Jubilee Sailing Trust Limited

The Chadwick Charitable Trust

M.V. "lord nelson".

National Westminster Bank PLC

64/64TH shares in the vessel "lord nelson" official number 711655 and registered under british flag, and its appurtenances.

All monies due or to become due from the company and/or jubilee sailing trust (tenacious) limited to the chargee

National Westminster Bank PLC

By way of first priority mortgage and charge all rights title and interest in and to the mortgaged property and assigns the earnings, insurances and any requisition compensation. See image for full details.

All monies due or to become due from the company and/or jubilee sailing trust (tenacious) limited to the chargee on any account whatsoever

National Westminster Bank PLC

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures, fixed plant & machinery.

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

Jacquetta Cator

All the company's rights,title,interest and benefits,present and future in and to the s/s lord nelson official number 711655 and the earnings and insurances of the vessel and any compensation payment.

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

Jacquetta Cator

64/64TH shares in the s/s "lord nelson" official number 711655 and all her appurtenances.

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

National Westminster Bank PLC

64/64TH shares in S.T.S. "lord nelson" registered in the name of the company as a british ship under official number 711655 and all her equipment and appurtenances.

All monies due or to become due from the company to the chargee under or pursuant to a principal agreement dated 20 may 1999 as amended and novated by a deed of novation dated 15 august 2000, a collateral deed of covenant dated 15 august 2000 in respect of the collateral vessel (as therein defined)

National Westminster Bank PLC

Rights title and interest in the british ship "lord nelson" number 711655 and in her equipment and appurenances, the benefit of all insurances.

All monies due or to become due from the company to the chargee under or pursuant to a principal agreement dated 20 may 1999 as amended and novated by a deed of novation dated 15 august 2000, the collateral deed of covenant and any other documents under the amended agreement

The Secretary of State for Trade and Industry

All moneys payable in accordance with the terms of any of the security documents. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the shipowners form

National Westminster Bank PLC

All right title and interest in and to the vessel "lorn nelson" official number 711655 and all insurances owners earnings in resepct thereof and any new security. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the agreement and the security documents (as defined) including the deed of covenant

National Westminster Bank PLC

64/64TH shares in the vessel S.T.s "lord nelson" registered under official number 711655.

All monies due or to become due from the company to the chargee regulated by the agreement and the collateral deed of covenant both dated 20 may 1999

National Westminster Bank PLC

The vessel being the 65M, 500 + grt, 680+dwt, 3 masted barque reference jst/02 and all her engines equipment etc. undertaking and all property and assets.

All monies due or to become due from the company to the chargee under or pursuant to the debenture and the agreement dated 20 may 1999

National Westminster Bank PLC

A specific equitable charge over all freehold and leasehold properties and/or the proceeds of sale thereof fixed and floating charges over undertaking and all property and assets present and future including goodwill bookdebts and the benefits of any licences.

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

Jubilee Sailing Trust

All the company's rights title interest and benefits in and under:- (a) the ship "lord nelson" registered at the port of southampton under official no: 711655 and includes and share or interest therein and her engines machinery boats tackle outfit spare gear fuel consumable or other stores belongings and appurtenances whether on board or ashore ("vessel"). See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee under the seurity documents as defined by the loan agreement dated 10TH july 1996

Jubilee Sailing Trust

64/64TH shares in the sailing ship "lord nelson" registered in the name of the company at the port of southampton under official number 711655.

All monies due or to become due from the company to the chargee on an account current in respect of the principal in manner and at the times set forth in a loan agreement dated 10TH july 1996 and a deed of covenants dated 10TH july 1996 (as each of these documents may from time to time be amended)

Jubilee Sailing Trust

All of the f/h and l/h property of the company together with buildings and fixtures thereon and plant and machinery annexed thereto, and the proceeds of sale, licences for the use or benefit of land assets, goodwill whether present or future stocks shares and other securities book debts present and future, all other money debts, the first statutory mortgage on the "lord nelson" and all other undertaking property assets and rights of the company as defined by clause four of the said debenture.

All monies due or to become due from the company to the chargee pursuant to a loan agreement dated 10TH july 1996 made between the company and the trust

L M S Distribution Limited.

The sum of £2,180 contained in an account at barclays bank PLC 83 borough road london SE1.

All monies due or to become due from the company to the chargee under the terms of a lease of even date

The Governor and Company of the Bank of England.

64/64TH shares of and in sts lord nelson registered in the name of the company at the port of southampton under official no.711655.

All monies due or to become due from the company to the chargee on an account current regulated by a finance agreement dated 19/11/85 and an agreement supplemental thereto dated 23/12/86 and a deed of covenant dated 23/12/86.

The Governor and Company of the Bank of England.

All the company's rights title & interest in & to all monies now or at any time standing to the credit of the owner in a current account (no. 53560000) (see doc for full details).

£2,043,255 and all other monies due or to become due from the company to the chargee. Under the terms of a financial agreement dated 19-11-85 and other security documents as therein defined & this charge.

The Governor and Company of the Bank of England

All the company's right title & interest in & to the sum of £266,768 deposited by the company in and standing to the credit of a blocked deposit account. (Account no 88548-169 £182) with schroder designated "the jubilee sailing trust LTD" special deposit account and such further amounts as detailed on the form m 395.

Further securing £629,551 and all other monies due or to become due from the company to the chargee. Under the terms of a financial agreement dated 19/11/85 and an agreement supplemental thereto and a deed of covenant both dated 23/12/86

The Governor and Company of the Bank of England

Al the company's right title & interest & benefits in & under a) sts "lord nelson" registered at the port of southampton under official no. 711655. (the vessel) b) the earnings & insurances of the vessel & any compensation payment in respect of requisition for title & other compulsory acquisition of the vessel.

£2,043,255 and all other monies due or to become due from the company to the chargee. Under the terms of a financial agreement dated 19/11/85 and an agreement supplemental thereto dated 23/12/86 and this charge.

The Governor and Company of the Bank of England

64/64TH "share of and in the sts "lord nelson" registered in the name ofthe company of the port of southampton under official no 711655.

All monies due or to become due from the company to the chargee on an account current under the terms of a financial agreement dated 19/11/86 and a deed of covenant dated 16/10/86 as amended by a supplemental deed dated 2/12/86.

The Governor and Company of the Bank of England

All the company's rights title interest & benefits in & under a) sts "lord nelson" registered at the port of southampton. Official no. 711655. b) the earnings & insurances of the vessel & any compensation payment in respect of requisition for title & other compulsory acquisition of the vessel.

£1,130,961 and all other monies due or to become due from the company to the chargee. Under the terms of a financial agreement dated 19.11.85 and this charge

The Governor and Company of the Bank of England

64/64TH shares of and in sts "lord nelson" registered in the name of the company at the port of southampton under official no 711655.

All monies due or to become due from the company to the chargee on an account current under the terms of a deed of covenant dated 16/10/86 and a financial agreement dated 19/11/85.

The Secretary of State for Trade and Industry

A) any moneys which may be payable to the company in accordance with the terms of clause 9 (b) of the financial agreement dated 19/11/85 or of clause 9(a) of the deed of covenant dated 16/10/86 b) 64/64TH shares of and in sts "lord nelson" registered in the name of the company at the port of southampton under official no 711655.

All monies due or to become due from the company to the chargee under the terms of a shipowners agreement dated 19/11/85 and this charge.