TELCON METALS LIMITED

All goodwill of and uncalled capital for the time being of the company and all other patents, patent applications inventions, trade marks trade names, (please see doc 395 M.7.l/5 10 for full details).

Chattle mortgage over a m w single pass 4- head abrading line.

Chattel mortgage over coil build-up line.

Chattel mortgage over edge shearing line 1.5 tonne capacity.

Chattel mortgage over edwards 1/2 ton induction melting furnace body.

Chattel mortgage over scotvac 8 2.2 induction vacuum furnace.

Chattel mortgage over waterbury farrel 2R 32-4 7/2 " sendzimir cold rolling mill and ancillary.

Chattel mortgage over robertson 305 mm tonr-high reveising cold strip rolling mill no f 8800 and ancillary equipment.

Chattel mortage over loewy robertson sendzimir cold strip rolling mill and ancillary equipment.

Chattel mortgage over continuous annealing furnace.

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

Land to the south of manor royal crawley west sussex t/n wsx 88128.

F/Hold lane at manor royal, crawley, west sussex. Title no. Wsx 88128. together with all buildings, fixtures and fittings thereon.

Land lying to the south of manor royal crawley west sussex t/n wsx 88128.

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.

A specilic equitable charge over the companies f/h & l/h properties and/or the properties and/or the proceeds of sale thereof fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdests and the benefit of any licences a charge by way of legal mortgage over that freehold land and buildings ditvate at manor royal, crawley sussex and known as telcor works, crawley, sussex.

F/H land forming part of the land conveyed by the comveyance dated 16/11/85 made between the comission for new touns. (See doc M105 for details).

F/Hold, land on the south side of manor royal crawley west sussex.

Freehold property known as florido, woolborough lane, northgate, crawley west sussex.

L/H london the south side of manor royal, crawley, west sussex & land on the west side of woolborough lane, clawley, west sussex.

L/H land situated at manor royal, crawley, west sussex.

F/H land - dweeling house mnown as "flonda", woolborough lane, northgate, crawley.

Fixed charge on all book debts & other debts owing to the company floating charge over the undertaking and all property and assets present and future including book debts (excluding those mentioned above) incalled capital.

1. legal mortgage over:- a) f/h land - florida. Woolborough lane, north gate, crawley, sussex. B) l/h- manor royal, crawley, sussex. C( l/h land on s side of manor royal, crowley, sussex. W. side of woolborough lane, crawley sussex. Together with all buildongs, fixtures, fittings, plant and machinery theron. 2) fixed charge on all the book debts of the company - present a future. 3) floading charges on. Undertaking and all property and assets present and future including uncalled capital.

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital a specific equitable charge over all freehold and leabehold properties and/or the proceeds of sale thereof. A charge by legal mortgage over freehold and leasehold land at manor royal, crawley, sussex with all buildings thereon.