Nosnehpetsj Limited

Steven Thomas Pentland and Peter Howard Jones

The deposit balance as defined in the deed of rent deposit dated 25/8/2000,as defined,an amount equal to 3 months rent from time to time payable under the lease plus vat thereon. See the mortgage charge document for full details.

The performance of the obligations of the tenant to the landlord under the lease dated 25 august 2000 made between steven thomas pentland and peter howard jones ("the landlord") and watersheds limited ("the tenant") and this rent deposit deed and all monies payable to the landlord in the event of any default by the tenant in performing such obligations