UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-PX
ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT
INVESTMENT COMPANY
Investment Company Act file number: 811-04058
The Korea Fund, Inc.
(Exact name of registrant as specified in charter)
1345 Avenue of the Americas, New York, NY 10105
(Address of Principal Executive Office)
Allianz Global Investors Fund Management LLC
1345 Avenue of the Americas
New York, NY 10105
(Name and Address of Agent for Service)
Registrant's telephone number, including area code: 212-739-3000
Date of fiscal year end: June 30
Date of reporting period: July 1, 2006 through June 30, 2007
ITEM 1. PROXY VOTING RECORD
******************************* FORM N-Px REPORT *******************************
ICA File Number: 811-04058
Reporting Period: 07/01/2006 - 06/30/2007
The Korea Fund, Inc
============================= THE KOREA FUND, INC. =============================
ACE DIGITECH CO.
Ticker: Security ID: Y0004A106
Meeting Date: MAR 5, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements and For For Management
disposition of deficit
2 Amend Articles of Incorporation For For Management
3 Elect Directors For For Management
4 Appoint Auditor For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Approve Limit on Remuneration of Auditor For For Management
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AHNLAB INC.
Ticker: Security ID: Y0027T108
Meeting Date: DEC 6, 2006 Meeting Type: Special
Record Date: NOV 8, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Director For For Management
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AHNLAB INC.
Ticker: Security ID: Y0027T108
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 400 Per Share
2 Amend Articles of Incorporation For For Management
3 Elect Executive Director For For Management
4 Elect Three Members of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Approve Stock Option Grants For For Management
7 Approve Previous Stock Option Granted by For For Management
Board
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BYC CO. LIMITED
Ticker: Security ID: Y1022T101
Meeting Date: JAN 11, 2007 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Auditor For For Management
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BYC CO. LIMITED
Ticker: Security ID: Y1022T101
Meeting Date: MAR 9, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 750 Per Common Share
2 Elect Directors For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditors For For Management
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CHEIL COMMUNICATIONS INC.
Ticker: Security ID: Y1296G108
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 7000 Per Share
2 Elect Two Executive Directors and One For For Management
Independent Non-Executive Director
3 Appoint Auditor For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditors For For Management
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CHOONGWAE PHARM
Ticker: Security ID: Y1591M107
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 500 Per Common Share
2 Elect Executive Director For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditor For For Management
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CJ CORP. (FORMERLY CHEIL JEDANG CORP.)
Ticker: Security ID: Y12981109
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 1500 Per Common Share
2 Elect Two Directors For For Management
3 Elect Member of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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COSMAX CO.
Ticker: Security ID: Y17652101
Meeting Date: AUG 25, 2006 Meeting Type: Special
Record Date: JUL 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Delisting from KOSDAQ and Listing on KSE For For Management
2 Elect Independent Non-Executive Director For For Management
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COSMAX CO.
Ticker: Security ID: Y17652101
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 150 Per Share
2.1 Amend Articles of Incorporation to Expand For For Management
Business Objectives
2.2 Amend Articles of Incorporation regarding For For Management
New Share Issuances
2.3 Amend Articles of Incorporation to Lower For For Management
Stock Option Issuance Limit
2.4 Amend Articles of Incorporation to Create For For Management
Employee Stock Ownership Program
2.5 Amend Articles of Incorporation to For For Management
Shorten Share Registry Cancellation
Period
2.6 Amend Articles of Incorporation to Change For For Management
Location of Meeting Notices
2.7 Amend Articles of Incorporation to Allow For For Management
Company to Cancel Unclaimed Dividends
3 Elect Independent Non-Executive Director For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
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CROWN CONFECTIONERY CO.
Ticker: Security ID: Y1806K102
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Disposition of Deficit and Dividends of For For Management
KRW 750 Per Common Share
2 Amend Articles of Incorporation For For Management
3 Elect Three Executive Directors For For Management
4 Appoint Auditors For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Approve Limit on Remuneration of Auditors For For Management
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DONGKUK STEEL MILL CO. LTD.
