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 JANUARY 2003 THE 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 01-02 GER 700 4.7614 5.56 Weeden & Co. 01-03 " " 2000 4.8070 5.56 "" 01-06 " " 2000 4.7840 5.72 "" 01-07 " " 1000 4.9000 5.61 "" 01-08 " " 500 4.8400 5.38 "" 01-09 " " 1000 4.8200 5.49 "" 01-10 " " 500 4.9280 5.54 "" 01-13 " " 3000 5.0500 5.60 "" 01-14 " " 2000 5.0000 5.69 "" 01-15 " " 6000 5.0500 5.60 "" 01-16 " " 5000 4.9524 5.61 "" 01-17 " " 2000 4.8400 5.42 "" 01-21 " " 3000 4.7800 5.35 "" 01-22 " " 2000 4.7100 5.23 "" 01-23 " " 2500 4.6400 5.26 "" 01-24 " " 2000 4.6045 5.12 "" 01-27 " " 4000 4.5050 4.97 "" 01-28 " " 1000 4.5000 5.00 "" 01-29 " " 1500 4.4070 5.07 "" 01-30 " " 2500 4.4700 4.99 "" 01-31 " " 2000 4.4170 5.08 "" The Germany Fund, Inc. (Name of Registrant) By Corinna Chan - Fund Administrator Date of Statement 1/05/03