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<SEC-DOCUMENT>0001072613-05-001648.txt : 20050705
<SEC-HEADER>0001072613-05-001648.hdr.sgml : 20050704
<ACCEPTANCE-DATETIME>20050705165427
ACCESSION NUMBER:		0001072613-05-001648
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20050705
DATE AS OF CHANGE:		20050705
GROUP MEMBERS:		CITY OF LONDON INVESTMENT MANAGEMENT CO.

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOREA FUND INC
		CENTRAL INDEX KEY:			0000748691
		IRS NUMBER:				133226146
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-36819
		FILM NUMBER:		05937605

	BUSINESS ADDRESS:	
		STREET 1:		345 PARK AVE
		STREET 2:		C/O DEUTSCHE ASSET MANAGEMENT
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10154
		BUSINESS PHONE:		617-295-3986

	MAIL ADDRESS:	
		STREET 1:		DEUTSCHE ASSET MANAGEMENT
		STREET 2:		TWO INTERNATIONAL FUND
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CITY OF LONDON INVESTMENT GROUP PLC
		CENTRAL INDEX KEY:			0001018138
		STATE OF INCORPORATION:			X0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		10 EASTCHEAP
		STREET 2:		LONDON ENGLAND EC3MLAJ
		CITY:			LONDON
		BUSINESS PHONE:		011441717110771

	MAIL ADDRESS:	
		STREET 1:		10 EASTCHEAP
		STREET 2:		LONDON ENLAND EC3MLAJ
		CITY:			LONDON

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OLLIFF & PARTNERS PLC
		DATE OF NAME CHANGE:	19960705
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>sch13d-a_13659.txt
<DESCRIPTION>AMENDMENT #9 TO SCHEDULE 13-D (KOREA FUND)
<TEXT>
================================================================================


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                                 (Rule 13d-101)
                                (Amendment No. 9)


             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)


                              The Korea Fund, Inc.
                              --------------------
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                     --------------------------------------
                         (Title of Class of Securities)

                                    500634100
                                    ---------
                                 (CUSIP Number)

                                 Barry M. Olliff
            c/o City of London Investment Management Company Limited
                     10 Eastcheap, London EC3M ILX, England
                                +44 207 711 0771
                                ----------------
       (Name, Address and Telephone Number of Person Authorized to Receive
                           Notices and Communications)

                                  July 1, 2005
                                  ------------
             (Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box / /.

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act.
================================================================================
<PAGE>
===================                                                  ===========
CUSIP NO. 500634100                    13D                           PAGE 2 of 7
===================                                                  ===========

================================================================================
     1       NAME OF REPORTING PERSONS
             S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             City of London Investment Group PLC, a company incorporated under
             the laws of England and Wales.
- ------------ -------------------------------------------------------------------
     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (A) [_]
                                                                         (B) [_]

- ------------ -------------------------------------------------------------------
     3       SEC USE ONLY


- ------------ -------------------------------------------------------------------
     4       SOURCE OF FUNDS*

             OO
- ------------ -------------------------------------------------------------------
     5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
             TO ITEM 2(d) OR 2(e)
                                                                             [_]
- ------------ -------------------------------------------------------------------
     6       CITIZENSHIP OR PLACE OF ORGANIZATION

             England and Wales
- --------------------------------------------------------------------------------
  NUMBER OF              7      SOLE VOTING POWER

   SHARES                       4,396,419
                   ------------ ------------------------------------------------
BENEFICIALLY             8      SHARED VOTING POWER

  OWNED BY                      0
                   ------------ ------------------------------------------------
    EACH                 9      SOLE DISPOSITIVE POWER

  REPORTING                     4,396,419
                   ------------ ------------------------------------------------
   PERSON               10      SHARED DISPOSITIVE POWER

    WITH                        0
- ------------ -------------------------------------------------------------------
    11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             4,396,419
- ------------ -------------------------------------------------------------------
    12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
             SHARES
                                                                             [_]
- ------------ -------------------------------------------------------------------
    13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

