PIDDINGTON ENGINEERING LIMITED

ING LEASE (UK) LIMITED

DEED OF LOAN & CHATTEL MORTGAGE

Ing Lease (UK) Limited

2002 hitachi seiki TF20 cnc turning centre, serial no 15377. 2004 bridgeport vmc 610XP maching centre, serial no 723692. 2005 matsuura v plus 800 machining centre, serial no 10422. for details of further chattels mortgaged please refer to form 395. see image for full details.

INDUSTRIAL EQUIPMENT FINANCE LIMITED

CHATTELS MORTGAGE

Industrial Equipment Finance Limited

Equipment as set out on the schedule with form 395. the proceeds of all policies of insurance in respect of the above equipment and the benefit of all options and rights devolving upon the company under any such policy of insurance.