLDR

YES

AGNST

Page 28 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bank Of New York

064057102

4/13/2004

Annual

Adviser: PIM

1.01 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.02 Elect Nicholas M. Donofrio

MGMT

YES

FOR

1.03 Elect Alan R. Griffith

MGMT

YES

FOR

1.04 Elect Gerald L. Hassell

MGMT

YES

FOR

1.05 Elect Richard J. Kogan

MGMT

YES

FOR

1.06 Elect Michael J. Kowalski

MGMT

YES

FOR

1.07 Elect John A. Luke Jr.

MGMT

YES

FOR

1.08 Elect John C. Malone

MGMT

YES

FOR

1.09 Elect Paul Myners

MGMT

YES

FOR

1.10 Elect Robert C. Pozen

MGMT

YES

FOR

1.11 Elect Catherine A. Rein

MGMT

YES

FOR

1.12 Elect Thomas A. Renyi

MGMT

YES

FOR

1.13 Elect William C. Richardson

MGMT

YES

FOR

1.14 Elect Brian L. Roberts

MGMT

YES

FOR

1.15 Elect Samuel C. Scott III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 Implement Executive Compensation Plan

SHLDR

YES

FOR

AGNST

6.00 SP-Increase Risk Committee Independence

SHLDR

YES

AGNST

FOR

7.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Page 29 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bank One Corp

ONE

06423A103

5/25/2004

Annual

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect John H. Bryan

MGMT

YES

FOR

2.02 Elect Stephen B. Burke

MGMT

YES

FOR

2.03 Elect James S. Crown

MGMT

YES

FOR

2.04 Elect James Dimon

MGMT

YES

FOR

2.05 Elect Maureen A. Fay

MGMT

YES

FOR

2.06 Elect Laban P. Jackson, Jr.

MGMT

YES

FOR

2.07 Elect John W. Kessler

MGMT

YES

FOR

2.08 Elect Robert I. Lipp

MGMT

YES

FOR

2.09 Elect Richard A. Manoogian

MGMT

YES

FOR

2.10 Elect David C. Novak

MGMT

YES

FOR

2.11 Elect John W. Rogers Jr.

MGMT

YES

FOR

2.12 Elect Frederick P. Stratton Jr.

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bard (C.R.)

BCR

067383109

4/21/2004

Annual

Adviser: PIM

1.01 Elect Anthony Welters

MGMT

YES

FOR

1.02 Elect Tony L. White

MGMT

YES

FOR

1.03 Elect Theodore E. Martin

MGMT

YES

FOR

1.04 Elect Timothy M. Ring

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bausch & Lomb

BOL

071707103

4/27/2004

Annual

Adviser: PIM

1.01 Elect Alan M. Bennett

MGMT

YES

FOR

1.02 Elect Domenico De Sole

MGMT

YES

FOR

1.03 Elect Kenneth L. Wolfe

MGMT

YES

FOR

1.04 Elect Ronald L. Zarrella

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 30 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Baxter International

BAX

071813109

5/4/2004

Annual

Adviser: PIM

1.01 Elect John D. Forsyth

MGMT

YES

FOR

1.02 Elect Gail D. Fosler

MGMT

YES

FOR

1.03 Elect Carole J. Uhrich

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

BB&T

BBT

054937107

4/27/2004

Annual

Adviser: PIM

1.00 Repeal Classified Board

MGMT

YES

FOR

2.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

AGNST

2.00 Repeal Classified Board

MGMT

YES

AGNST

3.01 Elect John A. Allison IV

MGMT

YES

FOR

3.02 Elect Ronald E. Deal

MGMT

YES

FOR

3.03 Elect Tom D. Efird

MGMT

YES

FOR

3.04 Elect Albert O. McCauley

MGMT

YES

FOR

3.05 Elect Barry J. Fitzpatrick

MGMT

YES

FOR

3.06 Elect J. Holmes Morrison

MGMT

YES

FOR

3.07 Elect Jennifer S. Banner

MGMT

YES

FOR

3.08 Elect Albert F. Zettlemoyer

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 31 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bear Stearns

BSC

073902108

3/31/2004

Annual

Adviser: PIM

1.01 Elect James E. Cayne

MGMT

YES

FOR

1.02 Elect Carl D. Glickman

MGMT

YES

FOR

1.03 Elect Alan C. Greenberg

MGMT

YES

FOR

1.04 Elect Donald J. Harrington

MGMT

YES

FOR

1.05 Elect William L. Mack

MGMT

YES

FOR

1.06 Elect Fred T. Nickell

MGMT

YES

FOR

1.07 Elect Paul A. Novelly

MGMT

YES

FOR

1.08 Elect Frederic V. Salerno

MGMT

YES

FOR

1.09 Elect Alan D. Schwartz

MGMT

YES

FOR

1.10 Elect Warren J. Spector

MGMT

YES

FOR

1.11 Elect Vincent Tese

MGMT

YES

FOR

2.00 Adopt Stock Award Plan

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Adopt Stock Award Plan

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Becton Dickinson

BDX

075887109

2/11/2004

Annual

Adviser: PIM

1.01 Elect Henry P. Becton Jr.

MGMT

YES

FOR

1.02 Elect Edward F. DeGraan

MGMT

YES

FOR

1.03 Elect James F. Orr

MGMT

YES

FOR

1.04 Elect Margaretha Af Ugglas

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

Page 32 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

BellSouth

BLS

079860102

4/26/2004

Annual

Adviser: PIM

1.01 Elect James H. Blanchard

MGMT

YES

FOR

1.02 Elect Armando M. Codina

MGMT

YES

FOR

1.03 Elect Leo F. Mullin

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

7.00 SP-Review Political Spending

SHLDR

YES

AGNST

Bemis

BMS

081437105

5/6/2004

Annual

Adviser: PIM

1.01 Elect Nancy Parsons McDonald

MGMT

YES

FOR

1.02 Elect Jeffrey H. Curler

MGMT

YES

FOR

1.03 Elect Roger D. O’Shaughnessy

MGMT

YES

FOR

1.04 Elect David S. Haffner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

Best Buy Co Inc

BBY

086516101

6/24/2004

Annual

Adviser: PIM

1.01 Elect Bradbury H. Anderson

MGMT

YES

FOR

1.02 Elect Kathy J. Higgins Victor

MGMT

YES

FOR

1.03 Elect Allen U. Lenzmeier

MGMT

YES

FOR

1.04 Elect Frank D. Trestman

MGMT

YES

FOR

1.05 Elect James C. Wetherbe

MGMT

YES

FOR

1.06 Elect Ronald James

MGMT

YES

FOR

1.07 Elect Mathew H. Paull

MGMT

YES

FOR

1.08 Elect Mary A. Tolan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 33 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Big Lots Inc

BLI

089302103

5/18/2004

Annual

Adviser: PIM

1.01 Elect Albert J. Bell

MGMT

YES

FOR

1.02 Elect Sheldon M. Berman

MGMT

YES

FOR

1.03 Elect David T. Kollat

MGMT

YES

FOR

1.04 Elect Brenda J. Lauderback

MGMT

YES

FOR

1.05 Elect Philip E. Mallott

MGMT

YES

FOR

1.06 Elect Ned Mansour

MGMT

YES

FOR

1.07 Elect Michael J. Potter

MGMT

YES

FOR

1.08 Elect Russell Solt

MGMT

YES

FOR

1.09 Elect Dennis B. Tishkoff

MGMT

YES

FOR

Biogen

BGEN

090597105

11/12/2003

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

AGNST

Biogen Idec Inc

BIIB

09062X103

6/16/2004

Annual

Adviser: PIM

1.01 Elect Alan Belzer

MGMT

YES

FOR

1.02 Elect Mary L. Good

MGMT

YES

FOR

1.03 Elect James C. Mullen

MGMT

YES

FOR

1.04 Elect Bruce R. Ross

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Biomet

BMET

090613100

9/27/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 34 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

BJ Services

BJS

055482103

1/22/2004

Annual

Adviser: PIM

1.01 Elect Don D. Jordan

MGMT

YES

FOR

1.02 Elect William H. White

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Develop/report On Country Selection Standards

SHLDR

YES

AGNST

Black & Decker

BDK

091797100

4/27/2004

Annual

Adviser: PIM

1.01 Elect Nolan D. Archibald

MGMT

YES

FOR

1.02 Elect Norman R. Augustine

MGMT

YES

FOR

1.03 Elect Barbara L. Bowles

MGMT

YES

FOR

1.04 Elect M. Anthony Burns

MGMT

YES

FOR

1.05 Elect Kim B. Clark

MGMT

YES

FOR

1.06 Elect Manuel A. Fernandez

MGMT

YES

FOR

1.07 Elect Benjamin H. Griswold IV

MGMT

YES

FOR

1.08 Elect Anthony Luiso

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Award Plan

MGMT

YES

AGNST

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

BMC Software

BMC

055921100

8/21/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 35 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Boeing

097023105

5/3/2004

Annual

Adviser: PIM

1.01 Elect John H. Biggs

MGMT

YES

FOR

1.02 Elect John E. Bryson

MGMT

YES

FOR

1.03 Elect Linda Z. Cook

MGMT

YES

FOR

1.04 Elect Rozanne L. Ridgway

MGMT

YES

FOR

2.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

5.00 SP-Develop/Report on Human Rights Policy

SHLDR

YES

AGNST

6.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

7.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

AGNST

8.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

9.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

10.00 SP-Provide Pension Choices

SHLDR

YES

AGNST

FOR

Boise Cascade

BCC

097383103

12/9/2003

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

Boise Cascade

BCC

097383103

4/15/2004

Annual

Adviser: PIM

1.01 Elect Claire S. Farley

MGMT

YES

FOR

1.02 Elect Rakesh Gangwal

MGMT

YES

FOR

1.03 Elect Gary G. Michael

MGMT

YES

FOR

1.04 Elect A. William Reynolds

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Boston Scientific

BSX

101137107

10/6/2003

Annual

Adviser: PIM

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Page 36 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Boston Scientific Corp

BSX

101137107

5/11/2004

Annual

Adviser: PIM

1.01 Elect Ursula M. Burns

MGMT

YES

FOR

1.02 Elect Marye Anne Fox

MGMT

YES

FOR

1.03 Elect N. J. Nicholas, Jr.

MGMT

YES

FOR

1.04 Elect John E. Pepper, Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Bristol-Myers Squibb

BMY

110122108

5/4/2004

Annual

Adviser: PIM

1.01 Elect Peter R. Dolan

MGMT

YES

FOR

1.02 Elect Louis V. Gerstner Jr.

MGMT

YES

FOR

1.03 Elect Leif Johansson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Political Spending

SHLDR

YES

AGNST

4.00 SP-Limit or End Political Spending

SHLDR

YES

AGNST

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

6.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

7.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Broadcom

BRCM

111320107

4/29/2004

Annual

Adviser: PIM

1.01 Elect George L. Farinsky

MGMT

YES

FOR

1.02 Elect John E. Major

MGMT

YES

FOR

1.03 Elect Alan E. Ross

MGMT

YES

FOR

1.04 Elect Henry Samueli

MGMT

YES

FOR

1.05 Elect Robert E. Switz

MGMT

YES

FOR

1.06 Elect Werner F. Wolfen

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 37 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Brown-Forman

115637209

1/8/2004

Written
Consent

Adviser: PIM

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

1.00 Increase Authorized Dual Class Stock

MGMT

YES

FOR

Brunswick

117043109

4/28/2004

Annual

Adviser: PIM

1.01 Elect Nolan D. Archibald

MGMT

YES

FOR

1.02 Elect Jeffrey L. Bleustein

MGMT

YES

FOR

1.03 Elect Graham H. Phillips

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Burlington Northern Santa Fe

BNI

12189T104

4/21/2004

Annual

Adviser: PIM

1.01 Elect Alan L. Boeckmann

MGMT

YES

FOR

1.02 Elect Vilma S. Martinez

MGMT

YES

FOR

1.03 Elect Marc F. Racicot

MGMT

YES

FOR

1.04 Elect Roy S. Roberts

MGMT

YES

FOR

1.05 Elect Matthew K. Rose

MGMT

YES

FOR

1.06 Elect Marc J. Shapiro

MGMT

YES

FOR

1.07 Elect J.C. Watts Jr.

MGMT

YES

FOR

1.08 Elect Robert H. West

MGMT

YES

FOR

1.09 Elect J. Steven Whisler

MGMT

YES

FOR

1.10 Elect Edward E. Whitacre Jr.

MGMT

YES

FOR

1.11 Elect Michael B. Yanney

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 38 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Burlington Resources

122014103

4/21/2004

Annual

Adviser: PIM

1.01 Elect Barbara T. Alexander

MGMT

YES

FOR

1.02 Elect Reuben V. Anderson

MGMT

YES

FOR

1.03 Elect Laird I. Grant

MGMT

YES

FOR

1.04 Elect Robert J. Harding

MGMT

YES

FOR

1.05 Elect John T. LaMacchia

MGMT

YES

FOR

1.06 Elect Randy L. Limbacher

MGMT

YES

FOR

1.07 Elect James F. McDonald

MGMT

YES

FOR

1.08 Elect Kenneth W. Orce

MGMT

YES

FOR

1.09 Elect Donald M. Roberts

MGMT

YES

FOR

1.10 Elect James A. Runde

MGMT

YES

FOR

1.11 Elect John F. Schwarz

MGMT

YES

FOR

1.12 Elect Walter Scott Jr.

MGMT

YES

FOR

1.13 Elect Bobby S. Shackouls

MGMT

YES

FOR

1.14 Elect Steven J. Shapiro

MGMT

YES

FOR

1.15 Elect William E. Wade Jr.

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Calpine Corp

CPN

131347106

5/26/2004

Annual

Adviser: PIM

1.01 Elect Ann B. Curtis

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect Gerald Greenwald

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 SP-Review Operations’ Impact on Local Groups

SHLDR

YES

AGNST

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

7.00 SP-Voting Leverage

SHLDR

YES

AGNST

FOR

8.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 39 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Campbell Soup

CPB

134429109

11/21/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Capital One Financial

COF

14040H105

4/29/2004

Annual

Adviser: PIM

1.01 Elect W. Ronald Dietz

MGMT

YES

FOR

1.02 Elect Lewis Hay III

MGMT

YES

FOR

1.03 Elect Mayo A. Shattuck III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Cardinal Health

CAH

14149Y108

11/5/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

Caremark Rx

CMX

141705103

5/4/2004

Annual

Adviser: PIM

1.01 Elect Edwin M. Banks

MGMT

YES

FOR

1.02 Elect Colleen Conway-Welch

MGMT

YES

FOR

1.03 Elect Roger L. Headrick

MGMT

YES

FOR

1.04 Elect Jean-Pierre Millon

MGMT

YES

FOR

Page 40 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

CARNIVAL CORP

CCL

143658300

4/22/2004

Annual

Adviser: PIM

1.01 Elect Micky Arison

MGMT

YES

FOR

1.02 Elect Richard G. Capen Jr.

MGMT

YES

FOR

1.03 Elect Robert H. Dickinson

MGMT

YES

FOR

1.04 Elect Arnold W. Donald

MGMT

YES

FOR

1.05 Elect Pier Luigi Foschi

MGMT

YES

FOR

1.06 Elect Howard S. Frank

MGMT

YES

FOR

1.07 Elect Sarah Hogg

MGMT

YES

FOR

1.08 Elect A. Kirk Lanterman

MGMT

YES

FOR

1.09 Elect Modesto A. Maidique

MGMT

YES

FOR

1.10 Elect John P. McNulty

MGMT

YES

FOR

1.11 Elect Peter Ratcliffe

MGMT

YES

FOR

1.12 Elect John Parker

MGMT

YES

FOR

1.13 Elect Stuart Subotnick

MGMT

YES

FOR

1.14 Elect Uzi Zucker

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Set Auditors’ Fees

MGMT

YES

FOR

4.00 Approve Financial Statements

MGMT

YES

FOR

5.00 Approve Remuneration Policy

MGMT

YES

FOR

6.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

7.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

Page 41 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Caterpillar

CAT

149123101

4/14/2004

Annual

Adviser: PIM

1.01 Elect John T. Dillon

MGMT

YES

FOR

1.02 Elect Juan Gallardo

MGMT

YES

FOR

1.03 Elect William A. Osborn

MGMT

YES

FOR

1.04 Elect Gordon R. Parker

MGMT

YES

FOR

1.05 Elect Edward B. Rust Jr.

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Review Operations’ Impact on Local Groups

SHLDR

YES

AGNST

6.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

Cendant

151313103

4/20/2004

Annual

Adviser: PIM

1.01 Elect M. Brian Mulroney

MGMT

YES

FOR

1.02 Elect Ronald L. Nelson

MGMT

YES

FOR

1.03 Elect Robert W. Pittman

MGMT

YES

FOR

1.04 Elect Myra J. Biblowit

MGMT

YES

FOR

1.05 Elect Sheli Z. Rosenberg

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

5.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

Page 42 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

CenterPoint Energy Inc

CNP

15189T107

6/3/2004

Annual

Adviser: PIM

1.01 Elect Robert T. O’Connell

MGMT

YES

FOR

1.02 Elect Milton Carroll

MGMT

YES

FOR

1.03 Elect John T. Cater

MGMT

YES

FOR

1.04 Elect Michael E. Shannon

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 Approve Other Business

MGMT

YES

AGNST

Centex

CTX

152312104

7/17/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Centex

CTX

152312104

2/25/2004

Special

Adviser: PIM

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

2.00 Terminate Nominee Agreement

MGMT

YES

FOR

3.00 Approve Restructuring/Recapitalization

MGMT

YES

FOR

CenturyTel

CTL

156700106

5/6/2004

Annual

Adviser: PIM

1.01 Elect William R. Boles Jr.

MGMT

YES

FOR

1.02 Elect W. Bruce Hanks

MGMT

YES

FOR

1.03 Elect C. G. Melville Jr.

MGMT

YES

FOR

1.04 Elect Glen F. Post III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 43 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Charter One Financial

160903100

4/21/2004

Annual

Adviser: PIM

1.01 Elect Patrick J. Agnew

MGMT

YES

FOR

1.02 Elect Denise M. Fugo

MGMT

YES

FOR

1.03 Elect Charles John Koch

MGMT

YES

FOR

1.04 Elect Ronald F. Poe

MGMT

YES

FOR

1.05 Elect Jerome L. Schostak

MGMT

YES

FOR

1.06 Elect Mark Shaevsky

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

ChevronTexaco

CVX

166764100

4/28/2004

Annual

Adviser: PIM

1.01 Elect Samuel H. Armacost

MGMT

YES

FOR

1.02 Elect Robert E. Denham

MGMT

YES

FOR

1.03 Elect Robert J. Eaton

MGMT

YES

FOR

1.04 Elect Samuel L. Ginn

MGMT

YES

FOR

1.05 Elect Carla A. Hills

MGMT

YES

FOR

1.06 Elect Franklyn G. Jenifer

MGMT

YES

FOR

1.07 Elect J. Bennett Johnston

MGMT

YES

FOR

1.08 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.09 Elect David J. O’Reilly

MGMT

YES

FOR

1.10 Elect Peter J. Robertson

MGMT

YES

FOR

1.11 Elect Charles R. Shoemate

MGMT

YES

FOR

1.12 Elect Carl Ware

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Poison Pill Policy

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

7.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

8.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

9.00 SP-Review Energy Efficiency & Renewables

SHLDR

YES

AGNST

Page 44 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Chiron Corp

CHIR

170040109

5/27/2004

Annual

Adviser: PIM

1.01 Elect Vaughn D. Bryson

MGMT

YES

FOR

1.02 Elect Pierre E. Douaze

MGMT

YES

FOR

1.03 Elect Edward E. Penhoet

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Chubb

171232101

4/27/2004

Annual

Adviser: PIM

1.01 Elect Zoe Baird

MGMT

YES

FOR

1.02 Elect Sheila P. Burke

MGMT

YES

FOR

1.03 Elect James I. Cash Jr.

MGMT

YES

FOR

1.04 Elect Joel J. Cohen

MGMT

YES

FOR

1.05 Elect James M. Cornelius

MGMT

YES

FOR

1.06 Elect John D. Finnegan

MGMT

YES

FOR

1.07 Elect David H. Hoag

MGMT

YES

FOR

1.08 Elect Klaus J. Mangold

MGMT

YES

FOR

1.09 Elect David G. Scholey

MGMT

YES

FOR

1.10 Elect Raymond G. H. Seitz

MGMT

YES

FOR

1.11 Elect Lawrence M. Small

MGMT

YES

FOR

1.12 Elect Daniel E. Somers

MGMT

YES

FOR

1.13 Elect Karen Hastie Williams

MGMT

YES

FOR

1.14 Elect James M. Zimmerman

MGMT

YES

FOR

1.15 Elect Alfred W. Zollar

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

Page 45 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ciena

CIEN

171779101

3/10/2004

Annual

Adviser: PIM

1.01 Elect Patrick H. Nettles

MGMT

YES

FOR

1.02 Elect John R. Dillon

MGMT

YES

FOR

1.03 Elect Lawton W. Fitt

MGMT

YES

FOR

Cigna

125509109

4/28/2004

Annual

Adviser: PIM

1.01 Elect Robert H. Campbell

MGMT

YES

FOR

1.02 Elect Jane E. Henney

MGMT

YES

FOR

1.03 Elect Charles R. Shoemate

MGMT

YES

FOR

1.04 Elect Louis W. Sullivan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Cincinnati Financial

CINF

172062101

4/24/2004

Annual

Adviser: PIM

1.01 Elect Michael Brown

MGMT

YES

FOR

1.02 Elect Dirk J. Debbink

MGMT

YES

FOR

1.03 Elect Robert C. Schiff

MGMT

YES

FOR

1.04 Elect John M. Shepherd

MGMT

YES

FOR

1.05 Elect Douglas S. Skidmore

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Cinergy

CIN

172474108

5/4/2004

Annual

Adviser: PIM

1.01 Elect Michael G. Browning

MGMT

YES

FOR

1.02 Elect George C. Juilfs

MGMT

YES

FOR

1.03 Elect Dudley S. Taft

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 46 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Cintas

CTAS

172908105

10/14/2003

Annual

Adviser: PIM

1.00 Approve Board Size

MGMT

YES

FOR

2.00 Elect Directors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

5.00 SP-Increase Nom Committee Independence

SHLDR

YES

FOR

AGNST

6.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

7.00 SP-Review Global Labor Practices

SHLDR

YES

AGNST

Circuit City Stores Inc

172737108

6/15/2004

Annual

Adviser: PIM

1.01 Elect E. V. Goings

MGMT

YES

FOR

1.02 Elect James F. Hardymon

MGMT

YES

FOR

1.03 Elect Allen B. King

MGMT

YES

FOR

1.04 Elect J. Patrick Spainhour

MGMT

YES

FOR

1.05 Elect Carolyn Y. Woo

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

2.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Cisco Systems

CSCO

17275R102

11/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Stop Sales to Repressive Regimes

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

FOR

AGNST

Page 47 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Citigroup

172967101

4/20/2004

Annual

Adviser: PIM

1.01 Elect C. Michael Armstrong

MGMT

YES

FOR

1.02 Elect Alain J.P. Belda

MGMT

YES

FOR

1.03 Elect George David

MGMT

YES

FOR

1.04 Elect Kenneth T. Derr

MGMT

YES

FOR

1.05 Elect John M. Deutch

MGMT

YES

FOR

1.06 Elect Roberto H. Ramirez

MGMT

YES

FOR

1.07 Elect Ann Dibble Jordan

MGMT

YES

FOR

1.08 Elect Dudley C. Mecum II

MGMT

YES

FOR

1.09 Elect Richard D. Parsons

MGMT

YES

FOR

1.10 Elect Andrall E. Pearson

MGMT

YES

FOR

1.11 Elect Charles Prince

MGMT

YES

FOR

1.12 Elect Robert E. Rubin

MGMT

YES

FOR

1.13 Elect Franklin A. Thomas

MGMT

YES

FOR

1.14 Elect Sanford I. Weill

MGMT

YES

FOR

1.15 Elect Robert B. Willumstad

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 48 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Citizens Communications Co

CZN

17453B101

5/18/2004

Annual

Adviser: PIM

1.01 Elect Aaron I. Fleischman

MGMT

YES

FOR

1.02 Elect Rudy J. Graf

MGMT

YES

FOR

1.03 Elect Stanley Harfenist

MGMT

YES

FOR

1.04 Elect Andrew N. Heine

MGMT

YES

FOR

1.05 Elect William M. Kraus

MGMT

YES

FOR

1.06 Elect Scott N. Schneider

MGMT

YES

FOR

1.07 Elect John L. Schroeder

MGMT

YES

FOR

1.08 Elect Robert A. Stanger

MGMT

YES

FOR

1.09 Elect Edwin Tornberg

MGMT

YES

FOR

1.10 Elect Claire L. Tow

MGMT

YES

FOR

1.11 Elect Leonard Tow

MGMT

YES

FOR

1.12 Elect David H. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Citrix Systems Inc

CTXS

177376100

5/13/2004

Annual

Adviser: PIM

1.01 Elect Mark B. Templeton

MGMT

YES

FOR

1.02 Elect Kevin R. Compton

MGMT

YES

FOR

1.03 Elect Stephen M. Dow

MGMT

YES

FOR

2.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 49 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Clear Channel Communications

CCU

184502102

4/28/2004

Annual

Adviser: PIM

1.01 Elect L. Lowry Mays

MGMT

YES

FOR

1.02 Elect Phyllis B. Riggins

MGMT

YES

FOR

1.03 Elect Alan D. Feld

MGMT

YES

FOR

1.04 Elect Mark P. Mays

MGMT

YES

FOR

1.05 Elect Theodore H. Strauss

MGMT

YES

FOR

1.06 Elect Thomas O. Hicks

MGMT

YES

FOR

1.07 Elect Randall T. Mays

MGMT

YES

FOR

1.08 Elect J.C. Watts Jr.

MGMT

YES

FOR

1.09 Elect Perry J. Lewis

MGMT

YES

FOR

1.10 Elect B. J. McCombs

MGMT

YES

FOR

1.11 Elect John H. Williams

MGMT

YES

WHOLD

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Clorox

CLX

189054109

11/19/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 50 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

CMS Energy Corp

CMS

125896100

5/28/2004

Annual

Adviser: PIM

1.01 Elect Merribel S. Ayres

MGMT

YES

FOR

1.02 Elect Earl D. Holton

MGMT

YES

FOR

1.03 Elect David W. Joos

MGMT

YES

FOR

1.04 Elect Michael T. Monahan

MGMT

YES

FOR

1.05 Elect Joseph F. Paquette Jr.

MGMT

YES

FOR

1.06 Elect William U. Parfet

MGMT

YES

FOR

1.07 Elect Percy A. Pierre

MGMT

YES

FOR

1.08 Elect S. Kinnie Smith Jr.

MGMT

YES

FOR

1.09 Elect Kenneth L. Way

MGMT

YES

FOR

1.10 Elect Kenneth Whipple

MGMT

YES

FOR

1.11 Elect John B. Yasinsky

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Eliminate Dual Class Stock

MGMT

YES

FOR

5.00 Increase Authorized Common Stock

MGMT

YES

FOR

Page 51 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Coca-Cola

191216100

4/21/2004

Annual

Adviser: PIM

1.01 Elect Herbert A. Allen

MGMT

YES

FOR

1.02 Elect Ronald W. Allen

MGMT

YES

FOR

1.03 Elect Cathleen P. Black

MGMT

YES

FOR

1.04 Elect Warren E. Buffett

MGMT

YES

FOR

1.05 Elect Douglas N. Daft

MGMT

YES

FOR

1.06 Elect Barry Diller

MGMT

YES

FOR

1.07 Elect Donald R. Keough

MGMT

YES

FOR

1.08 Elect Susan B. King

MGMT

YES

FOR

1.09 Elect Maria Elena Lagomasino

MGMT

YES

FOR

1.10 Elect Donald F. McHenry

MGMT

YES

FOR

1.11 Elect Robert L. Nardelli

MGMT

YES

FOR

1.12 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.13 Elect J. Pedro Reinhard

MGMT

YES

FOR

1.14 Elect James D. Robinson III

MGMT

YES

FOR

1.15 Elect Peter V. Ueberroth

MGMT

YES

FOR

1.16 Elect James B. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

4.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

7.00 SP-Shareholder Approval of Deferred Plan

SHLDR

YES

FOR

AGNST

8.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

9.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 52 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Coca-Cola Enterprises

CCE

191219104

4/30/2004

Annual

Adviser: PIM

1.01 Elect John R. Alm

MGMT

YES

FOR

1.02 Elect J. Trevor Eyton

MGMT

YES

FOR

1.03 Elect Gary P. Fayard

MGMT

YES

FOR

1.04 Elect L. Phillip Humann

MGMT

YES

FOR

1.05 Elect Paula G. Rosput

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

5.00 Adopt Subsidiary Purchase Plan

MGMT

YES

FOR

6.00 Adopt Subsidiary Savings Plan

MGMT

YES

FOR

7.00 Ratify Selection of Auditors

MGMT

YES

AGNST

8.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

9.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

Colgate-Palmolive

194162103

5/7/2004

Annual

Adviser: PIM

1.01 Elect Jill K. Conway

MGMT

YES

FOR

1.02 Elect Ronald E. Ferguson

MGMT

YES

FOR

1.03 Elect Carlos M. Gutierrez

MGMT

YES

FOR

1.04 Elect Ellen M. Hancock

MGMT

YES

FOR

1.05 Elect David W. Johnson

MGMT

YES

FOR

1.06 Elect Richard J. Kogan

MGMT

YES

FOR

1.07 Elect Delano E. Lewis

MGMT

YES

FOR

1.08 Elect Reuben Mark

MGMT

YES

FOR

1.09 Elect Elizabeth A. Monrad

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

5.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

6.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 53 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Comcast Corp

CMCSA

20030N101

5/26/2004

Annual

Adviser: PIM

1.01 Elect Decker Anstrom

MGMT

YES

FOR

1.02 Elect C. Michael Armstrong

MGMT

YES

FOR

1.03 Elect Kenneth J. Bacon

MGMT

YES

FOR

1.04 Elect Sheldon M. Bonovitz

MGMT

YES

FOR

1.05 Elect Julian A. Brodsky

MGMT

YES

FOR

1.06 Elect Joseph L. Castle II

MGMT

YES

FOR

1.07 Elect J. Michael Cook

MGMT

YES

FOR

1.08 Elect Brian L. Roberts

MGMT

YES

FOR

1.09 Elect Ralph J. Roberts

MGMT

YES

FOR

1.10 Elect Judith Rodin

MGMT

YES

FOR

1.11 Elect Michael I. Sovern

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Award Plan

MGMT

YES

FOR

3.00 Amend Stock Award Plan

MGMT

YES

FOR

4.00 Approve Non-Technical Charter Amendments

MGMT

YES

FOR

5.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

7.00 SP-Double Board Nominees

SHLDR

YES

AGNST

FOR

8.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

9.00 SP-Eliminate Dual Class Stock

SHLDR

YES

FOR

AGNST

Comerica Inc

CMA

200340107

5/18/2004

Annual

Adviser: PIM

1.01 Elect Ralph W. Babb Jr.

MGMT

YES

FOR

1.02 Elect James F. Cordes

MGMT

YES

FOR

1.03 Elect Peter D. Cummings

MGMT

YES

FOR

1.04 Elect Todd W. Herrick

MGMT

YES

FOR

1.05 Elect William P. Vititoe

MGMT

YES

FOR

1.06 Elect Kenneth L. Way

MGMT

YES

FOR

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 54 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Computer Associates International

204912109

8/27/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Computer Sciences

CSC

205363104

8/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

Compuware

CPWR

205638109

8/26/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

Comverse Technology

CMVT

205862402

12/16/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Comverse Technology Inc

CMVT

205862402

6/15/2004

Annual

Adviser: PIM

1.01 Elect Kobi Alexander

MGMT

YES

FOR

1.02 Elect Raz Alon

MGMT

YES

FOR

1.03 Elect Itsik Danziger

MGMT

YES

FOR

1.04 Elect John H. Friedman

MGMT

YES

FOR

1.05 Elect Ron Hiram

MGMT

YES

FOR

1.06 Elect Sam Oolie

MGMT

YES

FOR

1.07 Elect William F. Sorin

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 55 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

ConAgra Foods

CAG

205887102

9/25/2003

Annual

Adviser: PIM

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

4.00 SP-Restrict Executive Compensation

SHLDR

YES

FOR

AGNST

5.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Concord EFS

206197105

10/28/2003

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Concord EFS

206197105

2/26/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

ConocoPhillips

COP

20825C104

5/5/2004

Annual

Adviser: PIM

1.01 Elect David L. Boren

MGMT

YES

FOR

1.02 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.03 Elect Kenneth M. Duberstein

MGMT

YES

FOR

1.04 Elect Ruth R. Harkin

MGMT

YES

FOR

1.05 Elect William R. Rhodes

MGMT

YES

FOR

1.06 Elect J. Stapleton Roy

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Preserve/Report on Natural Habitat

SHLDR

YES

AGNST

Page 56 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Consolidated Edison Inc

209115104

5/17/2004

Annual

Adviser: PIM

1.01 Elect Vincent A. Calarco

MGMT

YES

FOR

1.02 Elect George Campbell Jr.

MGMT

YES

FOR

1.03 Elect Gordon J. Davis

MGMT

YES

FOR

1.04 Elect Michael J. Del Giudice

MGMT

YES

FOR

1.05 Elect Joan S. Freilich

MGMT

YES

FOR

1.06 Elect Ellen V. Futter

MGMT

YES

FOR

1.07 Elect Sally Hernandez-Pinero

MGMT

YES

FOR

1.08 Elect Peter W. Likins

MGMT

YES

FOR

1.09 Elect Eugene R. McGrath

MGMT

YES

FOR

1.10 Elect Frederic V. Salerno

MGMT

YES

FOR

1.11 Elect Stephen R. Volk

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGNST

4.00 SP-Disclose Executive Compensation

SHLDR

YES

FOR

AGNST

Constellation Energy Group Inc

CEG

210371100

5/21/2004

Annual

Adviser: PIM

1.01 Elect James T. Brady

MGMT

YES

FOR

1.02 Elect James R. Curtiss

MGMT

YES

FOR

1.03 Elect Edward J. Kelly III

MGMT

YES

FOR

1.04 Elect Robert J. Lawless

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Convergys

CVG

212485106

4/27/2004

Annual

Adviser: PIM

1.01 Elect Zoe Baird

MGMT

YES

FOR

1.02 Elect Roger L. Howe

MGMT

YES

FOR

1.03 Elect Phillip A. Odeen

MGMT

YES

FOR

1.04 Elect James M. Zimmerman

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 57 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Cooper Industries Ltd.

