<SEC-DOCUMENT>0000950123-11-044312.txt : 20110504
<SEC-HEADER>0000950123-11-044312.hdr.sgml : 20110504
<ACCEPTANCE-DATETIME>20110504090012
ACCESSION NUMBER:		0000950123-11-044312
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20110428
ITEM INFORMATION:		Completion of Acquisition or Disposition of Assets
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20110504
DATE AS OF CHANGE:		20110504

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TECHNE CORP /MN/
		CENTRAL INDEX KEY:			0000842023
		STANDARD INDUSTRIAL CLASSIFICATION:	BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836]
		IRS NUMBER:				411427402
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17272
		FILM NUMBER:		11808315

	BUSINESS ADDRESS:	
		STREET 1:		614 MCKINLEY PL N E
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55413
		BUSINESS PHONE:		6123798854

	MAIL ADDRESS:	
		STREET 1:		614 MCKINLEY PLACE NE
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55413
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>c64446e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<TITLE>e8vk</TITLE>
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<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, DC 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>Current Report Pursuant to Section&nbsp;13 or 15(d)<BR>
Of the Securities Exchange Act of 1934</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Date of Report (Date of earliest event reported): <!-- xbrl,dc -->April&nbsp;28, 2011<!-- /xbrl,dc --></B>
</DIV>
<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>TECHNE CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact Name of Registrant as Specified in its Charter)</DIV>



<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Minnesota</B><BR>
(State or Other Jurisdiction of Incorporation)
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>0-17272</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>41-1427402</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Commission File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><FONT style="border-bottom: 1px solid #000000"><B>614 McKinley Place NE, Minneapolis, MN 55413</B></FONT><BR>
(Address of Principal Executive Offices) (Zip Code)
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>(612)&nbsp;379-8854</B><BR>
<DIV style="margin-top: 1px"><FONT style="border-top: 1px solid #000000">(Registrant&#146;s Telephone Number, Including Area Code)</FONT></DIV>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">Not Applicable<BR>
(Former Name or Former Address, if Changed Since Last Report)
</DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 6pt">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><FONT style="font-family: Wingdings">&#111;</FONT> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>








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<!-- link1 "Item&nbsp;2.01 Completion of Acquisition or Disposition of Assets" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;2.01 Completion of Acquisition or Disposition of Assets</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On April&nbsp;28, 2011, two wholly-owned subsidiaries of Techne Corporation (&#147;Techne&#148;), Research
and Diagnostic Systems, Inc., a Minnesota corporation (&#147;RDS&#148;), and R&#038;D Systems Europe Ltd.
(&#147;RDSE&#148;), a United Kingdom company, entered into a Share Purchase Agreement (the &#147;Agreement&#148;) with
the shareholders of Tocris Holdings Limited (&#147;Tocris&#148;), a United Kingdom company, pursuant to which
RDS and RDSE collectively acquired all of the outstanding stock of Tocris. Through the acquisition
of Tocris, RDS and RDSE also acquired the following subsidiaries of Tocris (collectively the
&#147;Tocris Entities&#148;):
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris Investments Limited, a United Kingdom company and wholly-owned subsidiary
of Tocris;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris Cookson Limited, a United Kingdom company and wholly-owned subsidiary of
Tocris Investments Limited; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left"><B>&#149;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris Cookson, Inc., a Delaware corporation and wholly-owned subsidiary of
Tocris Cookson Limited.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RDS and RDSE acquired the shares of Tocris for total consideration of &#163;75.0&nbsp;million
(approximately $124&nbsp;million at the exchange rate of &#163;1.00:$1.6528 on April&nbsp;28, 2011), which
consists of approximately &#163;68.0&nbsp;million ($112.4&nbsp;million) paid to Tocris shareholders and
approximately &#163;7.0&nbsp;million (approximately $11.6&nbsp;million) used to pay the Tocris Entities&#146; external
debt at closing. Pursuant to the agreement, &#163;7.5&nbsp;million of the purchase price paid to Tocris&#146;
shareholders will be held in escrow for 18&nbsp;months to secure warranty and indemnity obligations of
the shareholders contained in the Agreement, and &#163;1.0&nbsp;million of the purchase price will be held in
escrow pending confirmation of the final levels of cash, debt and working capital of Tocris at
closing. The purchase price may be adjusted post-closing based on these measurements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the Agreement, the Tocris shareholders, other than the institutional shareholders,
are subject to non-compete and non-solicitation obligations for three years following the closing.
In connection with the acquisition, Tocris has entered into new employment agreements with key
managers of Tocris.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This description of the Agreement does not purport to be complete and is qualified in its
entirety by reference to such agreement, which is filed herewith as Exhibit&nbsp;2.1 and incorporated
herein by reference.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A copy of the press release announcing the acquisition is filed herewith as Exhibit&nbsp;99.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Techne will file certain financial statements with respect to Tocris and pro forma financial
information reflecting the acquisition of Tocris by amendment to this Report within 75 calendar
days of April&nbsp;28, 2011.
</DIV>
<!-- link1 "Item&nbsp;9.01 Financial Statements and Exhibits" -->

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01 Financial Statements and Exhibits</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Financial statements of a business acquired.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The audited financial statements of Tocris are not provided in this Report and will be filed
by amendment to this Report within 75 calendar days of April&nbsp;28, 2011.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Pro forma financial information.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pro forma financial information for Techne, reflecting the acquisition of Tocris, is not
provided in this Report but will be filed by amendment to this Report within 75 calendar days of
April&nbsp;28, 2011.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Exhibits
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Share Purchase Agreement by and among Research and Diagnostic Systems, Inc.,
R&#038;D Systems Europe Ltd., and the shareholders of Tocris Holdings Ltd., dated April&nbsp;28,
2011.*</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">99.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Press Release, dated May&nbsp;3, 2011.</TD>
</TR>

</TABLE>
</DIV>


<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Item&nbsp;601(b)(2) of Regulation&nbsp;S-K, Schedule&nbsp;1, the Documents in the Agreed Form, the
Annexures and the Disclosure Letter to the Share Purchase Agreement (all as identified therein)
have been omitted from this Report and will be furnished supplementally to the SEC upon request.</TD>
</TR>

</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">





<!-- link1 "SIGNATURE" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SIGNATURE
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="2" align="left">TECHNE CORPORATION<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: May 3, 2011&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Thomas E. Oland
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">Thomas E. Oland&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">President and Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>
<!-- link1 "EXHIBIT INDEX" -->

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">EXHIBIT INDEX
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="7%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="90%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Exhibit No.</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">2.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Share Purchase Agreement by and among Research and Diagnostic Systems, Inc.,
R&#038;D Systems Europe Ltd., and the shareholders of Tocris Holdings Ltd., dated April&nbsp;28,
2011.*</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">99.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Press Release, dated May&nbsp;3, 2011.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left">*</TD>
    <TD>&nbsp;</TD>
    <TD>Pursuant to Item&nbsp;601(b)(2) of Regulation&nbsp;S-K, Schedule&nbsp;1, the Documents in the Agreed Form, the
Annexures and the Disclosure Letter to the Share Purchase Agreement (all as identified therein)
have been omitted from this Report and will be furnished supplementally to the SEC upon request.</TD>
</TR>

</TABLE>




<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-2.1
<SEQUENCE>2
<FILENAME>c64446exv2w1.htm
<DESCRIPTION>EX-2.1
<TEXT>
<HTML>
<HEAD>
<TITLE>exv2w1</TITLE>
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;2.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><U>DATED</U> <U>28 APRIL 2011</U>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>(1)&nbsp;ANDREW BIRNIE AND OTHERS</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>(2)&nbsp;TOTAL CAPITAL FINANCE LIMITED</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>(3)&nbsp;R&#038;D SYSTEMS EUROPE LIMITED AND RESEARCH AND DIAGNOSTIC SYSTEMS, INC</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>SHARE PURCHASE AGREEMENT</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>relating to</B>
</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>the acquisition of the entire issued share<BR>
capital of Tocris Holdings Limited</B><BR>
<DIV align="center"><DIV style="FONT-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">Cobbetts LLP<BR>
No. 1 Whitehall Riverside<BR>
Leeds<BR>
LS1 4BN<BR>
DX: 14085 Leeds Park Square<BR>
Tel: 0845 404 2404<BR>
Fax: 0845 404 2424
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">NXB/TE274.1
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CONTENTS</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Clause</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Page</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">1 DEFINITIONS AND INTERPRETATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">2 SALE AND PURCHASE AND WAIVER OF PRE-EMPTION RIGHTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">3 PURCHASE PRICE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">4 COMPLETION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">10</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">5 HOLDBACK</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">6 WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">18</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">7 TAX COVENANT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">8 RESTRICTIONS ON SELLERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">20</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">9 ANNOUNCEMENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">22</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">10 CAPACITY AND TITLE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">23</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">11 INDEMNITIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">24</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">12 FURTHER ASSURANCE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">13 ASSIGNMENT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">14 WHOLE AGREEMENT</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">15 VARIATION AND WAIVER</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">16 COSTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">17 SELLERS&#146; REPRESENTATIVE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">27</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">18 BUYERS&#146; REPRESENTATIVE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">19 NOTICES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">29</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">20 SEVERANCE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">21 AGREEMENT SURVIVES COMPLETION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">22 THIRD PARTY RIGHTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">23 LIMITATION ACT 1980</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">24 SUCCESSORS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">25 COUNTERPARTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">26 GOVERNING LAW AND JURISDICTION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">31</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 1</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">32</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 THE SELLERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 DETAILS OF THE BUYERS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 2 THE TARGET GROUP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 THE COMPANY</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">42</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 OTHER MEMBERS OF THE TARGET GROUP</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">43</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 3 PROPERTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">46</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 3 COMPLETION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">47</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 SELLERS&#146; COMPLETION DOCUMENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">47</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 TCF COMPLETION DOCUMENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">48</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 3 BUYERS&#146; COMPLETION DOCUMENTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">48</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 4 WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 GENERAL WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">49</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left"><B>Clause</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" colspan="3"><B>Page</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 PROPERTY WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">70</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 3 PENSION WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">73</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 5 LIMITATIONS ON LIABILITY</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 DEFINITIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 LIMITATIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">78</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 6 TAX SCHEDULE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">83</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 DEFINITIONS AND INTERPRETATION</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">83</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 TAX WARRANTIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">87</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 3 TAX COVENANT AND COVENANT TO THE WARRANTORS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">94</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 4 LIMITATIONS AND PROCEDURE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">95</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">SCHEDULE 7 COMPLETION ACCOUNTS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">102</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 1 DEFINITIONS</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">102</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 2 PREPARATION AND DISPUTES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">103</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 3 PREPARATION OF COMPLETION ACCOUNTS AND ACCOUNTING POLICIES</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">105</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 4 ADJUSTMENT OF THE PURCHASE PRICE</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">107</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">PART 5 PRO FORMA COMPLETION BALANCE SHEET</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">109</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Documents in the agreed form</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">1</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Minutes.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">2</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Releases</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">3</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Voting power of attorney.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">4</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Resignation letters of Resigning Executives.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">5</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Service Agreements.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">6</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Compromise Agreements.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">7</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Holdback Letter.</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">8</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Indemnities for lost share certificates</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Annexures</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="88%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="left" valign="top">1</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Accounts</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">2</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">The Management Accounts</DIV></TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top">3</TD>
    <TD>&nbsp;</TD>
    <TD><DIV style="margin-left:15px; text-indent:-15px">Worked examples of the calculation of each of the Cash, Debt and Working Capital</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><B>THIS AGREEMENT </B>is made on
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">28 APRIL 2011</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>BETWEEN:</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THE SEVERAL PERSONS </B>(other than TCF) whose names and addresses are set out in Column (1)&nbsp;of
Part&nbsp;1 of Schedule&nbsp;1, together with Graham Miller of Fosseway Lodge, Fosse Lane, Bath BA1 7JS
(together the <B>&#147;Sellers&#148;</B>); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TOTAL CAPITAL FINANCE LIMITED </B>whose registered office is set out in Column (1)&nbsp;of Part&nbsp;1 of
Schedule&nbsp;1 (<B>&#147;TCF&#148;</B>); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THE SEVERAL PERSONS </B>whose names and addresses are set out in Column (1)&nbsp;of Part&nbsp;2 of Schedule
1 (the <B>&#147;Buyers&#148;</B>).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>BACKGROUND</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers and TCF have agreed to sell and the Buyers have agreed to buy the Sale
Shares on and subject to the terms and conditions of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Joanne Clarke (one of the Sellers) holds the legal interest in the number of Sale
Shares set opposite her name in Column (2)&nbsp;of Schedule&nbsp;1 as nominee for and on behalf of
Graham Miller who is entitled to the sole beneficial interest in the same.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>AGREED TERMS</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DEFINITIONS AND INTERPRETATION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The definitions set out in this Clause 1.1 apply in this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Accounts&#148; </B>the audited consolidated accounts and financial statements (and the
reports thereon) of the Company and the Target Group as at and for the period ended
on the Accounts Date and the audited accounts and financial statements (and the
reports thereon) of each Target Group Company as at the Accounts Date (copies of all
of which comprise Annexure 1).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Accounts Date&#148; </B>31 December&nbsp;2010.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Business&#148; </B>the business of the development, manufacture, marketing, sale and supply
of chemical reagents carried on by the Target Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Business Day&#148; </B>a day (other than a Saturday or Sunday or public holiday) when banks
in London are open for general banking business.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Buyers&#146; Representative&#148; </B>Thomas E Oland c/o Techne Corporation, 614 McKinley Place
NE, Minneapolis MN 55413.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Buyers&#146; Solicitors&#148; </B>Cobbetts LLP of Cobbetts LLP, No. 1 Whitehall Riverside, Leeds,
LS1 4BN.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Cash&#148; </B>the consolidated cash book balance of the Target Group Companies as at the
close of business on the Completion Date when expressed in sterling based on the
exchange rates published on OANDA.COM on the Completion Date as shown in the
Completion Accounts and comprising the following:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all deposits repayable on demand with any bank or other
financial institution as at the Completion Date; plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>cleared cash balances shown on the bank statements of each
Target Group Company as at the Completion Date (to the extent not already
included in the cash book balance); plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>cash in transit and cheques received and paid into a Target
Group Company bank account on or before the Completion Date and which clear on
first presentation after the Completion Date; plus</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>petty cash/cash in hand of the Target Group counted on the
Completion Date to the extent not already included in the cash book balance;
plus</TD>
</TR>




</TABLE>
</DIV>
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</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount payable to the Company by the Buyers pursuant to
Clause 4.3.4, being the amount which is equal to the aggregate of the exercise
price payable by those of the Sellers who acquired their Sale Shares upon the
exercises of the Options granted to them as a result of the cashless exercise
mechanism provided for in the terms upon which such Options were granted,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and, for the avoidance of doubt, <B>&#147;Cash&#148; </B>shall exclude: (i)&nbsp;any amounts included in
the amounts of Completion Working Capital, Debt, External Debt and Retained Cash;
and (ii)&nbsp;any amount which is not freely available to be used by the Target Group as
at the Completion Date including, for example, any amount held by or on behalf of
any Target Group Company to support trading or financial guarantees.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Cash and Debt Statement&#148; </B>the statement of the amounts of Cash, Debt and the
Net Debt Amount prepared in accordance with the principles in Schedule&nbsp;7 which
comprises part of the Completion Accounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Code&#148; </B>the United States Internal Revenue Code of 1986, as amended, or any
successor law, and any regulations promulgated by the United States Internal Revenue
Service pursuant to that Code or any successor law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Companies Act&#148; </B>the Companies Act 2006.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Company&#148; </B>Tocris Holdings Limited, a private company limited by shares, further
details of which are set out in Part&nbsp;1 of Schedule&nbsp;2 (The Target Group).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Company Account&#148; </B>the bank account of the Company with National Westminster Bank plc
(sort code 60-01-29, account number 50013467).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Competition Law&#148; </B>the national and/or directly effective and directly
applicable legislation of any jurisdiction, which governs the conduct of persons in
relation to: (i)&nbsp;restrictive or other anti-competitive agreements or practices
(including cartels, pricing, resale pricing, market sharing, bid rigging, terms of
trading, purchase or supply and joint ventures); (ii)&nbsp;dominant or monopoly market
positions (whether held individually or collectively); (iii)&nbsp;the control of
acquisitions or mergers; (iv)&nbsp;state aid; (v)&nbsp;public procurement; and/or (vi)
anti-dumping.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion&#148; </B>completion of the sale and purchase of the Sale Shares in accordance
with this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion Accounts&#148; </B>the Completion Balance Sheet and the Cash and Debt Statement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion Balance Sheet&#148; </B>the balance sheet substantially in the form set out in
Part&nbsp;5 of Schedule&nbsp;7 which is prepared in accordance with the principles in Schedule
7 and comprising the unaudited consolidated balance sheet of the Target Group as at
the Completion Date and including a statement of the Completion Working Capital.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion Cash&#148; </B>the consolidated cash book balance of the Target Group as at
Completion expressed in sterling based on the exchange rates published on OANDA.COM
on the close of business on the Completion Date, and taking into account all cash
balances of the Target Group including any foreign currency amounts and including
the Retained Cash.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion Date&#148; </B>the date of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Completion Working Capital&#148; </B>the amount of the current assets less the current
liabilities of the Target Group as at the Completion Date excluding Cash, Debt,
External Debt and Retained Cash and as shown in and comprising those items set out
in the Completion Balance Sheet, as finally agreed, deemed agreed or determined (as
the case may be) in accordance with Schedule&nbsp;7.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Compromise Agreements&#148; </B>the agreements in the agreed form to be entered into between
the Company and each of (i)&nbsp;Jennifer Birnie and (ii)&nbsp;Hazel Ede on Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Confidential Information&#148; </B>all information (including know how and trade secrets)
not in the public domain relating to:</TD>
</TR>




</TABLE>
</DIV>
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</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Target Group Company and/or the Business; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any member of the Buyers&#146; Group and which any of the Sellers or
TCF has received or obtained at any time.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Connected&#148; </B>in relation to a person, has the meaning contained in section 1122 of
the Corporation Tax Act 2010.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Connected Debt&#148; </B>all borrowings and indebtedness of and other money owed (in each
case, whether actually or contingently) together with all interest (if any) accrued
and payable thereon as at the Completion Date by each Target Group Company to any
of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sellers (other than regular salary and emoluments payable
in accordance with their terms and conditions of employment and any expenses
payable in the normal course of their duties);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any current or former officer, director or employee of any
shareholder or investor in any of the Sellers (as applicable);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Executive or former Executive (other than regular salary,
emoluments payable in accordance with their terms and conditions of employment
and any expenses payable in the normal course of their duties); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any person Connected with any of the persons referred to in the
foregoing paragraphs (a)&nbsp;to (c) (inclusive).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Consolidated Cash Balance&#148; </B>the consolidated cash book balance of the Target Group
as at the close of business on each Business Day when expressed in pounds sterling
based on the exchange rates published on OANDA.COM for the relevant Business Day,
and taking into account all cash balances of the Target Group including any foreign
currency amounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Consultant&#148; </B>a person who is not an Employee but is engaged by and/or providing
services to any Target Group Company under an agreement which is not a contract of
employment with that Target Group Company , including where the individual:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>acts as a Director or consultant;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is on secondment from an employer which is not a Target Group
Company; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is supplied to a Target Group Company by an agency or other
similar organisation.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Control&#148; </B>in relation to a body corporate, means the power of a person to secure
that the affairs of the body corporate are conducted in accordance with the wishes
of that person:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>by means of the holding of shares, or the possession of voting
power, in or in relation to that or any other body corporate; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>by virtue of any powers conferred by the constitutional or
corporate documents, or any other document, regulating that or any other body
corporate;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and a <B>&#147;Change of Control&#148; </B>occurs if a person who Controls any body corporate ceases
to do so or if another person acquires Control of it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Costs&#148; </B>all claims, obligations, liabilities, losses, damages, costs (including
legal costs) and expenses (including Taxation) in each case of any nature
whatsoever, whensoever and howsoever arising.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Covenants&#148; </B>the covenants and undertakings contained in Clause 8.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Customer&#148; </B>a person who is at the Completion Date, or who has been at any time
during the period of 12&nbsp;months immediately preceding the Completion Date, a client
or customer of any Target Group Company.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 3 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Data Protection Acts&#148; </B>the Data Protection Act 1998 (as amended from time to time)
and any other applicable statutory obligations or guidelines relating to the
processing of Personal Data (as such term is defined in the Data Protection Act
1998) together with all similar and applicable obligations imposed by any U.S.
federal, state or local law or regulation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Debt&#148; </B>all obligations and liabilities of the Target Group Companies (or any of
them) as at the Completion Date and as shown in the Completion Accounts, in respect
of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>bank debt, discounting or similar facilities, loan stocks,
bonds, debentures, notes, debt or inventory financing or sale and leaseback
arrangements, acceptance credits, letters of credit, discounting or similar
facilities, overdrafts, derivatives and hedging contracts, hire purchase
arrangements, capital leases and finance leases, factoring arrangements,
guarantees, any off balance sheet liabilities and any other arrangements the
purpose of which is to raise money; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all advance payments of any kind paid to any Target Group
Company for which a service or product to which they relate has not been
provided in full as at the Completion Date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all dividends declared but not paid in full as at the
Completion Date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any deferred consideration that may be payable relating to any
goods or services (other than trade payables or accruals incurred in the
ordinary course of business) or that may be payable relating to any
acquisitions that any Target Group Company has made prior to the Completion
Date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all payments due and payable as at the Completion Date or which
are otherwise referable to any period prior to the Completion Date or to the
Transaction and to which any officer or employee of any Target Group Company is
entitled (including, by way of bonus, but excluding those bonuses the Company
has confirmed it will pay to Employees for the current financial year amounting
to &#163;73,811.50 in aggregate) and which have not been paid in full prior to the
Completion Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all Connected Debt; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any amounts paid or due and payable or which becomes due and
payable consequent upon the Transaction to any Employee resident in the US by
any Target Group Company pursuant to any employee incentive scheme or
arrangement including but not limited to the US EMI Scheme Alternative.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>including any termination or break and other fees (including any fees arising as a
consequence of the Transaction), costs, charges, interest, expenses and Taxation
associated with any of the foregoing but excluding, for the avoidance of doubt, any
debt owed to any other Target Group Company, the External Debt, all Cash and
Retained Cash and all items treated as creditors (whether trade or otherwise),
accruals, corporation tax and other Tax and which is included in the Completion
Working Capital.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Determination Date&#148; </B>has the meaning defined in Paragraph&nbsp;2.1 of Part&nbsp;4 of Schedule
7.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Director&#148; </B>a director or shadow director of any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Disclosed&#148; </B>fairly disclosed in the Disclosure Letter in such manner and in such
detail so as to enable the Buyers to identify and understand the nature and scope of
the matter disclosed and to make a reasonably informed and a materially accurate
assessment of the matter so disclosed.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Disclosure Bundle&#148; </B>the documents which are listed in the index which comprises the
Schedule to the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Disclosure Letter&#148; </B>the letter from the Warrantors to the Buyers with the same date
as this agreement making certain disclosures against the Warranties.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 4 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Employee&#148; </B>a person who is employed by any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Encumbrance&#148; </B>any interest or equity of any person (including any right to acquire,
option or right of pre-emption) or any mortgage, charge, pledge, lien, assignment,
hypothecation, security interest, title retention or any other security agreement or
arrangement, or any agreement to create any of the above.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Excess&#148; </B>has the meaning defined in Paragraph&nbsp;2.1 of Part&nbsp;4 of Schedule&nbsp;7.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Executive&#148; </B>an Employee, Director or officer of any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;External Debt&#148; </B>all monies and liabilities due, owing or incurred as at the
Completion Date (including any sum payable by virtue of the termination of any
banking or financial facility) by any Target Group Company to National Westminster
Bank plc, TCF and any member of its or their Group; and in each case, on any account
and whether actual or contingent including, without limitation, any dividends or
other distributions, all interest, costs, fees (including termination fees) and
expenses or other payments arising under or in connection with (or the termination
of) any such facilities or arrangements or any other arrangements provided by Royal
Bank of Scotland plc and/or any member of its Group to any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;General Claim Notification Date&#148; </B>has the meaning defined in Paragraph&nbsp;3 of Schedule
5.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Group&#148; </B>in relation to a company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any company which is from time to time a subsidiary of that
company; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any company of which that company is a subsidiary from time to
time (its holding company) and any other subsidiaries of any such holding
company from time to time.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Holdback Account&#148; </B>the designated interest-bearing deposit account to be opened by
the Buyers&#146; Solicitors at or prior to Completion in the joint names of the Buyers&#146;
Solicitors and the Sellers&#146; Solicitors for the purpose of holding the Holdback
Amount.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Holdback Amount&#148; </B>the Warranty Holdback Amount and the Purchase Price Holdback
Amount.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Holdback Letter&#148; </B>the letter in the agreed form from the Sellers, TCF and the Buyers
to the Buyers&#146; Solicitors and the Sellers&#146; Solicitors in relation to the operation
of the Holdback Account.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Holdback Top-Up&#148; </B>has the meaning defined in Clause 5.2.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;HMRC&#148; </B>HM Revenue &#038; Customs.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Insurance Policies&#148; </B>all insurance policies maintained by or on behalf of the Target
Group or any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;IPR&#148; </B>patents, utility models, rights to inventions, copyright and related rights,
moral rights, trade marks, service marks, trade names, business names, domain names,
rights in trade dress or get-up, rights to goodwill or to sue for passing off or for
unfair competition, rights in designs, rights in computer software, database rights,
topography rights, rights in confidential information (including know-how and trade
secrets) and any other intellectual property rights, in each case whether registered
or unregistered and including all applications (or rights to apply) for and renewals
or extensions of such rights, and all similar or equivalent rights or forms of
protection in any part of the world.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;IPR Licences&#148; </B>all licences and agreements under which the Target Group or any
Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>uses or exploits IPR owned by any third party; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has licensed or agreed to license Target Group IPR to, or
otherwise permitted the use of any Target Group IPR by, any third party.</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->Page 5 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;IT Contracts&#148; </B>all arrangements and agreements under which any third party
(including source code deposit agents) provides any element of, or services relating
to, the IT System, including leasing, hire purchase, licensing, maintenance and
services agreements.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;IT System&#148; </B>all computer hardware (including network and telecommunications
equipment) and software (including associated preparatory materials, user manuals
and other related documentation) owned, used, leased or licensed by or to the Target
Group or any Target Group Company but excluding any part of the IT System forming
part of a public communications network.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Licences&#148; </B>all licences, consents, permits and authorities granted to or held or
maintained by or on behalf of the Target Group or any Target Group Company other
than the IPR Licences.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Management Accounts&#148; </B>the unaudited management accounts of the Target Group prepared
on a consolidated basis for the 2&nbsp;month period to 28 February&nbsp;2011, a true and
complete copy of which comprises Annexure 2.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Material Contract&#148; </B>all distributor or agency agreements or arrangements and all
agreements or arrangements with Material Suppliers, together with any other
agreements or arrangements to which any Target Group Company is a party or is bound
and which is of material importance to the business, profits or assets of any Target
Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Maximum Retained Cash Shortfall&#148; </B>shall have the meaning as set out in Clause 4.6.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Minutes&#148; </B>the minutes, in the agreed form, of each Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Net Debt Amount&#148; </B>the amount of the Debt minus the amount of the Cash (such that the
amount of the <B>&#147;Debt&#148; </B>and the amount of the <B>&#147;Cash&#148; </B>shall each be expressed as
positive numbers and so that <B>&#147;Net Debt Amount&#148; </B>may be either a positive number or a
negative number).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Normal Working Capital&#148; </B>&#163;4,200,000 (four million two hundred thousand pounds
sterling).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Options&#148; </B>the options to acquire shares in the capital of the Company, being options
to subscribe for 416,440 new ordinary shares of &#163;0.10 each pursuant to the share
option plan established and adopted by the Company on 29 June&nbsp;2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Ordinary Shares&#148; </B>the ordinary shares of &#163;0.10 each in the capital of the Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Other Land&#148; </B>any land and/or buildings that have, at any time before the Completion
Date, been owned (under whatever tenure) and/or occupied and/or used by any Target
Group Company but which are either no longer owned, occupied or used by a Target
Group Company or are owned, occupied or used by a Target Group Company but are not
the Properties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Outstanding Claim&#148; </B>has the meaning defined in Clause 5.4.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Owing Holdback Amount&#148; </B>has the meaning defined in Clause 5.2.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Parties&#148; </B>the parties to this agreement, each being a <B>&#147;Party&#148;</B>.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Pensionable Employee&#148; </B>any current or former officer or employee of any Target Group
Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Pension Schemes&#148; </B>has the meaning given in Part&nbsp;3 of Schedule&nbsp;4.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Potential Customer&#148; </B>a person who is at the Completion Date, or who has been at any
time during the period of 12&nbsp;months immediately preceding the Completion Date,
negotiating with any Target Group Company for the supply by any Target Group Company
of goods or services.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Preference Shares&#148; </B>the 2,720,549 preferred ordinary shares of &#163;0.001 each in the
capital of the Company registered in the name of TCF.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">





</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 6 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Prohibited Area&#148;</B>:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the United Kingdom and the Republic of Ireland;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the United States of America; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the other countries in which Target Group Companies carry on
business as at today&#146;s date, being Germany, France, Italy, Switzerland, Spain,
Sweden, Netherlands, Belgium, Hungary, Poland, Finland, Norway, Denmark,
Portugal, Czech Republic, Austria, Iran, Japan, Korea, China, Taiwan,
Australia, India, Singapore, Canada, New Zealand.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Properties&#148; </B>the leasehold properties short particulars of which are set out in Part
3 of Schedule&nbsp;2 and <B>&#147;Property&#148; </B>means each and every one of them and any part or
parts of them.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Purchase Price&#148; </B>the purchase price for the Sale Shares, being the amount set out in
Clause 3.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Purchase Price Holdback Amount&#148; </B>&#163;1,000,000 (one million pounds sterling).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Purchase Price Holdback Release Date&#148; </B>the Determination Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;RDSEL&#148; </B>R&#038;D Systems Europe Limited, being one of the Buyers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;RDSI&#148; </B>Research and Diagnostic Systems Inc, being one of the Buyers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;REACH&#148; </B>means Regulation (EC)&nbsp;No 1907/2006 of the European Parliament and the
Council of 18 December&nbsp;2006 concerning the Registration, Evaluation, Authorisation
and Restriction of Chemicals, implemented in the United Kingdom through the
Registration, Evaluation, Authorisation and Restriction of Chemical (REACH)
Regulations 2006 and the the REACH Enforcement Regulations 2008.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Recognised Investment Exchange&#148; </B>has the meaning given in the Financial Services and
Markets Act 2000.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Releases&#148; </B>the deeds of release in the agreed form of all security interests and
Encumbrances over and in any way affecting the Target Group Companies and/or any of
their assets and/or the Sale Shares, whether granted in connection with the External
Debt or otherwise.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Relevant Benefits&#148; </B>benefits on retirement, death, disability, ill-health or
termination of employment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Relevant Claim&#148; </B>any claim under or pursuant to or as a result of any breach of any
of the Warranties, any of the warranties in Clause 10, any of the indemnities
contained in Clause 11 (Indemnities) and/or the Tax Covenant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Remaining Warranty Holdback Amount&#148; </B>has the meaning defined in Clause 5.4.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Resigning Executive&#148; </B>Anthony Kenny in respect of all Target Group Companies (save
for Tocris U.S.) and Hazel Ede and Jennifer Birnie in respect of Tocris Investments
Limited only.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Restricted Executive&#148; </B>a person who is at the Completion Date, or who has been at
any time during the period of 6&nbsp;months immediately preceding the Completion Date, an
Executive holding an executive or managerial position with any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Restricted Items&#148; </B>products and/or services which are competitive with those
supplied by any Target Group Company at the Completion Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Restricted Period&#148; </B>the period of 3&nbsp;years from the Completion Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Retained Cash&#148; </B>the sum of &#163;150,000 (one hundred and fifty thousand pounds sterling)
in cash.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Retained Cash Period&#148; </B>the period commencing on the Completion Date and ending on
the date which is 45&nbsp;days after the Completion Date.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 7 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Retained Cash Shortfall&#148; </B>the amount at the close of business on any Business Day
during the Restricted Cash Period by which the Consolidated Cash Balance is less
than Completion Cash.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Sale Shares&#148; </B>the 15,416,445 Ordinary Shares and the Preference Shares.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Sellers&#146; Nominated Account&#148; </B>the Sellers&#146; Solicitor&#146;s client account at Nat West
Bank; account name Osborne Clarke Client Account; account number 00708542 (ref:
0965395/RGC); sort code 56-00-05.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Sellers&#146; Representative&#148; </B>Laurence Ede, being one of the Sellers, or such other
person as may be appointed from time to time pursuant to and in accordance with
Clause 17.4.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Sellers&#146; Solicitors&#148; </B>Osborne Clarke of 2 Temple Back East, Temple Quay, Bristol,
BS1 6EG.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Settled&#148; </B>has the meaning set out in Clause 5.6.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Service Agreements&#148; </B>the agreements in the agreed form to be entered into with each
of Laurence Ede, Andrew Birnie, Duncan Crawford, David Peters and Karl Swift
relating to their employment with the Target Group following Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Shortfall&#148; </B>has the meaning defined in Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Target Assurances&#148; </B>all guarantees, security, indemnities, counter-indemnities,
bonds, letters of comfort and other similar obligations and assurances of any nature
whatsoever given or incurred by any Target Group Company which relate or relates in
whole or in part to debts or other liabilities or obligations (whether actual or
contingent) of any other person.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Target Group&#148; </B>the companies, particulars of which are set out in Part&nbsp;1 and Part&nbsp;2
of Schedule&nbsp;2 (Details of the Target Group) and the expression <B>&#147;member of the Target
Group&#148; </B>shall be construed accordingly.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Target Group Company&#148; </B>any member of the Target Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Target Group IPR&#148; </B>all registered IPR (including applications for such rights) and
material unregistered IPR owned by any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Tax&#148; </B>or <B>&#147;Taxation&#148; </B>has the meaning given in Part&nbsp;1 of Schedule&nbsp;6.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Tax Covenant&#148; </B>the tax covenant as set out in Part&nbsp;3 of Schedule&nbsp;6.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Tax Warranties&#148; </B>the warranties in Part&nbsp;2 of Schedule&nbsp;6.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;TCF Nominated Account&#148; </B>TCF&#146;s account; account name Total Capital Finance Limited;
account number 31268933; sort code 16-04-00.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Tocris US&#148; </B>Tocris Cookson Inc, further details of which are set out in Part&nbsp;2 of
Schedule&nbsp;2 (The Target Group).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Transaction&#148; </B>the transaction contemplated by this agreement or any part of such
transaction.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Transaction Documents&#148; </B>this agreement, the Disclosure Letter and any other
documents referred to in this agreement as being in the agreed form or otherwise
entered into pursuant to this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;US EMI Scheme Alternative&#148; </B>the EMI Scheme Alternative of Tocris US (also known as
the &#147;Phantom EMI Scheme&#148; or &#147;Phantom Option Scheme&#148;.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;United Kingdom&#148; </B>or <B>&#147;UK&#148; </B>the United Kingdom of Great Britain and Northern Ireland.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Warranties&#148; </B>the warranties in Clause 6, Schedule&nbsp;4 (Warranties), and the Tax
Warranties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Warrantors&#148; </B>Andrew Birnie, Jennifer Birnie, Laurence Ede, Hazel Ede, Anthony Kenny,
Robert Crews, Graham Miller, David Peters, Catherine Peters, Esmond Jones, Duncan
Crawford, Elsa Crawford, Karl Swift, Kim Swift and Sarah Edwards.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 8 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Warranty Holdback Amount&#148; </B>&#163;7,700,000 (seven million seven hundred thousand pounds
sterling).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>&#147;Warranty Holdback Release Date&#148; </B>the date which is 18&nbsp;months from but not including
the Completion Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The rules of interpretation set out in Clauses 1.3 to 1.19 (inclusive)&nbsp;apply in
this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Schedules to this agreement form part of (and are incorporated into) this
agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Clause and Schedule headings do not affect the interpretation of this
agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A <B>&#147;person&#148; </B>shall be construed so as to include any individual, firm, company,
government, state or agency of a state or any joint venture, association, partnership,
works council or employee representative body (whether or not having separate legal
personality).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Words in the singular include the plural and in the plural include the
singular.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A reference to one gender includes a reference to any other gender.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A reference to a statute, statutory provision, subordinate legislation, EC
Directive or other enactment:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is a reference to it as it is in force for the time being
taking account of any amendment, extension, or re-enactment; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>includes any statute, statutory provision, subordinate
legislation, EC Directive or other enactment which it amends or re-enacts;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>except to the extent that any such amendment, extension or re-enactment made after
the Completion Date would increase the liability of any Party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any reference to a statute or statutory provision includes any subordinate
legislation made under it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A reference to a <B>&#147;company&#148; </B>shall include any company, corporation or other body
corporate, wherever and however incorporated or established.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save as otherwise provided in this agreement and save where the context does
not otherwise admit, words and expressions defined in the Companies Act have the same
meaning in this agreement as the meaning defined in the Companies Act.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A document expressed to be an <B>&#147;Annexure&#148; </B>means a document a copy of which has
been identified as such and initialled by or on behalf of the Sellers, TCF and the
Buyers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Documents in <B>&#147;agreed form&#148; </B>are documents in the form agreed by the Parties or
on their behalf and initialled by them or on their behalf for identification.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any phrase introduced by the terms <B>&#147;including&#148;</B>, <B>&#147;include&#148;</B>, <B>&#147;in particular&#148; </B>or
any similar expression shall be construed as illustrative and shall not limit the sense
of the words preceding those terms.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unless otherwise expressly provided, the obligations and liabilities of the
Sellers under this agreement are joint and several.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All obligations and liabilities of TCF in this agreement shall be several and
not joint with any Sellers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>References to Clauses and Schedules are to Clauses and Schedules of this
agreement; references to Paragraphs are to Paragraphs of the relevant Schedule or the
relevant Part of the relevant Schedule (as the case may be).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any reference in this agreement to an English:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.18.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>statute, statutory provision or subordinate legislation (<B>&#147;English
Legislation&#148;</B>); or</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 9 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.18.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>legal term for any action, remedy, method of judicial proceeding, legal
document, legal status, court, official or any legal concept or thing (<B>&#147;English
Legal Term&#148;</B>);</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall, in respect of any person incorporated or established in a jurisdiction other
than England and Wales, be deemed to include a reference to that which most nearly
approximates to that English Legislation or English Legal Term in that jurisdiction.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A reference to a <B>&#147;Document&#148; </B>is a reference to the document contained in the
Disclosure Bundle with the corresponding number.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SALE AND PURCHASE AND WAIVER OF PRE-EMPTION RIGHTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers and TCF shall sell with full title guarantee the number of
Sale Shares set opposite its name in Column (2)&nbsp;of Part&nbsp;1 of Schedule&nbsp;1 and each of the
Buyers shall buy the number of Sale Shares set opposite its name in Column (2)&nbsp;of Part
2 of Schedule&nbsp;1 from the Sellers and TCF as set out in Column (3)&nbsp;of Part&nbsp;1 of Schedule
1 and on the terms and conditions of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers and TCF shall severally procure that the relevant Buyer
acquires good title to those of the Sale Shares set opposite its name in Column (2)&nbsp;of
Part&nbsp;1 Schedule&nbsp;1 free from all Encumbrances and together with all rights that attach
(or may in the future attach) to such Sale Shares including, in particular, the right
to receive all dividends and distributions declared, made or paid on or after
Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers and TCF hereby waive any right of pre-emption or other restriction
on transfer in respect of the Sale Shares under the articles of association of the
Company or otherwise and the Sellers shall, before Completion, procure the irrevocable
waiver of any such right or restriction conferred on any other person who is not a
Party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers shall not be obliged to complete the purchase of any of the Sale
Shares unless the sale and purchase of all the Sale Shares is completed simultaneously.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>PURCHASE PRICE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to adjustment in accordance with the provisions of Schedules 6 and
7<SUP style="FONT-size: 85%; vertical-align: text-top">1</SUP>, the Purchase Price shall be an amount equal to &#163;75,000,000 (seventy-five
million pounds sterling) less the amount of the External Debt.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Purchase Price received by the Sellers and TCF shall be apportioned between
them in the proportions set opposite their respective names in Column (4)&nbsp;of Part&nbsp;1 of
Schedule&nbsp;1. The Purchase Price payable by the Buyers shall be apportioned between them
in the proportions set opposite their respective names in Column (3)&nbsp;of Part&nbsp;2 of
Schedule&nbsp;1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Purchase Price in respect of the Sellers shall be deemed to be reduced on a
pro rata basis by the amount of any payment made to the Buyers by any Sellers for a
breach of any Warranty or any other warranty or indemnity in this agreement or under
the Tax Covenant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Purchase Price in respect of TCF shall be deemed to be reduced by the
amount of any payment made to the Buyers by TCF for breach pursuant to Clause 11.1.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPLETION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Completion</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Completion shall take place at 17:01 (Minnesota time) on the Completion Date at
the offices of the Buyers&#146; Solicitors or at such later time or such other location(s)
as the parties may agree.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On Completion:</TD>
</TR>






