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KOREA FUND INC Director's Dealing 2008

Apr 10, 2008

34024_dirs_2008-04-10_6da765f4-b99d-48c0-89f2-f4a953a92acd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KOREA FUND INC (KF)
CIK: 0000748691
Period of Report: 2008-04-08

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-04-08 Common Stock, par value $.01 per share S 12500 $24.5386 Disposed 1036945 Direct
2008-04-08 Common Stock, par value $.01 per share S 23300 $24.5386 Disposed 0 Direct
2008-04-09 Common Stock, par value $.01 per share S 24900 $24.2770 Disposed 466838 Direct
2008-04-09 Common Stock, par value $.01 per share S 100 $24.2770 Disposed 315 Direct

Holdings (Non-Derivative)

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

Footnotes

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 and 5.

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 and 5.

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 Global Emerging Market Country Fund Cayman.