CBE

G24182100

4/27/2004

Annual

Adviser: PIM

1.01 Elect Stephen G. Butler

MGMT

YES

FOR

1.02 Elect Dan F. Smith

MGMT

YES

FOR

1.03 Elect Gerald B. Smith

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 SP-Report on Sustainability

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Cooper Tire & Rubber

CTB

216831107

5/4/2004

Annual

Adviser: PIM

1.01 Elect Arthur H. Aronson

MGMT

YES

FOR

1.02 Elect Thomas A. Dattilo

MGMT

YES

FOR

1.03 Elect Byron O. Pond

MGMT

YES

FOR

2.00 SP-Shareholder Approval of Auditors

SHLDR

YES

FOR

AGNST

Coors (Adolph) -Cl B

RKY

217016104

10/3/2003

Special

Adviser: PIM

1.00 Approve Reincorporation

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

AGNST

Corning

GLW

219350105

4/29/2004

Annual

Adviser: PIM

1.01 Elect Jeremy R. Knowles

MGMT

YES

FOR

1.02 Elect Eugene C. Sit

MGMT

YES

FOR

1.03 Elect William D. Smithburg

MGMT

YES

FOR

1.04 Elect Hansel E. Tookes II

MGMT

YES

FOR

1.05 Elect Wendell P. Weeks

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Page 58 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Costco Wholesale

COST

22160K105

1/29/2004

Annual

Adviser: PIM

1.01 Elect Benjamin S. Carson

MGMT

YES

FOR

1.02 Elect Hamilton E. James

MGMT

YES

FOR

1.03 Elect Jill A. Ruckelshaus

MGMT

YES

FOR

1.04 Elect William H. Gates

MGMT

YES

FOR

1.05 Elect Daniel J. Evans

MGMT

YES

FOR

2.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

3.00 Report On Land Development Policy

SHLDR

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Countrywide Financial

CFC

222372104

1/9/2004

Special

Adviser: PIM

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Countrywide Financial Corp

CFC

222372104

6/16/2004

Annual

Adviser: PIM

1.01 Elect Henry Cisneros

MGMT

YES

FOR

1.02 Elect Robert J. Donato

MGMT

YES

FOR

1.03 Elect Michael E. Dougherty

MGMT

YES

FOR

1.04 Elect Martin R. Melone

MGMT

YES

FOR

1.05 Elect Harley W. Snyder

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

Page 59 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Crane

224399105

4/26/2004

Annual

Adviser: PIM

1.01 Elect Karen E. Dykstra

MGMT

YES

FOR

1.02 Elect Richard S. Forte

MGMT

YES

FOR

1.03 Elect William E. Lipner

MGMT

YES

FOR

1.04 Elect James L.L. Tullis

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 SP-Review or Implement MacBride Principles

SHLDR

YES

AGNST

CSX

126408103

5/5/2004

Annual

Adviser: PIM

1.01 Elect Elizabeth E. Bailey

MGMT

YES

FOR

1.02 Elect Robert L. Burrus, Jr.

MGMT

YES

FOR

1.03 Elect Edward J. Kelly III

MGMT

YES

FOR

1.04 Elect Robert D. Kunisch

MGMT

YES

FOR

1.05 Elect Southwood J. Morcott

MGMT

YES

FOR

1.06 Elect David M. Ratcliffe

MGMT

YES

FOR

1.07 Elect Charles E. Rice

MGMT

YES

FOR

1.08 Elect William C. Richardson

MGMT

YES

FOR

1.09 Elect Frank S. Royal

MGMT

YES

FOR

1.10 Elect Donald J. Shepard

MGMT

YES

FOR

1.11 Elect Michael J. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Cummins

CUM

231021106

9/16/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 60 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Cummins

CMI

231021106

4/6/2004

Annual

Adviser: PIM

1.01 Elect Theodore M. Solso

MGMT

YES

FOR

1.02 Elect Robert J. Darnall

MGMT

YES

FOR

1.03 Elect John M. Deutch

MGMT

YES

FOR

1.04 Elect Alexis M. Herman

MGMT

YES

FOR

1.05 Elect William I. Miller

MGMT

YES

FOR

1.06 Elect William D. Ruckelshaus

MGMT

YES

FOR

1.07 Elect J. Lawrence Wilson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

CVS Corp

CVS

126650100

5/12/2004

Annual

Adviser: PIM

1.01 Elect W. Don Cornwell

MGMT

YES

FOR

1.02 Elect Thomas P. Gerrity

MGMT

YES

FOR

1.03 Elect Stanley P. Goldstein

MGMT

YES

FOR

1.04 Elect Marian L. Heard

MGMT

YES

FOR

1.05 Elect William H. Joyce

MGMT

YES

FOR

1.06 Elect Terry R. Lautenbach

MGMT

YES

FOR

1.07 Elect Terrence Murray

MGMT

YES

FOR

1.08 Elect Sheli Z. Rosenberg

MGMT

YES

FOR

1.09 Elect Thomas M. Ryan

MGMT

YES

FOR

2.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 61 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Dana

DCN

235811106

4/19/2004

Annual

Adviser: PIM

1.01 Elect Benjamin F. Bailar

MGMT

YES

FOR

1.02 Elect A. Charles Baillie

MGMT

YES

FOR

1.03 Elect David E. Berges

MGMT

YES

FOR

1.04 Elect Michael J. Burns

MGMT

YES

FOR

1.05 Elect Edmund M. Carpenter

MGMT

YES

FOR

1.06 Elect Samir G. Gibara

MGMT

YES

FOR

1.07 Elect Cheryl W. Grise

MGMT

YES

FOR

1.08 Elect Glen H. Hiner

MGMT

YES

FOR

1.09 Elect James P. Kelly

MGMT

YES

FOR

1.10 Elect Marilyn R. Marks

MGMT

YES

FOR

1.11 Elect Richard B. Priory

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

AGNST

4.00 Amend Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Danaher

DHR

235851102

5/4/2004

Annual

Adviser: PIM

1.01 Elect Steven M. Rales

MGMT

YES

FOR

1.02 Elect John T. Schwieters

MGMT

YES

FOR

1.03 Elect Alan G. Spoon

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 SP-Board Inclusiveness

SHLDR

YES

AGNST

Darden Restaurants

DRI

237194105

9/25/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 62 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Deere

244199105

2/25/2004

Annual

Adviser: PIM

1.01 Elect Robert W. Lane

MGMT

YES

FOR

1.02 Elect Antonio Madero

MGMT

YES

FOR

1.03 Elect Aulana L. Peters

MGMT

YES

FOR

1.04 Elect John R. Walter

MGMT

YES

FOR

Dell

DELL

24702R101

7/18/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Approve Name Change

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Delphi

DPH

247126105

5/6/2004

Annual

Adviser: PIM

1.01 Elect Oscar de Paula Bernardes Neto

MGMT

YES

FOR

1.02 Elect Bernd Gottschalk

MGMT

YES

FOR

1.03 Elect John D. Opie

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

5.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

6.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

7.00 SP-Review Global Labor Practices

SHLDR

YES

AGNST

Page 63 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Delta Air Lines

DAL

247361108

4/23/2004

Annual

Adviser: PIM

1.01 Elect Edward H. Budd

MGMT

YES

FOR

1.02 Elect George M.C. Fisher

MGMT

YES

FOR

1.03 Elect David R. Goode

MGMT

YES

FOR

1.04 Elect Gerald Grinstein

MGMT

YES

FOR

1.05 Elect John F. Smith Jr.

MGMT

YES

FOR

1.06 Elect Joan E. Spero

MGMT

YES

FOR

1.07 Elect Larry D. Thompson

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-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

FOR

AGNST

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Deluxe

DLX

248019101

5/4/2004

Annual

Adviser: PIM

1.01 Elect Ronald E. Eilers

MGMT

YES

FOR

1.02 Elect Charles A. Haggerty

MGMT

YES

FOR

1.03 Elect William A. Hawkins III

MGMT

YES

FOR

1.04 Elect Cheryl Mayberry McKissack

MGMT

YES

FOR

1.05 Elect Lawrence J. Mosner

MGMT

YES

FOR

1.06 Elect Stephen P. Nachtsheim

MGMT

YES

FOR

1.07 Elect Mary Ann O’Dwyer

MGMT

YES

FOR

1.08 Elect Martyn R. Redgrave

MGMT

YES

FOR

1.09 Elect Robert C. Salipante

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Amend Stock Option Plan

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 64 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Devon Energy Corp

DVN

25179M103

6/8/2004

Annual

Adviser: PIM

1.01 Elect Thomas F. Ferguson

MGMT

YES

FOR

1.02 Elect Peter J. Fluor

MGMT

YES

FOR

1.03 Elect David M. Gavrin

MGMT

YES

FOR

1.04 Elect Michael E. Gellert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Dillard’s Inc

DDS

254067101

5/15/2004

Annual

Adviser: PIM

1.01 Elect Robert C. Connor

MGMT

YES

FOR

1.02 Elect Will D. Davis

MGMT

YES

FOR

1.03 Elect John Paul Hammerschmidt

MGMT

YES

FOR

1.04 Elect Peter R. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

Page 65 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Disney (Walt)

DIS

254687106

3/3/2004

Annual

Adviser: PIM

1.01 Elect John E. Bryson

MGMT

YES

FOR

1.02 Elect John S. Chen

MGMT

YES

FOR

1.03 Elect Michael D. Eisner

MGMT

YES

FOR

1.04 Elect Judith L. Estrin

MGMT

YES

FOR

1.05 Elect Robert A. Iger

MGMT

YES

FOR

1.06 Elect Aylwin B. Lewis

MGMT

YES

FOR

1.07 Elect Monica C. Lozano

MGMT

YES

FOR

1.08 Elect Robert W. Matschullat

MGMT

YES

FOR

1.09 Elect George J. Mitchell

MGMT

YES

FOR

1.10 Elect Leo J. O’Donovan

MGMT

YES

FOR

1.11 Elect Gary L. Wilson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Code of Conduct for China Operations

SHLDR

YES

AGNST

4.00 Review Labor Standards in China Operations

SHLDR

YES

AGNST

5.00 Report on Amusement Park Safety Policy

SHLDR

YES

AGNST

Dollar General Corp

256669102

5/25/2004

Annual

Adviser: PIM

1.01 Elect David L. Bere

MGMT

YES

FOR

1.02 Elect Dennis C. Bottorff

MGMT

YES

FOR

1.03 Elect Barbara L. Bowles

MGMT

YES

FOR

1.04 Elect James L. Clayton

MGMT

YES

FOR

1.05 Elect Reginald D. Dickson

MGMT

YES

FOR

1.06 Elect E. Gordon Gee

MGMT

YES

FOR

1.07 Elect Barbara M. Knuckles

MGMT

YES

FOR

1.08 Elect David A. Perdue Jr.

MGMT

YES

FOR

1.09 Elect James D. Robbins

MGMT

YES

FOR

1.10 Elect David M. Wilds

MGMT

YES

FOR

1.11 Elect J. Neal Purcell

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 66 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Dominion Resources

25746U109

4/23/2004

Annual

Adviser: PIM

1.01 Elect Susan B. Allen

MGMT

YES

FOR

1.02 Elect Peter W. Brown

MGMT

YES

FOR

1.03 Elect Ronald J. Calise

MGMT

YES

FOR

1.04 Elect Thomas E. Capps

MGMT

YES

FOR

1.05 Elect George A. Davidson Jr.

MGMT

YES

FOR

1.06 Elect John W. Harris

MGMT

YES

FOR

1.07 Elect Robert S. Jepson Jr.

MGMT

YES

FOR

1.08 Elect Benjamin J. Lambert III

MGMT

YES

FOR

1.09 Elect Richard L. Leatherwood

MGMT

YES

FOR

1.10 Elect Margaret A. McKenna

MGMT

YES

FOR

1.11 Elect Kenneth A. Randall

MGMT

YES

FOR

1.12 Elect Frank S. Royal

MGMT

YES

FOR

1.13 Elect S. Dallas Simmons

MGMT

YES

FOR

1.14 Elect Robert H. Spilman

MGMT

YES

FOR

1.15 Elect David A. Wollard

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Donnelley (R.R.) & Sons

DNY

257867101

2/23/2004

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 67 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Donnelley (R.R.) & Sons

DNY

257867101

4/14/2004

Annual

Adviser: PIM

1.01 Elect Mark A. Angelson

MGMT

YES

FOR

1.02 Elect Robert F. Cummings, Jr

MGMT

YES

FOR

1.03 Elect Alfred C. Eckert III

MGMT

YES

FOR

1.04 Elect Oliver R. Sockwell

MGMT

YES

FOR

1.05 Elect Stephen M. Wolf

MGMT

YES

FOR

2.00 Sell The Company

SHLDR

YES

FOR

AGNST

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Dover

DOV

260003108

4/20/2004

Annual

Adviser: PIM

1.01 Elect David H. Benson

MGMT

YES

FOR

1.02 Elect Jean-Pierre M. Ergas

MGMT

YES

FOR

1.03 Elect Kristiane C. Graham

MGMT

YES

FOR

1.04 Elect Ronald L. Hoffman

MGMT

YES

FOR

1.05 Elect James L. Koley

MGMT

YES

FOR

1.06 Elect Richard K. Lochridge

MGMT

YES

FOR

1.07 Elect Thomas L. Reece

MGMT

YES

FOR

1.08 Elect Bernard G. Rethore

MGMT

YES

FOR

1.09 Elect Gary L. Roubos

MGMT

YES

FOR

1.10 Elect Michael B. Stubbs

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Page 68 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Dow Chemical

DOW

260543103

5/13/2004

Annual

Adviser: PIM

1.01 Elect Arnold A. Allemang

MGMT

YES

FOR

1.02 Elect John C. Danforth

MGMT

YES

FOR

1.03 Elect Jeff M. Fettig

MGMT

YES

FOR

1.04 Elect Andrew N. Liveris

MGMT

YES

FOR

1.05 Elect James M. Ringler

MGMT

YES

FOR

1.06 Elect William S. Stavropoulos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Report on Environmental Impact or Plans

SHLDR

YES

AGNST

Dow Jones

260561105

4/21/2004

Annual

Adviser: PIM

1.01 Elect Irvine O. Hockaday Jr.

MGMT

YES

FOR

1.02 Elect Vernon E. Jordan Jr.

MGMT

YES

FOR

1.03 Elect Lewis B. Campbell

MGMT

YES

FOR

1.04 Elect Dieter von Holtzbrinck

MGMT

YES

FOR

1.05 Elect Elizabeth Steele

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

DTE Energy

DTE

233331107

4/29/2004

Annual

Adviser: PIM

1.01 Elect Anthony F. Earley Jr.

MGMT

YES

FOR

1.02 Elect Allan D. Gilmour

MGMT

YES

FOR

1.03 Elect Frank M. Hennessey

MGMT

YES

FOR

1.04 Elect Gail J. McGovern

MGMT

YES

FOR

1.05 Elect Josue Robles Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 69 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Du Pont (E.I.) de Nemours

263534109

4/28/2004

Annual

Adviser: PIM

1.01 Elect Alain J.P. Belda

MGMT

YES

FOR

1.02 Elect Richard H. Brown

MGMT

YES

FOR

1.03 Elect Curtis J. Crawford

MGMT

YES

FOR

1.04 Elect John T. Dillon

MGMT

YES

FOR

1.05 Elect Louisa C. Duemling

MGMT

YES

FOR

1.06 Elect Charles O. Holliday Jr.

MGMT

YES

FOR

1.07 Elect Deborah C. Hopkins

MGMT

YES

FOR

1.08 Elect Lois D. Juliber

MGMT

YES

FOR

1.09 Elect Masahisa Naitoh

MGMT

YES

FOR

1.10 Elect William K. Reilly

MGMT

YES

FOR

1.11 Elect H. Rodney Sharp III

MGMT

YES

FOR

1.12 Elect Charles M. Vest

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Disclose Prior Government Service

SHLDR

YES

AGNST

4.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

5.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

Duke Energy Corp

DUK

264399106

5/13/2004

Annual

Adviser: PIM

1.01 Elect Paul M. Anderson

MGMT

YES

FOR

1.02 Elect Ann Maynard Gray

MGMT

YES

FOR

1.03 Elect Michael E. J. Phelps

MGMT

YES

FOR

1.04 Elect James T. Rhodes

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Page 70 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Dynegy Inc

DYN

26816Q101

5/20/2004

Annual

Adviser: PIM

1.01 Elect Charles E. Bayless

MGMT

YES

FOR

1.02 Elect David W. Biegler

MGMT

YES

FOR

1.03 Elect Linda Walker Bynoe

MGMT

YES

FOR

1.04 Elect Thomas D. Clark Jr.

MGMT

YES

FOR

1.05 Elect Barry J. Galt

MGMT

YES

FOR

1.06 Elect Patricia A. Hammick

MGMT

YES

FOR

1.07 Elect George L. Mazanec

MGMT

YES

FOR

1.08 Elect Robert C. Oelkers

MGMT

YES

FOR

1.09 Elect Joe J. Stewart

MGMT

YES

FOR

1.10 Elect William L. Trubeck

MGMT

YES

FOR

1.11 Elect Bruce A. Williamson

MGMT

YES

FOR

2.00 Approve Issuance/Conversion of Pref’d Stock

MGMT

YES

FOR

3.00 Approve Preemptive Rights

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Award Performance-based Stock Options

SHLDR

YES

FOR

AGNST

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Eastman Chemical

EMN

277432100

5/6/2004

Annual

Adviser: PIM

1.01 Elect Renee J. Hornbaker

MGMT

YES

FOR

1.02 Elect Thomas H. McLain

MGMT

YES

FOR

1.03 Elect Peter M. Wood

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 71 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Eastman Kodak Co

277461109

5/12/2004

Annual

Adviser: PIM

1.01 Elect William H. Hernandez

MGMT

YES

FOR

1.02 Elect Hector de J. Ruiz

MGMT

YES

FOR

1.03 Elect Laura D’Andrea Tyson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Eaton

ETN

278058102

4/28/2004

Annual

Adviser: PIM

1.01 Elect Michael J. Critelli

MGMT

YES

FOR

1.02 Elect Ernest Green

MGMT

YES

FOR

1.03 Elect Kiran M. Patel

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ebay Inc

EBAY

278642103

6/24/2004

Annual

Adviser: PIM

1.01 Elect Phillipe Bourguignon

MGMT

YES

FOR

1.02 Elect Tomas J. Tierney

MGMT

YES

FOR

1.03 Elect Margaret C. Whitman

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Limit Per-Employee Awards

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Increase Authorized Common Stock

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 72 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Ecolab Inc

ECL

278865100

5/7/2004

Annual

Adviser: PIM

1.01 Elect Richard U. De Schutter

MGMT

YES

FOR

1.02 Elect William L. Jews

MGMT

YES

FOR

1.03 Elect Joel W. Johnson

MGMT

YES

FOR

1.04 Elect Ulrich Lehner

MGMT

YES

FOR

1.05 Elect Beth M. Pritchard

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Edison International

EIX

281020107

5/20/2004

Annual

Adviser: PIM

1.01 Elect John E. Bryson

MGMT

YES

FOR

1.02 Elect France A. Cordova

MGMT

YES

FOR

1.03 Elect Bradford M. Freeman

MGMT

YES

FOR

1.04 Elect Bruce Karatz

MGMT

YES

FOR

1.05 Elect Luis G. Nogales

MGMT

YES

FOR

1.06 Elect Ronald L. Olson

MGMT

YES

FOR

1.07 Elect James M. Rosser

MGMT

YES

FOR

1.08 Elect Richard T. Schlosberg III

MGMT

YES

FOR

1.09 Elect Robert H. Smith

MGMT

YES

FOR

1.10 Elect Thomas C. Sutton

MGMT

YES

FOR

2.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Electronic Arts

ERTS

285512109

7/31/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

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 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 73 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Electronic Data Systems Corp

EDS

285661104

5/25/2004

Annual

Adviser: PIM

1.01 Elect Roger A. Enrico

MGMT

YES

FOR

1.02 Elect Ellen M. Hancock

MGMT

YES

FOR

1.03 Elect C. Robert Kidder

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

AGNST

EMC

268648102

5/5/2004

Annual

Adviser: PIM

1.01 Elect John R. Egan

MGMT

YES

FOR

1.02 Elect Michael C. Ruettgers

MGMT

YES

FOR

1.03 Elect David N. Strohm

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Emerson Electric

EMR

291011104

2/3/2004

Annual

Adviser: PIM

1.01 Elect Carlos Fernandez G.

MGMT

YES

FOR

1.02 Elect Charles F. Knight

MGMT

YES

FOR

1.03 Elect G. A. Lodge

MGMT

YES

FOR

1.04 Elect Rozanne L. Ridgway

MGMT

YES

FOR

1.05 Elect Edward E. Whitacre Jr.

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 74 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Engelhard

292845104

5/6/2004

Annual

Adviser: PIM

1.01 Elect David L. Burner

MGMT

YES

FOR

1.02 Elect James V. Napier

MGMT

YES

FOR

Entergy Corp

ETR

29364G103

5/14/2004

Annual

Adviser: PIM

1.01 Elect Maureen S. Bateman

MGMT

YES

FOR

1.02 Elect W. Frank Blount

MGMT

YES

FOR

1.03 Elect Simon D. deBree

MGMT

YES

FOR

1.04 Elect Claiborne P. Deming

MGMT

YES

FOR

1.05 Elect Alexis M. Herman

MGMT

YES

FOR

1.06 Elect Donald C. Hintz

MGMT

YES

FOR

1.07 Elect J. Wayne Leonard

MGMT

YES

FOR

1.08 Elect Robert v.d. Luft

MGMT

YES

FOR

1.09 Elect Kathleen A. Murphy

MGMT

YES

FOR

1.10 Elect Paul W. Murrill

MGMT

YES

FOR

1.11 Elect James R. Nichols

MGMT

YES

FOR

1.12 Elect William A. Percy II

MGMT

YES

FOR

1.13 Elect Dennis H. Reilley

MGMT

YES

FOR

1.14 Elect William Clifford Smith

MGMT

YES

FOR

1.15 Elect Bismark A. Steinhagen

MGMT

YES

FOR

1.16 Elect Steven V. Wilkinson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

4.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 75 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

EOG Resources

EOG

26875P101

5/4/2004

Annual

Adviser: PIM

1.01 Elect George A. Alcorn

MGMT

YES

FOR

1.02 Elect Charles R Crisp

MGMT

YES

FOR

1.03 Elect Mark G. Papa

MGMT

YES

FOR

1.04 Elect Edmund P. Segner III

MGMT

YES

FOR

1.05 Elect Donald F. Textor

MGMT

YES

FOR

1.06 Elect Frank G. Wisner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Other Business

MGMT

YES

AGNST

Equifax

EFX

294429105

4/28/2004

Annual

Adviser: PIM

1.01 Elect James E. Copeland Jr.

MGMT

YES

FOR

1.02 Elect Lee A. Ault III

MGMT

YES

FOR

1.03 Elect John L. Clendenin

MGMT

YES

FOR

1.04 Elect A. W. Dahlberg

MGMT

YES

FOR

1.05 Elect L. Phillip Humann

MGMT

YES

FOR

Equity Office Properties Trust

EOP

294741103

5/19/2004

Annual

Adviser: PIM

1.01 Elect Thomas E. Dobrowski

MGMT

YES

FOR

1.02 Elect William M. Goodyear

MGMT

YES

FOR

1.03 Elect James D. Harper, Jr.

MGMT

YES

FOR

1.04 Elect Richard D. Kincaid

MGMT

YES

FOR

1.05 Elect David K. McKown

MGMT

YES

FOR

1.06 Elect Sheli Z. Rosenberg

MGMT

YES

FOR

1.07 Elect Edwin N. Sidman

MGMT

YES

FOR

1.08 Elect Jan H.W.R. van der Vlist

MGMT

YES

FOR

1.09 Elect Samuel Zell

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 76 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Equity Residential

EQR

29476L107

5/28/2004

Annual

Adviser: PIM

1.01 Elect John W. Alexander

MGMT

YES

FOR

1.02 Elect Charles L. Atwood

MGMT

YES

FOR

1.03 Elect Bruce W. Duncan

MGMT

YES

FOR

1.04 Elect Stephen O. Evans

MGMT

YES

FOR

1.05 Elect James D. Harper, Jr.

MGMT

YES

FOR

1.06 Elect Boone A. Knox

MGMT

YES

FOR

1.07 Elect Desiree G. Rogers

MGMT

YES

FOR

1.08 Elect Sheli Z. Rosenberg

MGMT

YES

FOR

1.09 Elect Gerald A. Spector

MGMT

YES

FOR

1.10 Elect B. Joseph White

MGMT

YES

FOR

1.11 Elect Samuel Zell

MGMT

YES

FOR

2.00 Approve Non-Technical Charter Amendments

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Exelon

EXC

30161N101

4/27/2004

Annual

Adviser: PIM

1.01 Elect Nicholas DeBenedictis

MGMT

YES

FOR

1.02 Elect G. Fred DiBona Jr.

MGMT

YES

FOR

1.03 Elect Sue L. Gin

MGMT

YES

FOR

1.04 Elect Edgar D. Jannotta

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 77 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Express Scripts Inc

ESRX

302182100

5/26/2004

Annual

Adviser: PIM

1.01 Elect Gary G. Benanav

MGMT

YES

FOR

1.02 Elect Frank J. Borelli

MGMT

YES

FOR

1.03 Elect Nicholas J. LaHowchic

MGMT

YES

FOR

1.04 Elect Thomas P. Mac Mahon

MGMT

YES

FOR

1.05 Elect John O. Parker Jr.

MGMT

YES

FOR

1.06 Elect George Paz

MGMT

YES

FOR

1.07 Elect Samuel K. Skinner

MGMT

YES

FOR

1.08 Elect Seymour Sternberg

MGMT

YES

FOR

1.09 Elect Barrett A. Toan

MGMT

YES

FOR

1.10 Elect Howard L. Waltman

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 78 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Exxon Mobil Corp

XOM

30231G102

5/26/2004

Annual

Adviser: PIM

1.01 Elect Michael J. Boskin

MGMT

YES

FOR

1.02 Elect James R. Houghton

MGMT

YES

FOR

1.03 Elect William R. Howell

MGMT

YES

FOR

1.04 Elect Reatha Clark King

MGMT

YES

FOR

1.05 Elect Philip E. Lippincott

MGMT

YES

FOR

1.06 Elect Harry J. Longwell

MGMT

YES

FOR

1.07 Elect Henry A. McKinnell Jr.

MGMT

YES

FOR

1.08 Elect Marilyn Carlson Nelson

MGMT

YES

FOR

1.09 Elect Lee R. Raymond

MGMT

YES

FOR

1.10 Elect Walter V. Shipley

MGMT

YES

FOR

1.11 Elect Rex W. Tillerson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 SP-Affirm Political Nonpartisanship

SHLDR

YES

AGNST

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

6.00 SP-Review Operations’ Impact on Local Groups

SHLDR

YES

AGNST

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

8.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

9.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

10.00 SP-Adopt Sexual Orientation Anti-Bias Policy

SHLDR

YES

AGNST

11.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 79 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Family Dollar Stores

FDO

307000109

1/15/2004

Annual

Adviser: PIM

1.01 Elect Mark R. Bernstein

MGMT

YES

FOR

1.02 Elect Sharon Allred Decker

MGMT

YES

FOR

1.03 Elect Edward C. Dolby

MGMT

YES

FOR

1.04 Elect Glenn A. Eisenberg

MGMT

YES

FOR

1.05 Elect Howard R. Levine

MGMT

YES

FOR

1.06 Elect George R. Mahoney Jr.

MGMT

YES

FOR

1.07 Elect James G. Martin

MGMT

YES

FOR

2.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Fannie Mae

FNM

313586109

5/25/2004

Annual

Adviser: PIM

1.01 Elect Stephen B. Ashley

MGMT

YES

FOR

1.02 Elect Kenneth M. Duberstein

MGMT

YES

FOR

1.03 Elect Thomas P. Gerrity

MGMT

YES

FOR

1.04 Elect Timothy Howard

MGMT

YES

FOR

1.05 Elect Ann McLaughlin Korologos

MGMT

YES

FOR

1.06 Elect Frederic V. Malek

MGMT

YES

FOR

1.07 Elect Donald B. Marron

MGMT

YES

FOR

1.08 Elect Daniel H. Mudd

MGMT

YES

FOR

1.09 Elect Anne M. Mulcahy

MGMT

YES

FOR

1.10 Elect Joe K. Pickett

MGMT

YES

FOR

1.11 Elect Leslie Rahl

MGMT

YES

FOR

1.12 Elect Franklin D. Raines

MGMT

YES

FOR

1.13 Elect H. Patrick Swygert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

Page 80 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Federal Home Loan Mortgage

FRE

313400301

3/31/2004

Annual

Adviser: PIM

1.01 Elect Joan E. Donaghue

MGMT

YES

FOR

1.02 Elect Michelle Engler

MGMT

YES

FOR

1.03 Elect Richard Karl Goeltz

MGMT

YES

FOR

1.04 Elect George D. Gould

MGMT

YES

FOR

1.05 Elect Henry Kaufman

MGMT

YES

FOR

1.06 Elect John B. McCoy

MGMT

YES

FOR

1.07 Elect Shaun F. O’Malley

MGMT

YES

FOR

1.08 Elect Ronald F. Poe

MGMT

YES

FOR

1.09 Elect Stephen A. Ross

MGMT

YES

FOR

1.10 Elect Donald J. Schuenke

MGMT

YES

FOR

1.11 Elect Christina Seix

MGMT

YES

FOR

1.12 Elect Richard F. Syron

MGMT

YES

FOR

1.13 Elect William J. Turner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Federated Dept Stores

31410H101

5/21/2004

Annual

Adviser: PIM

1.01 Elect Sara L. Levinson

MGMT

YES

FOR

1.02 Elect Joseph Neubauer

MGMT

YES

FOR

1.03 Elect Joseph A. Pichler

MGMT

YES

FOR

1.04 Elect Karl M. von der Heyden

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

FedEx

FDX

31428X106

9/29/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHDLR

YES

FOR

AGNST

Page 81 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Fifth Third Bancorp

FITB

316773100

3/23/2004

Annual

Adviser: PIM

1.01 Elect Darryl F. Allen

MGMT

YES

FOR

1.02 Elect Allen M. Hill

MGMT

YES

FOR

1.03 Elect Mitchel D. Livingston

MGMT

YES

FOR

1.04 Elect Hendrick G. Meijer

MGMT

YES

FOR

1.05 Elect James E. Rogers

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Adopt Sexual Orientation Anti-Bias Policy

SHLDR

YES

AGNST

First Data

FDC

319963104

10/28/2003

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

First Data Corp

FDC

319963104

5/19/2004

Annual

Adviser: PIM

1.01 Elect Henry C. Duques

MGMT

YES

FOR

1.02 Elect Charles T. Fote

MGMT

YES

FOR

1.03 Elect Richard P. Kiphart

MGMT

YES

FOR

1.04 Elect Joan E. Spero

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

First Tennessee National

FTN

337162101

4/20/2004

Annual

Adviser: PIM

1.01 Elect Robert C. Blattberg

MGMT

YES

FOR

1.02 Elect J. Kenneth Glass

MGMT

YES

FOR

1.03 Elect Michael D. Rose

MGMT

YES

FOR

1.04 Elect Luke Yancy III

MGMT

YES

FOR

2.00 Approve Name Change

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 82 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

FirstEnergy Corp

337932107

5/18/2004

Annual

Adviser: PIM

1.01 Elect Paul T. Addison

MGMT

YES

FOR

1.02 Elect Ernest J. Novak Jr.

MGMT

YES

FOR

1.03 Elect John M. Pietruski

MGMT

YES

FOR

1.04 Elect Catherine A. Rein

MGMT

YES

FOR

1.05 Elect Robert C. Savage

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

5.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

6.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

7.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

8.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

9.00 SP-Review Political Spending

SHLDR

YES

AGNST

10.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Fiserv

FISV

337738108

4/6/2004

Annual

Adviser: PIM

1.01 Elect Kenneth R. Jensen

MGMT

YES

FOR

1.02 Elect Kim M. Robak

MGMT

YES

FOR

1.03 Elect Thomas C Wertheimer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

FOR

FleetBoston Financial

FBF

339030108

3/17/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

AGNST

Page 83 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Fluor

FLR

343412102

4/28/2004

Annual

Adviser: PIM

1.01 Elect James T. Hackett

MGMT

YES

FOR

1.02 Elect Kent Kresa

MGMT

YES

FOR

1.03 Elect Robin W. Renwick

MGMT

YES

FOR

1.04 Elect Martha R. Seger

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

AGNST

3.00 Amend Director Stock Award Plan

MGMT

YES

AGNST

Ford Motor Co

345370860

5/13/2004

Annual

Adviser: PIM

1.01 Elect John R. H. Bond

MGMT

YES

FOR

1.02 Elect Stephen G. Butler

MGMT

YES

FOR

1.03 Elect Kimberly A. Casiano

MGMT

YES

FOR

1.04 Elect Edsel B. Ford II

MGMT

YES

FOR

1.05 Elect William Clay Ford

MGMT

YES

FOR

1.06 Elect William Clay Ford Jr.

MGMT

YES

FOR

1.07 Elect Irvine O. Hockaday Jr.

MGMT

YES

FOR

1.08 Elect Marie-Josee Kravis

MGMT

YES

FOR

1.09 Elect Richard A. Manoogian

MGMT

YES

FOR

1.10 Elect Ellen R. Marram

MGMT

YES

FOR

1.11 Elect Homer A. Neal

MGMT

YES

FOR

1.12 Elect Jorma J. Ollila

MGMT

YES

FOR

1.13 Elect Carl E. Reichardt

MGMT

YES

FOR

1.14 Elect Robert E. Rubin

MGMT

YES

FOR

1.15 Elect Nicholas V. Scheele

MGMT

YES

FOR

1.16 Elect John L. Thornton

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Disclose Executive Compensation

SHLDR

YES

FOR

AGNST

4.00 SP-Investigate Family/Company Relationships

SHLDR

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

7.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 84 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Forest Laboratories -Cl A

FRX

345838106

8/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Fortune Brands

349631101

4/27/2004

Annual

Adviser: PIM

1.01 Elect Anne M. Tatlock

MGMT

YES

FOR

1.02 Elect Norman H. Wesley

MGMT

YES

FOR

1.03 Elect Peter M. Wilson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

FPL Group Inc

FPL

302571104

5/21/2004

Annual

Adviser: PIM

1.01 Elect H. Jesse Arnelle

MGMT

YES

FOR

1.02 Elect Sherry S. Barrat

MGMT

YES

FOR

1.03 Elect Robert M. Beall II

MGMT

YES

FOR

1.04 Elect J. Hyatt Brown

MGMT

YES

FOR

1.05 Elect James L. Camaren

MGMT

YES

FOR

1.06 Elect Lewis Hay III

MGMT

YES

FOR

1.07 Elect Frederic V. Malek

MGMT

YES

FOR

1.08 Elect Michael H. Thaman

MGMT

YES

FOR

1.09 Elect Paul R. Tregurtha

MGMT

YES

FOR

1.10 Elect Frank G. Zarb

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

6.00 Increase Authorized Common Stock

MGMT

YES

FOR

Page 85 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Franklin Resources

BEN

354613101

1/29/2004

Annual

Adviser: PIM

1.01 Elect Harmon E. Burns

MGMT

YES

FOR

1.02 Elect Charles Crocker

MGMT

YES

FOR

1.03 Elect Robert D. Joffe

MGMT

YES

FOR

1.04 Elect Charles B. Johnson

MGMT

YES

FOR

1.05 Elect Rupert H. Johnson Jr.

MGMT

YES

FOR

1.06 Elect Thomas H. Kean

MGMT

YES

FOR

1.07 Elect James A. McCarthy

MGMT

YES

FOR

1.08 Elect Chutta Ratnathicam

MGMT

YES

FOR

1.09 Elect Peter M. Sacerdote

MGMT

YES

FOR

1.10 Elect Anne M. Tatlock

MGMT

YES

FOR

1.11 Elect Louis E. Woodworth

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Amend Annual Bonus Plan

MGMT

YES

FOR

Freeport McMoRan Copper & Gold

FCX

35671D857

5/6/2004

Annual

Adviser: PIM

1.01 Elect Robert J. Allison Jr.

MGMT

YES

FOR

1.02 Elect R. Leigh Clifford

MGMT

YES

FOR

1.03 Elect James R. Moffett

MGMT

YES

FOR

1.04 Elect B. M. Rankin Jr.

MGMT

YES

FOR

1.05 Elect J. Taylor Wharton

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Suspend Payments to Indonesian Military

SHLDR

YES

AGNST

Page 86 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Gannett

GCI

364730101

5/4/2004

Annual

Adviser: PIM

1.01 Elect James A. Johnson

MGMT

YES

FOR

1.02 Elect Douglas H. McCorkindale

MGMT

YES

FOR

1.03 Elect Stephen P. Munn

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Gap Inc

GPS

364760108

5/12/2004

Annual

Adviser: PIM

1.01 Elect Adrian D.P. Bellamy

MGMT

YES

FOR

1.02 Elect Donald G. Fisher

MGMT

YES

FOR

1.03 Elect Doris F. Fisher

MGMT

YES

FOR

1.04 Elect Robert J. Fisher

MGMT

YES

FOR

1.05 Elect Glenda A. Hatchett

MGMT

YES

FOR

1.06 Elect Penelope L. Hughes

MGMT

YES

FOR

1.07 Elect Bob L. Martin

MGMT

YES

FOR

1.08 Elect Jorge P. Montoya

MGMT

YES

FOR

1.09 Elect Paul S. Pressler

MGMT

YES

FOR

1.10 Elect James M. Schneider

MGMT

YES

FOR

1.11 Elect Mayo A. Shattuck III

MGMT

YES

FOR

1.12 Elect Howard P. Behar

MGMT

YES

FOR

1.13 Elect Margaret C. Whitman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 87 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Gateway Inc

GTW

367626108

5/20/2004

Annual

Adviser: PIM

1.01 Elect Douglas L. Lacey

MGMT

YES

FOR

1.02 Elect Wayne Inouye

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Political Spending

SHLDR

YES

AGNST

4.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

5.00 SP-Board Inclusiveness

SHLDR

YES

AGNST

General Dynamics

369550108

5/5/2004

Annual

Adviser: PIM

1.01 Elect Nicholas D. Chabraja

MGMT

YES

FOR

1.02 Elect James S. Crown

MGMT

YES

FOR

1.03 Elect Lester Crown

MGMT

YES

FOR

1.04 Elect William P. Fricks

MGMT

YES

FOR

1.05 Elect Charles H. Goodman

MGMT

YES

FOR

1.06 Elect Jay L. Johnson

MGMT

YES

FOR

1.07 Elect George A. Joulwan

MGMT

YES

FOR

1.08 Elect Paul G. Kaminski

MGMT

YES

FOR

1.09 Elect John M. Keane

MGMT

YES

FOR

1.10 Elect Lester L. Lyles

MGMT

YES

FOR

1.11 Elect Carl E. Mundy Jr.

MGMT

YES

FOR

1.12 Elect Robert Walmsley

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

4.00 SP-Review Foreign Military Sales

SHLDR

YES

AGNST

Page 88 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

General Electric

369604103

4/28/2004

Annual

Adviser: PIM

1.01 Elect James I. Cash Jr.

MGMT

YES

FOR

1.02 Elect Dennis D. Dammerman

MGMT

YES

FOR

1.03 Elect Ann M. Fudge

MGMT

YES

FOR

1.04 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.05 Elect Jeffrey R. Immelt

MGMT

YES

FOR

1.06 Elect Andrea Jung

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Kenneth G. Langone

MGMT

YES

FOR

1.09 Elect Ralph S. Larsen

MGMT

YES

FOR

1.10 Elect Rochelle B. Lazarus

MGMT

YES

FOR

1.11 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.12 Elect Roger S. Penske

