TARGET EXPRESS LIMITED

GE CORPORATE FINANCE BANK SAS, LONDON BRANCH

SECURITY AGREEMENT

MIZUHO CORPORATE BANK LTD., AS AGENT AND TRUSTEE FOR ITSELF AND EACH OF THE LENDERS

DEBENTURE BETWEEN TARGET EXPRESS HOLDINGS LIMITED, TARGET EXPRESS LIMITED, TARGET EXPRESS PARCELS LIMITED, TARGET INTERNATIONAL LOGISTICS LIMITED AND MIZUHO CORPORATE BANK LTD., AS SECURITY AGENT FOR ITSELF AND EACH OF THE SECURED PARTIES

THE FUJI BANK,LIMITED

DEBENTURE BETWEEN TARGET EXPRESS HOLDINGS LIMITED, TARGET EXPRESS LIMITED, TARGET EXPRESS PARCELS LIMITED, TARGET INTERNATIONAL LOGISTICS LIMITED (AND EACH COMPANY WHICH BECOMES A PARTY TO THE DEBENTURE BY EXECUTING A DEED OF ACCESSION) AND THE FUJI BANK,LIMITED AS AGENT AND TRUSTEE FOR ITSELF AND EACH OF THE LENDERS

THE FUJI BANK LIMITED

DEBENTURE BETWEEN TARGET INTERNATIONAL LOGISTICS LIMITED, TARGET EXPRESS PARCELS LIMITED AND BROOMCO (1437) LIMITED (TOGETHER THE CHARGORS) AND THE FUJI BANK LIMITED AS AGENT AND TRUSTEE FOR ITSELF AND EACH OF THE LENDERS (AS DEFINED) (THE SECURITY AGENT)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

CHARGE ON CASH COLLATERAL DEPOSIT