Future Plans

4 May 2007 08:36

Future Business and Management Plans (Fair Disclosure)

\* The information provided below concern future plans and may be subject to change.

1. Matters covered by future plans 1. Plans for market operations

2. HSDPA-related matters 3. Global business-related matters 2. Major items and Purpose -- timetables Details 1. Plan for market operations: * Target market share by year-end: 50.5% 2. HSDPA-related matters: * Plan to secure 1.5 million subscribers by year-end 3. Global business-related matters: * Vietnam S-Telecom: 1.83 million subscribers as of end of March 2007 Timetable -- Expected -- investment amount Expected effect -- 3. Risk factors --

4. Date of the resolution of the Board of --

Directors 5. Prior disclosure Information provider SK Telecom IR Department of information Audience Investment analysts and institutional investors Date of disclosure 4:00 p.m., April 26, 2007 Event (place) Conference call on 1Q 2007 results (SK Telecom headquarters conference room) 6. 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 7. Other relevant * The content of the conference call will be broadcast information in real-time on our company web site (www.sktelecom.com).

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