Ticker: Security ID: Y20954106
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 750 Per Share
2 Amend Articles of Incorporation For Against Management
3 Elect Three Directors For For Management
4 Elect Two Members of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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GS ENGINEERING & CONSTRUCTION LTD. (FRMLY LS ENGINEERING & CONSTRUCTION)
Ticker: Security ID: Y2901E108
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 1550 Per Share
2 Elect Three Independent Non-Executive For For Management
Directors
3 Elect Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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HANA FINANCIAL GROUP INC.
Ticker: Security ID: Y29975102
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Approve Appropriation of Income and For For Management
Dividend of KRW 450 Per Share
3 Amend Articles of Incorporation For For Management
4.1 Elect Ten Directors For Against Management
4.2 Elect Three Members of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Approve Stock Option Grants For For Management
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HANA TOUR SERVICE INC.
Ticker: Security ID: Y2997Y109
Meeting Date: MAR 20, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 400 Per Share
2 Elect Member of Audit Committee For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Stock Option Grants For Against Management
5 Amend Articles of Incorporation For For Management
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HANKOOK TIRE CO.
Ticker: Security ID: Y30587102
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 250 Per Share
2 Amend Articles of Incorporation to For For Management
Increase Board Size, to Create Nominating
Committee and to Require Minimum of Three
Independent Non-Executive Directors on
Audit Committee
3 Elect Directors For For Management
4 Elect Member of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Amend Terms of Severance Payments to For For Management
Executives
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HANKOOK TIRE CO.
Ticker: Security ID: Y30587102
Meeting Date: JUN 7, 2007 Meeting Type: Special
Record Date: MAY 11, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Jang Sung-Gon as Outside Director For For Management
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HITE BREWERY (FORMERLY CHO SUN BREWERY)
Ticker: Security ID: Y1593V105
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 1100 Per Common Share
2 Elect Executive Director For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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HOTEL SHILLA
Ticker: Security ID: Y3723W102
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 200 Per Common Share
2 Elect Independent Non-Executive Director For For Management
3 Appoint One Full-time Auditor and One For For Management
Independent Auditor
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditors For For Management
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HUMAX CO.
Ticker: Security ID: Y3761A103
Meeting Date: MAR 21, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 150 Per Share
2 Elect Directors For For Management
3 Appoint Auditor For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditors For For Management
6 Amend Articles of Incorporation to Expand For For Management
Business Objectives and to Set
Requirements for Director Dismissal
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HYNIX SEMICONDUCTOR INC. (FRMRLY. HYUNDAI ELECTRONIC IND.)
Ticker: Security ID: Y3817W109
Meeting Date: MAR 29, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Elect Six Directors For For Management
3 Elect Four Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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HYUNDAI ENGINEERING & CONSTRUCTION CO LTD
Ticker: Security ID: Y38382100
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Amend Articles of Incorporation to Expand For For Management
Business Objectives
3 Elect Four Directors For For Management
4 Elect Members of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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HYUNDAI MOBIS
Ticker: Security ID: Y3849A109
Meeting Date: MAR 9, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 1250 Per Common Share
2 Amend Articles of Incorporation to Reduce For For Management
Business Objectives, to Require
Shareholder Approval on Share Issuances,
to Reduce Board Maximum Size, and to
Increase Staggered Board
3 Elect Directors For Against Management
4 Elect Members of Audit Committee For For Management
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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INDUSTRIAL BANK OF KOREA
Ticker: Security ID: Y3994L108
Meeting Date: MAR 22, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 550 Per Common Share
2 Amend Terms of Severance Payments to For For Management
Executives
3 Amend Articles of Incorporation For For Management
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INSUN ENVIRONMENTAL NEW TECHNOLOGY CO.
Ticker: Security ID: Y40924105
Meeting Date: OCT 10, 2006 Meeting Type: Special
Record Date: SEP 7, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Independent Non-Executive Director For For Management
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INTOPS CO.
