STOREFREIGHT LTD.

DEUTSCHE BANK AG, LONDON, ON BEHALF OF ITSELF AND THE FINANCE PARTIES

A COMPOSITE GUARANTEE AND DEBENTURE BETWEEN AMONGST OTHERS, THE COMPANY AND DEUTSCHE BANK AG LONDON AS SECURITY AGENT (AS DEFINED) (AS SUPPLEMENTED AND AMENDED BY THE FIRST SUPPLEMENTAL DEED DATED (AS DEFINED) 16 MARCH 2001)

THE ROYAL BANK OF SCOTLAND PLC

DEBENTURE

TEES AND HARTLEPOOL PORT AUTHORITY.

DEBENTURE DEED