KOREA FUND INC KF

expiry = 2006-10-27...tanding Shares of Common Stock of The Korea Fund, Inc. at 98% of Net Asset Value Per Share by The Korea Fund, Inc. in Exchange for Portfolio Securities of the Korea Fund, Inc. THE OFFER TO REPURCHASE WILL EXPIRE AT MIDNIGHT, EASTERN TIME, ON OCTOBER 27, 2006, UNLESS THE OFFER IS EXTENDED. THIS OFFER IS SUBJECT TO IMPORTANT TERMS AND CONDITIONS, INCLUDING THE CONDITIONS LISTED UNDER “CERTAIN CONDITIONS OF THE OFFER.” NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES COMMIS...

listed = True...this Offer to Repurchase and the related Letter of Transmittal (which, together with any amendments or supplements thereto, collectively constitute the “Offer”). The Offer will expire at midnight, Eastern time, on October 27, 2006, unless extended. The Shares are traded on the NYSE under the symbol “KF”. The NAV as of the close of the regular trading session of the NYSE on September 26, 2006 was $40.08 per Share and the last reported sale price on the NYSE on such date for a Share was $36.72. Until the Offer expires, NAV quotations can be obtained from Georgeson Inc. (the “Information Agent”) by calling (800) 843-0...

mechanism = NAV_PERCENT...d announced the termination of the Previous Program. On July 8, 2005, the Fund commenced a repurchase offer for up to 22,350,747 shares, representing approximately 50% of its issued and outstanding shares, in exchange for portfolio securities of the Fund at a price per share equal to 98% of the net asset value per share as of the day after the day such repurchase offer expired. On August 25, 2005, the Fund announced that it had accepted, after adjusting for fractional shares in accordance with the terms of the offer, the tender of 14,737,788 shares. This represented approximately 33% of the Fund’s outstanding shares. On January 19, 2006, the F...

txn_type = TENDER_OFFER...IN THE OFFER, CONSULT THEIR OWN INVESTMENT AND TAX ADVISERS AND MAKE THEIR OWN DECISIONS WHETHER TO TENDER OR REFRAIN FROM TENDERING THEIR SHARES FOR REPURCHASE IN THE OFFER. THE FUND HAS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) A TENDER OFFER STATEMENT ON SCHEDULE TO UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE “EXCHANGE ACT”), RELATING TO THE OFFER. The date of this Offer to Repurchase is September 29, 2006. TABLE OF CONTENTS 1. Price; Number of Shares 6 2. Purpose of the Offer; Plans or Proposals of the Fund 6 3. Certain Conditions of the Offer 8 4. Procedures...