Net Asset Value(s)

NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART OR INTO THE 
   UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF IRELAND OR SOUTH   
                           AFRICA OR TO U.S. PERSONS                           

                       Weiss Korea Opportunity Fund Ltd.                       
                                (the "Company") 
                               
     (a closed-ended investment scheme incorporated with limited liability     
           under the laws of Guernsey with registered number 56535)            

                    Publication of Net Asset Value ("NAV")                     
                         Date of Release 20th May 2015                          

           Name             NAV per share       ISIN            NAV DATE       
                              (Pence Per                                       
                                Share)                                         
                                                                               
Weiss Korea Opportunity         134.66      GG00B933LL68      19th May 2015    
Fund Ltd.                                                                      
                                                                               

Commentary:
As at 19th May 2015, the Company's net assets were £135.42 million.

Important Notice:

The Net Asset Value figure in this announcement is an estimate, and is based on
unaudited estimated valuations. Estimated results, performance or achievements
may differ materially from any actual results, performance or achievements. No
person has authority to give any representations or warranties (express or
implied) as to, or in relation to, the accuracy, reliability or completeness of
the information in this release, and all liability therefor is expressly
disclaimed. Accordingly, none of the Company, the Investment Manager, the
Administrator, or any of its/their respective members, directors, officers,
agents, employees or advisers take any responsibility for, or will accept any
liability whether direct or indirect, express or implied, contractual,
tortious, statutory or otherwise, in respect of, the accuracy or completeness
of the information or for any loss, howsoever arising, from the use of this
release. Except as required by applicable law, the Company expressly disclaims
any obligations to update or revise the above estimates to reflect any change
in expectations, new information, subsequent events or otherwise.

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
Cara De La Mare
Tel: [phone]