Opposition Democratic United Party's Presidential Candidate Moon Jae-in, wearing glasses, is surrounded by supporters during his presidential election campaign in Seoul, South Korea, Tuesday, Dec. 18, 2012. South Korea's presidential election is scheduled for Dec. 19. (AP Photo/Ahn Young-joon)

Seoul - Liberal candidate Moon Jae-In conceded victory Wednesday in South Korea's presidential election to conservative Park Geun-Hye, saying he “humbly” accepted the decision of the voters.

“Everyone did their best but I lacked the ability,” Moon told reporters outside his Seoul residence. “I humbly accept the outcome of the election.” - Sapa-AFP