Lease agreement no. 88011 dated 26/5/88.

All monies due or to become due from the company to the chargee under the terms of a lease agreement, contract no 88011 dated 26/5/88

All right,title and interest in the "charged account" no 24423327 at nat west bank PLC (see doc M122 for full details).

All monies due or to become due from landhurst leasing PLC to the chargee under the terms of the "agreement dated 26/7/90 and this charge

First priority security interest in the collateral see image for full details.

All monies due or to become due from the trustees (or either of them) to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

The shares, the derivative assets and all rights accruing or incidental to the shares and/or the derivative assets from time to time (each defined term as defined in the charging document).

The shares, the derivative assets and all rights accruing or incidental to the shares and/or the derivative assets from time to time (each defined term as defined in the charging document).

The chargor as legal and beneficial owner assigns all of its present and future right in, title and interest in, to and under the collateral to the bank with effect from the date of this deed.. Collateral means all rights, title, benefits and interest of the chargor to all present and future debts, sums, liabilities or obligations from time to time due, owing or incurred by the borrower to the chargor pursuant to the intercompany loan arrangements.. For more information, please refer to the charging instrument.