OPAL DEVELOPMENTS LIMITED

15 ladybarn road fallowfield manchester t/no la 119122, 25 and 25A ladybarn road fallowfield manchester t/no LA118860, opal court mosley road fallowfield manchester t/no gm 676966 and opal house 11 whitworth street manchester t/no la 373141. fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital fixtures fixed plant and machinery. See the mortgage charge document for full details.

By way of a first legal mortgage all estates or interests of the chargor in any f/h or l/h property including the f/h land on the north side of hope road manchester t/n GM888423, the l/h land on the north east side victoria park manchester t/n LA42406, the f/h land being wyncote hope road victoria park rusholme t/n LA81811 for details of further properties charged please see form 395. 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.

Property namely opal gardens anson road victoria park manchester t/nos: LA69837 GM295335 LA87192 LA96836 LA4206 and LA81811.

The property namely opal house 11 whitworth street manchester t/no: LA373141.

The property namely opal court mosley road manchester t/no: GM676966.

All right title and interest in to and arising in respect of a building agreement dated 10 november 1997 between the company and l brown and sons limited. See the mortgage charge document for full details.

L/H property k/a land on the south side of daisy bank road, victoria road; f/h property k/a land lying to the north of anson road victoria park; t/no:GM295335; l/h property k/a land on the west side of wyncote hope road victoria parkt/no:LA87192 .. see the mortgage charge document for full details.

All that agreement made 15TH january 1997 made between the comany and l brown and sons LTD.

(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.

F/H 11 whitworth street manchester t/no LA373141. See the mortgage charge document for full details.

The benefit of all agreement and all rights title and benefits. See the mortgage charge document for full details.

15 ladybarn road fallowfield t/n-LA119122 and 25/25A ladybarn road, fallowfield t/n-LA1188860 and land and premises in mosely road fallowfield t/n-GM676966. 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.

F/H land k/a 25 & 25A ladybarn road fallowfield manchester t/no la 119122 with fixtures buildings plant & machinery & the goodwill of the business.

F/H land k/a 15 ladybarn road fallowfield manchester t/no LA118860 with buildings & fixtures plant & machinery & the goodwill of the business & the benefit of all licences.

Rental income due at any time in connection with the leases hereinafter mentioned at no. 15 ladybarn rod (please sea form 395 for list of tenants.) no 25 & 25A ladybarn road (please see form 395 for list of tenants).

F/H land k/a 15 ladybarn road fallowfield manchester T.no.la.118860 F/h land k/a 25 & 25A ladybarn road fallowfield manchester T.no. La 119122 together with all fixtures & fittings whatsoever.

All that f/h property in the county of greater manchester in the district of stockport k/a 36 brook street, cheadle title no gm 65146 together with all fixtures & fittings.