-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 F9nkwNxS0bQ9Q0kG4K8sEPZxLN9TIFCywdaQPzdiAtxYvLYQYQ8PzD6pHBwwXbEn
 55GTnd4udf9O1QSTqMevyg==

<SEC-DOCUMENT>0001072613-06-002389.txt : 20061120
<SEC-HEADER>0001072613-06-002389.hdr.sgml : 20061120
<ACCEPTANCE-DATETIME>20061120160528
ACCESSION NUMBER:		0001072613-06-002389
CONFORMED SUBMISSION TYPE:	4/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20061117
FILED AS OF DATE:		20061120
DATE AS OF CHANGE:		20061120

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:			EMERGING MARKETS COUNTRY FUND
		CENTRAL INDEX KEY:			0000942359
		STATE OF INCORPORATION:			DE

	FILING VALUES:
		FORM TYPE:		4/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04058
		FILM NUMBER:		061229975

	BUSINESS ADDRESS:	
		STREET 1:		10 EASTCHEAP
		CITY:			LONDON
		STATE:			X0
		ZIP:			00000
		BUSINESS PHONE:		441717110771

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/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-04058
		FILM NUMBER:		061229976

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4/A
<SEQUENCE>1
<FILENAME>pro_14722dex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4/A</documentType>

    <periodOfReport>2006-11-17</periodOfReport>

    <dateOfOriginalSubmission>2006-05-31</dateOfOriginalSubmission>

    <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>0000942359</rptOwnerCik>
            <rptOwnerName>EMERGING MARKETS COUNTRY FUND</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></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>2006-11-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>26000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>39.6741</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>710164</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 funds listed in notes 4</footnote>
        <footnote id="F2">Regarding CLIM: CLIM has no pecuniary interest in any of the shares owned directly by the funds listed in notes 4</footnote>
        <footnote id="F3">These securities are beneficially owned by  Investable Emerging Market 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 funds listed in notes 4 through 9 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>2006-11-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>joint-filer_14722.txt
<DESCRIPTION>JOINT FILER INFORMATION
<TEXT>
                                                                      EXHIBIT 99
                                                                      ----------

                             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 18, 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:                   Investable Emerging Market Country Fund


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


Date of Event Requiring Statement:  November 18, 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-----
