Shildon Forge Limited

The Governor and Company of the Bank of Scotland.

(Please see form 395 for full details). Undertaking and all property and assets present and future including uncalled capital.

Monies due or to become due from the company to the chargee on any account whatsoever.

Durham County Council

All that f/h land together with the buildings erected thereon or on some part there of lying to the south west of richmond st shildon durham t/n du 115267.

£74,500 and all other monies due or to become due from the company to the chargee.

British Rail Engineering Limited

The machines listed on the chattels sheek annexed to doc m 10.

£70,000 all monies due or to become due from the company to the chargee under the terms of a purchase agreement of even date.

British Rail Engineering Limited

The machines listed on the reverse of doc m 9.

£80,000 and all other moneys due or to become due from the company to the chargee under the terms of a purchase agreement of even date

British Rail Engineering Limited

The machines listed on the reverse of doc M8.

£63,300 and all other moneys due or to become due under the terms of the purchase agreement of even date

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