             9.84%
- ------------ -------------------------------------------------------------------
    14       TYPE OF REPORTING PERSON*

             HC
================================================================================

                               (Page 2 of 7 Pages)
<PAGE>
===================                                                  ===========
CUSIP NO. 500634100                    13D                           PAGE 3 of 7
===================                                                  ===========

================================================================================
     1       NAME OF REPORTING PERSONS
             S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

             City of London Investment Management Company Limited, a company
             incorporated under the laws of England and Wales.
- ------------ -------------------------------------------------------------------
     2       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP            (A) [_]
                                                                         (B) [_]

- ------------ -------------------------------------------------------------------
     3       SEC USE ONLY


- ------------ -------------------------------------------------------------------
     4       SOURCE OF FUNDS*

             WC
- ------------ -------------------------------------------------------------------
     5       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
             TO ITEM 2(d) OR 2(e)
                                                                             [_]
- ------------ -------------------------------------------------------------------
     6       CITIZENSHIP OR PLACE OF ORGANIZATION

             England and Wales
- --------------------------------------------------------------------------------
  NUMBER OF              7      SOLE VOTING POWER

   SHARES                       4,396,419
                   ------------ ------------------------------------------------
BENEFICIALLY             8      SHARED VOTING POWER

  OWNED BY                      0
                   ------------ ------------------------------------------------
    EACH                 9      SOLE DISPOSITIVE POWER

  REPORTING                     4,396,419
                   ------------ ------------------------------------------------
   PERSON               10      SHARED DISPOSITIVE POWER

    WITH                        0
- ------------ -------------------------------------------------------------------
    11       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             4,396,419
- ------------ -------------------------------------------------------------------
    12       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
             SHARES
                                                                             [_]
- ------------ -------------------------------------------------------------------
    13       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

             9.80%
- ------------ -------------------------------------------------------------------
    14       TYPE OF REPORTING PERSON*

             IA
================================================================================

                               (Page 3 of 7 Pages)
<PAGE>

This Amendment No. 9 to Schedule 13D (this "Amendment No. 9") should be read in
conjunction with the Schedule 13D filed with the U.S. Securities and Exchange
Commission (the "SEC") on February 17, 2004 (the "Original Schedule 13D"), with
Amendment No. 1 to Schedule 13D filed with the SEC on March 1, 2004 ("Amendment
No. 1"), with Amendment No. 2 to Schedule 13D filed with the SEC on May 5, 2004
("Amendment No. 2"), with Amendment No. 3 to Schedule 13D filed with the SEC on
July 8, 2004 ("Amendment No. 3"), with Amendment No. 4 to Schedule 13D filed
with the SEC on August 31, 2004 ("Amendment No. 4"), with Amendment No. 5 to
Schedule 13D filed with the SEC on November 15, 2004 ("Amendment No. 5"), with
Amendment No. 6 to Schedule 13D filed with the SEC on December 23, 2004
("Amendment No. 6"), with Amendment No. 7 to Schedule 13D filed with the SEC on
May 18, 2005 ("Amendment No. 7") and with Amendment No. 8 to Schedule 13D filed
with the SEC on June 10, 2005 ("Amendment No. 8") and, together with Amendment
No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5,
Amendment No. 6, Amendment No. 7 and Amendment No. 8, the "Amendments") by City
of London Investment Group PLC ("City of London") and City of London Investment
Management Company Limited relating to the shares of common stock, par value
$0.01 per share (the "Shares"), of The Korea Fund, Inc., a Maryland corporation
(the "Fund"). This Amendment No. 9 amends Items 4, 5 and 7 of the Original
Schedule 13D as amended by the Amendments. All other information in the Original
Schedule 13D and the Amendments remain in effect. All capitalized terms used
herein and not otherwise defined shall have the meanings ascribed thereto in the
Original Schedule 13D as amended by the Amendments.


