New Alternatives Fund Inc. has developed a Business Continuity Plan on how it will respond to events that significantly disrupt Fund business.

Since the timing and impact of disasters and disruptions is unpredictable, the Fund will have to be flexible in responding to actual effects as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us – if after a significant business disruption you cannot contact us by telephone at our office at 800 423 8383, you can all our local number which is 631 423 7373, or go to the Fund’s website at http://www.newalternativesfund.com. More likely you will want to contact the Fund’s transfer agent, PFPC which maintains the Fund’s shareholder records and whom you would contact if you wanted to add to an account or redeem an account. The phone number for PFPC is 800 441 6580.

Our business continuity plan addresses: records of shareholders of New Alternatives Fund Inc (the Fund), backup of Fund records, regulatory reporting and assuring Fund shareholders of prompt access to their funds if we are unable to continue our business. The Fund’s transfer agent, PFPC, backs up our important records using their own facilities as well as several record storage enterprises.

In a disruption to only our firm or offices we will transfer our operations to a different local site when needed

For more information or if you have questions about our business continuity planning, please contact us at 800 423 8383.

May 1, 2006