04040551 Limited

Demaglass Limited

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 obligations and liabilities due or to become due from the company to the chargee on any account whatsoever

Bank of America National Association(The "Security Trustee")

The f/h property k/a land and buildings on the east side of sheffield road and thw west side of station road whittington moor newbold chesterfield derbyshire t/n DY87520 land and buildings on the south side of pottery lane whittington moor chesterfield t/n DY116896 and land adoining lockford lane chesterfield t/n DY235299. 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, obligations and liabilities (whether present or future, actual or contingent) on the part of the company to any beneficiary (as defined) to be paid, performed or discharged, whether directly or indirectly, under or pursuant to the terms of any of the finance documents and/or in connection with the credit facility or other financial accomodation from time to time granted or other wise made available pursuant thereto, together with all expenses and any interest charged under the terms of the debenture