MGMT

YES

FOR

1.13 Elect Robert J. Swieringa

MGMT

YES

FOR

1.14 Elect Douglas A. Warner III

MGMT

YES

FOR

1.15 Elect Robert C. Wright

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

5.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

6.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

7.00 SP-Report on Environmental Impact or Plans

SHLDR

YES

AGNST

8.00 SP-Report on Risk to Image of Globalization Strate

SHLDR

YES

AGNST

9.00 SP-Report on Sustainability

SHLDR

YES

AGNST

10.00 SP-Increase Comp Committee Independence

SHLDR

YES

FOR

AGNST

11.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

12.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

13.00 SP-Limit Number of Directorships

SHLDR

YES

AGNST

FOR

14.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

15.00 SP-Study Sale or Spin-off

SHLDR

YES

FOR

AGNST

16.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

17.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

18.00 SP-Review Political Spending

SHLDR

YES

AGNST

Page 89 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

General Mills

GIS

370334104

9/22/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

General Motors

370442105

10/3/2003

Annual

Adviser: PIM

1.00 Approve Non-Technical Charter Amendm

MGMT

YES

AGNST

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

Page 90 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

General Motors Corp

370442105

6/2/2004

Annual

Adviser: PIM

1.01 Elect Percy N. Barnevik

MGMT

YES

FOR

1.02 Elect John H. Bryan

MGMT

YES

FOR

1.03 Elect Armando M. Codina

MGMT

YES

FOR

1.04 Elect George M.C. Fisher

MGMT

YES

FOR

1.05 Elect Karen Katen

MGMT

YES

FOR

1.06 Elect Kent Kresa

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Philip A. Laskawy

MGMT

YES

FOR

1.09 Elect E. Stanley O’Neal

MGMT

YES

FOR

1.10 Elect Eckhard Pfeiffer

MGMT

YES

FOR

1.11 Elect G. Richard Wagoner Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

6.00 SP-Increase Key Committee Independence

SHLDR

YES

FOR

AGNST

7.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

8.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

9.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

Genuine Parts

GPC

372460105

4/19/2004

Annual

Adviser: PIM

1.01 Elect Jean Douville

MGMT

YES

FOR

1.02 Elect Michael M. E. Johns

MGMT

YES

FOR

1.03 Elect J. Hicks Lanier

MGMT

YES

FOR

1.04 Elect Wendy B. Needham

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 Performance/Time-Based Restricted Shares

SHLDR

YES

FOR

AGNST

Page 91 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Genzyme Corp

GENZ

372917104

5/27/2004

Annual

Adviser: PIM

1.01 Elect Douglas A. Berthiaume

MGMT

YES

FOR

1.02 Elect Henry E. Blair

MGMT

YES

FOR

1.03 Elect Gail K. Boudreaux

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Add Shares to Director Stock Option Plan

MGMT

YES

AGNST

4.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

5.00 Cancel Series of Preferred Stock

MGMT

YES

FOR

5.00 Eliminate Dual Class Stock

MGMT

YES

FOR

6.00 Ratify Selection of Auditors

MGMT

YES

FOR

7.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Georgia-Pacific

373298108

5/4/2004

Annual

Adviser: PIM

1.01 Elect Barbara L. Bowles

MGMT

YES

FOR

1.02 Elect Donald V. Fites

MGMT

YES

FOR

1.03 Elect David R. Goode

MGMT

YES

FOR

1.04 Elect Karen N. Horn

MGMT

YES

FOR

1.05 Elect William R. Johnson

MGMT

YES

FOR

1.06 Elect James B. Williams

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 92 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Gillette Co

375766102

5/20/2004

Annual

Adviser: PIM

1.01 Elect Edward F. DeGraan

MGMT

YES

FOR

1.02 Elect Wilbur H. Gantz

MGMT

YES

FOR

1.03 Elect James M. Kilts

MGMT

YES

FOR

1.04 Elect Jorge Paulo Lemann

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

6.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Golden West Financial

GDW

381317106

4/27/2004

Annual

Adviser: PIM

1.01 Elect Patricia A. King

MGMT

YES

FOR

1.02 Elect Marion O. Sandler

MGMT

YES

FOR

1.03 Elect Leslie Tang Schilling

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Goldman Sachs Group

38141G104

3/31/2004

Annual

Adviser: PIM

1.01 Elect John P. Browne of Madingley

MGMT

YES

FOR

1.02 Elect Claes Dahlback

MGMT

YES

FOR

1.03 Elect James A. Johnson

MGMT

YES

FOR

1.04 Elect Lois D. Juliber

MGMT

YES

FOR

1.05 Elect Lloyd C. Blankfein

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Page 93 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Goodrich

382388106

4/27/2004

Annual

Adviser: PIM

1.01 Elect Diane C. Creel

MGMT

YES

FOR

1.02 Elect George A. Davidson Jr.

MGMT

YES

FOR

1.03 Elect Harris E. DeLoach Jr.

MGMT

YES

FOR

1.04 Elect James J. Glasser

MGMT

YES

FOR

1.05 Elect James W. Griffith

MGMT

YES

FOR

1.06 Elect William R. Holland

MGMT

YES

FOR

1.07 Elect Marshall O. Larsen

MGMT

YES

FOR

1.08 Elect Douglas E. Olesen

MGMT

YES

FOR

1.09 Elect Alfred M. Rankin Jr.

MGMT

YES

FOR

1.10 Elect James R. Wilson

MGMT

YES

FOR

1.11 Elect A. Thomas Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Goodyear Tire & Rubber Co

382550101

6/30/2004

Annual

Adviser: PIM

1.01 Elect Robert J. Keegan

MGMT

YES

FOR

1.02 Elect Rodney O’Neal

MGMT

YES

FOR

1.03 Elect Shirley D. Peterson

MGMT

YES

FOR

1.04 Elect John G. Breen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Page 94 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst
Mgmt

Grainger (W.W.)

GWW

384802104

4/28/2004

Annual

Adviser: PIM

1.01 Elect Brian P. Anderson

MGMT

YES

FOR

1.02 Elect Wesley M. Clark

MGMT

YES

FOR

1.03 Elect Wilbur H. Gantz

MGMT

YES

FOR

1.04 Elect David W. Grainger

MGMT

YES

FOR

1.05 Elect Richard L. Keyser

MGMT

YES

FOR

1.06 Elect Frederick A. Krehbiel

MGMT

YES

FOR

1.07 Elect John W. McCarter Jr.

MGMT

YES

FOR

1.08 Elect Neil S. Novich

MGMT

YES

FOR

1.09 Elect James D. Slavik

MGMT

YES

FOR

1.10 Elect Harold B. Smith

MGMT

YES

FOR

1.11 Elect Janiece S. Webb

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Great Lakes Chemical

GLK

390568103

5/6/2004

Annual

Adviser: PIM

1.01 Elect James W. Crownover

MGMT

YES

FOR

1.02 Elect Louis E. Lataif

MGMT

YES

FOR

1.03 Elect Mack G. Nichols

MGMT

YES

FOR

2.00 SP-Study Sale or Spin-off

SHLDR

YES

FOR

AGNST

Guidant Corp

GDT

401698105

5/18/2004

Annual

Adviser: PIM

1.01 Elect Maurice A. Cox Jr.

MGMT

YES

FOR

1.02 Elect Nancy-Ann DeParle

MGMT

YES

FOR

1.03 Elect Ronald W. Dollens

MGMT

YES

FOR

1.04 Elect Enrique C. Falla

MGMT

YES

FOR

1.05 Elect Kristina M. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 95 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst
Mgmt

H & R Block

HRB

093671105

9/10/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Halliburton Co

HAL

406216101

5/19/2004

Annual

Adviser: PIM

1.01 Elect Robert L. Crandall

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect Charles J. DiBona

MGMT

YES

FOR

1.04 Elect William R. Howell

MGMT

YES

FOR

1.05 Elect Ray L. Hunt

MGMT

YES

FOR

1.06 Elect David J. Lesar

MGMT

YES

FOR

1.07 Elect Aylwin B. Lewis

MGMT

YES

FOR

1.08 Elect J. Landis Martin

MGMT

YES

FOR

1.09 Elect Jay A. Precourt

MGMT

YES

FOR

1.10 Elect Debra L. Reed

MGMT

YES

FOR

1.11 Elect C. J. Silas

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 SP-Report on Ties to State Sponsors of Terror

SHLDR

YES

AGNST

4.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Hancock (John) Financial Services

JHF

41014S106

2/24/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Page 96 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst
Mgmt

Harley-Davidson

HDI

412822108

4/24/2004

Annual

Adviser: PIM

1.01 Elect Barry K. Allen

MGMT

YES

FOR

1.02 Elect Richard I. Beattie

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Harrah’s Entertainment

HET

413619107

4/29/2004

Annual

Adviser: PIM

1.01 Elect Ralph Horn

MGMT

YES

FOR

1.02 Elect Gary W. Loveman

MGMT

YES

FOR

1.03 Elect Philip G. Satre

MGMT

YES

FOR

1.04 Elect Boake A. Sells

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hartford Financial Services Group Inc

HIG

416515104

5/20/2004

Annual

Adviser: PIM

1.01 Elect Ramani Ayer

MGMT

YES

FOR

1.02 Elect Ronald E. Ferguson

MGMT

YES

FOR

1.03 Elect Edward J. Kelly III

MGMT

YES

FOR

1.04 Elect Paul G. Kirk Jr.

MGMT

YES

FOR

1.05 Elect Thomas M. Marra

MGMT

YES

FOR

1.06 Elect Gail J. McGovern

MGMT

YES

FOR

1.07 Elect Robert W. Selander

MGMT

YES

FOR

1.08 Elect Charles B. Strauss

MGMT

YES

FOR

1.09 Elect H. Patrick Swygert

MGMT

YES

FOR

1.10 Elect Gordon I. Ulmer

MGMT

YES

FOR

1.11 Elect David K. Zwiener

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 97 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Hasbro Inc

HAS

418056107

5/20/2004

Annual

Adviser: PIM

1.01 Elect Alan R. Batkin

MGMT

YES

FOR

1.02 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.03 Elect John M. Connors Jr.

MGMT

YES

FOR

1.04 Elect Jack M. Greenberg

MGMT

YES

FOR

1.05 Elect Alan G. Hassenfeld

MGMT

YES

FOR

1.06 Elect Claudine B. Malone

MGMT

YES

FOR

1.07 Elect Edward M. Philip

MGMT

YES

FOR

1.08 Elect Paula Stern

MGMT

YES

FOR

1.09 Elect Alfred J. Verrecchia

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

HCA Inc

HCA

404119109

5/27/2004

Annual

Adviser: PIM

1.01 Elect C. Michael Armstrong

MGMT

YES

FOR

1.02 Elect Magdalena Averhoff

MGMT

YES

FOR

1.03 Elect Jack O. Bovender Jr.

MGMT

YES

FOR

1.04 Elect Richard M. Bracken

MGMT

YES

FOR

1.05 Elect Martin S. Feldstein

MGMT

YES

FOR

1.06 Elect Thomas F. Frist Jr.

MGMT

YES

FOR

1.07 Elect Frederick W. Gluck

MGMT

YES

FOR

1.08 Elect Glenda A. Hatchett

MGMT

YES

FOR

1.09 Elect Charles O. Holliday Jr.

MGMT

YES

FOR

1.10 Elect T. Michael Long

MGMT

YES

FOR

1.11 Elect John H. McArthur

MGMT

YES

FOR

1.12 Elect Kent C. Nelson

MGMT

YES

FOR

1.13 Elect Frank S. Royal

MGMT

YES

FOR

1.14 Elect Harold T. Shapiro

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

Page 98 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Health Management Associates

HMA

421933102

2/17/2004

Annual

Adviser: PIM

1.01 Elect William J. Schoen

MGMT

YES

FOR

1.02 Elect Joseph V. Vumbacco

MGMT

YES

FOR

1.03 Elect Kent P. Dauten

MGMT

YES

FOR

1.04 Elect Donald E. Kiernan

MGMT

YES

FOR

1.05 Elect Robert Knox

MGMT

YES

FOR

1.06 Elect William E. Mayberry

MGMT

YES

FOR

1.07 Elect William C. Steere Jr.

MGMT

YES

FOR

1.08 Elect Randolph W. Westerfield

MGMT

YES

FOR

Heinz (H.J.)

HNZ

423074103

9/12/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Hercules

HPC

427056106

7/25/2003

Annual

Adviser: PIM

1.00 Contested Election of Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Restore Right to Act by Written Consent

SHLDR

YES

FOR

AGNST

5.00 SP-Restore Right to Call a Special Meeting

SHLDR

YES

FOR

AGNST

Hercules Inc

HPC

427056106

5/12/2004

Annual

Adviser: PIM

1.01 Elect Craig A. Rogerson

MGMT

YES

FOR

1.02 Elect John C. Hunter III

MGMT

YES

FOR

1.03 Elect Robert D. Kennedy

MGMT

YES

FOR

2.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Restore Special Meeting

MGMT

YES

FOR

4.00 Restore Written Consent

MGMT

YES

FOR

Page 99 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst
Mgmt

Hershey Foods

HSY

427866108

4/28/2004

Annual

Adviser: PIM

1.01 Elect Jon A. Boscia

MGMT

YES

FOR

1.02 Elect Robert H. Campbell

MGMT

YES

FOR

1.03 Elect Robert F. Cavanaugh

MGMT

YES

FOR

1.04 Elect Gary P. Coughlan

MGMT

YES

FOR

1.05 Elect Harriet Edelman

MGMT

YES

FOR

1.06 Elect Bonnie Guiton Hill

MGMT

YES

FOR

1.07 Elect Richard H. Lenny

MGMT

YES

FOR

1.08 Elect Mackey J. McDonald

MGMT

YES

FOR

1.09 Elect Marie J. Toulantis

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hewlett-Packard

HPQ

428236103

3/17/2004

Annual

Adviser: PIM

1.01 Elect Lawrence T. Babbio Jr.

MGMT

YES

FOR

1.02 Elect Patricia C. Dunn

MGMT

YES

FOR

1.03 Elect Carleton S. Fiorina

MGMT

YES

FOR

1.04 Elect Richard A. Hackborn

MGMT

YES

FOR

1.05 Elect George A. Keyworth II

MGMT

YES

FOR

1.06 Elect Robert E. Knowling Jr.

MGMT

YES

FOR

1.07 Elect Sanford M. Litvack

MGMT

YES

FOR

1.08 Elect Robert L. Ryan

MGMT

YES

FOR

1.09 Elect Lucille S. Salhany

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 100 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Hilton Hotels Corp

HLT

432848109

5/27/2004

Annual

Adviser: PIM

1.01 Elect A. Steven Crown

MGMT

YES

FOR

1.02 Elect David Michels

MGMT

YES

FOR

1.03 Elect John H. Myers

MGMT

YES

FOR

1.04 Elect Donna F. Tuttle

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

6.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

Home Depot Inc

437076102

5/27/2004

Annual

Adviser: PIM

1.01 Elect Gregory D. Brenneman

MGMT

YES

FOR

1.02 Elect Richard H. Brown

MGMT

YES

FOR

1.03 Elect John L. Clendenin

MGMT

YES

FOR

1.04 Elect Berry R. Cox

MGMT

YES

FOR

1.05 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.06 Elect Milledge A. Hart III

MGMT

YES

FOR

1.07 Elect Bonnie Guiton Hill

MGMT

YES

FOR

1.08 Elect Kenneth G. Langone

MGMT

YES

FOR

1.09 Elect Robert L. Nardelli

MGMT

YES

FOR

1.10 Elect Roger S. Penske

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

7.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

8.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Page 101 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Honeywell International

HON

438516106

4/26/2004

Annual

Adviser: PIM

1.01 Elect James J. Howard

MGMT

YES

FOR

1.02 Elect Bruce Karatz

MGMT

YES

FOR

1.03 Elect Russell E. Palmer

MGMT

YES

FOR

1.04 Elect Ivan G. Seidenberg

MGMT

YES

FOR

1.05 Elect Eric K. Shinseki

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

AGNST

5.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

6.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

7.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

Humana

HUM

444859102

4/22/2004

Annual

Adviser: PIM

1.01 Elect David A. Jones

MGMT

YES

FOR

1.02 Elect David A. Jones Jr.

MGMT

YES

FOR

1.03 Elect Frank A. D’Amelio

MGMT

YES

FOR

1.04 Elect Michael E. Gellert

MGMT

YES

FOR

1.05 Elect John R. Hall

MGMT

YES

FOR

1.06 Elect Kurt J. Hilzinger

MGMT

YES

FOR

1.07 Elect Michael B. McCallister

MGMT

YES

FOR

1.08 Elect W. Ann Reynolds

MGMT

YES

FOR

Huntington Bancshares

HBAN

446150104

4/27/2004

Annual

Adviser: PIM

1.01 Elect Karen A. Holbrook

MGMT

YES

FOR

1.02 Elect David P. Lauer

MGMT

YES

FOR

1.03 Elect Kathleen H. Ransier

MGMT

YES

FOR

1.04 Elect David L. Porteous

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 102 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Illinois Tool Works

ITW

452308109

5/7/2004

Annual

Adviser: PIM

1.01 Elect William F. Aldinger III

MGMT

YES

FOR

1.02 Elect Michael J. Birck

MGMT

YES

FOR

1.03 Elect Marvin D. Brailsford

MGMT

YES

FOR

1.04 Elect James R. Cantalupo

MGMT

YES

FOR

1.05 Elect Susan Crown

MGMT

YES

FOR

1.06 Elect Don H. Davis Jr.

MGMT

YES

FOR

1.07 Elect W. James Farrell

MGMT

YES

FOR

1.08 Elect Robert C. McCormack

MGMT

YES

FOR

1.09 Elect Robert S. Morrison

MGMT

YES

FOR

1.10 Elect Harold B. Smith

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

IMS Health

449934108

5/7/2004

Annual

Adviser: PIM

1.01 Elect James D. Edwards

MGMT

YES

FOR

1.02 Elect David M. Thomas

MGMT

YES

FOR

1.03 Elect William C. Van Faasen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Ingersoll-Rand Co Ltd

G4776G101

6/2/2004

Annual

Adviser: PIM

1.01 Elect Peter C. Godsoe

MGMT

YES

FOR

1.02 Elect Constance J. Horner

MGMT

YES

FOR

1.03 Elect Orin R. Smith

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

6.00 SP-Reincorporation

SHLDR

YES

FOR

AGNST

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 103 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Intel Corp

INTC

458140100

5/19/2004

Annual

Adviser: PIM

1.01 Elect Craig R. Barrett

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

FOR

1.03 Elect E. John P. Browne

MGMT

YES

FOR

1.04 Elect Andrew S. Grove

MGMT

YES

FOR

1.05 Elect D. James Guzy

MGMT

YES

FOR

1.06 Elect Reed E. Hundt

MGMT

YES

FOR

1.07 Elect Paul S. Otellini

MGMT

YES

FOR

1.08 Elect David S. Pottruck

MGMT

YES

FOR

1.09 Elect Jane E. Shaw

MGMT

YES

FOR

1.10 Elect John L. Thornton

MGMT

YES

FOR

1.11 Elect David B. Yoffie

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Award Performance-based Stock Options

SHLDR

YES

FOR

AGNST

Page 104 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

International Business Machines

IBM

459200101

4/27/2004

Annual

Adviser: PIM

1.01 Elect Cathleen P. Black

MGMT

YES

FOR

1.02 Elect Kenneth I. Chenault

MGMT

YES

FOR

1.03 Elect Carlos Ghosn

MGMT

YES

FOR

1.04 Elect Nannerl O. Keohane

MGMT

YES

FOR

1.05 Elect Charles F. Knight

MGMT

YES

FOR

1.06 Elect Lucio A. Noto

MGMT

YES

FOR

1.07 Elect Samuel J. Palmisano

MGMT

YES

FOR

1.08 Elect John B. Slaughter

MGMT

YES

FOR

1.09 Elect Joan E. Spero

MGMT

YES

FOR

1.10 Elect Sidney Taurel

MGMT

YES

FOR

1.11 Elect Charles M. Vest

MGMT

YES

FOR

1.12 Elect Lorenzo H. Zambrano

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Ratify Auditors for Business Unit

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

6.00 SP-Provide Pension Choices

SHLDR

YES

AGNST

FOR

7.00 SP-Pension Fund Surplus

SHLDR

YES

AGNST

FOR

8.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

9.00 SP-Disclose Executive Compensation

SHLDR

YES

FOR

AGNST

10.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

11.00 SP-Review Political Spending

SHLDR

YES

AGNST

12.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 105 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

International Flavors & Fragrances

IFF

459506101

5/11/2004

Annual

Adviser: PIM

1.01 Elect Margaret Hayes Adame

MGMT

YES

FOR

1.02 Elect Gunter Blobel

MGMT

YES

FOR

1.03 Elect J. Michael Cook

MGMT

YES

FOR

1.04 Elect Peter A. Georgescu

MGMT

YES

FOR

1.05 Elect Richard A. Goldstein

MGMT

YES

FOR

1.06 Elect Alexandra A. Herzan

MGMT

YES

FOR

1.07 Elect Arthur C. Martinez

MGMT

YES

FOR

1.08 Elect Burton M. Tansky

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

International Game Technology

IGT

459902102

3/2/2004

Annual

Adviser: PIM

1.01 Elect G. Thomas Baker

MGMT

YES

FOR

1.02 Elect Neil Barsky

MGMT

YES

FOR

1.03 Elect Robert A. Bittman

MGMT

YES

FOR

1.04 Elect Richard R. Burt

MGMT

YES

FOR

1.05 Elect Leslie S Heisz

MGMT

YES

FOR

1.06 Elect Robert A Matthewson

MGMT

YES

FOR

1.07 Elect Thomas J. Matthews

MGMT

YES

FOR

1.08 Elect Robert J. Miller

MGMT

YES

FOR

1.09 Elect Frederick B. Rentschler

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 106 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

International Paper Co

460146103

5/11/2004

Annual

Adviser: PIM

1.01 Elect Martha F. Brooks

MGMT

YES

FOR

1.02 Elect James A. Henderson

MGMT

YES

FOR

1.03 Elect Robert D. Kennedy

MGMT

YES

FOR

1.04 Elect W. Craig McClelland

MGMT

YES

FOR

1.05 Elect Robert M. Amen

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

Interpublic Group of Cos

IPG

460690100

5/18/2004

Annual

Adviser: PIM

1.01 Elect David A. Bell

MGMT

YES

FOR

1.02 Elect Frank J. Borelli

MGMT

YES

FOR

1.03 Elect Reginald K. Brack Jr.

MGMT

YES

FOR

1.04 Elect Jill M. Considine

MGMT

YES

FOR

1.05 Elect Christopher J. Coughlin

MGMT

YES

FOR

1.06 Elect John J. Dooner Jr.

MGMT

YES

FOR

1.07 Elect Richard A. Goldstein

MGMT

YES

FOR

1.08 Elect H. John Greeniaus

MGMT

YES

FOR

1.09 Elect Michael I. Roth

MGMT

YES

FOR

1.10 Elect J. Phillip Samper

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

AGNST

5.00 SP-Review or Implement MacBride Principles

SHLDR

YES

AGNST

Page 107 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Intuit

INTU

461202103

10/30/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

ITT Industries Inc

ITT

450911102

5/11/2004

Annual

Adviser: PIM

1.01 Elect Louis J. Giuliano

MGMT

YES

FOR

1.02 Elect Curtis J. Crawford

MGMT

YES

FOR

1.03 Elect Christina A. Gold

MGMT

YES

FOR

1.04 Elect Ralph F. Hake

MGMT

YES

FOR

1.05 Elect John J. Hamre

MGMT

YES

FOR

1.06 Elect Raymond W. LeBoeuf

MGMT

YES

FOR

1.07 Elect Frank T. MacInnis

MGMT

YES

FOR

1.08 Elect Linda S. Sanford

MGMT

YES

FOR

1.09 Elect Markos I. Tambakeras

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 108 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

J P Morgan Chase & Co

JPM

46625H100

5/25/2004

Annual

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Hans W. Becherer

MGMT

YES

FOR

2.02 Elect Frank A. Bennack Jr.

MGMT

YES

FOR

2.03 Elect John H. Biggs

MGMT

YES

FOR

2.04 Elect Lawrence A. Bossidy

MGMT

YES

FOR

2.05 Elect Ellen V. Futter

MGMT

YES

FOR

2.06 Elect William H. Gray III

MGMT

YES

FOR

2.07 Elect William B. Harrison Jr.

MGMT

YES

FOR

2.08 Elect Helene L. Kaplan

MGMT

YES

FOR

2.09 Elect Lee R. Raymond

MGMT

YES

FOR

2.10 Elect John R. Stafford

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

AGNST

6.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

7.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

8.00 SP-Review Political Spending

SHLDR

YES

AGNST

9.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

10.00 SP-Failure to Disclose Derivatives

SHLDR

YES

AGNST

FOR

11.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

12.00 SP-Restrict Director Compensation

SHLDR

YES

AGNST

FOR

13.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

Page 109 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Jabil Circuit

JBL

466313103

1/13/2004

Annual

Adviser: PIM

1.01 Elect William D. Morean

MGMT

YES

FOR

1.02 Elect Thomas A. Sansone

MGMT

YES

FOR

1.03 Elect Timothy L. Main

MGMT

YES

FOR

1.04 Elect Lawrence J. Murphy

MGMT

YES

FOR

1.05 Elect Mel S. Lavitt

MGMT

YES

FOR

1.06 Elect Steven A. Raymund

MGMT

YES

FOR

1.07 Elect Frank A. Newman

MGMT

YES

FOR

1.08 Elect Laurence S. Grafstein

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Janus Capital Group Inc

JNS

47102X105

5/13/2004

Annual

Adviser: PIM

1.01 Elect G. Andrew Cox

MGMT

YES

FOR

1.02 Elect James P. Craig

MGMT

YES

FOR

1.03 Elect Deborah R. Gatzek

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

JDS Uniphase

JDSU

46612J101

11/6/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 110 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Jefferson-Pilot

475070108

5/3/2004

Annual

Adviser: PIM

1.01 Elect Dennis R. Glass

MGMT

YES

FOR

1.02 Elect George W. Henderson III

MGMT

YES

FOR

1.03 Elect Patrick S. Pittard

MGMT

YES

FOR

2.01 Elect Robert G. Greer

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

Johnson & Johnson

JNJ

478160104

4/22/2004

Annual

Adviser: PIM

1.01 Elect Gerard N. Burrow

MGMT

YES

FOR

1.02 Elect Mary S. Coleman

MGMT

YES

FOR

1.03 Elect James G. Cullen

MGMT

YES

FOR

1.04 Elect Robert J. Darretta

MGMT

YES

FOR

1.05 Elect M. Judah Folkman

MGMT

YES

FOR

1.06 Elect Ann Dibble Jordan

MGMT

YES

FOR

1.07 Elect Arnold G. Langbo

MGMT

YES

FOR

1.08 Elect Susan L. Lindquist

MGMT

YES

FOR

1.09 Elect Leo F. Mullin

MGMT

YES

FOR

1.10 Elect Steven S. Reinemund

MGMT

YES

FOR

1.11 Elect David Satcher

MGMT

YES

FOR

1.12 Elect Henry B. Schacht

MGMT

YES

FOR

1.13 Elect William C. Weldon

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

Page 111 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Johnson Controls

JCI

478366107

1/28/2004

Annual

Adviser: PIM

1.01 Elect Robert L. Barnett

MGMT

YES

FOR

1.02 Elect Willie D. Davis

MGMT

YES

FOR

1.03 Elect Jeffrey A. Joerres

MGMT

YES

FOR

1.04 Elect Richard F. Teerlink

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

4.00 Amend Annual Bonus Plan

MGMT

YES

FOR

5.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

6.00 Add Shares to Stock Award Plan

MGMT

YES

FOR

Jones Apparel Group Inc

JNY

480074103

5/19/2004

Annual

Adviser: PIM

1.01 Elect Peter Boneparth

MGMT

YES

FOR

1.02 Elect Sidney Kimmel

MGMT

YES

FOR

1.03 Elect Geraldine Stutz

MGMT

YES

FOR

1.04 Elect Howard Gittis

MGMT

YES

FOR

1.05 Elect Anthony F. Scarpa

MGMT

YES

FOR

1.06 Elect Matthew H. Kamens

MGMT

YES

FOR

1.07 Elect Michael L. Tarnopol

MGMT

YES

FOR

1.08 Elect J. Robert Kerrey

MGMT

YES

FOR

1.09 Elect Ann N. Reese

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

Page 112 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

KB Home

KBH

48666K109

4/1/2004

Annual

Adviser: PIM

1.01 Elect Ronald W. Burkle

MGMT

YES

FOR

1.02 Elect Ray R. Irani

MGMT

YES

FOR

1.03 Elect Leslie Moonves

MGMT

YES

FOR

1.04 Elect Luis G. Nogales

MGMT

YES

FOR

1.05 Elect Melissa Lora

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Kellogg

487836108

4/23/2004

Annual

Adviser: PIM

1.01 Elect Benjamin S. Carson

MGMT

YES

FOR

1.02 Elect Gordon Gund

MGMT

YES

FOR

1.03 Elect Dorothy A. Johnson

MGMT

YES

FOR

1.04 Elect Ann McLaughlin Korologos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

Kerr-McGee Corp

KMG

492386107

5/11/2004

Annual

Adviser: PIM

1.01 Elect William E. Bradford

MGMT

YES

FOR

1.02 Elect Luke R. Corbett

MGMT

YES

FOR

1.03 Elect David C. Genever-Watling

MGMT

YES

FOR

1.04 Elect Farah M. Walters

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Indep. Director-Shareholder Dialogue

SHLDR

YES

AGNST

FOR

Kerr-McGee Corp

KMG

492386107

6/25/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

Page 113 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

KeyCorp

KEY

493267108

5/13/2004

Annual

Adviser: PIM

1.01 Elect Alexander M. Cutler

MGMT

YES

FOR

1.02 Elect Douglas J. McGregor

MGMT

YES

FOR

1.03 Elect Eduardo R. Menasce

MGMT

YES

FOR

1.04 Elect Henry L. Meyer III

MGMT

YES

FOR

1.05 Elect Peter G. Ten Eyck II

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

KeySpan Corp

KSE

49337W100

5/20/2004

Annual

Adviser: PIM

1.01 Elect Robert B. Catell

MGMT

YES

FOR

1.02 Elect Andrea S. Christensen

MGMT

YES

FOR

1.03 Elect Alan H. Fishman

MGMT

YES

FOR

1.04 Elect J. Atwood Ives

MGMT

YES

FOR

1.05 Elect James R. Jones

MGMT

YES

FOR

1.06 Elect James L. Larocca

MGMT

YES

FOR

1.07 Elect Gloria C. Larson

MGMT

YES

FOR

1.08 Elect Stephen W. McKessy

MGMT

YES

FOR

1.09 Elect Edward D. Miller

MGMT

YES

FOR

1.10 Elect Vikki L. Pryor

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Page 114 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Kimberly-Clark

KMB

494368103

4/29/2004

Annual

Adviser: PIM

1.01 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.02 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.03 Elect Linda Johnson Rice

MGMT

YES

FOR

1.04 Elect Marc J. Shapiro

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

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Kinder Morgan Inc

KMI

49455P101

5/11/2004

Annual

Adviser: PIM

1.01 Elect Charles W. Battey

MGMT

YES

FOR

1.02 Elect H. A. True III

MGMT

YES

FOR

1.03 Elect Fayez S. Sarofim

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 SP-Report on Sustainability

SHLDR

YES

AGNST

5.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

King Pharmaceuticals

495582108

11/4/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

KLA-Tencor

KLAC

482480100

11/5/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 115 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Knight-Ridder

KRI

499040103

5/4/2004

Annual

Adviser: PIM

1.01 Elect Mark A. Ernst

MGMT

YES

FOR

1.02 Elect Kathleen F. Feldstein

MGMT

YES

FOR

1.03 Elect Thomas P. Gerrity

MGMT

YES

FOR

1.04 Elect Gonzalo F. Valdes-Fauli

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Kohl’s

KSS

500255104

4/28/2004

Annual

Adviser: PIM

1.01 Elect Wayne R. Embry

MGMT

YES

FOR

1.02 Elect John F. Herma

MGMT

YES

FOR

1.03 Elect R. Lawrence Montgomery

MGMT

YES

FOR

1.04 Elect Frank V. Sica

MGMT

YES

FOR

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

FOR

AGNST

Kroger Co

501044101

6/24/2004

Annual

Adviser: PIM

1.01 Elect John L. Clendenin

MGMT

YES

FOR

1.02 Elect David B. Dillon

MGMT

YES

FOR

1.03 Elect David B. Lewis

MGMT

YES

FOR

1.04 Elect Don W. McGeorge

MGMT

YES

FOR

1.05 Elect W. Rodney McMullen

MGMT

YES

FOR

1.06 Elect Susan M. Phillips

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

5.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Page 116 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Leggett & Platt

LEG

524660107

5/5/2004

Annual

Adviser: PIM

1.01 Elect Raymond F. Bentele

MGMT

YES

FOR

1.02 Elect Ralph W. Clark

MGMT

YES

FOR

1.03 Elect Harry M. Cornell Jr.

MGMT

YES

FOR

1.04 Elect Robert Ted Enloe III

MGMT

YES

FOR

1.05 Elect Richard T. Fisher

MGMT

YES

FOR

1.06 Elect Karl G. Glassman

MGMT

YES

FOR

1.07 Elect David S. Haffner

MGMT

YES

FOR

1.08 Elect Judy C. Odom

MGMT

YES

FOR

1.09 Elect Maurice E. Purnell Jr.

MGMT

YES

FOR

1.10 Elect Felix E. Wright

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Lehman Brothers Holdings

LEH

524908100

4/2/2004

Annual

Adviser: PIM

1.01 Elect Roger S. Berlind

MGMT

YES

FOR

1.02 Elect Marsha J. Evans

MGMT

YES

FOR

1.03 Elect Christopher Gent

MGMT

YES

FOR

1.04 Elect Dina Merrill

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Lexmark International

LXK

529771107

4/22/2004

Annual

Adviser: PIM

1.01 Elect Frank T. Cary

MGMT

YES

FOR

1.02 Elect Paul J. Curlander

MGMT

YES

FOR

1.03 Elect Martin D. Walker

MGMT

YES

FOR

1.04 Elect James F. Hardymon

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 117 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lilly (Eli)

LLY

532457108

4/19/2004

Annual

Adviser: PIM

1.01 Elect Steven C. Beering

MGMT

YES

FOR

1.02 Elect Winfried F.W. Bischoff

MGMT

YES

FOR

1.03 Elect Franklyn G. Prendergast

MGMT

YES

FOR

1.04 Elect Kathi P. Seifert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

FOR

AGNST

5.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

Limited Brands Inc

LTD

532716107

5/17/2004

Annual

Adviser: PIM

1.01 Elect Eugene M. Freedman

MGMT

YES

FOR

1.02 Elect V. Ann Hailey

MGMT

YES

FOR

1.03 Elect David T. Kollat

MGMT

YES

FOR

1.04 Elect Leslie H. Wexner

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

Lincoln National Corp

LNC

534187109

5/13/2004

Annual

Adviser: PIM

1.01 Elect William J. Avery

MGMT

YES

FOR

1.02 Elect Jon A. Boscia

MGMT

YES

FOR

1.03 Elect Eric G. Johnson

MGMT

YES

FOR

1.04 Elect Glenn F. Tilton

MGMT

YES

FOR

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

Linear Technology

LLTC

535678106

11/5/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 118 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Liz Claiborne Inc

LIZ

539320101

5/20/2004

Annual

Adviser: PIM

1.01 Elect Raul J. Fernandez

MGMT

YES

FOR

1.02 Elect Mary Kay Haben

MGMT

YES

FOR

1.03 Elect Kenneth P. Kopelman

MGMT

YES

FOR

1.04 Elect Arthur C. Martinez

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Lockheed Martin

LMT

539830109

4/22/2004

Annual

Adviser: PIM

1.01 Elect E.C. Aldridge, Jr.

MGMT

YES

FOR

1.02 Elect Nolan D. Archibald

MGMT

YES

FOR

1.03 Elect Norman R. Augustine

MGMT

YES

FOR

1.04 Elect Marcus C. Bennett

MGMT

YES

FOR

1.05 Elect Vance D. Coffman

MGMT

YES

FOR

1.06 Elect Gwendolyn S. King

MGMT

YES

FOR

1.07 Elect Douglas H. McCorkindale

MGMT

YES

FOR

1.08 Elect Eugene F. Murphy

MGMT

YES

FOR

1.09 Elect Joseph W. Ralston

MGMT

YES

FOR

1.10 Elect Frank Savage

MGMT

YES

FOR

1.11 Elect Anne Stevens

MGMT

YES

FOR

1.12 Elect Robert J. Stevens

MGMT

YES

FOR

1.13 Elect James R. Ukropina

MGMT

YES

FOR

1.14 Elect Douglas C. Yearley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Disclose Prior Government Service

SHLDR

YES

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

6.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

Page 119 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Loews Corp

LTR

540424108

5/11/2004

Annual

Adviser: PIM

1.01 Elect Joseph L. Bower

MGMT

YES

FOR

1.02 Elect John Brademas

MGMT

YES

FOR

1.03 Elect Charles M. Diker

MGMT

YES

FOR

1.04 Elect Paul J. Fribourg

MGMT

YES

FOR

1.05 Elect Philip A. Laskawy

MGMT

YES

FOR

1.06 Elect Gloria R. Scott

MGMT

YES

FOR

1.07 Elect Andrew H. Tisch

MGMT

YES

FOR

1.08 Elect James S. Tisch

MGMT

YES

FOR

1.09 Elect Jonathan M. Tisch

MGMT

YES

FOR

1.10 Elect Preston R. Tisch

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-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

