SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(a)
OF THE SECURITIES EXCHANGE ACT OF 1934
Filed by the Registrant [X]

Filed by a Party other than the Registrant [ ]

Check the appropriate box:

[ ] Preliminary Proxy Statement

[ ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[X] Definitive Proxy Statement

[ ] Definitive Additional Materials

[ ] Soliciting Material Pursuant to Sec. 240.14a-11(c) or Sec. 240.14a-12

FIDELITY ADVISOR KOREA FUND, INC.

Payment of Filing Fee (Check the appropriate box):
[X] No fee required.

[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

(1) Title of each class of securities to which

transaction applies:

(2) Aggregate number of securities to which

transaction applies:

(3) Per unit price or other underlying value of transaction

computed pursuant to Exchange Act Rule 0-11:

(4) Proposed maximum aggregate value of transaction:

(5) Total Fee Paid:

[ ] Fee paid previously with preliminary materials.

[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a) (2)

and identify the filing for which the offsetting fee was paid previously. Identify the

previous filing by registration statement number, or the Form or Schedule and the date of

its filing.

(1) Amount Previously Paid:

(2) Form, Schedule or Registration Statement No.:

(3) Filing Party:

(4) Date Filed:

Dear Stockholder:
I am writing to ask you for your vote on the election of Directors and
to ratify the selection of independent accountants for the Fidelity
Advisor Korea Fund. A stockholder meeting is scheduled for November
18, 1998. This package contains information about the proposals and
includes all the materials you will need to vote by mail.
The matters to be discussed at the meeting are important and directly
affect your investment. As a stockholder, you are entitled to cast
one vote for each full share, and a proportionate fractional vote for
any fraction of a full share, that you own in the fund as of the
record date. Every vote is extremely important. We must continue
sending requests to vote until the votes of a majority of the shares
are received prior to the meeting. Additional mailings are expensive,
and these costs are charged directly to the fund.
The enclosed Proxy Statement details the proposals under
consideration. A list of the proposals can be found in the Notice on
the first page of the Proxy Statement. After you have read the
material, please cast your vote promptly by signing and returning the
enclosed proxy card. It is important that you sign your proxy card
exactly as your name(s) appears in the registration shown on the proxy
card. A postage-paid envelope has been provided.
These proposals have been carefully considered by the fund's Board of
Directors, which is responsible for protecting your interests as a
stockholder. The Board of Directors believes these proposals are fair
and reasonable, and recommends that you approve them. If you have any
questions about either of the proposals, please contact your
investment professional or call us at 1-800-526-0084. We will be glad
to help you to understand the proposals and to get your vote in
quickly. Thank you for your participation in this important
initiative.
Sincerely,
/s/ Edward C. Johnson 3d
Edward C. Johnson 3d
Chairman and Chief Executive Officer
FIDELITY ADVISOR KOREA FUND, INC.
82 DEVONSHIRE STREET, BOSTON, MASSACHUSETTS 02109
1-800-426-5523
NOTICE OF ANNUAL MEETING OF S TOCK HOLDERS
To the S tock holders of FIDELITY ADVISOR KOREA FUND, INC.:
NOTICE IS HEREBY GIVEN that an Annual Meeting of Stockholder s
(Meeting) of Fidelity Advisor Korea Fund, Inc. (Fund) will be held at
the office of the Fund, 82 Devonshire Street, Boston, Massachusetts
02109 on November 1 8 , 1998, at 1:00 p .m. The
purpose of the Meeting is to consider and act upon the following
proposals, and to transact such other business as may properly come
before the Meeting or any adjournments thereof.
1. To elect two Class I Directors to serve for a term expiring on the
date on which the annual meeting of stockholder s is held in
2000, or until their successors are duly elected and qualified.
2. To ratify the selection of Price w aterhouse Coopers
LLP as independent accountants of the Fund.
The Board of Directors has fixed the close of business on
September 3 0 , 1998, as the record date for the
determination of the stockholder s of the Fund entitled to
notice of, and to vote at, such Meeting and any adjournments thereof.
By order of the Board of Directors
ERIC D. ROITER, Secretary
September 3 0 , 1998
YOUR VOTE IS IMPORTANT -
PLEASE RETURN YOUR PROXY CARD PROMPTLY.

