-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DDycLByNsvPxKCcFBxiIRhNM6bnbvUI84CS64xPtUeUkHAmfRpLWEtqHjhHh4Rkr
 EbXltJYktK1eBZBMEjJoZA==

<SEC-DOCUMENT>0001072613-06-002374.txt : 20061116
<SEC-HEADER>0001072613-06-002374.hdr.sgml : 20061116
<ACCEPTANCE-DATETIME>20061116155917
ACCESSION NUMBER:		0001072613-06-002374
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20061114
FILED AS OF DATE:		20061116
DATE AS OF CHANGE:		20061116

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOREA FUND INC
		CENTRAL INDEX KEY:			0000748691
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133226146
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0630

	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

REPORTING-OWNER:	

	OWNER 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:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04058
		FILM NUMBER:		061223149

	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 NAME:	
		FORMER CONFORMED NAME:	OLLIFF & PARTNERS PLC
		DATE OF NAME CHANGE:	19960705

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			INVESTABLE EMERGING MARKETS COUNTRY FUND
		CENTRAL INDEX KEY:			0001019369
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04058
		FILM NUMBER:		061223150

	BUSINESS ADDRESS:	
		STREET 1:		10 EASTCHEAP
		CITY:			LONDON
		STATE:			X0
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>pro_14722eex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-11-14</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000748691</issuerCik>
        <issuerName>KOREA FUND INC</issuerName>
        <issuerTradingSymbol>KF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001018138</rptOwnerCik>
            <rptOwnerName>CITY OF LONDON INVESTMENT GROUP PLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10 EASTCHEAP</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>EC3M ILX</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Joint Filer</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001019369</rptOwnerCik>
            <rptOwnerName>INVESTABLE EMERGING MARKETS COUNTRY FUND</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10 EASTCHEAP</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>LONDON</rptOwnerCity>
            <rptOwnerState>X0</rptOwnerState>
            <rptOwnerZipCode>EC3M ILX</rptOwnerZipCode>
            <rptOwnerStateDescription>UNITED KINGDOM</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Joint Filer</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $.01 per share</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $.01 per share</value>
                <footnoteId id="F2"/>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.01 per share</value>
                <footnoteId id="F3"/>
            </securityTitle>
            <transactionDate>
                <value>2006-11-14</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>7100</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>39.5486</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $.01 per share</value>
                <footnoteId id="F3"/>
            </securityTitle>
            <transactionDate>
                <value>2006-11-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>10000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>39.8457</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>684164</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Regarding CLIG: CLIG has no pecuniary interest in any of the shares owned directly by the fund listed in note 4 below.</footnote>
        <footnote id="F2">Regarding CLIM: CLIM has no pecuniary interest in any of the shares owned directly by the fund listed in note 4 below.</footnote>
        <footnote id="F3">These securities are beneficially owned by The Investable Emerging Markets Country Fund.</footnote>
    </footnotes>

    <remarks>Neither City of London Investment Group PLC (&quot;CLIG&quot;) nor City of London Investment Management Company Limited (&quot;CLIM&quot;) are
 the beneficial owners of any shares of KF as the term &quot;beneficial owner&quot; is defined in Rule 16a-1(a)(2).  CLIG is the parent
 holding company of CLIM, which provides investment advisory services to the fund listed in note 4 below.  This filing shall
 not be deemed an admission by any of the listed funds that they are subject to reporting under Section 16(a).</remarks>

    <ownerSignature>
        <signatureName>By: /s/ Barry M. Olliff</signatureName>
        <signatureDate>2006-11-16</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>joint-filer_14722.txt
<DESCRIPTION>JOINT FILER INFORMATION
<TEXT>
                             JOINT FILER INFORMATION
                             -----------------------



Name:                                  City of London Investment Management
- ----                                   Company Limited


Address:                               10 Eastcheap
- -------                                London EC3M ILX, England


Designated Filer:                      City of London Investment Group PLC
- ----------------

Issuer and Ticker Symbol:              Korea Fund, Inc. ("KF")
- ------------------------

Date of Event Requiring Statement:     November 16, 2006
- ---------------------------------

Signature:                             City of London Investment Management
- ---------                              Company Limited


                                       By: /S/ Barry Olliff
                                           -------------------------------------
                                       Name: Barry Olliff, Chief Investment
                                             Officer


<PAGE>



                             JOINT FILER INFORMATION
                             -----------------------



Name:                                  City of London Investment Management
                                       Company Limited
- ----

Address:                               10 Eastcheap
- -------                                London EC3M ILX, England


Designated Filer:                      The Investable Emerging Markets Country
- ----------------                       Fund

Issuer and Ticker Symbol:              Korea Fund, Inc. ("KF")
- ------------------------

Date of Event Requiring Statement:     November 16, 2006
- ---------------------------------

Signature:                             City of London Investment Management
- ---------                              Company Limited



                                       By: /S/ Barry Olliff
                                          -------------------------------------
                                       Name: Barry Olliff, Chief Investment
                                             Officer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