5.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

Louisiana-Pacific

LPX

546347105

5/3/2004

Annual

Adviser: PIM

1.01 Elect Dustan E. McCoy

MGMT

YES

FOR

1.02 Elect Lee C. Simpson

MGMT

YES

FOR

1.03 Elect Colin D. Watson

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 Amend Director Stock Award Plan

MGMT

YES

FOR

4.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

5.00 Approve Annual Bonus Plan

MGMT

YES

FOR

6.00 Ratify Selection of Auditors

MGMT

YES

FOR

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

8.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 120 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lowe’s Companies Inc

LOW

548661107

5/28/2004

Annual

Adviser: PIM

1.01 Elect Leonard L. Berry

MGMT

YES

FOR

1.02 Elect Paul Fulton

MGMT

YES

FOR

1.03 Elect Dawn E. Hudson

MGMT

YES

FOR

1.04 Elect Marshall O. Larsen

MGMT

YES

FOR

1.05 Elect Robert A. Niblock

MGMT

YES

FOR

1.06 Elect Stephen F. Page

MGMT

YES

FOR

1.07 Elect O. Temple Sloan Jr.

MGMT

YES

FOR

1.08 Elect Robert L. Tillman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

LSI Logic

LSI

502161102

5/6/2004

Annual

Adviser: PIM

1.01 Elect Wilfred J. Corrigan

MGMT

YES

FOR

1.02 Elect T. Z. Chu

MGMT

YES

FOR

1.03 Elect Malcolm R. Currie

MGMT

YES

FOR

1.04 Elect James H. Keyes

MGMT

YES

FOR

1.05 Elect R. Douglas Norby

MGMT

YES

FOR

1.06 Elect Matthew J. O’Rourke

MGMT

YES

FOR

1.07 Elect Gregorio Reyes

MGMT

YES

FOR

1.08 Elect Larry W. Sonsini

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

4.00 Amend Annual Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 121 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lucent Technologies

549463107

2/18/2004

Annual

Adviser: PIM

1.01 Elect Karl J. Krapek

MGMT

YES

FOR

1.02 Elect Patricia F. Russo

MGMT

YES

FOR

1.03 Elect Henry B. Schacht

MGMT

YES

FOR

1.04 Elect Franklin A. Thomas

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Reverse Stock Split

MGMT

YES

FOR

5.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Manor Care

HCR

564055101

5/5/2004

Annual

Adviser: PIM

1.01 Elect Virgis W. Colbert

MGMT

YES

FOR

1.02 Elect William H. Longfield

MGMT

YES

FOR

1.03 Elect Paul A. Ormond

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Marathon Oil

MRO

565849106

4/28/2004

Annual

Adviser: PIM

1.01 Elect Charles F. Bolden Jr.

MGMT

YES

FOR

1.02 Elect Charles R. Lee

MGMT

YES

FOR

1.03 Elect Dennis H. Reilley

MGMT

YES

FOR

1.04 Elect Thomas J. Usher

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

Page 122 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Marriott International

MAR

571903202

4/30/2004

Annual

Adviser: PIM

1.01 Elect Lawrence W. Kellner

MGMT

YES

FOR

1.02 Elect John W. Marriott III

MGMT

YES

FOR

1.03 Elect Harry J. Pearce

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

Marsh & McLennan Cos

MMC

571748102

5/20/2004

Annual

Adviser: PIM

1.01 Elect Lewis W. Bernard

MGMT

YES

FOR

1.02 Elect Mathis Cabiallavetta

MGMT

YES

FOR

1.03 Elect Zachary W. Carter

MGMT

YES

FOR

1.04 Elect Robert F. Erburu

MGMT

YES

FOR

1.05 Elect Oscar Fanjul

MGMT

YES

FOR

1.06 Elect Ray J. Groves

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Marshall & Ilsley

571834100

4/27/2004

Annual

Adviser: PIM

1.01 Elect Jon F. Chait

MGMT

YES

FOR

1.02 Elect Bruce E. Jacobs

MGMT

YES

FOR

1.03 Elect Dennis J. Kuester

MGMT

YES

FOR

1.04 Elect Edward L. Meyer Jr.

MGMT

YES

FOR

1.05 Elect San W. Orr Jr.

MGMT

YES

FOR

1.06 Elect Debra S. Waller

MGMT

YES

FOR

1.07 Elect George E. Wardeberg

MGMT

YES

FOR

Page 123 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Masco Corp

MAS

574599106

5/11/2004

Annual

Adviser: PIM

1.01 Elect Peter A. Dow

MGMT

YES

FOR

1.02 Elect Anthony F. Earley Jr.

MGMT

YES

FOR

1.03 Elect Wayne B. Lyon

MGMT

YES

FOR

1.04 Elect David L. Johnston

MGMT

YES

FOR

1.05 Elect J. Michael Losh

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Mattel Inc

MAT

577081102

5/13/2004

Annual

Adviser: PIM

1.01 Elect Eugene P. Beard

MGMT

YES

FOR

1.02 Elect Michael J. Dolan

MGMT

YES

FOR

1.03 Elect Robert A. Eckert

MGMT

YES

FOR

1.04 Elect Tully M. Friedman

MGMT

YES

FOR

1.05 Elect Ronald M. Loeb

MGMT

YES

FOR

1.06 Elect Andrea L. Rich

MGMT

YES

FOR

1.07 Elect Ronald L. Sargent

MGMT

YES

FOR

1.08 Elect Christopher A. Sinclair

MGMT

YES

FOR

1.09 Elect G. Craig Sullivan

MGMT

YES

FOR

1.10 Elect John L. Vogelstein

MGMT

YES

FOR

1.11 Elect Kathy Brittain White

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

Maxim Integrated Products

MXIM

57772K101

11/13/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

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 Ratify Selection of Auditors

MGMT

YES

FOR

Page 124 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

May Department Stores Co

MAY

577778103

5/21/2004

Annual

Adviser: PIM

1.01 Elect Eugene S. Kahn

MGMT

YES

FOR

1.02 Elect Helene L. Kaplan

MGMT

YES

FOR

1.03 Elect James M. Kilts

MGMT

YES

FOR

1.04 Elect Russell E. Palmer

MGMT

YES

FOR

1.05 Elect William P. Stiritz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Maytag Corp

MYG

578592107

5/13/2004

Annual

Adviser: PIM

1.01 Elect Wayland R. Hicks

MGMT

YES

FOR

1.02 Elect James A. McCaslin

MGMT

YES

FOR

1.03 Elect W. Ann Reynolds

MGMT

YES

FOR

1.04 Elect Fred G. Steingraber

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

6.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Page 125 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

MBIA

MBI

55262C100

5/6/2004

Annual

Adviser: PIM

1.01 Elect Joseph W. Brown

MGMT

YES

FOR

1.02 Elect C. Edward Chaplin

MGMT

YES

FOR

1.03 Elect David C. Clapp

MGMT

YES

FOR

1.04 Elect Gary C. Dunton

MGMT

YES

FOR

1.05 Elect Claire L. Gaudiani

MGMT

YES

FOR

1.06 Elect Freda S. Johnson

MGMT

YES

FOR

1.07 Elect Daniel P. Kearney

MGMT

YES

FOR

1.08 Elect James A. Lebenthal

MGMT

YES

FOR

1.09 Elect Debra J. Perry

MGMT

YES

FOR

1.10 Elect John A. Rolls

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

MBNA

KRB

55262L100

5/3/2004

Annual

Adviser: PIM

1.01 Elect James H. Berick

MGMT

YES

FOR

1.02 Elect Benjamin R. Civiletti

MGMT

YES

FOR

1.03 Elect Bruce L. Hammonds

MGMT

YES

FOR

1.04 Elect William L. Jews

MGMT

YES

FOR

1.05 Elect Randolph D. Lerner

MGMT

YES

FOR

1.06 Elect Stuart L. Markowitz

MGMT

YES

FOR

1.07 Elect William B. Milstead

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

Page 126 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

McDonald’s Corp

MCD

580135101

5/20/2004

Annual

Adviser: PIM

1.01 Elect Edward A. Brennan

MGMT

YES

FOR

1.02 Elect Walter E. Massey

MGMT

YES

FOR

1.03 Elect John W. Rogers Jr.

MGMT

YES

FOR

1.04 Elect Anne-Marie Slaughter

MGMT

YES

FOR

1.05 Elect Roger W. Stone

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

McGraw-Hill

MHP

580645109

4/28/2004

Annual

Adviser: PIM

1.01 Elect Pedro Aspe

MGMT

YES

FOR

1.02 Elect Robert P. McGraw

MGMT

YES

FOR

1.03 Elect Hilda Ochoa-Brillembourg

MGMT

YES

FOR

1.04 Elect Edward B. Rust Jr.

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

McKesson

MCK

58155Q103

7/30/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Golden Parachutes

MGMT

YES

FOR

AGNST

Page 127 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

MeadWestvaco

MWV

583334107

4/27/2004

Annual

Adviser: PIM

1.01 Elect William E. Hoglund

MGMT

YES

FOR

1.02 Elect Douglas S. Luke

MGMT

YES

FOR

1.03 Elect Robert C. McCormack

MGMT

YES

FOR

1.04 Elect Jane L. Warner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Medco Health Solutions

MHS

58405U102

4/21/2004

Annual

Adviser: PIM

1.01 Elect David B. Snow, Jr.

MGMT

YES

FOR

1.02 Elect Howard W. Barker Jr.

MGMT

YES

FOR

1.03 Elect Brian L. Strom

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

MedImmune Inc

MEDI

584699102

5/20/2004

Annual

Adviser: PIM

1.01 Elect Wayne T. Hockmeyer

MGMT

YES

FOR

1.02 Elect David M. Mott

MGMT

YES

FOR

1.03 Elect David Baltimore

MGMT

YES

FOR

1.04 Elect M. James Barrett

MGMT

YES

FOR

1.05 Elect Melvin D. Booth

MGMT

YES

FOR

1.06 Elect James H. Cavanaugh

MGMT

YES

FOR

1.07 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.08 Elect Gordon S. Macklin

MGMT

YES

FOR

1.09 Elect Elizabeth Wyatt

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 128 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Medtronic

MDT

585055106

8/28/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Mellon Financial

MEL

58551A108

4/20/2004

Annual

Adviser: PIM

1.01 Elect Jared L. Cohon

MGMT

YES

FOR

1.02 Elect Ira J. Gumberg

MGMT

YES

FOR

1.03 Elect Martin G. McGuinn

MGMT

YES

FOR

1.04 Elect David S. Shapira

MGMT

YES

FOR

1.05 Elect John P. Surma

MGMT

YES

FOR

1.06 Elect Edward J. McAniff

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Merck

MRK

589331107

4/27/2004

Annual

Adviser: PIM

1.01 Elect Peter C. Wendell

MGMT

YES

FOR

1.02 Elect William G. Bowen

MGMT

YES

FOR

1.03 Elect William M. Daley

MGMT

YES

FOR

1.04 Elect Thomas E. Shenk

MGMT

YES

FOR

1.05 Elect Wendell P. Weeks

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Develop Ethical Criteria for Patent Extension

SHLDR

YES

AGNST

6.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

7.00 SP-Review Political Spending

SHLDR

YES

AGNST

8.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

Page 129 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Mercury Interactive

MERQ

589405109

12/10/2003

Special

Adviser: PIM

1.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

Mercury Interactive Corp

MERQ

589405109

5/19/2004

Annual

Adviser: PIM

1.01 Elect Amnon Landan

MGMT

YES

FOR

1.02 Elect Igal Kohavi

MGMT

YES

FOR

1.03 Elect Clyde W. Ostler

MGMT

YES

FOR

1.04 Elect Yair Shamir

MGMT

YES

FOR

1.05 Elect Giora Yaron

MGMT

YES

FOR

1.06 Elect Anthony Zingale

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Meredith

MDP

589433101

11/10/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Indemnification Provision

MGMT

YES

FOR

2.00 Amend Director Liability Provision

MGMT

YES

FOR

Merrill Lynch

MER

590188108

4/23/2004

Annual

Adviser: PIM

1.01 Elect David K. Newbigging

MGMT

YES

FOR

1.02 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

FOR

AGNST

Page 130 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Metlife

MET

59156R108

4/27/2004

Annual

Adviser: PIM

1.01 Elect Curtis H. Barnette

MGMT

YES

FOR

1.02 Elect John C. Danforth

MGMT

YES

FOR

1.03 Elect Burton A. Dole Jr.

MGMT

YES

FOR

1.04 Elect Harry P. Kamen

MGMT

YES

FOR

1.05 Elect Charles M. Leighton

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Cap Executive Pay

SHLDR

YES

AGNST

FOR

MGIC Investment Corp

MTG

552848103

5/13/2004

Annual

Adviser: PIM

1.01 Elect James A. Abbott

MGMT

YES

FOR

1.02 Elect Thomas M. Hagerty

MGMT

YES

FOR

1.03 Elect Michael E. Lehman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Micron Technology

595112103

11/21/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

2.00 Amend Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Microsoft

MSFT

594918104

11/11/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

Page 131 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Millipore

MIL

601073109

4/28/2004

Annual

Adviser: PIM

1.01 Elect Daniel Bellus

MGMT

YES

FOR

1.02 Elect Robert C. Bishop

MGMT

YES

FOR

1.03 Elect Edward M. Scolnick

MGMT

YES

FOR

Molex

MOLX

608554101

10/24/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

Monsanto

MON

61166W101

1/29/2004

Annual

Adviser: PIM

1.01 Elect Frank V. Atlee III

MGMT

YES

FOR

1.02 Elect Gwendolyn S. King

MGMT

YES

FOR

1.03 Elect Sharon R. Long

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Report On Gene-engineered Plants

SHLDR

YES

AGNST

5.00 Report On Pesticides Banned In U.s.

SHLDR

YES

AGNST

6.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Monster Worldwide Inc

MNST

611742107

6/16/2004

Annual

Adviser: PIM

1.01 Elect Andrew J. McKelvey

MGMT

YES

FOR

1.02 Elect George R. Eisele

MGMT

YES

FOR

1.03 Elect John Gaulding

MGMT

YES

FOR

1.04 Elect Ronald J. Kramer

MGMT

YES

FOR

1.05 Elect Michael Kaufman

MGMT

YES

FOR

1.06 Elect John Swann

MGMT

YES

FOR

1.07 Elect David A. Stein

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

Page 132 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Moody’s

MCO

615369105

4/27/2004

Annual

Adviser: PIM

1.01 Elect Basil L. Anderson

MGMT

YES

FOR

1.02 Elect Raymond W. McDaniel Jr.

MGMT

YES

FOR

1.03 Elect John Rutherfurd Jr.

MGMT

YES

FOR

1.04 Elect John K. Wulff

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Morgan Stanley

MWD

617446448

4/20/2004

Annual

Adviser: PIM

1.01 Elect John W. Madigan

MGMT

YES

FOR

1.02 Elect Klaus Zumwinkel

MGMT

YES

FOR

1.03 Elect Howard Davies

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

Page 133 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Motorola

MOT

620076109

5/3/2004

Annual

Adviser: PIM

1.01 Elect Edward J. Zander

MGMT

YES

FOR

1.02 Elect H. Laurance Fuller

MGMT

YES

FOR

1.03 Elect Judy C. Lewent

MGMT

YES

FOR

1.04 Elect Walter E. Massey

MGMT

YES

FOR

1.05 Elect Nicholas Negroponte

MGMT

YES

FOR

1.06 Elect Indra K. Nooyi

MGMT

YES

FOR

1.07 Elect John E. Pepper Jr.

MGMT

YES

FOR

1.08 Elect Samuel C. Scott III

MGMT

YES

FOR

1.09 Elect Douglas A. Warner III

MGMT

YES

FOR

1.10 Elect John A. White

MGMT

YES

FOR

1.11 Elect Mike S. Zafirovski

MGMT

YES

FOR

2.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Nabors Industries Ltd

NBR

G6359F103

6/1/2004

Annual

Adviser: PIM

1.01 Elect James L. Payne

MGMT

YES

FOR

1.02 Elect Hans W. Schmidt

MGMT

YES

FOR

2.00 Authorize Committee to Set Auditors’ Fees

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Reincorporation

SHLDR

YES

AGNST

FOR

Page 134 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

National City

NCC

635405103

4/27/2004

Annual

Adviser: PIM

1.01 Elect Jon E. Barfield

MGMT

YES

FOR

1.02 Elect James S. Broadhurst

MGMT

YES

FOR

1.03 Elect John W. Brown

MGMT

YES

FOR

1.04 Elect Christopher M. Connor

MGMT

YES

FOR

1.05 Elect David A. Daberko

MGMT

YES

FOR

1.06 Elect Joseph T. Gorman

MGMT

YES

FOR

1.07 Elect Bernadine P. Healy

MGMT

YES

FOR

1.08 Elect Paul A. Ormond

MGMT

YES

FOR

1.09 Elect Robert A. Paul

MGMT

YES

FOR

1.10 Elect Gerald L. Shaheen

MGMT

YES

FOR

1.11 Elect Jerry Sue Thornton

MGMT

YES

FOR

1.12 Elect Morry Weiss

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

AGNST

National Semiconductor

NSM

637640103

9/26/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

Navistar International

NAV

63934E108

2/17/2004

Annual

Adviser: PIM

1.01 Elect Michael N. Hammes

MGMT

YES

FOR

1.02 Elect James H. Keyes

MGMT

YES

FOR

1.03 Elect Southwood J. Morcott

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 135 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

NCR

62886E108

4/28/2004

Annual

Adviser: PIM

1.01 Elect Edward P. Boykin

MGMT

YES

FOR

1.02 Elect Linda F. Levinson

MGMT

YES

FOR

1.03 Elect Victor L. Lund

MGMT

YES

FOR

1.04 Elect James M. Ringler

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Network Appliance

NTAP

64120L104

9/2/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

New York Times

NYT

650111107

4/13/2004

Annual

Adviser: PIM

1.01 Elect Raul E. Cesan

MGMT

YES

FOR

1.02 Elect William E. Kennard

MGMT

YES

FOR

1.03 Elect Thomas Middelhoff

MGMT

YES

FOR

1.04 Elect Henry B. Schacht

MGMT

YES

FOR

1.05 Elect Donald M. Stewart

MGMT

YES

FOR

2.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Newell Rubbermaid Inc

NWL

651229106

5/12/2004

Annual

Adviser: PIM

1.01 Elect Scott S. Cowen

MGMT

YES

FOR

1.02 Elect Cynthia A. Montgomery

MGMT

YES

FOR

1.03 Elect Allan P. Newell

MGMT

YES

FOR

1.04 Elect Gordon R. Sullivan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 136 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Newmont Mining

NEM

651639106

4/28/2004

Annual

Adviser: PIM

1.01 Elect Glen A. Barton

MGMT

YES

FOR

1.02 Elect Vincent A. Calarco

MGMT

YES

FOR

1.03 Elect Michael S. Hamson

MGMT

YES

FOR

1.04 Elect Leo I. Higdon, Jr.

MGMT

YES

FOR

1.05 Elect Pierre Lassonde

MGMT

YES

FOR

1.06 Elect Robert J. Miller

MGMT

YES

FOR

1.07 Elect Wayne W. Murdy

MGMT

YES

FOR

1.08 Elect Robin A. Plumbridge

MGMT

YES

FOR

1.09 Elect John B. Prescott

MGMT

YES

FOR

1.10 Elect Michael K. Reilly

MGMT

YES

FOR

1.11 Elect Seymour Schulich

MGMT

YES

FOR

1.12 Elect James V. Taranik

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Nextel Communications

NXTL

65332V103

5/27/2004

Annual

Adviser: PIM

1.01 Elect Keith Bane

MGMT

YES

FOR

1.02 Elect Janet Hill

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

Page 137 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Nicor

GAS

654086107

4/15/2004

Annual

Adviser: PIM

1.01 Elect Robert M. Beavers Jr.

MGMT

YES

FOR

1.02 Elect Bruce P. Bickner

MGMT

YES

FOR

1.03 Elect John H. Birdsall III

MGMT

YES

FOR

1.04 Elect Thomas A. Donahoe

MGMT

YES

FOR

1.05 Elect Thomas L. Fisher

MGMT

YES

FOR

1.06 Elect John E. Jones

MGMT

YES

FOR

1.07 Elect Dennis J. Keller

MGMT

YES

FOR

1.08 Elect William A. Osborn

MGMT

YES

FOR

1.09 Elect John Rau

MGMT

YES

FOR

1.10 Elect John F. Riordan

MGMT

YES

FOR

1.11 Elect Russ M. Strobel

MGMT

YES

FOR

1.12 Elect Patricia A. Wier

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Nike -Cl B

NKE

654106103

9/22/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

NiSource Inc

65473P105

5/11/2004

Annual

Adviser: PIM

1.01 Elect Steven C. Beering

MGMT

YES

FOR

1.02 Elect Dennis E. Foster

MGMT

YES

FOR

1.03 Elect Richard L. Thompson

MGMT

YES

FOR

1.04 Elect Carolyn Y. Woo

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 138 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Noble

G65422100

4/22/2004

Annual

Adviser: PIM

1.01 Elect Michael A. Cawley

MGMT

YES

FOR

1.02 Elect Luke R. Corbett

MGMT

YES

FOR

1.03 Elect Jack E. Little

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Nordstrom Inc

JWN

655664100

5/25/2004

Annual

Adviser: PIM

1.01 Elect D. Wayne Gittinger

MGMT

YES

FOR

1.02 Elect Enrique Hernandez Jr.

MGMT

YES

FOR

1.03 Elect Jeanne P. Jackson

MGMT

YES

FOR

1.04 Elect Bruce A. Nordstrom

MGMT

YES

FOR

1.05 Elect John N. Nordstrom

MGMT

YES

FOR

1.06 Elect Alfred E. Osborne Jr.

MGMT

YES

FOR

1.07 Elect William D. Ruckelshaus

MGMT

YES

FOR

1.08 Elect Alison A. Winter

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Norfolk Southern Corp

NSC

655844108

5/13/2004

Annual

Adviser: PIM

1.01 Elect Alston D. Correll Jr.

MGMT

YES

FOR

1.02 Elect Landon Hilliard

MGMT

YES

FOR

1.03 Elect Burton M. Joyce

MGMT

YES

FOR

1.04 Elect Jane Margaret O’Brien

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 139 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

North Fork Bancorporation

NFB

659424105

4/27/2004

Annual

Adviser: PIM

1.01 Elect James F. Reeve

MGMT

YES

FOR

1.02 Elect George H. Rowsom

MGMT

YES

FOR

1.03 Elect Kurt R. Schmeller

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Northern Trust

NTRS

665859104

4/20/2004

Annual

Adviser: PIM

1.01 Elect Duane L. Burnham

MGMT

YES

FOR

1.02 Elect Dolores E. Cross

MGMT

YES

FOR

1.03 Elect Susan Crown

MGMT

YES

FOR

1.04 Elect Robert S. Hamada

MGMT

YES

FOR

1.05 Elect Robert A. Helman

MGMT

YES

FOR

1.06 Elect Dipak C. Jain

MGMT

YES

FOR

1.07 Elect Arthur L. Kelly

MGMT

YES

FOR

1.08 Elect Robert C. McCormack

MGMT

YES

FOR

1.09 Elect Edward J. Mooney

MGMT

YES

FOR

1.10 Elect William A. Osborn

MGMT

YES

FOR

1.11 Elect John W. Rowe

MGMT

YES

FOR

1.12 Elect Harold B. Smith

MGMT

YES

FOR

1.13 Elect William D. Smithburg

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Northrop Grumman Corp

NOC

666807102

5/18/2004

Annual

Adviser: PIM

1.01 Elect Lewis W. Coleman

MGMT

YES

FOR

1.02 Elect J. Michael Cook

MGMT

YES

FOR

1.03 Elect Phillip A. Odeen

MGMT

YES

FOR

1.04 Elect Aulana L. Peters

MGMT

YES

FOR

1.05 Elect Kevin W. Sharer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Page 140 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Novell

NOVL

670006105

4/15/2004

Annual

Adviser: PIM

1.01 Elect Albert Aiello

MGMT

YES

FOR

1.02 Elect Fred Corrado

MGMT

YES

FOR

1.03 Elect Richard L. Crandall

MGMT

YES

FOR

1.04 Elect Wayne Mackie

MGMT

YES

FOR

1.05 Elect Claudine B. Malone

MGMT

YES

FOR

1.06 Elect Jack L. Messman

MGMT

YES

FOR

1.07 Elect Richard L. Nolan

MGMT

YES

FOR

1.08 Elect Thomas G. Plaskett

MGMT

YES

FOR

1.09 Elect John W. Poduska Sr.

MGMT

YES

FOR

1.10 Elect James D. Robinson III

MGMT

YES

FOR

1.11 Elect Kathy Brittain White

MGMT

YES

FOR

2.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

3.00 SP-Award Performance-based Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

Novellus Systems

NVLS

670008101

4/16/2004

Annual

Adviser: PIM

1.01 Elect Richard S. Hill

MGMT

YES

FOR

1.02 Elect Neil R. Bonke

MGMT

YES

FOR

1.03 Elect Youssef A. El-Mansey

MGMT

YES

FOR

1.04 Elect J. David Litster

MGMT

YES

FOR

1.05 Elect Yoshio Nishi

MGMT

YES

FOR

1.06 Elect Glen Possley

MGMT

YES

FOR

1.07 Elect Ann D. Rhoads

MGMT

YES

FOR

1.08 Elect William R. Spivey

MGMT

YES

FOR

1.09 Elect Delbert A. Whitaker

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Limit Consulting By Auditors

SHLDR

YES

FOR

AGNST

4.00 Implement Executive Compensation Plan

SHLDR

YES

FOR

AGNST

Page 141 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Nucor Corp

NUE

670346105

5/13/2004

Annual

Adviser: PIM

1.01 Elect Daniel R. DiMicco

MGMT

YES

FOR

1.02 Elect James D. Hlavacek

MGMT

YES

FOR

1.03 Elect Raymond J. Milchovich

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

NVidia

NVDA

67066G104

7/10/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Occidental Petroleum

OXY

674599105

4/30/2004

Annual

Adviser: PIM

1.01 Elect Ronald W. Burkle

MGMT

YES

FOR

1.02 Elect John S. Chalsty

MGMT

YES

FOR

1.03 Elect Edward P. Djerejian

MGMT

YES

FOR

1.04 Elect R. Chad Dreier

MGMT

YES

FOR

1.05 Elect John E. Feick

MGMT

YES

FOR

1.06 Elect Ray R. Irani

MGMT

YES

FOR

1.07 Elect Dale R. Laurance

MGMT

YES

FOR

1.08 Elect Irvin W. Maloney

MGMT

YES

FOR

1.09 Elect Rodolfo Segovia

MGMT

YES

FOR

1.10 Elect Aziz D. Syriani

MGMT

YES

FOR

1.11 Elect Rosemary Tomich

MGMT

YES

FOR

1.12 Elect Walter L. Weisman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 142 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Office Depot Inc

ODP

676220106

5/14/2004

Annual

Adviser: PIM

1.01 Elect Lee A. Ault III

MGMT

YES

FOR

1.02 Elect Neil R. Austrian

MGMT

YES

FOR

1.03 Elect David W. Bernauer

MGMT

YES

FOR

1.04 Elect Abelardo E. Bru

MGMT

YES

FOR

1.05 Elect David I. Fuente

MGMT

YES

FOR

1.06 Elect Brenda J. Gaines

MGMT

YES

FOR

1.07 Elect Myra M. Hart

MGMT

YES

FOR

1.08 Elect W. Scott Hedrick

MGMT

YES

FOR

1.09 Elect James L. Heskett

MGMT

YES

FOR

1.10 Elect Patricia H. McKay

MGMT

YES

FOR

1.11 Elect Michael J. Myers

MGMT

YES

FOR

1.12 Elect M. Bruce Nelson

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Omnicom Group

OMC

681919106

5/25/2004

Annual

Adviser: PIM

1.01 Elect John D. Wren

MGMT

YES

FOR

1.02 Elect Bruce Crawford

MGMT

YES

FOR

1.03 Elect Robert Charles Clark

MGMT

YES

FOR

1.04 Elect Leonard S. Coleman Jr.

MGMT

YES

FOR

1.05 Elect Errol M. Cook

MGMT

YES

FOR

1.06 Elect Susan S. Denison

MGMT

YES

FOR

1.07 Elect Michael A. Henning

MGMT

YES

FOR

1.08 Elect John R. Murphy

MGMT

YES

FOR

1.09 Elect John R. Purcell

MGMT

YES

FOR

1.10 Elect Linda Johnson Rice

MGMT

YES

FOR

1.11 Elect Gary L. Roubos

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

Page 143 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Oracle

ORCL

68389X105

10/13/2003

Annual

Adviser: PIM

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

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

5.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

Paccar

PCAR

693718108

4/27/2004

Annual

Adviser: PIM

1.01 Elect David K. Newbigging

MGMT

YES

FOR

1.02 Elect Harry C. Stonecipher

MGMT

YES

FOR

1.03 Elect Harold A. Wagner

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Add Shares to Director Stock Award Plan

MGMT

YES

FOR

3.00 Amend Director Stock Award Plan

MGMT

YES

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Pactiv Corp

PTV

695257105

5/14/2004

Annual

Adviser: PIM

1.01 Elect Larry D. Brady

MGMT

YES

FOR

1.02 Elect K. Dane Brooksher

MGMT

YES

FOR

1.03 Elect Robert J. Darnall

MGMT

YES

FOR

1.04 Elect Mary R. (Nina) Henderson

MGMT

YES

FOR

1.05 Elect Roger B. Porter

MGMT

YES

FOR

1.06 Elect Richard L. Wambold

MGMT

YES

FOR

1.07 Elect Norman H. Wesley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 144 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Pall

PLL

696429307

11/19/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Add Shares to Stock Award Plan

MGMT

YES

FOR

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

Parametric Technology

PMTC

699173100

3/3/2004

Annual

Adviser: PIM

1.01 Elect Michael E. Porter

MGMT

YES

FOR

1.02 Elect Noel G. Posternak

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Parker-Hannifin

701094104

10/22/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Paychex

PAYX

704326107

10/2/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

Penney (J C) Co

JCP

708160106

5/14/2004

Annual

Adviser: PIM

1.01 Elect Colleen C. Barrett

MGMT

YES

FOR

1.02 Elect M. Anthony Burns

MGMT

YES

FOR

1.03 Elect Maxine K. Clark

MGMT

YES

FOR

1.04 Elect Allen Questrom

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 145 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Peoples Energy

PGL

711030106

2/27/2004

Annual

Adviser: PIM

1.01 Elect James R. Boris

MGMT

YES

FOR

1.02 Elect William J. Brodsky

MGMT

YES

FOR

1.03 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.04 Elect John W. Higgins

MGMT

YES

FOR

1.05 Elect Dipak C. Jain

MGMT

YES

FOR

1.06 Elect Michael E. Lavin

MGMT

YES

FOR

1.07 Elect Homer J. Livingston Jr.

MGMT

YES

FOR

1.08 Elect Thomas M. Patrick

MGMT

YES

FOR

1.09 Elect Richard P. Toft

MGMT

YES

FOR

1.10 Elect Arthur R. Velasquez

MGMT

YES

FOR

2.00 Adopt Stock Award Plan

MGMT

YES

FOR

PeopleSoft

PSFT

712713106

3/25/2004

Annual

Adviser: PIM

1.01 Elect A. George Battle

MGMT

YES

FOR

1.02 Elect Craig A. Conway

MGMT

YES

FOR

1.03 Elect Frank J. Fanzilli Jr.

MGMT

YES

FOR

1.04 Elect Cyril J. Yansouni

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 146 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Pepsi Bottling Group Inc

PBG

713409100

5/26/2004

Annual

Adviser: PIM

1.01 Elect Linda G. Alvarado

MGMT

YES

FOR

1.02 Elect Barry H. Beracha

MGMT

YES

FOR

1.03 Elect John T. Cahill

MGMT

YES

FOR

1.04 Elect Ira D. Hall

MGMT

YES

FOR

1.05 Elect Thomas H. Kean

MGMT

YES

FOR

1.06 Elect Susan D. Kronick

MGMT

YES

FOR

1.07 Elect Blythe J. McGarvie

MGMT

YES

FOR

1.08 Elect Margaret D. Moore

MGMT

YES

FOR

1.09 Elect Rogelio Rebolledo

MGMT

YES

FOR

1.10 Elect Clay G. Small

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

PepsiCo

PEP

713448108

5/5/2004

Annual

Adviser: PIM

1.01 Elect John F. Akers

MGMT

YES

FOR

1.02 Elect Robert E. Allen

MGMT

YES

FOR

1.03 Elect Ray L. Hunt

MGMT

YES

FOR

1.04 Elect Arthur C. Martinez

MGMT

YES

FOR

1.05 Elect Indra K. Nooyi

MGMT

YES

FOR

1.06 Elect Franklin D. Raines

MGMT

YES

FOR

1.07 Elect Steven S. Reinemund

MGMT

YES

FOR

1.08 Elect Sharon Percy Rockefeller

MGMT

YES

FOR

1.09 Elect James J. Schiro

MGMT

YES

FOR

1.10 Elect Franklin A. Thomas

MGMT

YES

FOR

1.11 Elect Cynthia M. Trudell

MGMT

YES

FOR

1.12 Elect Solomon D. Trujillo

MGMT

YES

FOR

1.13 Elect Daniel Vasella

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

Page 147 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

PerkinElmer

PKI

714046109

4/27/2004

Annual

Adviser: PIM

1.01 Elect Tamara J. Erickson

MGMT

YES

FOR

1.02 Elect Nicholas A. Lopardo

MGMT

YES

FOR

1.03 Elect Alexis P. Michas

MGMT

YES

FOR

1.04 Elect James C. Mullen

MGMT

YES

FOR

1.05 Elect Vicki L. Sato

MGMT

YES

FOR

1.06 Elect Gabriel Schmergel

MGMT

YES

FOR

1.07 Elect Kenton J. Sicchitano

MGMT

YES

FOR

1.08 Elect Gregory L. Summe

MGMT

YES

FOR

1.09 Elect G. Robert Tod

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 148 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Pfizer

PFE

717081103

4/22/2004

Annual

Adviser: PIM

1.01 Elect Michael S. Brown

MGMT

YES

FOR

1.02 Elect M. Anthony Burns

MGMT

YES

FOR

1.03 Elect Robert N. Burt

MGMT

YES

FOR

1.04 Elect W. Don Cornwell

MGMT

YES

FOR

1.05 Elect William H. Gray III

MGMT

YES

FOR

1.06 Elect Constance J. Horner

MGMT

YES

FOR

1.07 Elect William R. Howell

MGMT

YES

FOR

1.08 Elect Stanley O. Ikenberry

MGMT

YES

FOR

1.09 Elect George A. Lorch

MGMT

YES

FOR

1.10 Elect Henry A. McKinnell Jr.

MGMT

YES

FOR

1.11 Elect Dana G. Mead

MGMT

YES

FOR

1.12 Elect Franklin D. Raines

MGMT

YES

FOR

1.13 Elect Ruth J. Simmons

MGMT

YES

FOR

1.14 Elect William C. Steere Jr.

MGMT

YES

FOR

1.15 Elect Jean-Paul Valles

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

5.00 SP-Limit or End Political Spending

SHLDR

YES

AGNST

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

7.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

8.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

9.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

10.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

Page 149 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

PG&E

PCG

69331C108

4/21/2004

Annual

Adviser: PIM

1.01 Elect David R. Andrews

MGMT

YES

FOR

1.02 Elect Leslie S. Biller

MGMT

YES

FOR

1.03 Elect David A. Coulter

MGMT

YES

FOR

1.04 Elect C. Lee Cox

MGMT

YES

FOR

1.05 Elect Robert D. Glynn Jr.

MGMT

YES

FOR

1.06 Elect David M. Lawrence

MGMT

YES

FOR

1.07 Elect Mary S. Metz

MGMT

YES

FOR

1.08 Elect Barry L. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

5.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

6.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

8.00 SP-Restrict Executive Compensation

SHLDR

YES

FOR

AGNST

Phelps Dodge Corp

717265102

5/28/2004

Annual

Adviser: PIM

1.01 Elect Marie L. Knowles

MGMT

YES

FOR

1.02 Elect Jon C. Madonna

MGMT

YES

FOR

1.03 Elect Gordon R. Parker

MGMT

YES

FOR

1.04 Elect Robert D. Johnson

MGMT

YES

FOR

2.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

Pinnacle West Capital

PNW

723484101

5/19/2004

Annual

Adviser: PIM

1.01 Elect Roy A. Herberger, Jr.

MGMT

YES

FOR

1.02 Elect Humberto S. Lopez

MGMT

YES

FOR

1.03 Elect Kathryn L. Munro

MGMT

YES

FOR

1.04 Elect William L. Stewart

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

Page 150 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Pitney Bowes

PBI

724479100

5/10/2004

Annual

Adviser: PIM

1.01 Elect Linda G. Alvarado

MGMT

YES

FOR

1.02 Elect Ernest Green

MGMT

YES

FOR

1.03 Elect John S. McFarlane

MGMT

YES

FOR

1.04 Elect Eduardo R. Menasce

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Political Spending

SHLDR

YES

AGNST

Plum Creek Timber

PCL

729251108

5/4/2004

Annual

Adviser: PIM

1.01 Elect Rick R. Holley

MGMT

YES

FOR

1.02 Elect Ian B. Davidson

MGMT

YES

FOR

1.03 Elect Robin Josephs

MGMT

YES

FOR

1.04 Elect David D. Leland

MGMT

YES

FOR

1.05 Elect John G. McDonald

MGMT

YES

FOR

1.06 Elect Hamid R. Moghadam

MGMT

YES

FOR

1.07 Elect John H. Scully

MGMT

YES

FOR

1.08 Elect Stephen C. Tobias

MGMT

YES

FOR

1.09 Elect Carl B. Webb

MGMT

YES

FOR

2.01 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.02 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Endorse Ceres Principles