</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 10 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Warrantors shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>deliver or procure the delivery to the Buyers the documents and
evidence set out in Part&nbsp;1 of Schedule&nbsp;3;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procure that a board meeting of each Target Group Company is
held in accordance with the relevant Minutes;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procure that all indebtedness owed by any Target Group Company
to any person whatsoever (including any Connected Debt) has been
repaid (other than indebtedness incurred in the ordinary and usual
course of trading which is to be repaid in accordance with existing
trading terms and the External Debt which shall be repaid by the
Company in accordance with Clause 4.3.5<B>Error! Reference source not
found. </B>below) whether or not such indebtedness is due for
repayment;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procure that all indebtedness owing to any Target Group Company
by any Seller or any person Connected with any Seller or by any
current or former Executive has been repaid whether or not such
indebtedness is due for repayment; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procure that an amount of cash equal to at least the Retained
Cash shall be retained in the Company Account and that such amount
shall be unencumbered and freely available for use by the Company
and the Sellers shall deliver to the Buyers a bank statement for
the Company Account showing the cash balance of the Company Account
as at the close of business the day prior to the Completion Date
and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF shall deliver to the Buyers the documents set out in Part
2 of Schedule&nbsp;3.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to the satisfaction by the Warrantors and TCF of their respective
obligations under Clause 4.2, on Completion:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall deliver to the Sellers&#146; Representative the
documents set out in Part&nbsp;3 of Schedule&nbsp;3;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall arrange for the telegraphic transfer by CHAPS
of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#163;49,333,700.80 (Forty-nine million three hundred and
thirty-three thousand seven hundred pounds sterling and eighty
pence), (being 85% of the amount of the Purchase Price (subject to
any subsequent adjustment in accordance with Schedule&nbsp;7) less the
Warranty Holdback Amount, less 85% of the Purchase Price Holdback
Amount and less the amount to be paid to the Company in accordance
with Clause 4.3.4) to the Seller&#146;s Nominated Account (plus TCF&#146;s
portion of the costs payable by the Sellers and TCF); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#163;9,758,079.20 (Nine million seven hundred and fifty-eight
thousand and seventy-nine pounds sterling and twenty pence), (being
15% of the amount of the Purchase Price (subject to any subsequent
adjustment in accordance with Schedule&nbsp;7) less 15% of the Purchase
Price Holdback Amount and less TCF&#146;s portion of the costs payable
by the Sellers and TCF, to the TCF Nominated Account;</TD>
</TR>

</TABLE>
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->Page 11 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall arrange for the telegraphic transfer by CHAPS
of &#163;8,700,000 (eight million seven hundred thousand pounds sterling), being the
Holdback Amount, to the Holdback Account;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall pay to the Company the amount of &#163;208,220
(two hundred and eight thousand two hundred and twenty pounds sterling), being
the amount which is equal to the aggregate of the exercise price payable by
those of the Sellers who acquired their Sale Shares following the exercise
prior to today&#146;s date of Options granted to them on the basis of the cashless
exercise mechanism provided for in the terms on which such Options were
granted; and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall pay to the Company such amount up to &#163;7,000,000 (Seven
million pounds sterling) in respect of the amount of the External Debt, which amount
the Company shall then pay (and the Buyers and the Sellers shall procure that the
Company shall so pay):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#163;578,213.68 to the TCF Nominated Account in respect of accrued dividends to
TCF in part satisfaction of the External Debt;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#128;5,083,690.82 into the account with correspondent Swift address NWBKGB2L,
correspondent name National Westminster Bank plc, London, and IBAN
GB73NWBK60720013022237in part satisfaction of the External Debt; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>$2,160,612.30 into the account with correspondent Swift address
CHASUS33 correspondent name JP Morgan Chase Bank New York and account number
001-1-945540 in satisfaction of the remainder of the External Debt,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Provided that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to the extent that such payments, following the exchange of sterling into US
Dollars and Euros on the date of such payments, are less than &#163;7,000,000 (Seven
million pounds sterling) (the amount by which the payments are less than
&#163;7,000,000 being the &#147;<B>Overpayment Amount</B>&#148;) then an amount equal to 85% of the
Overpayment Amount shall be added to the payment to be made under Clause
4.3.2.1 and an amount equal to 15% of such Overpayment Amount shall be added
to the payment to be made under Clause 4.3.2.2; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3.5.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to the extent that such payments, following the exchange of sterling into US
Dollars and Euros on the date of such payments, are more than &#163;7,000,000 (Seven
million pounds sterling) (the amount by which the payments are more than
&#163;7,000,000 being the &#147;<B>Underpayment Amount</B>&#148;) then an amount equal to 85% of the
Underpayment Amount shall be deducted from the</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 12 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>payment to be made under Clause 4.3.2.1 and an amount equal to 15% of such
Underpayment Amount shall be deducted from the payment to be made under
Clause 4.3.2.2.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and the Buyers shall not be concerned with the application of the monies transferred
pursuant to Clause 4.3.2 as between the Sellers and TCF and the satisfaction by the
Buyers of its obligations under Clause 4.3.2 shall constitute a complete and valid
discharge: (i)&nbsp;of the Buyers from its obligations in relation to the amount to be
paid on Completion in respect of the Purchase Price to the Sellers and TCF; and (ii)
of each Target Group Company from its obligations to repay the External Debt.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">


    <TD><I>Holdback Amount</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>At Completion, the Sellers&#145; Representative, on behalf of all of the Sellers and
TCF (in respect of the Purchase Price Holdback Amount), and the Buyers shall sign the
Holdback Letter and deliver it to the Buyers&#146; Solicitors and the Sellers&#146; Solicitors.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Holdback Amount shall be dealt with in accordance with the provisions of
Clause 5.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD><I>Post-Completion</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">4.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>During the Retained Cash Period, the Buyers shall obtain a statement of the
Consolidated Cash Balance as at the close of business on each Business Day. To the
extent that there is a Retained Cash Shortfall on one or more Business Days during the
Retained Cash Period, then the greatest amount by which the Consolidated Cash Balance
is less than the Completion Cash shall be the <B>&#147;Maximum Retained Cash Shortfall&#148;</B>.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">4.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Within 5 Business Days of the end of the Retained Cash Period, the Buyers
shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>deliver to the Sellers&#146; Representative copies of the
Consolidated Cash Balance for each Business Day during the Retained Cash
Period; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(if applicable), pay to the Sellers and TCF by telegraphic
transfer for same day value to the Sellers&#146; Nominated Account (as to 85% of
such amount) and the TCF Nominated Account (as to 15% of such amount), an
amount that is equal to <B>&#147;A&#148; </B>where:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>A = &#163;150,000 &#150; B</B>; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%"><B>&nbsp;</B></TD>
    <TD><B>B </B>= an amount equal to either the Retained Cash Shortfall or (if there
is a Retained Cash Shortfall on more than one Business Day during the
Retained Cash Period) the Maximum Retained Cash Shortfall;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provided that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for the avoidance of doubt, if the amount of the Maximum
Retained Cash Shortfall is greater than or equal to &#163;150,000, the Buyers shall
not be required to make any payment to the Sellers or TCF pursuant to this
Clause 4.7; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.7.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers shall have no concern in the allocation of any
amount paid under this Clause 4.7 between, and its distribution to, the Sellers
and TCF and, to the extent that a payment is required to be made by the Buyers
pursuant to this Clause 4.7, the payment by the Buyers of the same in
accordance with this Clause 4.7 shall constitute a complete and valid discharge
of the Buyers&#146; obligations under this Clause 4.7.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">