ITEM 4.   PURPOSE OF TRANSACTION.
          -----------------------

          Item 4 is hereby amended by adding the following:

          On July 1, 2005, CLIM directed the record owner of GEM's shares,
          Mellon Trust of Delaware NA TTEE, Emerging Markets Country Fund, to
          send a letter (the "Nomination Letter") to the Fund so that each of
          Timothy Roy Henry Kimber and Donald William Henry McCowan could be
          nominated for election as Directors at the Fund's 2005 Annual Meeting
          of Stockholders. As disclosed in the Nomination Letter, Timothy Roy
          Henry Kimber is a financial consultant of Kimber & Associates. Donald
          William Henry McCowan is a managing director of Metamora Multi
          Managers LLC.

          CLIM gave the direction to the record owner as it believes that:

          1.   the current Board of Directors has (i) consistently failed to
               communicate with shareholders in the Fund (ii) not conducted
               itself in a clear and transparent manner and (iii) failed to
               observe the standards of corporate governance that shareholders
               in the Fund are entitled to expect of the Board of Directors.

          2.   the independent directors that CLIM has nominated, together with
               the independent directors that it nominated last year who were
               elected to the Board of Directors at the Fund's 2004 Annual
               Meeting by an overwhelming majority of shareholders, will address
               the failings of the current Board of Directors and seek to
               maximise value on behalf of all the Fund's shareholders.

                               (Page 4 of 7 Pages)
<PAGE>

          The position of CLIM is that it intends to vote in favour of its
          nominees. If, however, the Board of Directors nominate candidates of
          superior standing to those proposed by CLIM then CLIM will support
          their election rather than that of its own nominees. Likewise CLIM
          will expect the Board of Directors to be cognoscent of their fiduciary
          duties and to avoid any unnecessary dissipation of the Fund's assets
          in nominating candidates who will not meet with the approval of the
          majority of shareholders.

          The foregoing description of the Nomination Letter is not intended to
          be complete and is qualified in its entirety by the complete text of
          the Nomination Letter, which is filed as Exhibit A hereto and is
          incorporated herein by reference.

          The Reporting Persons reserve the right to acquire, or cause to be
          acquired, additional securities of the Fund, to dispose of, or cause
          to be disposed, such securities at any time or to formulate other
          purposes, plans or proposals regarding the Fund or any of its
          securities, to the extent deemed advisable in light of general
          investment and trading policies of the Reporting Persons, market
          conditions or other factors.

          Other than as set forth above, none of the Reporting Persons or, in
          the case of non-individual Reporting Persons, any of their directors
          or executive officers identified in Item 2, have any present plans or
          proposals which relate to or could result in, any of the matters
          referred to in paragraphs (a) through (j), inclusive, of Item 4 of
          Schedule 13D (although they reserve the right to develop any such
          plans or proposals).

ITEM 5.   INTERESTS IN SECURITIES OF THE ISSUER.
          --------------------------------------

          Items 5(a) and 5(b) below are hereby amended and restated in their
          entirety and Item 5(c) is hereby amended as follows:

          (a) and (b). As of the date hereof, EWF, GEM, IEM, GFM, FREE and
          Accounts owned directly 181,510, 1,232,904, 1,054,727, 111,236,
          334,494 and 1,531,032 Shares, respectively, representing approximately
          0.30%, 2.76%, 2.36%, 0.25%, 0.75% and 3.42%, respectively, of the
          Shares outstanding (based on the most recent Share information
          publicly disclosed by the Fund).

          As of the date hereof, CLIG, through its control of CLIM, is the
          beneficial owner of 4,396,419 Shares, representing approximately 9.84%
          of the Shares outstanding (based on the most recent Share information
          publicly disclosed by the Fund).

