1. The Defendant’s KRW 27,800,000 as well as 5% per annum from October 1, 2012 to July 25, 2014 to the Plaintiff.

In full view of the purport of the argument in Gap evidence No. 1, the defendant, on April 3, 2012, issued and delivered to the plaintiff at par value 27,80,000, and on September 30, 2012, at the place of payment, a promissory note in Seoul. The plaintiff filed a promissory note at the place of payment on the above payment date, but the defendant's refusal to do so can be acknowledged. Thus, the defendant, as the issuer of the above promissory note, is liable to pay damages for delay calculated at the rate of 5% per annum for the plaintiff within the scope of the legal interest stipulated by the Bills of Exchange and Promissory Notes Act from October 1, 2012 to July 25, 2014, which is the date following the payment date, to the plaintiff as the addressee, and 20% per annum as stipulated by the Act on Special Cases Concerning the Promotion of Legal Proceedings, etc.

If so, the plaintiff's claim is reasonable and acceptable.