News Column

The Korea Fund, Inc. Posts Updated Closed-End Fund Card

August 29, 2014

NEW YORK--(BUSINESS WIRE)-- The Korea Fund, Inc. (NYSE:KF) (the ďFundĒ) announced today that its fund card, entitled Monthly Insights, which contains the Managerís Commentary and statistical information on the Fund as of July 31, 2014, will be available in the Literature section at on August 30, 2014.

In order to provide more frequent communication to shareholders, the fund card will be published approximately 30 days after month end to the Fundís website.

The Korea Fund, Inc. is a non-diversified, closed-end investment company. The Fund seeks long-term capital appreciation through investing primarily in equity securities trading on the Korean stock exchanges. Its shares are listed on the New York Stock Exchange under the symbol ďKF.Ē

Allianz Global Investors U.S. LLC is the Fundís investment manager. Investment in closed-end funds involves risks. Additional risks are associated with international investing, such as currency fluctuation, government regulations, economic changes and differences in liquidity, which may increase the volatility of your investment. Foreign security markets generally exhibit greater price volatility and are less liquid than the U.S. market. Additionally, this Fund focuses its investments in certain geographical regions, thereby increasing its vulnerability to developments in that region. All of these factors potentially subject the Fundís shares to greater price volatility. The net asset value of the Fund will fluctuate with the value of the underlying securities. Closed-end funds trade on their market value, not net asset value, and closed-end funds often trade at a discount to their net asset value.

The Fundís daily New York Stock Exchange closing price and net asset value per share, as well as other information, including updated portfolio statistics and performance are available at www.thekoreafund.comor by calling the Fundís shareholder servicing agent at (800) 254-5197.

Statements made in this release that look forward in time involve risks and uncertainties and are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fundís performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability to attract or retain key employees, inability to implement its operating strategy and/or acquisition strategy, and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.

This announcement is not an offer to purchase or the solicitation of an offer to sell shares of the Fund or a prospectus, circular or representation intended for use in the purchase or sale of Fund shares.

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.

The Korea Fund, Inc.

Financial Advisors: (800) 926-4456


Shareholders: (800) 254-5197


Media Relations: (212) 739-3501


Julian Reid (Chairman of the Board) +44-7768 068 200

Source: The Korea Fund, Inc.

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