-----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,
 P18KT6HSbRYOcxpE73x6Bi4ngUe9bIVplnFxQi5qW1BfBiKR5lW0hidV8E1szyFX
 ZoFIQssJo9ePAmHheuSLBA==

<SEC-DOCUMENT>0000858706-02-000004.txt : 20020415
<SEC-HEADER>0000858706-02-000004.hdr.sgml : 20020415
ACCESSION NUMBER:		0000858706-02-000004
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020228
FILED AS OF DATE:		20020305

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW GERMANY FUND INC
		CENTRAL INDEX KEY:			0000858706
		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:		02567221

	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>n23c1new0202.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 FEBRUARY 2002

           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

02-01    GF     5900     6.0549       7.27	       Weeden & Co.
02-04   " "     6000     5.9400       7.22              " "
02-05   " "     5800     5.8759       7.20              " "
02-06   " "     5900     5.8156       7.06		  " "
02-07   " "     6000     5.9100       7.07              " "
02-08   " "     5900     5.8768       7.10              " "
02-11   " "     6000     5.9688       7.26              " "
02-12   " "     5800     5.9186       7.19              " "
02-13   " "     6000     5.9218       7.12              " "
02-14   " "     5900     5.9803       7.07              " "
02-15   " "     6000     5.8850       6.94              " "
02-19   " "     3000     5.7400       6.64              " "
02-20   " "     2800     5.6307       6.70              " "
02-21   " "     2500     5.6000       6.77              " "
02-22   " "     2900     5.5900       6.75              " "
02-25   " "     3000     5.5800       6.79              " "
02-26   " "     1500     5.6800       6.81              " "
02-27   " "     2500     5.7200       6.88              " "
02-28   " "     1600     5.7613       6.83              " "



The New Germany Fund, Inc.
    (Name of Registrant)
By Isabella Chan - Fund Administrator
Date of Statement          03/01/02




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