J & S TECHNICAL SERVICES LIMITED

HSBC BANK PLC

LEGAL ASSIGNMENT OF CONTRACT MONIES

HSBC BANK PLC

DEBENTURE

HSBC INVOICE FINANCE (UK) LIMITED

FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE

Hsbc Invoice Finance (UK) Limited

By way of first fixed charge all debts purportedly assigned pursuant to the debt purchase agreement , all associated rights, all export debts, the excluded proceeds; by way of first floating charge all of the company's present and future assets and undertaking see image for full details.

LLOYDS BANK PLC

SINGLE DEBENTURE

BELANTRA SHIPPING COMPANY LIMITED

FIXED AND FLOATING CHARGE