INTELLIGENT RETURNS LIMITED

Abn Amro Bank N.V.

See clause 3.2 of the debenture, which creates a legal mortgage over all the land (as defined in the debenture) now owned by the company.. See clause 3.4 of the debenture, which creates a fixed charge over the rights which the company now has and all of the rights which it obtains at any time in the future in the land and the intellectual property (as defined in the debenture) except to the extent they are assigned under clause 3.3.