1. All of the plaintiffs' claims are dismissed.

2. The costs of lawsuit are assessed against the plaintiffs.

1. Details of ruling;

(a) Authorization and public notice of project implementation - D Housing Redevelopment rearrangement project - Project implementer: Defendant - Project implementer - Japan E Institute in Busan Metropolitan Government - Public notice of project implementation authorization: August 8, 2012;

Adjudication on expropriation by the local Land Tribunal of Busan Metropolitan City on July 14, 2014 - Land and obstacles owned by the plaintiffs in the rearrangement project zone, shall be recorded as follows:

- Commencement date of expropriation: November 2014

The Central Land Tribunal's ruling on an objection (hereinafter referred to as "adjudication on an objection") on January 22, 2015 - Contents of the adjudication: The following "amount of the adjudication on an objection" shall be written as follows:

The results of this Court’s entrustment of appraisal to the appraiser F of the appraiser F of this Court (hereinafter “court appraisal”): The appraisal content shall be as follows:

Plaintiff

The land to be expropriated and the area of land category (land size) A with the land category (land category) at which the court appraisal amount is located at the GH 249,064,000 5,680,000 GH 188 462,668,000 436,160,000 JJ 185,285,285,000 429,200 420,181,950 J neighborhood living facilities and obstacles, and 14,181,950 60 991,198,950 98,200 600 , 14,604, 9350 , 208, 2086 ,308, 608, 608, 960

2. The assertion and the judgment plaintiffs claim that the compensation for losses set forth in the judgment on the objection is excessively underassessment in light of the sales cases and the compensation precedents of the neighboring area, and thus, the defendant asserts that the plaintiffs are liable to pay 10 million won and damages for delay as the difference between the reasonable compensation and the compensation for losses set forth in the judgment on the objection.

The increase or decrease of land expropriation compensation.