Magnohard Limited

The Governor and Company of the Bank of Scotland

1,000,000 b ordinary shares of 10P each in benthos limited together with all dividends,bonuses,interest or other rights.

All monies due or to become due from the company formerly known as glenminster limited to the chargee on any account whatsoever

The Governor and Company of the Bank of Scotland

37 acres or thereby with the house erected thereon k/a borlum house reay caithness.

All monies due or to become due from the company to the chargee under the terms of the personal bond dated 27 november 1996

The Governor and Company of the Bank of Scotland

1 sloan gardens and 2, 4, 6 and 6B holbein place london.

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

Bank of Scotland

Streatley house high street berkshire.

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

The Governor and Company of the Bank of Scotland

Adam house 10 adam street london WC2.

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

The Governor and Company of the Bank of Scotland

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

The Governor and Company of the Bank of Scotland

Fresgoe house, sandside harbour, reay by thurso, caithness.

All monies due or to become due from the company to the chargee under the terms of a personal bond dated 3RD march 1991

The Governor and Company of the Bank of Scotland

Sandside estate reay by thurso, caithness.

All monies due or to become due from the company to the chargee

Natwest Investment Bank Limited

10 adam street london title no, ngl 417166. 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

Natwest Investment Bank Limited

18 beauchamp place london SW3 l/b of kensington & chelsea t/no:- 436626. 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

National Westminster Bank PLC

10, adam st, westminster london WC2 title no:- ngl 417166 and the proceeds of sale thereof.

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

National Westminster Bank PLC

F/H - 35 lowndes st, london SW1. L/b of kensington & chelsea. Title no: - 339413 and/or the proceeds of sale thereof.

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

Sir Gerald Newman

F/H 35 lowndes street london S.W.1. title no: 339413 10 adam street london W.C.2.

£250,000