The GPS/levelling geoid calculated from GPS survey that data at 123 bench marks represents an appropriate regional geoid of the southern Korean peninsula. The GPS/levelling geoid fits best to the geoid calculated from the EGM96 geopotential model of degree and order to 360 with RMS difference 0.176 m. The good agreement of the GPS/levelling geoid with the EGM96 geoid suggests that the bench mark network is well established in Korea and the EGM96 geopotential model well represents the gravity field in the southern Korean peninsula.