140 PARK LANE LIMITED

F/H property 140 park lane and 535 to 539 oxford street london t/n 420074. l/h property part of basement and ground and first floors 527 to 533 (odd numbers) oxford street and 68 to 70 north row and the airspace abovet/n NGL784069. 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.

Assigns title to the collateral being the shares in flatford limited including all derivative assets and all the company's right title and interest from time to time in all such securities and derivative assets. See the mortgage charge document for full details.

Assigns title to the collateral being the shares in flatford (no. 2) limited including all derivative assets and all the company's right title and interest from time to time in all such securities and derivative assets. See the mortgage charge document for full details.

By way of second legal mortgage the mortgaged property and shares, by way of assignment A. 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 the company's right title and interest in and to the securities being £10 ordinary shares of £1 each issued in the share capital of flatford limited together with all securities accruing therefrom (inclusive of devidends interest and other income). See the mortgage charge document for full details.

All the company's right title benefit and interest in and to the securities being 10 ordinary shares of £1 each issued in the share capital of flatford (no.2) limited and all securities deriving therefrom (inclusive of dividends interest and other income). See the mortgage charge document for full details.

All the company's right title benefit and interest in and to a £7,000,000 secured subordinated loan agreement dated 7TH january 2002 between the chargor flatford limited and flatford (no.2) limited international hotel licencing S.A.R.L. marriott international inc. And marylebone balfour group PLC.

F/H land and buildings k/a 140 park lane and 535 to 539 oxford street london W1 t/no: 420074 land and buildings being part basement ground and first floors of maryon house 527 to 533 (odd numbers) oxford street and 68 to 70 north row london W1 with the air space thereof. See the mortgage charge document for full details.

Business premium account no.40082090. The charge creates a fixed charge over all the deposit(s) referred to in the schedule to the form 395 (including all or any part of the money payable pursuant to such deposit(s) and the debts represented thereby) together with all interest from time to time accruing thereon it also creates an assignment by the chargor for the purposes of and to give effect to the security over the right of the chargor to require repayment of such deposit(s) and interest thereon. See the mortgage charge document for full details.

Without affecting and in addition to the agent's other rights under or pursuant to the security interest agreement,the company to the intent that the agent shall have a security interest in accordance with the law: assigned,transferred and otherwise made over to the agent title to the securities;and agreed that,to the extent that the company has not assigned,transferred or otherwise made over to the agent or perfected in favour of the agent,title to any securities the agent shall have possession of the certificates of title thereto.

The mortgaged property and all its present and future investments in any subsidiary of the company.assignment by way of security.fixed charges.floating charge.real property.. See the mortgage charge document for full details.

Freehold property known as 139 and 140 park lane and 535, 537 and 539 oxford street title number 420074 and leasehold property known as park lane garages, 68 north row, london W1. 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. See the mortgage charge document for full details.