The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc., and The New Germany Fund, Inc. Make Yearly Distribution Announcements

The Central and Eastern Europe Fund, Inc. (NYSE: CEE), The New Germany Fund, Inc. (NYSE: GF) and The European Equity Fund, Inc. (NYSE: EEA) (each, a “Fund,” and collectively, the “Funds”) each announced today that its Board of Directors declared the distributions set forth below. CEE’s and EEA’s total distributions will be paid in stock except that any stockholder of record as of December 29, 2023 may elect to receive such distribution in cash. GF’s total distributions will be paid in cash to the stockholders of record as of December 29, 2023.

Details for each Fund’s 2023 yearly December distributions are as follows:

Declaration- 12/19/2023       Ex-Date- 12/28/2023       Record- 12/29/2023       Payable- 1/26/2024

Fund	Ticker	Net Investment Income per Share	Short-Term Capital Gains per Share	Long-Term Capital Gains per Share	Total Distribution per Share
The Central and Eastern Europe Fund, Inc.	CEE	$0.3651	$0.0000	$0.0000	$0.3651
The New Germany Fund, Inc.	GF	$0.0566	$0.0000	$0.0000	$0.0566
The European Equity Fund, Inc.	EEA	$0.1394	$0.0000	$0.0000	$0.1394

For more information on each Fund, including the most recent month-end performance, visit www.dwsfunds.com or call [phone].

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one-time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. 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.