Walbrook Insurance Company Limited

The Policyholders Protection Board

The entire interest of the kwelm companies in the debt being all sums (including interest) time to time credited to the account with barclays bank named "ppb charged deposit account re- kwelm companies. See the mortgage charge document for full details.

All monies due or to beciome due from the company and/or all or any of the other companies named therein to the chargee by virtue of a deed dated 29TH september 1993

H.S. Weavers (Underwriting) Agencies Limited

The sum of us$10,147,051.17 Deposited with manufacturers hanover trust company including all money payable pursuant to that deposit and any renewal or replacement of that deposit, and the debt represented by the deposit (for full details see form 395 tc ref M1).

All monies due or to become due from the company to the chargee pursuant to an agreement and indemnity dated 22/04/92

Citibank, N.A.

All monies at the date of the reinsurance deposit agreement or at any time thereafter during the subsistence of the security standing to the credit of a) the account details of which appear in clause 3(a) (I) of the agreement. Any account opened by the bank pursuant to clause 3 (c) or 11 (b) of the agreement any other account referred to in clause 13 of the agreement.

All monies due or to become due from the company to the chargee under the terms of this agreement or under any agreement, or on any other account whatsoever.

Citibank, N.A.

All the company's right, title and interest in and to each balances standing to the credit of each account at the bank's branch at 336 strand, london WC2R 1HB in the company's name designated "reinsurance deposit account (re : hsw) (please see doc m 395 for full details).

All monies due or to become due from H. S. weavers (underwriting) agencies limited (the agent) to the chargee under the terms of any agreement bearing the caption "insurance letters of credit master agreement".

Citibank, N.A.

All the chargor's rights, title and interests in and to all securities for the account or under the control of the bank all securities held by any clearance system on behalf of the bank all rights, benefits and proceed in respect of the securities. All sums of money standing to the credit of any account.

All monies due or to become due from the company to the chargee under the terms of this agreement, under any agreement or on any other account whatsoever.