The 5th PiFan was held for 9 days from 12 July, 2001 to 20 July and it was successfully undertaken with the great response in terms of stable event operation, improvement of audience service, systematic activities of the volunteers and others.

The event had the assessment that the satisfaction of audiences was heightened from the previous year with substantiated performance. Looking into the top notch works that PiFan discovered <Sorum> that was first introduced the overseas officials in film festivals that were three awards in the 22nd Fantasporto Film Festival of Portugal with Special Award from Reviewing Committee, Director Award, Female Actress Award (Jang Jin-young) and <The Butterfly> also won the Female Actress Award (Kim Ho-jeong) and Young Critics' Award from the 54th Rocarno Film Festival for their outstanding works.

During the Film Festival period, the opening movie of <Requiem for a Dream> and closing movie of <Amelie from Montmartre> had passionate reaction from the audiences as well as <Memento> and <The Hole> that had the success in theaters that it proved the great selection of PiFan for movies. Many genre movies such as <Battle Royale> and <Common Wealth>t hat had the opportunity to introduce in Korea was another great result of PiFan as well. In addition, <Visitor Q> and other Troma Production works brought refreshing shock to the audiences who have been encountered with the habitual commercial movies only.¡ºHogeumjeon Reminiscing Exhibition¡» that PiFan had prepared for its ambitious special program was the opportunity to look onto the source of strength in martial art movies that began from <Bicheonmu> to reach its peak in <Wahojangryong>.

The program that had the attention of the press media by the participation of a number of movie personnel and general audience, ¡ºMega Talk¡», brought the discussion on ¡¸Our Question for Cultural Diversity¡¹and the issue of how we are able to defend against the supremacy hegemony by defending our cultural sovereignty under the crisis of cultural diversity. ¡ºMidnight Movie¡» and ¡ºRock Concert¡»also had the greatest reaction as well as the 'Green Concert' and 'Fantasy Marathon' with the Bucheon citizens.

There are bursting flowers and a face with a multinational impression as a material in the poster of PiFan2001. In order to describe the peace through harmony, the designer, WooHyun Kang, uses Korean paper and ink and wants to depict oriental and Korean images through the poster.