City Lofts (Salford Quay) Limited

The Governor and Company of the Bank of Scotland

All of its right, title and interest in the building contract dated 12 april 2005. see the mortgage charge document for full details.

All monies due or to become due from the company to the chargee

The Governor and Company of the Bank of Scotland

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 to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

The Governor and Company of the Bank of Scotland

The f/h land on the south side of the quays salford quays salford forming part of title number GM670073. Fixed charge all buildings and other structures fixed to the property fixed charge any goodwill relating to the property fixed charge all plant machinery and other items affixed to the property assignment of the rental sums together with the benefit of all rights and remedies fixed charge the proceeds of any claim made under insurance policy relating to the property floating charge all unattached plant machinery chattels and goods on or in or used in connection with the property or the business or undertaking at the property.

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