Stewart & Allen Limited

State Securities PLC

With full title guarantee assigns absolutely by way of security all of its right, title and interest in the non-vesting assets together with the benefit of all existing guarantees the assets: mini cooper s convertible reg no. VA05 hbo chassis no. WMWRH320X0TG84312, citroen relay hdi van reg no. VF55 xmr chassis no. VF7ZAAMFA17737689, amanda promise RG50-25 upstroking pressbrake c/w hurco 7 cnc back gauge and safety scan light guards, YOM1984 c/w selection of toolholders and tooling s/no. 0205025113 for details of further assets please see form MG01.

All monies due or to become due from the company to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge