FAMAC NETWORK LIMITED

Fixed & floating charge - all monies. By way of fixed equitable charge (I) all purchased debts being any book debts as defined in the agreement, purchased or purported to be purchased by the security holder pursuant to the agreement the ownership of which fail to vest absolutely and effectively in the security holder for any reason and (ii) all other debts, being those other than the purchased debts, now or at any time hereafter owing or becoming due to the company on any account whatsoever and (iii) all associated rights as defined in the agreement and reference to " a debt" and to a "contract of sale" in or in connection with such definition shall include reference to an other debt and to any contract giving rise to an other debt.. By way of a floating charge all the undertaking and all the rights and assets of the company whatsoever and wheresoever both present and future including the company's stock in trade and its uncalled capital other than such property as shall be subject to the fixed charge above detailed from time to time.

All monies debenture 1. fixed charges upon: the freehold and leasehold property of the company both present and future (ex- cluding the legally mortgaged property) together with all the buildings and fix- tures (including trade and other fix- tures) and fixed plant and machinery from time to time thereon or therein and the proceeds of sale thereof; see doc 27 for details.

All monies mortgage all the lands comprised in land registry folio no.4485 County antrim. See doc 26 for details.

All monies. Group composite debenture all the companies freehold and leasehold property. See doc 24 for details.

All monies. Charge the lands and premises comprised in folio no 4485 county antrim.

All monies. Floating charge the undertaking of the company and all its property whatsoever and wheresoever both present and future inlcuding its uncalled capital for the time being. Nb. The company shall not be at liberty without the previous consent in writing of northern bank limited to create any mortgage or charge or confer any lien on its assets or any part thereof or to sell or deal with its book or other debts or securities for money otherwise than for the purpose of getting in and realising the same in the ordinary way of business.

All monies. Charge over all book debts all book debts and other debts now and from time to time hereafter due owing or incurred to the company.