SKMD.L Regulatory News (SKMD)

8 Aug 2006 11:28

Report on Important Business Matters Cash Dividends 1. Dividend category Interim dividends 2. Dividend amount per share Common Stock 1,000 (Won) Preferred Stock -- 3. Market dividend rate (%) Common Stock 0.5 Preferred Stock -- 4. Total amount of dividend payment (Won) 73,713,657,000 5. Record date June 30, 2006 6. Dividend payment date -- 7. Date of the general shareholders' meeting -- 8. Date of the resolution by the Board of July 28, 2006 Directors * Attendance of external Present 7 directors Absent -- * Attendance of auditors -- 9. Other noteworthy matters * As for Item 6 above, dividends will be paid out within 20 days from the date of the resolution by the Board of Directors, pursuant to the Securities and Exchange Act of Korea. Exchange Price Adjustments1. Details Adjusted the exchange price of foreign exchangeable bonds following the decision to pay interim dividends 1. Exchange price Won 218,098 before adjustments Won 217,062 after adjustments 2. Number of exchangeable shares 1,677,812 before adjustments 1,685,816 after adjustments *Foreign exchangeable bonds - Issued on May 27, 2004 in the amount of USD329,450,000 -5-year maturity - Exchange period: from July 7, 2004 to May 13, 2009 2. Date of July 28, 2006 confirmation 3. Other noteworthy Disclosure regarding foreign exchangeable bond offering matters (May 28, 2004) Forward-Looking Statement DisclaimerThe material above contains forward-looking statements. Statements that are nothistorical facts, including statements about our beliefs and expectations, areforward-looking statements. These statements are based on current plans,estimates and projections, and therefore you should not place undue reliance onthem. Such forward-looking statements involve known and unknown risks,uncertainties and other factors which may cause the our actual results orperformance to be materially different from any future results or performanceexpressed or implied by such forward-looking statements. We do not make anyrepresentation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained hereinis, or shall be relied upon as, a promise or representation, whether as to thepast or the future. Forward-looking statements speak only as of the date theyare made, and we undertake no obligation to update publicly any of them inlight of new information or future events. Additional information concerningthese and other risk factors are contained in our latest annual report on Form20-F and in our other filings with the U.S. Securities and Exchange Commission.SIGNATURESPursuant to the requirements of the Securities Exchange Act of 1934, theregistrant has duly caused this report to be signed on its behalf by theundersigned, thereunto duly authorized.SK Telecom Co., Ltd.(Registrant)By: /s/ Hyun Jong Song(Signature)Name: Hyun Jong SongTitle: Vice PresidentDate: August 8 , 2006ENDSK TELECOM CO LD (GDR)