1. The Defendant’s KRW 36,861,650 as well as 5% per annum from February 11, 2015 to February 9, 2017 to the Plaintiff.

1. Details, etc. of ruling;

(a) Authorization and public notice of project approval - Railroad construction projects (Slsan-Posting steel projects (7 vehicles in Ulsan-Posting iron projects) - Public notice of a project implementation plan: Defendant: No. 2009-197, Mar. 8, 2011 public notice of the Ministry of Land, Transport and Maritime Affairs No. 2011-67, Aug. 1, 2014; No. 2014-460, Aug. 1, 2014;

B. The Central Land Tribunal’s ruling on expropriation by December 18, 2014 - Land subject to the adjudication on expropriation by December 14, 2014 - Land listed in separate sheet Nos. 1 through 14 (hereinafter “instant land”) and its obstacles (hereinafter “instant obstacles”): 1,916,465,450 won on February 10, 2015 - Compensation: (i) 1,447,354,50 won on the instant land; (ii) 469,10,950 won on the instant land; (iii) the Plaintiff filed a claim for expropriation of the remaining land on each land listed in separate sheet Nos. 15 through 17 (hereinafter “the instant remaining land”), but the area of the remaining land of this case was wide, and it was clearly difficult to determine that the Defendant is likely to use the land for the permanent purpose of establishing a factory site on the port side.

C. The Central Land Tribunal rendered an objection on May 21, 2015 (hereinafter “Objection”) - Compensation for losses: Total amount of KRW 1,949,670,450 (i.e., KRW 1,476,622,850 of the land in this case ② The Plaintiff demanded the expropriation of the remaining land in this case; however, the area of the remaining land in this case is wide, and the Defendant is expected to establish a passage permanently accessible to the lower part of the teaching sense, and thus, it is not clearly difficult to use it as a factory site for the previous purpose.

- An appraisal corporation: Each description, pleading, or pleading of a dialogue appraisal corporation, a third appraisal corporation (based on recognition), a non-contentious fact, Gap evidence 1 through 4, and Eul evidence 2 (including a variety number; hereinafter the same shall apply).