HI-WIRE LIMITED

SOCIETE GENERALE, LONDON BRANCH

BANKERS TRUST COMPANY

SECURITY AGREEMENT BETWEEN THE COMPANY, ESSEX GROUP INC., ESSEX TEMPLE ELECTRICAL COMPANY LIMITED AND BANKERS TRUST COMPANY (THE "COLLATERAL AGENT"))

HSBC INVOICE FINANCE (UK) LTD

FIXED CHARGE ON PURCHASED DEBTS WHICH FAIL TO VEST