Brixton Limited

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THE PRINCIPAL OF AND INTEREST ON £120,00 0,000 10 5/8 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2012 OF THE COMPANY AND AL L OTHER MONEYS INTENDED TO BE SECURED BY THE SUPPLEMENTAL DEED AND THE PRINCIPAL TRUST DEED DATED 6TH DECEMBER 1989 AND DEEDS SUPPLEMENTAL THERETO DATED 19/11/1 991, 04/12/1996, 18/08/1997, 02/09/1997, 04/02/1998, 10/06/1998, 17/03/1999, 21/ 05/1999, 24/06/1999, 28/07/1999, 03/10/2 000, 10/01/03, 05/09/2003, AND 06/01/200 4 TO WHICH THE SUPPLEMENTAL DEED IS SUPP LEMENTAL

PAYMENT OF THE PRINCIPAL OF AND INTEREST ON THE £15,000,000 11.75 PER CENT.FIRST MORTGAGE DEBENTURE STOCK 2018 OF THE CO MPANY TOGETHER WITH THE PRINCIPAL OF AND INTEREST ON THE £15,000,000 11.25 PER C ENT.FIRST MORTGAGE DEBENTURE STOCK 2023 OF THE COMPANY TOGETHER WITH THE PRINCIP AL OF AND INTEREST ON THE £15,000,000 10 .75 PER CENT.FIRST MORTGAGE DEBENTURE ST OCK 2025 OF THE COMPANY TOGETHER WITH TH E PRINCIPAL OF AND INTEREST ON THE £30,0 00,000 9.5 PER CENT.FIRST MORTGAGE DEBEN TURE STOCK 2026 OF THE COMPANY AND ALL O THER MONEYS INTENDED TO BE SECURED BY TH E ABOVE DEED AND DEEDS SUPPLEMENTAL THER ETO

THE PRINCIPAL OF AND INTEREST ON £120,00 0,000 10 5/8 PER CENT.FIRST MORTGAGE DEB ENTURE STOCK 2012 OF THE COMPANY AND ALL OTHER MONIES INTENDED TO BE SECURED BY THE SUPPLEMENTAL DEED AND A TRUST DEED D ATED 6/12/1989 AND DEEDS DATED 19/11/199 1,4/12/1996,18/8/1997,2/9/1997,4/2/1998, 10/6/1998,17/3/1999,21/5/1999 AND 24/6/1 999 TO WHICH THE SUPPPLEMENTAL DEED IS S UPPLEMENTAL

£120,000,000 AND ALL OTHER MONIES INTEND ED TO BE SECURED BY THE SUPPLEMENTAL DEE D AND A TRUST DEED DATED 6 DECEMBER 1989 AND DEEDS SUPPLEMENTAL THERETO

THE PRINCIPAL AND INTEREST ON THE £120,0 00,000 10 5/8 PER CENT. FIRST MORTGAGE D EBENTURE STOCK OF BRIXTON ESTATE PLC AND ALL OTHER MONIES INTENDED TO BE SECURED BY THE SUPPLEMENTAL DEED AND A TRUST DE ED DATED 6TH DECEMBER 1989 AND DEEDS DAT ED 19TH NOVEMBER 1991, 4TH DECEMBER 1996 , 18TH AUGUST 1997, 4TH FEBRUARY 1998, 1 0TH JUNE 1998 AND 17TH MARCH 1999 ALL OF WHICH ARE SUPPLEMENTAL TO THE SAID TRUS T DEED DATED 6TH DECEMBER 1989

THE PRINCIPAL OF AND INTEREST ON THE 11. 75 PER CENT. FIRST MORTGAGE DEBENTURE ST OCK 2018 THE 11.25 PER CENT. FIRST MORTG AGE DEBENTURE STOCK 2023 THE 10.75 PER C ENT. FIRST MORTGAGE DEBENTURE STOCK 2025 AND THE 9.50 PER CENT. FIRST MORTGAGE D EBENTURE STOCK 2026 OF BRIXTON ESTATE PL C AND ALL OTHER MONEYS INTENDED TO BE SE CURED BY THE FIFTH SUPPLEMENTAL TRUST DE ED AND THE EXISTING DEEDS (AS THEREIN DE FINED) IN FAVOUR OF THE LAW DEBENTURE TR UST CORPORATION P.L.C.