</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 13 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers undertake to the Sellers that during the Retained Cash Period it
shall exercise its powers in relation to the Target Group and its rights as the
beneficial owner of the whole of the issued share capital of the Company to ensure
and/or procure that to the extent it is able and reasonably practicable the businesses
of the Target Group shall be carried on in the ordinary and usual course, in
particular, in relation to cash management and payment of creditors and substantially
in the same manner that such businesses have been carried on prior to Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers undertake with the Sellers that until the end of the Retained Cash
Period it will not divert or seek to divert business which would ordinarily be done by
the Target Group with existing customers of the Target Group at Completion away from
the Target Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>During the Retained Cash Period the Buyers shall procure that the Target Group
conducts its affairs in a manner which does not have any material adverse affect on its
ability to collect debts and/or receive cash which it is fairly and reasonably capable
of doing in the ordinary course without unreasonably prejudicing its long term future
and shall refrain from any act or omission which would result in it not allowing the
Target Group to collect such debts and/or receive such cash during that period.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>HOLDBACK</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Holdback Account shall be operated, and the Holdback Amount and interest
accruing on it shall be applied, in accordance with the following provisions of this
Clause 5.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Purchase Price Holdback Amount</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>On the Purchase Price Holdback Release Date:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if there is a Shortfall and the Sellers and TCF are required
to make a payment to the Buyers in accordance with Paragraph&nbsp;2 of Part&nbsp;4 of
Schedule&nbsp;7 of an aggregate amount which is equal to or exceeds the amount of
the Purchase Price Holdback Amount:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the full amount of the Purchase Price Holdback Amount shall be
released to the Buyers&#146; Solicitors; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in addition, a cash amount equal to 85% of the amount by which
the amount required to be paid by the Sellers and TCF in accordance
with Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7 exceeds the Purchase Price
Holdback Amount (the <B>&#147;Owing Holdback Amount&#148;</B>) shall be released
from the Warranty Holdback Amount to the Buyers&#146; Solicitors; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF shall forthwith on demand pay a cash amount equal to 15% of
the amount by which the amount required to be paid by the Sellers
and TCF in accordance with Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7
exceeds, the Purchase Price Holdback Amount, to the Buyers&#146; to such
account as the Buyers&#146; Representative shall notify TCF;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in addition, a payment in cash of an amount equal to the Owing
Holdback Amount shall be made by the Sellers into the Holdback
Account (such payment of the Owing</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 14 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Holdback Amount being a <B>&#147;Holdback Top-Up&#148;</B>), being made on
the basis that each Seller shall only be liable to make a
payment to the Holdback Account in respect of the Holdback
Top-Up of an amount equal to that percentage of the Owing
Holdback Amount that is equal to the percentage of the
Purchase Price which that Seller is entitled to receive as
set out opposite its/his name in column 4 of Schedule&nbsp;1;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and the release of such amounts to the Buyers&#146; Solicitors and the
payment, if necessary, of such amounts by the Sellers into the Holdback
Account shall be an absolute discharge of the Sellers in respect of
their obligations to pay the Holdback Top-Up into the Holdback Account
under Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if there is a Shortfall and the Sellers and TCF are required
to make a payment to the Buyers in accordance with Paragraph&nbsp;2 of Part&nbsp;4 of
Schedule&nbsp;7 of an aggregate amount which is less than the amount of the Purchase
Price Holdback Amount, such proportion of the Purchase Price Holdback Amount as
is equal to the amount required to be paid by the Sellers and TCF in accordance
with Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7 shall be released to the Buyers&#146;
Solicitors, and the balance of the Purchase Price Holdback Amount shall be
released as to 85% of such amount to the Sellers&#146; Solicitors and 15% of such
amount to TCF&#146;s Solicitors and the release of the relevant amount of the
Purchase Price Holdback Amount to the Buyers&#146; Solicitors shall be an absolute
discharge of the Sellers and TCF in respect of their obligations under
Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7 and the release of the balance of the
Purchase Price Holdback Amount as to 85% of such amount to the Sellers&#146;
Solicitors and 15% of such amount to TCF&#146;s Solicitors shall be an absolute
discharge of the Buyers of their obligation to pay that part of the Purchase
Price as is equal to the amount so released;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if there is an Excess and the Buyers are required to make a
payment to the Sellers and TCF in accordance with Paragraph&nbsp;2 of Part&nbsp;4 of
Schedule&nbsp;7, the Purchase Price Holdback Amount shall be released to the
Sellers&#146; Solicitors (as to 85% of such amount) and TCF&#146;s Solicitors (as to 15%
of such amount) and the Buyers shall, in addition, pay to the Sellers Nominated
Account (as to 85% of such Excess amount) and TCF&#146;s Solicitors client account
(as to 15% of such Excess amount) a cash amount equal to the amount of the
Excess, and such release of the Purchase Price Holdback Amount to the Sellers&#146;
Solicitors and the TCF Nominated Account together with the receipt by the
Sellers&#146; Solicitors and TCF&#146;s Solicitors of such additional payments by the
Buyers shall be an absolute discharge of the Buyers of their obligation to pay
that part of the Purchase Price as is equal to the Purchase Price Holdback
Amount and of their obligations under Paragraph&nbsp;2 of Part&nbsp;4 of Schedule&nbsp;7; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if there is neither an Excess nor a Shortfall, the Purchase
Price Holdback Amount shall be released to the Sellers&#146; Solicitors (as to 85%
of such amount) and TCF&#146;s Solicitors (as to 15% of such amount) and such
release of the Purchase Price Holdback Amount to the Sellers&#146; Nominated Account
and the TCF Nominated Account shall be an absolute discharge of the Buyers
of their obligations to pay that part of the Purchase Price as is equal to the
Purchase Price Holdback Amount;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and, for the avoidance of doubt, the Parties acknowledge and agree that the total
aggregate Holdback Top-Up that can be required to be paid by the Sellers shall not
exceed &#163;7,700,000 (seven million seven hundred thousand pounds sterling).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Warranty Holdback Amount</I></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Claims settled prior to Warranty Holdback Release Date</I></TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 15 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If, at any time prior to the Warranty Holdback Release Date, notice of any
Relevant Claim is given by the Buyers and such Relevant Claim is Settled prior to the
Warranty Holdback Release Date, then the amount which is the lesser of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount (if any) determined or agreed to be paid to the
Buyers on Settlement of the claim; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount standing to the credit of the Holdback Account;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall be released to the Buyers&#146; Solicitors within five (5)&nbsp;Business Days of the
date on which the Relevant Claim is Settled.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Claims which are not Settled as at the Warranty Holdback Release Date</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If, on or before the Warranty Holdback Release Date, notice of any Relevant
Claim has been given by the Buyers and such Relevant Claim has not been Settled as at
the Warranty Holdback Release Date (such Relevant Claim being, an <B>&#147;Outstanding Claim&#148;</B>),
and:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if the aggregate amount of all Outstanding Claims is greater
than or equal to the amount of the Warranty Holdback Amount less the amount (if
any) that has already been released pursuant to Clause 5.3 (the <B>&#147;Remaining
Warranty Holdback Amount&#148;</B>), then the Remaining Warranty Holdback Amount shall
be retained in the Holdback Account after the Warranty Holdback Release Date
and:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>upon each Outstanding Claim being Settled, the amount retained
in the Holdback Account in respect of such Outstanding Claim shall
be released so that the amount (if any) determined or agreed to be
paid to the Buyers on the settlement of such Outstanding Claim
shall be released to the Buyers&#146; Solicitors and the balance of the
amount (if any) retained in the Holdback Account in respect of such
Settled Outstanding Claim shall be released to the Sellers&#146;
Solicitors, in each case, within five (5)&nbsp;Business Days of the date
on which such Outstanding Claim is Settled; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for the avoidance of doubt, once all Outstanding Claims have
been Settled, if there is any amount of the Holdback Account which
has not been released and remains in the Holdback Account, such
amount shall be released to the Sellers&#146; Solicitors within five (5)
Business Days of the date on which the last Outstanding Claim has
been Settled;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and, in each case, the release of any sum to the Sellers&#146; Solicitors
shall be an absolute discharge of the Buyers of their obligation to pay
that amount of the Purchase Price as is equal to the amount released
provided always that if any Outstanding Claim has not been Settled
within 24&nbsp;months of the Warranty Holdback Release Date, then the amount
of the Remaining Warranty Holdback Amount which has not been released to
the Sellers and which is attributable to that particular Outstanding
Claim shall be released to the Sellers&#146; Solicitors.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if the aggregate amount of all Outstanding Claims is less than
the amount of the Remaining Warranty Holdback Amount, then:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the Remaining Warranty Holdback Amount less
the aggregate amount of all Outstanding Claims shall be released to
the Sellers&#146; Solicitors within five (5)&nbsp;Business Days of the
Warranty Holdback Release Date and the release of such amount shall
be an absolute discharge of the Buyers of their obligation to pay
that</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 16 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>amount of the Purchase Price as is equal to the amount
released; and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the aggregate amount of all Outstanding
Claims shall be retained in the Holdback Account after the Warranty
Holdback Release Date and:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="24%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>upon the
Settlement of each Outstanding Claim, the amount
retained in the Holdback Account in respect of such
Outstanding Claim shall be released so that the
amount (if any) determined or agreed to be paid to
the Buyers on Settlement of such Outstanding Claim
shall be released to the Buyers&#146; Solicitors and the
balance of the amount (if any) retained in the
Holdback Account in respect of such Settled
Outstanding Claim shall be released to the Sellers&#146;
Solicitors, in each case, within five (5)&nbsp;Business
Days of the date on which such Outstanding Claim is
Settled; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="24%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for the
avoidance of doubt, once all Outstanding Claims have
been Settled, if there is any amount of the Warranty
Holdback Amount which has not been released and
remains in the Holdback Account, such amount shall be
released to the Sellers&#146; Solicitors within five (5)
Business Days of the date on which the last
Outstanding Claim has been Settled;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and, in each case, the release of any sum to the Sellers&#146; Solicitors
shall be an absolute discharge of the Buyers of their obligation to pay
that amount of the Purchase Price as is equal to the amount released
provided always that if any Outstanding Claim has not been Settled
within 24&nbsp;months of the Warranty Holdback Release Date, then the amount
of the Remaining Warranty Holdback Amount which has not been released to
the Sellers and which is attributable to that particular Outstanding
Claim shall be released to the Sellers&#146; Solicitors.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If, on the Warranty Holdback Release Date, there are no Relevant Claims of
which notice has been given and which have not been Settled then, the Remaining
Warranty Holdback Amount shall be released to the Sellers&#146; Solicitors within five (5)
Business Days of the Warranty Holdback Release Date and the release of such amount
shall be an absolute discharge of the Buyers of their obligation to pay that amount of
the Purchase Price as is equal to the amount released.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purposes of this Clause 5, a Relevant Claim shall be regarded as
<B>&#147;Settled&#148; </B>if:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sellers (acting by the Sellers&#146; Representative) and the
Buyers so agree in writing; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the claim is determined by a court of law or competent
tribunal (including any Tax Authority) and that determination is final and is
either non-appealable or the Sellers&#146; Representative and the Buyers&#146;
Representative agree in writing that no appeal will be made or, if applicable,
no appeal is made by the party entitled to make such appeal within the time
during which the relevant appeal can be lodged; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>legal proceedings in respect thereof have not been commenced
by having been issued and served on the Sellers&#146; Representative:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 17 of 128<!-- /Folio -->
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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in respect of any claim for breach of the Tax Warranties or Tax
Covenant, within 24&nbsp;months; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in respect of all other Relevant Claims, within 18&nbsp;months,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in each case, of the Warranty Holdback Release Date and the expression
&#147;Settlement&#148; shall be construed accordingly.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Holdback Account &#151; General</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any interest that may accrue on the credit balance of the Holdback Account
shall be credited to the Holdback Account and any payment of principal out of the
Holdback Account shall include a payment of the interest earned on such principal sum
by the Holdback Account, that is, so that interest accrued shall follow the principal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Parties which, in the case of the Sellers and TCF, shall be the
Sellers&#146; Representative, shall promptly take all such action and give the Buyers&#146;
Solicitors and the Sellers&#146; Solicitors all such written instructions as shall be
necessary to give effect to the provisions of this Clause 5.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers may deduct from or set-off against the amount due to any Seller on
the release of funds from the Holdback Account in accordance with this Clause 5 an
amount equal to any amount which that Seller is required to pay into the Holdback
Account in respect of a Holdback Top-Up but which that Seller has failed to pay until
such time as the Seller shall make in full the payment which it is required to make in
respect of the Holdback Top-Up whereupon the amount owing to that Seller which has been
withheld shall be released and paid to that Seller.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the avoidance of doubt, any deductions made from the Warranty Holdback
Amount shall not be applied to any sums due to TCF on or immediately following
Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the avoidance of doubt the Sellers shall be responsible for the payment of
any break fees which become payable as a result of any payment from the Holdback
Account and which shall be paid from the Holdback Account up to an amount equal to
&#163;200,000.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>WARRANTIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors, upon the execution of this agreement, warrant to each of the
Buyers in the terms of the Warranties. The Warrantors acknowledge that the Buyers have
relied on the Warranties in entering into this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Warranty is given subject to any matter which is Disclosed.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warranties shall continue in full force and effect notwithstanding
Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Where a statement in the Warranties is qualified by the expression <B>&#147;so far as
the Warrantors are aware&#148; </B>or <B>&#147;to the best of the knowledge, information and belief of
the Warrantors&#148; </B>or any similar expression, each of the Warrantors shall be deemed to
have knowledge of:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 18 of 128<!-- /Folio -->
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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>anything of which each Warrantor has knowledge;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in respect of Tocris US only, anything of which Lisa McHenry
has knowledge; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>anything of which each of the Warrantors would have had
knowledge had he or she made all reasonable enquiries immediately before the
Warranties were given provided for the avoidance of doubt that such reasonable
enquiries do not include making enquiry of customers of a Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Warranties is separate and independent and, unless otherwise
expressly provided, is not limited by reference to any other Warranty or anything in
this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With the exception of the matters Disclosed, and any matter the scope and
nature of which is within the actual knowledge of Gregory Melsen, Frank Mortari, Ruth
Bright or Kathy Backes, no information of which the Buyers and/or their respective
agents and/or advisers have knowledge (actual, constructive or imputed) or which could
have been discovered (whether by investigation made by the Buyers or made on their
behalf) shall prejudice, prevent or reduce any amount recoverable under any claim by
the Buyers under the Warranties or otherwise pursuant to this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers and TCF agrees that save in the event of fraud or
dishonesty any information supplied by any Target Group Company or by any officer,
employee, agent or adviser of any Target Group Company (past or present) to the Target
Group or the Sellers or any of them or any of their respective officers, employees,
agents or advisers (past or present) in connection with the Warranties, the information
Disclosed, the Tax Covenant or otherwise shall not constitute a warranty,
representation or guarantee as to the accuracy of such information in favour of any
Seller and TCF or any of their respective officers, employees, agents or advisers (past
or present) and each Seller and TCF hereby undertakes to the Buyers (for itself and as
trustee on behalf of each Target Group Company and each officer, employee, agent and
adviser of each Target Group Company) that save in the event of fraud or dishonesty it
waives and shall procure that each of its officers, employees, agents and advisers
(past or present) waives any and all claims which it might otherwise have against the
Buyers, any Target Group Company and any officer, employee, agent and adviser of each
Target Group Company in respect of such claims.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any claim under the Warranties shall be limited in accordance with Schedule&nbsp;5
provided that none of the provisions in Schedule&nbsp;5 shall apply:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the event of the fraud or wilful non-disclosure of any
Seller; and/or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in relation to any of the Warranties in Paragraphs 1.1 and 1.2
of Part&nbsp;1 of Schedule&nbsp;4.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All sums payable by the Sellers, TCF and/or the Buyers arising out of, or in
connection with, this agreement (or any other agreement required to be entered into
pursuant to this agreement) shall be paid in full, without set-off or counterclaim, and</TD>
</TR>

</TABLE>
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<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>free and clear of all deductions or withholdings whatsoever save only as may be
required by law. If any such deductions or withholdings are required by law, the
Sellers, TCF and/or the Buyers (as the case may be) shall pay such sum as will,
after such deduction or withholding has been made, leave the amount which would have
been received in the absence of any such requirement to make a deduction or
withholding provided always that nothing in the clause shall prevent the use of the
Holdback Amount in accordance with Clause 5 or otherwise as provided in this
agreement.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event that any sum paid as a result of the obligations contained in this
agreement is or will be subject to Taxation, the Sellers and TCF shall pay such sum as
will, after payment of the Taxation so charged, leave a sum equal to the amount that
would otherwise be payable under any such obligation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The maximum liability of TCF under this Agreement (including Clause 11.1) shall
be equal to 15% of the Purchase Price.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Without prejudice to the operation of the provisions of Clause 13 (Assignment)
or any other rights of the Buyers under this agreement or as a matter of law generally,
and subject always to Clause 13.3, the Parties acknowledge that either Buyer shall be
entitled to assign its rights under this agreement to any other company within its
Group (including the other Buyer) and that such Group company shall be entitled to
pursue a Relevant Claim or any other claim arising by reason of any other breach of
this agreement in accordance with this agreement as if it were a Buyer and be entitled
to recover such loss as it has suffered or would have suffered as a result of any
breach of the Warranties, Tax Covenant or Indemnities contained in Clause 11 or
otherwise under this agreement as if it had been an original Buyer under this agreement
and, if requested by the Buyers&#146; Representative, the Sellers and TCF will enter into a
deed of novation in favour of such assignee inter alia in relation to such claim but
generally in such form as the Buyers&#146; Representative shall reasonably require to ensure
that such assignee otherwise obtains the full benefit of this agreement as if it were
an original Buyer.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAX COVENANT</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of Schedule&nbsp;6 apply in this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RESTRICTIONS ON SELLERS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Warrantors severally covenants with and undertakes to each of the
Buyers (for themselves and on behalf of each Target Group Company) that it shall not
(whether alone or jointly with another and whether directly or indirectly) at any time
during the Restricted Period, other than to the extent applicable in the ordinary
course of properly discharging his duties as an employee, Director of, or consultant
for the Target Group:</TD>
</TR>




</TABLE>
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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(a)&nbsp;carry on; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(b) be employed or engaged; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(c) interested (economically or otherwise)</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in any manner whatsoever in any business carried on in any part of the
Prohibited Area which is in competition with any part of or the whole of
the Business or any other business of any Target Group Company, in each
case, as carried on at the Completion Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>seek the custom of any Customer for the purpose of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>offering; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>providing,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that Customer with Restricted Items;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>deal with any Customer for the purpose of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>offering; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>providing,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that Customer with Restricted Items;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>seek the custom of any Potential Customer for the purpose of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>offering; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>providing,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that Potential Customer with Restricted Items;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>deal with any Potential Customer for the purpose of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>offering; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>providing,</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that Potential Customer with Restricted Items;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>solicit or attempt to entice away from a Target Group Company
or any member of the Buyers&#146; Group, any Restricted Executive;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>save where such employment or offer to employ is as a direct
result of the Restricted Executive responding to a bona fide general
advertisement (and in which case provided always that the Warrantor in no other
way directly or indirectly communicated with or approached such Restricted
Executive), employ, offer to employ, or enter into a contract for the services
of, any Restricted Executive;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procure or facilitate the doing of any of the things
contemplated by Clause 8.1.6 and/or Clause 8.1.7 by any other person; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>knowingly interfere or seek to interfere with the contractual
or other trade relations between any Target Group Company and any of its
suppliers.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers severally covenants with and undertakes to the Buyers (for
itself and on behalf of each Target Group Company) that it shall not (whether alone or
jointly with another and whether directly or indirectly) and other than on behalf of or
in connection with the Target Group:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>at any time after Completion, use in the course of any trade
or business:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the words <B>&#147;TOCRIS</B><B><I>&#148; </I></B>or <B>&#147;TOCRIS Bioscience&#148; </B>or any combination of
such words;</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 21 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any trade or service mark, business or domain name, design or
logo which, at Completion, was or had been used by any Target Group
Company; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>anything which is confusingly similar to such words, mark, name,
design or logo; and</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>subject to Clause 8.3, at any time after Completion use or
divulge to any person any Confidential Information.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Clause 8.2.2 shall not apply to Confidential Information that is or becomes
public knowledge other than as a direct or indirect result of such information being
disclosed in breach of this agreement. A Seller may disclose any Confidential
Information to the extent that the disclosure is required by law or by a regulatory
body, court or governmental authority competent to require such disclosure, provided
that the Seller in question shall so far as reasonably practicable (unless prohibited
by law) consult the Buyers and take into account any reasonable requests that the
Buyers may have in relation to the disclosure before making it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nothing in this Clause 8 prevents the Sellers (or any of them) from holding for
investment purposes only:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any units of any authorised unit trust;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>not more than 1% of any class of shares or securities of any
company traded on any Recognised Investment Exchange; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>prevents Anthony Kenny or Robert Crews (either on their own or
in conjunction with Momentum Corporate Finance LLP) from providing corporate
finance advice to any person within the Prohibited Area which is or may be in
competition with any part of the whole of the Business or any other business of
any Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Covenants is a separate covenant and undertaking by each Seller and
TCF in relation to itself and its interests and shall be enforceable by the Buyers
and/or any relevant Target Group Company separately and independently of their
respective rights to enforce any one or more of the other Covenants. Each of the
Parties considers that, in the context of the Transaction, each of the Covenants is
fair, reasonable, necessary and legitimate, but the Parties agree that, if any Covenant
shall be found to be unenforceable but would be valid if any part of it were deleted or
the period or area of application reduced, that Covenant shall apply with such
modifications as may be necessary to make it valid and effective.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers acknowledges that it has taken independent legal advice on
the Covenants.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The consideration for the Covenants is included in the Purchase Price.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ANNOUNCEMENTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Party shall make any announcement relating to this agreement or its subject
matter without the prior written approval of the Sellers&#146; Representative and TCF (in
the case of either of the Buyers) or the Buyers&#146; Representative (in the case of any of</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 22 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sellers or TCF) except as required by law or by any legal or regulatory
authority or court of competent jurisdiction, provided that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>where any announcement is made in reliance on such exception
and other than in the circumstances referred to in Clause 9.1.2, the announcing
Party will (to the extent reasonably practicable and unless to do so is
prohibited by law) consult with the Sellers&#146; Representative and TCF (in the
case of the Buyers) or the Buyers (in the case of any of the Sellers or TCF) in
advance in relation to such announcement; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers and their affiliates, including Techne Corporation
(the ultimate parent company of the Buyers), may disclose any information
regarding this agreement and the transactions contemplated hereby, and may file
the text of this agreement, the Schedules and the other documents referred to
herein and contemplated hereby, in filings with and submissions to the United
States Securities and Exchange Commission and as required by applicable stock
exchange requirements without any obligation to consult with the Sellers&#146;
Representative or any other party; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers, TCF and Anthony Kenny and Robert Crews (in
conjunction with Momentum Corporate Finance LLP) may disclose the transaction
and their involvement in the transaction for marketing purposes only on a basis
consistent with any regulatory announcement made by the Buyers or any member of
the Buyers&#146; Group.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CAPACITY AND TITLE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Party severally warrants to each of the other Parties that it has full
power and authority and has obtained all necessary consents to enter into and perform
the obligations expressed to be assumed by it under this agreement (and any other
agreement or arrangement required to be entered into it in connection with this
agreement), that the obligations expressed to be assumed by it hereunder are legal,
valid and binding and enforceable against it in accordance with their terms and that
the execution, delivery and performance by it of this agreement and each such other
agreement and arrangement will not:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in a breach of, or constitute a default under, any agreement or
arrangement to which it is a party or by which it is bound or, in the case of a
corporation, under its constitutional documents; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in a breach of any law or order, judgement or decree of any court
governmental agency or regulatory body to which it is a party or by which it is
bound.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers (save for Graham Miller and Joanne Clarke) and TCF
severally warrants to each of the Buyers in respect of themselves only that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>it is the sole legal and beneficial owner of the Sale Shares set opposite its
name in Column (2)&nbsp;of Schedule (1); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sale Shares set opposite its name in Column (2)&nbsp;of Schedule (1)&nbsp;are free
from all Encumbrances or interests in favour of, or claims made by or which
could be made by, any other person and the Sale Shares set opposite its name in
Column (2)&nbsp;of Schedule&nbsp;1 are fully paid and have been properly and validly
allotted.</TD>
</TR>




</TABLE>
</DIV>
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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Joanne Clarke warrants to each of the Buyers that she is the sole legal owner
of the Sale Shares set opposite her name in Column (2)&nbsp;of Schedule (1), which she holds
as nominee for Graham Miller who is the sole beneficial owner of the same.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers severally warrants to each of the Buyers in respect of
themselves only that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sale Shares represent the entire allotted and issued share capital of the
Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>other than this agreement and / or the articles of association of the
Company, there is no:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>agreement, arrangement or obligation requiring the sale or
transfer of, the grant to a person of the right (conditional or
not) to require the sale or transfer of any of the Sale Shares set
opposite its name in Column (2)&nbsp;of Schedule&nbsp;1 (including an option
or right of pre-emption or conversion);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>agreement, arrangement or obligation requiring the creation,
allotment or issue of, or the redemption or repayment of, or the
grant to a person of the right (conditional or not) to require the
creation, allotment or issue of, or the redemption or repayment of,
any share in the capital of the Company or any other Target Group
Company (including an option or right of pre-emption or
conversion);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>agreement, arrangement or obligation requiring the sale,
transfer or disposition of, or grant to a person of any Encumbrance
over, or any other legal or equitable interest in, or right
(conditional or not) to require the sale, transfer or disposition
of the Business.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>it is not entitled to any claim of any nature against any Target Group
Company or any officers, employees, agents, advisers, customers or suppliers of
any Target Group Company and it has not assigned to any third party the benefit
of any such claim to which it was previously entitled; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>it has not been declared bankrupt nor is it a party to any individual
voluntary arrangements or any informal arrangements with its creditors.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INDEMNITIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers and TCF unconditionally and irrevocably and severally (but
not jointly) agrees, as a continuing obligation, to indemnify the Buyers against, and
to pay on demand an amount equal to, any Costs which the Buyers, any member of the
Buyers&#146; Group and/or any Target Group Company may suffer or incur or be made subject to
at any time or from time to time (whether by way of damages, settlement, costs or
otherwise) and all costs and expenses properly incurred (together with any applicable
VAT) in respect of or as a result of any breach of Clause 10.2 in respect of TCF and
Clauses 10.1 and 10.2 and Clause 10.4 in relation to the Sellers only.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of Joanne Clarke and Graham Miller unconditionally and irrevocably and
jointly and severally agrees, as a continuing obligation, to indemnify the Buyers
against, and to pay on demand an amount equal to, any Costs which the Buyers, any
member of</TD>
</TR>

