The Lygon Arms Hotel Limited

Michael Fentum (The Trustee)

F/H the lygon arms hotel broadway worcestershire t/n WR33641, f/h billesley manor hotel billesley alcester stratford upon avon t/n WK383792, f/h combe grove hotel shaft road monkton combe t/n AV139095 for details of further properties charged please refer to form 395. 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 any charging company to the trustee and/or noteholders (or any of them) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Anglo Irish Bank Corporation PLC as Security Agent for Itself and the Other Beneficiaries

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 any obligor to the beneficiaries (or any of them) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge

Barclays Bank 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

Barclays Bank PLC

F/H property k/a 3 parker place broadway worcestershire t/no@ HW37889.

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

Barclays Bank PLC

F/H property k/a shakespeare cottage 128 high street broadway worcestershire t/no: WR77942.

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

Barclays Bank PLC

F/H property k/a the lygon arms hotel broadway worcestershire t/no: WR33641.

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

Barclays Bank PLC

F/H property k/a 75 morris road broadway worcestershire t/no: HW42910.

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

Bankers Trust Company

First legal mortgage the "properties" being those properties specified next to the name of the company in the schedule to the deed together with all buildings erections fixed plant and machinery and fixtures (other than tenants' or trade fixtures belonging to any tenant of the company or to any third party). See the mortgage charge document for full details.

All monies due or to become due from the company and/or all or any of the other companies named therein to the chargee (as the "security trustee" and "agent") under the deed and each finance document (as therein defined) to which any chargor is a party except for any obligation which, if it were so included, would result in the deed contravening section 151 of the companies act 1985

Bankers Trust 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 present and future obligations and liability due or to become due from the chargors (as defined) to the chargee as agent and trustee for the finance parties (as defined) under this deed and each finance document (as defined) and on any account whatsoever