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The Korea Fund, Inc. Reports Results For The Fiscal Quarter And Year Ended June 30, 2012

The Korea Fund, Inc. (the "Fund") (NYSE: KF), a non-diversified, closed-end investment company, which seeks long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies, today announced its results for the fiscal quarter and year ended June 30, 2012.

  At June 30,
2012   2011
Net Assets $387,629,014 $549,088,581
Shares Outstanding 9,568,105 (a) 10,057,977
Net Asset Value ("NAV") $40.51 $54.59
Market Price $36.56 $49.27
Discount to NAV (9.75)% (9.75)%
Quarter ended June 30,
2012 2011
Net Investment Loss $(862,997) $(825,793)
Per Share $(0.10) $(0.08)
Net Realized and Change in Unrealized Gain (Loss) $(34,206,470) $10,262,690
Per Share $(3.56) $1.04
Year ended June 30,
2012 2011
Net Investment Income (Loss) $(1,276,609) $94,027
Per Share $(0.14) $0.01
Net Realized and Change in Unrealized Gain (Loss) $(86,617,576) $165,723,958
Per Share $(8.72) $16.29

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