</TABLE>
</DIV>
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Buyers&#146; Group and/or any Target Group Company may suffer or incur or be made
subject to at any time or from time to time (whether by way of damages, settlement,
costs or otherwise) and all costs and expenses properly incurred (together with any
applicable VAT) in respect of or as a result of in relation to the warranties in
Clauses 10.1, 10.3 and 10.4 given by her, any breach of those warranties in Clauses
10.1, 10.3 and 10.4.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Warrantors unconditionally and irrevocably agrees, as a continuing
obligation, to indemnify the Buyers against, and to pay on demand an amount equal to,
any Costs which the Buyers, any member of the Buyers&#146; Group and/or any Target Group
Company may suffer or incur or be made subject to at any time or from time to time
(whether by way of damages, settlement, costs or otherwise) and all costs and expenses
properly incurred (together with any applicable VAT) (the <B>&#147;Indemnified Amount&#148;</B>) in
respect of or as a result of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Target Group&#146;s failure to designate and facilitate access to a
stakeholder pension scheme in accordance with Section&nbsp;3 of the Welfare Reform
and Pensions Act 1999 (including without limitation in relation to any civil
penalty imposed by the Pension Regulator) up to and including Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any action or inaction of a Target Group Company and/or the Sellers prior to
the Completion Date (including but not limited to a failure to notify or obtain
consent from a licensor granting rights of manufacture, processing, use and/or
sale of products to any Target Group Company) that results in any Target Group
Company being in breach of any restrictions on sub-licensing, whether express
or implied, in relation to the manufacture, processing, use or sale of products
which are the subject of licensed rights and/or third party&#146;s IPR;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the failure of any Target Group Company to extend, renew, vary or replace
written contractual terms previously in existence or the failure to implement
any written contractual terms between any Target Group Company and any party
acting as a distributor of that Target Group Company which has purchased
products from the Target Group with an aggregate value in excess of &#163;50,000 in
the period of 12 calendar months prior to the Completion Date, including but
not limited to any compensation, damages or equivalent claims in any
jurisdiction which may be made by a party acting as such a distributor of any
Target Group Company as a result of such failure, provided that the Warrantors&#146;
liability under this Clause 11.3.3 shall be limited to 50% (fifty percent) of
the Indemnified Amount arising during a period of 24&nbsp;months from the Completion
Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any conduct, act or omission by any Target Group Company, where such conduct,
act or omission arises, takes place or occurs prior to the Completion Date,
which constitutes or may constitute an actual or alleged infringement of the
IPR of any Group Company of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Mitsubishi Tanabe Pharma Corporation;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>PSN Illinois, LLC (provided that royalty payments made under
the Confidential Settlement Agreement, dated December 8 2008,
between PSN Illinois, LLC and Tocris Cookson Inc shall not be
included in the Indemnified Amount); or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Merck &#038; Co,</TD>
</TR>




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</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any breach of the Warranty at Paragraph&nbsp;16.2 of Part&nbsp;1 of Schedule&nbsp;4
(External Debt);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any non compliance of the US EMI Scheme Alternative with the Code, including
without limitation, section 409A thereof save to the extent that any loss,
costs or damages are Tax or are otherwise recovered under the terms of schedule
6 (Tax Schedule); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Tocris US Employment Policies that were not provided or made available to
the Buyers prior to Completion, or administration by any Target Group Company
of any of the Tocris US Employment Policies or non-compliance of any of the
Tocris US Employment Policies with any applicable laws save to the extent that
any loss, costs or damages are Tax or are otherwise recovered under the terms
of schedule 6 (Tax Schedule) where:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;<B>Tocris US Employment Policies</B>&#148; means the US Plans and all other
employment-related documents, policies and benefits relating or
applicable to the employees of Tocris US; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;<B>US Plans</B>&#148; has the meaning given in Part&nbsp;3 of Schedule&nbsp;4.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>FURTHER ASSURANCE</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers and TCF shall promptly execute and deliver all such documents or procure the
execution and delivery of all such documents, and do all such things, as either of the
Buyers may from time to time reasonably require for the purpose of giving full effect to the
provisions of this agreement and any document entered into pursuant to this agreement and to
ensure that the Buyers (or any assignee of theirs who is a member of the Buyer&#146;s Group)
obtains the full benefit of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ASSIGNMENT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Except as provided otherwise in this agreement (and in particular Clause 6.12),
no Party may assign, transfer, grant any Encumbrance or security interest over or
otherwise deal with all or any of its rights under any Transaction Document without the
prior written consent of the other Parties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is acknowledged and agreed by the Sellers that either of the Buyers may, at
any time and without the consent of the Sellers, assign its rights under any
Transaction Document to which it is a party:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>by way of security to any bank(s) and/or financial institution(s) lending
money or making other banking facilities available to the Buyers or any member
of the Buyers&#146; Group (including for this purpose, the members of the Target
Group); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to any other member, or members of the Buyers&#146; Group;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and that any such assignee may enforce such assigned rights as if it were that Buyer.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If there is an assignment by a Buyer pursuant to this Clause 13 or 6.12:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sellers and TCF may discharge their obligations under the relevant
Transaction Document, to the assignor until the Sellers&#146; Representative
receives notice of the assignment;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the assignee may enforce the relevant Transaction Document, as if it were a
party to it, but the relevant Buyer shall remain liable for any obligations
under the relevant Transaction Document; and</TD>
</TR>




</TABLE>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the liabilities of the Sellers and TCF under the relevant Transaction
Document, shall be no greater than such liabilities would have been had the
assignment not occurred.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>WHOLE AGREEMENT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Transaction Documents constitute the whole agreement between the Parties
and supersede any arrangements, understanding or previous agreement between them
relating to the subject matter they cover.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Party acknowledges that, in entering into the Transaction Documents, it
does not rely on, and shall have no remedy in respect of, any statement,
representation, assurance or warranty (whether of fact or of law and whether made
innocently or negligently) of any person other than as expressly set out in the
Transaction Documents.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nothing in this Clause 14 operates to limit or exclude any liability for, or
any remedy in respect of, fraud.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>VARIATION AND WAIVER</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any variation of this agreement shall be in writing and signed by or on behalf
of the Parties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any waiver of any right under this agreement is only effective if it is in
writing and it applies only to the Party to whom the waiver is addressed and the
circumstances for which it is given and shall not prevent the Party who has given the
waiver from subsequently relying on the provision it has waived.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A Party that waives a right in relation to one Party, or takes or fails to take
any action against that Party, does not affect its rights in relation to any other
Party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No failure to exercise or delay in exercising any right or remedy provided
under this agreement or by law constitutes a waiver of such right or remedy or shall
prevent any future exercise in whole or in part of it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No single or partial exercise of any right or remedy under this agreement shall
preclude or restrict the further exercise of any such right or remedy.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unless specifically provided otherwise, rights arising under this agreement are
cumulative and do not exclude rights provided by law.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COSTS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Unless otherwise expressly provided in the relevant Transaction Document, all costs in
connection with the negotiation, preparation, execution and performance of the Transaction
Documents, shall be borne by the Party that incurred the costs.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SELLERS&#146; REPRESENTATIVE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Sellers unconditionally and irrevocably appoints the Sellers&#146;
Representative as:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 27 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>his agent for service of process and any other documents in proceedings in
England or any other proceedings in connection with any Transaction Document
(and any claim form, judgment or other notice of legal process shall be
sufficiently served on any Seller or TCF if delivered to the Sellers&#146;
Representative in accordance with Clause 18); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>his sole representative and attorney for the purposes of accepting notices,
granting any consent or approval, signing any documents or deeds and generally
taking such action and doing such things on behalf of the Sellers as may be
required in accordance with the provisions of this agreement;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and the Buyers and TCF shall be entitled to rely on anything done by the Sellers&#146;
Representative in accordance with this Clause 17 as if such thing had been done by
the relevant Seller and/or TCF.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to Clauses 17.4 and 17.5, each of the Sellers unconditionally and
irrevocably undertakes not to revoke the authority of the Sellers&#146; Representative.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Parties agrees that, save in the case of fraud or bad faith, the
Sellers&#146; Representative shall have no personal liability whatsoever to the Sellers or
TCF in relation to his exercise of the powers and authorities conferred on him pursuant
to this Clause 17. The provisions of this Clause 17.3 shall not, however, in any way
affect the Sellers&#146; Representatives&#146; liability as a Seller.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers may, by a vote comprising at least 70% (seventy per cent.) of their
aggregate shareholdings in the Company as at today&#146;s date by nominal value, replace any
person who is from time to time performing the role of Sellers&#146; Representative pursuant
to this agreement with another individual or company resident in England by giving
written notice to the Sellers&#146; Representative and TCF and the Buyers in accordance with
Clause 18.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event the Sellers&#146; Representative ceases to be resident in England or in
the event of his death, incapacity or resignation as the Sellers&#146; Representative or
replacement pursuant to Clause 17.4, the Sellers shall notify the Buyers and TCF in
accordance with the provisions of Clause 18 of the identity of his successor (being a
person referred to in Clause 17.4) within ten (10)&nbsp;Business Days, failing which the
Buyers shall be entitled to nominate any of the Warrantors as the Sellers&#146;
Representative and shall notify each of the Sellers in accordance with the provisions
of Clause 18 of the identity of such person nominated.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers&#146; Representative shall be and is hereby authorised to act on behalf
and as agent of TCF in relation to (i)&nbsp;the execution of the Holdback Letter, and (ii)
the preparation and agreement of the Completion Accounts in accordance with Schedule&nbsp;7.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>BUYERS&#146; REPRESENTATIVE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Buyers unconditionally and irrevocably appoints the Buyers&#146;
Representative as:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 28 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>its agent for service of process and any other documents in proceedings in
England or any other proceedings in connection with any Transaction Document
(and any claim form, judgment or other notice of legal process shall be
sufficiently served on any Buyer if delivered to the Buyers&#146; Representative in
accordance with Clause 18); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>its sole representative and attorney for the purposes of accepting notices,
granting any consent or approval, signing any documents or deeds and generally
taking such action and doing such things on behalf of the Buyers as may be
required in accordance with the provisions of this agreement;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and the Sellers and TCF shall be entitled to rely on anything done by the Buyers&#146;
Representative in accordance with this Clause 18 as if such thing had been done by
the relevant Buyer.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to Clauses 18.4 and 18.5, each of the Buyers unconditionally and
irrevocably undertakes not to revoke the authority of the Buyers&#146; Representative.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Parties agrees that, save in the case of fraud or bad faith, the
Buyers&#146; Representative shall have no personal liability whatsoever to the Buyers in
relation to his exercise of the powers and authorities conferred on him pursuant to
this Clause 18. The provisions of this Clause 18.3 shall not, however, in any way
affect the Buyers&#146; Representatives&#146; liability as a Buyer.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers may, by a vote comprising at least 75% (seventy five percent) of
their aggregate shareholdings in the Company immediately following Completion of the
Transaction by nominal value, replace any person who is from time to time performing
the role of Buyers&#146; Representative pursuant to this agreement with another individual
or company resident in England or the United States of America by giving written notice
to the Buyers&#146; Representative and the Sellers&#146; Representative and TCF in accordance
with Clause 18.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the event of death or incapacity of the Buyers&#146; Representative or his or its
resignation as the Buyers&#146; Representative or replacement pursuant to Clause 18.4, the
Buyers shall notify the Sellers&#146; Representative and TCF in accordance with the
provisions of Clause 19 of the identity of its successor (being a person referred to in
Clause 18.4) within five (5)&nbsp;Business Days.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>NOTICES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A notice given under this agreement:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall be in writing in the English language;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall, in the case of a notice to be given to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any one or more of the Sellers, be given to the Sellers&#146;
Representative at its address as set out in Part&nbsp;1 of Schedule&nbsp;1
(or such other address as it may notify to the Buyers in accordance
with this Clause 18); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any one or more of the Buyers be given to the Buyers&#146;
Representative, and be marked for the attention of Thomas</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 29 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>E Oland and sent to RDSI&#146;s registered office from time to
time; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF, be marked for the attention of Stephen Grenier and sent to
him c/o 280 Bishopsgate, London, EC2M 4RB, with a copy sent to
Eversheds (FAO Paul Lowe), 1 Callaghan Square, Cardiff, UK, CF10
5BT; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>shall be:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="24%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivered
personally; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="24%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>sent by
prepaid first-class post or recorded delivery or
registered post; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="24%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(if the
notice is to be served by post outside the country
from which it is sent) sent by registered airmail.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A notice is deemed to have been received:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if delivered personally, at the time of delivery;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of prepaid first class post or recorded delivery or registered
post, 48 hours from the date of posting;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of registered airmail, four (4)&nbsp;days from the date of posting; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if deemed receipt under Clauses 20.2.1 to 20.2.3 (inclusive)&nbsp;is not within
business hours (meaning 9:00 am to 5:00 pm Monday to Friday on a day that is
not a public holiday in the place of receipt), when business next starts in the
place of receipt.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To prove service it is sufficient to prove that the envelope containing the
notice was properly addressed and posted.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SEVERANCE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any provision of this agreement (or part of a provision) is found by any
court or administrative body of competent jurisdiction to be invalid, unenforceable or
illegal, the other provisions shall remain in force.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any invalid, unenforceable or illegal provision would be valid, enforceable
or legal if some part of it were deleted, the provision shall apply with whatever
modification is necessary to give effect to the commercial intention of the Parties.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>AGREEMENT SURVIVES COMPLETION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of this agreement shall remain in full force after Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">22</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THIRD PARTY RIGHTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to Clause 22.3, this agreement is made for the benefit of the Parties
and their successors and permitted assigns and is not intended to benefit, or be
enforceable by, anyone else.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Parties agree that notwithstanding that any term of this agreement may be
or become enforceable by a third party, this agreement may be terminated or varied in
any way without the consent of any such third party.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 30 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of Clause 8 and each other provision expressed to benefit a
member of the Target Group are intended to benefit each Target Group Company, and shall
be enforceable by each of them to the fullest extent permitted by law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of Clause 6.12 and each other provision expressed to benefit a
member of either of the Buyers&#146; Group are intended to benefit each member of the
Buyers&#146; Group Company, and shall be enforceable by each of them to the fullest extent
permitted by law.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">23</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LIMITATION ACT 1980</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers shall not plead the Limitation Act 1980 in respect of any Claim for breach of
any of the Tax Warranties or any claim under the Tax Covenant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">24</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SUCCESSORS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The rights and obligations of the Sellers and TCF and the Buyers under this agreement shall
continue for the benefit of, and shall be binding on, their respective successors and
assigns.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">25</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COUNTERPARTS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This agreement may be executed in any number of counterparts, each of which is an original
and which together have the same effect as if each Party had signed the same document.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">26</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GOVERNING LAW AND JURISDICTION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">26.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>This agreement and any disputes or claims arising out of, or in connection
with, its subject matter or formation (including non-contractual disputes or claims)
are governed by and construed in accordance with the law of England.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">26.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Parties unconditionally and irrevocably agree that the courts of England
have non-exclusive jurisdiction to settle any disputes or claims arising out of or in
connection with this agreement or its subject matter or formation (including
non-contractual disputes or claims).</TD>
</TR>

</TABLE>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This agreement has been signed as a deed by or on behalf of the Parties on the date stated at the
beginning of it.
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->Page 31 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 1</B>
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->Page 32 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 2<BR>
THE TARGET GROUP</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Part&nbsp;1<BR>
The Company</B>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="60%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Tocris Holdings Limited</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Date of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">24 November&nbsp;2006</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Place of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">England and Wales</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Company number</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">06008610&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Registered office</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Tocris House IO Centre, Moorend Farm Avenue, Bristol BS11 0QL</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Issued share capital</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">1,544,365.05 divided into 15,416,445 ordinary shares of &#163;0.10 each
and 2,720,549 preferred ordinary shares of &#163;0.001 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Authorized share capital</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">1,696,726.06 divided into 16,950,790 ordinary shares of &#163;0.10 each
and 2,720,549 preferred ordinary shares of &#163;0.001 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Directors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Anthony Edward Kenny, Laurence John Ede, Andrew James Birnie</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Secretary</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Andrew James Birnie</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><B>Accounting reference date</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">31 December&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Auditors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">KPMG LLP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Mortgages and charges</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">28 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Debenture</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank PLC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">21 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fixed and floating charges
over the undertaking and all
property and assets present
and future including goodwill,
book debts, uncalled capital,
buildings, fixtures, fixed
plant and machinery</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">23 February&nbsp;2007&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Assignment by way of security</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank PLC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">14 February&nbsp;2007&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Each policy being the Keyman
Life Assurance Policies.
Insurer Norwich Union, policy
numbers 6950989EY and
6950990EU, life assured
Laurence John Ede and Andrew
James Birnie, life assured
&#163;250,000 and all policy
proceeds.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 42 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
Other Members of the Target Group</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="60%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>Tocris Investments Limited</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Date of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">9 September&nbsp;2009</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Place of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">England and Wales</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Company number</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">07013194&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Registered office</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Tocris House IO Centre, Moorend Farm Avenue, Bristol BS11 0QL</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Authorised capital</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">&#163;1,000 divided into 1,000 ordinary stock of &#163;1.00 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Issued stock</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">one ordinary share of &#163;1.00</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Stockholders</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Name</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Tocris Holdings Limited</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Stock</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">One ordinary share of &#163;1.00</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Capacity</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Legal and beneficial owner</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Directors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Hazel Sarah Ede, Jennifer Lucy Birnie, Laurence John Ede, Andrew James Birnie,<BR>
Anthony Edward Kenny</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Secretary</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Andrew James Birnie</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><B>Accounting reference date</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">31 December</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Auditors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">KPMG LLP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Mortgages and charges</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">17 October&nbsp;2009&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Debenture</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank PLC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">14 October&nbsp;2009&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fixed and floating charge
over the undertaking and all
property and assets present
and future, including
goodwill, uncalled capital,
buildings, fixtures, fixed
plant and machinery.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 43 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="60%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>Tocris Cookson Limited</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Date of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">5 November&nbsp;1993</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Place of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">England and Wales</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Company number</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">02869577&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Registered office</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Tocris House IO Centre, Moorend Farm Avenue, Bristol BS11 0QL</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Authorised capital</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">30,510 ordinary shares of &#163;1 each and 106 ordinary C shares of &#163;1.00 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Issued stock</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">30,510 ordinary shares of &#163;1 each and 106 ordinary C shares of &#163;1.00 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Stockholders</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Name</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Tocris Investments Limited</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Stock</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">106 C Ordinary Shares of &#163;1 each and 24,110 Ordinary
Shares of &#163;1 each</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Capacity</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Legal and beneficial owner</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Directors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Laurence John Ede, Andrew James Birnie, Anthony Edward Kenny</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Secretary</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Andrew James Birnie</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><B>Accounting reference date</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">31 December</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Auditors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">KPMG LLP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Mortgages and charges</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">28 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Debenture</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank PLC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">21 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fixed and floating charges
over the undertaking and all
property and assets present
and future including
goodwill, book debts,
uncalled capital, buildings,
fixtures, fixed plant and
machinery</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">28 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Charge on Shares</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank PLC</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">21 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fixed charges over the
investments and all
dividends, interest and
other money payable to the
company.</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->Page 44 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="60%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><B>Name</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left"><B>Tocris Cookson Inc</B></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Date of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">28 February&nbsp;1995</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Place of incorporation</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Delaware</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Company number</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">2485172&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Registered office</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">The Corporation Trust Co., Corporation Trust Center, 1209 Orange Street,
Wilmington, Delaware</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Authorised capital</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">1,000 shares of common stock (par value $0.01)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Issued stock</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">1,000 shares&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Stockholders</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Name</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Tocris Cookson Limited</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Stock</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">1,000 shares&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Capacity</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Officers</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">Laurence John Ede and Andrew James Birnie</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><B>Accounting reference date</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">31 December</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><B>Auditors</B></TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">None</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Mortgages and charges</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date registered</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">22 December&nbsp;2006&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Type</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Charge holder</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">National Westminster Bank plc</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Date created</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Secured on</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">22 December&nbsp;2006&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 45 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 3<BR>
Properties</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The leasehold property comprising Unit 5b IO Centre, Cabot Park, Avonmouth, Bristol, UK.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The leasehold property comprising the solvent store ancillary to Unit 5b IO Centre, Cabot
Park, Avonmouth, Bristol, UK.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The leasehold property comprising Unit 3 The Polygon, Fourth Way, Avonmouth, Bristol, UK.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The leasehold property comprising 16144 Westwoods Business Park, Ellisville, Missouri, 3021,
USA.</TD>
</TR>

