WESTERN CORRUGATED LIMITED

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image 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.

All assets of the company.

Agnati/fosber 2,500MMMM corrugating line, forming b, c, bc double and e fluting comprising agnati wet end (installed 1992), agnati PBB2 splicer s/no 4420, agnati gvr double reel stand s/no 4411 for details of further goods charged please refer to form 395. see the mortgage charge document for full details.

Land adjoining unit 60 springvale industrial estate cwmbran gwent t/n WA724990.

1. by way of legal mortgage, 1. 60 springvale industrial estate cwmbran torfaen gwent t/n-WA589345. 2. land adjoining 60 springvale industrial estate cwmbran torfaen gwent t/n-WA724990. 3. land and buildings to the west of woodside way springvale industrial estate cwmbran torfean gwent t/n-WA336413. 2. by way of fixed charge all its future estate or interest in any f/h or l/h property belonging to it and all buildings and fixtures on that property; all plant and machinery; all book and other debts; present and future goodwill and uncalled capital; by way of floating charge all its assets both present and future not otherwise effectively charged under paragraph's 1 & 2 above.. See the mortgage charge document for full details.

Land and buildings to the west of woodside way, springvale industrial estate, cwmbran known as the former renishaw building 1, county borough of torfaen t/n WA336413.

All its right title and interest in and to all sums payable under the policies of insurances as listed on the form 395.

All its right title and interest in and to all sums payable under the insurance (see 395 for full details).

F/H property k/a unit 60 springvale industrial estate, cwmbran, gwent, together with all buildings and fixtures.

Unit 60, springvale ind. Est. Cwmbran, gwent part title no wa 396202.

Including trade fixtures (see form 395 for full list). 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.

Including trade fixtures. 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.

Fixed charge over 1 martin corrugator complete 1 starch preparation plant 3 adhesive storage tanks adhesive circulation pumps and ancillary equipment 2 colley reel trucks 1 pallet truck 1 waste bailer 1 waste extraction and chopper fan waste ducting 30 metres of floor conveyor 1 cheetah telex system.

(Including trade fixtures). 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 that piece or parcel of land measurement 1.7 acres or thereabouts situate at springvale industrial estate cwmbran, gwent together with the factory erected thereon & known as 60 springvale industrial estate aforesaid 1, compressor serial no ahmann 7316, 10102. ltr ZU60/25/26 (including trade fixtures). 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.