INNOVATE LOGISTICS LIMITED

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.

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.

All sums standing to the credit of the rent deposit account. See the mortgage charge document for full details.

All the company's right title and interest in and to all monies standing to the credit of sterling account numbered 00221868 in the name of the company with the royal bank of scotland 7 burlingto gardens london W1A 3DD designated "isl holmewood 1998 rent account) and all rights benefits and proceeds thereof. See the mortgage charge document for full details.

All the company's right title and interest in and to the monies from time to time standing to the credit of the lease costs deposit account including all interest under the deed under the provisions of clause 4 the depositt account being numbered 00221876 opened by the tenant with the roayal bank of scotland designated "isl 1998 lease costs account" or any amendment or replacement thereof.. See the mortgage charge document for full details.

6 x atlet senior sit-on low lifters serial/batch no's;- xll 11206 to XLL11211 (inclusive) and 3 atlet high lifts reach trucks serial no's;-UHS1241 - UHS1243 (inclusive) together with associated equipment described in the invoices benefit of all insurance warranties guarantees and other securities. See the mortgage charge document for full details.

All rights and benefits in and to all sums standing to the credit of the sterling account number 00204904 in the name of the company with the royal bank of scotland.

All right title and interest in all sums standing to the credit of the lease cost deposit account number 0024998 in the name of the company with the royal bank of scotland.

The sum of £286,000 plus accrued interest in an account with a reputable bank or building society in the name of scunthorpe cold stores limited (as tenants) and/or any other interest bearing bank account in which at the discretion of royal trust bank (as landlord) but so that royal trust bank shall not have any liability by reason of the excersise or non-excersise of that discretion any sum is held from time to time for the purposes of the rent deposit agreement and includes all sums 8INCLUDING all interest earned on the account) for the time being held therein pursuant to the purpose of the rent deposit agreement.

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.

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.