ROTOM PALLETS LTD

Cooperatieve Rabobank U.A. (As Security Agent for the Beneficiaries)

All current and future material land and intellectual property, in each case as specified (and defined) in the debenture registered by this form MR01 (the "debenture") (except to the extent that such material land and intellectual property is excluded by clause 3.5 (excluded assets) of the debenture). For more details, please refer to the debenture.

LLOYDS TSB BANK PLC

MEMORANDUM OF PLEDGE AND HYPOTHECATION OF GOODS

LLOYDS TSB BANK PLC

MORTGAGE

LLOYDS TSB BANK PLC

DEPOSIT AGREEMENT TO SECURE OWN LIABILITIES

LLOYDS TSB BANK PLC

DEBENTURE

LLOYDS TSB BANK PLC

DEPOSIT AGREEMENT TO SECURE OWN LIABILITIES

LLOYDS TSB COMMERCIAL FINANCE LIMITED

ALL ASSETS DEBENTURE