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WEISS KOREA OPPORTUNITY FUND - Holding(s) in Company

PR Newswire

For filings with the FCA include the annex

For filings with issuer exclude the annex


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer               Weiss Korea Opportunity
of existing shares to which voting rights are                                  Fund Ltd.
attached:ii

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                        X

An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights are
attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the                      Chalkstream Capital Group,
notification obligation:iii                                                         L.P.

                                                              (i) Chalkstream Investment
                                                                              Fund, L.P.
                                                              (ii) Chalkstream Insurance
4. Full name of shareholder(s)                                   Fund Series of the SALI
 (if different from 3.):iv                                       Multi-Series Fund, L.P.

                                                            (iii) Chalkstream Investment
                                                             Fund (International), Ltd.

5. Date of the transaction and date on
which the threshold is crossed or                                         19-August-2014
reached: v

6. Date on which issuer notified:                                         19-August-2014

                                                                   Situation previous to
7. Threshold(s) that is/are crossed or                           transaction:  above 6%;
reached: vi, vii                                               Resulting situation after
                                                                      transaction: 5.99%





8. Notified details:

A: Voting rights attached to shares viii, ix

Purchaser        Class/type   Situation previous        Resulting situation after the triggering transaction
                 of           to the triggering
                 shares       transaction

                              Number       Number       Number          Number of voting        % of  voting
                 if possible  of           of           of shares       rights                  rights x
                    using     Shares       Voting
                   the ISIN                Rights       Direct          Direct xi    Indirect   Direct    Indirect
                     CODE                                                                                  xii

  Chalkstream
Investment Fund,              5,563,310    5,563,310    4,660,810       4,660,810    N/A        4.44%     N/A
      L.P.       GG00B933LL68
  Chalkstream
 Insurance Fund
Series Interests               932,000      932,000       907,500         907,500    N/A        0.86%     N/A
  of the SALI
  Multi-Series
   Fund, L.P.

  Chalkstream
Investment Fund                794,690      794,690       721,690         721,690    N/A        0.69%     N/A
(International),
      Ltd.
     Total                    7,290,000    7,290,000     6,290,000       6,290,000   N/A        5.99%     N/A


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial         Expiration      Exercise/               Number of voting                % of voting
instrument                date xiii       Conversion Period xiv   rights that may be              rights
                                                                  acquired if the
                                                                  instrument is
                                                                  exercised/ converted.



C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial   Exercise price Expiration date   Exercise/            Number of voting rights
                                                                          instrument                % of voting
                                                                                                    rights xix, xx
instrument                         xvii              Conversion period    refers to
                                                     xviii                                    Nominal Delta


Total (A+B+C)

Number of voting rights                        Percentage of voting rights

    6,290,000                                              5.99%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Chalkstream Investment Fund, L.P.: 4,660,810 shares (4.44%)

Chalkstream Insurance Fund Series Interests of the SALI Multi-Series Fund,
L.P.:  907,500 shares (0.86%)

Chalkstream Investment Fund (International), Ltd.: 721,690 shares (0.69%)



Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:     Note: This notification is being furnished to the issuer
                                    pursuant to Article 15.1 of the issuer's Articles of
                              Association dated as of 23 January 2014, and is being sent
                                                on a Form TR-1 for convenience purposes.

                                                                          Xiao-Hong Jing
14. Contact name:                                              Chief Compliance Officer,
                                                         Chalkstream Capital Group, L.P.

15. Contact telephone number:                                            +1 212 707-6100






 Chalkstream Capital Group, L.P. is acting in its capacity as (i) investment
adviser to Chalkstream Investment Fund, L.P., (ii) investment subadvisor to the
Chalkstream Insurance Fund Series of the SALI Multi-Series Fund, L.P, and (iii)
investment adviser to Chalkstream Investment Fund (International), Ltd.

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