SELECTRONIC LIMITED

Hsbc Bank PLC

Any credit balance due under the contract (the contract monies).

Created 8 Feb 2012

Hsbc Invoice Finance (UK) LTD ("the Security Holder")

Fixed equitable charge all debts purchased or purported to be purchased by the security holder pursuant to an agreement for the purchase of debts between the security holder & the company including the associated rights relating thereto, which fail to vest effectively or absolutely in the security holder for any reason.

Created 26 Jan 2012

Hsbc Invoice Finance (UK) LTD ("the Security Holder")

By way of floating charge all the undertaking of the company and all assets whatsoever and wheresoever including stock in trade and uncalled capital but excluding any debts and associated rights relating thereto.

Created 26 Jan 2012

The Holders from Time to Time of the Series of £788,000 Nominal Secured Loan Notes 2013

All. Undertaking and all property and assets.

Created 1 Apr 2003

Midland Bank PLC

Fixed and floating charges over the undertaking and all property and assets present and future including uncalled capital goodwill bookdebts and patents.

Created 18 Mar 1994

Standard Chartered Bank

Including trade fixtures. 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.

Created 28 Oct 1986

The Hongkong and Shanghai Banking Corporation

Fixed & floating charge over the undertaking and all property and assets present and future including goodwill book debts & uncalled capital.

Created 19 Apr 1982

Contelec Supplies (Wolverhampton) Limited.

Floating charge over the. Undertaking and all property and assets present and future including uncalled capital.

Created 19 Jan 1980