The electromagnetic interference (EMI) shielding is very essential for commercial and military purposes. We fabricated multi-walled carbon nanotube (MWNT)/epoxy composites and studied the electromagnetic characteristics of the composites before we study the characteristics of MWNT-added glass fiber-reinforced composites. After setting up the fabrication process, we measured the permittivity of MWNT/epoxy composites with process variables and MWNT concentrations in X-band (8.2GHz~12.4GHz). We also observed re-aggregation phenomenon of MWNTs and investigated its effect on the permittivity. The permittivity of the composites was influenced by the degree of dispersion of MWNTs and increased almost linearly as MWNT concentration increases.