SEA CONTAINERS PROPERTY SERVICES LIMITED

£30,000.00 in the separate designated deposit account with all additional sums as may be deposited from time to time by the company.

By way of legal mortgage the property being (1) land with t/n ESX201378 and (2)land known as west quay newhaven, by way of fixed charge the plant, machinery and fixtures and fittings of the company now and in the future at the property, the furniture furnishings equipment tools and other chattels of the company now and in the future at the property and not regularly disposed of in the ordinary course of business. See the mortgage charge document for full details.

F/H property k/a new england college tortington arundel west sussex t/no: WSX223483. And the proceeds of sale thereof floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.

F/H property k/a greenland mills, bradford-on-avon, wiltshire t/nos: WT76886, WT79923, WT86380 and WT89748 floating charge over .. undertaking and all property and assets. See the mortgage charge document for full details.

F/H property comprised in a lease dated 19TH june 1996 being land at camber dock old portsmouth. By way of fixed charge the benefit of the development documents (as defined). See the mortgage charge document for full details.

L/H property comprised in a lease dated 10 august 1987 as varied by deeds of variation dated 5 june 1989, 17 june 1992, 17 december 1993 and 26 august 1994 and comprised in a supplemental lease dated 26 august 1994 together with all buildings and fixtures and all plant machinery and all chattels. Floating charge all its undertaking goodwill property assets and rights. See the mortgage charge document for full details.