WEISS KOREA OPPORTUNITY FUND LTD.

Transaction in Own Shares • Feb 9, 2015

National Storage Mechanism | Additional information

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WEISS KOREA OPPORTUNITY FUND - Share Buy-Back Programme

PR Newswire

London, February 9

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR SOUTH AFRICA OR TO U.S. PERSONS Weiss Korea Opportunity Fund Ltd. ("Weiss Korea" or "the Company") (a closed-ended investment scheme incorporated with limited liability under the laws of Guernsey with registered number 56535) 9 February 2015 Share Buy-Back ProgrammeAt the Company's last annual general meeting on 28 July 2014 ("the AGM"), WeissKorea shareholders granted the Company a general buy-back authority of up to40% of the Company's issued share capital.The Company is about to go into a close period due to its final results for theyear ended 31 December 2014. These results will be published by the end ofApril 2015. The Company has appointed N+1 Singer Advisory LLP to manage anirrevocable programme during the close period (the "Close Period Buy-BackProgramme") to buy-back ordinary shares within certain pre-set parameters. TheClose Period Buy-Back Programme will commence today and will run until the endof the close period, being the date of publication of the Company's AnnualReport and Accounts for the year ended 31 December 2014, unless completedearlier.Any shares purchased in the Close Period Buy-Back Programme will count towardsthe Company's general buy-back authority of 40% of the Company's issued sharecapital, as approved at the Company's AGM.Weiss Korea confirms that it currently has no unpublished price sensitiveinformation.For further information, please contact:N+1 Singer +44 20 7496 3000James Maxwell / Gill Martin - Nominated AdviserJames Waterlow - SalesNorthern Trust International Fund +44 1481 745 498Administration Services (Guernsey) LimitedCara De La MareWebsiteweisskoreaopportunityfund.com