SUMMERMIST LIMITED

Societe Generale, London Branch (As Common Security Agent)

All and whole the tenant's interest in the lease granted by jewel hotels trustees I limited and jewel hotels trustees ii limited, as trustees of the jewel hotels unit trust I in favour of the chargor dated on or around the dates of the standard security of the subjects known as the caledonian hotel, achintore road, fort william PH33 6RW the landlord's interest in which is registered in the land register of scotland under title number INV15369.

Societe Generale, London Branch (As Common Security Agent)

All and whole the tenant's interest in the lease granted by jewel hotels trustees I limited and jewel hotels trustees ii limited, as trustees of the jewel hotels unit trust I in favour of the chargor dated on or around the dates of the standard security of the subjects known as pitlochry hydro hotel, knockard road, pitlochry PH16 5JH the landlord's interest in which is registered in the land register of scotland under title number PTH28109.

Societe Generale, London Branch (As Common Security Agent)

All and whole the tenant's interest in the lease granted by jewel hotels trustees I limited and jewel hotels trustees ii limited, as trustees of the jewel hotels unit trust I in favour of the chargor dated on or around the dates of the standard security of the subjects known as highland hotel, strathpeffer and rosslyn lodge and the old post office, strathpeffer IV14 9AN the landlord's interest in which is registered in the land register of scotland under title number ROS6048.

Societe Generale, London Branch (As Common Security Agent)

All and whole the tenant's interest in the lease granted by jewel hotels trustees I limited and jewel hotels trustees ii limited, as trustees of the jewel hotels unit trust I in favour of the chargor dated on or around the dates of the standard security of the subjects known as portpatrick hotel, portpatrick, stranraer DG9 8TQ the landlord's interest in which is registered in the land register of scotland under title number WGN5561.

Societe Generale, London Branch (As Common Security Agent)

All and whole the tenant's interest in the lease granted by jewel hotels trustees I limited and jewel hotels trustees ii limited, as trustees of the jewel hotels unit trust I in favour of the chargor dated on or around the dates of the standard security of the subjects known as great western hotel, corran esplanade, oban PA34 5PP the landlord's interest in which is registered in the land register of scotland under title number ARG11582.