PINDAR PLC: Mortgages

With full title guarantee assigns the items of equipment and/or other chattels described or referred to in the schedule being 4 sets of 5 bays adjustable botless steel pallet racking, vacuumatic counter and mettler toledo electronic scale and remote platform (for details of all other equipment charged, please refer to the MG01 document).

By way of a specific first charge all right, title and interest in and to the equipment being 4 sets of 5 bays adjustable boltless steel pallet racking, vacuumatic counter and mettler toledo electronic scale and remote platform (for details of all other equipment charged, please refer to the MG01 document).

Any credit balance due to the company under condition 13 of the agreement for the purchase of debts and any discounting allowance due under the contract the benefit of all the other provisions of the contract and all securities in respect of that credit balance.

Heidelberg - five colour printing press / s/no: 537137; heidelberg - five colour printing press / s/no: 540261; heidelberg - five colour printing press / s/no: 537749; muller - saddle stitching machine / s/no: 91.06593/42.

All the undertaking, all assets now owned or hereafter acquired including the stock in trdae and its uncalled capital.

All and singular the chattels plant machinery and things described in the schedule hereto or any part thereof muller martini tempo saddle stitcher equipped with four type 416 feeders streatmfeeders 3738, card folder 344, rapido stacker into FW67/FJK41 filmwrapping line and cohiba palletiser s/n SAP368060.

By way of fixed equitable charge all debts purchased or purported to be purchased by the security holder pursuant to the agreement (including the associated rights as defined in the agreement) which fail to vest effectively or absolutely in the security holder for any reason.

.. 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.

One new man roland and web offset printing press type lithoman iv serial no 27666 with all accessories and component parts and all improvements and renewals with all books manuals and handbooks technical data drawings schedules and other documentation.

One new heidelberg 102 speedmaster five colour offset press model 102F + l cp tronic controlled 72 x 102CM with coating system, complete with CPC1-03 alcolor dampening and CPC4 plate registration device, serial no: 537137 together with ancillary equipment. One new CPC3-s plate image reader serial no: 0057 together with ancillary equipment.

All and singular the chattels plant machinery and things described in the schedule. One new heidelberg harris web offset press model M600, serial no:mc Y0057 no. 51, together with ancillary equipment, serial nos:0044 da, 0218 ma, 28 0006010, 180193, 197.01.0080& 550051 6/94. see the mortgage charge document for full details.

Undertaking and all property and assets present and future including book & other debts uncalled capital.