STOCKHOLDER S ARE INVITED TO ATTEND THE MEETING IN PERSON. ANY
STOCKHOLDER WHO DOES NOT EXPECT TO ATTEND THE MEETING IS URGED
TO INDICATE VOTING INSTRUCTIONS ON THE ENCLOSED PROXY CARD, DATE AND
SIGN IT, AND RETURN IT IN THE ENVELOPE PROVIDED, WHICH NEEDS NO
POSTAGE IF MAILED IN THE UNITED STATES. IN ORDER TO AVOID UNNECESSARY
EXPENSE TO THE FUND, WE ASK YOUR COOPERATION IN MAILING YOUR PROXY
CARD PROMPTLY, NO MATTER HOW LARGE OR SMALL YOUR HOLDINGS MAY BE.
INSTRUCTIONS FOR EXECUTING PROXY CARD
The following general rules for executing proxy cards may be of
assistance to you and help you avoid the time and expense to the Fund
involved in validating your vote if you fail to execute your proxy
card properly.
1. INDIVIDUAL ACCOUNTS: Your name should be signed exactly as it
appears in the registration on the proxy card.
2. JOINT ACCOUNTS: Either party may sign, but the name of the party
signing should conform exactly to a name shown in the registration.
3. ALL OTHER ACCOUNTS should show the capacity of the individual
signing. This can be shown either in the form of the account
registration itself or by the individual executing the proxy card. For
example:
REGISTRATION VALID SIGNATURE

