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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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 QClxLVGSshXgXVl3UFxdQg==

<SEC-DOCUMENT>0000858706-02-000005.txt : 20020415
<SEC-HEADER>0000858706-02-000005.hdr.sgml : 20020415
ACCESSION NUMBER:		0000858706-02-000005
CONFORMED SUBMISSION TYPE:	N-23C-1
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20020331
FILED AS OF DATE:		20020403

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:		02600658

	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>n23c1new0302.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 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

03-01    GF     2900     5.7900       6.91	       Weeden & Co.
03-04   " "     1600     5.9488       7.00              " "
03-05   " "     2900     5.9759       6.96              " "
03-06   " "     1900     5.9095       7.05		  " "
03-07   " "     2900     5.9803       7.14              " "
03-08   " "     1600     6.0300       7.17              " "
03-11   " "     2900     5.9790       7.15              " "
03-12   " "     1800     5.9111       6.97              " "
03-13   " "     2500     5.9000       6.92              " "
03-14   " "     2500     5.9000       7.00              " "
03-15   " "     2200     5.9100       7.00              " "
03-19   " "     3000     5.9500       7.11              " "
03-20   " "     1600     5.9500       7.07              " "



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




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