GRACECHURCH UTG NO. 104 LIMITED

Company number 03431266

Charge dated 18TH january 1999 in the terms of the lloyd's united states situs credit for reinsurance trust deed (the "trust deed") but effective from 1ST january 1999 itself constituted by an instrument dated 7/9/95 (as amended and supplemented from time to time) and as supplemented by a deed of accession

• Created: 18 January 1999
• Delivered: 21 January 1999
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• The Trustee, Lloyd's, the Agent, All Policy Holders and Certain Other Persons or Bodies(As Further Defined on Form M395)

Amount secured

S by the trustee to an overseas fund (as defined in the trust deed) or to the superintendent of insurance of the state of new york or other designated receiver, and for securing the other amounts and obligations referred to in the trust deed

Short particulars

The principal at any time but excluding the investment income from time to time earned thereon (both capitalised terms having the meaning given thereto in section 11-2.1(b) of the new york estates, powers and trusts law), and the property in the actual and sole possession of the trustee (or held by the trustee in the name of a nominee) at any time and held under the provisions of the trust deed allocable to the particular trust created by the company with respect to the particular year of account of the relevant syndicate, and other property referred to in the trust deed.