ASITE SOLUTIONS LIMITED

Ashgrove Capital Management LTD. (As Security Agent for the Secured Parties)

N/A.

Ashgrove Capital Management LTD. (As Security Agent and Trustee for the Beneficiaries)

All current and future land (except for any restricted land) and intellectual property (except for any restricted ip) and the specified intellectual property owned by the company, in each case as specified (and defined) in the debenture registered by this form MR01 (the "debenture") and including, amongst others, trademarks numbered 3097520 and 3102901 and domain names including, amongst others, asite.com and adoddle.com. For more details please refer to the debenture.

R20 LIMITED

A FIXED CHARGE

HSBC BANK PLC

DEBENTURE

BARCLAYS BANK PLC

GUARANTEE & DEBENTURE