Charges

Security interests and charges registered against the company

0 Outstanding 4 Satisfied

Satisfied Charges

Mortgage debenture #1

Fully Satisfied

Created On: 9 Oct 1990

Satisfied On: 12 Sept 1992

Persons Entitled:

National Westminster Bank Plc

Particulars:

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

Debenture #2

Fully Satisfied

Created On: 18 Jan 1991

Satisfied On: 31 Dec 1994

Persons Entitled:

Prelude Technology Ii Limited As General Partner Of Prelude Technology Fundii

Particulars:

(See form 395 for full details). Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

Debenture #3

Fully Satisfied

Created On: 18 Jun 1991

Satisfied On: 10 Jan 1995

Persons Entitled:

Prelude Technology Ii Limitedas General Partner Of Prelude Techology Fund Iiand As Trustee For The Stockholders (as Definedin The Debenture)

Particulars:

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtrues fixed plant and machinery. (Please see form 395 for full details).

Memorandum of deposit #4

Fully Satisfied

Created On: 15 Jan 1996

Satisfied On: 19 Oct 2000

Persons Entitled:

Dr Bruce Roser

Particulars:

£100,000 british telecom PLC zero rated coupon bond 15/2/2000 dated 15/9/95 (the bond) together with all other securities and all rights monies and properties whatsoever.