SK broadband Posts Revenues of KRW 447.8 Billion for the Third Quarter of 2008

SEOUL, South Korea — SK broadband incorporated (KOSDAQ: 033630) (the “Company”), Korea’s leading integrated telecommunications company, announced that the Company posted a revenue of KRW 447.8 billion, down 4.1% year-over-year, for the third quarter of 2008.

Proposed future business – IPTV

The commercial “broad&tv” service was launched on July 24, 2006 and acquired about 760,000 subscribers (including broadband media subscribers) as of the end of September 2008. IPTV pilot service will begin from August 11 and commercial service will begin in December of the same year.

Subscribers:

                     Q3'08     Q2'08     Q1'08     Q4'07     Q3'07
                  --------  --------  --------  --------  --------
broad&tv           768,625   804,809   882,356   807,219   590,965
  Net Additions    -36,184   -77,547   +75,137  +216,254   +42,986

Change of the corporate name

Date of change               Before change           After change
--------------  --------------------------  ---------------------
Sep. 22, 2008   hanarotelecom incorporated  SK broadband co.,ltd.

More: Earnings Release