Weardale Steel (Wolsingham) Limited

Bibby Factors International Limited

(I) by way of fixed equitable charge any present or future debt the ownership of which fail to vest absolutely and effectively in the security holder for any reason together with the related rights (the factored debts) and (ii) all amounts of indebtedness due to the company on any account whatsoever other than the factored debts (the other debts).by way of floating charge all the undertaking and all the property rights and assets.

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

Lloyds Bank PLC

Including trade fixtures. 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

Midland Bank PLC

Fixed charge of all book & other debts. Floating charge over the undertaking and all property and assets present and future including bookdebts (excluding those above) uncalled capital.

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

Midland Bank PLC

F/H land & premises wolsingham steel works durham rd wolsingham co durham.

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