</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->Page 46 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 3<BR>
COMPLETION</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Part&nbsp;1<BR>
Sellers&#146; Completion Documents</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Seller, a duly executed transfer of those of the Sale Shares set opposite
its name in Column (2)&nbsp;of Schedule&nbsp;1 in favour of the Buyers or their nominees.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Seller, the share certificates for those of the Sale Shares set opposite
its name in Column (2)&nbsp;of Schedule&nbsp;1 or an indemnity, in the agreed form, for any lost
certificates.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Seller, an irrevocable power of attorney, in the agreed form, in favour
of the Buyers or their nominees to enable the beneficiary (or its proxies) to exercise all
voting and other rights attaching to those of the Share Sales set opposite the name of that
Seller in column (2)&nbsp;of Schedule&nbsp;1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Seller, the original or in the case of Total Capital Finance Limited, a
certified copy of any power of attorney under which any document to be delivered to the Buyers
have been executed by it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Certificates in respect of all issued shares in the capital of each Target Group Company
(other than the Company).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The statutory registers and minute books (written up to the Completion Date), the common seal
(if any), certificate of incorporation and any certificates of incorporation on change of name
of each Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Duly executed written resignations, in the agreed form, executed as deeds by each Resigning
Executive in relation to their office(s) and/or employment with each relevant Target Group
Company and all property of the Target Group in the possession or control of such persons.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>statements from each bank at which that Target Group Company has an account
(giving the balance of each account at the close of business on the last Business Day
before Completion);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all cheque books in current use and written confirmation that no cheques have
been written since the statements referred to in Paragraph&nbsp;9.1 were prepared;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>details of their cash book balances;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>reconciliation statements reconciling the cash book balances and the cheque
books with the bank statements delivered;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all credit cards in the name of or for the account of that Target Group Company
in the possession of any Resigning Executive; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>new bank mandates for each account held by each Target Group Company to remove
and appoint such individuals as the Buyers shall instruct.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Duly executed Minutes.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In respect of all charges, mortgages, debentures and guarantees to which each Target Group
Company is a party and all other security granted or entered into by any Target Group Company
and which affects the Target Group:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Releases duly executed by the relevant mortgagee, chargee or other person in
whose favour the security is granted; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if applicable, a sworn and completed Form&nbsp;MG02; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if applicable, letters of non-crystallisation in the agreed form of floating
charges.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 47 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A UCC-3 termination statement suitable for filing with the Delaware and Missouri
(as applicable) Secretaries of State to release all liens on the shares of Tocris
Cookson Inc.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company&#146;s security code and authentication code for the Companies House
WebFiling Service and the Protected Online Filing Scheme (if applicable).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to Tocris US:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>certificates of good standing of Tocris US in the States of Delaware and Missouri
&#091;and the various other foreign jurisdictions in which it is qualified&#093;, each dated as of
a date not earlier than the third business day prior to the Completion Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Certificate of Incorporation of Tocris US, certified by the Secretary of
State of Delaware as of a date not earlier than the third business day prior to the
Completion Date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a certificate of the Secretary of Tocris US certifying, as complete and accurate
as of the Completion Date, attached copies of the Certificate of Incorporation and
Bylaws of Tocris US.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The title and other deeds and documents relating to the Properties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Holdback Letter duly executed by the Sellers Representative.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Service Agreements duly executed by the Company and each of Laurence Ede, Andrew Birnie,
Duncan Crawford, David Peters and Karl Swift.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Compromise Agreements duly executed by the Company and each of Jennifer Birnie and Hazel
Ede.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Exercise Notices in respect of all Options together with Non Disclosure Agreements executed
in each case by each relevant Seller.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
TCF Completion Documents</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF shall deliver a duly executed transfer of the Preferred Shares.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF shall deliver the share certificate for the Preferred Shares or an indemnity, in the
agreed form, if the certificate has been lost.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>TCF shall deliver an irrevocable voting power of attorney, in the agreed form, in favour of
the Buyers or its nominees to enable the beneficiary (or its proxies) to exercise all voting
and other rights attaching to the Preferred Shares.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A certified copy of any power of attorney under which any document to be delivered by TCF to
the Buyers has been executed by it.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 3<BR>
Buyers&#146; Completion Documents</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A certified copy of the minutes of the board of directors of each of the Buyers authorising
the execution of and the performance of its obligations under this agreement and each of the
documents to be entered into pursuant to this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Holdback Letter duly executed by the Buyers.</TD>
</TR>





