1. The defendants' appeal is dismissed.

2. The costs of appeal are assessed against the Defendants.

Purport of claim and appeal

1..

1. Facts of recognition;

A. On August 14, 2009, I Co., Ltd. (hereinafter “I”) sold K, L, and M-based N-based apartment (hereinafter “instant apartment”) to the O (hereinafter “O”) and entered into the following special agreement as a payment method for the purchase price.

Article 7 (Matters of Special Agreement) (1) The buyer (=the defendant company, hereinafter the same person) shall substitute for a final agreement to grant the seller’s obligation of KRW 950,000,000 to the buyer (=the non-party company, hereinafter the same person) for the discharge of the buyer’s obligation of KRW 950,000,000, not later than the date of the conclusion of this sale contract.

(2) On September 15, 2009, the buyer shall substitute for performing a final agreement to acquire the seller’s obligation of KRW 470,000,000, total amount of KRW 470,000 on September 15, 2009, the buyer shall take over the seller’s obligation of KRW 170,000.

(3) The buyer succeeds to the seller’s obligation of KRW 5,474,373,00 as well as KRW 1,25,500 as well as KRW 150,00 as well as KRW 605,00 as well as KRW 605,00 as well as 605,00 as well as 605,00 as well as 150,000 as well as 1,225,50,000 as well as 1,225,50,000 as to the seller’s obligation of KRW 5,474,373,00 as to the balance of the sale, and within one month from the date of the conclusion of the sale and purchase contract.

(4) A purchaser shall take over 325,00,000 won as a debt under a contract for interior repair works and for internal repair works for a general household (65 households) from among the N Trading households currently borne by the seller.

(5) A down payment and a refund for termination of a contract under a contract for pre-sale of a seller shall be 541,573.