-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 AU04r5XH+QIx0Q2ALk9J63O6WM2Qsdu2cYwHRPCCaqYqZgPjoEB3RhsvpZoz9P/5
 Gu+Y57aBv3eMpyOKNOPt1A==

<SEC-DOCUMENT>0000858706-01-500004.txt : 20010410
<SEC-HEADER>0000858706-01-500004.hdr.sgml : 20010410
ACCESSION NUMBER:		0000858706-01-500004
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010330
FILED AS OF DATE:		20010403

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW GERMANY FUND INC
		CENTRAL INDEX KEY:			0000858706
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133555471
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		
		SEC FILE NUMBER:	817-00201
		FILM NUMBER:		1592945

	BUSINESS ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2124741694

	MAIL ADDRESS:	
		STREET 1:		280 PARK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	LENOX FUND INC
		DATE OF NAME CHANGE:	19900115
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-23C-1
<SEQUENCE>1
<FILENAME>n23c1new03.txt
<TEXT>


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 2001

           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

03-01    GF     8700     8.5709       10.40	       Weeden & Co.
03-02   " "     5900     8.5846       10.61              " "
03-05   " "     7000     8.6086       10.45              " "
03-06   " "     9000     8.7953       10.71		   " "
03-07   " "     7000     8.8237       10.79              " "
03-08   " "     8600     8.7700       10.65              " "
03-09   " "     9000     8.6567       10.47              " "
03-12   " "     9000     8.4717       10.07              " "
03-13   " "     7500     8.1835        9.85              " "
03-14   " "     9000     8.0244        9.45              " "
03-15   " "     2500     7.9492        9.49              " "
03-16   " "     9000     7.8889        9.28              " "
03-19   " "     7000     7.6886        9.12              " "
03-20   " "     8500     7.8535        9.37              " "
03-26   " "     8000     7.5500        8.94              " "
03-28   " "     8000     7.4475        8.89              " "
03-29   " "     7700     7.3682        8.76              " "
03-30   " "     7400     7.2662        8.87              " "



The New Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          04/02/01



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