THE PRINCIPAL OF AND INTEREST ON £120,00 0,00O 10 5/8 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2012 OF BRIXTON ESTATE PLC AND ALL OTHER MONEYS INTENDED TOBE SECU RED BY THE DEED OF CHARGE OF RELEASE AND THE EXISTING DEEDS (AS THEREIN DEFINED)

THE PRINCIPAL OF AND INTEREST ON £120,00 0,000 10 5/8 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2012 OF THE COMPANY AND AL L OTHER MONIES INTENDED TO BE SECURED BY THE SUPPLEMENTAL DEED AND THE PRINCIPAL TRUST DEED DATED 6 DECEMBER 1989 AND DE EDS SUPPLEMENTAL THERETO (AS DEFINED)

THE PRINCIPAL OF AND INTEREST ON THE £12 0,000,000 10 5/8% FIRST MORTGAGE DEBENTU RE STOCK OF THE COMPANY AND ALL OTHER MO NIES INTENDED TO BE SECURED BY THE SUPPL EMENTAL TRUST DEED AND A TRUST DEED DATE D 6TH DECEMBER 1989 AND DEEDS DATED 19TH NOVEMBER 1991, 4TH DECEMBER 1996, 18TH AUGUST 1997 AND 2ND SEPTEMBER 1997 ALL O F WHICH ARE SUPPLEMENTAL TO THE SAID TRU ST DEED DATED 6TH DECEMBER 1989

THE PRINCIPAL OF AND INTEREST ON £120,00 0,000 10 5/8 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2012 OF THE COMPANY AND AL L OTHER MONIES INTENDED TO BE SECURED BY THE SUPPLEMENTAL DEED AND A PRINCIPAL T RUST DEED DATED 6 DECEMBER 1989 AND DEED S DATED 19 NOVEMBER 1991, 4 DECEMBER 199 6 AND 18 AUGUST 1997 TO WHICH THE SUPPLE MENTAL DEED IS SUPPLEMENTAL

THE PRINCIPAL AND INTEREST OF £120,000,0 00 10 5/8 PER CENT. FIRST MORTGAGE DEBEN TURE STOCK 2012 OF THE COMPANY AND ALL O THER SUMS SECURED BY THE SUPPLEMENTAL DE ED AND THE PRINCIPAL TRUST DEED DATED 6T H DECEMBER 1989 AND DEEDS DATED 19/11/91 AND 4/12/96 TO WHICH THIS DEED IS SUPPL EMENTAL

THE PRINCIPAL OF AND INTEREST ON THE £15 ,000,000 11.75% FIRST MORTGAGE DEBENTURE STOCK 2018 OF BRIXTON ESTATE PLC TOGETH ER WITH THE PRINCIPAL OF AND INTEREST ON THE £15,000,000 11.25% FIRST MORTGAGE D EBENTURE STOCK 2023 OF BRIXTON ESTATE PL C TOGETHER WITH THE PRINCIPAL OF AND INT EREST ON THE £15,000,000 10.75% FIRST MO RTGAGE DEBENTURE STOCK 2025 OF BRIXTON E STATE PLC TOGETHER WITH THE PRINCIPAL OF AND INTEREST ON THE £30,000,000 9.5% FI RST MORTGAGE DEBENTURE STOCK 2026 OF BRI XTON ESTATE PLC AND ALL OTHER MONEYS INT ENDED TO BE SECURED BY THE ABOVE DEED AN D DEEDS TO WHICH IT IS SUPPLEMENTAL

