Lim finished his first collegiate season with a record of 8–1 and an ERA of 1.61 in 67 innings pitched.
In April 2008, Lim was named to the preliminary 66-man South Korea national baseball team roster for the 2008 Beijing Olympic Games.
Lim hurled 6 complete game (1 shutout) victories out of his 8 wins with 68 strikeouts, and helped his team to win the titles at the President's Flag Championship and the National Collegiate Championship, named MVP in both of the competitions.
In April, Lim posted a 1.17 ERA, appearing in 13 games as a left-handed specialist.
In early June, Lim was finally demoted to the Lions' second-tier team as Kwon Hyuk came back from a disabled list.