PETROCELTIC RESOURCES LIMITED: Carichi

Freehold and leasehold property in england & wales as more fully set out in the definition of "real property" in clause 1. "intellectual property" means any patents, trademarks etc as more fully defined in clause 1.

N/A.

N/A.

Freehold and leasehold property in england and wales as more fully set out in the definition of 'real property' in clause 1. intellectual property means any patents, trademarks etc. as more fully defined in clause 1.

N/A.

N/A.

N/A.

N/A.

N/A.

Fixed security over all freehold and leasehold property in england and wales ('real property'); fixed security over any present or future intellectual property. For more details, please refer to the instrument.

Share charge dated 31/05/2013 over the shares in melrose resources romania bv.. Notification of addition to or amendment of charge.

Share charge dated 31/05/2013 over the shares in melrose petroleum company.. Notification of addition to or amendment of charge.

Share charge dated 31/05/2013 over the shares in melrose resources sarl.. Notification of addition to or amendment of charge.

Share charge dated 31/05/2013 over the shares in odyssey international petroleum LTD. Notification of addition to or amendment of charge.

Notification of addition to or amendment of charge.

N/A. notification of addition to or amendment of charge.

A first priority pledge on the pledged assets being all rights titles interests and benefit in to and under the shares and all distributions relating to the shares see image for full details.

All such rights to the repayment of the deposit meaning the debt(s) on the account(s) described in the schedule being the account with the bank denominated in us dollars designated ltsb re melrose resources PLC and numbered 11701789 and any account(s) for the time being replacing the same and all interest owing in respect thereof and all deposits with the banks treasury division in the name of the bank re the company.

The company for the benefit of the secured creditors confirm all liens and security interests granted under the existing security documents shall continue. A lien on and security interest in all of the companys property and assets described in each existing security document see image for full details.

As continuing security for the due and full payment, discharge and performance of all the secured obligations, the pledgor, as full and sole owner of shares, pledges it's right, title and interest to the shares to. See image for full details.

100,000 common shares in the capital of the issuer shall be and become part of the collateral referred to in the pledge agreement, pursuant to which the collateral is pledged in favour of the security agent see image for full details.

13,633 common shares in the issuer shall be and become part of the collateral referred to in the pledge agreement, pursuant to which the collateral is pledged in favour of the security agent see image for full details.

The shares, all dividends or interest paid, all securities see image for full details.