AUDIT
COMMITTEE

INDEPENDENT DIRECTOR
RECOMMENDATION COMMITTEE

COMPENSATION
COMMITTEE

CAPEXREVIEW
COMMITTEE

CORPORATE CITIZENSHIP
COMMITTEE

SK Telecom's Audit Committee is composed of three members, all of whom were independent directors appointed from outside the company as of March 14, 2008.

Members	Independent Directors
3 directors	Dal Sup Shim, Hyun Jin Lim, Jae Ho Cho

The Audit Committee was created in accordance with the company's Articles of Incorporation.

Meeting	Date	Agenda	Determination	Remarks
The first meeting of 2007	January 24, 2007	Financial statements for the year ended December 31, 2006 Annual business report for the year ended December 31, 2006 Report on operation of internal accounting controls	-	-
The second meeting of 2007	February 12, 2007	Report on K GAAP audit of the financial statements for the year ended December 31, 2006 Report on the review of internal accounting controls for the year ended December 31, 2006 Report on the 2006 second-half management audit and the 2007 plan Auditor's opinion on internal controls Audit report for the year ended December 31, 2005 Evaluation of internal accounting controls	- - - Approved as proposed Approved as proposed Approved as proposed	-
The third meeting of 2007	April 26, 2007	Election of committee chairman Reaffirmation of services to be provided by external auditors for fiscal year 2007 Report on internal audit regarding the appropriateness of imposition of certain fines	Approved as proposed To be re-proposed at subsequent meeting	-

The above information is based on public disclosure of the Company’s 2007 Business Report.

Meeting	Date	Agenda	Determination	Remarks
The first meeting of 2006	January 20, 2006	Report on operation of internal accounting controls	-	-
The second meeting of 2006	February 13, 2006	Audit report for the year ended December 31, 2005 Evaluation of internal accounting controls	Approved as proposed	Approved as proposed
The third meeting of 2006	February 27, 2006	Auditor's opinion on the internal audit system Management audit schedule for 2006 Proposal for the election of outside auditor for 2006-2008 period	Approved as proposed - -	-
The fourth	March 8	Election of outside auditor for 2006-2008	Approved as	-
meeting of 2006	2006	period	proposed	-
The fifth meeting of 2006	April 25, 2006	Election of chairman Remuneration for outside auditor Collective re-approval of outside auditor's service schedule for 2006 Management report	Approved as proposed Approved as proposed Approved as proposed	-
The sixth meeting of 2006	May 25, 2006	Report on issuance of overseas convertible bonds and approval of related treasury stock disposition plan, as amended	-	-
The seventh meeting of 2006	June 20, 2006	Audit report for 2005 US GAAP financial statements	-	-
The eighth meeting of 2006	July 5, 2006	Report on operation of Ethics Counseling Center Report on activities relating to the prevention of ethical issues Report on the Company's current operations	-	-
The ninth meeting of 2006	April 27, 2006	Interim dividend plan Plan to acquire the Company's common stock for cancellation Management audit results for the first half of 2006	-	-
The tenth meeting of 2006	August 30, 2006	Plans for issuance of corporate bonds and long-term borrowings Plan to acquire the Company's common stock for cancellation Report on the Company's current operations	-	-
The eleventh meeting of 2006	October 26, 2006	Report on status of internal accounting controls Plan for issuance of corporate bonds Report on the Company's current operations	-	-

Meeting	Date	Agenda	Determination	Remarks
9th	August 25, 2005	Report on status of company management	-	-
8th	July 28, 2005	Report on status of internal accounting management systems Report on status of company management	-	-
7th	June 24, 2005	Request for services of independent auditors (proposal) Report on status of company management	Approved	-
6th	May 26, 2005	Remuneration of independent auditors for 2005 (proposal) Report on status of company management	Approved	-
5th	May 2, 2005	Approving the request for services of independent auditor for 2005 (proposal) Appointment of representative director for Audit Committee (proposal)	Approved	-
4th	March 22, 2005	Request for services of independent auditor (proposal) Auditor’s opinion on internal auditing mechanisms (proposal)	Approved	-
3rd	March 10, 2005	Evaluation of operational status of internal accounting management systems (proposal)	Approved	-
2nd	February 21, 2005	2004 Auditor's Report (proposal) Report on operational status of internal accounting management systems	Approved	-
1st	January 25, 2005	Report on status of company management	-	-

Meeting	Date	Agenda	Determination	Remarks
10th	December 2, 2004	Report on status of company management	-	-
9th	September 24, 2004	Remuneration of independent auditor for 2004 (proposal)	Approved	-
8th	September 23, 2004	Report on status of company management	-	-
7th	August 27, 2004	>Report on operational status of internal accounting management systems.	-	-
6th	May 20, 2004	Appointment of representative director for Audit Committee (proposal) Additional blanket approval for request of services of independent auditors (proposal)	Approved	-
5th	April 22, 2004	Report on status of company management	Approved	-
4th	March 12, 2004	Report on status of company management	-	-
3rd	March 8, 2004	Request for services of independent auditor (proposal)	-	-
2nd	February 22, 2004	2003 Auditor's Report (proposal) Evaluation of operational status of internal accounting management systems (proposal)	-	-
1st	January 24, 2004	Report on status of company management	-	-

Meeting	Date	Agenda	Determination	Remarks
14th	December 24, 2003	Report on status of company management	-	-
13th	November 27m 2003	Request for services of independent auditor (proposal)	Approved	-
12h	November 5, 2003	Report on status of company management	-	-
11th	October 29, 2003	Report on status of company management	-	-
10th	October 24, 2003	Report on status of company management	-	-
9th	August 29, 2003	Report on status of company management	-	-
8th	July 25, 2003	Report on status of company management	-	-
7th	June 5, 2003	Report on status of company management	-	-
6th	June 5, 2003	Report on status of company management	-	-
5th	May 23, 2003	Report on status of company management	-	-
4th	May 20, 2003	Report on status of company management	-	-
3rd	May 2, 2003	Report on status of company management	-	-
2nd	March 20, 2003	2002 Auditor's Report (proposal) Evaluation of operational status of internal accounting management systems (proposal) Approval of appointment independent auditor (proposal)	-	-
1st	November 27, 2003	Report on status of company management	-	-