</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 48 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 4<BR>
Warranties</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>PART 1<BR>
GENERAL WARRANTIES</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SHARES IN THE TARGET COMPANIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company (or another Target Group Company) is the sole legal and beneficial
owner of the whole allotted and issued share capital of each Target Group Company
(other than the Company), and such issued shares are fully paid up and free from any
Encumbrance.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There is no option, right of pre-emption, right to require transfer or issue,
mortgage, charge, pledge, lien or other Encumbrance or security on, over or affecting
the issued shares of any other Target Group Company (or any unissued shares or
debentures or other unissued securities of any Target Group Company) and there is no
agreement or arrangement to give or create any such Encumbrance or security and no
claim has been made by any person to be entitled to any of the foregoing.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has any subsidiaries or holds or beneficially owns, or has
agreed to acquire, any securities of any undertaking save as set out in
Schedule&nbsp;2;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is or has agreed to become a member of any partnership or
other unincorporated association, joint venture or consortium (other than
recognised trade associations);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has any branch or permanent establishment outside its country
of incorporation;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has circulated any written resolution which could be passed
after Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has at any time purchased, redeemed or repaid any of its own
share capital; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has at any time given any financial assistance in
contravention of any applicable law or regulation.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All dividends or distributions declared, made or paid by a Target Group Company
have been declared, made or paid in accordance with:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>its constitution;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all applicable laws and regulations; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any agreements or arrangements made with any third party
regulating the payment of dividends and distributions.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no options subsisting in respect of the Company as at the date of
this agreement and no person is entitled to exercise any option of whatever nature over
the shares in the Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONSTITUTIONAL AND CORPORATE DOCUMENTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company is validly incorporated, in existence and duly
registered under the laws of its jurisdiction of incorporation and has full power to
conduct its business as conducted at the Completion Date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Copies of the articles of association or other constitutional and corporate
documents of each Target Group Company are contained in the Disclosure Letter and are
true, accurate and complete in all material respects and copies of all the resolutions
and agreements required to be annexed to or incorporated in those documents by all
applicable laws and regulations are annexed or incorporated to them.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 49 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All statutory books and registers of each Target Group Company have been
properly kept and no notice or allegation that any of them is incorrect or should be
rectified has been received.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All returns, particulars, resolutions and other documents which each Target
Group Company is required by law to file with or deliver to any authority in any
jurisdiction (including, in particular, the Registrar of Companies in England and
Wales) have been correctly made up and filed or, as the case may be, delivered.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris US is in good standing under the laws of the State of Delaware and is
duly qualified to do business as a foreign corporation and is in good standing under
the laws of the State of Missouri and each other state or jurisdiction in which either
the ownership or use of the properties owned or used by it, or the nature of the
activities conducted by it, requires such qualification.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INFORMATION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The information in respect of the Target Group set out in Schedule&nbsp;2 is true,
and accurate and not misleading.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save for documents 1.2a, 4.1.c.1 16.1a and R.3.1.5 all Disclosure Documents are
contained within the Data Room (being the Project Titan electronic data room hosted by
Momentum Corporate Finance LLP on its &#147;Backpack&#148; intranet site containing the documents
in relation to the Target Group) and have not been removed, replaced, amended or
updated since the date on which each Disclosure Document was first uploaded to the Data
Room by reference to its document number.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPLIANCE WITH LAWS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has at all times and in all material respects
conducted its business in accordance with its constitution and all applicable laws and
regulations.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has committed, nor, so far as the Warrantors are aware,
is liable for any criminal, illegal, unlawful or unauthorised act or breach of any
obligation or duty whether imposed by or pursuant to statute, contract or otherwise,
and no claim that it has, or is, remains outstanding.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each member of the Target Group has in place all necessary licences and
consents under The Export Control Order 2008 and under EC Regulations 338/97 and
865/2006. All such licences and consents are fully effective and have not expired or
lapsed.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No notice or allegation of breach has been received by or brought to the
attention of any Target Group Company in respect of the importation and exportation of
toxins under any licence granted under The Export Control Order 2008 or in relation to
compounds under EC Regulations 338/97 and 865/2006.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company holds a valid Community General Export Authorisation licence and
the dispatch of any toxins under this licence are fully complaint with the terms of
such licence.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors have Disclosed a copy of all written policies, procedures and
systems adopted by the Company currently in force to ensure compliance by the Company
of its ongoing statutory obligations under The Export Control Order 2008 and under EC
Regulations 338/97 and 865/2006.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors have Disclosed in the Data Room a full list of all toxins that
are subject to any licensing requirements of The Export Control Order 2008 and of all
compounds subject to the licensing regime under EC Regulations 338/97 and 865/2006,
used in any way in connection with the Business as at two Business Days prior to the
date of this Agreement.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 50 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors have Disclosed a list of all controlled drugs subject to the
requirements of the Misuse of Drugs Act 1971 licensing regime used in any way in
connection with the Business as at 27 April&nbsp;2011, in each case identifying the precise
statutory schedule in respect of which a licence has been obtained.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors have Disclosed a true and accurate copy of the Company&#146;s
statement of compliance with the requirements of Misuse of Drugs Act 1971 licensing
regime for the years ending 2007, 2008, 2009 and 2010.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors have Disclosed a true and accurate copy of all written policies,
procedures and systems adopted by the Company currently in force to ensure compliance
by the Company of its ongoing statutory obligations under the Misuse of Drugs Act 1971
and all applicable regulations under that Act.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company has obtained all necessary licences, consents and permits in
relation to the Business required under the Misuse of Drugs Act 1971 and all applicable
regulations under that Act, and all other applicable UK legislation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris US has obtained all necessary licences, consents and permits in relation
to the Business required under any applicable U.S. federal, state or local law or
regulation and the Data Room contains a true and accurate copy of each such license,
consent and/or permit.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company has not received any written notice to the effect that and so far
as the Warrantors are aware, there are no facts or circumstances that might reasonably
lead to either (a)&nbsp;any licence currently granted under the Misuse of Drugs Act 1971 or
any applicable regulations under that Act (or otherwise) being at risk of withdrawal or
amendment by the Home Office, or (b)&nbsp;the application for renewal of the Category 1
Precursor Licence either not being renewed, or if renewed, being renewed on terms or
conditions different to those applied by the Home Office to the applicable 2010
licence.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company has complied at all material times and in all material respects
with all obligations in relation to the Business imposed by the Misuse of Drugs Act
1971 and all applicable regulations under that Act, and all other applicable UK
legislation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris US has complied at all material times and in all material respects with
all obligations in relation to the Business imposed by any U.S. federal, state or local
law or regulation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Target Group has at all times and in all material respects complied with
all UK and US import and export control laws, regulations and similar legal
requirements.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris US is not currently being audited, except in the ordinary course of
business or as is customary in the industry nor, so far as the Warrantors are aware, is
any Target Group Company currently being investigated by the United States Government
Accounting Office, the United States Department of Justice, or any of its agencies, the
Inspector General or other authorities of any agency of the United States government,
any state governmental authority, any equivalent British government department or
agency or any foreign government, nor so far as the Warrantors are aware has any such
audit or investigation been threatened. So far as the Warrantors are aware there is no
valid basis for a claim pursuant to an audit or investigation by the United States
government or any foreign government.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company, Executive nor so far as the Warrantors are aware any
other person acting on any Target Group Company&#146;s behalf has in the course of their
duties to any Target Group Company, directly or indirectly:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.18.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>made, provided, or offered any unlawful, immoral or improper contributions,
payments, other inducements or gifts of anything of value or entertainment to
any government officials or others; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.18.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>made or offered any unlawful or improper expenditure or gifts of anything of
value relating to government officials, or others,</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 51 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>(any such payment hereinafter referred to as an &#147;<B>Unlawful Payment</B>&#148;) and no Target
Group Company has received written notice of any Unlawful Payment or an
investigation of an alleged Unlawful Payment. The Target Group has reasonably
adequate financial controls to prevent and detect such Unlawful Payment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company, Executive nor so far as the Warrantors are aware any
other person acting on any Target Group Company&#146;s behalf has in the course of their
duties to any Target Group Company given, offered, accepted, or received any unlawful
or improper contributions, payments gifts of anything of value, or expenditures.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Target Group is in compliance in all material respect and has, during all
periods for which any applicable statute of limitations has not expired, complied with
all United Kingdom, European Union and other applicable foreign laws and regulations
relating to the prevention of corrupt practices and similar matters.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, no Target Group Company, nor any Executive
would commit any offence under or be in breach of the provisions of the Bribery Act
2010 if the provisions of the same were in force at the date of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.22</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To the best of the knowledge, information and belief of the Warrantors, the
Target Group has in place appropriate policies and procedures which would be
appropriate to ensure compliance with an would comply with the provisions of the
Bribery Act 2010 were the same in force at the date of this Agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.23</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has at all times and in all material respects
complied with REACH to the extent applicable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.24</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group carries on any activity which would require it to obtain any
authorisation under the Radioactive Substances Act 1993.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ACCOUNTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Accounts:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been prepared in accordance with all applicable laws and
regulations and with accounting standards, policies, principles and practices
generally accepted in the UK;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>show a true and fair view of the state of affairs of each
Target Group Company (and in relation to the consolidated accounts, of the
Target Group as a whole) as at the Accounts Date and of the profit and loss of
each Target Group Company and (in relation to the consolidated accounts) of the
Target Group for the accounting period ended on the Accounts Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>make adequate provision or reserve for all bad and doubtful
debts, obsolete or slow-moving stocks and for depreciation on fixed assets;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>do not materially overstate the value of current or fixed
assets;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>do not materially understate any liabilities (whether actual
or contingent);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>contain either provision adequate to cover, or full
particulars in notes of, all Taxation (including deferred Taxation) and other
liabilities (whether quantified, contingent, disputed or otherwise) of the
relevant Target Group Company or the Target Group (as the case may be) as at
the Accounts Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are not affected by any unusual or non-recurring items or any
other factor that would make the financial position and results shown by the
Accounts unusual or misleading in any material respect;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been filed and (if necessary) laid before the relevant
Target Group Company in general meeting in accordance with the requirements of
all applicable laws and regulations; and</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 52 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been prepared on a basis consistent with the accounts of
each Target Group Company and the Target Group (as the case may be) for the
three prior accounting periods without any change in accounting policies used.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Management Accounts:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been prepared on a basis consistent with that employed in
preparing the management accounts of the Target Group for the three prior
accounting periods without any change in accounting policies used; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fairly represent the income and expenditure, profits and
losses and state of affairs of the Target Group as at and to the date to which
they have been prepared.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>FINANCIAL AND OTHER RECORDS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All financial and other material records of each Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been properly prepared and maintained;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>constitute an accurate record of all matters required by law
to appear in them;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>do not contain any material inaccuracies or discrepancies; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are in the possession or control of the Target Group Company
to which they relate;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Copies of all constitutional and corporate documents including all registers,
minute books and board and shareholder resolutions relating to the Target Group have
been provided to the Buyer and such copies are true and accurate in all material
respects.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No notice has been received or, so far as the Warrantors are aware, allegation
made that any of the records referred to in Paragraph&nbsp;6.1 are incorrect or should be
rectified.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All statutory records, including accounting records, required to be kept or
filed by a Target Group Company have been properly kept or filed and comply in all
material respects with the requirements of all applicable laws and regulations.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All deeds and documents belonging to any Target Group Company are in the
control or possession of that Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CHANGES SINCE ACCOUNTS DATE</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Since the Accounts Date:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>each Target Group Company has conducted its business in the normal course and
as a going concern;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there has been no material adverse change in the turnover or financial position
of any Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Target Group Company has issued or agreed to issue any share or loan
capital;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no member of the Target Group has purchased, redeemed or repaid any share
capital;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no loan or loan capital has been repaid by any Target Group Company in whole or
in part or has become liable to be so repaid;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no dividend or other distribution of profits or assets has been, or agreed to
be, declared, made or paid by any Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Target Group Company has borrowed or raised any money or taken any form of
financial security;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Target Group Company has acquired, invested or disposed of (or agreed to
acquire, invest or dispose of) any individual item in excess of &#163;10,000;</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 53 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no shareholder resolutions of any Target Group Company have been passed other
than as routine business at the annual general meeting;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there has been no abnormal increase or reduction of stock in trade;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>none of the stock in trade reflected in the Accounts has realised an amount
materially less than the value placed on it in the Accounts; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Target Group Company has offered price reductions or discounts or allowances
on sales of stock in trade, or sold stock in trade at less than cost price.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LICENCES AND CONSENTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has all the licences, consents, permits and
authorities necessary to carry on its business.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All the Licenses are valid and subsisting and the Warrantors are not aware of
any reason why any of the Licenses should be suspended, cancelled, revoked or not
renewed on the same terms.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each member of the Target Group is, by virtue of the product licences granted
to Tocris Cookson Limited, permitted to manufacture, process, use and sell the licensed
products, and neither Tocris Cookson Limited nor any other member of the Target Group
is in breach of any restriction on sub-licensing, whether express or implied, in
relation to the sale, manufacture, processing or use of those licensed products.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No notice or allegation of breach has been received by, or brought to the
attention of, any Target Group Company in respect of the licensed products.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INSURANCE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Details of the Insurance Policies (including copies of any policy documents)
are contained in the Disclosure Letter and such details are accurate.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no material outstanding claims under, or in respect of the validity
of, any of the Insurance Policies and, so far as the Warrantors are aware, no
circumstances exist which are likely to give rise to such a claim.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All the Insurance Polices are in full force and effect, are not void or
voidable and so far as the Warrantors are aware nothing has been done or not done by
any Target Group Company (or, so far as the Warrantors are aware, by any one else)
which could make any of the Insurance Policies void or voidable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware Completion will not terminate, or entitle
any insurer to terminate, any of the Insurance Policies.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>POWERS OF ATTORNEY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no powers of attorney in force given by any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No person, as agent or otherwise, is entitled or authorised to bind or commit
any Target Group Company to any obligation not in the ordinary course of that Target
Group Company&#146;s business.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate details of all persons (excluding Directors) who have authority to
bind any Target Group Company in the ordinary course of that Target Group Company&#146;s
business are contained in the Disclosure Letter.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DISPUTES AND INVESTIGATIONS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is, or has during the two years preceding the
Completion Date been:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>engaged in any litigation, administrative, mediation or arbitration
proceedings or other proceedings or hearings before any statutory or
governmental body, department, board or agency (except for debt collection in
the normal course of that Target Group Company&#146;s business); or</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 54 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the subject of any enforcement proceedings or, so far as the Warrantors are
aware, any investigation, inquiry or request for information by any
governmental, European Union, administrative or regulatory body or department
or by any organisation charged with the supervision of any activities from time
to time engaged in by the Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Director or any person for whom any Target Group Company is vicariously
liable is, to the extent that it relates to the business of any Target Group Company,
engaged in or subject to any of the matters mentioned in Paragraph&nbsp;11.1.2 and no such
procedures are pending or threatened and the Warrantors do not know of any facts which
are likely to give rise to any such procedure.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is affected by any existing or pending judgments or
rulings or has given any undertakings arising from legal proceedings to a court,
governmental agency, regulator or third party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No such proceedings, investigation or inquiry as are mentioned in Paragraph
11.1 are pending or, so far as the Warrantors are aware, threatened and, so far as the
Warrantors are aware, no circumstances exist which are likely to give rise to any such
proceedings, investigation or inquiry.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company or any of the property or assets of any Target Group
Company are affected by any existing or pending injunction, order, judgment, decree,
ruling or arbitral award and no Target Group Company has given any undertakings to a
court, governmental agency, regulator or third party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company or any current or former Executive has been convicted
of any offence in relation to that Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DEFECTIVE PRODUCTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has manufactured or sold any products which were, at
the time they were manufactured or sold, faulty or defective or did not comply with:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the IPR Licence under which that Target Group Company is entitled to
manufacture or sell the products in question; and/or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all laws, regulations, standards, guidelines and requirements applicable to
the products.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No proceedings have been started, are pending or, so far as the Warrantors are
aware, have been threatened against any Target Group Company in which it is claimed
that any products manufactured or sold by that Target Group Company are defective, not
appropriate for their intended use or have caused bodily injury or material damage to
any person or property when applied or used as intended and the Warrantors are not
aware of any facts which they believe are likely to give rise to any such proceedings.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No proceedings have been started and there are no outstanding liabilities or
claims pending or, so far as the Warrantors are aware, threatened against any Target
Group Company in respect of any services supplied by any Target Group Company for which
it is or is likely to become liable and the Warrantors are not aware of any facts which
they believe are likely to give rise to any such proceedings.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CUSTOMERS AND SUPPLIERS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the 12&nbsp;months ending with the Completion Date the business of no Target
Group Company has been materially affected in an adverse manner as a result of any one
or more of the following things happening to it in relation to any customers or, if in
relation to suppliers, being those suppliers who supplied 5% or more of each Target
Group Company&#146;s supplies (any such suppliers hereinafter referred to as &#147;<B>Material
Suppliers</B>&#148;):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the loss of any customers or Material Supplier;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a material reduction in trade with any customers or in the extent to which it
is supplied by any Material Supplier; or</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 55 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a change in the terms on which it trades with or is supplied by any customers
or Material Supplier.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No single Customer accounts for more than 2% of the sales values received
during the period of 12&nbsp;months preceding the Completion Date by any Target Group
Company or the entire Target Group.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate details of the twenty largest Customers by revenue value of the Target
Group for each of the financial years ending 31 December&nbsp;2010 and 31 December&nbsp;2009 and
for the period ended on the latest Management Accounts, together with the aggregate
total amount of revenue derived by the Target Group from each such Customer are
contained in the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All raw materials and finished goods purchased by the Target Group Company from
one of the Material Suppliers during the period of 12&nbsp;months ending on the Completion
Date are capable, so far as the Warrantors are aware, of being either manufactured or
produced by the Target Group Company or of being supplied from an alternative source of
supply at the time of the Completion Date.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPETITION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is engaged in or has ever been engaged in any
agreement, arrangement, understanding, practice or conduct which amounts to an
infringement of the Competition Law of any jurisdiction in which it conducts or has
conducted business and no Director or any person for whom any Target Group Company is
vicariously liable is or has ever, in relation to the business of any Target Group
Company, been engaged in any activity which would be an offence or infringement under
any such Competition Law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is or has ever been the subject of any proceedings or,
so far as the Warrantors are aware, any investigation or inquiry by any relevant body
in connection with any actual or alleged infringement of the Competition Law of any
jurisdiction in which it conducts or has conducted business and so far as the
Warrantors are aware having made no enquiry of any such relevant body:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no such proceedings, investigation or inquiry are pending or, have been
threatened; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there are no circumstances likely to give rise to any such proceedings,
investigation or inquiry.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONTRACTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is a party to or subject to any agreement or
arrangement which:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is, in the context of its business, of an unusual or exceptional nature;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is not in the ordinary and usual course of its business or materially differs
from its standard terms of business;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>may be terminated as a result of any Change of Control of the Target Group
Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>restricts the freedom of the Target Group Company to carry on the whole or
any part of its business in any part of the world in such manner as it thinks
fit;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is long term (ie not terminable on 60&nbsp;days notice or less without payment of
compensation or damages);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>cannot readily be fulfilled or performed by the Target Group Company on time
or without undue or unusual expenditure of money, effort or personnel;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is loss making to the Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is a distributorship, agency or management agreement or arrangement;</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 56 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is a partnership, joint venture, consortium, joint development, shareholders
agreement or arrangement;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>involves or is likely to involve an aggregate consideration payable by or to
any Target Group Company in excess of &#163;10,000 p.a.;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>requires any Target Group Company to pay any commission, finder&#146;s fee,
royalty or the like;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is for the supply of goods and/or services by or to any Target Group Company
on terms under which retrospective or future discounts, price reductions or
other financial incentives are given;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is not on arm&#146;s length terms;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provides for payments or other dealings in or calculated by reference to any
currency other than pounds sterling; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1.15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is capable of being declared ineffective pursuant to the Public Contracts
Regulations 2006 (as amended by the Public Contracts (Amendment) Regulations
2009);</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and there exist no outstanding offers, proposals, estimates or quotations which, if
accepted or incorporated into an agreement or arrangement, would result in an
agreement or arrangement which, if now in existence, would fall within any of the
Paragraphs in this Paragraph&nbsp;15.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate material details of all Material Contracts are contained in the
Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware each Material Contract is valid, in full
force and effect and binding on the parties to it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has materially defaulted under or committed any
material breach (which has not been remedied) of any Material Contract and, so far as
the Warrantors are aware having made no enquiry of the other party to a Material
Contract, no other party to a Material Contract has defaulted under or breached in the
manner referred to above such a contract.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No notice of termination of a Material Contract has been received or served by
a Target Group Company and so far as the Warrantors are aware having made no enquiry of
the other party to a Material Contract, there are no grounds for determination,
rescission, avoidance, repudiation or a material change in the terms of any Material
Contract.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has waived any of its rights under, or amended or
otherwise modified the material terms of, any Material Contract, except in writing and
as disclosed to the Buyer in the Disclosure Letter in respect of this Warranty.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware no Target Group Company is a party to any
oral contract of the type which would constitute a Material Contract.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Those Material Contracts between a Target Group Company and a distributor of
the Target Group Company&#146;s products which have continued informally following the
expiration of the relevant written contract have continued on the basis of the same
terms as the last written document executed by the Target Group Company and the
relevant distributor in each instance and the behaviour and course of dealing between
each of the parties&#146; to each of those Material Contracts has not changed in any
material way since the expiry of the relevant written agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Those Material Contracts between a Target Group Company and a distributor of
the Target Group Company&#146;s products which has never been the subject of a written
contract has been conducted without the application of any agreed or implied discount
to the products nor with any minimum performance guarantees existing in relation to
either party&#146;s performance in each such instance.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Those Material Contracts between a Target Group Company and a distributor of
the Target Group Company&#146;s products (whether written or not) are on a non-exclusive</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 57 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>basis and do not restrict (expressly or, so far as the Warrantors are aware,
impliedly) any Target Group Company&#146;s ability to appoint additional distributors in
the same geographic region or market sector.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>FINANCE AND GUARANTEES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has any Debt at Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The total amount of the External Debt as at the Completion Date is as set out
in Clause 4.3.5.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Full and accurate details of all money borrowed by each Target Group Company
(including full details of the terms on which such money has been borrowed) are
contained in the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No guarantee, indemnity, counter indemnity, mortgage, charge, pledge, lien,
assignment or other security agreement or arrangement has been given by or entered into
by any Target Group Company or any third party in respect of borrowings or other
obligations of a Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has given or entered into any guarantee, indemnity, counter indemnity,
mortgage, charge, pledge, lien, assignment or other security agreement or
arrangement;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is responsible for the indebtedness, or for the default in the performance of
any obligation, of any other person;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has factored or discounted any of its debts or engaged in financing of a type
which would not need to be shown or reflected in the Accounts;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has waived any set-off it may have against any third party;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has outstanding loan capital or lent any money that has not been repaid; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.5.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has any debts owing to it other than debts that have arisen in the ordinary
course of its business.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has received notice from any lender:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>of any money requiring repayment;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>relating to term loan facilities becoming on demand;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>altering, to that Target Group Company&#146;s disadvantage, the terms of any
facility; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.6.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>intimating the enforcement by that lender of any security which it may hold
over any of that Target Group Company&#146;s assets;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and so far as the Warrantors are aware, there are no circumstances which would now
(or which could with the giving of notice or lapse of time or both) give rise to any
such notice.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The total amount borrowed by any Target Group Company does not exceed any
limitations on the borrowing powers contained in:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>its constitution; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any debenture or other deed or document binding on it.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The debts owing to each Target Group Company shown in their respective Accounts
were paid in full on the date they became due (taking into account any provision for
bad or doubtful debts made in such Accounts).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no debts owing to any Target Group Company which:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 58 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been outstanding for more than two months from their respective due
dates. or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware having made no external enquiries are not
recoverable in full when they fall due.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate details of the balances on all the bank accounts of each Target Group
Company showing the position as at close of business on the last Business Day before
Completion are contained in the Disclosure Letter and no Target Group Company has any
other bank accounts. Since the date of such balances there have been no payments out
of those accounts other than routine payments in the ordinary course of the relevant
Target Group Company&#146;s business.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the reasonable opinion of the Warrantors, having regard to the Retained
Cash, the Target Group has sufficient working capital for the purposes of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>continuing to carry on its business in its present form for the next 3
months;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>executing, carrying out and fulfilling in accordance with their respective
terms all orders, projects and contractual obligations which have been placed
with or undertaken by that Target Group Company; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.11.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>discharging obligations in accordance with the historical practices of that
Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate details of all grants, allowances, subsidies, loans or financial
assistance paid or pledged to any Target Group Company during the last six years by the
European Union, any national or local authority, any government department, any agency
or any other body are contained in the Disclosure Letter and So far as the Warrantors
are aware the Target Group Company in question has not done or failed to do any act or
thing (including the entering into of this agreement) which could result in any such
grants, allowances, subsidies, loans or financial assistance not being paid or pledged
or it becoming repayable or forfeited in whole or in part.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has given or incurred any Target Assurances.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INSOLVENCY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is insolvent or unable to pay its debts within the meaning of the Insolvency
Act 1986 or any other applicable insolvency legislation; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has stopped paying its debts as they fall due.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No step has been taken to initiate any process by or under which:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the ability of the creditors of any Target Group Company to take any action
to enforce their debts is suspended, restricted or prevented;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>some or all of the creditors of any Target Group Company accept, by
agreement, company voluntary arrangement, or in pursuance of a court order, an
amount less than the sums owing to them in satisfaction of those sums;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a person is appointed to manage the affairs, business and assets of any
Target Group Company on behalf of that Target Group Company&#146;s creditors; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the holder of a charge over any Target Group Company&#146;s assets is appointed,
or appoints another person, to control the business and assets of that Target
Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no liquidator, administrator, administrative receiver or other receiver has
been appointed;</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 59 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no documents have been filed with the court for the appointment of an
administrator, a receiver or a liquidator; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no notice of an intention to appoint an administrator has been given by that
Target Group Company, its Directors or by a qualifying floating charge holder
(as defined in paragraph 14 of schedule B1 of the Insolvency Act 1986).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No process has been initiated which could lead to any Target Group Company
going into liquidation or being dissolved and its assets being distributed among its
creditors, shareholders or other contributors.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No distress, execution or other process has been levied on an asset of any
Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No asset of any Target Group Company has been acquired or sold for a
consideration otherwise than for market value.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ASSETS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All assets included in the Accounts or acquired by a Target Group Company since
its Accounts Date and all other assets owned or used by a Target Group Company (but
excluding any assets disposed of since the Accounts Date in the ordinary course of that
Target Group Company&#146;s business) are:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>legally and beneficially owned by that Target Group Company free from any
Encumbrance;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the possession or under the exclusive control of that Target Group
Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>situated in the United Kingdom; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>where subject to a requirement for a licence, duly licensed or registered in
the sole name of that Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>None of the assets owned or used by a Target Group Company is the subject of
any lease, lease hire agreement, hire purchase agreement or agreement for payment on
deferred terms or is the subject of any factoring arrangement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>None of the assets, undertaking or goodwill of any Target Group Company is
subject to any agreement or commitment to create an Encumbrance and, so far as the
Warrantors are aware, no person has claimed to be entitled to create such an
Encumbrance.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">18.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the reasonable opinion of the Warrantors, the assets of each Target Group
Company comprise all the assets necessary for the continuation of its business in the
manner in which such business is carried on as at Completion.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONDITION OF PLANT AND EQUIPMENT AND STOCK IN TRADE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The plant, machinery, equipment and vehicles used in connection with the
business of each Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are in reasonably satisfactory working order (having regard to age and usage)
and have been regularly and properly maintained;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are capable of doing the work for which they were designed; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are not surplus to the current requirements of that Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Maintenance contracts are in full force and effect in respect of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all assets of each Target Group Company which it is normal or prudent to have
maintained by independent or specialist contractors; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all assets which each Target Group Company is obliged to maintain or repair
under any hire purchase, leasing, rental, insurance or other agreement.</TD>
</TR>




</TABLE>
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<P align="center" style="font-size: 10pt"><!-- Folio -->Page 60 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The stock-in-trade (including work in progress) of each Target Group Company is:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in good condition;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the reasonable opinion of the Warrantors, adequate but not excessive in
relation to the current trading requirements of that Target Group Company; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>not obsolete, slow moving, unusable or unmarketable.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">19.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has purchased any stock, goods or materials on terms
that title in it does not immediately pass to that Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ENVIRONMENTAL AND HEALTH AND SAFETY</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The definitions set out below apply in this Paragraph&nbsp;20 only:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;EHS Laws&#148; </B>all applicable laws (whether civil, criminal or administrative), statutes,
regulations, secondary legislation, bye-laws, common law, directives, judgements and
decisions of any court and codes of practice and guidance notes and government circulars and
any instruments or requirements of any regulatory authority or court, which have legal
effect and which relate to or apply to EHS Matters.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;EHS Matters&#148; </B>all matters relating to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>pollution or contamination of the Environment;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the presence, existence, disposal, release, spillage, deposit, escape,
discharge, leak, migration or emission of Hazardous Substances;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the exposure of any person to any Hazardous Substances;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the health and safety of any person, including any accidents, injuries,
illnesses and diseases; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the creation or existence of any noise, vibration, odour, radiation, common law
or statutory nuisance or other adverse impact on the Environment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Environment&#148; </B>the following media, namely air (including air within buildings), water
(including surface water, groundwater and water in drains and sewers) and land (including
surface land, subsurface land and land under water)and other natural structures above or
below the ground and any living organisms (including man) or systems supported by those
media.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Environmental Permits&#148; </B>any permits, licences, consents, registrations, approvals,
certificates, exemptions or other authorisations issued pursuant to or required under any
EHS Laws for the operation of the Business (or any part of the Business) of any Target Group
Company or in relation to any of the Properties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Hazardous Substances&#148; </B>any material, natural or artificial substance (whether solid, liquid
or gas) or organisms which, alone or in combination with others, are capable of causing harm
to man or any other living organism, or damaging the Environment.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Statutory Agreement&#148; </B>an agreement or undertaking entered into under any legislation.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has obtained and has at all times complied with all
Environmental Permits. All Environmental Permits are in full force and effect and each
Target Group Company complies and has complied at all times with the conditions of all
Environmental Permits and no Target Group Company has received any written notice nor,
so far as the Warrantors are aware, any oral notice, that may lead to the revocation,
suspension, variation, non-renewal of or inability to transfer any Environmental
Permits.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, each Target Group Company has at all times
complied with all EHS Laws.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, there are no Hazardous Substances at, on or
under, nor have any Hazardous Substances been emitted, escaped or migrated from, any of
the Properties in circumstances such that remediation or other works are likely to be
required under EHS Laws.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 61 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There have been no claims, investigations, prosecutions, convictions or other
proceedings against or, so far as the Warrantors are aware, threatened in writing
against any Target Group Company or any Executive in writing in respect of any alleged
breach of any Environmental Permits or EHS Laws. At no time has any Target Group
Company received any written notice or communication from a competent regulatory
authority alleging any liability in relation to any EHS Laws or that any material works
are required to comply with EHS Laws.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has been engaged in any litigation or arbitration or
administrative action or subject to any investigations in connection with EHS Laws and
the Warrantors are not aware of any such matters pending or being threatened or of any
facts or circumstances likely to give rise to such matters.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has received any enforcement, prohibition, stop,
remediation, improvement or any other notice from any enforcement authority, including
the Environmental Agency, the Health and Safety Executive and the relevant local
authority, with regard to any breach or alleged breach of any EHS Laws.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has or is likely to have any actual or potential
liability under any EHS Laws by reason of it having owned, occupied or used any Other
Land.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, there are no underground storage tanks or
asbestos-containing materials at any of the Properties</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Details of any remedial work carried out at the Properties by, on behalf of or
at the request or permission of any Target Group Company has been Disclosed.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Details of all serious accidents, illnesses and reportable diseases reported
in the last 6&nbsp;years in connection with any Employees, former employees of any Target
Group Company and/or relate to any incidents at any of the Properties or Other Land are
set out in the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Copies of all:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>current Environmental Permits;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>reports in respect of environmental and health and safety audits,
investigations or other assessments carried out in the last 6&nbsp;years; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.11.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>material correspondence (save for correspondence in relation to the fire on
2nd December&nbsp;2003 in a laboratory at the Target Group&#146;s previous property,
further details of which are set out in the NSG Report disclosed in the
Disclosure Letter with specific reference to Warranty 20.1) between any Target
Group Company and any relevant enforcement authority;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>relating to the business of any Target Group Company or any of the Properties are
contained in the Disclosure Letter and are accurate.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INTELLECTUAL PROPERTY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Disclosure Letter contains accurate details of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all the Target Group IPR;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all the IPR Licences; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all renewal or application fees falling due within three months following the
Completion Date.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company requires any IPR other than the Target Group IPR or as
permitted under the IPR Licences in order to carry on its business as carried on at
Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware the Target Group IPR is valid, subsisting
and enforceable and nothing has been done or not been done by any Target Group Company
as a result of which any of the Target Group IPR has ceased or is likely to cease to be
valid, subsisting or enforceable. In particular:</TD>
</TR>