Ticker: Security ID: Y4175V105
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 500 Per Share
2 Amend Articles of Incorporation to Allow For For Management
Board to Elect Representative Director
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditor For For Management
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JEONBUK BANK
Ticker: Security ID: Y4435S108
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and Cash For For Management
Dividend of KRW 100 Per Share
2 Amend Articles of Incorporation to Allow For For Management
Different Terms for Independent
Non-executive Directors
3 Elect Directors For For Management
4 Elect Members of Audit Committee who are For For Management
also Independent Non-Executive Directors
5 Approve Previous Stock Options Granted by For For Management
Board
6 Approve Stock Option Grants For For Management
7 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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KH VATEC CO.
Ticker: Security ID: Y4757K105
Meeting Date: DEC 20, 2006 Meeting Type: Special
Record Date: NOV 22, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Two Incumbent Directors For For Management
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KOOKMIN BANK
Ticker: KBNKF Security ID: Y4822W100
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 3650 Per Share
2 Elect Jacques P.M. Kemp as Independent For For Management
Non-Executive Director
3 Elect Four Members of Audit Committee For For Management
4 Approve Stock Options Previous Granted by For For Management
Board
5 Approve Stock Option Grants For For Management
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KOOKMIN BANK
Ticker: KB Security ID: 50049M109
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 29, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 APPROVAL OF NON-CONSOLIDATED FINANCIAL For For Management
STATEMENTS (BALANCE SHEET, INCOME
STATEMENT AND STATEMENT OF APPROPRIATION
OF RETAINED EARNINGS) FOR THE FISCAL YEAR
2006, AS SET FORTH IN THE COMPANY S
NOTICE OF MEETING ENCLOSED HEREWITH.
2 APPROVAL OF THE APPOINTMENT OF DIRECTORS, For For Management
AS SET FORTH IN THE COMPANY S NOTICE OF
MEETING ENCLOSED HEREWITH.
3 APPROVAL OF APPOINTMENT OF CANDIDATES FOR For For Management
THE MEMBERS OF THE AUDIT COMMITTEE, WHO
ARE NON-EXECUTIVE DIRECTORS, AS SET FORTH
IN THE COMPANY S NOTICE OF MEETING
ENCLOSED HEREWITH.
4 APPROVAL OF PREVIOUSLY GRANTED STOCK For For Management
OPTION, AS SET FORTH IN THE COMPANY S
NOTICE OF MEETING ENCLOSED HEREWITH.
5 APPROVAL OF THE GRANT OF STOCK OPTION, AS For For Management
SET FORTH IN THE COMPANY S NOTICE OF
MEETING ENCLOSED HEREWITH.
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KOREA INVESTMENT HOLDINGS CO. (FRMLY DONGWON FINANCIAL HOLDING)
Ticker: Security ID: Y4862P106
Meeting Date: MAY 25, 2007 Meeting Type: Annual
Record Date: MAR 31, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Approve Appropriation of Income and For For Management
Dividends of KRW 700 Per Ordinary Share
3 Elect Four Directors For For Management
4 Elect Two Members of Audit Committee Who For For Management
Are Independent
5 Approve Limit on Remuneration of For For Management
Directors
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KOREA ZINC CO LTD
Ticker: Security ID: Y4960Y108
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 1500 Per Share
2 Elect Directors For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditors For For Management
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KOREAN AIR CO. LTD. (FORMERLY KOREAN AIR LINES)
Ticker: Security ID: Y4936S102
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and Cash For For Management
Dividend of KRW 100 Per Common Share
2 Elect Three Executive Directors For For Management
3 Elect Two Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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KOREAN REINSURANCE CO.
