Transaction in Own Shares

Weiss Korea Opportunities Fund Ltd.("Weiss Korea" or "the Company")      

                          Transactions in Own Shares                           

Weiss Korea announces that on 9 January 2015 it purchased 900,000 ordinary
shares at a price of £1.19 per share in accordance with the authority granted
to it by shareholders at its Annual General Meeting. The purchased shares will
be cancelled. Following this purchase, the Company has 104,100,000 ordinary
shares in issue. There are no shares held in treasury.

For further information, please contact:

N+1 Singer                                      [phone]   
            
James Maxwell / Gill Martin - Nominated Adviser                                
James Waterlow - Sales                                                         
                                                                               
Northern Trust International Fund               [phone]               
Administration Services (Guernsey) Limited                                     
                                                                               
Cara De La Mare                                                                
   
                                                                            
Website                                                                        
                                                                               
weisskoreaopportunityfund.com