The Korea Fund, Inc. (the “Fund”) (NYSE: KF) announced today a semi-annual portfolio manager conference call, to be held at 10:00 a.m. ET, on March 12, 2013. This call is being held as part of the Fund’s ongoing effort to provide additional communication to its shareholders. Sang Won Kim, lead portfolio manager of the Fund at RCM Asia Pacific Limited (“RCM AP”), will present an economic update on Korea during the call. Mr. Kim joined RCM AP in May 2007 as a portfolio manager for Korean equity portfolios and has over a decade of experience in researching and analyzing companies in South Korea. Raymond Chan, Chief Investment Officer of RCM AP and portfolio manager of the Fund, will present an outlook on Asia. Mr. Chan began his investment career in 1989 and his investment experience includes a focus on equity markets in South Korea, Hong Kong, China and Taiwan. The dial-in number for the conference call is (888) 771-4371 and the pass code is 34351663. The call will be available for replay for 4 weeks. Individuals dialing into the call will have an opportunity to ask questions following the portfolio manager presentations. The replay number is (888) 843-7419 and the replay pass code is 34351663#. The conference call replay will also be made available on the Fund’s website at www.thekoreafund.com. International callers may access a list of local and international freephone telephone numbers for dialing into the conference call through the following link: https://www.yourconferencecenter.com/AlternateNumbers/alternatenumbers.aspx?100500&t=A&o=UGLMRUedVTUzDm 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 “KF.” RCM Capital Management LLC and RCM AP are the Fund’s investment manager and sub-adviser, respectively. 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 Fund’s 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.