GPNL LIMITED

LLOYDS TSB BANK PLC

MORTGAGE DEED

Lloyds Tsb Bank PLC

F/H property k/a former southwest water depot long road paignton t/no DN523329 together with all buildings & fixtures (including trade fixtures). Fixed plant & machinery by way of fixed charge, all present & future book & other debts, floating charge over all moveable plant machinery, implements, utensils, furniture & equipment by way of assignment. The goodwill of the business (if any), the full benefit of all licences & guarantees.

LLOYDS TSB BANK PLC

DEBENTURE

Lloyds Tsb 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.

NATIONAL WESTMINSTER BANK PLC

LEGAL CHARGE