Shsegl Realisations Limited

Lloyds Bank Plcas Trustee for the Secured Creditors

See form 395 ref M128. 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 monies due or to become due from the company and/or all or any of the other companies named therein to the chargee on any account whatsoever

Lloyds Bank PLC

Any monies now or hereafter standing to the credit of a designated account with lloyds bank PLC see 395 for details.

All monies due or to become due from the company to the chargee on any account whatsoever

Lloyds Bank PLC

Leasehold property K.A. wallsend shipyard wallsend in the county of tyne & wear with all buildings and fixtures thereon.goodwill of business.. Floating charge over all moveable plant machinery implements utensils furniture and equipment.

All monies due or to become due from the company to the chargee on any account whatsoever

Lloyds Bank PLC

The sum of £2,490,000 standing in or to be credited to a designated account with the bank.

All monies due or to become due from the company to the chargee under the terms of the above mentioned counter indemnity

Lloyds Bank PLC

Any moneys now or hereafter to the credit of a designated account with the chargee and all interest therein.

All monies due or to become due from the company to the chargee on any account whatsoever

Lloyds Bank PLC

By way of legal mortgage the l/h property k/a or being wallsend shipyard wallsend tyne and wear by way of assignment the goodwill of the business (if any). Floating charge over all moveable plant machinery implements utensils furniture and equipment.

All monies due or to become due from the company to the chargee on any account whatsoever

Lloyds Bank PLC

Fixed charge:- the sums of £3,509,325 standing in or to be credited to a designated account with lloyds bank PLC and all interest now due and henceforth to become due in respect thereof.

All monies due or to become due from the company to the chargee under the terms of the charge

Lloyds Bank PLC

Fixed charge:- the sum of £7,018,650 standing in or to be credited to a designated account with lloyds bank PLC and all interest now due and henceforth to become due in respect thereof.

All monies due or to become due from the company to the chargee under the terms of the charge

Lloyds Bank PLC

The sums of £254,822.00 and deutsche marks 1,175,000.00 standing in or to be credited to a designated account with lloyds bank PLC (please see form 395 for full details).

All monies due or to become due from the company to the chargee under the terms of the charge.

Lloyds Bank PLC

The sum of £2,358,000 standing in or to be credited to a designated account with lloyds bank PLC.

All monies due or to become due from the company to the chargee under the terms of the charge

Lloyds Bank PLC

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 monies due or to become due from the company to the chargee on any account whatsoever