The Korea Fund, Inc. Announces Date for Annual Meeting

The Korea Fund, Inc. is a non-diversified, closed-end investmentcompany. The Fund seeks long-term capital appreciation throughinvesting primarily in equity securities trading on the Korean stockexchanges. Its shares are listed on the New York Stock Exchange underthe symbol "KF".

Closed-end funds, unlike open-end funds, are not continuouslyoffered. There is a one time public offering and once issued, sharesof closed-end funds are sold in the open market through a stockexchange. Shares of closed-end funds frequently trade at a discount tonet asset value. The price of the fund's shares is determined by anumber of factors, several of which are beyond the control of thefund. Therefore, the fund cannot predict whether its shares will tradeat, below or above net asset value.

Foreign security markets generally exhibit greater pricevolatility and are less liquid than the US market. Additionally, thisfund focuses its investments in certain geographic regions, therebyincreasing its vulnerability to developments in that region andpotentially subjecting the fund's shares to greater price volatility.
NOT FDIC/ NCUA INSURED MAY LOSE VALUE NO BANK GUARANTEE
NOT A DEPOSIT NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

Scudder Investments is part of Deutsche Asset Management which isthe marketing name in the US for the asset management activities ofDeutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche AssetManagement Inc., Deutsche Asset Management Investment Services Ltd.,Deutsche Investment Management Americas Inc. and Scudder TrustCompany.