GABBRO PRECISION HOLDINGS LIMITED: Charges

Fixed charges over all land and intellectual property owned by the company at any time.

Fixed charges over all land and intellectual property owned by the company at any time.

Fixed charges over all land and intellectual property owned by the company at any time.

Fixed charges over all land and intellectual property owned by the company at any time.

As more particularly described in clause 3 of the debenture, a debenture creating fixed and floating charges over all the assets and undertakings (present and future) of gabbro precision holdings limited.

All the company's right title and interest present and future in and to the acquisition agreement and all proceeds and claims arising from the acquisition agreement see image for full details.

All shares stock securities or other rights accruing or offered to be offered by way of rights bonus option or otherwise arising from or in respect of such stocks shares and other marketable securities. 1000 shares midland precision limited ordinary shares of £1.00 each see image for full details.

Full title guarantee the mortgagor assigns the policy being the policy of assurance held with aegon scottish equitable policy number L0198408443 dated 27TH july 2010 including all monies assured by all bonuses and other benefits see image for full details.

The securities including costs and interest see image for full details.

The company assigns to the bank the £750,000.00 terminal illness with life cover key person assurance policy over the life of duncan paul milner dated 1 july 2008 with zurich assurance limited, policy number 1 511-2TA-dys see image for full details.

Assigns to the bank the £500,000 terminal illness with life cover key person assurance policy over the life of steven horne dated 17 march 2008 with legal & general assurance society, policy number 26762858, including all monies assured by and all bonuses and other benefits of whatever nature under such policy see image for full details.

The acquisition agreement being the sale and purchase agreement dated on or around the date hereof and made between (1) the company and (2) the sellers. See the mortgage charge document for full details.

255,500 ordinary shares of £1.00 each in ess steel holdings limited together with all dividends. 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. See the mortgage charge document for full details.