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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000858706-02-000001.txt : 20020413
<SEC-HEADER>0000858706-02-000001.hdr.sgml : 20020413
ACCESSION NUMBER:		0000858706-02-000001
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20011231
FILED AS OF DATE:		20020102

FILER:

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

	FILING VALUES:
		FORM TYPE:		N-23C-1
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	817-00201
		FILM NUMBER:		2500342

	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>n23c1new12.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 DECEMBER 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

12-03    GF     2000     5.9800       7.53	       Weeden & Co.
12-04   " "     1800     6.0300       7.63              " "
12-05   " "     1900     6.1474       7.78              " "
12-06   " "     2000     6.2000       7.73		  " "
12-07   " "     1700     6.1671       7.65              " "
12-10   " "     2000     6.1150       7.45              " "
12-11   " "     1700     6.0671       7.51              " "
12-12   " "     2000     6.0900       7.49              " "
12-13   " "     1800     6.0889       7.40              " "
12-14   " "     2000     6.0200       7.30              " "
12-17   " "     3000     6.1173       7.43              " "
12-18   " "     2800     6.0643       7.50              " "
12-19   " "     2900     6.0193       7.43              " "
12-20   " "     3000     6.0633       7.40              " "
12-21   " "     2800     6.0300       7.38              " "
12-24   " "     3000     5.9650       7.29              " "
12-26   " "     3000     5.9067       7.29              " "
12-27   " "     2800     5.9357       7.38              " "
12-28   " "     3000     5.9720       7.40              " "



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




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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