          As of the date hereof, CLIM, through EWF, GEM, IEM, FREE, GFM and the
          Accounts, is the beneficial owner of 4,396,419 Shares, representing
          approximately 9.84% of the Shares outstanding (based on the most
          recent Share information publicly disclosed by the Fund).

                               (Page 5 of 7 Pages)
<PAGE>

          (c). Except as described below, no transactions in the Shares were
          effected by the Reporting Persons, or, to their knowledge, any of the
          persons identified in Item 2, since the filing of Amendment No. 8.

          Since the filing of Amendment No. 8, the following open market
          purchases of Shares have been made by GEM:

          Date of Purchase, Number of Shares Purchased, Price Paid/Share

          June 17, 2005, 13,657, $23.79732

          Since the filing of Amendment No. 6, the following open market sales
          of Shares have been made by Global:

          Date of Sale, Number of Shares Sold, Price Paid/Share

          June 15, 2005, 1,700, $27.2500
          June 14, 2005, 7,300, $26.8584
          June 13, 2005, 7,000, $27.0089

ITEM 7    MATERIALS TO BE FILED AS EXHIBITS.
          ----------------------------------

          Item 7 is hereby amended by adding the following:

          Exhibit A. Letter dated July 1, 2005 from Mellon Trust & Delaware NA
          TTEE, Emerging Markets Country Fund to the Korea Fund, Inc.

                               (Page 6 of 7 Pages)
<PAGE>

                                    SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

Dated: July 5, 2005


                                                 CITY OF LONDON INVESTMENT
                                                 GROUP PLC


                                                 /s/ Barry M. Olliff
                                                 -----------------------------
                                                 Name: Barry M. Olliff
                                                 Title: Director


                                                 CITY OF LONDON INVESTMENT
                                                 MANAGEMENT COMPANY LIMITED


                                                 /s/ Barry M. Olliff
                                                 -----------------------------
                                                 Name: Barry M. Olliff
                                                 Title: Director








                               (Page 7 of 7 Pages)
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.A
<SEQUENCE>2
<FILENAME>ex-99_13659.txt
<DESCRIPTION>LETTER DATED JULY 1, 2005
<TEXT>
                                                                       EXHIBIT A
                                                                       ---------

                        MELLON TRUST OF DELAWARE NA TTEE,
                          EMERGING MARKETS COUNTRY FUND



                                                                    July 1, 2005

VIA HAND DELIVERY
- -----------------

Mr. Bruce Rosenblum Secretary of The Korea Fund, Inc.
c/o Deutsche Investment Management Americas Inc.
345 Park Avenue
New York, New York 10154


RE:   THE KOREA FUND, INC.: NOMINATION OF DIRECTORS
- ---   ---------------------------------------------


Dear Mr. Rosenblum,

         In accordance with Section 2.11 of the Restated By-Laws of The Korea
Fund, Inc. (the "Fund"), Mellon Trust of Delaware NA TTEE, Emerging Markets
Country Fund ("Mellon"), as the record holder of shares of the Fund's Common
Stock, hereby notifies you of its intent to appear in person or by proxy to
nominate the following persons for election as Directors at the Fund's 2005
Annual Meeting of Stockholders.

1.       Timothy Roy Henry Kimber

2.       Donald William Henry McCowan

         Annex A hereto sets forth information concerning each such nominee that
is required to be included in this notice pursuant to Section 2.11 of the Fund's
By-Laws except as set forth in Annex A, no other information regarding the
nominees pursuant to Regulation 14A promulgated under the Securities Act 1934.

         Mellon is the record owner of 500,000 shares of the Fund's Common Stock
as of the date hereof. Mellon's address is 4005 Kennett Pike, Suite 250,
Greenville, DE 19807. Emerging Markets Country Fund ("GEM") is the beneficial
holder of 1,232,904 shares of the Fund's Common Stock as of the date hereof
(including the 500,000 shares held in the name of Mellon). GEM's address is 4005
Kennett Pike, Suite 250, Greenville, DE 19807.

