EXOCHEM LIMITED

HSBC INVOICE FINANCE (UK) LTD (“THE SECURITY HOLDER”)

FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE

Hsbc Invoice Finance (UK) LTD (“the Security Holder”)

By way of first fixed charge all debts and all export debts purportedly assigned to the security holder pursuant to the debt purchase agreement. All associated rights relating to any non-vesting domestic debts and non-vesting export debts. By way of first fixed charge the excluded proceeds and by way of first floating charge all present and future assets undertaking and all other property and assets see image for full details.

HSBC BANK PLC

LEGAL ASSIGNMENT

Hsbc Bank PLC

Any credit balance due to the company under condition 13 of the agreement for the purchase of debts between the company and hsbc.

HSBC INVOICE FINANCE (UK) LTD

LEGAL MORTGAGE

Hsbc Invoice Finance (UK) LTD

Freehold property known as unit b braintree road ruislip with the benefit of all rights, licences, guarantees, rent deposits, contracts, deeds undertakings & warranties relating to the property. Any shares or membership rights in any management company for the property. Any goodwill of any business from time to time carried on at the property. Any rental & other money payable and any lease licence or other interest created in respect of the property & all other payments whatever in respect of the property.

HSBC BANK PLC

LEGAL MORTGAGE

HSBC BANK PLC

DEBENTURE

Hsbc Bank PLC

Unit b braintree road industrial estate ruislip t/no@AGL39680 with the benefit of all rights, licences, guarantees, rent deposits, contracts, deeds undertakings & warranties relating to the property. Any shares or membership rights in any management company for the property. Any goodwill of any business from time to time carried on at the property. Any rental & other money payable under any lease licence or other interest created in respect of the property & all other payments whatever in respect of the property.

Hsbc Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image for full details.

FORTIS COMMERCIAL FINANCE LIMITED

DEBENTURE

FORTIS BANK SA-NV

DEBENTURE

THE ROYAL BANK OF SCOTLAND INVOICE DISCOUNTING LIMITED

FIXED AND FLOATING CHARGE

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

FIXED AND FLOATING CHARGE

NATIONAL WESTMINSTER BANK PLC

MORTGAGE DEBENTURE