SOFTEX INTERNATIONAL LIMITED: Mortgages

A first fixed charge over all the rights title share and interest of the company in the hsbc market select savings account reference number 623545*2 including company's present and future rights to and interest in all of the amounts from time to time deposited into this account less that which is with hsbc's agreement debited to the said account together with all entitlements of the company to interest income capital growth and other rights and benefits accruing or arising in connection therewith.

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.

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

All debts purchased or purported to be purchased by the security holder pursuant to an agreement for the purchase of debts including associated rights relating thereto.

By way of floating charge all the undertaking of the company and all assets whatsoever and wheresoever including stock in trade and uncalled capital but excluding any debts and associated rights relating thereto.

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.