JAF RECTIFIER SPECIALISTS LIMITED

Deed of assignment

Created on 28 Sep 1995

Delivered on 17 Oct 1995

Status outstanding

Persons Entitled

Capital Asset Finance Limited

Amount Secured

All rentals and other sums due or to become due from the company to the chargee under the terms of a lease agreement of even date

Short Particulars

All rentals and other sums due from bba friction LTD under equipment lease agreement dated 12 september 1995 and lease purchase contract number 12.02412.521 thereto dated 28 september 1995 with the company.

Transactions

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Charge on sub-hires

Created on 27 Jul 1995

Delivered on 05 Aug 1995

Status outstanding

Persons Entitled

Tsb Asset Finance Limited

Amount Secured

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

Short Particulars

1) all its right title and benefit under or in the existing sub-leases including (without prejudice to the generality of the foregoing) the right to receive rental and other payments thereunder. 2) all its right title and benefit under or in the further sub-leases. See the mortgage charge document for full details.

Transactions

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Debenture

Created on 16 Aug 1984

Delivered on 23 Aug 1984

Status outstanding

Persons Entitled

Barclays Bank PLC

Amount Secured

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

Short Particulars

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.

Transactions