Ticker: Security ID: Y49391108
Meeting Date: JUN 14, 2007 Meeting Type: Annual
Record Date: MAR 31, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 225 Per Share
2 Amend Articles of Incorporation For For Management
3 Elect Three Directors For For Management
4 Approve Limit on Remuneration of For For Management
Directors
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KT&G CORP. (FORMERLY KOREA TOBACCO & GINSENG)
Ticker: Security ID: Y49904108
Meeting Date: MAR 14, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 2400 Per Share
2 Elect President of the Company For For Management
3 Elect Three Independent Non-Executive For For Management
Directors
4 Elect Member of Audit Committee who is For For Management
also Independent Non-Executive Director
5 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
6 Amend Terms of Severance Payments to For For Management
Executive Directors
7 Amend Terms of Severance Payments to For For Management
Executives
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KUKDO CHEMICAL IND.
Ticker: Security ID: Y5016X101
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 800 Per Share
2 Amend Articles of Incorporation to For For Management
Shorten Share Registry Cancellation
Period
3 Elect Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
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LG CARD CO.
Ticker: Security ID: Y5275T106
Meeting Date: MAR 26, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Elect Six Directors For For Management
3 Elect Three Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Amend Articles of Incorporation For Against Management
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LG CHEM LTD.
Ticker: Security ID: Y52758102
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 1000 Per Common Share
2 Elect Directors For For Management
3 Elect Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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LG DACOM CORPORATION (FRMLY DACOM CORP.)
Ticker: Security ID: Y5252V108
Meeting Date: MAR 9, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 600 Per Share
2 Elect Independent Non-Executive Director For For Management
3 Elect Member of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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MEGASTUDY CO.
Ticker: Security ID: Y59327109
Meeting Date: NOV 30, 2006 Meeting Type: Special
Record Date:
# Proposal Mgt Rec Vote Cast Sponsor
1 Amend Articles of Incorporation to For For Management
Increase Limits of Convertible Bond and
Warrant Issuances and to Increase Board
Responsibilities
2 Elect Directors For For Management
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MEGASTUDY CO.
Ticker: Security ID: Y59327109
Meeting Date: MAR 22, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 900 Per Share
2 Amend Articles of Incorporation to Expand For For Management
Business Objectives
3 Elect Executive Director For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For Against Management
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MERITZ FIRE & MARINE INSURANCE CO. (FRMY ORIENTAL FIRE & MARINE INSURANCE CO.)
Ticker: Security ID: Y5945N109
Meeting Date: JUN 14, 2007 Meeting Type: Annual
Record Date: MAR 31, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 100 Per Share
2 Amend Articles of Incorporation For Against Management
3.1 Elect Inside Directors For For Management
3.2 Elect Member of Audit Committee Who is For For Management
Inside Director
3.3 Elect Outside Directors For For Management
4 Approve Limit on Remuneration of For Against Management
Directors
5 Amend Terms of Severance Payments to For Against Management
Executives
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NAMYANG DAIRY PRODUCTS CO.
Ticker: Security ID: Y6201P101
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 950 Per Common Share
2 Elect Three Directors For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditor For For Management
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NEPES CORP. (FORMERLY CLEAN CREATIVE CO)
Ticker: Security ID: Y16615109
Meeting Date: MAR 26, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Amend Articles of Incorporation For For Management
3 Elect Executive Director For For Management
4 Appoint Auditor For For Management
5 Approve Remuneration of Executive For Against Management
Directors and Independent Non-Executive
Directors
6 Approve Limit on Remuneration of Auditor For Against Management
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NEXEN TIRE CORP.
Ticker: Security ID: Y63377116
Meeting Date: FEB 12, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 450 Per Common Share
2 Approve Limit on Remuneration of Auditor For For Management
3 Elect Independent Non-Executive Director For For Management
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NHN CORP.
Ticker: Security ID: Y6347M103
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Amend Articles of Incorporation For Against Management
3 Elect Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Stock Option Grants For For Management
6 Approve Previous Stock Options Granted by For For Management
Board
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ON MEDIA CO LTD
Ticker: Security ID: Y6441V108
Meeting Date: MAR 8, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Amend Articles of Incorporation to Expand For For Management
Business Objectives
3 Elect Three Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
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PHOENIX PDE CO.
