Steels Aviation Services (Regional) Limited

Standard Chartered Bank

Lease of 0.577 acres and lease of 0.085 acres at aberdeen airport granted by the british airports authority (see form 395 for full details).

All monies due or to become due from the company to the chargee as agent and trustee for the banks (as therein defined) in terms of a guarantee and debenture dated 1/7/88

Standard Chartered Banknd Barclays Bank PLC Creditanstalt Bank Vereir Cnk the Govenor and Company of the Bank of Scotla and Trustee for the Banks Standard Chartered Ba(The 'Agent' as Defined) for Itself and as Agent

(Please see form 395 serial no M350 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.

All moneys due or to become due from the company and/or stuntbrand limited and/or all or any of the other companies named therein to the chargees under the terms of the charge and the documents referred to therein