ENDEAVOUR DIALS TWO LIMITED

Letterone Treasury Services S.A.

The company charges by way of first legal mortgage the mortgaged property (as defined in the instrument), including the freehold property known as land lying on the west side of goswell road, windsor with registered title number to be allocated, the part of BK290702 shown edged red on the plan (as defined in the instrument) appended at schedule 9 of the instrument as transferred by a transfer of part of even date and made between (1) british airways pension trustees limited and (2) endeavour dials two limited . for further information, please see clause 3.2 and schedule 4 of the instrument. The company also charges by way of first fixed charge the intellectual property (as defined in the instrument), although no further detail is specified in the instrument. For further information, please see clause 3.4 of the instrument.