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 MARCH 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
3-1 GF 20000 11.9063 14.62 Paine Webber
3-2 " " 15000 11.75 14.58 " "
3-3 " " 10000 11.4375 14.53 " "
3-4 " " 23000 11.3125 14.43 Weeden & Co.
3-5 " " 20000 11.8531 14.50 " "
3-9 " " 14000 11.6473 14.69 " "
3-10 " " 16000 11.7188 14.61 " "
3-15 " " 19000 12.2993 14.98 " "
3-16 " " 14000 12.4839 14.99 " "
3-17 " " 14000 12.0893 15.08 " "
3-18 " " 19000 12.00 15.14 Paine Webber
3-19 " " 15000 12.375 14.97 " "
3-22 " " 20000 12.1806 14.90 " "
3-23 " " 16000 11.8125 14.78 " "
3-24 " " 8500 11.4743 14.67 " "
3-25 " " 10000 11.8125 14.87 " "
3-26 " " 12000 11.6891 14.68 " "
3-29 " " 17000 11.911 14.61 " "
3-31 " " 9200 11.9158 14.78 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Laura Weber - Assistant Treasurer
Date of Statement 4/12/99
