SECURE OPTICAL NETWORK COMMUNICATIONS LIMITED

ABN AMRO ASSET BASED FINANCE N.V.

Abn Amro Asset Based Finance N.V.

The instrument contains charges (not expressed to be floating charges) over all rights in any land and intellectual property but no land or intellectual property is specified. See the instrument for more details.

HSBC BANK PLC

DEBENTURE

VENTURE FINANCE PLC TRADING AS VENTURE FACTORS

STANDARD SECURITY

Venture Finance PLC Trading as Venture Factors

All assets debenture - all monies. 1. by way of legal mortgage all freehold and leasehold property vested in the company at the date of the debenture including that specified in schedule 2 to the debenture together with all buildings, structures, fixtures and fittings ( including trade and tenant's fixtures) now or hereafter thereon ("the legally mortgaged property").