THE FRANCE GROWTH FUND, INC.
1285 Avenue of the Americas
c/o Mitchell Hutchins Asset Management, Inc.
New York, NY 10019
January 19, 2001
VIA ELECTRONIC TRANSMISSION
File Desk
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, DC 20549
RE: Form N-23C-1
The France Growth Fund, Inc. (the "Fund")
File No. 811-05994
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Ladies and Gentlemen:
Attached hereto for electronic filing on behalf of the Fund pursuant to
Rule N-23C-1 under the Investment Company Act of 1940, as amended (the "1940
Act"), and Rule 101(a) of Regulation S-T is Form N-23C-1 reporting open-market
share repurchases by the Fund effected during the month of November.
If you have any questions or comments concerning this filing please contact
the undersigned at (617) 526-6276 (collect).
Very truly yours,
/s/ Charles F. McCain
Charles F. McCain
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
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
(See rules and instructions on back of this form.
If acknowledgment is desired, file this form with the Commission
in triplicate.)
REPORT FOR CALENDAR MONTH ENDING: November 2000
The France Growth Fund, Inc.
(Name of registered closed-end investment company)
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<TABLE>
<CAPTION>
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Approximate Asset
Number of Value or approximate
Shares asset coverage per
Date of each Identification of Purchased Price per Share share at time of Name of Seller or
Transaction Security purchase of Seller's Broker
----------------- --------------------- -------------- ----------------- ---------------------- --------------------
<S> <C> <C> <C> <C> <C>
11/15/00 Common Stock 5,000 10.99 12.30 PaineWebber, Inc.
----------------- --------------------- -------------- ----------------- ---------------------- --------------------
11/16/00 Common Stock 5,000 10.9375 12.20 PaineWebber, Inc.
----------------- --------------------- -------------- ----------------- ---------------------- --------------------
11/17/00 Common Stock 5,000 10.8750 11.95 PaineWebber, Inc.
----------------- --------------------- -------------- ----------------- ---------------------- --------------------
</TABLE>
REMARKS: None The France Growth Fund, Inc
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Name of Registrant
By: /s/ Frederick J. Schmidt
Name: Frederick J. Schmidt
Title: Vice President and Treasurer
