3Q 2007 Business Results

31 Oct 2007 12:47

Business (Preliminary) Results

* The preliminary results shown in this table may differ from the final results

1. Details Classification Current Previous Year to (unit: in million Won, %) Term Term Year (third (second Comparison quarter of quarter of (third 2007) 2007) Changes quarter of Changes 2006) Sales Current Amount Results 2,815,566 2,842,592 (-)0.95 2,712,531 3.80 Accumulative Results 8,369,889 5,554,323 -- 7,891,177 6.07 Operating Current Income Results 536,611 662,229 (-)18.97 758,121 (-)29.22 Accumulative Results 1,860,824 1,324,213 -- 2,045,271 (-)9.02 Ordinary Current Income Results 1,051,188 559,325 87.94 645,936 62.74 Accumulative Results 2,174,304 1,123,116 -- 1,650,638 31.73 Current Current Net Results 776,819 403,274 92.63 456,803 70.06Profit Accumulative Results 1,576,403 799,584 -- 1,167,301 35.05 2. Source of Data Data Provider SK Telecom IR Team Provided for Analysts and Institutional Investors Date of Provision October 25, 2007 / 16:00 Related Event (Location) Conference Call for the quarter ended September 30, 2007 (SK Telecom Headquarter, Conference Room) 3. Contact Supervisor IRTeam, Tae Jin Park (6100-2400)

Information Organizer IRTeam, Jin Mo Kim (6100-1620) Organizing Team IRTeam (6100-1620)

Forward-Looking Statement Disclaimer

The material above contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the our actual results or performance to be materially different from any future results or performance expressed or implied by such forward-looking statements. We do not make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Additional information concerning these and other risk factors are contained in our latest annual report on Form 20-F and in our other filings with the U.S. Securities and Exchange Commission.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

SK Telecom Co., Ltd. (Registrant) By: /s/ Tae Jin Park (Signature) Name: Tae Jin Park Title: Vice PresidentDate: October 31, 2007