SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUERP

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

For the Month of October, 2004

KOREA ELECTRIC POWER CORPORATION

(Translation of registrant’s name into English)

167, Samseong-dong, Gangnam-gu, Seoul 135-791, Korea

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes No X

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .

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Financial Results – first 9 months

In billion Won 2004 first 9 months 2003 first 9 months Change % (yoy)

Sales 18,038 16,900 1,138 6.7%

Operating Cost 13,949 12,623 1,326 10.5%

Fuel 5,187 4,005 1,182 29.5%

Purchased Power 1,186 1,085 102 9.4%

Labor 1,096 991 105 10.6%

Retirement Benefit 96 100 -5 -4.5%

Maintenance 1,156 1,070 86 8.0%

Depreciation 3,375 3,398 -22 -0.7%

Commission 416 392 24 6.2%

Other Electricity 1,354 1,344 10 0.8%

Other Business 82 239 -157 -65.8%

Operating Profit 4,089 4,277 -188 -4.4%

Non Operating Income 971 861 110 12.8%

FX Gain 377 266 111 41.5%

Gain on Equity Method 169 195 -26 -13.5%

Other 426 400 26 6.6%

Non Operating Expense 893 1,183 -291 -24.6%

Interest 550 641 -91 -14.3%

FX Loss 8 52 -44 -84.2%

Other 335 490 -155 -31.6%

EBT 4,167 3,954 213 5.4%

Net Profit 2,664 2,289 375 16.4%

* KEPCO+Gencos

* This financial information is preliminary, un-audited and made by adjusting for inter-company transactions among KEPCO and its six generating subsidiaries only. As such, these financial information may not have been prepared in accordance with Korean generally accepted accounting principles, and may not necessarily be indicative of the results of operations of KEPCO and its six generating subsidiaries as a group. This information is subject to change.

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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.

KOREA ELECTRIC POWER CORPORATION

By: /s/ Lee, Do-Shik

Name: Lee, Do-Shik

Title: Head of Treasury Department

Date : Oct. 27, 2004