THE PRINCIPAL AND INTEREST ON THE £15,00 0,000 11.75 PER CENT.FIRST MORTGAGE DEBE NTURE STOCK 2018 OF BRIXTON ESTATE PLC, TOGETHER WITH THE PRINCIPAL AND INTEREST ON THE £15,000,000 11.25 PER CENT. FIRS T MORTGAGE DEBENTURE STOCK 2023 OF BRIXT ON ESTATE PLC, TOGETHER WITH THE PRINCIP AL AND INTEREST ON THE £15,000,000 10.75 PER CENT FIRST MORTGAGE DEBENTURE STOCK 2025 OF BRIXTON ESTATE PLC, TOGETHER WI TH THE PRINCIPAL AND INTEREST ON THE £30 ,000,000 9.5 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2026 OF BRIXTON ESTATES PL C AND ALL OTHER MONIES INTENDED TO BE SE CURED BY THE DEED AND THE DEEDS TO WHICH IT IS SUPPLEMENTAL

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FURTHER, IN FAVOUR OF THE CHARGEE THE PR INCIPAL OF AND INTEREST ON THE £15,000,0 00 11.75 PER CENT. FIRST MORTGAGE DEBENT URE STOCK 2018 TOGETHER WITH THE £15,000 ,000 11.25 PER CENT. FIRST MORTGAGE DEBE NTURE STOCK 2023 TOGETHER WITH THE £15,0 00,000 10.75 PER CENT. FIRST MORTGAGE DE BENTURE STOCK 2025 AND TOGETHER WITH THE £30,000,000 9.50 PER CENT. FIRST MORTGA GE DEBENTURE STOCK 2026 OF THE COMPANY A ND ALL OTHER MONIES INTENDED TO BE SECUR ED BY THE ABOVE DEED AND THE EXISTING DE EDS (AS DEFINED THEREIN) TO WHICH IT IS SUPPLEMENTAL

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FOR FURTHER SECURING IN FAVOUR OF THE LA W DEBENTURE TRUST CORPORATION PLC THE PR INCIPAL AMOUNT OF AND INTEREST ON THE £1 5,000,000 11.75 PER CENT.FIRST MORTGAGE DEBENTURE STOCK 2018 WITH £15,000,000 11 .25 PER CENT.FIRST MORTGAGE DEBENTURE ST OCK 2023 TOGETHER WITH THE 15,000,000 10 .75 PER CENT.FIRST MORTGAGE DEBENTURE ST OCK 2025 AND THE 30,000,000 9.50 PER CEN T.FIRST MORTGAGE DEBENTURE STOCK 2026 AN D ALL OTHER MONEYS INTENDED TO BE SECURE D BY THE ABOVE DEED AND EXISTING DEEDS ( AS DEFINED IN THE ABOVE DEED) TO WHICH I T IS SUPPLEMENTAL

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£80,000,000 10 5/8 % FIRST MORTGAGE DEBE NTURE STOCK 2012 CREATED UNDER TRUST DEE D OF 6TH DECEMBER 1989 AND £40,000,000 C REATED UNDER THIS DEED AND ALL OTHER MON IES DUE OR TO BECOME DUE FROM THE COMPAN Y AND/OR ALL OR ANY OF THE OTHER COMPANI ES NAMED THEREIN TO THE CHARGEE AS SECUR ED BY THE PRINCIPAL TRUST DEED AND THIS DEED

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£80,000,000

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£30,000,000

£0

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STERLING POUNDS 1,500,000 6 1/4% FIRST M ORTGAGE DEBENTURE STOCK 1986/1991 OF THE COMPANY SUPPLEMENTAL TO THE PRINCIPAL TR UST DEED DATED 19.6.64 AND DEEDS SUPPLEM ENTAL THERETO.

£0

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STERLING POUNDS 1,500,000 6 1/4% FIRST M ORTGAGE DEBENTURE STOCK 1986/1991 SECURE D BY A TRUST DEED DATED 19.6.64 & DEEDS SUPPLEMENTAL THERETO.

