INTERSOUND LIMITED

All the company's right title and interest in and to the interest earning deposit account opened or to be opened by c b hillier parker limited with national westminster bank PLC 250 regent street london W1A in which the initial deposit of £5,000 is placed and all monies from time to time withdrawn therefrom in accordance with the deed.

20 king street luton bedfordshire t/no;-BD74012.

47282522. the charge creates a fixed charge over all the deposit(s) referred to in the schedule to the form 395 (including all or any part of the money payable pursuant to such deposit(s) and the debts represented thereby) together with all interest from time to time accruing thereon it also creates an assignment by the chargor for the purposes of and to give effect to the security over the right of the chargor to require repayment of such deposit(s) and interest thereon.

.. 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.

18 to 24 (even) john street, luton, bedfordshire title number bd 114109.

F/Hold property- 18/24 john street,luton,bedfordshire with all buildings/fixtures thereon; t/no.bd 114109; the goodwill of business and all licences held.............fixed charge over any shares and all rights,benefits....etc..............all rentals payable.......see form 395. floating charge over all moveable plant machinery implements utensils furniture and equipment.

F/H property k/a 18-24 (even) john street luton bedfordshire t/n BD114109 together with a fixed charge on all rental income present or future and the proceeds of any sale lease or dispostion of the property.