A. 1) ABC Corp. John Smith, Treasurer

2) ABC Corp. John Smith, Treasurer

c/o John Smith, Treasurer

B. 1) ABC Corp. Profit Sharing Plan Ann B. Collins, Trustee

2) ABC Trust Ann B. Collins, Trustee

3) Ann B. Collins, Trustee Ann B. Collins, Trustee

u/t/d 12/28/78

C. 1) Anthony B. Craft, Cust. Anthony B. Craft

f/b/o Anthony B. Craft, Jr. UGMA

PROXY STATEMENT
ANNUAL MEETING OF STOCKHOLDER S OF
FIDELITY ADVISOR KOREA FUND, INC.
TO BE HELD NOVEMBER 18 , 1998
This Proxy Statement is furnished in connection with a solicitation
of proxies made by, and on behalf of, the Board of Directors of
Fidelity Advisor Korea Fund, Inc. (Fund) to be used at the Annual
Meeting of Stockholder s of the Fund and at any adjournments
thereof (Meeting), to be held on November 18 , 1998, at 1:00
p .m., at 82 Devonshire Street, Boston, Massachusetts 02109, the
principal executive office of the Fund and Fidelity Management &
Research Company (FMR), the Fund's Investment Manager. The purpose of
the Meeting is set forth in the accompanying Notice. The solicitation
is made primarily by the mailing of this Proxy Statement and the
accompanying proxy card on or about September 30 , 1998.
Supplementary solicitations may be made by mail, telephone, telegraph,
or by personal interview by representatives of the Fund. In addition,
D. F. King & Co., Inc. or any agent appointed by Boston EquiServe L.
P. will assist the Fund in soliciting proxies for the Meeting and will
be paid a fee of approximately $1,500 (or such other fee as determined
necessary and appropriate by the Fund) plus out-of-pocket expenses.
The expenses in connection with preparing this Proxy Statement and its
enclosures and of all solicitations will be paid by the Fund. The Fund
will reimburse brokerage firms and others for their reasonable
expenses in forwarding solicitation material to the beneficial owners
of shares.
If the enclosed proxy card is executed and returned, it may
nevertheless be revoked at any time prior to its use by written
notification received by the Fund, by the execution of a later-dated
proxy card, or by attending the Meeting and voting in person. All
proxy cards solicited by the Board of Directors that are properly
executed and received by the Secretary prior to the Meeting, and which
are not revoked, will be voted at the Meeting. Shares represented by
such proxies will be voted in accordance with the instructions
thereon. If no specification is made on a proxy card, it will be voted
FOR the matters specified on the proxy card. All proxies not voted,
including broker non-votes, will not be counted toward establishing a
quorum. Stockholder s should note that while votes to ABSTAIN
will count toward establishing a quorum, passage of any proposal being
considered at the Meeting will occur only if a sufficient number of
votes are cast FOR the proposal. Accordingly, votes to ABSTAIN and
votes AGAINST will have the same effect in determining whether the
proposal is approved.
If a quorum is not present at the Meeting, or if a quorum is present
at the Meeting but sufficient votes to approve one or more of the
proposed items are not received, or if other matters arise requiring
stockholder attention, the persons named as proxies may propose
one or more adjournments of the Meeting to permit further solicitation
of proxies. Any such adjournment will require the affirmative vote of
a majority of those shares present at the Meeting or represented by
proxy. When voting on a proposed adjournment, the persons named as
proxies will vote FOR the proposed adjournment all shares that they
are entitled to vote with respect to each item, unless directed to
vote AGAINST the item, in which case such shares will be voted against
the proposed adjournment with respect to that item. A
stockholder vote may be taken on one or more of the items in
this Proxy Statement prior to such adjournment if sufficient votes
have been received and it is otherwise appropriate.
THE FUND WILL FURNISH, WITHOUT CHARGE, A COPY OF ITS ANNUAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1997 , OR THE FUND'S
SEMIANNUAL REPORT FOR THE PERIOD ENDED MARCH 31, 1998 , TO ANY
STOCKHOLDER REQUESTING SUCH REPORT. REQUESTS FOR THE ANNUAL
REPORT AND THE SEMIANNUAL REPORT SHOULD BE MADE BY WRITING TO FIDELITY
ADVISOR KOREA FUND, INC., 82 DEVONSHIRE STREET, BOSTON, MA 02109, OR
BY CALLING 1-800-522-7297.
Fidelity Management & Research Company (FMR), with main offices
at 82 Devonshire Street, Boston, Ma ssachusetts 02109, is the
Fund's Investment Manager. Fidelity International Investments Advisors
(FIIA), with main offices located at Pembroke Hall, 42 Crow Lane,
Pembroke, Bermuda, and an office located at Citibank Tower, 16th
Floor, Three Garden Road, Central, Hong Kong, is the Fund's Investment
Adviser. The Sub-Investment Adviser to the Fund is Fidelity
Investments Japan Limited (FIJ), with main offices located at
Shiroyama JT Mori Building, 4-3-1 Toranomon, Minato-ku, Tokyo 105,
Japan.
There were 6,243,381 shares of the Fund's common stock issued and
outstanding as of August 31, 1998. Stockholder s of record at
the close of business on September 30 , 1998, will be entitled
to vote at the Meeting and will be entitled to one vote for each share
(and a proportionate fractional vote for each fraction of a share)
held at the close of business on that date, with no shares having
cumulative voting rights.
To the knowledge of the Fund, no stockholder beneficially owned
5% or more of the outstanding shares o f the Fund as of July 31,
1998.
VOTE REQUIRED: A MAJORITY OF ALL VOTES CAST AT THE MEETING IS
SUFFICIENT TO APPROVE PROPOSAL 1 AND TO APPROVE PROPOSAL 2.

PROPOSAL # PROPOSAL DESCRIPTION

1. To elect two Class I Directors to serve for a term expiring on
the date on which the annual meeting of stockholder s is held
in 2000, or until their successors are duly elected and
qualified.

2. To ratify the selection of Price w aterhouse Coopers LLP as
independent accountants of the Fund.

1. TO ELECT DIRECTORS.
Persons named in the accompanying form of proxy intend, in the
absence of contrary instructions, to vote all proxies for the election
of the two nominees listed below as Class I Directors of the Fund:
Edward C. Johnson 3d
Bertram H. Witham, Jr.
to serve for terms expiring on the date of the annual meeting of
s tock holders in 2000, or until their successors are duly
elected and qualified. If either such nominee should be unable to
serve, an event that is not now anticipated, the proxies will be voted
for such person, if any, as shall be designated by the Board of
Directors to replace such nominee.
The nominees named below are currently Directors of the Fund, and
have served in that capacity continuously since originally elected.
In the election of Directors, if the two nominees receive a majority
of the votes cast at the Meeting, and providing a quorum is present,
they will be elected.
Nominees (Age)+ Principal Occupation** Director
Since

