NETWORK DISTRIBUTING LIMITED

Time Invoice Finance Limited

I) all freehold and leasehold land and buildings of the company both present and future including any land and buildings specified in section 3 of the schedule and all trade fixtures and fittings and all plant and machinery from time to time in or on any such land or buildings; and. Ii) all intellectual property now owned or at any time hereafter to be owned by the company.".

REWARD CAPITAL LIMITED

LLOYDS TSB BANK PLC

DEED OF ADMISSION TO AN OMNIBUS GUARANTEE AND SET-OFF AGREEMENT DATED 17 FEB 1998 AND

LLOYDS TSB BANK PLC

A DEED OF ADMISSION TO AN OMNIBUS GUARANTEE AND SET OFF AGREEMENT DATED 17 FEBRUARY 1998

LLOYDS TSB BANK PLC

DEPOSIT AGREEMENT TO SECURE OWN LIABILITIES

LLOYDS BANK PLC

SINGLE DEBENTURE

BARCLAYS BANK PLC

FIXED CHARGE SUPPLEMENTAL TO A DEBENTURE DATED 19TH JUNE 1987 ISSUED BY THE COMPANY

BARCLAYS BANK PLC

DEBENTURE

H & H FACTORS LIMITED

CHARGE

WILLIAMS & GLYN'S BANK PLC

DEBENTURE