 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. Each Funds total distributions will be paid in stock except that any stockholder of record as of December 30, 2019 may elect to receive such distribution in cash. 