Class I

*Edward C. Chairman, Chief Executive Officer and a 1994
Johnson 3d Director of FMR Corp.; Director and
(68) Chairman of the Board and of the Executive
Committee of FMR; Chairman and a Director
of Fidelity Investments Money Management,
Inc. (1998 -present) , Fidelity Management &
Research (U.K.) Inc., and Fidelity
Management & Research (Far East) Inc.;
Director or Trustee and President of all other
Fidelity registered management investment
companies advised by FMR; Chairman of
Fidelity International Limited; Chairman of all
funds in the Fidelity Group of International
Funds and of Fidelity Advisor World Funds
(1995-present).

Bertram H. Former Trustee, Fidelity U.S.-registered 1994
Witham, Jr. open-end investment companies (1979-1993);
(79) Chairman and Director, Preferred Lodging
System; Director, Bill Glass Ministries; Trustee,
Fidelity North Carolina Capital Management
Fund; former Treasurer, IBM Co. (1973-1978);
Director of Fidelity Advisor Emerging Asia
Fund, Inc. (1994-present) and of Fidelity
Advisor World Funds (1995-present).

* An "interested person" of the Fund, as defined by the Investment
Company Act of 1940.
** Except as otherwise indicated, each individual has held the office
shown or other offices in the same company for the last five years.
+ Based on statements furnished to the Fund by the nominees, none of
the nominees beneficially owns any shares of the Fund.
If elected, each nominee will hold office in accordance with the
Fund's Bylaws and Articles of Incorporation, except that (a) any
Director may resign; and (b) any Director may be removed only with
cause, provided, however, such removal may be made only by the vote of
three-fourths of the shares of capital stock of the Fund outstanding
and entitled to vote thereupon, voting together, as a single class, at
any Annual or Special Meeting of S tock holders. In case a
vacancy shall for any reason exist, the remaining Directors will fill
such vacancy by appointing another Director, so long as, immediately
after such appointment, at least two-thirds of the Directors have been
elected by s tock holders. If, at any time, less than a majority
of the Directors holding office has been elected by the
s tock holders, the Directors then in office will promptly call a
s tock holders' meeting for the purpose of electing a Board of
Directors.
The Fund's Board, which is currently composed of two interested and
four non-interested Directors, met six times during the twelve months
ended September 30, 1997. It is expected that the Directors will meet
at least four times a year at regularly scheduled meetings. Each
Director attended at least 75% of the aggregate number of Board
meetings and meetings of committees on which he served during the
twelve months ended September 30, 1997.
The Fund's Audit Committee is composed entirely of Directors who are
not interested persons of the Fund or of FMR or its affiliates and
normally meets twice a year, or as required, prior to meetings of the
Board of Directors. Currently, Messrs. Edward H. Malone, Helmert Frans
van den Hoven, Bertram H. Witham, Jr. and David L. Yunich are members
of the Audit Committee. The Audit Committee oversees and
monitors the financial reporting process, including recommending to
the Board the independent accountants to be selected for the Fund (see
Proposal 2), reviewing internal controls and the auditing function
(both internal and external), reviewing the qualifications of key
personnel performing audit work, and overseeing compliance procedures.
During the twelve months ended September 30, 1997, the Audit Committee
held two meetings.
The Fund's Nominating Committee is composed entirely of Directors who
are not interested persons of the Fund or of FMR or its affiliates and
meets as required, prior to meetings of the Board of Directors, to
select the Independent Directors. Currently, Messrs. Edward H. Malone,
Helmert Frans van den Hoven, Bertram H. Witham, Jr. and David L.
Yunich are members of the Nominating Committee. The
Nominating Committee is charged with the duties of periodically
reviewing the composition and compensation of the Board of Directors,
proposing additional non-interested Directors, and monitoring the
performance of legal counsel employed by the fund and the
non-interested Directors. The Nominating Committee met once during the
fiscal year ended September 30, 1997. The Nominating Committee will
consider nominees recommended by Shareholders. Recommendations should
be submitted to the Nominating Committee in care of the
Secretary of the Fund.
For the fiscal year ended September 30, 1997, the non-interested
Directors of the Fund received aggregate fees and expenses equal to
$52,365 in their capacity as directors of the Fund.
Current Directors of the Fund

