Technolog Limited

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ALL INDEBTEDNESS LIABILITIES AND OBLIGAT IONS WHICH ARE OR MAY AT ANY TIME BE DUE OWING OR INCURRED BY ANY GROUP COMPANY TO THE CHARGEE ON ANY ACCOUNT WHATSOEVER

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ALL INDEBTEDNESS, LIABILITIES AND OBLIGA TIONS WHICH ARE AS AT 22ND APRIL 1997 OR MAY AT ANY TIME THEREAFTER BE DUE, OWIN G OR INCURRED IN ANY MANNER WHATSOEVER T O THE CHARGEE UNDER THE WORKING CAPITAL FACILITY, BY ANY GROUP COMPANY WHETHER A CTUALLY OR CONTINGENTLY, WHETHER PURSUAN T TO THE GUARANTEE OR OTHERWISE, AND WHE THER SOLEY OR JOINTLY WITH ANY OTHER PER SON AND WHETHER AS PRINCIPAL OR SURETY P ROVIDED ALWAYS THAT THE SECONDARY SECURE D OBLIGATIONS WILL NOT INCLUDE ANY INDEB TEDNESS, LIABILITIES OR PAYMENT OBLIGATI ONS WHICH, IF GUARANTEED, SECURED OR OTH ERWISE COVENANTED TO BE PAID UNDER THE D EED WOULD CONSTITUTE FINANCIAL ASSISTANC E (AS DEFINED IN AND PROHIBITED BY SECTI ONS 151, 152 AND 154 OF THE COMPANIES AC T 1985) AND IN PARTICULAR WITHOUT LIMITA TION NO SECONDAY CHARGING COMPANY WILL B Y THE EXECUTION OF THE DEED GUARANTEE, S ECURE OR UNDERTAKE OBLIGATIONS IN RESPEC T OF THE TERM LOAN FACILITY OR THE LOAN NOTE GUARANTEE FACILITY MADE AVAILABLE T O THE FACILITIES AGREEMENT ("THE SECONDA RY SECURED OBLIGATIONS")

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