By way of legal mortgage the securities specified as being 21,666,877 'a' ordinary shares of 25 pence each in the capital of alfred mcalpine developments limited see relevant form 395 for full details.

The legal charge dated 11 june 1990 registered on 6 july 1990 as entry 10 in the charges register of t/n NN85407 together with all assignment of all monies realised by alfred mcalpine PLC from any enforcement of the principal charge.