Ticker: Security ID: Y6885M101
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 100 Per Share
2 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
3 Approve Limit on Remuneration of Auditor For For Management
4 Amend Articles of Incorporation For Against Management
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POSCO (FORMERLY POHANG IRON & STEEL)
Ticker: Security ID: Y70750115
Meeting Date: FEB 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and Final For For Management
Dividend of KRW 6000 Per Share
2.1 Amend Articles of Incorporation to Expand For For Management
Business Objectives
2.2 Amend Articles of Incorporation for For For Management
Issuance of New Shares, Convertible Bonds
and Bonds with Warrants
2.3 Amend Articles of Incorporation to For For Management
Clarify Existing Cumulative Voting Rules
3.1 Elect Two Independent Non-Executive For For Management
Directors
3.2 Elect Member of Audit Committee who is For For Management
also Independent Non-Executive Director
3.3 Elect Three Executive Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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S-OIL (SSANGYONG OIL REFINING)
Ticker: Security ID: Y80710109
Meeting Date: MAR 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 2875 Per Common Share
2 Amend Articles of Incorporation For For Management
3.1 Elect Directors Who Are Not Audit For For Management
Committee Members
3.2 Elect Members of Audit Committee Who Will For For Management
Be Independent Non-Executive Directors
3.3 Elect Member of Audit Committee Who Will For Against Management
Not Be Independent Non-Executive
Directors
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
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S1 CORPORATION
Ticker: Security ID: Y75435100
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 900 Per Share
2 Amend Articles of Incorporation to Expand For For Management
Business Objectives
3 Elect Six Directors For For Management
4 Appoint Auditors For For Management
5 Approve Remuneration of Executive For Against Management
Directors and Independent Non-Executive
Directors
6 Approve Limit on Remuneration of Auditors For For Management
- --------------------------------------------------------------------------------
SAMHO INTERNATIONAL CO. LTD.
Ticker: Security ID: Y74693105
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Approve Appropriation of Income For For Management
3 Elect Two Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
SAMSUNG CLIMATE CONTROL CO.
Ticker: Security ID: Y7471F104
Meeting Date: MAR 29, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 30 Per Share
2 Elect Independent Non-Executive Director For For Management
- --------------------------------------------------------------------------------
SAMSUNG CORP.
Ticker: Security ID: Y7470R109
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 350 Per Common Share
2 Amend Articles of Incorporation to Expand For For Management
Business Objectives
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
- --------------------------------------------------------------------------------
SAMSUNG ELECTRONICS CO. LTD.
Ticker: Security ID: Y74718100
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and Final For For Management
Dividend of KRW 5000 Per Common Share
2.1 Elect Independent Non-Executive Directors For For Management
2.2 Elect Executive Director For For Management
2.3 Elect Member of Audit Committee For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
- --------------------------------------------------------------------------------
SAMSUNG FIRE & MARINE INSURANCE CO.
Ticker: Security ID: Y7473H108
Meeting Date: MAY 31, 2007 Meeting Type: Annual
Record Date: MAR 31, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For Against Management
Dividends of KRW 1500 Per Ordinary Share
2 Elect Member of Audit Committee Who Is For For Management
Not Independent
3 Approve Limit on Remuneration of For For Management
Directors
- --------------------------------------------------------------------------------
SAMSUNG TECHWIN CO. (FRMRLY. SAMSUNG AEROSPACE)
Ticker: Security ID: Y7470L102
Meeting Date: FEB 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 400 Per Share
2 Elect Members of Audit Committee For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
- --------------------------------------------------------------------------------
SAMWOO EMC CORPORATION LTD
Ticker: Security ID: Y7497R108
Meeting Date: MAR 22, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 150 Per Share
2 Amend Articles of Incorporation to Allow For For Management
Other Locations for Shareholder Meetings
3 Elect Directors For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
SEOUL SEMICONDUCTOR CO LTD
Ticker: Security ID: Y7666J101
Meeting Date: MAR 28, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 90 Per Share
2 Elect Executive Director For For Management
3 Appoint Auditor For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
SFA ENGINEERING CORP.
