1. The defendant shall make each of the money recorded in the quotation of the attached appraisal result sheet to the plaintiffs and each of them from February 7, 2013.

1. Details of ruling;

(a) Project approval and public notice - Project name: Busan: BB residential environment improvement project; public notice; BC published on September 19, 2007; Defendant:

(b) The Central Land Expropriation Committee’s ruling on expropriation on December 14, 2012 - Land subject to expropriation: each parcel of land and its ground obstacles indicated in the parcel number column of the attached appraisal result sheet located in the Busan Northern-gu, Busan (hereinafter “instant objects subject to expropriation”): The starting date of expropriation: February 6, 2013 - Compensation: The same shall apply to the statement in the column of the amount of compensation for expropriation on the attached appraisal result sheet.

C. The Central Land Tribunal’s ruling on October 24, 2013 - Contents of the ruling: The details of the Plaintiffs’ compensation for losses are as indicated in the column for compensation amount in the attached Table of the appraisal result - An appraisal corporation: an appraisal corporation for a stock company, a dialogue appraisal corporation for a stock company (hereinafter “appraisal for a ruling,” including an appraiser for a expropriation ruling, and the result of the appraisal for the appraisal is referred to as “adjudication appraisal”).

D. The result of the court’s entrustment to the appraiser BE (hereinafter referred to as “court appraiser”) - The result of the court’s entrustment to the appraiser BE (hereinafter referred to as “court appraisal”) - The content of the appraisal is as indicated in the column of the court’s appraisal amount as a result of the attached appraisal.

[Ground of recognition] The fact that there is no dispute, Gap's 1, 3 through 5 (if there are additional numbers, including each number), the result of the appraisal commission to appraiser BE, the purport of the whole pleadings

2. As to the defense prior to the merits

A. On December 7, 2012, the Defendant’s assertion BF granted the right of representation, etc. to the Plaintiffs’ representatives regarding the instant lawsuit, but died on February 10, 2013, and the Plaintiffs’ representatives filed the instant lawsuit including the part in the name of BF on September 18, 2013, but filed the instant lawsuit including the part in the name of BF on September 18, 2013, on August 26, 2014, upon becoming aware of the death, filed an application for correction of the Party’s indication with respect to the indication of BF as the heir of BF on August 26, 2014.

As to this, the defendant shall raise an objection.