Lr Advertising Hoarding Limited

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ALL PRESENT AND FUTURE OBLIGATIONS DUE O R TO BECOME DUE FROM THE BORROWERS TO T HE CHARGEE AS AGENT AND TRUSTEE FOR THE SENIOR FINANCE PARTIES AND THE MEZZANINE FINANCE PARTIES (THE "SECURITY TRUSTEE" ) UNDER THE TERMS OF THE AFOREMENTIONED I NSTRUMENT CREATING OR EVIDENCING THE CHA RGE

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ALL PRESENT AND FUTURE OBLIGATIONS AND L IABILITIES WHETHER ACTUAL OR CONTINGENT AND WHETHER OWED JOINTLY OR SEVERALLY OR IN ANY OTHER CAPACITY WHATSOEVER OF LON DON AND REGIONAL INVESTMENTS LIMITED (TH E "BORROWER") AND/OR THE COMPANY (FORMER LY KNOWN AS TBI INVESTMENTS LIMITED) TH E CHARGEE (AS AGENT AND TRUSTEE FOR THE SECURED PARTIES) AND TO THE SECURED PART IES (AS DEFINED) FROM TIME TO TIME UNDER THE CREDIT AGREEMENT (AS DEFINED) AND A NY OTHER DOCUMENT GRANTED AS SECURITY FO R MONIES ARISING UNDER THE CREDIT AGREEM ENT

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ALL AMOUNTS DUE IN RESPECT OF THE £22,50 0,000 8 3/4 PER CENT FIRST MORTGAGE DEBE NTURE STOCK DUE 2019 ISSUED BY TBI FINAN CE PLC AND ALL OTHER MONIES PAYABLE TO T HE CHARGEE UNDER THE PRINCIPAL TRUST DEE D AND THE DEBENTURE STOCK

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