TURNBRIDGE ENGINEERING CO. LIMITED

1 hitachi seiki hitec-turn 23R super productive turning centre serial no HT20168E,1996 chuck size 255MM bar capacity 65MM seicos l multi cnc control 10 station turret spindle speeds 20-3600RPM with swarf conveyor,3 jaw chuck coolant tank and toolsetter,1 hitachi seiki hitec-turn 23R super productive turning centre serial no HT20174E,1997 chuck capacity 255MM bar capacity 65MM seicos l multi cnc control 10 station turret with swarf conveyor 3 jaw chuck and tool setter,1 kitamura mycentre 2 vertical maching centre with automatic 2 station pallet changer serial no 11439 1995 pallet size 550X300MM max spindle 7,000RPM yasnac 1 80 cnc control 20 station atc with swarf conveyor.

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.

Assignment of hitachi seiki HT23R super productions hitec-turn cnc lathe with seicos l multi control seriel number ht-20174E, hitachi seiki HS500 horizontal machine cell cnc horizontal machining centre with 60 tool changer and seicos E10M control serial number m-98010-H028 HS500 HS50031 98 and hitachi seiki TF20 hi-turn super productive cnc turning centre with fanuc series 21-t seriel number m-969256-F66 TF15498 ("the equipment"). See the mortgage charge document for full details.

The equipment: hitachi seiki model VM40II super production cnc vertical macnining centre with seicos model myii control serial number VM400 26E; victor model tns-2A cnc lathe with fanuc system 10T control serial number nf-0200. For details of further equipment charged please refer to form 395. all additional alterations and accessories replacements and renewals of component parts thereto together with the benefit of all obligations and warranties of the equipment. The benefit of all maintenance agreements entered into between the company and any sch third party.

Hitachi seki VM40 vertical machining centre 1993, serial no. VM40026E. 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.

F/H property being the industrial premises situate at the junction of hutson street & jacob street bradford west yorkshire. Floating charge over all moveable plant machinery implements utensils furniture and equipment.

A specific equitable charge over the company's f/h & l/h 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 book debts.