Panificio Foods Limited

Falconis Limited or to Northern Foods 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. See the mortgage charge document for full details.

All monies due or to become due from the company formerly known as orbreck foods limited to the chargees pursuant to the terms of an agreement dated 21ST june 1996

Euro Sales Finance Plcas Agent and Trustee of the Security Constituted Under This Deed for Itself and the Banks (As Defined)

By way of first fixed charge all book and other debts both present and future and the benefit of all contracts and policies of insurance in relation to such book and other debts. By way of first floating charge the undertaking and all property assets and rights of the company whatsoever and wheresoever both present and future including the assets comprised in the fixed charges to the extent that such fixed charges shall for any reason be ineffective.

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

Clydesdale Bank Public Limited Company

.. 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. See the mortgage charge document for full details.

All monies due or to become due from the company previously known as orbreck foods limited to the chargee on any account whatsoever