This study examines spoken interlanguage of Korean learners of English, focusing on the distribution of modal verbs and devices of epistemic modality. (Semi-) spontaneous speech data were collected from four students participating in a self-organized study group for seven months, which produced a corpus of about 55,000 words. The data analysis reveals the following: 1) The frequency of the modal verbs produced by the learners was lower than that of native speakers; 1.99 vs. 2.32 tokens per 100 words. The range of the modal verbs used by the learners was also very limited, with over-reliance on can (43%). 2) The grammatical categories of the devices marking epistemic modality were in the order of adverbs, lexical verbs, and modal verbs, with a high frequency of a few items in each category. 3) Lexical items conveying certainty and modals of obligation were preferred over markers of weaker commitment, resulting in speech characterized by firmer assertions and a more authoritative tone, a potential cause for pragmatic failure. 4) A weak developmental change was observed in the frequency of modal verbs, but not in their functions over the seven month period of data collection. L1 influence, L2 proficiency, mode of communication, and instruction effects are discussed as possible variables involved in the distribution patterns observed.