SMOOTHWALL LIMITED

Ashgrove Capital Management LTD. (As Security Agent and Trustee for the Beneficiaries)

All current and future land (except for any restricted land) and intellectual property (except for any restricted ip) and the specified intellectual property owned by the company, in each case as specified (and defined) in the debenture registered by this form MR01 (the "debenture") and including, amongst others, trademarks numbered UK00003328690 and UK00003365742. For more details please refer to the debenture.

Ashgrove Capital Management LTD (As Security Agent for the Secured Parties)

N/A.

Ashgrove Capital Management LTD. as Security Agent and Trustee for the Beneficiaries.

All current and future land (except for any restricted land) and intellectual property (except for any restricted ip) and the specified intellectual property owned by the company, in each case as specified (and defined) in the debenture registered by this form MR01 (the "debenture") and including, amongst others, trademarks numbered UK00003328690 and UK00003365742. For more details please refer to the debenture.

HSBC BANK PLC

DEBENTURE

Hsbc Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.