Name (Age)+ Principal Occupation** Director
Since

Helmert Frans Former Member, Supervisory Board, Royal Dutch 1994
van den Hoven Petroleum Company (1984-1994); former Chairman,
K.B.E. Supervisory Board, ABN/Amro Bank (1992-1994);
(75) former Chairman, Unilever N.V. (1975-1984); former
Vice-Chairman, Unilever PLC (1975-1984); former
Chairman/Member of supervisory board of various
Dutch companies; Member, Supervisory Board,
Hunter Douglass (1984-present); Director of a
number of other funds in the Fidelity Group of
International Funds (1994-present); Director of
Fidelity Advisor Emerging Asia Fund, Inc.
(1994-present) and of the Fidelity Advisor World
Funds (1995-present).

Edward H. Former Trustee, Fidelity U.S.-registered open-end 1997
Malone investment companies (1988-1996); former Trustee,
(73) Rensselaer Polytechnic Institute (1979-1996) and
Prudential Savings Bank (1980-1987); former
Director, Allegheny Energy (1985-1997), GenRe Corp.
(1985-1997), Mattel Corp. (1984-1997) and
Corporate Property Investors (1985-1996); Member
of Advisory Board, Butler Capital Corp. and Unilever
"Progress" Pension Funds; former Member of
Advisory Board, Warburg Pincus Partnership Funds
(1984-1997); former Chairman, General Electric
Investment Co., and a Vice President, General Electric
Co. (1970-1986); Director of Fidelity Advisor
Emerging Asia Fund, Inc. (1997-present) and of the
Fidelity Advisor World Funds (1997-present).

* Robert C. Chairman and Director of FMR (1997 -present ); 1997
Pozen President and Director of Fidelity Investments
(52) Money Management, Inc. (1998 -present ), Fidelity
Management & Research (U.K.) Inc.
(1997 -present ), and Fidelity Management &
Research (Far East) Inc. (1997 -present ) ; f ormer
General Counsel, Managing Director, and Senior
Vice President of FMR Corp . (1987-present);
T rustee of other funds advised by FMR
(1997-present) ; Director of Fidelity Advisor Emerging
Asia Fund, Inc. (1997-present) and of the Fidelity
Advisor World Funds (1997-present).

Name (Age)+ Principal Occupation** Director
Since

David L. Yunich Former Trustee, Fidelity U.S.-registered open-end 1994
(8 1 ) investment companies (1978-1990); former
consultant, W.R. Grace & Company (1977-1995);
former Director, New York Racing Association
(1977-1995); former Director, Prudential Insurance
Company of America (1955-1991); former Director,
River Bank America (1964- 1997 ); former Director,
W.R. Grace & Company (1977-1995); former
Director, NYNEX Corporation (1970-1990); Trustee,
Saratoga Performing Arts Center, Boy Scouts of
America, and Carnegie Hall; former President, Vice
Chairman and Director, R. H. Macy & Company
(1955-1978); Trustee, Fidelity Investments Charitable
Gift Fund (1992 -present ); Director of Fidelity Advisor
Emerging Asia Fund, Inc. (1994-present) and of the
Fidelity Advisor World Funds (1995-present).

*Edward C. See Director nominees table. 1994
Johnson 3d
(68)

Bertram H. See Director nominees table. 1994
Witham, Jr.
(79)

