Cavendish Asset Management Limited

18 December 1981	Delivered on: 30 December 1981 Persons entitled: Barclays Merchant Bank Limited Classification: Assignment Secured details: All monies due or to become due from the company to the chargee under the terms of the charge. Particulars: Hire and earnings of and relating to M.T. "anco laveneign" of whatsoever nature. Outstanding	#3
5 December 1980	Delivered on: 23 December 1980 Persons entitled: Barclays Merchant Bank LTD Classification: Deed of covenant Secured details: For further securing all monies due or to become due from the company to the chargee securing by a mortgage 5.12.80. and the said deed of covenant was registered pursuant to section 95 of companies act 1948 on the 23RD december 1980. Particulars: 1) 64/64TH shares in the motor ship "anco princess" 2) an assignment of the insurances and earnings of the motor ship "anco princess" see schedule attached doc m 30. Outstanding	#2

5 December 1980	Delivered on: 23 December 1980 Persons entitled: Barclays Merchant Bank LTD Classification: Mortgage Secured details: All monies due or to become due from the company to the chargee on an account current pursuant to the terms of a facility letter dated 5.12.80. Particulars: 1) 64/64TH shares in the motor ship "anco princess" 2) an assignment of the insurances and earnings of the motor ship "anco princess" see schedule attached doc m 30. Fully Satisfied	#1

Charges