ORBIT INVESTMENT SECURITIES SERVICES LIMITED

Company number 04026161

Pledge agreement governing pledges of cash collateral by participants in the euroclear system

• Created: 27 December 2001
• Delivered: 17 January 2002
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• Euroclear Bank S.A./N.V.

Amount secured

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

All the borrower's right, title and interest in and to the pledged deposit accounts (see continutation sheet attached the form 395 for definition), including any credit balance which may appear therein and all interest accrued thereon.