         Although Mellon and GEM have no reason to believe that the above-named
nominees will not serve if elected, Mellon reserves the right to substitute any
of the above-named nominees, prior to the 2005 Annual Meeting of Stockholders,
with another nominee of Mellon's choosing that possesses the requisite
qualifications pursuant to the Fund's By-Laws. In that event, Mellon will
provide notice to you as soon as practicable.

         Mellon reserves the right to increase the number of nominees it
proposes in the event that more than two (2) directors will be elected at the
Fund's 2005 Annual Meeting of Stockholders.
<PAGE>

         Enclosed are executed letters from each of the above nominees
consenting to being nominated for election as a Director of the Fund and to
serving as a director of the Fund if elected at such meeting.

         Please be advised that GEM approves and supports the nominations of
Messrs. Reid and Russell as indicated by its signature below. Mellon has entered
into an Indemnification Agreement with City of London Investment Management
Company Limited ("CLIM"), GEM's investment manager, pursuant to which CLIM has
agreed to indemnify Mellon in connection with this matter.

         If any further information is required concerning any of Mellon's
nominees, please do not hesitate to contact us.


                                                   Sincerely,
                                                   MELLON TRUST OF DELAWARE NA
                                                   TTEE, EMERGING MARKETS
                                                   COUNTRY FUND


                                                   By:  /s/ Donna Owens
                                                        ------------------------
                                                   Name:    Donna Owens
                                                   Title:   First Vice President



EMERGING MARKETS COUNTRY FUND


By:  /s/ Barry M. Olliff
     ------------------------
Name:    Barry M. Olliff
Title:   Director
<PAGE>

                                     ANNEX A
                               NOMINEE INFORMATION


TIMONTHY ROY HENRY KIMBER

Age:  68

Business Address:  Newton Hall nr Carnforth, Lancashire, England

Residence Address:  As above

Principal Occupation During the Past Five Years: Financial Consultant, Kimber &
Associates (1988 to present)

Current Directorships: Dartmoor Investment Trust plc, INVESCO Japan Discovery
Trust plc, Taiwan Opportunities Fund Ltd, Exeter Selective Assets Investment
Trust plc, New Zealand Investment Trust plc, Adam & Company Investment
Management Ltd, Border Asset Management, Kimber & Associates, Noble Group Ltd

Other Information:

         Mr. Kimber will not receive any compensation from Mellon or GEM for his
services as a director of the Fund.

         Mr. Kimber is not adverse to the Fund or any of its subsidiaries in any
material pending legal proceedings.

         Mr. Kimber is not an interested person of the Fund as defined in the
Investment Company Act of 1940, as amended.

         Mr. Kimber does not have any arrangement or understanding with any
person with respect to any future employment by the Fund or its affiliates or
with respect to any future transactions to which the Fund or any of its
affiliates will or may be a party.

         Mr. Kimber has not been convicted in any criminal proceedings
(excluding traffic violations or similar misdemeanors) over the past ten years.
During the past five years, Mr. Kimber has not been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and,
as a result of such proceeding, was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or state securities laws or finding any violation with
respect to such laws.

         Mr. Kimber is not, and in the past year he has not been, a party to any
contract, arrangement or understanding with any person with respect to any
securities of the Fund, including, but not limited to, joint ventures, loan or
option arrangements, puts or calls,
<PAGE>
guarantees against loss or guarantees of profit, division of losses or profits,
or the giving or withholding of proxies.

         Mr. Kimber does not beneficially own any shares of Common Stock of the
Fund. The dollar range of equity securities beneficially owned by Mr. Kimber in
the Fund and in all registered investment companies to be overseen by Mr. Kimber
within the Fund's family of investment companies as of the date hereof is none.

