SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-23C-1
STATEMENT BY REGISTERED CLOSED-END
INVESTMENT COMPANY WITH RESPECT TO
PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH
REPORT FOR CALENDAR MONTH MAY 1999
THE NEW GERMANY FUND, INC.
(Name of registered closed-end investment company)
Approx Asset
Date Number Price Value or Approx Seller
Each Ident Shrs Per Asset Cov/Shr or Seller's
Trans Sec Purch Share at Time of Purch Broker
5-4 GF 13100 12.0138 14.87 Weeden & Co.
5-5 " " 5300 12.00 14.97 " "
5-6 " " 13000 12.1168 15.20 " "
5-7 " " 12000 12.125 15.15 " "
5-10 " " 13600 12.1255 15.05 " "
5-11 " " 13000 12.4106 15.10 " "
5-12 " " 13600 12.233 15.04 " "
5-13 " " 2800 12.1875 14.95 " "
5-17 " " 14000 11.9795 14.86 " "
5-18 " " 14400 12.2049 14.89 " "
5-19 " " 13000 12.2428 14.93 " "
5-20 " " 14400 12.50 14.98 " "
5-21 " " 14000 12.50 14.86 " "
5-24 " " 15000 12.50 14.83 " "
5-25 " " 14500 11.9983 14.72 " "
5-26 " " 10900 11.9507 14.54 " "
5-27 " " 15000 11.8438 14.37 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement 6/9/99
