Toyo Engineering Korea and SERVEONE have signed the joint venture agreement dated on July 20, 2010

and launched LG Toyo Engineering Co., Ltd. on Oct. 01, 2010 based on the shared vision of establishment

of joint venture in Korea for the primary purpose of engaging in the business of conventional engineering

and expanding its business field to the Eco-friendly business in future. _?xml_:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

Under the regulatory law of _?xml_:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Korea, joint stock company “LG Toyo Engineering Co.,Ltd.” was established and

registered from Seoul Central District Court with its main office at Olive tower 15^th floor, Seosomun-dong

Jung-gu, Seoul, Korea.

Meanwhile, Toyo Engineering Korea subscribed thirty percent of all issued and outstanding shares of

the company and the seventy percent of all shares was allocated to SERVEONE.