1. The Defendant’s KRW 1,731,852,550 for the Plaintiff and KRW 5% per annum from September 24, 2013 to March 22, 2016.

1. Details of ruling;

(a) Business approval and public notice - A project approval and public notice - A project for the development of a Bogeumjari housing zone (five (5) - A project for the housing project (5) on December 3, 2009, No. 2009-1139, and April 27, 2010, publicly notified by the Ministry of Land, Transport and Maritime Affairs on April 27, 2010 - A project operator: Defendant;

(b) The Central Land Tribunal’s ruling on expropriation on August 22, 2013 - Attached Form owned by the Plaintiff

1. Each of the lands described below shall be "each of the lands in this case" and each of the lands shall be in annexed Form

1. The term “instant 1 land” and “instant 2 land, etc.” as the sequence indicated in the table.

- From the commencement date of expropriation: 35,592,443,800 won for each of the land in this case - An appraisal corporation: a uniform appraisal corporation and a single appraisal corporation;

C. The Central Land Tribunal’s ruling on an objection made on July 17, 2014 - Compensation for losses: The land of this case 39,762,267,050 won: The central appraisal corporation and the Pacific appraisal corporation (hereinafter “adjudication appraiser”) (hereinafter “adjudication appraiser”) / The fact that there is no dispute over the results of the appraisal / [based on recognition], Gap’s evidence 1, 2, Eul’s evidence 1, 2-1, 2-1, and 2-1, 2-1, and the purport of the entire pleadings, as a whole.

2. Determination

A. Fact-finding 1) Each of the instant lands is located at the rooftop-dong, Seocheon-si, and surrounding areas are farmland and forests located within a small and medium-sized factory, warehouse, open storage, and a development-restricted zone.

B) Each of the instant lands is an irregular land used as a storage yard for industrial warehouse, raw materials, products, etc., and annexed land. C) The instant land can be accessible to sub-astronomical downtowns through coefficients and gambling roads, and accessibility to traffic facilities, such as the distances and accessibility to the Seoul outside Highway, National Highway 46 line, and subway 1 line, is common.

2. As a result of appraisal on each land of this case, a ruling appraiser and an appraiser entrusted with appraisal by this Court.