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European Equity Fund Announces Distribution
Germany Funds



New York, December 11, 2006 -- The European Equity Fund, Inc. (EEA) announced today that its Board of Directors declared an ordinary income dividend of $0.29 per share payable in cash.

The record date is December 21, 2006 and the payable date will be December 28, 2006. The shares will trade "ex-dividend" on December 19, 2006.
The European Equity Fund, Inc. (formerly The Germany Fund, Inc.) seeks long-term capital appreciation through investment primarily (normally at least 80% of its assets) in equity and equity-linked securities of companies domiciled in countries utilizing the Euro currency. Its shares are listed on the New York Stock Exchange under the symbol "EEA".



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