KEMPER NEW EUROPE FUND INC
NT-NSAR, 2000-01-03
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United States
Securities and Exhange Commission
Washington, D.C.   20549

Form 12b-25

Notification of Late Filing

(Check one):
___ Form 10-K    __ Form 20-F   __ Form 11-K    ___ Form 10-Q    X  Form N-SAR

For the Period Ended:                                  October 31, 1999

Part I - Registrant Information

Full Name of Registrant                         Kemper New Europe Fund, Inc.

Former Name if Applicable

Address of Principal Executive Office (Street & Number)

                                                222 South Riverside Plaza
                                                Chicago,  IL  60606-5808

Part II - Rules 12b-25(b) and (c)

If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule
12b-25(b), the following should be completed.

(a) the reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense.

<PAGE>

(b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof, will
be filed on or before the fifteenth calendar day following the
prescribed due date; or the subject quarterly report transition
report on form 10-Q, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date.

(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable

Part III - Narrative

State below in reasonable detail the reasons why the Form 10-K, 11-K,
10-Q, N-SAR, or the transition report or portion thereof, could not
be filed within the prescribed time period.

The registrant requests additional time to file form NSAR so that it
can compile the necessary information to file a complete and accurate
document.

Part IV - Other Information

(1)     Name and telephone number of person to contact in regard to this
notification

                       Philip J. Collora, Vice President and Secretary
                       312.537.7000

(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months been
filed?

                       Yes

(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year
will be reflected by the earnings statements to be included in the
subject report or portion thereof?

                       No


(Name of Registrant as Specified in Charter)    Kemper New Europe Fund, Inc.
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date:                  1/3/2000                       By:    Lauren Giudice
                                                     /s/:    Lauren Giudice


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