GF New Germany Fund Inc

The New Germany Fund, Inc. (GF) announced that its adjourned 2005 annual stockholders meeting was again adjourned today in order to confirm a quorum. The meeting will reconvene at 5:00 PM today, June 22, 2005 at 345 Park Avenue, New York, NY. Based on the preliminary advice of the Fund's proxy solicitor, it was believed a quorum has been attained. However, in order to determine finally the presence of a quorum the meeting was again adjourned. The New Germany Fund, Inc. is a non-diversified, closed-end investment company seeking capital appreciation primarily through investment in the Mittelstand - an important group of small and mid-cap German companies. The Fund may invest up to 35% of its assets in large cap German companies, and up to 20% in other Western European companies. Its shares are listed on the New York Stock Exchange under the symbol "GF". The Fund is not diversified and may focus its investments in certain geographic regions, thereby increasing its vulnerability to developments in that region. Investing in foreign securities presents certain unique risks not associated with domestic investments, such as currency fluctuation, political and economic change, and market risks. This may result in greater share price volatility. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the Fund's shares is determined by a number of factors, several of which are beyond the control of the Fund. Therefore, the Fund cannot predict whether its shares will trade at, below or above net asset value. (06/05 39105) NOT FDIC/ NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY