This Report of Foreign Private Issuer on Form 6-K is deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including by reference in the Registration Statement on Form F-3 (Registration No. 33-99550) and the Registration Statement on Form F-3 (Registration No. 333-9180).

Disclaimer:
The financial numbers of Korea Electric Power Corporation (“KEPCO”) and its six-generation subsidiaries (“GENCOs”) as presented below are not consolidated and made by simply adding the results of operations of KEPCO to the results of operations of GENCOs, after adjusting for major inter-company transactions. It must be noted that this information has been prepared by KEPCO for its internal purpose and for the convenience of KEPCO’s investors based upon the information that is available to KEPCO management at the time of preparation. This financial information has not been audited or reviewed by KEPCO’s independent accountants, Samjung & Co., or any other accountants and has not been prepared in accordance with the generally accepted accounting principles of any country. Accordingly, this financial statement may not necessarily be indicative of the results of operations of KEPCO and GENCOs and should not be relied upon, or form a basis of entering into any contract, for the purpose of trading any securities of KEPCO or any other investment decision in respect of KEPCO and GENCOs.

Unaudited, preliminary STATEMENTS OF INCOME including six Gencos only
for the first nine months of 2005 and 2004

	From Jan. 1, 2005		From Jan. 1, 2004		Year on Year
(Unit: in billions of Korean Won)	Through Sep. 30, 2005		Through Sep. 30, 2004		Change
Operating revenues:		18,969		17,875		6.1	%
Sale of electric power		18,587		17,600		5.6	%
Other operating revenues		294		193		52.4	%
Revenues for other businesses		88		82		7.7	%
Operating expenses:		15,022		13,745		9.3	%
Fuel		5,850		5,372		8.9	%
Power purchased for resale		1,025		1,028		-0.3	%
Labor		1,305		1,096		19.0	%
Retirement Benefit		140		96		46.6	%
Maintenance		1,143		1,156		-1.2	%
Depreciation		3,756		3,423		9.8	%
Commission		450		416		8.1	%
Other operating expenses		1,262		1,077		17.2	%
Expenses for other businesses		91		82		11.2	%
Operating income		3,948		4,130		-4.4	%
Other income:		792		961		-17.5	%
FX gain		197		377		-47.6	%
Investment income from affiliates		113		164		-31.2	%
Other		482		420		14.9	%
Other expenses:		802		881		-9.0	%
Interest expenses		459		550		-16.5	%
FX loss		30		8		266.3	%
Investment loss from affiliates		21		—		—
Other		292		324		-9.7	%
Income before tax		3,938		4,209		-6.4	%
Provision for income tax		1,351		1,512		-10.7	%
Net income		2,587		2,698		-4.1	%