The Korea Fund, Inc. (the "Fund") (NYSE: KF), a non-diversified, closed-end investment company, which seeks long-term capital appreciation through investing primarily in equity securities trading on the Korean stock exchanges, today announced its results for the fiscal quarter ended September 30, 2010.
   

At September 30,

2010
     

2009
Net Assets $ 469,452,560 $ 397,552,897
Shares Outstanding 10,205,577 10,446,041
Net Asset Value ("NAV") $ 46.00 $ 38.06
Market Price $ 42.00 $ 34.43
Discount to NAV (8.70 )% (9.54 )%
 
 

Quarter ended September 30,

2010

2009
Net Investment Loss $ (696,995 ) $ (980,433 )
Per Share $ (0.07 ) $ (0.09 )
Net Realized and Change in Unrealized Gain $ 76,784,688 $ 91,325,561
Per Share $ 7.53 $ 8.74

RCM Capital Management LLC and RCM Asia Pacific Limited are the Fund's investment manager and sub-adviser, respectively.