Korean directorLee Kwang-mo's Fairy Tale Of A Picture Tree and Thai project HeartbreakPavilion shared the top prize at this year's Pusan Promotion Plan (PPP) -the $20,000 Busan Award - supplied by the city of Busan.

When it goes intoproduction, Fairy Tale will mark the first film from Lee since hismultiple award-winning debut, Spring In My Hometown, in 1998. His newproject is a fantasy drama that touches on issues including families dividedbetween South and North Korea.

HeartbreakPavilion, from Thaidirectors Thunska Pansittivorakul and Sompot Chidgasornpongse, is a collectionof stories about heartbroken people who end up trapped on a boat together.

Meanwhile, theCineclick Asia award of $10,000 went to Opium War from Afghani directorSiddiq Barmak, whose debut film Osama won a Golden Globe in 2004. Newlyestablished this year, the award includes a first-look option for investmentand overseas distribution with Korean sales agent Cineclick.

The Busan FilmCommission award, also worth $10,000, went to a project from Tajikistan - To Get To Heaven First You Have ToDie - to be directed by Djamshed Usmonov.

The year's PPP featured27 projects from Asian filmmakers and a further six from Korean directors inthe New Directors In Focus (NDIF) programme. Not surprisingly perhaps, Beautiful,from Korea's best-known arthouse director, Kim Ki-duk, receivedthe most meeting requests according to event organisers.

Launched in 1998,the PPP draws ever increasing crowds of industry guests and media attention. Overthe previous seven editions, 137 projects have participated in the market ofwhich 43% are either in production or completed.

FULL LIST OFPPP AWARDS:

Busan Award($20,000)
Fairy Tale Of APicture Tree - LeeKwang-mo
Heartbreak Pavilion - Thunska Pansittivorakul, SompotChidgasornpongse

Kodak Award
(negative film worth 20mKorean won)
Paju - Park Chan-ok

MBC MoviesAward
(10m Korean won)
Broken Piece Of Mirror - Hong Ki-seon

Cineclick AsiaAward
($10,000)
Opium War - Siddiq Barmak

Busan FilmCommission Award
($10,000)
To Get To Heaven First You Have To Die - Djamshed Usmonov.

NDIF ProjectAwards:

LJ Films Award
(20m Korean won)
A Girl From The Fourth Dimension - Park Eun-young

BarunsonAward
(10m Korean won)
Stay With Me - Chung Hee-sung