<DOCUMENT>
<TYPE>EX-99.77B ACCT LTTR
<SEQUENCE>4
<FILENAME>ex77b-kf.txt
<DESCRIPTION>AUDITOR'S LETTER
<TEXT>


REPORT OF INDEPENDENT AUDITORS

To the Board of Directors and the Shareholders of The Korea Fund, Inc.:

In planning and performing our audit of the financial statements of The
Korea
Fund, Inc. (the "Fund"), for the year ended June 30, 2003, we considered
its
internal control, including control activities for safeguarding
securities, in
order to determine our auditing procedures for the purpose of expressing
our
opinion on the financial statements and to comply with the requirements
of
Form N-SAR, not to provide assurance on internal control.

The management of the Fund is responsible for establishing and
maintaining
internal control.  In fulfilling this responsibility, estimates and
judgments by
management are required to assess the expected benefits and related costs
of
controls.  Generally, controls that are relevant to an audit pertain to
the entity's
objective of preparing financial statements for external purposes that
are fairly
presented in conformity with generally accepted accounting principles.
Those
controls include the safeguarding of assets against unauthorized
acquisition,
use, or disposition.

Because of inherent limitations in internal control, errors or fraud may
occur
and not be detected.  Also, projection of any evaluation of internal
control to
future periods is subject to the risk that controls may become inadequate
because of changes in conditions or that the effectiveness of their
design and
operation may deteriorate.

Our consideration of internal control would not necessarily disclose all
matters
in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants.  A
material weakness is a condition in which the design or operation of one
or
more of the internal control components does not reduce to a relatively
low
level the risk that misstatements caused by error or fraud in amounts
that
would be material in relation to the financial statements being audited
may
occur and not be detected within a timely period by employees in the
normal
course of performing their assigned functions.  However, we noted no
matters
involving internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as
defined
above as of June 30, 2003.

This report is intended solely for the information and use of the Board
of
Directors, management, and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other than these
specified
parties.




PricewaterhouseCoopers LLP
Boston, Massachusetts
August 12, 2003

</TEXT>
</DOCUMENT>