Helmert Frans van den Hoven $ 12,000 $ 2 5 ,000

Bertram H. Witham, Jr. 12,000 5 1 , 00 0

David L. Yunich 12,000 2 5 ,000

Edward H. Malone 7,333 25,00 0

Edward C. Johnson 3d *** 0 0

Robert C. Pozen *** 0 0

* Includes compensation paid to Directors by the Fund. The Fund's
Directors do not receive any pension or retirement benefits from the
Fund as compensation for their services as Directors of the Fund.
** As defined in Item 22 of Schedule 14A of the Securities Exchange
Act of 1934. Including the Fund, as of August 3 1 ,
1998, there were 230 investment companies in the Fund Complex.
M r. Johnson is Director or Trustee of 230 of the
investment companies in the Fund Complex, including the Fund.
Mr. Pozen is Director or Trustee of 28 of the investment companies
in the Fund Complex, including the Fund. Messrs. van den Hoven,
Malone and Yunich are Directors of two investment companies in the
Fund Complex, including the Fund. Mr. Witham is a Director or Trustee
of four investment companies in the Fund Complex, including the Fund.
Under a retirement program adopted in July 1988 and modified in
November 1995 and November 1996 by the open-end investment companies
in the Fund Complex (the "Open-End Funds"), Messrs. Witham and Yunich,
upon reaching age 72, became eligible to participate in a retirement
program under which they receive payments during their lifetime from a
fund based upon their basic trustees fees and length of service as
trustee for the Open-End Funds. During the year ended September 30,
1997, Messrs. Witham and Yunich received $50,000 in payments under
that retirement program. Mr. Malone, upon retirement as a trustee for
the Open-End Funds, deferred his accrued retirement benefits for his
service as a trustee for the Open-End Funds under a deferred
compensation plan. The obligation of the Open-End Funds to make such
payments is not secured or funded.
*** Messrs. Johnson and Pozen, who are "interested persons" of the
Fund, do not receive any compensation from the Fund or other
investment companies in the Fund Complex for their services as
Directors or Trustees, and are compensated by FMR.
Executive Officers of the Fund

Name (Age) Position with Fund Principal Occupation and
(beginning in) Other Affiliations*

Edward C. Director and See Current Directors of the Fund
Johnson 3d President table.
(68) (1994)

Robert C. Director and Senior See Current Director of the Funds
Pozen Vice President table.
(5 2 ) (1994)

Robert H. Vice President Senior Vice President, Fidelity
Auld (199 7 ) Management & Research (Far East ) , Inc.
( 52 ) (1997-present)); former Director of
Research, Money Market Division, FMR
Texas Inc. (1991-1997) ; Vice President
of Fidelity Advisor Emerging Asia Fund,
Inc. (1997-present).

Richard A. Treasurer Treasurer of the Fidelity Funds and an
Silver (1997) employee of FMR (1997 -present ) ;
(5 1 ) f ormer Executive Vice President, Fund
Accounting & Administration, First
Data Investor Services Group, Inc.
(1996-1997) ; f ormer Senior Vice
President and Chief Financial Officer,
The Colonial Group, Inc. ; f ormer
Chairman, Accounting/Treasurer's
Committee, Investment Company
Institute (1987-1993).

Eric D. Secretary Vice President and General Counsel of
Roiter (1994) FMR (1998); adjunct Member, Faculty
(5 0 ) of Law, at Columbia University Law
School (1996-1997) ; f ormer partner,
Debevoise & Plimpton (1981-1997) ;
former Assistant General Counsel, U.S.
Securities and Exchange Commission
(1979-1981).

Leonard M. Assistant Treasurer An employee of FMR (1994 -present ) ;
Rush (1997) f ormer Chief Compliance Officer of FMR
(52) Corp. (1993-1994); former Chief
Financial Officer of Fidelity Brokerage
Services, Inc. (1990-1993).

Gregory T. Assistant Secretary An employee of FMR Corp.
Merz (199 8 ) (1994-present); former Associate,
(3 9 ) Debevoise & Plimpton (1985-1993).

John H. Assistant Treasurer Assistant Treasurer of all other
Costello (1994) registered management investment
(5 2 ) companies managed by FMR and an
employee of FMR.

