INNOVATE HOLDINGS LIMITED

Abn Amro Bank N.V., London Branch (Facility Agent)

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.

Created 31 Jul 2007

Glitnir Banki Hf as Agent and Trustee for the Finance Parties (The Agent)

All the shares all related rights. See the mortgage charge document for full details.

Created 29 Sep 2006

Sailesh Premchand Shah, Jayantilal Meghji Shah, Al-Hazen Hamid and John Maurice Brennan as Thetrustees of the Sherwood Park Innovate Ez Property Syndicate (The Trustees)

All its right and interest in an account known as the innovate holdings limited account with the governor and company of the bank of scotland of the mound edinburgh account no 06 04 03 01 and such other sums as shall constitute the rent.

Created 23 Feb 2004

Sailesh Premchand Shah, Jayantilal Meghji Shah, Al-Hazen Hamid and John Maurice Brennan as Thetrustees of the Sherwood Park Innovate Ez Property Syndicate (The Trustees)

All its right and interest in an account known as the innovate holdings limited account with the governor and company of the bank of scotland of the mound edinburgh account no 06 04 03 52 and such other sums as shall constitute the rent.

Created 23 Feb 2004

Sailesh Premchand Shah, Jayantilal Meghji Shah, Al-Hazen Hamid and John Maurice Brennan as Thetrustees of the Sherwood Park Innovate Ez Property Syndicate (The Trustees)

All its right and interest in an account known as the innovate holdings limited account with the governor and company of the bank of scotland of the mound edinburgh account no 06 04 03 36 and such other sums as shall constitute the rent.

Created 23 Feb 2004

Barclays Bank PLC

The goods being dexion racking system, refrigerated cold store plant comprising three sabroe ns PAC 163HFE-c-twin/R717 compressor units, pressurisation & expansion unit for further details of the goods charged please refer to the form 395 together with all accessories and component parts and all improvements and renewals thereof togther also with books manuals handbooks technical data drawings schedules and other documentation (or any amendments to them). See the mortgage charge document for full details.

Created 28 Nov 2003

Robert John Hugo Randall and David John George Royds as the Trustees of the Scunthorpe No 4SYNDICATE Trust

By way of fixed charge the company charges and assigns all its rights to and interests in the assigned assets and the account by way of floating charge all the remaining assets property and undertaking whatsoever and wheresoever both present and future including the goodwill and uncalled capital. See the mortgage charge document for full details.

Created 27 Mar 2002

Robert John Hugo Randall and David John George Royds as the Trustees of the Scunthorpe No 4SYNDICATE Trust

By way of fixed charge the company charges and assigns all its rights to and interest in the assigned assets and the account by way of floating charge all the remaining assets property and undertaking whatsoever and wheresoever both present and future including all the goodwill and uncalled capital. See the mortgage charge document for full details.

Created 27 Mar 2002

Pipe & Rail Limited

By way of a fixed charge all its rights to and interest in the deposit account and in the deposit monies.

Created 26 Mar 2002

Pipe & Rail Limited

By way of fixed charge all its rights to and interests in the deposit account and in the deposit monies.

Created 26 Mar 2002

Robert John Hugo Randall and David John George Royds as the Trustees of the Matrix Viking No.1SYNDICATE Trust

The company charges and assigns all its rights to and interest in the assigned assets and the account by way of fixed charge by way of floating charge all the remaining assets property and undertaking of the company whatsoever and wheresoever. See the mortgage charge document for full details.

Created 27 Feb 2002

Yorkshire Bank PLC

All the company's right title benefit and interest in all amounts standing to the credit of the money market account numbered 4470-098227-400 with yorkshire bank PLC 20 merrion way leeds named insulated structures limited and any other account or accounts with yorkshire bank under this deed.

Created 9 Feb 2001

National Westminster Bank PLC

The sum of £620,000 together with interest accrued now or to be held by national westminster bank PLC on an account numbered 10012486 and earmarked or designated by reference to the company.

Created 2 Feb 1999

David Anthony Martin, Anthony Guy Zitter and Steve Mann (As Security Agents and Trustees)

All the company's right title and interest in and to the charged property being the chargors participating share under the trust deed and all other rights thereof (the trust deed dated 18TH december 1998). see the mortgage charge document for full details.

Created 18 Dec 1998

Royscot Spa Leasing Limited, Royscot Industrial Leasing Limited, Royscot Leasing Limited, Royscot Trust PLC, Royscot Commercial Leasing Limited

18 x 102T glw converted railway wagons for carrying steel coil undercover wagon numbers CAIB3063 to caib 3080 inclusive and the benefit of all policies insurance warranties guarantees and other contracts. See the mortgage charge document for full details.

Created 30 Sep 1998

National Westminster Bank PLC

The sum of £370,000 together with interest accrued now or to be held by national westmister bank PLC on an account numbered 10012486 and earmarked or designated by reference to the company.

Created 18 May 1998

John Edward Anthony Rawicz-Szczerbo(Security Agent & Trustee), Geoffrey Schofield(Security Agent & Trustee)

The company's participating share under the trust deed together with all the company's rights under the trust deed.

Created 24 Nov 1997

The Governor and Company of the Bank of Scotland

1.The deposit rights;and 2.all the borrower's rights,benefit and interest in and under each of the assigned agreements,including all rights to receive moneys thereunder and all rights to sue or take other action thereunder.. See the mortgage charge document for full details.

Created 24 Nov 1997

The Governor and Company of the Bank of Scotland

The l/h property k/a site 3,holmewood industrial park,holmewood,chesterfield,derbyshire including any part of it and also any fixed machinery,buildings or other erections and the fixtures and fittings now or at any time at the property.. See the mortgage charge document for full details.

Created 24 Nov 1997

National Westminster Bank PLC

The sum of £250,000 together with interest accrued now or to be held by the bank on an account numbered 8384355.

Created 10 Nov 1997

Sun Alliance Trust Company (Jersey) Limited

All rights to and interest in the deposit account and the deposit monies in account number 00183834 with the royal bank of scotland PLC known as the "TCS1/R3 plant works deposit account" for £855,000.

Created 4 Apr 1997

Sun Alliance Trust Company (Jersey) Limited

All the monies deposited being £382,000 in account designated "matrix scunthorpe R3 rent account" with the royal bank of scotland PLC.

Created 4 Apr 1997

Pipe & Rail Limited

All the contractor's right title and interest in the deposit account, such account numbered 00183826 known as the "tcs 1/R3 construction cost deposit account" held with the royal bank of scotland PLC of 7 burlington gardens london W1A 3DD containing the deposit monies which means the sum of £3,818,000 or such other sum as provided by a purchase and development agreement to be entered into between pipe & rail limited (1) sun alliance trust company (jersey) limited (2) insulated structures limited (3) and matrix securities limited (4) being the amount now standing to the credit of the deposit account.

Created 27 Mar 1997

Pipe & Rail Limited

The deposit account numbered 00183850 & k/a TCS6 construction deposit account held with the royal bank of scotland PLC.

Created 27 Mar 1997

Sun Alliance Trust Company (Jersey) Limited ("the Trustee")

All the tenant's rights to and interest in the deposit account being number 00179535 held with the royal bank of scotland PLC of 7 burlington gardens london W1A 3DD containing the deposit monies and known as "R1 plant works deposit account".. See the mortgage charge document for full details.

Created 20 Feb 1997