P.D.M. PROPERTIES LIMITED: Carichi

All monies solicitors' undertaking. Lands adjacent to college street & lonsdale road, armagh in folios 40 sd, AR94258,AR93509L, AR93513, AR93517L, AR93515, AR93512, AR93504, AR93510 and AR93503 all co armgh.

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.

All monies floating charge. The undertaking of the company and all its property whatsoever and wheresoever both present and future including its uncalled capital for the time being.

All monies debenture. 1. a specific charge over all freehold and leasehold property of the company both present and future and all buildings and fixtures, plant machinery vehicles computers and office and other equipment together with the benefit of all existing and future leases ...................... see doc 18 for further details.

Œ3,810,000.00 assignment + all compensation monies. An assignment by the company of all its interest and entitlement to all compensation monies payable by the department of the environment for northern ireland on foot of vesting order dated the 23RD november 1995 in relation to the lands described in the schedule thereto.