PARMLEY TECHNOLOGIES LIMITED

BANK OF SCOTLAND PLC

DEBENTURE

Bank of Scotland PLC

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

BANK OF SCOTLAND PLC

LEGAL CHARGE

Bank of Scotland PLC

Units 1 & 2 neptune court orion business park north tyneside. Fixed charge all buildings and other structures fixed to the property fixed charge any goodwill relating to the property fixed charge all plant machinery and other items affixed to the property assignment of the rental sums together with the benefit of all rights and remedies fixed charge the proceeds of any claim made under insurance policy relating to the property floating charge all unattached plant machinery chattels and goods on or in or used in connection with the property or the business or undertaking at the property.

LLOYDS TSB BANK PLC

DEBENTURE DEED