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 OCTOBER 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 10-01 GF 6500 5.8974 7.29 Weeden & Co. 10-02 " " 7000 5.9429 7.29 " " 10-03 " " 2000 6.0365 7.36 " " 10-06 " " 3000 5.9800 7.42 " " 10-07 " " 8000 5.9688 7.44 " " 10-08 " " 8000 6.0573 7.55 " " 10-09 " " 8000 6.2500 7.66 " " 10-10 " " 7000 6.2600 7.66 " " 10-13 " " 6000 6.3790 7.72 " " 10-14 " " 5000 6.3800 7.68 " " 10-15 " " 9000 6.3857 7.81 " " 10-16 " " 5500 6.3800 7.85 " " 10-17 " " 9500 6.3623 7.77 " " 10-20 " " 10500 6.4724 7.81 " " 10-21 " " 4000 6.5193 7.87 " " 10-22 " " 10000 6.5000 7.81 " " 10-23 " " 8000 6.3800 7.74 " " 10-24 " " 3700 6.3322 7.76 " " 10-27 " " 10000 6.4313 7.82 " " 10-28 " " 9000 6.5087 7.85 " " 10-29 " " 8000 6.6015 7.97 " " 10-30 " " 5500 6.6362 8.04 " " 10-31 " " 300 6.5600 8.05 " " The New Germany Fund, Inc. (Name of Registrant) By Isabella Chan - Fund Administrator Date of Statement 11/3/03