ORIENTAL TOURERS PLC

The mortgagor assigns and charges the term assurance policy issued by norwich union life and pensions limited dated 12 june 2003 and having policy number 2806490 en together with the mortgagor's beneficial interest in it.

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

F/H property k/a ibstock road coventry warwickshire. With the benefit of all rights licences guarantees rent deposits contracts deeds undertakings and warranties relating. To the property any shares or membership rights in any management company for the property any goodwill of any business from time to time carried on at the property any rental and other money payable under any lease licence or other interest created in respect of the property and all other payments whatever in respect of the property.

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.