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 JULY 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 07-01 GF 15000 4.9429 6.13 Weeden & Co. 07-02 " " 2100 5.0300 6.22 " " 07-03 " " 1000 5.0100 6.20 " " 07-07 " " 1000 5.0500 6.26 " " 07-08 " " 10000 5.1126 6.28 " " 07-09 " " 2000 5.0700 6.28 " " 07-10 " " 11000 5.1000 6.23 " " 07-11 " " 9300 5.0772 6.25 " " 07-14 " " 2000 5.1195 6.38 " " 07-15 " " 1500 5.2307 6.41 " " 07-16 " " 1000 5.2000 6.38 " " 07-17 " " 1000 5.1500 6.32 " " 07-18 " " 1000 5.1400 6.38 " " 07-21 " " 8000 5.1500 6.40 " " 07-22 " " 8000 5.2244 6.42 " " 07-23 " " 3000 5.2000 6.43 " " 07-24 " " 8000 5.3921 6.59 " " 07-25 " " 1000 5.3100 6.62 " " 07-28 " " 7000 5.4963 6.63 " " 07-29 " " 7500 5.4680 6.62 " " 07-30 " " 3000 5.5000 6.57 " " 07-31 " " 6000 5.5000 6.60 " " The New Germany Fund, Inc. (Name of Registrant) By Isabella Chan - Fund Administrator Date of Statement 8/8/03