Presscrane Engineers Ltd.

Isis Factors PLC

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 under the terms of the charge

Isis Factors PLC

All the book debts and other debts due to the company from time to time howsoever by way of a first fixed charge.

All monies due or to become due from the company to the chargee under the terms of a factoring agreement dated 24/10/91

Schroder Discount Limited.

All book and other debts due to the company from time to time.

All monies due or to become due from the company to the chargee under the terms of an invoice discounting agreement dated 3/6/91.