Navigate to app\design\frontend\rwd\default\template\catalog\product\view.phtml
Find the code:
<?php if ($_product->getShortDescription()):?>
<div class="short-description">
<div class="std"><?php echo $_helper->productAttribute($_product, nl2br($_product->getShortDescription()), 'short_description') ?></div>
</div>
<?php endif;?>
Add the below code:
<div class="std">
<?php echo $_helper->productAttribute($_product, nl2br($_product->getSku()), 'sku') ?>
</div>
above previous code. Stylise with <hr> tag
Example:
<div class="std">
SKU: <?php echo $_helper->productAttribute($_product, nl2br($_product->getSku()), 'sku') //Mike added?>
</div>
<hr>