<PAGE>
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 DECEMBER 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
12-01 GF 25500 11.2623 14.24 Weeden & Co.
12-02 " " 25500 11.2010 14.21 " "
12-03 " " 21000 11.5000 14.21 " "
12-07 " " 24000 11.3125 14.56 " "
12-08 " " 9100 11.2974 14.72 " "
12-09 " " 10000 11.4375 14.84 " "
12-10 " " 24000 11.5245 14.75 " "
12-14 " " 21600 11.5451 14.64 " "
12-15 " " 19800 11.4059 14.32 " "
12-16 " " 11600 11.5625 14.68 " "
12-17 " " 21600 11.7141 14.67 " "
12-20 " " 17900 11.6529 14.52 " "
12-21 " " 17900 11.4962 14.68 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement 01/03/00
Page 1
<PAGE>
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 DECEMBER 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
12-22 GF 17900 11.8024 14.75 Weeden & Co.
12-23 " " 17900 12.1149 15.10 " "
12-27 " " 17500 12.3482 14.98 " "
12-28 " " 17500 12.1071 14.90 " "
12-29 " " 17500 12.1154 14.88 " "
12-30 " " 17500 12.0357 15.00 " "
12-31 " " 16900 12.2356 15.07 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement 01/03/00
Page 2
