All rights title and interest in the sum of £1,484,280 deposited by the company in account no. 10004629 in the name of the company with national westminster bank PLC.

£50,000,000 10.42% first mortgage debenture stock due 2034 of the company ("the existing stock") and all (if any) further first mortgage debenture stock which may be created and issued by the company (together with the existing stock,the "stock") pursuant to,and all other monies intended to be secured by,the trust deeds 9WHETHER or not subsisting or enterted into in the future) constituting and securing the stock