PRECIMAX LIMITED

All right title and interest inand to the monies from time to time credited to the account see image for full details.

Unit 16, edinburgh way, leafield industrial estate, corsham, wiltshire.

Assigns all of its right title and interest in the non vesting assets being brother TC324N cnc vertical twin pallet milling machine s/no 111382 hitachi seiki HT23R cnc lathe s/no HT20078E19238 emcoturn 342 cnc lathe s/no R3R J9 0029379 for details of further assets charged please refer to form 395 see image for full details.

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.

The property, the proceeds, the products, 1 x 1991 mazak QT28 cnc lathe-serial number N97719D, 1 x 1997 emco turn cnc lathe serial number R3S V03 BA1. See the mortgage charge document for full details.

Unit 16 edinburgh way leafield ind estate corsham wiltshire.

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.

1990 emco 242T turning centre s/no.R3WC7C87007, 1990 emco 342T turning centre s/no.R311E2E50015, 1990 cincinatti sabre 750 lathe s/no.7029-A02-89-0224, 1994 haas 750 mill s/no.2540 & 1996 brother TC324 nqt tapping centre s/no.111382. See the mortgage charge document for full details.

All book and other debts present and future as are not sold to and bought by the chargee under an agreement dated 4RD march 1999. see the mortgage charge document for full details.

1-1990 cincinatti sabre 750 lathe-serial number 7029-A02-89-0224,1-1990 emco 242T turning centre-serial number R3WC7C8007,1-1991 emco 34T turning centre-serial number R311E2E50015 and the proceeds of all policies of insurance now or in the future taken out by the company in respect of the above equipment and the benefit of all options and rights devolving upon the company under any such policy of insurance.

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.