VIVID CREATIVE LIMITED

National Westminster Bank Public Limited Company

THE ROYAL BANK OF SCOTLAND COMMERCIAL SERVICES LIMITED

FIXED AND FLOATING CHARGE

The Royal Bank of Scotland Commercial Services Limited

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery. See the mortgage charge document for full details.

ASHLEY COMMERCIAL FINANCE LIMITED

DEBENTURE

Ashley Commercial Finance Limited

Fixed charge over any debt (as defined in the factoring agreement and assigned or purported to be assigned to the factor pursuant to the factoring agreement) which fails to vest absolutely and effectively in the factor for any reason and over all other amounts of indebtedness now or at any time hereafter owing or becoming due. Floating charge over the whole of the undertaking and all its property, assets and rights whatsoever and wheresoever, present and future, including its stock in trade and uncalled capital, which are not already charged by way of fixed charge.