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NEW GERMANY FUND INC Director's Dealing 2005

May 5, 2005

33753_dirs_2005-05-05_415348d0-2419-47f1-84e5-c373868f65ed.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW GERMANY FUND INC (GF)
CIK: 0000858706
Period of Report: 2005-05-05

Reporting Person: GOELTZ RICHARD KARL (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-05-05 Common Stock P 163.399 $9.18 Acquired 10119.78 Direct