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                                      +44 20 7496 3000

James Maxwell / Gill Martin - Nominated Adviser
James Waterlow - Sales

Northern Trust International Fund               +44 1481 745 498
Administration Services (Guernsey) Limited

Cara De La Mare


Website

weisskoreaopportunityfund.com