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2008 Central Europe & Russia Fund New Germany Fund European Equity Fund* 1st Quarter 2007 Central Europe & Russia Fund New Germany Fund European Equity Fund* Annual Third Quarter Semi-Annual 1st Quarter 2006 Central Europe & Russia Fund New Germany Fund European Equity Fund* Annual Third Quarter Semi-Annual 1st Quarter 2005 Central Europe & Russia Fund New Germany Fund European Equity Fund* Annual Third Quarter Semi-Annual 1st Quarter 2004 Central Europe & Russia Fund New Germany Fund Germany Fund Annual Third Quarter Semi-Annual 1st Quarter 2003 Central Europe & Russia Fund New Germany Fund Germany Fund Annual 3rd Quarter Semi-Annual 1st Quarter 2002 Central European Equity New Germany Fund Germany Fund Annual Top of Page 50768 (8/07) © 1997 - 2008 Managed by the Deutsche Bank Group. Listed on the New York Stock Exchange. * formerly Germany Fund (Change Effective Oct 28, 2005) Fund shares are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Fund shares involve investment risk, including possible loss of principal. 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. Performance is historical, assumes reinvestment of all dividend and capital gain distributions and does not guarantee future results. Investment return and principal value fluctuate with changing market conditions, so that, when sold, shares may be worth more or less that the original cost. Current performance may be lower or higher than the performance data quoted.    Latest Fact Sheets European Equity Fund (NYSE: EEA) Formerly Germany Fund, Inc. March 2008 New Germany Fund (NYSE: GF) March 2008 Central Europe and Russia Fund (NYSE: CEE) March 2008 Press Releases May 5, 2008 THE NEW GERMANY FUND, THE EUROPEAN EQUITY FUND AND THE CENTRAL EUROPE AND RUSSIA FUND ANNOUNCE ANNUAL STOCKHOLDERS MEETINGS April 25, 2008 The New Germany Fund, Inc. Announces Distribution April 25, 2008 The European Equity Fund, Inc. Announces Distribution February 6, 2008 The New Germany Fund, Inc. Announces Final Results of Tender Offer February 4, 2008 The New Germany Fund, Inc. Announces Expiration and Preliminary Results of Tender Offer January 15, 2008 The New Germany Fund, Inc. Releases Portfolio Holdings December 21, 2007 The New Germany Fund, Inc. Announces Tender Offer Commencement December 12, 2007 The New Germany Fund, Inc. Announces Year-end Distribution December 12, 2007 The European Equity Fund, Inc. Announces Year-end Distribution December 12, 2007 The Central Europe and Russia Fund, Inc. Announces Year-end Distribution October 24, 2007 The New Germany Fund, Inc. Announces Approval of Settlement Agreement July 30, 2007 The New Germany Fund, Inc. Board of Directors Approve Settlement Agreement June 26, 2007 The Central Europe and Russia Fund, Inc. announces annual meeting vote June 26, 2007 The European Equity Fund, Inc. announces annual meeting vote June 26, 2007 The New Germany Fund, Inc. announces annual meeting vote May 7, 2007 EEA / CEE Annual Shareholder meeting announcement April 30, 2007 EEA / CEE Annual Shareholder meeting announcement April 24, 2007 The New Germany Fund, INC. announces distribution April 24, 2007 The European Equity Fund, INC. announces distribution April 12, 2007 The New Germany Fund, INC. announces annual Stockholders Meeting Contact Main Address 345 Park Avenue New York, NY 10154 Tel: +1 (800) GERMANY Tel: +1 (800) 349-4281   Manager Deutsche Investment Management Americas Inc. 345 Park Ave. NY, NY 10154 Tel: +1 (800) 349-4281 Fax: +1 (212) 454-2043 [additional Contact Information...]