The quay & 8 bath lane cottages,fareham hants together with all fixtures.

Floating charge on the (see doc M38). Undertaking and all property and assets present and future including uncalled capital.

A mudhopper called paull holme official no 301658 registered at hull built in 1961.

Single screw sand dredger named steel welder no 186210 registered in london built 1955 (additional security on paull holme not exceeding sterling pounds (15,000).

Description: twin screw dredger single screw motor vessel name: afan paull holme official no. 301658 port of reg. Liverpool hull.

F/H property at upper wharf, quay st fareham tn hp 253123 &/or the proceeds of sale thereof.

64/64TH shares of the motor sand suction dredger "norleader" registered at the port of liverpool under official no. 334218.

A) any moneys which may be payable to the company in accordance with the terms of the deed of covenant made between midland bank PLC and the company. B)(if and when so requested by the guarantor) the vessel k/a :"norleader" registered at the port of liverpool under official no. 334218.

All the company's rights title interest and benefits in and under :- a) the motor sand suction dredger "norleader" registered at the port of liverpool under official no. 334218 b) the freights earnings & insurances of the vessel and any compensation payable in respect of requisition for title or other compulsory acquisition of the vessel.

64/64TH shares of the motor sand suction dredger "norleader" registered at the port of liverpool under official no. 334218.