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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
(Rule 14a-101)
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SCHEDULE 14A INFORMATION
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EXCHANGE ACT OF 1934 (AMENDMENT NO. )
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THE KOREA FUND, INC.
(Name of Registrant as Specified In Its Charter)
     (Name of Person(s) Filing Proxy Statement, if other than Registrant)     
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The Korea Fund, Inc.
      October 15, 2008
 
 
      Dear Stockholder: Your vote is important no matter how many shares you own.
 
      As you know from earlier correspondence, the Fund’s management and Board of Directors are proposing that the Fund’s capital gain distribution for the 12-month period ending October 31, 2008 be payable in Fund shares valued at the lower of market price or net asset value. If approved, stockholders will receive the capital gain distribution in newly-issued Fund shares or, at the election of the stockholder, in cash. The proposal is more fully explained in the proxy material which accompanied our original mailing. The Fund may issue shares at a price below net asset value only if such issuance is approved by a majority of the Fund’s shares. This means that, if market price is less than net asset value at the time of the proposed distribution, as is presently the case, the Fund will not be able to make a distribution in newly-issued Fund shares unless that 50% vote is obtained.
 
      Although the response of stockholders who have already voted has been extraordinarily positive, we are still short of the 50% vote required for approval at the annual stockholder meeting scheduled for October 29, 2008.
 
      Please take a minute to cast your vote.
 
      The Fund’s Board of Directors has unanimously approved this proposal and believes it is in the best interest of the stockholders.
 
      You can vote quickly and easily using one of the following methods:
    Speak to a live Proxy Specialist by calling 1-866-451-3782. We can answer your questions and record your vote. (Open: M-F 9:30am – 9pm, Sat 10am – 6pm ET)
 
    Mail in your signed proxy card in the envelope provided.
 
    Call the phone number on the proxy card, enter the control number printed on the card and follow the touchtone prompts.
 
    Log on to the website noted on your proxy card, enter your control number printed on the card and vote by following the on-screen prompts.
      Every vote counts!
 
      Thank you for your help in this important matter.
 
      (Robert Goldstein Signature)