SHLDR

YES

AGNST

Page 151 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

PMC-Sierra Inc

PMCS

69344F106

5/14/2004

Annual

Adviser: PIM

1.01 Elect Robert L. Bailey

MGMT

YES

FOR

1.02 Elect Alexandre A. Balkanski

MGMT

YES

FOR

1.03 Elect Richard E. Belluzzo

MGMT

YES

FOR

1.04 Elect James V. Diller

MGMT

YES

FOR

1.05 Elect Jonathan Judge

MGMT

YES

FOR

1.06 Elect William Kurtz

MGMT

YES

FOR

1.07 Elect Frank J. Marshall

MGMT

YES

FOR

1.08 Elect Lewis Wilks

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

PNC Financial Services Group

PNC

693475105

4/27/2004

Annual

Adviser: PIM

1.01 Elect Paul W. Chellgren

MGMT

YES

FOR

1.02 Elect Robert N. Clay

MGMT

YES

FOR

1.03 Elect J. Gary Cooper

MGMT

YES

FOR

1.04 Elect George A. Davidson Jr.

MGMT

YES

FOR

1.05 Elect Richard B. Kelson

MGMT

YES

FOR

1.06 Elect Bruce C. Lindsay

MGMT

YES

FOR

1.07 Elect Anthony A. Massaro

MGMT

YES

FOR

1.08 Elect Thomas H. O’Brien

MGMT

YES

FOR

1.09 Elect Jane G. Pepper

MGMT

YES

FOR

1.10 Elect James E. Rohr

MGMT

YES

FOR

1.11 Elect Lorene K. Steffes

MGMT

YES

FOR

1.12 Elect Dennis F. Strigl

MGMT

YES

FOR

1.13 Elect Stephen G. Thieke

MGMT

YES

FOR

1.14 Elect Thomas J. Usher

MGMT

YES

FOR

1.15 Elect Milton A. Washington

MGMT

YES

FOR

1.16 Elect Helge H. Wehmeier

MGMT

YES

FOR

Page 152 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Power-One

PWER

739308104

5/4/2004

Annual

Adviser: PIM

1.01 Elect Steven J. Goldman

MGMT

YES

FOR

1.02 Elect Jay Walters

MGMT

YES

FOR

1.03 Elect Jon E.M. Jacoby

MGMT

YES

FOR

1.04 Elect Mark Melliar-Smith

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Approve Other Business

MGMT

YES

AGNST

PPG Industries

PPG

693506107

4/15/2004

Annual

Adviser: PIM

1.01 Elect James G. Berges

MGMT

YES

FOR

1.02 Elect Erroll B. Davis Jr.

MGMT

YES

FOR

1.03 Elect Victoria F. Haynes

MGMT

YES

FOR

1.04 Elect Allen J. Krowe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

PPL

69351T106

4/23/2004

Annual

Adviser: PIM

1.01 Elect William F. Hecht

MGMT

YES

FOR

1.02 Elect Stuart Heydt

MGMT

YES

FOR

1.03 Elect W. Keith Smith

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Praxair

74005P104

4/27/2004

Annual

Adviser: PIM

1.01 Elect Alejandro Achaval

MGMT

YES

FOR

1.02 Elect Ronald L. Kuehn Jr.

MGMT

YES

FOR

1.03 Elect H. Mitchell Watson Jr.

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 Adopt Poison Pill

MGMT

YES

AGNST

Page 153 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Price (T. Rowe) Group

TROW

74144T108

4/8/2004

Annual

Adviser: PIM

1.01 Elect Edward C. Bernard

MGMT

YES

FOR

1.02 Elect James T. Brady

MGMT

YES

FOR

1.03 Elect D. William J. Garrett

MGMT

YES

FOR

1.04 Elect Donald B. Hebb Jr.

MGMT

YES

FOR

1.05 Elect James A.C. Kennedy

MGMT

YES

FOR

1.06 Elect James S. Riepe

MGMT

YES

FOR

1.07 Elect George A. Roche

MGMT

YES

FOR

1.08 Elect Brian C. Rogers

MGMT

YES

FOR

1.09 Elect Alfred Sommer

MGMT

YES

FOR

1.10 Elect Dwight S. Taylor

MGMT

YES

FOR

1.11 Elect Anne Marie Whittemore

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Other Business

MGMT

YES

AGNST

Principal Financial Group Inc

PFG

74251V102

5/18/2004

Annual

Adviser: PIM

1.01 Elect David J. Drury

MGMT

YES

FOR

1.02 Elect C. Daniel Gelatt

MGMT

YES

FOR

1.03 Elect Sandra L. Helton

MGMT

YES

FOR

1.04 Elect Federico F. Pena

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Procter & Gamble

742718109

10/14/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

Page 154 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Progress Energy Inc

PGN

743263105

5/12/2004

Annual

Adviser: PIM

1.01 Elect Charles W. Coker

MGMT

YES

FOR

1.02 Elect Robert B. McGehee

MGMT

YES

FOR

1.03 Elect E. Marie McKee

MGMT

YES

FOR

1.04 Elect Peter S. Rummell

MGMT

YES

FOR

1.05 Elect Jean Giles Wittner

MGMT

YES

FOR

2.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Progressive

PGR

743315103

4/16/2004

Annual

Adviser: PIM

1.01 Elect Peter B. Lewis

MGMT

YES

FOR

1.02 Elect Glenn M. Renwick

MGMT

YES

FOR

1.03 Elect Donald B. Shackelford

MGMT

YES

FOR

2.00 Approve Non-Technical Charter Amendments

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Prologis

PLD

743410102

5/18/2004

Annual

Adviser: PIM

1.01 Elect Stephen L. Feinberg

MGMT

YES

FOR

1.02 Elect Donald P. Jacobs

MGMT

YES

FOR

1.03 Elect D. Michael Steuert

MGMT

YES

FOR

1.04 Elect J. Andre Teixeira

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Providian Financial Corp

PVN

74406A102

5/13/2004

Annual

Adviser: PIM

1.01 Elect John L. Douglas

MGMT

YES

FOR

1.02 Elect J. David Grissom

MGMT

YES

FOR

1.03 Elect Robert J. Higgins

MGMT

YES

FOR

1.04 Elect Francesca Ruiz De Luzuriaga

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 155 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Prudential Financial Inc

PRU

744320102

6/8/2004

Annual

Adviser: PIM

1.01 Elect Arthur F. Ryan

MGMT

YES

FOR

1.02 Elect W. Gaston Caperton III

MGMT

YES

FOR

1.03 Elect Gilbert F. Casellas

MGMT

YES

FOR

1.04 Elect Karl J. Krapek

MGMT

YES

FOR

1.05 Elect Ida F. S. Schmertz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Public Service Enterprise Group

PEG

744573106

4/20/2004

Annual

Adviser: PIM

1.01 Elect Albert R. Gamper Jr.

MGMT

YES

FOR

1.02 Elect Ernest H. Drew

MGMT

YES

FOR

1.03 Elect William V. Hickey

MGMT

YES

FOR

1.04 Elect Richard J. Swift

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Double Board Nominees

SHLDR

YES

AGNST

FOR

Pulte Homes Inc

PHM

745867101

5/13/2004

Annual

Adviser: PIM

1.01 Elect Richard J. Dugas Jr.

MGMT

YES

FOR

1.02 Elect David N. McCammon

MGMT

YES

FOR

1.03 Elect William J. Pulte

MGMT

YES

FOR

1.04 Elect Francis J. Sehn

MGMT

YES

FOR

1.05 Elect Michael E. Rossi

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 SP-Shareholder Approval of Auditors

SHLDR

YES

FOR

AGNST

Page 156 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote
Cast

For/Agnst

Mgmt

QLogic

QLGC

747277101

8/26/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Extend Term of Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Qualcomm

QCOM

747525103

3/2/2004

Annual

Adviser: PIM

1.01 Elect Adelia A. Coffman

MGMT

YES

FOR

1.02 Elect Raymond V. Dittamore

MGMT

YES

FOR

1.03 Elect Irwin Mark Jacobs

MGMT

YES

FOR

1.04 Elect Richard Sulpizio

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Quest Diagnostics

DGX

74834L100

5/4/2004

Annual

Adviser: PIM

1.01 Elect William R. Grant

MGMT

YES

FOR

1.02 Elect Surya N. Mohapatra

MGMT

YES

FOR

1.03 Elect John C. Baldwin

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Quintiles Transnational

QTRN

748767100

9/25/2003

Annual

Adviser: PIM

1.00 Approve Leveraged Buyout

MGMT

YES

FOR

2.00 Adjourn Meeting

MGMT

YES

AGNST

Page 157 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Qwest Communications International

749121109

12/16/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Employee Stock Purchase Plan

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 SP-Pension Fund Surplus

SHLDR

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

5.00 SP-Golden Parachutes

SHLDR

YES

FOR

6.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

7.00 SP-Award Performance-based Stock Opt

SHLDR

YES

FOR

AGNST

8.00 SP-Award Performance-based Stock Opt

SHLDR

YES

FOR

AGNST

9.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Qwest Communications International Inc

749121109

5/25/2004

Annual

Adviser: PIM

1.01 Elect Thomas J. Donohue

MGMT

YES

FOR

1.02 Elect Peter S. Hellman

MGMT

YES

FOR

1.03 Elect Vinod Khosla

MGMT

YES

FOR

1.04 Elect K. Dane Brooksher

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

4.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

5.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

Page 158 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

RadioShack Corp

RSH

750438103

5/20/2004

Annual

Adviser: PIM

1.01 Elect Frank J. Belatti

MGMT

YES

FOR

1.02 Elect Ronald E. Elmquist

MGMT

YES

FOR

1.03 Elect Robert S. Falcone

MGMT

YES

FOR

1.04 Elect Daniel R. Feehan

MGMT

YES

FOR

1.05 Elect Richard J. Hernandez

MGMT

YES

FOR

1.06 Elect Lawrence V. Jackson

MGMT

YES

FOR

1.07 Elect Robert J. Kamerschen

MGMT

YES

FOR

1.08 Elect H. Eugene Lockhart

MGMT

YES

FOR

1.09 Elect Jack L. Messman

MGMT

YES

FOR

1.10 Elect William G. Morton Jr.

MGMT

YES

FOR

1.11 Elect Thomas G. Plaskett

MGMT

YES

FOR

1.12 Elect Leonard H. Roberts

MGMT

YES

FOR

1.13 Elect Edwina D. Woodbury

MGMT

YES

FOR

2.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

Raytheon

RTN

755111507

5/5/2004

Annual

Adviser: PIM

1.01 Elect John M. Deutch

MGMT

YES

FOR

1.02 Elect Michael C. Ruettgers

MGMT

YES

FOR

1.03 Elect William R. Spivey

MGMT

YES

FOR

1.04 Elect William H. Swanson

MGMT

YES

FOR

1.05 Elect Linda Gillespie Stuntz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

6.00 SP-Review or Implement MacBride Principles

SHLDR

YES

AGNST

7.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

8.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

FOR

AGNST

9.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 159 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Reebok International

RBK

758110100

5/4/2004

Annual

Adviser: PIM

1.01 Elect Norman Axelrod

MGMT

YES

FOR

1.02 Elect Paul R. Duncan

MGMT

YES

FOR

1.03 Elect Richard G. Lesser

MGMT

YES

FOR

1.04 Elect Deval L. Patrick

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Regions Financial Corp

758940100

6/8/2004

Annual

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Margaret H. Greene

MGMT

YES

FOR

2.02 Elect Carl E. Jones Jr.

MGMT

YES

FOR

2.03 Elect Susan Matlock

MGMT

YES

FOR

2.04 Elect John H. Watson

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 Adjourn Meeting

MGMT

YES

AGNST

5.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Robert Half International

RHI

770323103

5/4/2004

Annual

Adviser: PIM

1.01 Elect Andrew S. Berwick Jr.

MGMT

YES

FOR

1.02 Elect Frederick P. Furth

MGMT

YES

FOR

1.03 Elect Edward W. Gibbons

MGMT

YES

FOR

1.04 Elect Harold M. Messmer Jr.

MGMT

YES

FOR

1.05 Elect Thomas J. Ryan

MGMT

YES

FOR

1.06 Elect J. Stephen Schaub

MGMT

YES

FOR

1.07 Elect M. Keith Waddell

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 160 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Rockwell Automation

ROK

773903109

2/4/2004

Annual

Adviser: PIM

1.01 Elect Don H. Davis Jr.

MGMT

YES

FOR

1.02 Elect William H. Gray III

MGMT

YES

FOR

1.03 Elect William T. McCormick Jr.

MGMT

YES

FOR

1.04 Elect Keith D. Nosbusch

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.01 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.02 Amend Stock Option Plan

MGMT

YES

FOR

Rockwell Collins

COL

774341101

2/10/2004

Annual

Adviser: PIM

1.01 Elect Donald R. Beall

MGMT

YES

FOR

1.02 Elect Richard J. Ferris

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 161 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Rohm & Haas

ROH

775371107

5/3/2004

Annual

Adviser: PIM

1.01 Elect William J. Avery

MGMT

YES

FOR

1.02 Elect J. Michael Fitzpatrick

MGMT

YES

FOR

1.03 Elect Earl G. Graves Sr.

MGMT

YES

FOR

1.04 Elect Rajiv L. Gupta

MGMT

YES

FOR

1.05 Elect David W. Haas

MGMT

YES

FOR

1.06 Elect Thomas W. Haas

MGMT

YES

FOR

1.07 Elect James A. Henderson

MGMT

YES

FOR

1.08 Elect Richard L. Keyser

MGMT

YES

FOR

1.09 Elect Jorge P. Montoya

MGMT

YES

FOR

1.10 Elect Sandra O. Moose

MGMT

YES

FOR

1.11 Elect Gilbert S. Omenn

MGMT

YES

FOR

1.12 Elect Gary L. Rogers

MGMT

YES

FOR

1.13 Elect Ronaldo H. Schmitz

MGMT

YES

FOR

1.14 Elect Marna C. Whittington

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Rowan

RDC

779382100

4/23/2004

Annual

Adviser: PIM

1.01 Elect William T. Fox III

MGMT

YES

FOR

1.02 Elect Graham Hearne

MGMT

YES

FOR

1.03 Elect H. E. Lentz Jr.

MGMT

YES

FOR

1.04 Elect P. Dexter Peacock

MGMT

YES

FOR

Page 162 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Ryder System

783549108

5/7/2004

Annual

Adviser: PIM

1.01 Elect John M. Berra

MGMT

YES

FOR

1.02 Elect David I. Fuente

MGMT

YES

FOR

1.03 Elect Eugene A. Renna

MGMT

YES

FOR

1.04 Elect Abbie J. Smith

MGMT

YES

FOR

1.05 Elect Christine A. Varney

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sabre Holdings

TSG

785905100

5/4/2004

Annual

Adviser: PIM

1.01 Elect Royce S. Caldwell

MGMT

YES

FOR

1.02 Elect Paul C. Ely Jr.

MGMT

YES

FOR

1.03 Elect Glenn W. Marschel Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

Safeco

SAFC

786429100

5/5/2004

Annual

Adviser: PIM

1.01 Elect Robert S. Cline

MGMT

YES

FOR

1.02 Elect G. Thompson Hutton

MGMT

YES

FOR

1.03 Elect William W. Krippaehne Jr.

MGMT

YES

FOR

1.04 Elect Michael S. McGavick

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 163 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Safeway Inc

SWY

786514208

5/20/2004

Annual

Adviser: PIM

1.01 Elect Steven A. Burd

MGMT

YES

WHOLD

AGNST

1.02 Elect Robert I. MacDonnell

MGMT

YES

WHOLD

AGNST

1.03 Elect William Y. Tauscher

MGMT

YES

WHOLD

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 Exchange Underwater Options

MGMT

YES

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

6.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

7.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

8.00 SP-Report on Sustainability

SHLDR

YES

AGNST

9.00 SP-Review Political Spending

SHLDR

YES

AGNST

10.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Sanmina-SCI

SANM

800907107

1/26/2004

Annual

Adviser: PIM

1.01 Elect John C. Bolger

MGMT

YES

FOR

1.02 Elect Neil R. Bonke

MGMT

YES

FOR

1.03 Elect Randy W. Furr

MGMT

YES

FOR

1.04 Elect Mario M. Rosati

MGMT

YES

FOR

1.05 Elect A. Eugene Sapp Jr.

MGMT

YES

FOR

1.06 Elect Wayne Shortridge

MGMT

YES

FOR

1.07 Elect Peter J. Simone

MGMT

YES

FOR

1.08 Elect Jure Sola

MGMT

YES

FOR

1.09 Elect Bernard V. Vonderschmitt

MGMT

YES

FOR

1.10 Elect Jackie M. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 164 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Sara Lee

SLE

803111103

10/30/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Charitable Giving Policy

SHLDR

YES

AGNST

4.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

SBC Communications

SBC

78387G103

4/30/2004

Annual

Adviser: PIM

1.01 Elect James E. Barnes

MGMT

YES

FOR

1.02 Elect James A. Henderson

MGMT

YES

FOR

1.03 Elect John B. McCoy

MGMT

YES

FOR

1.04 Elect S. Donley Ritchey

MGMT

YES

FOR

1.05 Elect Joyce M. Roche

MGMT

YES

FOR

1.06 Elect Patricia P. Upton

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 SP-Reduce Board Size

SHLDR

YES

AGNST

FOR

Schering-Plough

SGP

806605101

4/27/2004

Annual

Adviser: PIM

1.01 Elect Fred Hassan

MGMT

YES

FOR

1.02 Elect Philip Leder

MGMT

YES

FOR

1.03 Elect Eugene R. McGrath

MGMT

YES

FOR

1.04 Elect Richard de J. Osborne

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 165 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Schlumberger Ltd.

SLB

806857108

4/14/2004

Annual

Adviser: PIM

1.01 Elect John M. Deutch

MGMT

YES

FOR

1.02 Elect Jamie S. Gorelick

MGMT

YES

FOR

1.03 Elect Andrew Gould

MGMT

YES

FOR

1.04 Elect Tony Isaac

MGMT

YES

FOR

1.05 Elect Adrian Lajous

MGMT

YES

FOR

1.06 Elect Andre Levy-Lang

MGMT

YES

FOR

1.07 Elect Didier Primat

MGMT

YES

FOR

1.08 Elect Tore I. Sandvold

MGMT

YES

FOR

1.09 Elect Nicolas Seydoux

MGMT

YES

FOR

1.10 Elect Linda Gillespie Stuntz

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Schwab (Charles) Corp

SCH

808513105

5/17/2004

Annual

Adviser: PIM

1.01 Elect Donald G. Fisher

MGMT

YES

FOR

1.02 Elect Paula A. Sneed

MGMT

YES

FOR

1.03 Elect David B. Yoffie

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Scientific-Atlanta

SFA

808655104

11/7/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 166 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Sealed Air

SEE

81211K100

5/5/2004

Annual

Adviser: PIM

1.01 Elect Hank Brown

MGMT

YES

FOR

1.02 Elect Michael Chu

MGMT

YES

FOR

1.03 Elect Lawrence R. Codey

MGMT

YES

FOR

1.04 Elect T.J. Dermot Dunphy

MGMT

YES

FOR

1.05 Elect Charles F. Farrell, Jr.

MGMT

YES

FOR

1.06 Elect William V. Hickey

MGMT

YES

FOR

1.07 Elect Kenneth P. Manning

MGMT

YES

FOR

1.08 Elect William J. Marino

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sears, Roebuck & Co

812387108

5/13/2004

Annual

Adviser: PIM

1.01 Elect William L. Bax

MGMT

YES

FOR

1.02 Elect Donald J. Carty

MGMT

YES

FOR

1.03 Elect Alan J. Lacy

MGMT

YES

FOR

1.04 Elect Hugh B. Price

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Majority Vote Shareholder Committee

SHLDR

YES

AGNST

FOR

Sempra Energy

SRE

816851109

5/4/2004

Annual

Adviser: PIM

1.01 Elect Stephen L. Baum

MGMT

YES

FOR

1.02 Elect Wilford D. Godbold Jr.

MGMT

YES

FOR

1.03 Elect Richard G. Newman

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

6.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

7.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 167 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Sherwin-Williams

SHW

824348106

4/28/2004

Annual

Adviser: PIM

1.01 Elect James C. Boland

MGMT

YES

FOR

1.02 Elect John G. Breen

MGMT

YES

FOR

1.03 Elect Duane E. Collins

MGMT

YES

FOR

1.04 Elect Christopher M. Connor

MGMT

YES

FOR

1.05 Elect Daniel E. Evans

MGMT

YES

FOR

1.06 Elect Susan J. Kropf

MGMT

YES

FOR

1.07 Elect Robert W. Mahoney

MGMT

YES

FOR

1.08 Elect Gary E. McCullough

MGMT

YES

FOR

1.09 Elect A. Malachi Mixon III

MGMT

YES

FOR

1.10 Elect Curtis E. Moll

MGMT

YES

FOR

1.11 Elect Joseph M. Scaminace

MGMT

YES

FOR

1.12 Elect Richard K. Smucker

MGMT

YES

FOR

2.00 Approve Non-Technical Charter Amendments

MGMT

YES

AGNST

3.00 Adopt Advance Notice Requirement

MGMT

YES

AGNST

4.00 Adopt Advance Notice Requirement

MGMT

YES

AGNST

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Siebel Systems Inc

SEBL

826170102

6/23/2004

Annual

Adviser: PIM

1.01 Elect C. Scott Hartz

MGMT

YES

FOR

1.02 Elect Charles R. Schwab

MGMT

YES

FOR

1.03 Elect George T. Shaheen

MGMT

YES

FOR

1.04 Elect John W. White

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Page 168 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Sigma-Aldrich

SIAL

826552101

5/4/2004

Annual

Adviser: PIM

1.01 Elect Nina V. Fedoroff

MGMT

YES

FOR

1.02 Elect David R. Harvey

MGMT

YES

FOR

1.03 Elect W. Lee McCollum

MGMT

YES

FOR

1.04 Elect William C. O’Neil, Jr.

MGMT

YES

FOR

1.05 Elect J. Pedro Reinhard

MGMT

YES

FOR

1.06 Elect Jerome W. Sandweiss

MGMT

YES

FOR

1.07 Elect D. Dean Spatz

MGMT

YES

FOR

1.08 Elect Barrett A. Toan

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

Simon Property Group

SPG

828806109

5/5/2004

Annual

Adviser: PIM

1.01 Elect Birch E. Bayh Jr.

MGMT

YES

FOR

1.02 Elect Melvyn E. Bergstein

MGMT

YES

FOR

1.03 Elect Linda Walker Bynoe

MGMT

YES

FOR

1.04 Elect Karen N. Horn

MGMT

YES

FOR

1.05 Elect G. William Miller

MGMT

YES

FOR

1.06 Elect J. Albert Smith Jr.

MGMT

YES

FOR

1.07 Elect Pieter S. van den Berg

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Page 169 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

SLM Corp

SLM

78442P106

5/13/2004

Annual

Adviser: PIM

1.01 Elect Charles L. Daley

MGMT

YES

FOR

1.02 Elect William M. Diefenderfer III

MGMT

YES

FOR

1.03 Elect Thomas J. Fitzpatrick

MGMT

YES

FOR

1.04 Elect Edward A. Fox

MGMT

YES

FOR

1.05 Elect Diane S. Gilleland

MGMT

YES

FOR

1.06 Elect Earl A. Goode

MGMT

YES

FOR

1.07 Elect Anne Torre Grant

MGMT

YES

FOR

1.08 Elect Ronald F. Hunt

MGMT

YES

FOR

1.09 Elect Benjamin J. Lambert III

MGMT

YES

FOR

1.10 Elect Albert L. Lord

MGMT

YES

FOR

1.11 Elect Barry Munitz

MGMT

YES

FOR

1.12 Elect A. Alexander Porter Jr.

MGMT

YES

FOR

1.13 Elect Wolfgang Schoellkopf

MGMT

YES

FOR

1.14 Elect Steven L. Shapiro

MGMT

YES

FOR

1.15 Elect Barry L. Williams

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Snap-On

SNA

833034101

4/22/2004

Annual

Adviser: PIM

1.01 Elect John F. Fiedler

MGMT

YES

FOR

1.02 Elect W. Dudley Lehman

MGMT

YES

FOR

1.03 Elect Frank S. Ptak

MGMT

YES

FOR

1.04 Elect Edward H. Rensi

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 170 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Solectron

SLR

834182107

1/7/2004

Annual

Adviser: PIM

1.01 Elect William A. Hasler

MGMT

YES

FOR

1.02 Elect Michael R. Cannon

MGMT

YES

FOR

1.03 Elect Richard A. D’Amore

MGMT

YES

FOR

1.04 Elect Heinz K. Fridrich

MGMT

YES

FOR

1.05 Elect William R. Graber

MGMT

YES

FOR

1.06 Elect Paul R. Low

MGMT

YES

FOR

1.07 Elect C. Wesley M. Scott

MGMT

YES

FOR

1.08 Elect Osamu Yamada

MGMT

YES

FOR

1.09 Elect Cyril J. Yansouni

MGMT

YES

FOR

2.00 Exchange Underwater Options

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Southern Co

842587107

5/26/2004

Annual

Adviser: PIM

1.01 Elect Daniel P. Amos

MGMT

YES

FOR

1.02 Elect Dorrit J. Bern

MGMT

YES

FOR

1.03 Elect Francis S. Blake

MGMT

YES

FOR

1.04 Elect Thomas F. Chapman

MGMT

YES

FOR

1.05 Elect H. Allen Franklin

MGMT

YES

FOR

1.06 Elect Bruce S. Gordon

MGMT

YES

FOR

1.07 Elect Donald M. James

MGMT

YES

FOR

1.08 Elect Zack T. Pate

MGMT

YES

FOR

1.09 Elect J. Neal Purcell

MGMT

YES

FOR

1.10 Elect David M. Ratcliffe

MGMT

YES

FOR

1.11 Elect Gerald J. St. Pe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

Page 171 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

SouthTrust

SOTR

844730101

4/21/2004

Annual

Adviser: PIM

1.01 Elect Carl F. Bailey

MGMT

YES

FOR

1.02 Elect John M. Bradford

MGMT

YES

FOR

1.03 Elect William C. Hulsey

MGMT

YES

FOR

1.04 Elect Wallace D. Malone Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Southwest Airlines

LUV

844741108

5/19/2004

Annual

Adviser: PIM

1.01 Elect Herbert D. Kelleher

MGMT

YES

FOR

1.02 Elect Rollin W. King

MGMT

YES

FOR

1.03 Elect June M. Morris

MGMT

YES

FOR

1.04 Elect C. Webb Crockett

MGMT

YES

FOR

1.05 Elect William P. Hobby Jr.

MGMT

YES

FOR

1.06 Elect Travis C. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sprint

FON

852061100

4/20/2004

Annual

Adviser: PIM

1.01 Elect Gordon M. Bethune

MGMT

YES

FOR

1.02 Elect E. Linn Draper Jr.

MGMT

YES

FOR

1.03 Elect Deborah A. Henretta

MGMT

YES

FOR

1.04 Elect Linda Koch Lorimer

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

FOR

AGNST

6.00 SP-Report on Risk to Image of Globalization Strate

SHLDR

YES

AGNST

Page 172 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

St Jude Medical Inc

STJ

790849103

5/12/2004

Annual

Adviser: PIM

1.01 Elect Michael A. Rocca

MGMT

YES

FOR

1.02 Elect David A. Thompson

MGMT

YES

FOR

1.03 Elect Stefan K. Widensohler

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Increase Authorized Common Stock

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

St. Paul

SPC

792860108

3/19/2004

Special

Adviser: PIM

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.00 Approve Non-Technical Bylaw Amendments

MGMT

YES

FOR

3.00 Approve Name Change

MGMT

YES

AGNST

3.00 Approve Non-Technical Charter Amendments

MGMT

YES

AGNST

3.00 Increase Authorized Common Stock

MGMT

YES

AGNST

4.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

Stanley Works

SWK

854616109

4/23/2004

Annual

Adviser: PIM

1.01 Elect John G. Breen

MGMT

YES

FOR

1.02 Elect Virgis W. Colbert

MGMT

YES

FOR

1.03 Elect John F. Lundgren

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Page 173 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Staples Inc

SPLS

855030102

6/17/2004

Annual

Adviser: PIM

1.01 Elect Arthur M. Blank

MGMT

YES

FOR

1.02 Elect Gary L. Crittenden

MGMT

YES

FOR

1.03 Elect Martin Trust

MGMT

YES

FOR

1.04 Elect Paul F. Walsh

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGNST

6.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

7.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

8.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

9.00 SP-Limit Consulting by Auditors

SHLDR

YES

FOR

AGNST

Starbucks

SBUX

855244109

3/30/2004

Annual

Adviser: PIM

1.01 Elect William W. Bradley

MGMT

YES

FOR

1.02 Elect Gregory B. Maffei

MGMT

YES

FOR

1.03 Elect Orin C. Smith

MGMT

YES

FOR

1.04 Elect Olden Lee

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Starwood Hotels & Resorts Worldwide

HOT

85590A203

5/7/2004

Annual

Adviser: PIM

1.01 Elect Eric Hippeau

MGMT

YES

FOR

1.02 Elect Daniel W. Yih

MGMT

YES

FOR

1.03 Elect Kneeland C. Youngblood

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Repeal Classified Board

MGMT

YES

FOR

Page 174 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

State Street

STT

857477103

4/21/2004

Annual

Adviser: PIM

1.01 Elect Directors

MGMT

YES

FOR

1.02 Elect Directors

MGMT

YES

FOR

1.03 Elect Directors

MGMT

YES

FOR

1.04 Elect Directors

MGMT

YES

FOR

1.05 Elect Directors

MGMT

YES

FOR

2.00 SP-Opt Out of State Takeover Statute

SHLDR

YES

FOR

AGNST

Stryker

SYK

863667101

4/20/2004

Annual

Adviser: PIM

1.01 Elect John W. Brown

MGMT

YES

FOR

1.02 Elect Howard E. Cox Jr.

MGMT

YES

FOR

1.03 Elect Donald M. Engelman

MGMT

YES

FOR

1.04 Elect Jerome H. Grossman

MGMT

YES

FOR

1.05 Elect John S. Lillard

MGMT

YES

FOR

1.06 Elect Ronda E. Stryker

MGMT

YES

FOR

1.07 Elect William U. Parfet

MGMT

YES

FOR

2.00 Increase in authorized shares of common stock

MGMT

YES

FOR

Sun Microsystems

SUNW

866810104

11/13/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

Page 175 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Sungard Data Systems Inc

SDS

867363103

5/14/2004

Annual

Adviser: PIM

1.01 Elect Gregory S. Bentley

MGMT

YES

FOR

1.02 Elect Michael C. Brooks

MGMT

YES

FOR

1.03 Elect Cristobal Conde

MGMT

YES

FOR

1.04 Elect Ramon de Oliveira

MGMT

YES

FOR

1.05 Elect Henry C. Duques

MGMT

YES

FOR

1.06 Elect Albert A. Eisenstat

MGMT

YES

FOR

1.07 Elect Bernard Goldstein

MGMT

YES

FOR

1.08 Elect Janet B. Haugen

MGMT

YES

FOR

1.09 Elect James L. Mann

MGMT

YES

FOR

1.10 Elect Malcolm I. Ruddock

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Sunoco

SUN

86764P109

5/6/2004

Annual

Adviser: PIM

1.01 Elect Robert J. Darnall

MGMT

YES

FOR

1.02 Elect John G. Drosdick

MGMT

YES

FOR

1.03 Elect Ursula F. Fairbairn

MGMT

YES

FOR

1.04 Elect Thomas P. Gerrity

MGMT

YES

FOR

1.05 Elect Rosemarie B. Greco

MGMT

YES

FOR

1.06 Elect James G. Kaiser

MGMT

YES

FOR

1.07 Elect Robert D. Kennedy

MGMT

YES

FOR

1.08 Elect Richard H. Lenny

MGMT

YES

FOR

1.09 Elect Norman S. Matthews

MGMT

YES

FOR

1.10 Elect R. Anderson Pew

MGMT

YES

FOR

1.11 Elect G. Jackson Ratcliffe, Jr.

MGMT

YES

FOR

1.12 Elect John W. Rowe

MGMT

YES

FOR

1.13 Elect John K. Wulff

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 176 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

SunTrust Banks

STI

867914103

4/20/2004

Annual

Adviser: PIM

1.01 Elect J. Hicks Lanier

MGMT

YES

FOR

1.02 Elect Larry L. Prince

MGMT

YES

FOR

1.03 Elect Frank S. Royal M.D.

MGMT

YES

FOR

1.04 Elect Robert M. Beall II

MGMT

YES

FOR

1.05 Elect Jeffrey C. Crowe

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

SuperValu Inc

SVU

868536103

5/26/2004

Annual

Adviser: PIM

1.01 Elect Charles M. Lillis

MGMT

YES

FOR

1.02 Elect Jeffrey Noddle

MGMT

YES

FOR

1.03 Elect Steven S. Rogers

MGMT

YES

FOR

1.04 Elect Ronald E. Daly

MGMT

YES

FOR

1.05 Elect Marissa Peterson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Symantec

SYMC

871503108

8/21/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 177 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Symbol Technologies

SBL

871508107

4/26/2004

Annual

Adviser: PIM

1.01 Elect William R. Nuti

MGMT

YES

FOR

1.02 Elect Robert J. Chrenc

MGMT

YES

FOR

1.03 Elect Edward R. Kozel

MGMT

YES

FOR

1.04 Elect Salvatore Iannuzzi

MGMT

YES

FOR

1.05 Elect George Samenuk

MGMT

YES

FOR

1.06 Elect Melvin A. Yellin

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Synovus Financial

SNV

87161C105

4/22/2004

Annual

Adviser: PIM

1.01 Elect James H. Blanchard

MGMT

YES

FOR

1.02 Elect C. Edward Floyd

MGMT

YES

FOR

1.03 Elect Gardiner W. Garrard Jr.

MGMT

YES

FOR

1.04 Elect V. Nathaniel Hansford

MGMT

YES

FOR

1.05 Elect Alfred W. Jones III

MGMT

YES

FOR

1.06 Elect H. Lynn Page

MGMT

YES

FOR

1.07 Elect James D. Yancey

MGMT

YES

FOR

1.08 Elect Frank W. Brumley

MGMT

YES

FOR

1.09 Elect Elizabeth W. Camp

MGMT

YES

FOR

1.10 Elect T. Michael Goodrich

MGMT

YES

FOR

1.11 Elect J. Neal Purcell

MGMT

YES

FOR

1.12 Elect William B. Turner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Sysco

SYY

871829107

11/7/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

Page 178 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Target Corp

TGT

87612E106

5/19/2004

Annual

Adviser: PIM

1.01 Elect Calvin Darden

MGMT

YES

FOR

1.02 Elect Michele J. Hooper

MGMT

YES

FOR

1.03 Elect Anne M. Mulcahy

MGMT

YES

FOR

1.04 Elect Stephen W. Sanger

MGMT

YES

FOR

1.05 Elect Warren R. Staley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Teco Energy

872375100

4/28/2004

Annual

Adviser: PIM

1.01 Elect Thompson L. Rankin

MGMT

YES

FOR

1.02 Elect William D. Rockford

MGMT

YES

FOR

1.03 Elect J. Thomas Touchton

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Tektronix

TEK

879131100

9/25/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 SP-Don’t Do Business in China

SHLDR

YES

AGNST

Tellabs

TLAB

879664100

4/22/2004

Annual

Adviser: PIM

1.01 Elect Michael J. Birck

MGMT

YES

FOR

1.02 Elect Frederick A. Krehbiel

MGMT

YES

FOR

1.03 Elect Krish A. Prabhu

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 179 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Temple-Inland

TIN

879868107

5/7/2004

Annual

Adviser: PIM

1.01 Elect Donald M. Carlton

MGMT

YES

FOR

1.02 Elect E. Linn Draper Jr.

MGMT

YES

FOR

1.03 Elect Jeffrey M. Heller

MGMT

YES

FOR

1.04 Elect Kenneth M. Jastrow II

MGMT

YES

FOR

1.05 Elect James A. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Tenet Healthcare

THC

88033G100

7/23/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Increase Board Independence