         Mr. Kimber (a) is completely independent from GEM and its affiliates,
(b) does not receive any compensation from GEM or its affiliates, (c) does not
have an equity interest in GEM or its affiliates, and (d) has been nominated to
serve the interests of the stockholders of the Fund (not the interests of GEM or
its affiliates).


DONALD WILLIAM HENRY MCCOWAN

Age: 68

Business Address:  PO Box 197, Metamora MI 48455, USA

Residence Address:  5520 Gardener Road, Metamora MI 48455, USA

Principal Occupation During the Past Five Years: Managing Director, Metamora
Multi Managers LLC (1995 to present)

Current Directorships:  N/A

Other Information:

         Mr. McCowan will not receive any compensation from Mellon or GEM for
his services as a director of the Fund.

         Mr. McCowan is not adverse to the Fund or any of its subsidiaries in
any material pending legal proceedings.

         Mr. McCowan is not an interested person of the Fund as defined in the
Investment Company Act of 1940, as amended.

         Mr. McCowan does not have any arrangement or understanding with any
person with respect to any future employment by the Fund or its affiliates or
with respect to any future transactions to which the Fund or any of its
affiliates will or may be a party.

         Mr. McCowan has not been convicted in any criminal proceedings
(excluding traffic violations or similar misdemeanors) over the past ten years.
During the past five years, Mr. McCowan has not been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and,
as a result of such proceeding, was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or mandating activities
subject to, Federal or state securities laws or finding any violation with
respect to such laws.

         Mr. McCowan is not, and in the past year he has not been, a party to
any contract, arrangement or understanding with any person with respect to any
securities of the Fund, including, but not limited to, joint ventures, loan or
option arrangements, puts or calls, guarantees against loss or guarantees of
profit, division of losses or profits, or the giving or withholding of proxies.

         Mr. McCowan does not beneficially own any shares of Common Stock of the
Fund. The dollar range of equity securities beneficially owned by Mr. McCowan in
the Fund and in all registered investment companies to be overseen by Mr.
McCowan within the Fund's family of investment companies as of the date hereof
is none.

         Mr. McCowan (a) is completely independent from GEM and its affiliates,
(b) does not receive any compensation from GEM or its affiliates, (c) does not
have an equity interest in GEM or its affiliates, and (d) has been nominated to
serve the interests of the stockholders of the Fund (not the interests of GEM or
its affiliates).
<PAGE>


                            DIRECTOR NOMINEE CONSENT



The Korea Fund, Inc.
345 Park Avenue
New York, NY  10154
Attention:  Secretary



The undersigned understands that City of London Investment Management Company
Limited and City of London Investment Group plc (collectively, "CLI") have
informed The Korea Fund, Inc. (the "Company") that CLI intends to recommend for
nomination the undersigned for election to the Board of Directors of the Company
at its 2005 annual meeting of its stockholders of the Company.

The undersigned hereby consents to being named as a nominee in a proxy statement
for the Company's next annual meeting of stockholders and to serve as a director
of the Company if elected.


/s/ TIMONTHY ROY HENRY KIMBER
- --------------------------------
Name:  TIMONTHY ROY HENRY KIMBER


April 26, 2005
<PAGE>
                            DIRECTOR NOMINEE CONSENT



The Korea Fund, Inc.
345 Park Avenue
New York, NY  10154
Attention:  Secretary



The undersigned understands that City of London Investment Management Company
Limited and City of London Investment Group plc (collectively, "CLI") have
informed The Korea Fund, Inc. (the "Company") that CLI intends to recommend for
nomination the undersigned for election to the Board of Directors of the Company
at its 2005 annual meeting of its stockholders of the Company.

The undersigned hereby consents to being named as a nominee in a proxy statement
for the Company's next annual meeting of stockholders and to serve as a director
of the Company if elected.


/s/ DONALD WILLIAM HENRY MCCOWAN
- -----------------------------------
Name:  DONALD WILLIAM HENRY MCCOWAN


April 26, 2005
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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