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Estimated Results of Operations

4 May 2007 09:07

Estimated Results of Operations (Fair Disclosure)

\* The following information is based on preliminary estimates and may differ from our actual results of operations. 1. Results of Operations(Unit: Million KRW, %) 1st 4th Increase 1st Increase Quarter Quarter (Decrease) Quarter (Decrease) 2007 2006 percentage 2006 percentage for 1Q 2007 for 1Q 2007 versus versus 4Q 2006 1Q 2006 Operating For the 2,711,731 2,759,776 (1.74) 2,540,314 6.75Revenue quarter Cumulative 2,711,731 10,650,952 -- 2,540,314 6.75Operating For the 661,984 538,860 22.85 667,861 (0.88)Income quarter Cumulative 661,984 2,584,370 -- 667,861 (0.88) Ordinary For the 563,792 371,006 51.96 478,276 17.88Income quarter Cumulative 563,792 2,021,643 -- 478,276 17.88Net For the 396,310 279,298 41.90 337,160 17.54Income quarter Cumulative 396,310 1,446,598 -- 337,160 17.542. Prior Information SK Telecom IR Department disclosure provider of information Audience Investment analysts and institutional investors Date of 4:00 p.m., April 26, 2007 disclosure Event(place) Conference call on 1Q 2007 results (SK Telecom headquarters conference room) 3. Contacts Responsible officer Tae Jin Park, Head of IR Department (telephone number) (6100-2400) Primary contact Jinmo Kim, Manager, IR Department (telephone number) (6100-1620) Relevant department IR Department 4. Other Relevant Information * Please refer to the attached "Results for the Quarter Ended March 31, 2007" for details regarding our estimated results of operations. (Please refer to the link below for the "Results for the Quarter Ended March 31, 2007":

http://xprnnews.xfn.info/SK/20070504/SKTQ1.pdf )

* The content of the conference call will be broadcast in real-time on our company web site (www.sktelecom.com ). * The amount of ordinary income stated above is the income before income taxes, based on the changes to applicable accounting standards.

Forward-Looking Statement Disclaimer

The 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 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.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: May 4, 2007

SK TELECOM CO LD (GDR)
Date   Source Headline
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24th Apr 20087:00 amPRN2007 Annual Business Report
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18th Mar 20087:38 amPRNResults of the General Meeting of Shareholders
26th Feb 20087:51 amPRNNotice of AGM
5th Feb 20087:00 amPRNFuture Business and Management Plans (Fair Disclosure)
5th Feb 20087:00 amPRNReport on Important Business Matters
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22nd Oct 20077:00 amPRN3Q Conference Announcement
2nd Oct 20077:14 amPRNResults of Operations
27th Sep 20077:00 amPRNOther Major Business Matters
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24th Jul 20077:22 amPRNOther Important Business Matters
23rd Jul 200711:24 amPRNConference Announcement
26th Jun 20077:33 amPRN1st Quarter Results
7th Jun 20077:32 amPRNResult of Operations (May)
4th May 20079:07 amPRNEstimated Results of Operations
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24th Apr 20078:21 amPRNConference Announcement
20th Apr 20078:35 amPRN2006 Annual Business Report
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5th Apr 20077:00 amPRNResults of Operations
9th Mar 20079:49 amPRNResults of the General Meeting of Shareholders
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9th Mar 20077:00 amPRNIndependent Auditors' Report
21st Feb 20077:08 amPRNNOTICE OF SHAREHOLDERS MEETING AND AGENDA
8th Feb 200710:03 amPRNImportant Business Matters
5th Feb 20078:05 amPRN3rd Quarter Results

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