BOWSHERS' ELECTRICAL SERVICES LIMITED

NATIONAL WESTMINSTER BANK PLC

MORTGAGE DEBENTURE

National Westminster Bank PLC

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. Floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.

NATIONAL WESTMINSTER BANK LTD

LEGAL MORTGAGE