£0

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STERLING POUNDS 3,000,000

DEBENTURE STOCK OF THE COMPANY AMOUNTING TO STERLING POUNDS 3,000,000 6%. FIRST MORTGAGE DEBENTURE STOCK 1983/88.

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STERLING POUNDS 1500.000 AND ALL OTHER M ONEYS INTENDED TO BE SECURED BY THE TRUS ST DEED DATED 19TH JUNE 1964

STERLING POUNDS 1750000

STERLING POUNDS 158,045 SUPPLEMENTAL LTD A TRUST DEED DATED 15.2.1946

STERLING POUNDS 3,000,000 6% FIRST MORTG AGE DEBENTURE STOCK 1983-88 OF THE COMPA NY & ALL OTHER MONIES DUE OR TO BECOME D UE UNDER THE TERMS OF A TRUST DEED DATED 11.2.63 AND DEEDS SUPPLEMENTAL THERETO

STERLING POUNDS 1,500,000 & ALL OTHER MO NIES DUE OR TO BECOME DUE FROM THE COMPA NY TO THE CHARGEE UNDER THE TERMS OF A T RUST DEED DATED 27TH JULY 1967.

FURTHER SECURING STERLING POUNDS 1,500,0 00 SECURED BY TRUST DEED DATED 19-6-64.

FOR SECURING DBENTURE STOCK OF THE COMPA NY AMOUNTING TO STERLING POUNDS 3,000,00

EFFECTING SUBSTITUTION OF SECURITY FOR S ECURING DEBENTURE STOCK & THE COMPANY AM OUNTING TO STERLING 2,500,000 SECURED BY A TRUST DECD DATED 10 FEBRUARY 1972.

FOR FURTHER SECURING DEBENTURE STOCK OF THE COMPANY AMOUNTING TO STERLING 3,000, 000 SECURED BY A TRUST DEED DATED 11/2-6 3 AND DEEDS SUPPLEMENTAL THERETO.

FOR FURTHER SECURING DEBENTURE STOCK OF THE COMPANY AMOUNTING TO £3,000,000 SECU RED BY A TRUST DEED DATED SUPPLEMENTAL THERETO

FOR FURTHER SECURING DEBENTURE STOCK OF THE COMPANY AMOUNTING TO STERLING POUNDS 1,500,000 SECURED BY A TRUST DEED DATED 19/10/64 AND DEEDS SUPPLEMENTED THERETO

STERLING POUNDS 750,000

FOR SECURING STERLING POUNDS 1,000,000

STERLING POUNDS 900,990

FOR FURHER SECURING DEBENTURE STOCK OF T HE COMPANY AMOUNTING TO £3,000,000 SECUR ED BY A TRUST DEED DATED 11/2/63

1,000,000 SECURED BY CHARGE 19-12-63

£2,500,000

DEBENTURE STOCK OF THE COMPANY AMOUNTING TO £1,500,000 OUTSTANDING UNDER AND SEC URED BY A TRUST DEED DATED 19/6/64 AND A SUPPLEMENTAL TRUST DEED DATED 30/10/67

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STERLING POUNDS 500000

STERLING POUNDS 500,000

STERLING POUNDS 500,000

STERLING POUNDS 500,000

STERLING POUNDS 500,000

EFFECTING SUBSTITUTION OF SECURITY FOR S ECURITY DEBT STOCK OF THE COMPANY AMOUNT ING TO STERLING 1,500,000 SECURED BY A T RUST DEED DATED 19/6/64

£1,500,000

STERLING POUNDS 250,000

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STERLING POUNDS 500,000

£1,500,000

STERLING POUNDS 1,500,000

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SEE COL 3

SEE COL 3.

£3,000,000

FOR SECURING STERLING POUNDS 4000,000 DE BENTURE STOCK SECURED BY A TRUST DEED DA TED 15/2/46