FRAZER-NASH NDT LIMITED

Charge

Created on 19 Nov 1991

Delivered on 21 Nov 1991

Status outstanding

Persons Entitled

Midland Bank PLC

Amount Secured

Further securing all monies due or to become due from the company to the chargeesupplemental to the principal charge dated 17/7/90

Short Particulars

Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital and patents.

Transactions

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Fixed and floating

Created on 17 Jul 1990

Delivered on 01 Aug 1990

Status outstanding

Persons Entitled

Midland Bank PLC

Amount Secured

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

Short Particulars

Undertaking and all property and assets present and future including book & other debts uncalled capital.

Transactions

Debenture

Created on 18 Jan 1989

Delivered on 26 Jan 1989

Status fully-satisfied

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

Debenture

Created on 29 Apr 1986

Delivered on 30 Apr 1986

Status fully-satisfied

Persons Entitled

Non-Destructive Testers Limited

Amount Secured

All monies due or to become due from the company to the chargee under the terms of assets sale agreement of even date.

Short Particulars

The undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

Transactions