ITALIC MANAGED SOLUTIONS LIMITED

Hsbc Corporate Trustee Company (UK) Limited as Security Agent

As more particularly described in clause 3 of the debenture, a debenture creating fixed and floating charges over all the assets and undertakings (present and future) of italic managed solutions limited.

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.