MICROTEL UK LTD

HSBC BANK PLC

LEGAL MORTGAGE

Hsbc Bank PLC

F/H 15 chesterfield street london t/n 445032 with the benefit of all rights, licences, guarantees, rent deposits, contracts, deeds undertakings & warranties relating to the property. Any shares or membership rights in any management company for the property. Any goodwill of any business from time to time carried on at the property. Any rental & other money payable and any lease licence or other interest created in respect of the property & all other payments whatever in respect of the property.

HSBC BANK PLC

DEBENTURE

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.

MERIDIAN PROPERTIES (UK) LIMITED

RENT DEPOSIT DEED