The Chosun Fund

The Chosun Development & Investment Fund is a privately structured Limited Partnership Fund incorporated in the United Kingdom and based in London.

Specifically designed for investment in the Democratic People's Republic of Korea ("DPRK") or ("North Korea"). Chosun Fund is now beginning to seek subscriptions from qualifying investors. This follows the authorisation of Chosun Fund's Fund Manager, Anglo-Sino Capital Partners Limited on 19th May 2006 by the UK Financial Services Authority.

Chosun Fund will concentrate entirely on the DPRK and will channel external investment into the economic development of that country.

The exclusive Investment Advisor to Chosun Fund Fund manager is Hong Kong based Koryo Asia Limited ("Koryo Asia") whose team of principals has over 25 years experience of commercial & financial dealings with the DPRK and in Asia generally.

The principals working with Chosun Fund will initially be concentrating on those areas of the DPRK economy with which they are familiar and which they believe can be developed quickly and efficiently to generate foreign exchange cash flow for the DPRK.

As a completely private initiative it is intended that Chosun Fund is a fully transparent financial vehicle that will assist the DPRK develop its legitimate economic activities along internationally accepted lines and also provide an attractive return to investors.

This first-to-market fund has the capability to deliver a significant return on investment in the near term and considerably enhanced returns after the expected resolution of the current nuclear issue and other problems. This should result in a substantial expansion in the economy of North-East Asia's last emerging economy.