1. The Defendant shall pay to the Plaintiff KRW 21,838,00 and interest rate of KRW 15% per annum from January 7, 2016 to the day of complete payment.

1. Circumstances and results of appraisal of the ruling;

(a) Business authorization and public notice - Urban Planning Facility Project Approval and Public Notice - (B C-Project Promotion Corporation; hereinafter referred to as “instant project”) - Project - Project Operator announced in Gwangju on January 17, 2012: Defendant

B. The Plaintiff’s partial incorporation of land owned by the Plaintiff, etc. - Some of the “1,065 square meters” owned by the Plaintiff (hereinafter “ incorporated land”) was incorporated into the instant project area through lot number division, and E remains 1,220 square meters prior to the instant project area (hereinafter “instant remaining land”). The detailed lot number division and transfer details are as follows.

After the incorporation into the existing parcel number (after division), the area of the non-high-rise lot number (land size) size (land size) in the remaining land (land size) shall be 11,065 F 7,065 D 75,263 E 1,220 G 214 H 1,542 I71 in the remaining land of this case

C. The Gyeonggi-do Local Land Tribunal’s ruling of expropriation on March 23, 2015 (hereinafter “instant adjudication of expropriation”) - The Plaintiff’s claim for compensation for losses due to the decline in the value of the remaining land: Dismissal.

D. The Central Land Tribunal’s ruling on objection on November 19, 2015 (hereinafter “instant ruling”) - The Plaintiff’s objection against the instant ruling on expropriation: Dismissal of the said ruling

E. The court’s entrustment of appraisal to the appraiser J (hereinafter “J”) of this case (hereinafter “court appraiser”) - Contents of appraisal: KRW 21,838,000 for the value decline of the remaining land of this case (=33,58,000 for the remaining land of this case prior to the time of incorporation - KRW 435,400 for the applicable unit price x 1,220 square meters x 41,750,000 for the remaining land of this case after the time of incorporation (applicable unit price x 337,500 square meters x 1,220 square meters x 1,20 square meters) / [Grounds for recognition]] without any dispute / [Article 1,22,3,4,6, and 4,50 square meters for each of the items of appraisal of the remaining land of this case, each of the items of appraisal of the court, the result of appraisal of each of the appraisal of the court, the purport of the entire oral argument as a whole.

2. The assertion and judgment

A. The shape of the remaining land of this case, which constituted a group of land incorporated with the land incorporated due to the Plaintiff’s assertion.