COAL INVESTMENTS PLC: Mortgages

All the company's right title and interest and benefit in all monies (including all the debts respectively represented by all other sums) which are from time to time standing to the credit of the assignor on account number 13542265 with national westminster bank croydon.in any currency and whether in addition to or by way of renewal of or replacement for any sum previously deposited in the account by the assignor or ortherwise together with interest accruing from time to time in respect thereof.

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.

The pledged securities being:- 8,519,880 fully paid "a" ordinary shares of 50P each in the capital of mining (scotland) limited and all other securities of every kind and all monies and assets at any time accruing in respect of the said shares or securities, the company has in security assigned to the agent its whole right title and interest and benefit in and to the pledged securities. See the mortgage charge document for full details.

The sum of £440,000 together with interest held by the bank on an account numbered 50536680 and designated by reference to the company.

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

Floating charge over. Undertaking and all property and assets.

All sums of money paid by the chargor to the bank pursuant to the deposit contract. Deposit account no. 66606899.

All right title and interest in the deposit of £150,000 deposited in the security account. See the mortgage charge document for full details.

The for issued share capital of main bar.

All f/h & l/h property set out in the schedule fixed charge over all movable plant machinery implements utensils furniture and equipment for schedule details see form 395/7/270C.

(1) all the issued shore capital of mainband colliery company limited nailey 230 ordinary shares of £1 each (2) the benefit of the loan in the sum of £3..4 million made by geevor PLC to mainbank colliery company limited.

The company instructed snc to part certain amounts due from snc to the company under the placing agreement see form 395REF M8 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 companys exprecred to pledge and grant to the bank a security interest in all of the shores of common stock of geevor inc and the proceeds thereof together with all rights benefits & advantage appertaining thereto and accuring in respect thereof.

(See form 395 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.

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.