Brent Walker Breweries Limited

American Express Bank LTD

1000 ordinary shares of sterling pounds 1 each representing the entire issued share capital of ellerman's finance limited at 29/9/88 and all other securities and all nights moneys & property whatsoeveer to be derived from accrue on any of the securities (see from 395-M231C).

All monies due or to become due from the company to the chargee under the terms of a guarantee dated 9/6/87 as amended by a supplemental deed dated 29/9/88 and under this charge