1. The Defendants are jointly and severally liable to the Plaintiff for KRW 2,067,526,987 and KRW 2,025,495,890 from July 2, 2004 to July 2, 2006.

1. On December 24, 2003, the Plaintiff entered into an export credit guarantee agreement with Defendant A Co., Ltd. with a credit guarantee limit of KRW 2,00,00,000,00. Defendant B and C jointly and severally guaranteed each obligation based on the above export credit guarantee agreement against the Plaintiff of the Defendant A Co., Ltd. on July 1, 2004. On July 1, 2004, the Plaintiff filed a claim for reimbursement for subrogated payment [the subrogated payment amount of KRW 2,025,495,890, the subrogated payment amount of KRW 42,031,097,000, the balance of the bond preservation expenses (=48,298,520 - recovered amount of KRW 6,267,423), the agreed interest rate of KRW 17% per annum, the Seoul Central District Court against the Defendants of the Plaintiff on November 3, 2006.]

2. Applicable provisions;

A. Article 208(3)2 of the Civil Procedure Act (a) of the defendant A corporation, B of the Civil Procedure Act

B. Article 208(3)3 of the Civil Procedure Act of Defendant C