W.& J.PYE,LIMITED

The f/h land and buildings at lansil industrial estate lansil way lancaster lancashire t/n LA772329, the f/h land and buildings k/a spry mills lifton devon t/n DN297404 and DN398382, the f/h land and buildings k/a high mill langwathby penrith and 1 bank edge langwathby penrith t/n CU182493 (for details of further properties charged please refer to form 395). 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 of its right title and interest present and future in and to the policies. See the mortgage charge document for full details.

All present and future right title and interest in and to the property. See the mortgage charge document for full details.

(I) policy no assh 002749 for £250,000 over life of charles lucas; (ii) policy no assh 002750 for £250,000 over life of tom bathgate; (iii) policy no assh 002748 for £250,000 over life of gordon bailey with all right,title,interest and bonuses thereon.

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.

F/H land at lansil industrial estate lansil way lancaster; waterloo cottage ashton-with-stoddy; 6 & 7 new road lancaster. Fixed charge all buildings and other structures fixed to the property fixed charge any goodwill relating to the property fixed charge all plant machinery and other items affixed to the property assignment of the rental sums together with the benefit of all rights and remedies fixed charge the proceeds of any claim made under insurance policy relating to the property floating charge all unattached plant machinery chattels and goods on or in or used in connection with the property or the business or undertaking at the property. See the mortgage charge document for full details.

By way of fixed charge all debts and their related rights which fail to vest absolutely and effectively in the security holder.by way of floating charge all the undertaking all the property rights and assets of the company including stock in trade and its uncalled capital.

All book and other debts both present and future floating charge the whatsoever and wheresoever both present and future. Undertaking and all property and assets.

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

F/Hold property - land containing 1.26 acres formally part of the lansil site caton road,lancaster,lancashire...................and the proceeds of sale thereof. See the mortgage charge document for full details.

F/H property k/a land adjoining lansil way, lansil industrial estate, caton road, lancaster, lancashire and the proceeds of sale thereof. Floating charge over all moveable plant machinery implements utensils furniture and equipment and an assignment of the goodwill and connection of any business together with the full benefit of all licences.