EQUITY FUND PROFILE  All data as of 07.31.10  The Korea Fund Inc. (KF) About this Fund Performance Portfolio Literature News & Press Releases Japanese Reports Fund Overview Highlights Offers capital appreciation potential by focusing on Korean companies exhibiting solid long-term growth characteristics. Stock selection based on a unique combination of bottom-up, proprietary fundamental research and non-traditional market research (GrassrootsSM Research). The sub-adviser, RCM Asia Pacific Limited has 23 years of experience investing in Asia, with 41 investment professionals based in the region. Investment Process In selecting investments for the Fund, the sub-adviser examines each company's prospects for growth, quality and valuation. The firm screens stocks based on a broad range of variables, including price-to-earnings ratios, dividend yields and earnings-per-share growth. In addition to bottom-up fundamental research, the firm also utilizes GrassrootsSM Research to affirm company analysis or macroeconomic trends. The investment team's extensive experience and proprietary investment tools allow information to be processed quickly.   At A Glance Symbol Lookup Symbol CUSIP KF 500634209 Objective Seeks long-term capital appreciation through investment in Korean securities. Assets (in millions) $418.0 Inception Date Aug 29, 1984 Shares Outstanding 10,205,577 Avg. Daily Volume (52 week) 30,568 NAV Yield .42% Market Price Yield .46% Managers Raymond Chan Raymond Chan, C.F.A., is Chief Investment Officer of RCM Asia Pacific. He has over 18 years of investment experience, with a focus on equity markets in South Korea, Hong Kong, China and Taiwan. Prior to joining RCM, Mr. Chan was an Associate Director with Barclays Global Investors in Hong Kong and Head of the firms Greater China team, managing single-country and regional portfolios. Mr. Chan holds an M.A. in Finance and Investment from the University of Exeter and a B.A. (Hons) in Economics from the University of Durham, U.K. Sang Won Kim Mr. Kim joined RCM Asia Pacific in May 2007 as a portfolio manager for Korean equity portfolios. He was recently appointed as lead portfolio manager of The Korea Fund, Inc., and he has been a member of that Fund's portfolio management team since May 2007. He has over a decade of experience in researching and analyzing companies in South Korea. Mr. Kim graduated with an M.B.A. in finance and accounting from Kellogg School of Management at Northwestern University and a Bachelor's degree in business administration from Yonsei University. Management Firm RCM Asia Pacific Limited (RCMAP) Hong Kong   A fundamental growth equity manager, RCMAP seeks to invest in high-quality companies using a bottom-up, research-driven investment strategy. Uniquely, RCMAP's research analysts are complemented by the firm's GrassrootsSM Research division, an extensive market research network. This information is unaudited and is intended for informational purposes only. This is not an offer or solicitation for the purchase or sale of any financial instrument. It is presented only to provide information on investment strategies and opportunities.   The Fund seeks long-term capital appreciation through investment in Korean securities. Investing in non-U.S. securities entails additional risks, including political and economic risk and the risk of currency fluctuations, as well as lower liquidity. These risks, which can result in greater price volatility, will generally be enhanced in less diversified funds that concentrate investments in a particular geographic region.   The Fund is a closed-end exchange traded management investment company. This material is presented only to provide information and is not intended for trading purposes. Closed-end funds, unlike open-end funds, are not continuously offered. After the initial public offering, shares are sold on the open market through a stock exchange, where shares may trade at a premium or a discount. Holdings are subject to change daily.   NAV and Market Price Yields are calculated by annualizing the most recent regular distribution per share and dividing by the most recent month-end NAV or market price as applicable. The Fund's distributions may be comprised of ordinary income, net capital gains, return of capital or a combination thereof. Distribution rates on Fund common shares are subject to change and are not a quotation of fund performance. Please refer to the most recent Section 19 Notice, if applicable, for additional information regarding the composition of distributions.   GrassrootsSM Research is a division of RCM. Research data used to generate GrassrootsSM Research recommendations is received from reporters and field force investigators who work as independent contractors for broker-dealers. Those broker-dealers supply research to RCM and certain of its affiliates that is paid for by commissions generated by orders executed on behalf of RCM's clients.   RCM Capital Management LLC, is an indirect, wholly-owned subsidiary of Allianz Global Investors AG, and is a member of Munich-based Allianz Group. Allianz is a leading global financial services company. RCM Capital Management LLC serves as the Fund's investment manager, and the sub-adviser is RCM Asia Pacific Limited.   For a list of Section 16(a) filings (Forms 3, 4, and 5 and their respective Amendments) of "insiders" of The Korea Fund, click here.   © 2010. The Korea Fund, Inc. All rights reserved. The contents of The Korea Fund, Inc. web site (http://www.thekoreafund.com) on the Internet are protected by applicable copyright laws. 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