TRANSMODE LOGISTICS LTD.

Investec Capital Solutions Limited

1. by way of fixed charge ("the fixed charge"): (I) all freehold and leasehold land and buildings of the company both present and future including any land and buildings specified in section 2 of the schedule and all trade fixtures and fittings and all plant and machinery from time to time in or on any such land or buildings; (ii) all intellectual property now owned or at any time hereafter to be owned by the company.

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.

ABN AMRO ASSET BASED FINANCE N.V.

Abn Amro Asset Based Finance N.V.

BARCLAYS BANK PLC

FIXED & FLOATING CHARGE

HSBC INVOICE FINANCE (UK) LIMITED (THE SECURITY HOLDER)

FIXED CHARGE ON NON-VESTING DEBTS AND FLOATING CHARGE