* Except as otherwise indicated, each individual has held the office
shown or other offices in the same company for the last five years.
2. TO RATIFY THE SELECTION OF PRICEWATERHOUSE COOPERS LLP AS
INDEPENDENT ACCOUNTANTS OF THE FUND.
By a unanimous vote of the Fund's Audit Committee, the firm of
Price w aterhouse Coopers LLP has been selected as
independent accountants for the Fund to sign or certify any financial
statements of the Fund required by any law or regulation to be
certified by an independent accountant and filed with the Securities
and Exchange Commission or any state. Pursuant to the Investment
Company Act of 1940, such selection requires the ratification of
shareholders. Price w aterhouse Coopers LLP has advised the
Fund that it has no direct or material indirect ownership interest in
the Fund.
The independent accountants examine annual financial statements for
the Fund and provide other audit and tax-related services. In
recommending the selection of the Fund's accountants, the Audit
Committee reviewed the nature and scope of the services to be provided
(including non-audit services) and whether the performance of such
services would affect the accountants' independence. Representatives
of Price w aterhouse Coopers LLP are not expected to be
present at the Meeting, but have been given the opportunity to make a
statement if they so desire and will be available should any matter
arise requiring their presence.
OTHER BUSINESS
The Board knows of no other business to be brought before the
Meeting. However, if any other matters properly come before the
Meeting, it is the intention that proxies that do not contain specific
instructions to the contrary will be voted on such matters in
accordance with the judgement of the persons therein designated.
S TOCK HOLDER PROPOSALS
S tock holders wishing to submit proposals for inclusion in a
proxy statement for a subsequent s tock holder meeting should
send their written proposals by April 22, 1999, to the
Secretary, 82 Devonshire Street, Boston, Massachusetts 02109.
By Order of the Board of Directors,

Eric D. Roiter, Secretary

FAK- pxs-0998 CUSIP#315804104/Fund #603
1.707796.100
FIDELITY ADVISOR KOREA FUND, INC.,
PROXY SOLICITED BY THE DIRECTORS

The undersigned, revoking previous proxies, hereby appoint(s) Edward
C. Johnson 3d and Eric D. Roiter, or either of them, proxies of the
undersigned, with full power of substitution to each, to vote all
shares of Fidelity Advisor Korea Fund, Inc. as indicated above that
the undersigned is entitled to vote at the Annual Meeting of
Stockholders of the Fund to be held at the office of the Fund at 82
Devonshire St., Boston, MA 02109, on November 18, 1998, at 1:00 p.m.,
and at any adjournments thereof. All powers may be exercised by a
majority of said proxy holders or substitutes voting or acting or, if
only one votes and acts, then by that one. This Proxy shall be voted
on the proposals described in the Proxy Statement as specified on the
reverse side but, if no instructions are given, this Proxy will be
voted in favor of proposals 1 and 2 described in the Proxy Statement.
Receipt of the Notice of the Meeting and the accompanying Proxy
Statement is hereby acknowledged.

PLEASE VOTE, DATE AND SIGN ON REVERSE AND RETURN PROMPTLY IN ENCLOSED
ENVELOPE.

Please sign exactly as your name appears on the books of the Fund.
Joint owners should each sign personally. Trustees and other
fiduciaries should indicate the capacity in which they sign, and where
more than one name appears, a majority must sign. If a corporation,
the signature should be that of an authorized officer who should
indicate his or her title.
HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS?

FAK-pxs-1198 cusip #315804104/fund #603

FIDELITY ADVISOR KOREA FUND, INC.
Mark box at right if an address change of comment has been noted on
the revers side of this card.
Please be sure to sign and date this Proxy.

_________________________________________
Shareholder sign here

_________________________________________
Co-owner sign here

_________________________________________
Date
- ----------------------------------------------------------------------

1. To elect Class I Directors. [ ] FOR all [ ] [ ]
nominees WITHHOLD For
Edward C. Johnson 3d All
Bertram H. Witham, Jr. Excep
t
NOTE: IF YOU DO NOT WISH YOUR SHARES VOTED
"FOR" A PARTICULAR NOMINEE, MARK THE "FOR ALL
EXCEPT" BOX AND STRIKE A LINE THROUGH THE
NOMINEE'S NAME. YOUR SHARES WILL BE VOTED FOR
THE REMAINING NOMINEE.

2. To ratify the selection of Price w aterhouseCoopers FOR [ ] AGAINST [ ] ABSTAIN [ ]
LLP as independent accountants of the Fund.

Please refer to the Proxy Statement discussion of each of these
matters.
IF NO SPECIFICATION IS MADE, THE PROXY SHALL BE VOTED FOR THE
PROPOSALS.
As to any other matter, said attorneys shall vote in accordance with
their best judgment.

Vote this proxy card today! Your prompt response will save Fidelity
Advisor Korea Fund, Inc. tte expense of additional mailings.

Record Date Shares:
FAK-pxs-1198 cusip #315804104/fund #603