Ticker: Security ID: Y7676C104
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 1200 Per Share
2 Amend Articles of Incorporation For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
SHINSEGAE CO. (FORMERLY SHINSEGAE DEPARTMENT STORE)
Ticker: Security ID: Y77538109
Meeting Date: MAR 9, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 1250 Per Share
2 Elect Directors For For Management
3 Elect Members of Audit Committee For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
- --------------------------------------------------------------------------------
SK TELECOM
Ticker: SKM Security ID: Y4935N104
Meeting Date: MAR 9, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Year-End Dividend of KRW 7000 Per Share
2 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
3.1 Elect Two Executive Directors For For Management
3.2 Elect Member of Audit Committee For For Management
- --------------------------------------------------------------------------------
TAEGU DEPARTMENT STORE CO.
Ticker: Security ID: Y8361D100
Meeting Date: JUN 13, 2007 Meeting Type: Annual
Record Date: MAR 31, 2007
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 400 Per Ordinary Share
2 Elect Koo Jeong-mo as Executive Director For For Management
3 Approve Limit on Remuneration of For For Management
Directors
4 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
THINKWARE SYSTEMS CORP
Ticker: Security ID: Y87973106
Meeting Date: MAR 26, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Amend Articles of Incorporation For Against Management
3 Elect Two Directors For For Management
4 Approve Stock Option Grants For For Management
5 Approve Remuneration of Executive For Against Management
Directors and Independent Non-Executive
Directors
6 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
TK CORP. (FORMERLY TAEKWANG BEND INDUSTRY CO.)
Ticker: Security ID: Y8363M108
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 75 Per Share
2 Amend Articles of Incorporation to For For Management
Increase Authorized Shares
3 Elect Executive Director For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
WOONGJIN COWAY CO.
Ticker: Security ID: Y9694W104
Meeting Date: AUG 1, 2006 Meeting Type: Special
Record Date: JUL 4, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Elect Non-Executive Non-Independent For For Management
Director
2 Approve Stock Option Grants For For Management
3 Approve Limit on Remuneration of For For Management
Directors
- --------------------------------------------------------------------------------
WOONGJIN COWAY CO.
Ticker: Security ID: Y9694W104
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 400 Per Share
2 Elect Executive Director For For Management
3 Approve Stock Option Grants For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditor For For Management
- --------------------------------------------------------------------------------
YBMSISA.COM
Ticker: Security ID: Y97517109
Meeting Date: MAR 23, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Financial Statements For For Management
2 Appoint Auditor For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
- --------------------------------------------------------------------------------
YOULCHON CHEMICAL CO.
Ticker: Security ID: Y98535100
Meeting Date: MAR 20, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividend of KRW 400 Per Share
2 Elect Directors For For Management
3 Appoint Auditor For For Management
4 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
5 Approve Limit on Remuneration of Auditors For For Management
- --------------------------------------------------------------------------------
YUHAN CORP
Ticker: Security ID: Y9873D109
Meeting Date: MAR 16, 2007 Meeting Type: Annual
Record Date: DEC 31, 2006
# Proposal Mgt Rec Vote Cast Sponsor
1 Approve Appropriation of Income and For For Management
Dividends of KRW 1000 Per Common Share
2 Elect Director For For Management
3 Approve Remuneration of Executive For For Management
Directors and Independent Non-Executive
Directors
4 Approve Limit on Remuneration of Auditors For For Management
========== END NPX REPORT
SIGNATURES
Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
(Registrant): The Korea Fund, Inc.
By (Signature and Title)*: /s/ Robert J. Goldstein
--------------------------------------------
Name: Robert J. Goldstein
Title: President and Chief Executive Officer
Date: August 31, 2007
