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 FEBRUARY 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
2-1 GF 10500 12.6768 15.33 Bear Stearns
2-2 " " 62500 12.4327 15.34 Paine Webber
2-3 " " 11000 12.2955 15.19 " "
2-4 " " 5000 12.3125 15.12 " "
2-5 " " 8000 12.125 15.35 " "
2-8 " " 69000 12.1875 15.45 " "
2-10 " " 19800 11.9072 15.27 Bear Stearns
2-11 " " 18000 12.1587 15.28 Paine Webber
2-12 " " 10000 12.1875 15.26 " "
2-16 " " 21000 12.3051 15.16 Bear Stearns
2-17 " " 15900 12.1419 15.23 " "
2-18 " " 20000 12.125 15.19 " "
2-19 " " 7200 12.1771 14.98 " "
2-22 " " 8300 12.00 14.82 Paine Webber
2-23 " " 45000 12.2361 14.79 " "
2-24 " " 10000 12.2813 14.90 " "
2-25 " " 12000 12.0625 14.91 " "
2-26 " " 15000 12.0625 14.78 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement 3/10/99
