SKMD.L Regulatory News (SKMD)

3 Feb 2006 07:00

Headline : Conference call announcementsResolution of the Board Directors regarding the Dividends Payment1. Cash dividends per share Common Stock 8,000 of Common Stock Preferred Stock ----- 2. Dividend Payout Ratio (%) Common Stock 4.3% Preferred Stock ----- 3. Record Date December 31, 2005 4. Proposed dividend Payment ----- Date 5. Details Current period Previous period a. Annual dividend per Common Stock 9,000 10,300 share (KRW) Preferred ------ ------ Stock a.1. Year end dividend Common Stock 8,000 9,300 (KRW) Preferred ------ ------ Stock a.2. Interim dividend Common Stock 1,000 1,000 (KRW) Preferred ------ ------ Stock b. Dividend Ratio to Market Common Stock 4.8 5.2 Value (%) (including interim dividend) Preferred ------ ------ Stock c. Total Annual Dividend 662,528,664,000 758,227,248,800 (KRW) d. Net Income (KRW) 1,871,380,090,020 1,494,851,675,099 6. Proposed General Meeting ------ Date 7. Date of Board Resolution January 23, 2006 a. Attendance of the Participants 7 Non-Executive Directors Non-attendees ------ b. Attendance of the ------ Auditors 8. Others * 4. Proposed dividend payment date and 6. Proposed date for General Meeting of Shareholders - To be decided. * The above stated details subject to amendment by the General Meeting of Shareholders. ¢â‚¬» Relevant Disclosure Date ------ Future Business and Management Plan (1)(The following information is subject to change.)1. Plan Type a. 2006 Guidance b. Growth Strategy c. Return value to shareholders 2. Plan Purpose a. ----- b. Development of new engines for growth c. Enhancing Shareholder Value 3. Promotion a. 2006 Schedule b. 2006 c. 2006 - 2007 4. Expected ------ Investment Amount 5. Details a. 2006 Guidance a.1: Revenue target - 10.5 trillion won a.2: Data & Contents Business revenue target: 29.5% of total revenue (excluding interconnection fees) a.3: Marketing expenses: Up to 17.5% of revenue a.4: EBITDA target: 4.4 trillion won a.5: CapEx target: 1.6 trillion won b. Growth Strategy b.1: Promote the competitiveness of our core business b.2: Continue to strengthen our global expansion. c. Return value to shareholders c.1: In 2006, we plan to increase our dividend payout ratio to up to 40% of net income and also plan to buyback approximately Korean Won 200 billion in treasury shares. We have similar plans for 2007. 6. Expected ------ Effect 7. Obstacles ------ 8. Decision ------ Date(Board Meeting Date) 9. Disclosure Information SK Telecom IR Department Provider Information Investment Analysts/Institutional Investors Recipient Date, Venue, * Date: January 24, 2006, 10:00 a.m. and Event of Disclosure * Event: Conference call on 2005 Annual Results * Venue: SK Telecom Conference Room (Teleconference) 10. Contact Head in Hyung Jong, Song, IR Department (6100-1600) Information charge of Disclosure Person Young Jin, Kim, IR Department (6100-1639) Managing Disclosure Relevant IR Department (6100-1640) Department 11. Others The management plan and projections set forth above may not be realized depending on management and business circumstances. The substance of the above teleconference can be accessed through our website - www.sktelecom.com. Future Business and Management Plan (2)(The following information is subject to change.)1. Plan Type a. 2006 Guidance b. Business in Vietnam c. Return value to Shareholders 2. Plan Purpose ----- 3. Promotion a. 2006 Schedule b. ----- c. ----- 4. Expected ------ Investment Amount 5. Details a. 2006 Guidance a.1: Subscriber target - 20 million a.2: CapEx: * HSDPA: 570 billion won * Wibro: 170 billion won b. Business in Vietnam - In relation to our investment in Vietnam, the Company plans to invest up to $100 million in 2006 and up to $180 million in 2007 (which would increase the Company's equity interest in the venture to 85%). c. Return value to shareholders - We have no plans to sell treasury shares on the market at present. 6. Expected ------ Effect 7. Obstacles ------ 8. Decision ------ Date(Board Meeting Date) 9. Disclosure Information SK Telecom IR Department Provider Information Investment Analysts/Institutional Investors Recipient Date, Venue, * Date: January 24, 2006, 10:00 a.m. and Event of Disclosure * Event: Conference call on 2005 Annual Results * Venue: SK Telecom Conference Room (Teleconference) 10. Contact Head in Hyung Jong, Song, IR Department (6100-1600) Information charge of Disclosure Person Young Jin, Kim, IR Department (6100-1639) Managing Disclosure Relevant IR Department (6100-1640) Department 11. Others The management plan and projections set forth above may not be realized depending on management and business circumstances. The substance of the above teleconference can be accessed through our website - www.sktelecom.com. 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.ENDSK TELECOM CO LD (GDR)