SHLDR

YES

FOR

AGNST

Tenet Healthcare

THC

88033G100

5/6/2004

Annual

Adviser: PIM

1.01 Elect Trevor Fetter

MGMT

YES

FOR

1.02 Elect Van B. Honeycutt

MGMT

YES

FOR

1.03 Elect John C. Kane

MGMT

YES

FOR

1.04 Elect Edward A. Kangas

MGMT

YES

FOR

1.05 Elect J. Robert Kerrey

MGMT

YES

FOR

1.06 Elect Richard R. Pettingill

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Teradyne Inc

TER

880770102

5/27/2004

Annual

Adviser: PIM

1.01 Elect John P. Mulroney

MGMT

YES

FOR

1.02 Elect Patricia S. Wolpert

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Page 180 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Texas Instruments

TXN

882508104

4/15/2004

Annual

Adviser: PIM

1.01 Elect James R. Adams

MGMT

YES

FOR

1.02 Elect David L. Boren

MGMT

YES

FOR

1.03 Elect Daniel A. Carp

MGMT

YES

FOR

1.04 Elect Thomas J. Engibous

MGMT

YES

FOR

1.05 Elect Gerald W. Fronterhouse

MGMT

YES

FOR

1.06 Elect David R. Goode

MGMT

YES

FOR

1.07 Elect Wayne R. Sanders

MGMT

YES

FOR

1.08 Elect Ruth J. Simmons

MGMT

YES

FOR

1.09 Elect Richard K. Templeton

MGMT

YES

FOR

1.10 Elect Christine Todd Whitman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Textron

TXT

883203101

4/28/2004

Annual

Adviser: PIM

1.01 Elect Kathleen M. Bader

MGMT

YES

FOR

1.02 Elect R. Kerry Clark

MGMT

YES

FOR

1.03 Elect Ivor J. Evans

MGMT

YES

FOR

1.04 Elect Charles D. Powell

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Foreign Military Sales

SHLDR

YES

AGNST

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

7.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

Page 181 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Thermo Electron Corp

TMO

883556102

5/18/2004

Annual

Adviser: PIM

1.01 Elect Marijn E. Dekkers

MGMT

YES

FOR

1.02 Elect Robert A. McCabe

MGMT

YES

FOR

1.03 Elect Robert W. O’Leary

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Thomas & Betts

TNB

884315102

5/5/2004

Annual

Adviser: PIM

1.01 Elect Ernest H. Drew

MGMT

YES

FOR

1.02 Elect T. Kevin Dunnigan

MGMT

YES

FOR

1.03 Elect Jeananne K. Hauswald

MGMT

YES

FOR

1.04 Elect Dean Jernigan

MGMT

YES

FOR

1.05 Elect Ronald B. Kalich Sr.

MGMT

YES

FOR

1.06 Elect Robert A. Kenkel

MGMT

YES

FOR

1.07 Elect Kenneth R. Masterson

MGMT

YES

FOR

1.08 Elect Dominic J. Pileggi

MGMT

YES

FOR

1.09 Elect Jean-Paul Richard

MGMT

YES

FOR

1.10 Elect Jerre L. Stead

MGMT

YES

FOR

1.11 Elect David D. Stevens

MGMT

YES

FOR

1.12 Elect William H. Waltrip

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

Page 182 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Tiffany & Co

TIF

886547108

5/20/2004

Annual

Adviser: PIM

1.01 Elect Michael J. Kowalski

MGMT

YES

FOR

1.02 Elect Rose Marie Bravo

MGMT

YES

FOR

1.03 Elect William R. Chaney

MGMT

YES

FOR

1.04 Elect Samuel L. Hayes III

MGMT

YES

FOR

1.05 Elect Abby F. Kohnstamm

MGMT

YES

FOR

1.06 Elect Charles K. Marquis

MGMT

YES

FOR

1.07 Elect J. Thomas Presby

MGMT

YES

FOR

1.08 Elect James E. Quinn

MGMT

YES

FOR

1.09 Elect William A. Shutzer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Time Warner Inc

TWX

887317105

5/21/2004

Annual

Adviser: PIM

1.01 Elect James L. Barksdale

MGMT

YES

FOR

1.02 Elect Stephen F. Bollenbach

MGMT

YES

FOR

1.03 Elect Stephen M. Case

MGMT

YES

FOR

1.04 Elect Frank J. Caufield

MGMT

YES

FOR

1.05 Elect Robert C. Clark

MGMT

YES

FOR

1.06 Elect Miles R. Gilburne

MGMT

YES

FOR

1.07 Elect Carla A. Hills

MGMT

YES

FOR

1.08 Elect Reuben Mark

MGMT

YES

FOR

1.09 Elect Michael A. Miles

MGMT

YES

FOR

1.10 Elect Kenneth J. Novack

MGMT

YES

FOR

1.11 Elect Richard D. Parsons

MGMT

YES

FOR

1.12 Elect Robert E. Turner

MGMT

YES

FOR

1.13 Elect Francis T. Vincent Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

4.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

Page 183 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

TJX Companies Inc

TJX

872540109

6/1/2004

Annual

Adviser: PIM

1.01 Elect Gary L. Crittenden

MGMT

YES

FOR

1.02 Elect Edmond J. English

MGMT

YES

FOR

1.03 Elect Richard G. Lesser

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

4.00 SP-Review Global Labor Practices

SHLDR

YES

AGNST

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Torchmark

TMK

891027104

4/29/2004

Annual

Adviser: PIM

1.01 Elect Charles E. Adair

MGMT

YES

FOR

1.02 Elect Joseph M. Farley

MGMT

YES

FOR

1.03 Elect C. B. Hudson

MGMT

YES

FOR

1.04 Elect Joseph L. Lanier Jr.

MGMT

YES

FOR

1.05 Elect R. K. Richey

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Sever Links with Tobacco Industry

SHLDR

YES

AGNST

Page 184 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Toys ‘R’ Us Inc

TOY

892335100

6/2/2004

Annual

Adviser: PIM

1.01 Elect RoAnn Costin

MGMT

YES

FOR

1.02 Elect John Eyler

MGMT

YES

FOR

1.03 Elect Roger N. Farah

MGMT

YES

FOR

1.04 Elect Peter A. Georgescu

MGMT

YES

FOR

1.05 Elect Cinda A. Hallman

MGMT

YES

FOR

1.06 Elect Calvin Hill

MGMT

YES

FOR

1.07 Elect Nancy J. Karch

MGMT

YES

FOR

1.08 Elect Norman S. Matthews

MGMT

YES

FOR

1.09 Elect Arthur B. Newman

MGMT

YES

FOR

1.10 Elect Frank R. Noonan

MGMT

YES

FOR

2.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Transocean Inc

RIG

G90078109

5/13/2004

Annual

Adviser: PIM

1.01 Elect Robert L. Long

MGMT

YES

FOR

1.02 Elect Martin B. McNamara

MGMT

YES

FOR

1.03 Elect Robert M. Sprague

MGMT

YES

FOR

1.04 Elect J. Michael Talbert

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Travelers Property Casualty

TAP

89420G406

3/19/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Page 185 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Tribune Co

TRB

896047107

5/12/2004

Annual

Adviser: PIM

1.01 Elect Jeffrey Chandler

MGMT

YES

FOR

1.02 Elect William A. Osborn

MGMT

YES

FOR

1.03 Elect Kathryn C. Turner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

Tupperware Corp

TUP

899896104

5/12/2004

Annual

Adviser: PIM

1.01 Elect Rita Bornstein

MGMT

YES

FOR

1.02 Elect E. V. Goings

MGMT

YES

FOR

1.03 Elect Robert J. Murray

MGMT

YES

FOR

1.04 Elect Joyce M. Roche

MGMT

YES

FOR

1.05 Elect M. Anne Szostak

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

TXU Corp

TXU

873168108

5/21/2004

Annual

Adviser: PIM

1.01 Elect Derek C. Bonham

MGMT

YES

FOR

1.02 Elect E. Gail De Planque

MGMT

YES

FOR

1.03 Elect William M. Griffin

MGMT

YES

FOR

1.04 Elect Kerney Laday

MGMT

YES

FOR

1.05 Elect Jack E. Little

MGMT

YES

FOR

1.06 Elect Erle Nye

MGMT

YES

FOR

1.07 Elect James E. Oesterreicher

MGMT

YES

FOR

1.08 Elect Michael W. Ranger

MGMT

YES

FOR

1.09 Elect Herbert H. Richardson

MGMT

YES

FOR

1.10 Elect C. John Wilder

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

Page 186 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Tyco International

TYC

902124106

3/25/2004

Annual

Adviser: PIM

1.01 Elect Dennis C. Blair

MGMT

YES

FOR

1.02 Elect Edward D. Breen

MGMT

YES

FOR

1.03 Elect George W. Buckley

MGMT

YES

FOR

1.04 Elect Bruce S. Gordon

MGMT

YES

FOR

1.05 Elect John A. Krol

MGMT

YES

FOR

1.06 Elect H. Carl McCall

MGMT

YES

FOR

1.07 Elect Mackey J. McDonald

MGMT

YES

FOR

1.08 Elect Brendan R. O’Neill

MGMT

YES

FOR

1.09 Elect Sandra S. Wijnberg

MGMT

YES

FOR

1.10 Elect Jerome B. York

MGMT

YES

FOR

1.11 Elect Brian Duperreault

MGMT

YES

FOR

2.00 Authorize Committee to Set Auditors’ Fees

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt New Bylaws

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

AGNST

5.00 SP-Review and reduce toxic emissions

SHLDR

YES

AGNST

6.00 Reincorporate to U.S. State

SHLDR

YES

FOR

AGNST

7.00 Implement Executive Compensation Plan

SHLDR

YES

FOR

AGNST

U.S. Bancorp

USB

902973304

4/20/2004

Annual

Adviser: PIM

1.01 Elect Victoria B. Gluckman

MGMT

YES

FOR

1.02 Elect Arthur D. Collins Jr.

MGMT

YES

FOR

1.03 Elect Jerry W. Levin

MGMT

YES

FOR

1.04 Elect Thomas E. Petry

MGMT

YES

FOR

1.05 Elect Richard G. Reiten

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Implement Executive Compensation Plan

SHLDR

YES

AGNST

FOR

4.00 Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

5.00 SP-Eliminate Supermajority Provision

SHLDR

YES

FOR

AGNST

Page 187 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Union Pacific

UNP

907818108

4/16/2004

Annual

Adviser: PIM

1.01 Elect Phillip F. Anschutz

MGMT

YES

FOR

1.02 Elect Richard K. Davidson

MGMT

YES

FOR

1.03 Elect Thomas J. Donohue

MGMT

YES

FOR

1.04 Elect Archie W. Dunham

MGMT

YES

FOR

1.05 Elect Spencer F. Eccles

MGMT

YES

FOR

1.06 Elect Ivor J. Evans

MGMT

YES

FOR

1.07 Elect Judith R. Hope

MGMT

YES

FOR

1.08 Elect Michael W. McConnell

MGMT

YES

FOR

1.09 Elect Steven R. Rogel

MGMT

YES

FOR

1.10 Elect Ernesto Zedillo

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Performance/Time-Based Restricted Shares

SHLDR

YES

FOR

AGNST

5.00 SP-Report on Political Donations and Policy

SHLDR

YES

AGNST

Union Planters Corp

UPC

908068109

6/8/2004

Annual

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect Albert M. Austin

Annual

YES

FOR

2.02 Elect George W. Bryan

MGMT

YES

FOR

2.03 Elect Robert R. Waller

MGMT

YES

FOR

2.04 Elect Spence L. Wilson

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 Adjourn Meeting

MGMT

YES

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Unisys

UIS

909214108

4/22/2004

Annual

Adviser: PIM

1.01 Elect Henry C. Duques

MGMT

YES

FOR

1.02 Elect Clayton M. Jones

MGMT

YES

FOR

1.03 Elect Theodore E. Martin

MGMT

YES

FOR

1.04 Elect Lawrence A. Weinbach

MGMT

YES

FOR

Page 188 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

United Parcel Service

UPS

911312106

5/6/2004

Annual

Adviser: PIM

1.01 Elect Calvin Darden

MGMT

YES

FOR

1.02 Elect Michael L. Eskew

MGMT

YES

FOR

1.03 Elect James P. Kelly

MGMT

YES

FOR

1.04 Elect Ann M. Livermore

MGMT

YES

FOR

1.05 Elect Gary E. MacDougal

MGMT

YES

FOR

1.06 Elect Victor A. Pelson

MGMT

YES

FOR

1.07 Elect Lea N. Soupata

MGMT

YES

FOR

1.08 Elect Robert M. Teeter

MGMT

YES

FOR

1.09 Elect John W. Thompson

MGMT

YES

FOR

1.10 Elect Carol B. Tome

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

United States Steel

912909108

4/27/2004

Annual

Adviser: PIM

1.01 Elect Robert J. Darnall

MGMT

YES

FOR

1.02 Elect Roy G. Dorrance

MGMT

YES

FOR

1.03 Elect Charles R. Lee

MGMT

YES

FOR

1.04 Elect John G. Drosdick

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 189 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

United Technologies

UTX

913017109

4/14/2004

Annual

Adviser: PIM

1.01 Elect Betsy J. Bernard

MGMT

YES

FOR

1.02 Elect George David

MGMT

YES

FOR

1.03 Elect Jean-Pierre Garnier

MGMT

YES

FOR

1.04 Elect Jamie S. Gorelick

MGMT

YES

FOR

1.05 Elect Charles R. Lee

MGMT

YES

FOR

1.06 Elect Richard D. McCormick

MGMT

YES

FOR

1.07 Elect Harold W. McGraw III

MGMT

YES

FOR

1.08 Elect Frank P. Popoff

MGMT

YES

FOR

1.09 Elect H. Patrick Swygert

MGMT

YES

FOR

1.10 Elect Andre Villeneuve

MGMT

YES

FOR

1.11 Elect Harold A. Wagner

MGMT

YES

FOR

1.12 Elect Christine Todd Whitman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Disclose Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Develop Military Contracting Criteria

SHLDR

YES

AGNST

5.00 SP-Award Performance-based Stock Options

SHLDR

YES

FOR

AGNST

6.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

UnitedHealth Group Inc

UNH

91324P102

5/12/2004

Annual

Adviser: PIM

1.01 Elect William C. Ballard Jr.

MGMT

YES

FOR

1.02 Elect Richard T. Burke

MGMT

YES

FOR

1.03 Elect Stephen J. Hemsley

MGMT

YES

FOR

1.04 Elect Donna E. Shalala

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 190 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Univision Communications Inc

UVN

914906102

5/12/2004

Annual

Adviser: PIM

1.01 Elect A. Jerrold Perenchio

MGMT

YES

FOR

1.02 Elect Fernando Aguirre

MGMT

YES

FOR

1.03 Elect Harold Gaba

MGMT

YES

FOR

1.04 Elect Alan F. Horn

MGMT

YES

FOR

1.05 Elect John G. Perenchio

MGMT

YES

FOR

1.06 Elect Ray Rodriguez

MGMT

YES

FOR

1.07 Elect McHenry T. Tichenor Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Unocal Corp

UCL

915289102

5/24/2004

Annual

Adviser: PIM

1.01 Elect Richard D. McCormick

MGMT

YES

FOR

1.02 Elect Marina v.N. Whitman

MGMT

YES

FOR

1.03 Elect Charles R. Williamson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

6.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

7.00 SP-Indep. Director-Shareholder Dialogue

SHLDR

YES

AGNST

FOR

8.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

Page 191 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

UnumProvident Corp

UNM

91529Y106

5/13/2004

Annual

Adviser: PIM

1.01 Elect Ronald E. Goldsberry

MGMT

YES

FOR

1.02 Elect Hugh O. Maclellan Jr.

MGMT

YES

FOR

1.03 Elect C. William Pollard

MGMT

YES

FOR

1.04 Elect John W. Rowe

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

6.00 SP-Indep. Director-Shareholder Dialogue

SHLDR

YES

AGNST

FOR

UST

902911106

5/4/2004

Annual

Adviser: PIM

1.01 Elect John P. Clancey

MGMT

YES

FOR

1.02 Elect Vincent A. Gierer, Jr.

MGMT

YES

FOR

1.03 Elect Joseph E. Heid

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

4.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

Page 192 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Verizon Communications

92343V104

4/28/2004

Annual

Adviser: PIM

1.01 Elect James R. Barker

MGMT

YES

FOR

1.02 Elect Richard L. Carrion

MGMT

YES

FOR

1.03 Elect Robert W. Lane

MGMT

YES

FOR

1.04 Elect Sandra O. Moose

MGMT

YES

FOR

1.05 Elect Joseph Neubauer

MGMT

YES

FOR

1.06 Elect Thomas H. O’Brien

MGMT

YES

FOR

1.07 Elect Hugh B. Price

MGMT

YES

FOR

1.08 Elect Ivan G. Seidenberg

MGMT

YES

FOR

1.09 Elect Walter V. Shipley

MGMT

YES

FOR

1.10 Elect John R. Stafford

MGMT

YES

FOR

1.11 Elect Robert D. Storey

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-Increase Board Independence

SHLDR

YES

FOR

AGNST

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

6.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

7.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

8.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

9.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

10.00 SP-Review Political Spending

SHLDR

YES

AGNST

11.00 SP-Collecting Service Fees

SHLDR

YES

AGNST

FOR

Page 193 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

VFC

918204108

4/27/2004

Annual

Adviser: PIM

1.01 Elect Edward E. Crutchfield

MGMT

YES

FOR

1.02 Elect George Fellows

MGMT

YES

FOR

1.03 Elect Daniel R. Hesse

MGMT

YES

FOR

1.04 Elect Clarence Otis Jr.

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Monitor/Adopt ILO Conventions

SHLDR

YES

AGNST

Visteon Corp

92839U107

5/12/2004

Annual

Adviser: PIM

1.01 Elect Steven K. Hamp

MGMT

YES

FOR

1.02 Elect Michael F. Johnston

MGMT

YES

FOR

1.03 Elect Karl J. Krapek

MGMT

YES

FOR

1.04 Elect Robert M. Teeter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Adopt Deferred Compensation Plan

MGMT

YES

FOR

5.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

6.00 SP-Review Global Labor Practices

SHLDR

YES

AGNST

7.00 SP-Voting Leverage

SHLDR

YES

AGNST

FOR

Vulcan Materials Co

VMC

929160109

5/14/2004

Annual

Adviser: PIM

1.01 Elect Orin R. Smith

MGMT

YES

FOR

1.02 Elect Douglas J. McGregor

MGMT

YES

FOR

1.03 Elect Donald B. Rice

MGMT

YES

FOR

1.04 Elect Vincent J. Trosino

MGMT

YES

FOR

2.00 Adopt Director Stock Award Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 194 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wachovia

929903102

4/20/2004

Annual

Adviser: PIM

1.01 Elect James S. Balloun

MGMT

YES

FOR

1.02 Elect John T. Casteen III

MGMT

YES

FOR

1.03 Elect Joseph Neubauer

MGMT

YES

FOR

1.04 Elect Lanty L. Smith

MGMT

YES

FOR

1.05 Elect Dona Davis Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Double Board Nominees

SHLDR

YES

AGNST

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

5.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

Walgreen

WAG

931422109

1/14/2004

Annual

Adviser: PIM

1.01 Elect David W. Bernauer

MGMT

YES

FOR

1.02 Elect William C. Foote

MGMT

YES

FOR

1.03 Elect James J. Howard

MGMT

YES

FOR

1.04 Elect Alan G. McNally

MGMT

YES

FOR

1.05 Elect Cordell Reed

MGMT

YES

FOR

1.06 Elect Jeffrey A. Rein

MGMT

YES

FOR

1.07 Elect David Y. Schwartz

MGMT

YES

FOR

1.08 Elect John B. Schwemm

MGMT

YES

FOR

1.09 Elect Marilou M. von Ferstel

MGMT

YES

FOR

1.10 Elect Charles R. Walgreen III

MGMT

YES

FOR

2.00 Adopt Director Stock Award Plan

MGMT

YES

AGNST

Page 195 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wal-Mart Stores

WMT

931142103

6/4/2004

Annual

Adviser: PIM

1.01 Elect James W. Breyer

MGMT

YES

FOR

1.02 Elect M. Michele Burns

MGMT

YES

FOR

1.03 Elect Thomas M. Coughlin

MGMT

YES

FOR

1.04 Elect David D. Glass

MGMT

YES

FOR

1.05 Elect Roland A. Hernandez

MGMT

YES

FOR

1.06 Elect Dawn G. Lepore

MGMT

YES

FOR

1.07 Elect John D. Opie

MGMT

YES

FOR

1.08 Elect J. Paul Reason

MGMT

YES

FOR

1.09 Elect H. Lee Scott Jr.

MGMT

YES

FOR

1.10 Elect Jack C. Shewmaker

MGMT

YES

FOR

1.11 Elect Jose H. Villarreal

MGMT

YES

FOR

1.12 Elect John T. Walton

MGMT

YES

FOR

1.13 Elect S. Robson Walton

MGMT

YES

FOR

1.14 Elect Christopher J. Williams

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

AGNST

6.00 SP-Independent Board Chairman

SHLDR

YES

FOR

AGNST

7.00 SP-Report on Sustainability

SHLDR

YES

AGNST

8.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

9.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

10.00 SP-Report on EEO

SHLDR

YES

AGNST

11.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

Page 196 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Washington Mutual

939322103

4/20/2004

Annual

Adviser: PIM

1.01 Elect Anne V. Farrell

MGMT

YES

FOR

1.02 Elect Stephen E. Frank

MGMT

YES

FOR

1.03 Elect Margaret G. Osmer-McQuade

MGMT

YES

FOR

1.04 Elect William D. Schulte

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Implement Executive Compensation Plan

SHLDR

YES

FOR

AGNST

Waste Management Inc

WMI

94106L109

5/14/2004

Annual

Adviser: PIM

1.01 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.02 Elect Frank M. Clark Jr.

MGMT

YES

FOR

1.03 Elect Robert Stevens Miller Jr.

MGMT

YES

FOR

1.04 Elect A. Maurice Myers

MGMT

YES

FOR

1.05 Elect John C. Pope

MGMT

YES

FOR

1.06 Elect W. Robert Reum

MGMT

YES

FOR

1.07 Elect Steven G. Rothmeier

MGMT

YES

FOR

1.08 Elect David P. Steiner

MGMT

YES

FOR

1.09 Elect Carl W. Vogt

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 197 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Waters

WAT

941848103

5/4/2004

Annual

Adviser: PIM

1.01 Elect Douglas A. Berthiaume

MGMT

YES

FOR

1.02 Elect Joshua Bekenstein

MGMT

YES

FOR

1.03 Elect Michael J. Berendt

MGMT

YES

FOR

1.04 Elect Phillip Caldwell

MGMT

YES

FOR

1.05 Elect Edward Conard

MGMT

YES

FOR

1.06 Elect Laurie H. Glimcher

MGMT

YES

FOR

1.07 Elect William J. Miller

MGMT

YES

FOR

1.08 Elect Thomas P. Salice

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

5/17/2004

Annual

Adviser: PIM

1.01 Elect Allen Y. Chao

MGMT

YES

FOR

1.02 Elect Michel J. Feldman

MGMT

YES

FOR

1.03 Elect Fred G. Weiss

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

WellPoint Health Networks

WLP

94973H108

6/28/2004

Special

Adviser: PIM

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Page 198 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wells Fargo

WFC

949746101

4/27/2004

Annual

Adviser: PIM

1.01 Elect John A. Blanchard III

MGMT

YES

FOR

1.02 Elect Susan E. Engel

MGMT

YES

FOR

1.03 Elect Enrique Hernandez Jr.

MGMT

YES

FOR

1.04 Elect Robert L. Joss

MGMT

YES

FOR

1.05 Elect Reatha Clark King

MGMT

YES

FOR

1.06 Elect Richard M. Kovacevich

MGMT

YES

FOR

1.07 Elect Richard D. McCormick

MGMT

YES

FOR

1.08 Elect Cynthia H. Milligan

MGMT

YES

FOR

1.09 Elect Philip J. Quigley

MGMT

YES

FOR

1.10 Elect Donald B. Rice

MGMT

YES

FOR

1.11 Elect Judith M. Runstad

MGMT

YES

FOR

1.12 Elect Stephen W. Sanger

MGMT

YES

FOR

1.13 Elect Susan G. Swenson

MGMT

YES

FOR

1.14 Elect Michael W. Wright

MGMT

YES

FOR

2.00 Approve Savings Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

7.00 SP-Review Political Spending

SHLDR

YES

AGNST

Wendy’s International

WEN

950590109

4/22/2004

Annual

Adviser: PIM

1.01 Elect Janet Hill

MGMT

YES

FOR

1.02 Elect Paul D. House

MGMT

YES

FOR

1.03 Elect John R. Thompson

MGMT

YES

FOR

1.04 Elect J. Randolph Lewis

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 199 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Westar Energy Inc

95709T100

5/18/2004

Annual

Adviser: PIM

1.01 Elect B. Anthony Isaac

MGMT

YES

FOR

1.02 Elect Michael F. Morrissey

MGMT

YES

FOR

1.03 Elect John C. Nettels Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Equal Access to the Proxy

SHLDR

YES

FOR

AGNST

Weyerhaeuser

962166104

4/13/2004

Annual

Adviser: PIM

1.01 Elect Steven R. Rogel

MGMT

YES

FOR

1.02 Elect William D. Ruckelshaus

MGMT

YES

FOR

1.03 Elect Richard H. Sinkfield

MGMT

YES

FOR

1.04 Elect James N. Sullivan

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Repeal Classified Board

MGMT

YES

FOR

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

5.00 SP-Restrict Executive Compensation

SHLDR

YES

FOR

AGNST

6.00 SP-Report or Take Action on Climate Change

SHLDR

YES

AGNST

7.00 SP-Preserve/Report on Natural Habitat

SHLDR

YES

AGNST

8.00 Ratify Selection of Auditors

MGMT

YES

FOR

Whirlpool

WHR

963320106

4/20/2004

Annual

Adviser: PIM

1.01 Elect Allan D. Gilmour

MGMT

YES

FOR

1.02 Elect Michael F. Johnston

MGMT

YES

FOR

1.03 Elect Janice D. Stoney

MGMT

YES

FOR

1.04 Elect David R. Whitwam

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

Page 200 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Williams Cos Inc

WMB

969457100

5/20/2004

Annual

Adviser: PIM

1.01 Elect Charles M. Lillis

MGMT

YES

FOR

1.02 Elect Wiliam G. Lowrie

MGMT

YES

FOR

1.03 Elect Joseph H. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Winn-Dixie Stores

WIN

974280109

10/8/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Worthington Industries

WOR

981811102

9/25/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Wrigley (Wm.) Jr.

WWY

982526105

3/9/2004

Annual

Adviser: PIM

1.01 Elect Thomas A. Knowlton

MGMT

YES

FOR

1.02 Elect Steven B. Sample

MGMT

YES

FOR

1.03 Elect Alex Shumate

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 201 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wyeth

WYE

983024100

4/22/2004

Annual

Adviser: PIM

1.01 Elect Clifford L. Alexander Jr.

MGMT

YES

FOR

1.02 Elect Frank A. Bennack Jr.

MGMT

YES

FOR

1.03 Elect Richard L. Carrion

MGMT

YES

FOR

1.04 Elect Robert Essner

MGMT

YES

FOR

1.05 Elect John D. Feerick

MGMT

YES

FOR

1.06 Elect Robert S. Langer

MGMT

YES

FOR

1.07 Elect John P. Mascotte

MGMT

YES

FOR

1.08 Elect Mary Lake Polan

MGMT

YES

FOR

1.09 Elect Ivan G. Seidenberg

MGMT

YES

FOR

1.10 Elect Walter V. Shipley

MGMT

YES

FOR

1.11 Elect John R. Torell III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

4.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

Xcel Energy Inc

XEL

98389B100

5/20/2004

Annual

Adviser: PIM

1.00 Repeal Classified Board

MGMT

YES

FOR

2.01 Elect David A. Christensen

MGMT

YES

FOR

2.02 Elect Margaret R. Preska

MGMT

YES

FOR

2.03 Elect W. Thomas Stephens

MGMT

YES

FOR

2.04 Elect Richard H. Anderson

MGMT

YES

FOR

2.05 Elect Robert C. Kelly

MGMT

YES

FOR

2.06 Elect Ralph R. Peterson

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

AGNST

Page 202 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Xerox Corp

XRX

984121103

5/20/2004

Annual

Adviser: PIM

1.01 Elect Glenn A. Britt

MGMT

YES

FOR

1.02 Elect Richard J. Harrington

MGMT

YES

FOR

1.03 Elect William Curt Hunter

MGMT

YES

FOR

1.04 Elect Vernon E. Jordan Jr.

MGMT

YES

FOR

1.05 Elect Hilmar Kopper

MGMT

YES

FOR

1.06 Elect Ralph S. Larsen

MGMT

YES

FOR

1.07 Elect Anne M. Mulcahy

MGMT

YES

FOR

1.08 Elect N. J. Nicholas, Jr.

MGMT

YES

FOR

1.09 Elect John E. Pepper, Jr.

MGMT

YES

FOR

1.10 Elect Ann N. Reese

MGMT

YES

FOR

1.11 Elect Stephen Robert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

Xilinx

XLNX

983919101

8/7/2003

Annual

Adviser: PIM

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

AGNST

XL Capital Ltd.

G98255105

4/30/2004

Annual

Adviser: PIM

1.01 Elect John Loudon

MGMT

YES

FOR

1.02 Elect Robert S. Parker

MGMT

YES

FOR

1.03 Elect Alan Z. Senter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 203 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Yahoo Inc

YHOO

984332106

5/21/2004

Annual

Adviser: PIM

1.01 Elect Terry S. Semel

MGMT

YES

FOR

1.02 Elect Jerry Yang

MGMT

YES

FOR

1.03 Elect Roy J. Bostock

MGMT

YES

FOR

1.04 Elect Ronald W. Burkle

MGMT

YES

FOR

1.05 Elect Eric Hippeau

MGMT

YES

FOR

1.06 Elect Arthur H. Kern

MGMT

YES

FOR

1.07 Elect Robert A. Kotick

MGMT

YES

FOR

1.08 Elect Edward R. Kozel

MGMT

YES

FOR

1.09 Elect Gary L. Wilson

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Expense Stock Options

SHLDR

YES

FOR

AGNST

Yum Brands Inc

YUM

988498101

5/20/2004

Annual

Adviser: PIM

1.01 Elect Robert J. Holland Jr.

MGMT

YES

FOR

1.02 Elect David C. Novak

MGMT

YES

FOR

1.03 Elect Jackie Trujilo

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Review or Reduce Tobacco Harm to Health

SHLDR

YES

AGNST

5.00 SP-Report on Sustainability

SHLDR

YES

AGNST

6.00 SP-Urge MacBride on Contractor/Franchisee

SHLDR

YES

AGNST

7.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

8.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

Zimmer Holdings

ZMH

98956P102

5/10/2004

Annual

Adviser: PIM

1.01 Elect Larry C. Glasscock

MGMT

YES

FOR

1.02 Elect John L. McGoldrick

MGMT

YES

FOR

2.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

3.00 SP-Shareholder Approval of Auditors

SHLDR

YES

FOR

AGNST

Page 204 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: DRYDEN ACTIVE BALANCED FUND (EQUITY)

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Zions Bancorporation

ZION

989701107

4/30/2004

Annual

Adviser: PIM

1.01 Elect Roger B. Porter

MGMT

YES

FOR

1.02 Elect L. E. Simmons

MGMT

YES

FOR

1.03 Elect Steven C. Wheelwright

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 205 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: Jennison Equity Opportunity Fund #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Agilent Technologies

00846U101

3/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect James G. Cullen

MGMT

YES

FOR

1.02 Elect Robert L. Joss

MGMT

YES

FOR

1.03 Elect Walter B. Hewlett

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Amerada Hess

AHC

023551104

5/5/2004

Annual

Adviser: Jennison Associates

1.01 Elect Nicholas F. Brady

MGMT

YES

FOR

1.02 Elect J. Barclay Collins II

MGMT

YES

FOR

1.03 Elect Thomas H. Kean

MGMT

YES

FOR

1.04 Elect Frank A. Olson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 SP-Indep. Director-Shareholder Dialogue

SHLDR

YES

AGNST

FOR

Page 206 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

AMR Corp

AMR

001765106

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Gerard J. Arpey

MGMT

YES

FOR

1.02 Elect John W. Bachmann

MGMT

YES

FOR

1.03 Elect David L. Boren

MGMT

YES

FOR

1.04 Elect Edward A. Brennan

MGMT

YES

FOR

1.05 Elect Armando M. Codina

MGMT

YES

FOR

1.06 Elect Earl G. Graves Sr.

MGMT

YES

FOR

1.07 Elect Ann McLaughlin Korologos

MGMT

YES

FOR

1.08 Elect Michael A. Miles

MGMT

YES

FOR

1.09 Elect Philip J. Purcell

MGMT

YES

FOR

1.10 Elect Joseph M. Rodgers

MGMT

YES

FOR

1.11 Elect Judith Rodin

MGMT

YES

FOR

1.12 Elect Roger T. Staubach

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Affirm Political Nonpartisanship

SHLDR

YES

AGNST

FOR

4.00 SP-Golden Parachutes

SHLDR

YES

AGNST

FOR

Apogent Technologies

AOT

03760A101

1/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Mary G. Puma

MGMT

YES

FOR

1.02 Elect Simon B. Rich Jr.

MGMT

YES

FOR

1.03 Elect Joe L. Roby

MGMT

YES

FOR

1.04 Elect Kenneth F. Yontz

MGMT

YES

FOR

Arch Coal

ACI

039380100

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Steven F. Leer

MGMT

YES

FOR

1.02 Elect Robert G. Potter

MGMT

YES

FOR

1.03 Elect Theodore D. Sands

MGMT

YES

FOR

Page 207 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bank Of New York

064057102

4/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.02 Elect Nicholas M. Donofrio

MGMT

YES

FOR

1.03 Elect Alan R. Griffith

MGMT

YES

FOR

1.04 Elect Gerald L. Hassell

MGMT

YES

FOR

1.05 Elect Richard J. Kogan

MGMT

YES

FOR

1.06 Elect Michael J. Kowalski

MGMT

YES

FOR

1.07 Elect John A. Luke Jr.

MGMT

YES

FOR

1.08 Elect John C. Malone

MGMT

YES

FOR

1.09 Elect Paul Myners

MGMT

YES

FOR

1.10 Elect Robert C. Pozen

MGMT

YES

FOR

1.11 Elect Catherine A. Rein

MGMT

YES

FOR

1.12 Elect Thomas A. Renyi

MGMT

YES

FOR

1.13 Elect William C. Richardson

MGMT

YES

FOR

1.14 Elect Brian L. Roberts

MGMT

YES

FOR

1.15 Elect Samuel C. Scott III

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

5.00 Implement Executive Compensation Plan

SHLDR

YES

AGNST

FOR

6.00 SP-Increase Risk Committee Independence

SHLDR

YES

AGNST

FOR

7.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Page 208 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Bank One Corp

ONE

06423A103

5/25/2004

Annual

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

2.01 Elect John H. Bryan

MGMT

YES

FOR

2.02 Elect Stephen B. Burke

MGMT

YES

FOR

2.03 Elect James S. Crown

MGMT

YES

FOR

2.04 Elect James Dimon

MGMT

YES

FOR

2.05 Elect Maureen A. Fay

MGMT

YES

FOR

2.06 Elect Laban P. Jackson, Jr.

MGMT

YES

FOR

2.07 Elect John W. Kessler

MGMT

YES

FOR

2.08 Elect Robert I. Lipp

MGMT

YES

FOR

2.09 Elect Richard A. Manoogian

MGMT

YES

FOR

2.10 Elect David C. Novak

MGMT

YES

FOR

2.11 Elect John W. Rogers Jr.

MGMT

YES

FOR

2.12 Elect Frederick P. Stratton Jr.

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Barrick Gold

ABX

0028369

4/22/2004

Annual

Adviser: Jennison Associates

1.00 Elect Howard Beck

MGMT

YES

FOR

2.00 Elect C. William D. Birchall

MGMT

YES

FOR

3.00 Elect Gustavo A. Cisneros

MGMT

YES

FOR

4.00 Elect Marshall A. Cohen

MGMT

YES

FOR

5.00 Elect Peter A. Crossgrove

MGMT

YES

FOR

6.00 Elect Peter C. Godsoe

MGMT

YES

FOR

7.00 Elect Angus A. MacNaughton

MGMT

YES

FOR

8.00 Elect M. Brian Mulroney

MGMT

YES

FOR

9.00 Elect Anthony Munk

MGMT

YES

FOR

10.00 Elect Peter Munk

MGMT

YES

FOR

11.00 Elect Joseph L. Rotman

MGMT

YES

FOR

12.00 Elect Jack E. Thompson

MGMT

YES

FOR

13.00 Elect Gregory C. Wilkins

MGMT

YES

FOR

14.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

15.00 Approve Stock Option Plan

MGMT

YES

FOR

Page 209 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

BearingPoint

074002106

11/4/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

Boise Cascade

BCC

097383103

12/9/2003

Special

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

Boise Cascade

BCC

097383103

4/15/2004

Annual

Adviser: Jennison Associates

1.01 Elect Claire S. Farley

MGMT

YES

FOR

1.02 Elect Rakesh Gangwal

MGMT

YES

FOR

1.03 Elect Gary G. Michael

MGMT

YES

FOR

1.04 Elect A. William Reynolds

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

Bristol-Myers Squibb

BMY

110122108

5/4/2004

Annual

Adviser: Jennison Associates

1.01 Elect Peter R. Dolan

MGMT

YES

FOR

1.02 Elect Louis V. Gerstner Jr.

MGMT

YES

FOR

1.03 Elect Leif Johansson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

4.00 SP-Limit or End Political Spending

SHLDR

YES

AGNST

FOR

5.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

6.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

FOR

7.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

AGNST

FOR

Page 210 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Cambrex

CBM

132011107

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Rosina B. Dixon

MGMT

YES

FOR

1.02 Elect Roy W. Haley

MGMT

YES

FOR

1.03 Elect Leon J. Hendrix Jr.

MGMT

YES

FOR

1.04 Elect Ilan Kaufthal

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ceridian Corp

CEN

156779100

5/12/2004

Annual

Adviser: Jennison Associates

1.01 Elect William J. Cadogan

MGMT

YES

FOR

1.02 Elect Nicholas D. Chabraja

MGMT

YES

FOR

1.03 Elect Robert H. Ewald

MGMT

YES

FOR

1.04 Elect Ronald T. LeMay

MGMT

YES

FOR

1.05 Elect George R. Lewis

MGMT

YES

FOR

1.06 Elect Ronald L. Turner

MGMT

YES

FOR

1.07 Elect Carole J. Uhrich

MGMT

YES

WHOLD

AGNST

1.08 Elect Alan F. White

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

CONSOL Energy

CNX

20854P109

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect John L. Whitmire

MGMT

YES

FOR

1.02 Elect J. Brett Harvey

MGMT

YES

FOR

1.03 Elect James E. Altmeyer

MGMT

YES

FOR

1.04 Elect Philip W. Baxter

MGMT

YES

FOR

1.05 Elect William E. Davis

MGMT

YES

FOR

1.06 Elect Raj K. Gupta

MGMT

YES

FOR

1.07 Elect Patricia A. Hammick

MGMT

YES

FOR

1.08 Elect William P. Powell

MGMT

YES

FOR

1.09 Elect Joseph T. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 211 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Costco Wholesale

