Seoul, South Korea CNN —

South Korean opposition leader Lee Jae-myung is projected to be the new president following a snap election on Tuesday, according to an exit poll by Korean broadcasters, in a vote held exactly six months after the country’s previous leader declared martial law and plunged the nation into chaos.

The joint exit poll from KBS, MBC and SBS projects that Lee, 60, of the liberal Democratic Party, will win 51.7% of the vote. His main rival, Kim Moon-soo of the ruling conservative People Power Party, is projected to win 39.3% of the vote.

Official results are yet to be announced, but in previous elections the exit polling was closely in line with the final tally.

This election was closely watched and may now offer South Koreans some semblance of political stab

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