Murrayfield Shipping Limited

Bank of America National Trust and Savings Association

All 64/64TH shares in m/v harefield title no 708290.

All monies due or to become due from the company to the chargee on any account current under the terms of a loan agreement dated 2/7/86, the deed of covenants and a guarantee dated 29/12/89

Bank of America National Trust and Savings Association

All earnings and monies arising from ownership of m/v harefield no 708290 (see doc M674C for full details).

All moneys due or to become due from the company and/or buries markes limited to the chargee under the terms of a loan agreement dated 2/7/86, a guarantee dated 29/12/89 and each security document (as defined)

Citibank, N.A.

The 64 64TH shares in the motor ship "westfield" no 708313 and in her boats and appurtenances.

All monies due or to become due from the company to the chargee on an account current under the terms of the facility agreement, the swap agreement, the guarantee or the deed of covenants (as defined)

Citibank, N.A.

Right, title and interest in insurance and all freights, hires and other moneys (see doc M678C for full details).

All moneys due or to become due from (a) the company to the chargee under or pursuant to the guarantee dated 22/12/89 and (b) from the company and/or buries markes limited to chargee under or pursuant to this deed

Bank of America National Trust and Savings Association.

All sums for the time being standing to the credit of any account or accounts of the company with the mortgagee.

All moneys due or to become due from the company to bank of america national trust and savings association under the terms of a loan agreement dated 2/7/86

Citibank, N.A.

All the company's right, title & interest in & to 1) policies & insurance in respect of the vessel etc 2) the present & future earnings of the vessel etc (see form 395 M273/29 feb/ln for full details).

All monies due or to become due from the company to the chargee secured by a mortgage of even date pursuant to a guarantee agreement dated 24/2/88 & to the deed

Citibank, N.A.

All the company's rights, title & interest in & to 1) policies & insurance in respect of the vessel etc 2) the present & future earnings of the vessel etc (see form 395 M274/feb 29/ln for full details).

All monies due or to become due from the company to the chargee secured by a mortgage of even date pursuant to a guarantee agreement dated 24/2/88 & to the deed

Bank of America National Trust and Savings Association.

All sums for the time being standing to the credit of any account or accounts of the company with the mortgagee.

All monies due or to become due from the company to the chargee under the terms of a loan agreement d/d 2/7/86 as from time to time amended

Citibank N.A.

All the company's right, title and interest in the earnings (as defined in the annexure to the 395).

All monies due or to become due from the company to the chargee secured by a mortgage of even date and pursuant to an agreement dated 21 nov 1986 (as may from time to time be amended) and the deed

Citibank N.A.

All the company's right, title and interest in the earnings (as defined in the annexure to the 395).

All monies due or to become due from the company to the chargee secured by a mortgage of even date and pursuant to an agreement dated 21 nov 1986 (as may from time to time be amended) and the deed.

Citibank N.A.

All the company's right, title and interest in and to all moneys and claims for moneys due and to become due to the company under or in connection with an interest rate swap agreement dated 21 nov 86 between the company and the bank and all the rights, benefits and proceeds of such moneys howsoever arising.

All monies due or to become due from the company to the chargee pursuant to a facility agreement dated 23 may 1986, an agreement dated 21 nov 1986, deed of covenants dated 24 nov 1986 and the deed.

Bank of America National Trust and Savings Association

M/V harefield as registered under that name under the british flag reg no 708290.

All monies due or to become due from the company to the chargee on account current under the terms of a deed of covenant of even date and regulated by a loan agreement dated 2ND july 1986

Bank of America National Trust and Savings Association

All earnings of and income of whatsoever nature arising from (or out of the ownership of) mv harefield registration number 708290.

All monies due or to become due from the company to the chargee secured by a mortgage dated 3RD july 1986 under the terms of a loan agreement dated 2ND july 1986

Citibank N.A.

All of the interest of murrayfield in and to the sixty-four sixty-fourth shares in the motor vessel "westfield". Official no. 708313.

All monies due or to become due from the company to the chargee on an account current under the terms of the facility agreements as defined and a deed of covenants of even date each as may from time to time be amended.

Citibank N.A.

