WEISS KOREA OPPORTUNITY FUND - 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