COST

22160K105

1/29/2004

Annual

Adviser: Jennison Associates

1.01 Elect Benjamin S. Carson

MGMT

YES

FOR

1.02 Elect Hamilton E. James

MGMT

YES

FOR

1.03 Elect Jill A. Ruckelshaus

MGMT

YES

FOR

1.04 Elect William H. Gates

MGMT

YES

FOR

1.05 Elect Daniel J. Evans

MGMT

YES

FOR

2.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

3.00 Report On Land Development Policy

SHLDR

YES

AGNST

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

CSX

126408103

5/5/2004

Annual

Adviser: Jennison Associates

1.01 Elect Elizabeth E. Bailey

MGMT

YES

FOR

1.02 Elect Robert L. Burrus, Jr.

MGMT

YES

FOR

1.03 Elect Edward J. Kelly III

MGMT

YES

FOR

1.04 Elect Robert D. Kunisch

MGMT

YES

FOR

1.05 Elect Southwood J. Morcott

MGMT

YES

FOR

1.06 Elect David M. Ratcliffe

MGMT

YES

FOR

1.07 Elect Charles E. Rice

MGMT

YES

FOR

1.08 Elect William C. Richardson

MGMT

YES

FOR

1.09 Elect Frank S. Royal

MGMT

YES

FOR

1.10 Elect Donald J. Shepard

MGMT

YES

FOR

1.11 Elect Michael J. Ward

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

5.00 SP-Golden Parachutes

SHLDR

YES

AGNST

FOR

Page 212 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

DIRECTV Group Inc

DTV

25459L106

6/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect K. Rupert Murdoch

MGMT

YES

FOR

1.02 Elect Neil R. Austrian

MGMT

YES

FOR

1.03 Elect Charles R. Lee

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Doubleclick

DCLK

258609304

6/7/2004

Annual

Adviser: Jennison Associates

1.01 Elect Thomas S. Murphy

MGMT

YES

FOR

1.02 Elect Mark E. Nunnelly

MGMT

YES

FOR

1.03 Elect Kevin J. O’Connor

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

FMC Technologies

FTI

30249U101

4/21/2004

Annual

Adviser: Jennison Associates

1.01 Elect Asbjorn Larsen

MGMT

YES

FOR

1.02 Elect Joseph H. Netherland

MGMT

YES

FOR

1.03 Elect James R. Thompson Jr.

MGMT

YES

FOR

General Motors

370442832

10/3/2003

Annual

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

Page 213 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Goodrich

382388106

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Diane C. Creel

MGMT

YES

FOR

1.02 Elect George A. Davidson Jr.

MGMT

YES

FOR

1.03 Elect Harris E. DeLoach Jr.

MGMT

YES

FOR

1.04 Elect James J. Glasser

MGMT

YES

FOR

1.05 Elect James W. Griffith

MGMT

YES

FOR

1.06 Elect William R. Holland

MGMT

YES

FOR

1.07 Elect Marshall O. Larsen

MGMT

YES

FOR

1.08 Elect Douglas E. Olesen

MGMT

YES

FOR

1.09 Elect Alfred M. Rankin Jr.

MGMT

YES

FOR

1.10 Elect James R. Wilson

MGMT

YES

FOR

1.11 Elect A. Thomas Young

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Great Lakes Chemical

GLK

390568103

5/6/2004

Annual

Adviser: Jennison Associates

1.01 Elect James W. Crownover

MGMT

YES

FOR

1.02 Elect Louis E. Lataif

MGMT

YES

FOR

1.03 Elect Mack G. Nichols

MGMT

YES

FOR

2.00 SP-Study Sale or Spin-off

SHLDR

YES

AGNST

FOR

Page 214 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Halliburton Co

HAL

406216101

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Robert L. Crandall

MGMT

YES

FOR

1.02 Elect Kenneth T. Derr

MGMT

YES

FOR

1.03 Elect Charles J. DiBona

MGMT

YES

FOR

1.04 Elect William R. Howell

MGMT

YES

FOR

1.05 Elect Ray L. Hunt

MGMT

YES

FOR

1.06 Elect David J. Lesar

MGMT

YES

FOR

1.07 Elect Aylwin B. Lewis

MGMT

YES

FOR

1.08 Elect J. Landis Martin

MGMT

YES

FOR

1.09 Elect Jay A. Precourt

MGMT

YES

FOR

1.10 Elect Debra L. Reed

MGMT

YES

FOR

1.11 Elect C. J. Silas

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 SP-Report on Ties to State Sponsors of Terror

SHLDR

YES

AGNST

FOR

4.00 SP-Require Majority Vote to Elect Directors

SHLDR

YES

FOR

AGNST

5.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

Harmony Gold Mining

#Null#

6410562

9/1/2003

Annual

Adviser: Jennison Associates

1.00 Increase Authorized Capital

MGMT

YES

FOR

2.00 Approve Merger/Acquisition

MGMT

YES

FOR

3.00 Issue Stock w/ or w/o Preemptive Rights

MGMT

YES

AGNST

4.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGNST

5.00 Authorize Legal Formalities

MGMT

YES

FOR

Harmony Gold Mining

#Null#

4410564

5/7/2004

Annual

Adviser: Jennison Associates

1.00 Issue Convertible Debt Instruments

MGMT

YES

FOR

2.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

3.00 Issue Stock w/o Preemptive Rights

MGMT

YES

FOR

4.00 Authorize Legal Formalities

MGMT

YES

FOR

Page 215 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Harris

HRS

413875105

10/24/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Hewitt Associates

HEW

42822Q100

1/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael Greenlees

MGMT

YES

FOR

1.02 Elect James P. Kelly

MGMT

YES

FOR

1.03 Elect Steven P. Stanbrook

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Interpublic Group of Cos

IPG

460690100

5/18/2004

Annual

Adviser: Jennison Associates

1.01 Elect David A. Bell

MGMT

YES

FOR

1.02 Elect Frank J. Borelli

MGMT

YES

FOR

1.03 Elect Reginald K. Brack Jr.

MGMT

YES

FOR

1.04 Elect Jill M. Considine

MGMT

YES

FOR

1.05 Elect Christopher J. Coughlin

MGMT

YES

FOR

1.06 Elect John J. Dooner Jr.

MGMT

YES

FOR

1.07 Elect Richard A. Goldstein

MGMT

YES

FOR

1.08 Elect H. John Greeniaus

MGMT

YES

FOR

1.09 Elect Michael I. Roth

MGMT

YES

FOR

1.10 Elect J. Phillip Samper

MGMT

YES

WHOLD

AGNST

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review or Implement MacBride Principles

SHLDR

YES

AGNST

FOR

Page 216 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Janus Capital Group Inc

JNS

47102X105

5/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect G. Andrew Cox

MGMT

YES

FOR

1.02 Elect James P. Craig

MGMT

YES

FOR

1.03 Elect Deborah R. Gatzek

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Kimberly-Clark

KMB

494368103

4/29/2004

Annual

Adviser: Jennison Associates

1.01 Elect Pastora San Juan Cafferty

MGMT

YES

FOR

1.02 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.03 Elect Linda Johnson Rice

MGMT

YES

FOR

1.04 Elect Marc J. Shapiro

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

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

Kroger Co

501044101

6/24/2004

Annual

Adviser: Jennison Associates

1.01 Elect John L. Clendenin

MGMT

YES

FOR

1.02 Elect David B. Dillon

MGMT

YES

FOR

1.03 Elect David B. Lewis

MGMT

YES

FOR

1.04 Elect Don W. McGeorge

MGMT

YES

FOR

1.05 Elect W. Rodney McMullen

MGMT

YES

FOR

1.06 Elect Susan M. Phillips

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

5.00 SP-Golden Parachutes

SHLDR

YES

AGNST

FOR

Page 217 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Limited Brands Inc

LTD

532716107

5/17/2004

Annual

Adviser: Jennison Associates

1.01 Elect Eugene M. Freedman

MGMT

YES

FOR

1.02 Elect V. Ann Hailey

MGMT

YES

FOR

1.03 Elect David T. Kollat

MGMT

YES

FOR

1.04 Elect Leslie H. Wexner

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

Linens ‘n’ Things

LIN

535679104

5/6/2004

Annual

Adviser: Jennison Associates

1.01 Elect Stanley P. Goldstein

MGMT

YES

FOR

1.02 Elect Robert J. Kamerschen

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

AGNST

Page 218 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lockheed Martin

LMT

539830109

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect E.C. Aldridge, Jr.

MGMT

YES

FOR

1.02 Elect Nolan D. Archibald

MGMT

YES

FOR

1.03 Elect Norman R. Augustine

MGMT

YES

FOR

1.04 Elect Marcus C. Bennett

MGMT

YES

FOR

1.05 Elect Vance D. Coffman

MGMT

YES

FOR

1.06 Elect Gwendolyn S. King

MGMT

YES

FOR

1.07 Elect Douglas H. McCorkindale

MGMT

YES

FOR

1.08 Elect Eugene F. Murphy

MGMT

YES

FOR

1.09 Elect Joseph W. Ralston

MGMT

YES

FOR

1.10 Elect Frank Savage

MGMT

YES

FOR

1.11 Elect Anne Stevens

MGMT

YES

FOR

1.12 Elect Robert J. Stevens

MGMT

YES

FOR

1.13 Elect James R. Ukropina

MGMT

YES

FOR

1.14 Elect Douglas C. Yearley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Disclose Prior Government Service

SHLDR

YES

AGNST

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

AGNST

FOR

5.00 SP-Limit Consulting by Auditors

SHLDR

YES

AGNST

FOR

6.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

FOR

Manpower

MAN

56418H100

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Stephanie A. Burns

MGMT

YES

FOR

1.02 Elect Willie D. Davis

MGMT

YES

FOR

1.03 Elect Jack M. Greenberg

MGMT

YES

FOR

1.04 Elect Terry A. Hueneke

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 219 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Maytag Corp

MYG

578592107

5/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect Wayland R. Hicks

MGMT

YES

FOR

1.02 Elect James A. McCaslin

MGMT

YES

FOR

1.03 Elect W. Ann Reynolds

MGMT

YES

FOR

1.04 Elect Fred G. Steingraber

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Eliminate Supermajority Requirement

MGMT

YES

FOR

5.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

6.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

FOR

AGNST

MeadWestvaco

MWV

583334107

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect William E. Hoglund

MGMT

YES

FOR

1.02 Elect Douglas S. Luke

MGMT

YES

FOR

1.03 Elect Robert C. McCormack

MGMT

YES

FOR

1.04 Elect Jane L. Warner

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Medco Health Solutions

MHS

58405U102

4/21/2004

Annual

Adviser: Jennison Associates

1.01 Elect David B. Snow, Jr.

MGMT

YES

FOR

1.02 Elect Howard W. Barker Jr.

MGMT

YES

FOR

1.03 Elect Brian L. Strom

MGMT

YES

WHOLD

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 220 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

MedImmune Inc

MEDI

584699102

5/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect Wayne T. Hockmeyer

MGMT

YES

FOR

1.02 Elect David M. Mott

MGMT

YES

FOR

1.03 Elect David Baltimore

MGMT

YES

FOR

1.04 Elect M. James Barrett

MGMT

YES

FOR

1.05 Elect Melvin D. Booth

MGMT

YES

FOR

1.06 Elect James H. Cavanaugh

MGMT

YES

FOR

1.07 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.08 Elect Gordon S. Macklin

MGMT

YES

FOR

1.09 Elect Elizabeth Wyatt

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Mellon Financial

MEL

58551A108

4/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect Jared L. Cohon

MGMT

YES

FOR

1.02 Elect Ira J. Gumberg

MGMT

YES

FOR

1.03 Elect Martin G. McGuinn

MGMT

YES

FOR

1.04 Elect David S. Shapira

MGMT

YES

FOR

1.05 Elect John P. Surma

MGMT

YES

FOR

1.06 Elect Edward J. McAniff

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 221 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Mentor Graphics Corp

MENT

587200106

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Peter Bonfield

MGMT

YES

FOR

1.02 Elect Marsha B. Congdon

MGMT

YES

FOR

1.03 Elect James R. Fiebiger

MGMT

YES

FOR

1.04 Elect Gregory K. Hinckley

MGMT

YES

FOR

1.05 Elect Kevin C. McDonough

MGMT

YES

FOR

1.06 Elect Patrick B. McManus

MGMT

YES

FOR

1.07 Elect Walden C. Rhines

MGMT

YES

FOR

1.08 Elect Fontaine K. Richardson

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

5.00 Increase Authorized Common Stock

MGMT

YES

FOR

Merck

MRK

589331107

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Peter C. Wendell

MGMT

YES

FOR

1.02 Elect William G. Bowen

MGMT

YES

FOR

1.03 Elect William M. Daley

MGMT

YES

FOR

1.04 Elect Thomas E. Shenk

MGMT

YES

FOR

1.05 Elect Wendell P. Weeks

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Develop Ethical Criteria for Patent Extension

SHLDR

YES

AGNST

FOR

6.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

FOR

7.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

8.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

FOR

Page 222 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote
Cast

For/Agnst

Mgmt

Merrill Lynch

MER

590188108

4/23/2004

Annual

Adviser: Jennison Associates

1.01 Elect David K. Newbigging

MGMT

YES

FOR

1.02 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

Microsoft

MSFT

594918104

11/11/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

4.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

FOR

Motorola

MOT

620076109

5/3/2004

Annual

Adviser: Jennison Associates

1.01 Elect Edward J. Zander

MGMT

YES

FOR

1.02 Elect H. Laurance Fuller

MGMT

YES

FOR

1.03 Elect Judy C. Lewent

MGMT

YES

FOR

1.04 Elect Walter E. Massey

MGMT

YES

FOR

1.05 Elect Nicholas Negroponte

MGMT

YES

FOR

1.06 Elect Indra K. Nooyi

MGMT

YES

FOR

1.07 Elect John E. Pepper Jr.

MGMT

YES

FOR

1.08 Elect Samuel C. Scott III

MGMT

YES

FOR

1.09 Elect Douglas A. Warner III

MGMT

YES

FOR

1.10 Elect John A. White

MGMT

YES

FOR

1.11 Elect Mike S. Zafirovski

MGMT

YES

FOR

2.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 223 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

National Financial Partners

NFP

63607P208

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Stephanie W. Abramson

MGMT

YES

FOR

1.02 Elect Arthur S. Ainsberg

MGMT

YES

FOR

1.03 Elect Marc E. Becker

MGMT

YES

FOR

1.04 Elect Jessica M. Bibliowicz

MGMT

YES

FOR

1.05 Elect Matthew Goldstein

MGMT

YES

FOR

1.06 Elect Shari Loessberg

MGMT

YES

FOR

1.07 Elect Marc J. Rowan

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

National-Oilwell Inc

NOI

637071101

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Roger L. Jarvis

MGMT

YES

FOR

1.02 Elect Merill A. Miller, Jr.

MGMT

YES

FOR

1.03 Elect Frederick W. Pheasey

MGMT

YES

FOR

Navistar International

NAV

63934E108

2/17/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael N. Hammes

MGMT

YES

FOR

1.02 Elect James H. Keyes

MGMT

YES

FOR

1.03 Elect Southwood J. Morcott

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Network Associates Inc

NET

640938106

5/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Robert M. Dutkowsky

MGMT

YES

FOR

1.02 Elect Denis O’Leary

MGMT

YES

FOR

1.03 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

Page 224 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Northrop Grumman Corp

NOC

666807102

5/18/2004

Annual

Adviser: Jennison Associates

1.01 Elect Lewis W. Coleman

MGMT

YES

FOR

1.02 Elect J. Michael Cook

MGMT

YES

FOR

1.03 Elect Phillip A. Odeen

MGMT

YES

FOR

1.04 Elect Aulana L. Peters

MGMT

YES

FOR

1.05 Elect Kevin W. Sharer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Military Contracting Criteria

SHLDR

YES

AGNST

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Olin

OLN

680665205

4/29/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael Coleman

MGMT

YES

FOR

1.02 Elect Donald W. Griffin

MGMT

YES

FOR

1.03 Elect Randall W. Larrimore

MGMT

YES

FOR

1.04 Elect Anthony W. Ruggiero

MGMT

YES

FOR

1.05 Elect Philip J. Schulz

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Overnite

OVNT

690322102

6/24/2004

Annual

Adviser: Jennison Associates

1.01 Elect Thomas N. Allen

MGMT

YES

FOR

1.02 Elect Thomas J. Donohue, Jr.

MGMT

YES

FOR

1.03 Elect Charles H. Foster Jr.

MGMT

YES

FOR

1.04 Elect Patrick D. Hanley

MGMT

YES

FOR

1.05 Elect Michael D. Jordan

MGMT

YES

FOR

1.06 Elect Harold D. Marshall

MGMT

YES

FOR

1.07 Elect George J. Matkov, Jr.

MGMT

YES

FOR

1.08 Elect Leo H. Suggs

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 225 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

PeopleSoft

PSFT

712713106

3/25/2004

Annual

Adviser: Jennison Associates

1.01 Elect A. George Battle

MGMT

YES

FOR

1.02 Elect Craig A. Conway

MGMT

YES

FOR

1.03 Elect Frank J. Fanzilli Jr.

MGMT

YES

FOR

1.04 Elect Cyril J. Yansouni

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Page 226 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Pfizer

PFE

717081103

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael S. Brown

MGMT

YES

FOR

1.02 Elect M. Anthony Burns

MGMT

YES

FOR

1.03 Elect Robert N. Burt

MGMT

YES

FOR

1.04 Elect W. Don Cornwell

MGMT

YES

FOR

1.05 Elect William H. Gray III

MGMT

YES

FOR

1.06 Elect Constance J. Horner

MGMT

YES

FOR

1.07 Elect William R. Howell

MGMT

YES

FOR

1.08 Elect Stanley O. Ikenberry

MGMT

YES

FOR

1.09 Elect George A. Lorch

MGMT

YES

FOR

1.10 Elect Henry A. McKinnell Jr.

MGMT

YES

FOR

1.11 Elect Dana G. Mead

MGMT

YES

FOR

1.12 Elect Franklin D. Raines

MGMT

YES

FOR

1.13 Elect Ruth J. Simmons

MGMT

YES

FOR

1.14 Elect William C. Steere Jr.

MGMT

YES

FOR

1.15 Elect Jean-Paul Valles

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

FOR

5.00 SP-Limit or End Political Spending

SHLDR

YES

AGNST

FOR

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

7.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

8.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

FOR

9.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

10.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

FOR

Page 227 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Pinnacle West Capital

PNW

723484101

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Roy A. Herberger, Jr.

MGMT

YES

FOR

1.02 Elect Humberto S. Lopez

MGMT

YES

FOR

1.03 Elect Kathryn L. Munro

MGMT

YES

FOR

1.04 Elect William L. Stewart

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

FOR

Polo Ralph Lauren -Cl A

731572103

8/14/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Principal Financial Group Inc

PFG

74251V102

5/18/2004

Annual

Adviser: Jennison Associates

1.01 Elect David J. Drury

MGMT

YES

FOR

1.02 Elect C. Daniel Gelatt

MGMT

YES

FOR

1.03 Elect Sandra L. Helton

MGMT

YES

FOR

1.04 Elect Federico F. Pena

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 228 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Radio One

ROIAK

75040P405

5/26/2004

Annual

Adviser: Jennison Associates

1.01 Elect Brian R. McNeill

MGMT

YES

AGNST

1.02 Elect Terry L. Jones

MGMT

YES

AGNST

2.01 Elect Catherine L. Hughes

MGMT

YES

AGNST

2.02 Elect Alfred C. Liggins III

MGMT

YES

AGNST

2.03 Elect D. Geoffrey Armstrong

MGMT

YES

AGNST

2.04 Elect L. Ross Love

MGMT

YES

AGNST

2.05 Elect Ronald E. Blaylock

MGMT

YES

AGNST

3.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

AGNST

Rowan

RDC

779382100

4/23/2004

Annual

Adviser: Jennison Associates

1.01 Elect William T. Fox III

MGMT

YES

FOR

1.02 Elect Graham Hearne

MGMT

YES

FOR

1.03 Elect H. E. Lentz Jr.

MGMT

YES

FOR

1.04 Elect P. Dexter Peacock

MGMT

YES

FOR

SBC Communications

SBC

78387G103

4/30/2004

Annual

Adviser: Jennison Associates

1.01 Elect James E. Barnes

MGMT

YES

FOR

1.02 Elect James A. Henderson

MGMT

YES

FOR

1.03 Elect John B. McCoy

MGMT

YES

FOR

1.04 Elect S. Donley Ritchey

MGMT

YES

FOR

1.05 Elect Joyce M. Roche

MGMT

YES

FOR

1.06 Elect Patricia P. Upton

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Repeal Classified Board

MGMT

YES

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

5.00 SP-Reduce Board Size

SHLDR

YES

AGNST

FOR

Page 229 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal

Type

Voted?

Vote

Cast

For/Agnst

Mgmt

Schlumberger Ltd.

SLB

806857108

4/14/2004

Annual

Adviser: Jennison Associates

1.01 Elect John M. Deutch

MGMT

YES

FOR

1.02 Elect Jamie S. Gorelick

MGMT

YES

FOR

1.03 Elect Andrew Gould

MGMT

YES

FOR

1.04 Elect Tony Isaac

MGMT

YES

FOR

1.05 Elect Adrian Lajous

MGMT

YES

FOR

1.06 Elect Andre Levy-Lang

MGMT

YES

FOR

1.07 Elect Didier Primat

MGMT

YES

FOR

1.08 Elect Tore I. Sandvold

MGMT

YES

FOR

1.09 Elect Nicolas Seydoux

MGMT

YES

FOR

1.10 Elect Linda Gillespie Stuntz

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Scholastic

SCHL

807066105

9/23/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Add Shares to Employee Stock Purchase Plan

MGMT

YES

AGNST

3.00 Add Shares to Director Stock Option Plan

MGMT

YES

AGNST

3.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

Page 230 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Solectron

SLR

834182107

1/7/2004

Annual

Adviser: Jennison Associates

1.01 Elect William A. Hasler

MGMT

YES

FOR

1.02 Elect Michael R. Cannon

MGMT

YES

FOR

1.03 Elect Richard A. D’Amore

MGMT

YES

FOR

1.04 Elect Heinz K. Fridrich

MGMT

YES

FOR

1.05 Elect William R. Graber

MGMT

YES

FOR

1.06 Elect Paul R. Low

MGMT

YES

FOR

1.07 Elect C. Wesley M. Scott

MGMT

YES

FOR

1.08 Elect Osamu Yamada

MGMT

YES

FOR

1.09 Elect Cyril J. Yansouni

MGMT

YES

FOR

2.00 Exchange Underwater Options

MGMT

YES

AGNST

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Southwest Bancorporation of Texas

SWBT

84476R109

5/5/2004

Annual

Adviser: Jennison Associates

1.01 Elect Ernest H. Cockrell

MGMT

YES

FOR

1.02 Elect Fred R. Lummis

MGMT

YES

FOR

1.03 Elect Paul B. Murphy Jr.

MGMT

YES

FOR

1.04 Elect Thomas F. Soriero

MGMT

YES

FOR

2.00 Amend Deferred Compensation Plan

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Spinnaker Exploration

SKE

84855W109

5/5/2004

Annual

Adviser: Jennison Associates

1.01 Elect Roger L. Jarvis

MGMT

YES

FOR

1.02 Elect Howard H. Newman

MGMT

YES

FOR

1.03 Elect Jeffrey A. Harris

MGMT

YES

FOR

1.04 Elect Michael E. McMahon

MGMT

YES

FOR

1.05 Elect Sheldon R. Erikson

MGMT

YES

FOR

1.06 Elect Michael E. Wiley

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 231 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Symbol Technologies

SBL

871508107

4/26/2004

Annual

Adviser: Jennison Associates

1.01 Elect William R. Nuti

MGMT

YES

FOR

1.02 Elect Robert J. Chrenc

MGMT

YES

FOR

1.03 Elect Edward R. Kozel

MGMT

YES

FOR

1.04 Elect Salvatore Iannuzzi

MGMT

YES

FOR

1.05 Elect George Samenuk

MGMT

YES

FOR

1.06 Elect Melvin A. Yellin

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

Temple-Inland

TIN

879868107

5/7/2004

Annual

Adviser: Jennison Associates

1.01 Elect Donald M. Carlton

MGMT

YES

FOR

1.02 Elect E. Linn Draper Jr.

MGMT

YES

FOR

1.03 Elect Jeffrey M. Heller

MGMT

YES

FOR

1.04 Elect Kenneth M. Jastrow II

MGMT

YES

FOR

1.05 Elect James A. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Tibco Software

TIBX

88632Q103

4/15/2004

Annual

Adviser: Jennison Associates

1.01 Elect Vivek Y. Ranadive

MGMT

YES

FOR

1.02 Elect Naren Gupta

MGMT

YES

FOR

1.03 Elect Peter Job

MGMT

YES

FOR

1.04 Elect William A. Owens

MGMT

YES

FOR

1.05 Elect Philip K. Wood

MGMT

YES

FOR

1.06 Elect Eric Dunn

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 232 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

TOTAL

TOT

2898032

4/28/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

AGNST

2.00 Approve Financial Statements

MGMT

YES

AGNST

3.00 Set Dividend/Allocate Profits

MGMT

YES

AGNST

4.00 Approve Related Party Transactions

MGMT

YES

AGNST

5.00 Authorize Trade in Company Stock

MGMT

YES

AGNST

6.00 Issue Debt Instruments

MGMT

YES

AGNST

7.00 Elect Thierry Demarest

MGMT

YES

AGNST

8.00 Elect Thierry de Rudder

MGMT

YES

AGNST

9.00 Elect Serge Tchuruk

MGMT

YES

AGNST

10.00 Elect Shareholder Representative Daniel Boeuf

MGMT

YES

AGNST

11.00 Elect Shareholder Representative P. Marchandise

MGMT

YES

AGNST

FOR

12.00 Elect Shareholder Representative Cyril Mouche

MGMT

YES

AGNST

FOR

13.00 Elect Shareholder Representative Alan Cramer

MGMT

YES

AGNST

FOR

14.00 Appoint Outside Auditors

MGMT

YES

AGNST

15.00 Appoint Outside Auditors

MGMT

YES

AGNST

16.00 Appoint Outside Auditors

MGMT

YES

AGNST

17.00 Appoint Outside Auditors

MGMT

YES

AGNST

18.00 Approve Directors’ Fees

MGMT

YES

AGNST

19.00 Approve Stock Option Grants

MGMT

YES

AGNST

20.00 Increase Authorized Capital

MGMT

YES

AGNST

20.00 Issue Stock w/ Preemptive Rights

MGMT

YES

AGNST

21.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGNST

21.00 Increase Authorized Capital

MGMT

YES

AGNST

22.00 Increase Authorized Capital

MGMT

YES

AGNST

22.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGNST

Page 233 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Transocean Inc

RIG

G90078109

5/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect Robert L. Long

MGMT

YES

FOR

1.02 Elect Martin B. McNamara

MGMT

YES

FOR

1.03 Elect Robert M. Sprague

MGMT

YES

FOR

1.04 Elect J. Michael Talbert

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

Travelers Property Casualty

TAP

89420G406

3/19/2004

Special

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

Weatherford International Ltd

WFT

G95089101

5/25/2004

Annual

Adviser: Jennison Associates

1.01 Elect Philip J. Burguieres

MGMT

YES

FOR

1.02 Elect Nicholas F. Brady

MGMT

YES

FOR

1.03 Elect David J. Butters

MGMT

YES

FOR

1.04 Elect Bernard J. Duroc-Danner

MGMT

YES

FOR

1.05 Elect Sheldon B. Lubar

MGMT

YES

FOR

1.06 Elect William E. Macaulay

MGMT

YES

FOR

1.07 Elect Robert B. Millard

MGMT

YES

FOR

1.08 Elect Robert K. Moses, Jr.

MGMT

YES

FOR

1.09 Elect Robert A. Rayne

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Weight Watchers International Inc

WTW

948626106

5/12/2004

Annual

Adviser: Jennison Associates

1.01 Elect Linda Huett

MGMT

YES

FOR

1.02 Elect Sam K. Reed

MGMT

YES

FOR

1.03 Elect Philippe J. Amouyal

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Page 234 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON EQUITY OPPORTUNITY FUND #19F3

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wendy’s International

WEN

950590109

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Janet Hill

MGMT

YES

FOR

1.02 Elect Paul D. House

MGMT

YES

WHOLD

AGNST

1.03 Elect John R. Thompson

MGMT

YES

FOR

1.04 Elect J. Randolph Lewis

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Westwood One Inc

WON

961815107

5/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect Norman J. Pattiz

MGMT

YES

FOR

1.02 Elect Mel Karmazin

MGMT

YES

FOR

1.03 Elect Joseph B. Smith

MGMT

YES

FOR

1.04 Elect Dennis F. Holt

MGMT

YES

FOR

1.05 Elect Shane Coppola

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

XL Capital Ltd.

G98255105

4/30/2004

Annual

Adviser: Jennison Associates

1.01 Elect John Loudon

MGMT

YES

FOR

1.02 Elect Robert S. Parker

MGMT

YES

FOR

1.03 Elect Alan Z. Senter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 235 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: Jennison Growth Fund #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Agilent Technologies

00846U101

3/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect James G. Cullen

MGMT

YES

FOR

1.02 Elect Robert L. Joss

MGMT

YES

FOR

1.03 Elect Walter B. Hewlett

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Alcon

#Null#

2852395

4/27/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Dividend at 0.57

MGMT

YES

FOR

3.00 Ratify Board Acts-Legal

MGMT

YES

AGNST

4.01 Elect Werner J. Bauer

MGMT

YES

FOR

4.02 Elect Francisco Castaner

MGMT

YES

FOR

4.03 Elect Lodewijk J.R. De Vink

MGMT

YES

FOR

5.00 Appoint Outside Auditors

MGMT

YES

FOR

6.00 Appoint Appraiser/Special Auditor

MGMT

YES

FOR

Allergan

AGN

018490102

4/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect Handel E. Evans

MGMT

YES

FOR

1.02 Elect Michael R. Gallagher

MGMT

YES

FOR

1.03 Elect Gavin S. Herbert

MGMT

YES

FOR

1.04 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

Page 236 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American Express

AXP

025816109

4/26/2004

Annual

Adviser: Jennison Associates

1.01 Elect Daniel F. Akerson

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

FOR

1.03 Elect William G. Bowen

MGMT

YES

FOR

1.04 Elect Ursula M. Burns

MGMT

YES

FOR

1.05 Elect Kenneth I. Chenault

MGMT

YES

FOR

1.06 Elect Peter R. Dolan

MGMT

YES

FOR

1.07 Elect Vernon E. Jordan Jr.

MGMT

YES

FOR

1.08 Elect Jan Leschly

MGMT

YES

FOR

1.09 Elect Richard A. McGinn

MGMT

YES

FOR

1.10 Elect Edward D. Miller

MGMT

YES

FOR

1.11 Elect Frank P. Popoff

MGMT

YES

FOR

1.12 Elect Robert D. Walter

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

Page 237 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

American International Group

AIG

026874107

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect M. Bernard Aidinoff

MGMT

YES

FOR

1.02 Elect Pei-Yuan Chia

MGMT

YES

FOR

1.03 Elect Marshall A. Cohen

MGMT

YES

FOR

1.04 Elect William S. Cohen

MGMT

YES

FOR

1.05 Elect Martin S. Feldstein

MGMT

YES

FOR

1.06 Elect Ellen V. Futter

MGMT

YES

FOR

1.07 Elect Maurice R. Greenberg

MGMT

YES

FOR

1.08 Elect Carla A. Hills

MGMT

YES

FOR

1.09 Elect Frank J. Hoenemeyer

MGMT

YES

FOR

1.10 Elect Richard C. Holbrooke

MGMT

YES

FOR

1.11 Elect Donald P. Kanak

MGMT

YES

FOR

1.12 Elect Howard I. Smith

MGMT

YES

FOR

1.13 Elect Martin J. Sullivan

MGMT

YES

FOR

1.14 Elect Edmund S.W. Tse

MGMT

YES

FOR

1.15 Elect Frank G. Zarb

MGMT

YES

FOR

2.00 Approve Annual Bonus Plan

MGMT

YES

AGNST

3.00 Adopt Director Stock Award Plan

MGMT

YES

AGNST

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

6.00 SP-Sever Links with Tobacco Industry

SHLDR

YES

AGNST

FOR

7.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

FOR

Amgen Inc

AMGN

031162100

5/13/2004

Annual

Adviser: Jennison Associates

1.01 Elect Frank J. Biondi Jr.

MGMT

YES

FOR

1.02 Elect Jerry D. Choate

MGMT

YES

FOR

1.03 Elect Frank C. Herringer

MGMT

YES

FOR

1.04 Elect Gilbert S. Omenn

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Report on EEO

SHLDR

YES

FOR

AGNST

4.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Page 238 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Amis Holdings

AMIS

031538101

6/10/2004

Annual

Adviser: Jennison Associates

1.01 Elect Dipanjan Deb

MGMT

YES

FOR

1.02 Elect Christine King

MGMT

YES

FOR

1.03 Elect David M. Rickey

MGMT

YES

FOR

1.04 Elect Paul C. Schorr IV

MGMT

YES

FOR

1.05 Elect Colin L. Slade

MGMT

YES

FOR

1.06 Elect David Stanton

MGMT

YES

WHOLD

AGNST

1.07 Elect James A. Urry

MGMT

YES

FOR

1.08 Elect Gregory L. Williams

MGMT

YES

FOR

1.09 Elect S. Atiq Raza

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Analog Devices

ADI

032654105

3/9/2004

Annual

Adviser: Jennison Associates

1.01 Elect Jerald G. Fishman

MGMT

YES

FOR

1.02 Elect F. Grant Saviers

MGMT

YES

FOR

2.00 Increase Authorized Common Stock

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 239 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Applied Materials

AMAT

038222105

3/24/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael H. Armacost

MGMT

YES

FOR

1.02 Elect Deborah A. Coleman

MGMT

YES

FOR

1.03 Elect Herbert M. Dwight Jr.

MGMT

YES

FOR

1.04 Elect Philip V. Gerdine

MGMT

YES

FOR

1.05 Elect Paul R. Low

MGMT

YES

FOR

1.06 Elect Dan Maydan

MGMT

YES

FOR

1.07 Elect Steven L. Miller

MGMT

YES

FOR

1.08 Elect James C. Morgan

MGMT

YES

FOR

1.09 Elect Gerhard Parker

MGMT

YES

FOR

1.10 Elect Michael R. Splinter

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Director Stock Option Plan

MGMT

YES

AGNST

2.00 Amend Stock Option Plan

MGMT

YES

AGNST

Page 240 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

AstraZeneca

#Null#

2989044

4/29/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 0.54p

MGMT

YES

FOR

3.00 Appoint Outside Auditors

MGMT

YES

FOR

4.00 Set Auditors’ Fees

MGMT

YES

FOR

5.01 Elect Percy N. Barnevik

MGMT

YES

FOR

5.02 Elect Hakan Mogren

MGMT

YES

FOR

5.03 Elect Sir Tom McKillop

MGMT

YES

FOR

5.04 Elect Jonathan Symonds

MGMT

YES

FOR

5.05 Elect Sir Peter Bonfield

MGMT

YES

FOR

5.06 Elect John Buchanan

MGMT

YES

FOR

5.07 Elect Jane E. Henney

MGMT

YES

FOR

5.08 Elect Michele J. Hooper

MGMT

YES

FOR

5.09 Elect Joe Jimenez

MGMT

YES

FOR

5.10 Elect Erna Moller

MGMT

YES

FOR

5.11 Elect Bridget Ogilvie

MGMT

YES

FOR

5.12 Elect Louis Schweitzer

MGMT

YES

FOR

5.13 Elect Marcus Wallenberg

MGMT

YES

FOR

6.00 Approve Remuneration Policy

MGMT

YES

FOR

7.00 Amend Articles Regarding Treasury Shares

MGMT

YES

FOR

8.00 Approve Political Donation

MGMT

YES

FOR

9.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

10.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGNST

11.00 Authorize Share Repurchase

MGMT

YES

FOR

12.00 Approve Directors’ Fees

MGMT

YES

FOR

Page 241 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Avon Products

AVP

054303102

5/6/2004

Annual

Adviser: Jennison Associates

1.01 Elect Edward T. Fogarty

MGMT

YES

FOR

1.02 Elect Susan J. Kropf

MGMT

YES

FOR

1.03 Elect Maria Elena Lagomasino

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

FOR

6.00 SP-Control Generation of Pollutants

SHLDR

YES

AGNST

FOR

BJ Services

BJS

055482103

1/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Don D. Jordan

MGMT

YES

FOR

1.02 Elect William H. White

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Develop/report On Country Selection Standards

