KARTER ESTATES LTD

Folk Nominee Limited as Security Trustee

By way of first legal mortgage all land now owned by the company; by way of first fixed equitable charge all land which the company acquires in the future; by way of separate first fixed charges: all the goodwill and uncalled capital of the company, present or future; the securities; the insurances; the intellectual property; the debts; the rents; the asset contracts; the other claims; the fixed plant and equipment; and the loose plant and equipment; by way of a first floating charge all those assets not charged; by way of the fixed charge or mortgage.

Folk Nominee Limited as Security Trustee

Freehold land and buildings being wessex house, 25-31 london street, reading RG1 4PS registered at the land registry with title number BK106728.