Presentation by

Mr. Hanspeter Ackermann, Chief Investment Officer
The New Germany Fund, Inc.

With an introduction by

Mr. Josef Naegel, Head of Neuer Markt

Florida Conference Schedule:

Monday, May 22nd

MIAMI	Breakfast & Presentation
	8:00 – 9:00 a.m.
	Hotel Inter-Continental Miami
	100 Chopin Plaza

CORAL GABLES	Lunch & Presentation
	12:00 - 1:00 p.m.
	Hyatt Regency Coral Gables
	50 Alhambra Plaza

FT. LAUDERDALE	Cocktail Reception & Presentation
	5:00 – 6:00 p.m.
	Ft. Lauderdale Marina Marriott
	1881 SE 17th Street

Tuesday, May 23rd

BOCA RATON	Breakfast & Presentation
	8:00 – 9:00 a.m.
	Boca Raton Marriott
	5150 Town Center

PALM BEACH	Lunch & Presentation
	112:00 - 1:00 p.m.
	Palm Beach Hilton
	2842 South Ocean Boulevard

TAMPA	Cocktail Reception & Presentation
	5:00 – 6:00 p.m.
	Hyatt Regency Tampa
	Two Tampa City Center

For Reservations Please Contact: Capital Link, Inc. (212) 661-7566

The New Germany Fund, Inc.
www.newgermanyfund.com

March 27, 2000

Dear Investment Professional,

The New Germany Fund, Inc. and the Neuer Markt are pleased to invite you to attend presentation on Germany: Transformation and Growth. Mr. Hanspeter Ackermann, Chief Investment Officer of The New Germany Fund and Mr. Joseph Naegel, Head of the Neuer Markt will be presenting on the growth and transformation of the German marketplace.

The New Germany Fund is a closed-end country fund listed on the New York Stock Exchange (GF) with $550 million in assets under management. The Investment Manager is Deutsche Bank Securities, Inc. The Fund’s objective is long-term capital appreciation through investment in small – mid-cap German companies, and it may invest 20% of total assets in other western European countries. The Fund outperformed the benchmark, the MDAX index, last year due largely to its increased weighting in the Neuer Markt. The Fund is up 31% since the beginning of the year and presently has about 35% of its assets in the Neuer Markt—Europe’s new "NASDAQ".

*Since closed-end funds frequently trade at discounts, market price performance may differ for investors.

Deutsche Börse’s Neuer Markt is comprised of the fastest growing companies in Germany and across Europe with 234 listed companies. The market was launched on March 10, 1997 as a new trading segment at the Frankfurt Stock Exchange. Companies listed on the Neuer Markt are typically in industries perceived as growth-oriented, such as telecoms, biotechnology, multimedia or environmental technology and companies which offer new products or services of innovation. It is aimed at both private and institutional investors worldwide.

It is a very exciting time for Germany, and many changes are taking place. The economic recovery and transformation are in progress, with major tax reforms expected to take effect next year. Germany will be the market to watch in 2000! We hope that you can join us and look forward to your participation. For additional information about the funds please visit: www.germanyfund.com.