KOREA FUND INC - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOREA FUND INC (KF)
CIK: 0000748691
Period of Report: 2007-10-25

Reporting Person: CITY OF LONDON INVESTMENT GROUP PLC (10% Owner)
Reporting Person: CITY OF LONDON INVESTMENT MANAGEMENT CO LTD (10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-25	Common Stock, par value $.01 per share	S	15600	$48.2736	Disposed	0	Direct
2007-10-26	Common Stock, par value $.01 per share	S	26700	$50.0763	Disposed	1478874	Direct
2007-10-25	Common Stock, par value $.01 per share	S	10300	$48.2736	Disposed	616807	Direct
2007-10-26	Common Stock, par value $.01 per share	S	12800	$50.0763	Disposed	389791	Direct
2007-10-26	Common Stock, par value $.01 per share	S	13820	$50.0763	Disposed	714297	Direct

Security	Shares	Ownership
Common Stock, par value $.01 per share	0	Direct
Common Stock, par value $.01 per share	0	Direct

F1: Regarding CLIG: CLIG has no pecuniary interest in any of the shares owned directly by the funds or accounts listed in note 3,
4, 5 and 6.

F2: Regarding CLIM: CLIM has no pecuniary interest in any of the shares owned directly by the funds or accounts listed in note 3,
4, 5 and 6.

F3: These securities are beneficially owned by segregated accounts for which CLIM provides investment advisory services.

F4: These securities are beneficially owned by Emerging Markets Country Fund

F5: These securities are beneficially owned by The Emerging World Fund

F6: These securities are beneficially owned by Investable Emerging Market Country Fund