FLYTEC SYSTEMS LIMITED

HSBC INVOICE FINANCE (UK) LTD

FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST

Hsbc Invoice Finance (UK) LTD

By way of fixed equitable charge all debts purchased or purported to be purchased by the security holder pursuant to an agreement for the purchase of debts between the security holder and the company (including associated rights relating thereto) which fail to vest effectively or absolutely in the security holder for any reason.

HSBC BANK PLC

DEBENTURE

Hsbc Bank PLC

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.