All of murrayfields right, title, interest all policies and contracts of insurance, all entries in a protection & indemnity or war risks association. In respect of the vessel owned by murrayfield and known as "chelsfield" (see doc 25 for further details).

All monies due or to become due from the company to the chargee secured by a mortgage of even date and regulated by the facility agreement as defined therein (as from time to time may be amended).

Citibank N.A.

All the murrayfields right, title and interest, all policies & contracts of insurance and all entries in a protection & indemnity or war risks association which are now or may hereafter be taken out or effected in respect of the vessel owned by murrayfield known as "westfield" (see doc 24 for further details).

All monies due or to become due from the company to the chargee secured by a mortgage of even date and regulated by the facility agreement as defined therein (as from time to time be amended)

Citibank N.A.

All of the interest of murrayfield in and to the sixty four sixty fourth shares in the motor vessel "chelsfield" registered under the british flag at the port of hong kong official no. 708289.

All monies due or to become due from the company to the chargee on an account current under the terms of the facility agreement as defined and a deed of covenants of even date each as may from time to time be amended.

Citibank N.A.

All the interest of the company in and to the 64, 64TH shares in the motorvessel westfield registered under the british in hongkong o/n 708313.

All monies due or to become due from buries markes limited and/or warren shipping company LTD to the chargee on an accout current pursuant to a facility agreement dated 1-11-84 and deed supplemental thereto and for securing all moneys due or to become due from the company to the chargee on an account current pursuant to a deed of covenant of even date

Citibank N.A.

All the interest of the company in and to the 64, 64TH shares in the motorvessel westfield registered under the british in hongkong o/n 78313.

All monies due or to become due from buries markes limited and/or warren shipping company LTD to the chargee on an account current pursuant to a facility agreement dated 1-11-84 and deed supplemental thereto and for securing all moneys due or to become due from the company to the chargee on an account current pursuant to a deed of covenant of even date

Citibank N.A.

All the interest of the company in and to the 64, 64TH shares in the motorship chelsfield registered under the british flag in hong-kong o/n 708289.

All moneys due or to become due from buries markes limited and/or warren shipping company LTD to the chargee on an account current pursuant to a facility agreement dated 1-11-84 and deed supplemental thereto and for securing all moneys due or to become due from the company to the chargee on an account current pursuant to a deed of covenant of even date

Citibank N.A.

All of the interest of the company in & to the 64, 64TH shares in the motorship chelsfield registered under the british flag in hong kong o/n 708289.

All monies due or to become due from buries markes limited and/or warren shipping company LTD to the chargee on an accout current pursuant to a facility agreement dated 1.11.84 and deeds supplemental thereto and for securing all moneys due or to become due from the company to the chargee on an account current pursuant to a deed of covenant of even dated

Citibank N.A.

The present and future earnings of the vessel k/a "chelsfield" including all freights & hires etc. (for full details see doc M18).

All monies due or to become due from buries markes limited and warren shipping company LTD secured by a mortgage of even dated pursuant to a facility agreement dated 1.11.84 and deeds supplemental thereto and for securing all moneys due or to become due from the company to the chargee pursuant to the deed

Citibank N.A.

The present & future earnings of the vessel k/a "chelsfield" including freights and hires etc (for full details see doc M17).

All monies due or to become due from buries markes limited and/or warren shipping company LTD secured by a mortgage of even date pursuant to a facility agreement dated 1.11.84 and deeds supplemental thereto and for securing all moneys from the company to the chargee pursuant to the deed

Citibank N.A.

The present and future earnings of the vessel k/a "chelsfield" including freights and hires etc (for full details see doc M15).

All monies due or to become due from buries markes limited and/or warren shipping company LTD secured by a mortgage of eeven date pursuant to a facility agreement dated 1.11.84 and deeds supplemental thereto and for securing all moneys from the company to the chargee pursuant to the deed

Citibank N.A.

The present and future earnings of the vessel k/a "chelsfield" including freights and hires etc (for full deposits see doc M15).

All monies due or to become due from buries markes limited and/or warren shipping company LTD secured by a mortgage of even date pursuant to a facility agreement dated 1.11.84 and deeds supplemental thereto and for securing all moneys from the company to the chargee pursuance to the deed