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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
(Amendment No. 11)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
The Korea Fund, Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
500634100
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(CUSIP Number)
Barry M. Olliff
c/o City of London Investment Management Company Limited
10 Eastcheap, London EC3M ILX, England
+44 207 711 0771
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(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
August 10, 2005
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(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), (f) or (g), check the following box / /.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act.
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CUSIP NO. 500634100 13D PAGE 2 of 5
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Group PLC, a company incorporated under
the laws of England and Wales.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [_]
(B) [_]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
OO
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[_]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
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NUMBER OF 7 SOLE VOTING POWER
SHARES 5,440,119
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING 5,440,119
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PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,440,119
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[_]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.17%
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14 TYPE OF REPORTING PERSON*
HC
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(Page 2 of 5 Pages)
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CUSIP NO. 500634100 13D PAGE 3 of 5
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
City of London Investment Management Company Limited, a company
incorporated under the laws of England and Wales.
------------ -------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (A) [_]
(B) [_]
------------ -------------------------------------------------------------------
3 SEC USE ONLY
------------ -------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
------------ -------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) OR 2(e)
[_]
------------ -------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
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NUMBER OF 7 SOLE VOTING POWER
SHARES 5,440,119
------------ ------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
------------ ------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 5,440,119
------------ ------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER
WITH 0
------------ -------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,440,119
------------ -------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES
[_]
------------ -------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.17%
------------ -------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IA
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(Page 3 of 5 Pages)
This Amendment No. 11 to Schedule 13D (this "Amendment No. 10") should be read
in conjunction with the Schedule 13D filed with the U.S. Securities and Exchange
Commission (the "SEC") on February 17, 2004 (the "Original Schedule 13D"), with
Amendment No. 1 to Schedule 13D filed with the SEC on March 1, 2004 ("Amendment
No. 1"), with Amendment No. 2 to Schedule 13D filed with the SEC on May 5, 2004
("Amendment No. 2"), with Amendment No. 3 to Schedule 13D filed with the SEC on
July 8, 2004 ("Amendment No. 3"), with Amendment No. 4 to Schedule 13D filed
with the SEC on August 31, 2004 ("Amendment No. 4"), with Amendment No. 5 to
Schedule 13D filed with the SEC on November 15, 2004 ("Amendment No. 5"), with
Amendment No. 6 to Schedule 13D filed with the SEC on December 23, 2004
("Amendment No. 6"), with Amendment No. 7 to Schedule 13D filed with the SEC on
May 18, 2005 ("Amendment No. 7"), with Amendment No. 8 to Schedule 13D filed
with the SEC on June 10, 2005 ("Amendment No. 8"), with Amendment No. 9 to
Schedule 13D filed with the SEC on July 5, 2005 ("Amendment No. 9") and with
Amendment No. 10 to Schedule 13D filed with the SEC on August 5, 2005
("Amendment No. 10") and, together with Amendment No. 1, Amendment No. 2,
Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment
No. 7, Amendment No. 8, Amendment No. 9 and Amendment No. 10, the "Amendments")
by City of London Investment Group PLC ("City of London") and City of London
Investment Management Company Limited relating to the shares of common stock,
par value $0.01 per share (the "Shares"), of The Korea Fund, Inc., a Maryland
corporation (the "Fund"). This Amendment No. 11 amends Item 5 of the Original
Schedule 13D as amended by the Amendments. All other information in the Original
Schedule 13D and the Amendments remain in effect. All capitalized terms used
herein and not otherwise defined shall have the meanings ascribed thereto in the
Original Schedule 13D as amended by the Amendments.
ITEM 5. INTERESTS IN SECURITIES OF THE ISSUER.
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Items 5(a) and 5(b) below are hereby amended and restated in
their entirety and Item 5(c) is hereby amended as follows:
(a) and (b). As of the date hereof, EWF, GEM, IEM, GFM, FREE,
FOCUS and Accounts owned directly 216,036, 1,341,044,
1,341,044, 141,236, 594,494, 79,000 and 1,727,265 Shares,
respectively, representing approximately 0.48%, 2.99%, 2.99%,
0.31%, 1.33%, 0.17% and 3.86%, respectively, of the Shares
outstanding (based on the most recent Share information
publicly disclosed by the Fund).
As of the date hereof, CLIG, through its control of CLIM, is
the beneficial owner of 5,440,119 Shares, representing
approximately 12.17% of the Shares outstanding (based on the
most recent Share information publicly disclosed by the Fund).
As of the date hereof, CLIM, through EWF, GEM, IEM, FREE, GFM,
FOCUS and the Accounts, is the beneficial owner 5,440,119
Shares, representing approximately 12.17% of the Shares
outstanding (based on the most recent Share information
publicly disclosed by the Fund).
(Page 4 of 5 Pages)
(c). Except as described below, no transactions in the Shares
were effected by the Reporting Persons, or, to their knowledge,
any of the persons identified in Item 2, since the filing of
Amendment No. 10.
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Trade Transaction Number of Trade
Date Type Shares Price Portfolio
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8/10/2005 Purchase 196,243 30.27 Accounts
8/10/2005 Purchase 260,000 30.27 FREE
8/10/2005 Purchase 79,000 30.27 FOCUS
8/10/2005 Purchase 30,000 30.27 GFM
8/10/2005 Purchase 246,317 30.27 IEM
8/10/2005 Purchase 74,000 30.27 EWF
8/10/2005 Purchase 108,140 30.27 GEM
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Dated: August 11, 2005
CITY OF LONDON INVESTMENT GROUP PLC
/s/ Barry M. Olliff
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Name: Barry M. Olliff
Title: Director
CITY OF LONDON INVESTMENT
MANAGEMENT COMPANY LIMITED
/s/ Barry M. Olliff
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Name: Barry M. Olliff
Title: Director
(Page 5 of 5 Pages)