The eight-team tournament starts on Thursday 12 July 2007, with the final taking place on Saturday 21 July.
We don't yet know who Reading will face, but the draw will take place in Seoul on Tuesday 22 May.
The way the tournament works is two groups of four, with each team playing the other once, then the group winners meeting in the final. Venues will include four of the stadia that hosted fixtures in the 2002 World Cup Finals.
'No finer sentiment'
BBC Radio Berkshire will be there alongside the Royals to bring you the latest news from the tournament, as the squad build up to a second season in the Premiership and - who knows - maybe even European football.
This will be the third Peace Cup. In 2003 PSV Eindhoven won it, and in 2005 Spurs were champions.
Reading FC chairman John Madejski says there is "no finer sentiment" than the competition.
"A Peace Cup is the desire of every civilised nation. I am delighted that Reading Football Club will be participating in this trophy."
Funds raised from the tournament will be donated to the Peace Cup Foundation.