<html><head><meta name="GENERATOR" content="TAGFREE Active Designer"><meta http-equiv="Content-Type" content="text/html; charset=utf-8"><title></title></head><body><p style="line-height: 1.5; font-family: gulim; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><span style="color: rgb(128, 128, 128); font-family: 돋움;">Hyundai E&C obtained a 133.67-billion-won deal on June 5 to construct a multipurpose facility in Yeongjongdo Island as the island development plan is on the way in earnest.</span></p><p style="line-height: 1.5; font-family: gulim; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><br><span style="color: rgb(128, 128, 128); font-family: 돋움;">In May, Hyundai E&C had received an order for a project to complete the construction of a second passenger terminal and build other facilities at the Incheon International Airport.</span></p><p style="line-height: 1.5; font-family: gulim; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><br><span style="color: rgb(128, 128, 128); font-family: 돋움;">The Yeongjongdo multipurpose facility project includes the construction of a business hotel with 418 rooms, a residence hotel with 349 rooms, a studio apartment building with 344 rooms and commercial shops in the 94,916.91-square-meter area. With respect to designing, the curtain wall method with a higher degree of transparency is applied to provide a soft touch to the overwhelming architecture.</span></p><p style="line-height: 1.5; font-family: gulim; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><br><span style="color: rgb(128, 128, 128); font-family: 돋움;">The openness of the ground level is increased to ensure it can play a role of a community space.</span></p><p style="line-height: 1.5; font-family: gulim; font-size: 9pt; margin-top: 0pt; margin-bottom: 0pt;"><br><span style="color: rgb(128, 128, 128); font-family: 돋움;">The construction is slated to be completed in August 2017.</span></p></body></html>