SHLDR

YES

AGNST

FOR

Boston Scientific

BSX

101137107

10/6/2003

Special

Adviser: Jennison Associates

1.00 Increase Authorized Common Stock

MGMT

YES

FOR

Caremark Rx

CMX

141705103

3/22/2004

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 242 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Caremark Rx

CMX

141705103

5/4/2004

Annual

Adviser: Jennison Associates

1.01 Elect Edwin M. Banks

MGMT

YES

FOR

1.02 Elect Colleen Conway-Welch

MGMT

YES

FOR

1.03 Elect Roger L. Headrick

MGMT

YES

FOR

1.04 Elect Jean-Pierre Millon

MGMT

YES

FOR

Chico’s FAS Inc

CHS

168615102

6/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Helene B. Gralnick

MGMT

YES

FOR

1.02 Elect Verna K. Gibson

MGMT

YES

FOR

1.03 Elect Betsy S. Atkins

MGMT

YES

FOR

1.04 Elect Scott A. Edmonds

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

Cisco Systems

CSCO

17275R102

11/11/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

WHOLD

AGNST

2.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Misc. Human/Political Rights Proposal

SHLDR

YES

AGNST

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 243 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Citigroup

172967101

4/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect C. Michael Armstrong

MGMT

YES

FOR

1.02 Elect Alain J.P. Belda

MGMT

YES

FOR

1.03 Elect George David

MGMT

YES

FOR

1.04 Elect Kenneth T. Derr

MGMT

YES

FOR

1.05 Elect John M. Deutch

MGMT

YES

FOR

1.06 Elect Roberto H. Ramirez

MGMT

YES

FOR

1.07 Elect Ann Dibble Jordan

MGMT

YES

FOR

1.08 Elect Dudley C. Mecum II

MGMT

YES

FOR

1.09 Elect Richard D. Parsons

MGMT

YES

FOR

1.10 Elect Andrall E. Pearson

MGMT

YES

FOR

1.11 Elect Charles Prince

MGMT

YES

FOR

1.12 Elect Robert E. Rubin

MGMT

YES

FOR

1.13 Elect Franklin A. Thomas

MGMT

YES

FOR

1.14 Elect Sanford I. Weill

MGMT

YES

FOR

1.15 Elect Robert B. Willumstad

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

4.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

6.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

Page 244 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Clear Channel Communications

CCU

184502102

4/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect L. Lowry Mays

MGMT

YES

FOR

1.02 Elect Phyllis B. Riggins

MGMT

YES

FOR

1.03 Elect Alan D. Feld

MGMT

YES

FOR

1.04 Elect Mark P. Mays

MGMT

YES

FOR

1.05 Elect Theodore H. Strauss

MGMT

YES

FOR

1.06 Elect Thomas O. Hicks

MGMT

YES

FOR

1.07 Elect Randall T. Mays

MGMT

YES

FOR

1.08 Elect J.C. Watts Jr.

MGMT

YES

FOR

1.09 Elect Perry J. Lewis

MGMT

YES

FOR

1.10 Elect B. J. McCombs

MGMT

YES

FOR

1.11 Elect John H. Williams

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Costco Wholesale

COST

22160K105

1/29/2004

Annual

Adviser: Jennison Associates

1.01 Elect Benjamin S. Carson

MGMT

YES

FOR

1.02 Elect Hamilton E. James

MGMT

YES

FOR

1.03 Elect Jill A. Ruckelshaus

MGMT

YES

FOR

1.04 Elect William H. Gates

MGMT

YES

FOR

1.05 Elect Daniel J. Evans

MGMT

YES

FOR

2.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

3.00 Report On Land Development Policy

SHLDR

YES

AGNST

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Dell

DELL

24702R101

7/18/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Repeal Classified Board

MGMT

YES

FOR

3.00 Approve Name Change

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 245 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

DIRECTV Group Inc

DTV

25459L106

6/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect K. Rupert Murdoch

MGMT

YES

FOR

1.02 Elect Neil R. Austrian

MGMT

YES

FOR

1.03 Elect Charles R. Lee

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Ebay Inc

EBAY

278642103

6/24/2004

Annual

Adviser: Jennison Associates

1.01 Elect Phillipe Bourguignon

MGMT

YES

FOR

1.02 Elect Tomas J. Tierney

MGMT

YES

FOR

1.03 Elect Margaret C. Whitman

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

2.00 Limit Per-Employee Awards

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

4.00 Increase Authorized Common Stock

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

EMC

268648102

5/5/2004

Annual

Adviser: Jennison Associates

1.01 Elect John R. Egan

MGMT

YES

FOR

1.02 Elect Michael C. Ruettgers

MGMT

YES

FOR

1.03 Elect David N. Strohm

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 Add Shares to Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

5.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 246 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Forest Laboratories -Cl A

FRX

345838106

8/11/2003

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

Genentech

DNA

368710406

4/16/2004

Annual

Adviser: Jennison Associates

1.00 Approve Board Size

MGMT

YES

FOR

2.01 Elect Herbert W. Boyer

MGMT

YES

FOR

2.02 Elect Arthur D. Levinson

MGMT

YES

FOR

2.03 Elect Mark Richmond

MGMT

YES

FOR

2.04 Elect Charles A. Sanders

MGMT

YES

FOR

2.05 Elect William M. Burns

MGMT

YES

FOR

2.06 Elect Erich Hunziker

MGMT

YES

FOR

2.07 Elect Jonathan K. C. Knowles

MGMT

YES

FOR

3.00 Increase Authorized Common Stock

MGMT

YES

FOR

4.00 Adopt Stock Option Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 247 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

General Electric

369604103

4/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect James I. Cash Jr.

MGMT

YES

FOR

1.02 Elect Dennis D. Dammerman

MGMT

YES

FOR

1.03 Elect Ann M. Fudge

MGMT

YES

FOR

1.04 Elect Claudio X. Gonzalez Laporte

MGMT

YES

FOR

1.05 Elect Jeffrey R. Immelt

MGMT

YES

FOR

1.06 Elect Andrea Jung

MGMT

YES

FOR

1.07 Elect Alan G. Lafley

MGMT

YES

FOR

1.08 Elect Kenneth G. Langone

MGMT

YES

FOR

1.09 Elect Ralph S. Larsen

MGMT

YES

FOR

1.10 Elect Rochelle B. Lazarus

MGMT

YES

FOR

1.11 Elect Samuel A. Nunn Jr.

MGMT

YES

FOR

1.12 Elect Roger S. Penske

MGMT

YES

FOR

1.13 Elect Robert J. Swieringa

MGMT

YES

FOR

1.14 Elect Douglas A. Warner III

MGMT

YES

FOR

1.15 Elect Robert C. Wright

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Amend Long-term Bonus Plan

MGMT

YES

FOR

4.00 SP-Adopt Cumulative Voting

SHLDR

YES

FOR

AGNST

5.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

FOR

6.00 SP-Review Nuclear Facility/Waste

SHLDR

YES

AGNST

FOR

7.00 SP-Report on Environmental Impact or Plans

SHLDR

YES

AGNST

FOR

8.00 SP-Report on Risk to Image of Globalization Strate

SHLDR

YES

AGNST

FOR

9.00 SP-Report on Sustainability

SHLDR

YES

AGNST

FOR

10.00 SP-Increase Comp Committee Independence

SHLDR

YES

AGNST

FOR

11.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

FOR

12.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

13.00 SP-Limit Number of Directorships

SHLDR

YES

AGNST

FOR

14.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

15.00 SP-Study Sale or Spin-off

SHLDR

YES

AGNST

FOR

16.00 SP-Require Option Shares to Be Held

SHLDR

YES

AGNST

FOR

17.00 SP-Increase Board Independence

SHLDR

YES

AGNST

FOR

18.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

Page 248 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Gilead Sciences Inc

GILD

375558103

5/25/2004

Annual

Adviser: Jennison Associates

1.01 Elect Paul Berg

MGMT

YES

FOR

1.02 Elect Etienne Davignon

MGMT

YES

FOR

1.03 Elect James M. Denny

MGMT

YES

FOR

1.04 Elect John C. Martin

MGMT

YES

FOR

1.05 Elect Gordon E. Moore

MGMT

YES

FOR

1.06 Elect Nicholas G. Moore

MGMT

YES

FOR

1.07 Elect George P. Shultz

MGMT

YES

FOR

1.08 Elect Gayle E. Wilson

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

Goldman Sachs Group

38141G104

3/31/2004

Annual

Adviser: Jennison Associates

1.01 Elect John P. Browne of Madingley

MGMT

YES

FOR

1.02 Elect Claes Dahlback

MGMT

YES

FOR

1.03 Elect James A. Johnson

MGMT

YES

FOR

1.04 Elect Lois D. Juliber

MGMT

YES

FOR

1.05 Elect Lloyd C. Blankfein

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Guidant Corp

GDT

401698105

5/18/2004

Annual

Adviser: Jennison Associates

1.01 Elect Maurice A. Cox Jr.

MGMT

YES

FOR

1.02 Elect Nancy-Ann DeParle

MGMT

YES

FOR

1.03 Elect Ronald W. Dollens

MGMT

YES

FOR

1.04 Elect Enrique C. Falla

MGMT

YES

FOR

1.05 Elect Kristina M. Johnson

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Page 249 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Hewlett-Packard

HPQ

428236103

3/17/2004

Annual

Adviser: Jennison Associates

1.01 Elect Lawrence T. Babbio Jr.

MGMT

YES

FOR

1.02 Elect Patricia C. Dunn

MGMT

YES

FOR

1.03 Elect Carleton S. Fiorina

MGMT

YES

FOR

1.04 Elect Richard A. Hackborn

MGMT

YES

FOR

1.05 Elect George A. Keyworth II

MGMT

YES

FOR

1.06 Elect Robert E. Knowling Jr.

MGMT

YES

FOR

1.07 Elect Sanford M. Litvack

MGMT

YES

WHOLD

AGNST

1.08 Elect Robert L. Ryan

MGMT

YES

FOR

1.09 Elect Lucille S. Salhany

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

Intel Corp

INTC

458140100

5/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Craig R. Barrett

MGMT

YES

FOR

1.02 Elect Charlene Barshefsky

MGMT

YES

FOR

1.03 Elect E. John P. Browne

MGMT

YES

FOR

1.04 Elect Andrew S. Grove

MGMT

YES

FOR

1.05 Elect D. James Guzy

MGMT

YES

FOR

1.06 Elect Reed E. Hundt

MGMT

YES

FOR

1.07 Elect Paul S. Otellini

MGMT

YES

FOR

1.08 Elect David S. Pottruck

MGMT

YES

FOR

1.09 Elect Jane E. Shaw

MGMT

YES

FOR

1.10 Elect John L. Thornton

MGMT

YES

FOR

1.11 Elect David B. Yoffie

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

Page 250 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

InterActiveCorp

IACI

45840Q101

6/23/2004

Annual

Adviser: Jennison Associates

1.01 Elect Richard N. Barton

MGMT

YES

FOR

1.02 Elect Robert R. Bennett

MGMT

YES

FOR

1.03 Elect Edgar Bronfman, Jr.

MGMT

YES

WHOLD

AGNST

1.04 Elect Barry Diller

MGMT

YES

FOR

1.05 Elect Victor A. Kaufman

MGMT

YES

FOR

1.06 Elect Donald R. Keough

MGMT

YES

FOR

1.07 Elect Marie-Josee Kravis

MGMT

YES

FOR

1.08 Elect John C. Malone

MGMT

YES

FOR

1.09 Elect Steven Rattner

MGMT

YES

FOR

1.10 Elect H. Norman Schwarzkopf

MGMT

YES

FOR

1.11 Elect Alan G. Spoon

MGMT

YES

FOR

1.12 Elect Diane von Furstenberg

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 251 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

International Business Machines

IBM

459200101

4/27/2004

Annual

Adviser: Jennison Associates

1.01 Elect Cathleen P. Black

MGMT

YES

FOR

1.02 Elect Kenneth I. Chenault

MGMT

YES

FOR

1.03 Elect Carlos Ghosn

MGMT

YES

FOR

1.04 Elect Nannerl O. Keohane

MGMT

YES

FOR

1.05 Elect Charles F. Knight

MGMT

YES

FOR

1.06 Elect Lucio A. Noto

MGMT

YES

FOR

1.07 Elect Samuel J. Palmisano

MGMT

YES

FOR

1.08 Elect John B. Slaughter

MGMT

YES

FOR

1.09 Elect Joan E. Spero

MGMT

YES

FOR

1.10 Elect Sidney Taurel

MGMT

YES

FOR

1.11 Elect Charles M. Vest

MGMT

YES

FOR

1.12 Elect Lorenzo H. Zambrano

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Ratify Auditors for Business Unit

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 SP-Adopt Cumulative Voting

SHLDR

YES

AGNST

FOR

6.00 SP-Provide Pension Choices

SHLDR

YES

AGNST

FOR

7.00 SP-Pension Fund Surplus

SHLDR

YES

AGNST

FOR

8.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

9.00 SP-Disclose Executive Compensation

SHLDR

YES

AGNST

FOR

10.00 SP-China—Adopt Code of Conduct

SHLDR

YES

AGNST

FOR

11.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

12.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Page 252 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

J P Morgan Chase & Co

JPM

46625H100

5/25/2004

Annual

Adviser: Jennison Associates

1.00 Approve Merger/Acquisition

MGMT

YES

FOR

1.00 Approve Common Stock Issuance

MGMT

YES

FOR

2.01 Elect Hans W. Becherer

MGMT

YES

FOR

2.02 Elect Frank A. Bennack Jr.

MGMT

YES

FOR

2.03 Elect John H. Biggs

MGMT

YES

FOR

2.04 Elect Lawrence A. Bossidy

MGMT

YES

FOR

2.05 Elect Ellen V. Futter

MGMT

YES

FOR

2.06 Elect William H. Gray III

MGMT

YES

FOR

2.07 Elect William B. Harrison Jr.

MGMT

YES

FOR

2.08 Elect Helene L. Kaplan

MGMT

YES

FOR

2.09 Elect Lee R. Raymond

MGMT

YES

FOR

2.10 Elect John R. Stafford

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 Reapprove Option/Bonus Plan for OBRA

MGMT

YES

FOR

5.00 Adjourn Meeting

MGMT

YES

FOR

6.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

7.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

FOR

8.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

9.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

10.00 SP-Failure to Disclose Derivatives

SHLDR

YES

AGNST

FOR

11.00 SP-Limit Consulting by Auditors

SHLDR

YES

AGNST

FOR

12.00 SP-Restrict Director Compensation

SHLDR

YES

AGNST

FOR

13.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

FOR

KLA-Tencor

KLAC

482480100

11/5/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 253 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Kohl’s

KSS

500255104

4/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect Wayne R. Embry

MGMT

YES

WHOLD

AGNST

1.02 Elect John F. Herma

MGMT

YES

WHOLD

AGNST

1.03 Elect R. Lawrence Montgomery

MGMT

YES

WHOLD

AGNST

1.04 Elect Frank V. Sica

MGMT

YES

WHOLD

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

Kroger Co

501044101

6/24/2004

Annual

Adviser: Jennison Associates

1.01 Elect John L. Clendenin

MGMT

YES

FOR

1.02 Elect David B. Dillon

MGMT

YES

FOR

1.03 Elect David B. Lewis

MGMT

YES

FOR

1.04 Elect Don W. McGeorge

MGMT

YES

FOR

1.05 Elect W. Rodney McMullen

MGMT

YES

FOR

1.06 Elect Susan M. Phillips

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

5.00 SP-Golden Parachutes

SHLDR

YES

AGNST

FOR

Lehman Brothers Holdings

LEH

524908100

4/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect Roger S. Berlind

MGMT

YES

FOR

1.02 Elect Marsha J. Evans

MGMT

YES

FOR

1.03 Elect Christopher Gent

MGMT

YES

WHOLD

AGNST

1.04 Elect Dina Merrill

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Other Business

MGMT

YES

AGNST

Page 254 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Lilly (Eli)

LLY

532457108

4/19/2004

Annual

Adviser: Jennison Associates

1.01 Elect Steven C. Beering

MGMT

YES

FOR

1.02 Elect Winfried F.W. Bischoff

MGMT

YES

FOR

1.03 Elect Franklyn G. Prendergast

MGMT

YES

FOR

1.04 Elect Kathi P. Seifert

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

5.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

FOR

Lowe’s Companies Inc

LOW

548661107

5/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect Leonard L. Berry

MGMT

YES

FOR

1.02 Elect Paul Fulton

MGMT

YES

FOR

1.03 Elect Dawn E. Hudson

MGMT

YES

WHOLD

AGNST

1.04 Elect Marshall O. Larsen

MGMT

YES

FOR

1.05 Elect Robert A. Niblock

MGMT

YES

FOR

1.06 Elect Stephen F. Page

MGMT

YES

FOR

1.07 Elect O. Temple Sloan Jr.

MGMT

YES

FOR

1.08 Elect Robert L. Tillman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Marvell Technology Group

MRVL

2594653

5/28/2004

Annual

Adviser: Jennison Associates

1.01 Elect Dr. John M. Cioffi

MGMT

YES

FOR

1.02 Elect Dr. Paul R. Gray

MGMT

YES

FOR

1.03 Elect Douglas King

MGMT

YES

FOR

2.00 Appoint Outside Auditors

MGMT

YES

FOR

3.00 Set Auditors’ Fees

MGMT

YES

FOR

4.00 Approve Bonus Dividend/Bonus Share Issue

MGMT

YES

FOR

4.00 Increase Authorized Capital

MGMT

YES

FOR

Page 255 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

McDonald’s Corp

MCD

580135101

5/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect Edward A. Brennan

MGMT

YES

FOR

1.02 Elect Walter E. Massey

MGMT

YES

FOR

1.03 Elect John W. Rogers Jr.

MGMT

YES

FOR

1.04 Elect Anne-Marie Slaughter

MGMT

YES

FOR

1.05 Elect Roger W. Stone

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Amend Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

4.00 Approve Long-Term Bonus Plan

MGMT

YES

FOR

MedImmune Inc

MEDI

584699102

5/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect Wayne T. Hockmeyer

MGMT

YES

FOR

1.02 Elect David M. Mott

MGMT

YES

FOR

1.03 Elect David Baltimore

MGMT

YES

FOR

1.04 Elect M. James Barrett

MGMT

YES

FOR

1.05 Elect Melvin D. Booth

MGMT

YES

FOR

1.06 Elect James H. Cavanaugh

MGMT

YES

FOR

1.07 Elect Barbara Hackman Franklin

MGMT

YES

FOR

1.08 Elect Gordon S. Macklin

MGMT

YES

FOR

1.09 Elect Elizabeth Wyatt

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Medtronic

MDT

585055106

8/28/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 Approve Annual Bonus Plan

MGMT

YES

FOR

Page 256 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Merrill Lynch

MER

590188108

4/23/2004

Annual

Adviser: Jennison Associates

1.01 Elect David K. Newbigging

MGMT

YES

FOR

1.02 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

Microsoft

MSFT

594918104

11/11/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Amend Stock Option Plan

MGMT

YES

FOR

3.00 Amend Director Stock Option Plan

MGMT

YES

FOR

4.00 SP-Limit or End Charitable Giving

SHLDR

YES

AGNST

FOR

Morgan Stanley

MWD

617446448

4/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect John W. Madigan

MGMT

YES

FOR

1.02 Elect Klaus Zumwinkel

MGMT

YES

FOR

1.03 Elect Howard Davies

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

4.00 SP-Golden Parachutes

SHLDR

YES

FOR

AGNST

5.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

Page 257 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Motorola

MOT

620076109

5/3/2004

Annual

Adviser: Jennison Associates

1.01 Elect Edward J. Zander

MGMT

YES

FOR

1.02 Elect H. Laurance Fuller

MGMT

YES

FOR

1.03 Elect Judy C. Lewent

MGMT

YES

FOR

1.04 Elect Walter E. Massey

MGMT

YES

FOR

1.05 Elect Nicholas Negroponte

MGMT

YES

FOR

1.06 Elect Indra K. Nooyi

MGMT

YES

FOR

1.07 Elect John E. Pepper Jr.

MGMT

YES

FOR

1.08 Elect Samuel C. Scott III

MGMT

YES

FOR

1.09 Elect Douglas A. Warner III

MGMT

YES

FOR

1.10 Elect John A. White

MGMT

YES

FOR

1.11 Elect Mike S. Zafirovski

MGMT

YES

FOR

2.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

3.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

Novartis

NVS

2620105

2/24/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

AGNST

2.00 Ratify Board Acts-Legal

MGMT

YES

AGNST

3.00 Set Dividend/Allocate Profits

MGMT

YES

AGNST

4.00 Approve Use/Transfer of Reserves

MGMT

YES

AGNST

5.00 Cancel Authorized Stock

MGMT

YES

AGNST

5.00 Reduce Authorized Capital

MGMT

YES

AGNST

6.00 Authorize Share Repurchase

MGMT

YES

AGNST

7.00 Amend Board Election Rules

MGMT

YES

AGNST

8.00 Election of Directors by Slate

MGMT

YES

AGNST

9.00 Appoint Outside Auditors

MGMT

YES

AGNST

Paychex

PAYX

704326107

10/2/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

WHOLD

AGNST

Page 258 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

PeopleSoft

PSFT

712713106

3/25/2004

Annual

Adviser: Jennison Associates

1.01 Elect A. George Battle

MGMT

YES

FOR

1.02 Elect Craig A. Conway

MGMT

YES

FOR

1.03 Elect Frank J. Fanzilli Jr.

MGMT

YES

FOR

1.04 Elect Cyril J. Yansouni

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Page 259 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Pfizer

PFE

717081103

4/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael S. Brown

MGMT

YES

FOR

1.02 Elect M. Anthony Burns

MGMT

YES

FOR

1.03 Elect Robert N. Burt

MGMT

YES

FOR

1.04 Elect W. Don Cornwell

MGMT

YES

FOR

1.05 Elect William H. Gray III

MGMT

YES

FOR

1.06 Elect Constance J. Horner

MGMT

YES

FOR

1.07 Elect William R. Howell

MGMT

YES

FOR

1.08 Elect Stanley O. Ikenberry

MGMT

YES

FOR

1.09 Elect George A. Lorch

MGMT

YES

FOR

1.10 Elect Henry A. McKinnell Jr.

MGMT

YES

FOR

1.11 Elect Dana G. Mead

MGMT

YES

FOR

1.12 Elect Franklin D. Raines

MGMT

YES

FOR

1.13 Elect Ruth J. Simmons

MGMT

YES

FOR

1.14 Elect William C. Steere Jr.

MGMT

YES

FOR

1.15 Elect Jean-Paul Valles

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

4.00 SP-Review AIDS Pandemic’s Impact on Company

SHLDR

YES

AGNST

FOR

5.00 SP-Limit or End Political Spending

SHLDR

YES

AGNST

FOR

6.00 SP-Review Political Spending

SHLDR

YES

AGNST

FOR

7.00 SP-Director Tenure/Retirement Age

SHLDR

YES

AGNST

FOR

8.00 SP-Review Drug Pricing or Distribution

SHLDR

YES

AGNST

FOR

9.00 SP-Restrict Executive Compensation

SHLDR

YES

AGNST

FOR

10.00 SP-Review or Promote Animal Welfare

SHLDR

YES

AGNST

FOR

Procter & Gamble

742718109

10/14/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

WHOLD

AGNST

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Director Stock Option Plan

MGMT

YES

AGNST

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

5.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

FOR

Page 260 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Qualcomm

QCOM

747525103

3/2/2004

Annual

Adviser: Jennison Associates

1.01 Elect Adelia A. Coffman

MGMT

YES

FOR

1.02 Elect Raymond V. Dittamore

MGMT

YES

FOR

1.03 Elect Irwin Mark Jacobs

MGMT

YES

FOR

1.04 Elect Richard Sulpizio

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Repeal Classified Board

SHLDR

YES

FOR

AGNST

Schlumberger Ltd.

SLB

806857108

4/14/2004

Annual

Adviser: Jennison Associates

1.01 Elect John M. Deutch

MGMT

YES

FOR

1.02 Elect Jamie S. Gorelick

MGMT

YES

FOR

1.03 Elect Andrew Gould

MGMT

YES

FOR

1.04 Elect Tony Isaac

MGMT

YES

FOR

1.05 Elect Adrian Lajous

MGMT

YES

FOR

1.06 Elect Andre Levy-Lang

MGMT

YES

FOR

1.07 Elect Didier Primat

MGMT

YES

FOR

1.08 Elect Tore I. Sandvold

MGMT

YES

FOR

1.09 Elect Nicolas Seydoux

MGMT

YES

FOR

1.10 Elect Linda Gillespie Stuntz

MGMT

YES

FOR

2.00 Approve Financial Statements

MGMT

YES

FOR

3.00 Adopt Director Stock Award Plan

MGMT

YES

FOR

4.00 Ratify Selection of Auditors

MGMT

YES

FOR

Seagate Technology

STX

811804103

10/29/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

WHOLD

AGNST

2.00 Approve Annual Bonus Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 261 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Starbucks

SBUX

855244109

3/30/2004

Annual

Adviser: Jennison Associates

1.01 Elect William W. Bradley

MGMT

YES

FOR

1.02 Elect Gregory B. Maffei

MGMT

YES

FOR

1.03 Elect Orin C. Smith

MGMT

YES

FOR

1.04 Elect Olden Lee

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

State Street

STT

857477103

4/21/2004

Annual

Adviser: Jennison Associates

1.01 Elect Directors

MGMT

YES

FOR

1.02 Elect Directors

MGMT

YES

FOR

1.03 Elect Directors

MGMT

YES

FOR

1.04 Elect Directors

MGMT

YES

FOR

1.05 Elect Directors

MGMT

YES

FOR

2.00 SP-Opt Out of State Takeover Statute

SHLDR

YES

AGNST

FOR

Teva Pharmaceutical

TEVA

6882172

10/27/2003

Special

Adviser: Jennison Associates

1.00 Election of Directors by Nominee

MGMT

YES

FOR

2.00 Approve Directors’ Fees

MGMT

YES

FOR

Teva Pharmaceutical Industries

TEVA

2883878

5/20/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Set Final Dividend at 0.00

MGMT

YES

FOR

3.01 Elect Abraham E. Cohen

MGMT

YES

FOR

3.02 Elect Leslie Dan

MGMT

YES

FOR

3.03 Elect Meir Heth

MGMT

YES

FOR

3.04 Elect Moshe Many

MGMT

YES

FOR

3.05 Elect Dov Shafir

MGMT

YES

FOR

4.00 Indemnify Directors/Officers

MGMT

YES

FOR

5.00 Appoint Auditors and Set Their Fees

MGMT

YES

FOR

Page 262 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Texas Instruments

TXN

882508104

4/15/2004

Annual

Adviser: Jennison Associates

1.01 Elect James R. Adams

MGMT

YES

FOR

1.02 Elect David L. Boren

MGMT

YES

FOR

1.03 Elect Daniel A. Carp

MGMT

YES

FOR

1.04 Elect Thomas J. Engibous

MGMT

YES

FOR

1.05 Elect Gerald W. Fronterhouse

MGMT

YES

FOR

1.06 Elect David R. Goode

MGMT

YES

FOR

1.07 Elect Wayne R. Sanders

MGMT

YES

FOR

1.08 Elect Ruth J. Simmons

MGMT

YES

FOR

1.09 Elect Richard K. Templeton

MGMT

YES

FOR

1.10 Elect Christine Todd Whitman

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 SP-Expense Stock Options

SHLDR

YES

AGNST

FOR

Tiffany & Co

TIF

886547108

5/20/2004

Annual

Adviser: Jennison Associates

1.01 Elect Michael J. Kowalski

MGMT

YES

FOR

1.02 Elect Rose Marie Bravo

MGMT

YES

FOR

1.03 Elect William R. Chaney

MGMT

YES

FOR

1.04 Elect Samuel L. Hayes III

MGMT

YES

FOR

1.05 Elect Abby F. Kohnstamm

MGMT

YES

WHOLD

AGNST

1.06 Elect Charles K. Marquis

MGMT

YES

FOR

1.07 Elect J. Thomas Presby

MGMT

YES

FOR

1.08 Elect James E. Quinn

MGMT

YES

FOR

1.09 Elect William A. Shutzer

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Page 263 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

TOTAL

#Null#

4905413

4/28/2004

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

#Null#

AGNST

2.00 Approve Financial Statements

MGMT

#Null#

AGNST

3.00 Set Dividend/Allocate Profits

MGMT

#Null#

AGNST

4.00 Approve Related Party Transactions

MGMT

#Null#

AGNST

5.00 Authorize Trade in Company Stock

MGMT

#Null#

AGNST

6.00 Issue Debt Instruments

MGMT

#Null#

AGNST

7.00 Elect Thierry Demarest

MGMT

#Null#

AGNST

8.00 Elect Thierry de Rudder

MGMT

#Null#

AGNST

9.00 Elect Serge Tchuruk

MGMT

#Null#

AGNST

10.00 Elect Shareholder Representative Daniel Boeuf

MGMT

#Null#

AGNST

11.00 Elect Shareholder Representative P. Marchandise

MGMT

#Null#

AGNST

12.00 Elect Shareholder Representative Cyril Mouche

MGMT

#Null#

AGNST

13.00 Elect Shareholder Representative Alan Cramer

MGMT

#Null#

AGNST

14.00 Appoint Outside Auditors

MGMT

#Null#

AGNST

15.00 Appoint Outside Auditors

MGMT

#Null#

AGNST

16.00 Appoint Outside Auditors

MGMT

#Null#

AGNST

17.00 Appoint Outside Auditors

MGMT

#Null#

AGNST

18.00 Approve Directors’ Fees

MGMT

#Null#

AGNST

19.00 Approve Stock Option Grants

MGMT

#Null#

AGNST

20.00 Increase Authorized Capital

MGMT

#Null#

AGNST

20.00 Issue Stock w/ Preemptive Rights

MGMT

#Null#

AGNST

21.00 Increase Authorized Capital

MGMT

#Null#

AGNST

21.00 Issue Stock w/o Preemptive Rights

MGMT

#Null#

AGNST

22.00 Increase Authorized Capital

MGMT

#Null#

AGNST

22.00 Issue Stock w/o Preemptive Rights

MGMT

#Null#

AGNST

Page 264 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Univision Communications Inc

UVN

914906102

5/12/2004

Annual

Adviser: Jennison Associates

1.01 Elect A. Jerrold Perenchio

MGMT

YES

FOR

1.02 Elect Fernando Aguirre

MGMT

YES

FOR

1.03 Elect Harold Gaba

MGMT

YES

FOR

1.04 Elect Alan F. Horn

MGMT

YES

WHOLD

AGNST

1.05 Elect John G. Perenchio

MGMT

YES

FOR

1.06 Elect Ray Rodriguez

MGMT

YES

FOR

1.07 Elect McHenry T. Tichenor Jr.

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

3.00 Adopt Stock Option Plan

MGMT

YES

FOR

Vodafone Group

VOD

0719210

7/30/2003

Annual

Adviser: Jennison Associates

1.00 Approve Financial Statements

MGMT

YES

FOR

2.00 Approve Remuneration Policy

MGMT

YES

FOR

3.00 Elect Lord Ian MacLaurin of Knebworth

MGMT

YES

FOR

4.00 Elect Kenneth Hydon

MGMT

YES

FOR

5.00 Elect Thomas Geitner

MGMT

YES

FOR

6.00 Elect Sir Alec Broers

MGMT

YES

FOR

7.00 Elect Jurgen Schrempp

MGMT

YES

FOR

8.00 Elect John Buchanan

MGMT

YES

FOR

9.00 Set Final Dividend at 0.8963 p

MGMT

YES

FOR

10.00 Appoint Outside Auditors

MGMT

YES

FOR

11.00 Set Auditors’ Fees

MGMT

YES

FOR

12.00 Approve Political Donation

MGMT

YES

FOR

13.00 Issue Stock w/ Preemptive Rights

MGMT

YES

FOR

14.00 Issue Stock w/o Preemptive Rights

MGMT

YES

AGNST

15.00 Authorize Share Repurchase

MGMT

YES

FOR

Page 265 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Wal-Mart Stores

WMT

931142103

6/4/2004

Annual

Adviser: Jennison Associates

1.01 Elect James W. Breyer

MGMT

YES

FOR

1.02 Elect M. Michele Burns

MGMT

YES

FOR

1.03 Elect Thomas M. Coughlin

MGMT

YES

FOR

1.04 Elect David D. Glass

MGMT

YES

FOR

1.05 Elect Roland A. Hernandez

MGMT

YES

FOR

1.06 Elect Dawn G. Lepore

MGMT

YES

FOR

1.07 Elect John D. Opie

MGMT

YES

FOR

1.08 Elect J. Paul Reason

MGMT

YES

FOR

1.09 Elect H. Lee Scott Jr.

MGMT

YES

FOR

1.10 Elect Jack C. Shewmaker

MGMT

YES

FOR

1.11 Elect Jose H. Villarreal

MGMT

YES

FOR

1.12 Elect John T. Walton

MGMT

YES

FOR

1.13 Elect S. Robson Walton

MGMT

YES

FOR

1.14 Elect Christopher J. Williams

MGMT

YES

FOR

2.00 Adopt Stock Option Plan

MGMT

YES

FOR

3.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

4.00 Adopt Employee Stock Purchase Plan

MGMT

YES

FOR

5.00 Ratify Selection of Auditors

MGMT

YES

FOR

6.00 SP-Independent Board Chairman

SHLDR

YES

AGNST

FOR

7.00 SP-Report on Sustainability

SHLDR

YES

AGNST

FOR

8.00 SP-Link Executive Pay to Social Criteria

SHLDR

YES

AGNST

FOR

9.00 SP-Review or Curb Bioengineering

SHLDR

YES

AGNST

FOR

10.00 SP-Report on EEO

SHLDR

YES

AGNST

FOR

11.00 SP-Approve Extra Benefits Under Serps

SHLDR

YES

AGNST

FOR

Page 266 of 267

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

Trust: The Prudential Investment Portfolios, Inc.

Manager: Prudential

Fund: JENNISON GROWTH FUND #19F2

ISSUER NAME

TICKER

CUSIP

MTG DATE

MTG TYPE

Proposal
Type

Voted?

Vote
Cast

For/Agnst
Mgmt

Whole Foods Market

WFMI

966837106

3/22/2004

Annual

Adviser: Jennison Associates

1.01 Elect David W. Dupree

MGMT

YES

FOR

1.02 Elect Gabrielle E Greene

MGMT

YES

FOR

1.03 Elect John Mackey

MGMT

YES

FOR

1.04 Elect Morris J. Siegel

MGMT

YES

FOR

2.00 Add Shares to Stock Option Plan

MGMT

YES

FOR

3.00 Ratify Selection of Auditors

MGMT

YES

FOR

4.00 SP-Redeem or Vote on Poison Pill

SHLDR

YES

AGNST

FOR

Xilinx

XLNX

983919101

8/7/2003

Annual

Adviser: Jennison Associates

1.00 Elect Directors

MGMT

YES

FOR

2.00 Ratify Selection of Auditors

MGMT

YES

FOR

Yahoo Inc

YHOO

984332106

5/21/2004

Annual

Adviser: Jennison Associates

1.01 Elect Terry S. Semel

MGMT

YES

FOR

1.02 Elect Jerry Yang

MGMT

YES

FOR

1.03 Elect Roy J. Bostock

MGMT

YES

FOR

1.04 Elect Ronald W. Burkle

MGMT

YES

FOR

1.05 Elect Eric Hippeau

MGMT

YES

FOR

1.06 Elect Arthur H. Kern

MGMT

YES

FOR

1.07 Elect Robert A. Kotick

MGMT

YES

FOR

1.08 Elect Edward R. Kozel

MGMT

YES

FOR

1.09 Elect Gary L. Wilson

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 267 of 267

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.

The Prudential Investment Portfolios, Inc.

/s/ Judy A. Rice

Judy A. Rice, President

Date: August 23, 2004