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 2003
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
03-03 GF 900 3.6400 4.57 Weeden & Co.
03-04 " " 1000 3.6000 4.55 " "
03-05 " " 1500 3.6000 4.56 " "
03-06 " " 1000 3.5900 4.52 " "
03-10 " " 1000 3.6100 4.41 " "
03-11 " " 1200 3.5100 4.40 " "
03-12 " " 800 3.4850 4.31 " "
03-13 " " 700 3.5400 4.38 " "
03-14 " " 1500 3.5300 4.41 " "
03-17 " " 2000 3.6390 4.48 " "
03-18 " " 1000 3.6900 4.55 " "
03-19 " " 1500 3.7000 4.57 " "
03-20 " " 800 3.6088 4.55 " "
03-21 " " 700 3.7300 4.54 " "
03-24 " " 1500 3.6300 4.50 " "
03-25 " " 2000 3.5660 4.55 " "
03-26 " " 800 3.5700 4.59 " "
03-27 " " 1300 3.5300 4.60 " "
03-28 " " 2100 3.5800 4.61 " "
03-31 " " 1500 3.5193 4.61 " "
The New Germany Fund, Inc.
(Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement 04/02/03