</TABLE>
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<P align="center" style="font-size: 10pt"><!-- Folio -->Page 62 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all application and renewal fees and other steps required for the maintenance
or protection of such rights have been paid on time or taken;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all Confidential Information has been kept confidential and the Target Group
has taken reasonable endeavours to ensure that it has not been disclosed to
third parties;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware, no mark, trade name or domain name
identical or substantively similar to any Target Group IPR:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has been registered for a class or classes of goods or services
similar to those supplied by any Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is being used by any person in the same business to that of any
Target Group Company in any country in which any Target Group
Company has registered or is using that mark, trade name or domain
name;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there are and have been no claims, disputes or proceedings, pending or, so
far as the Warrantors are aware, threatened in relation to the ownership or use
of any Target Group IPR; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.3.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any applications for registered IPR comprised within the Target Group IPR are
being actively prosecuted by a Target Group Company and are, so far as the
Warrantors are aware, not being attacked, opposed or resisted by any person.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, there has been none, nor is there any
current infringement by any third party of any Target Group IPR or any third party
breach of confidence, passing off or actionable act of unfair competition in relation
to the business and assets of any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The IPR Licences:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are valid and binding;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have not been the subject of any breach or default by any Target Group
Company , including breach of any confidentiality undertaking given pursuant to
such IPR Licences or to any other persons and so far as the Warrantors are
aware, have not been the subject of any event which, with the giving of notice
or lapse of time, would constitute a default;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are not the subject of any claim, dispute or proceedings, pending or, so far
as the Warrantors are aware, threatened; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have, where required, been duly recorded or registered.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware (for the avoidance of doubt having made no
enquiry of the counterparties to any such IPR licences), a Change of Control of any
Target Group Company will not result in the termination of, or materially affect, any
of the Target Group IPR or the IPR Licences.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The activities of any Target Group Company or, so far as the Warrantors are
aware (for the avoidance of doubt having made no enquiry of any such licencees), of any
licensees of a Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have not infringed the IPR of any third party;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have not constituted and do not constitute any breach of confidence, passing
off or actionable act of unfair competition; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have not given and do not give rise to any obligation to pay any royalty,
fee, compensation or any other sum whatsoever other than in accordance with the
terms of any such licences.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 63 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">21.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company uses any name for any purpose in connection with the
Business other than the full corporate names of each of the corporate entities which is
a Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">22</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INFORMATION TECHNOLOGY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate details of the IT System and all material IT Contracts are contained
in the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save to the extent provided in the IT Contracts, the Target Group owns the IT
System free from Encumbrance and each Target Group Company has obtained all necessary
rights from third parties to enable it to make exclusive and unrestricted use of the IT
System.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, the IT Contracts are valid and binding and
no act or omission has occurred which would (or which could with the giving of notice
or lapse of time or both) constitute a breach of any IT Contract.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are and have been no claims, disputes or proceedings arising under any IT
Contracts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No IT Contract is liable to be terminated or otherwise materially affected by a
Change of Control of any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save in respect of commercially available off the shelf software, a Target
Group Company has possession or control of the source code of all software in the IT
System, or has the right to gain access to such code under the terms of source code
deposit agreements with the owners of the rights in the relevant software and reputable
deposit agents.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the IT System has not been the target of a successful attack on it security
or integrity during the 3&nbsp;years preceding the Completion date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all web sites comprised within the IT System comply with all applicable rules
on accessibility.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The elements of the IT System:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are functioning substantially in accordance with all applicable
specifications;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>are not defective in any material respect and have not been materially
defective or materially failed to function during the last three years;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware, are protected by adequate firewall and
antivirus measures and such other technical and organisational security
measures as are appropriate in accordance with good industry practice so as to
prevent or minimise both the risk of and scope for damage of any security
breach including without limitation denial of service attack, introduction of
malicious or damaging code, unauthorised access to or destruction of data and
the like;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the reasonable opinion of the Warrantors, have sufficient capacity and
performance to meet the current business requirements of each Target Group
Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>include sufficient user information to enable reasonably skilled personnel in
the field to use and operate the IT System without the need for further
assistance;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have been regularly and properly maintained; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.8.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>have the benefit of appropriate maintenance and support agreements, accurate
particulars of which are contained in the Disclosure Letter.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Disclosure Letter contains accurate details of each Target Company&#146;s:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 64 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>procedures (including in relation to off site working where applicable) for
ensuring the security of the IT System and the confidentiality and integrity of
all data stored on it; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>disaster recovery plans.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The IT System is capable of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>performing its functions in multiple currencies, including the Euro;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>satisfying all applicable legal requirements relating to the Euro, including
the conversion and rounding rules in EC Regulation&nbsp;1103/97;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>displaying and printing the generally accepted symbols for the Euro and any
other currency; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">22.10.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>processing the generally accepted codes for the Euro and any other currency.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">23</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DATA PROTECTION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">23.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has obtained and maintained in force all
registrations and notifications necessary under the Data Protection Acts in relation to
its business including each registration relating to the obtaining, holding,
processing, transfer and disclosure of Personal Data (as defined in the Data Protection
Act 1998) effected by that Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">23.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has so far as the Warrantors are aware at all times
complied with all relevant provisions of the Data Protection Acts (including the eight
data protection principles).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">23.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has received:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">23.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any notice, letter or complaint alleging a breach by it of any of the
provisions of the Data Protection Acts; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">23.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any notice from the Information Commissioner&#146;s Office.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">24</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EMPLOYMENT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The name of each person who is a Director is set out in the correct part of Schedule&nbsp;2.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Accurate and anonymised details of each Employee and Consultant and the
principal terms of their contracts or the terms on which they provide services are set
out in the Disclosure Letter, including (as applicable):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Target Group Company which employs or engages them;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their remuneration (including any benefits and privileges provided or which
the relevant Target Group Company is bound to provide to them or their
dependants, whether now or in future);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their start date or the commencement date of their employment and the date on
which their continuous service began;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the length of notice necessary to terminate their contract or agreement or,
if a fixed term, the expiry date of the fixed term and details of any previous
renewals;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their hours of work;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their place of work;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any country in which the Employee or Consultant works or performs services
and/or is paid, if the Employee or Consultant works or is paid outside England
and Wales;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the law governing the contract, if the Employee or Consultant works or is
paid outside England and Wales; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of Employees only:</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 65 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the type of contract (whether full or part-time or other);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their date of birth; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.2.9.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>their job description, position or grade.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Disclosure Letter contains accurate copies of all:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>standard service agreements, standard contracts (in each case indicating
which apply to which class or classes of Employee), handbooks, policies and
procedures and other documents which apply to any Employee or engagement of
any Employee or Director and details of any material variations to any such
agreements, contracts, handbooks, policies and procedures or other documents
made in respect of any individual Employee or Director; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>agreements or arrangements (and details of any unwritten agreements
or arrangements) with any trade union, employee representative, body of employees
or any other body representing the interest of any of the Employees or their
representatives (whether binding or not) to which any Target Group Company is a
party and which may affect any Employee, including any recognition agreements and
any other collective agreements or arrangements affecting the Employees.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no labour organisations representing, purporting to represent or
attempting to represent any Employee of the Company and there has never been, nor has
there been any threat of, any strike, slowdown, work stoppage, lockout, concerted
refusal to work overtime or other similar activity or dispute affecting the Company or
any of its Employees.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Employee:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is on secondment, maternity, paternity, adoption, or parental leave;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is absent due to ill-health or for any other reason and whose absence will
not cease within 28&nbsp;days of Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has been absent for one month or more in the 24&nbsp;months preceding the
Completion Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has in the 12&nbsp;months preceding the Completion Date made any request:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for a flexible working arrangement; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to work beyond their normal retirement date; or</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.5.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is subject to a current disciplinary warning or procedure.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In the 12&nbsp;months preceding the Completion Date no Target Group Company has:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>given any notice of redundancies to the Secretary of State or started any
consultations with any trade union or employee representatives under part IV of
the Trade Union and Labour Relations (Consolidation) Act 1992);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>been a party to any Relevant Transfer (as defined in the Transfer of
Undertakings (Protection of Employment) Regulations 2006); or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>altered or agreed to alter any of the material terms of employment or
engagement of any Employee other than in the ordinary course of business.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Employee has given notice or is under notice to terminate their contract of
employment or so far as the Warrantors are aware, no Employee has threatened to give
notice.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No questionnaire has been served on any Target Group Company by any Employee
(or their representative) in accordance with the Equality Act 2010, the Sex</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 66 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Discrimination Act 1975, the Race Relations Act 1976, the Disability Discrimination
Act 1995, the Employment Equality (Religion or Belief) Regulations 2003, the
Employment Equality (Sexual Orientation) Regulations 2003, the Employment Equality
(Age) Regulations 2006 or the Equal Pay Act 1970 which remains unanswered in full or
in part.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No offer of employment or engagement has been made by any Target Group Company
that has not yet been accepted, or which has been accepted but where the employment or
engagement has not yet started.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All contracts between a Target Group Company and its Employees are terminable
at any time on not more than three months&#146; notice without compensation (other than for
unfair dismissal or a statutory redundancy payment) or any liability on the part of
that Target Group Company other than wages, commission, pay in lieu of accrued but
unused holiday or pension.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is engaged in:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware, any dispute with any
Employee or former employee (or his representatives) relating to
their employment, its termination or any reference given by a
Target Group Company regarding him; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any industrial or trade dispute or negotiation regarding a
claim with any trade union, group or organisation of Employees or
their representatives;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and no such dispute, negotiation or claim is pending, outstanding or, so
far as the Warrantors are aware, threatened and, so far as the
Warrantors are aware, there are no circumstances which are likely to
give rise to any such dispute, negotiation or claim;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is a party to, bound by or has given notice to any of its Employees that it
is proposing to introduce in respect of any of its Directors or Employees any:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>redundancy payment scheme in addition to statutory redundancy
pay (and there is no agreed procedure for redundancy selection); or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>incentive scheme (including any share option arrangement,
commission, profit sharing or bonus scheme);</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has so far as the Warrantors are aware, incurred any actual or contingent
liability:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in connection with any termination of employment of any
Employee (including, without limitation, redundancy payments) in
the 24&nbsp;months preceding the Completion Date which remains
outstanding;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for failure to comply with any order of any employment
tribunal for the reinstatement or re-engagement of any Employee; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>for failure to provide information or to consult with any
Employee (or their representatives);</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and the Warrantors are not aware of any circumstances that are likely to
give rise to any such liability;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has made or agreed to make a payment or provided or agreed to provide a
benefit (other than in respect of contractual remuneration or emoluments of
employment or pension benefits) to any current or former Executive, Consultant,
or independent contractor or their dependants in
</TD>
</TR>
</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 67 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>connection with the actual or proposed termination or suspension of
employment or engagement or variation of an employment contract or
contract for services;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has transferred or agreed to transfer any Employee from working for any
Target Group Company in the 24&nbsp;months preceding the Completion Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has offered, promised or agreed to any material future variation in the
contract of employment any Employee; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.11.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>engages any person on work experience, training apprenticeships or other
similar arrangements.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There is no person employed or engaged by any Target Group Company who now or,
so far as the Warrantors are aware, in the future has or is likely to have any right to
return to work or to be reinstated or re-engaged or to receive any compensation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no sums owing to or from any Employee other than reimbursement of
expenses, pay for the current month and holiday pay for the current holiday year, PAYE
and National Insurance contributions in respect of the payment period current at the
date of this agreement, and benefits or fees accrued but not yet payable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In respect of each Employee and each Consultant, the relevant Target Group
Company has:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.14.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>performed all material obligations and duties it is required to perform (and
settled all outstanding claims) whether arising as a result of any arrangement
or agreement with any trade union or employee representative body or under
contract, statute, at common law or in equity or under any treaties including
the EC Treaty or laws of the European Community or otherwise; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.14.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>maintained adequate, suitable and up to date records regarding their terms
and conditions of employment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has complied with the terms of any relevant
agreement or arrangement with any trade union, employee representative or body of
Employees or their representatives (whether binding or not).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Every Employee who requires permission to work in the United Kingdom has
current and appropriate permission to work in the United Kingdom and a copy of that
permission is held by the relevant Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Every Employee who requires permission to work in the United States for Tocris
US has current and appropriate permission to work in the United States and a copy of
that permission is held by Tocris US.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In each case in respect of each Target Group Company:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.18.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there has not been any recommendation or declaration by any employment
tribunal or any investigation by any body responsible for investigating or
enforcing matters relating to discrimination in the 12&nbsp;months preceding the
Completion Date; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.18.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all and any recommendations made by ACAS and all and any awards or
declarations made by the General Arbitration Committee have been complied with.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Complete and accurate details of all incentive schemes or other incentive
arrangements (including any share option arrangement, commission, profit sharing or
bonus scheme) established by any member of the Target Group or any shareholder of the
Company in which any Target Group Company or any of their respective Directors or
Employees participates are set out in the Disclosure Letter.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">24.20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is bound or accustomed to pay any monies (other than
in respect of contractual remuneration or emoluments of employment or pension benefits)
to or for the benefit of any Director, Employee, former employee or their dependents in
each case of any Target Group.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 68 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">25</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EFFECT OF SALE OF SALE SHARES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither the acquisition of the Sale Shares by the Buyer or compliance with the
terms of this agreement will:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware, cause any Target Group Company to lose
the benefit of any right or privilege which is material to its business and
which it presently enjoys;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>relieve any person of any obligation to a Target Group Company (whether
contractual or otherwise), or enable any person to determine any such
obligation or any right or benefit enjoyed by a Target Group Company, or to
exercise any right in respect of a Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>give rise to, or cause to become exercisable, any right of pre-emption over
the Sale Shares, other than pursuant to the articles of association of the
Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>entitle any person to receive from a Target Group Company any finder&#146;s fee,
brokerage or other commission;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in any customer or supplier being entitled to cease dealing with a
Target Group Company or to reduce substantially its existing level of business
or to change the terms on which it deals with any Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in any Employee or Director:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>becoming entitled to any payment, enhancement of benefits or
change in terms and conditions as a result or in connection with
the Transaction; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>so far as the Warrantors are aware (having made no enquiry of
any Employee or Director), leaving the relevant Target Group
Company;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in a material breach of contract, law, regulation, order, judgment,
injunction, undertaking, decree or other like imposition;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in the loss or impairment of or any default under any of the Licences
or IPR Licences;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in the creation, imposition, crystallisation or enforcement of any
Encumbrance on any of the assets of any Target Group Company;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in any present or future indebtedness of any Target Group Company
becoming due and payable, or capable of being declared due and payable, prior
to its stated maturity date or in any financial facility of any Target Group
Company being withdrawn;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>result in a breach of any of the Target Group&#146;s constitutional
documentation; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.1.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>entitle any person to acquire, or affect the entitlement of any person to
acquire shares in the Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">25.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No consent, authorisation, licence or approval of or notice to any
governmental, administrative, judicial or regulatory body, authority, organisation or
other third party is required to authorise the execution, delivery, validity,
enforceability or admissibility in evidence of this agreement in respect of the Target
Group and/or the Sellers or the performance by the Sellers of their obligations under
this agreement or will be required as a consequence of this agreement.</TD>
</TR>





</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 69 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
Property Warranties</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The definitions set out below apply in this Part only.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Current Use&#148; </B>the use for each Property as set out in the Property Document.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Lease&#148; </B>the lease under which each Property is held.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Lease Sums&#148; </B>all principal rent and additional rent and all other sums payable by each lessee,
tenant, licensee or occupier under each Lease.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Other Land&#148; </B>any land and/or buildings that have, at any time before the date of this agreement,
been owned (under whatever tenure) and/or occupied and/or used by the Company but which are either
no longer owned, occupied or used by the Company or are owned, occupied or used by the Company but
pursuant to a different lease, licence, transfer or conveyance.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Planning Legislation&#148; </B>any primary or secondary legislation from time to time regulating the use or
development of land.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Statutory Agreement&#148; </B>an agreement or undertaking entered into under any legislation.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Properties are the only land and buildings owned, used or occupied by the Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company does not have any right of ownership, right of use, option, right of first
refusal or contractual obligation to purchase, or any other legal or equitable right, estate
or interest in, or affecting, any land or buildings other than the Properties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither the Company, nor any company that has at any time been a subsidiary of the Company,
has:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any actual or contingent liability in respect of Other Land; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>given any guarantee or indemnity for any liability relating to any Property,
any Other Land or any other land or buildings.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company is in possession and actual occupation of each Property on an exclusive basis.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No right of occupation or enjoyment has been acquired or is in the course of being acquired
by any third party and the Company has not granted, or agreed to grant, any right of
occupation or enjoyment in respect of any Property to any third party.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All the documents of title to be delivered to the Buyer on Completion as listed in the
Property Document are original documents.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All relevant Stamp Duty Land Tax has been paid in relation to each Lease and each Lease has
been registered at the Land Registry, where required.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no insurance policies relating to any issue of title affecting any Property.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Lease, the landlord and each lessee, tenant, licensee or occupier has
observed and performed in all material respects (but not so as to warrant that the repairing
and decorating obligations in each Lease have been fulfilled) all covenants, restrictions
stipulations and other encumbrances and there has not been (expressly or impliedly) any waiver
of or acquiescence to any breach of them.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to each Lease, all Lease Sums have been paid as and when they became due and no
Lease Sums have been:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>set off or withheld; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>commuted, waived or paid in advance of the due date for payment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No collateral assurances, undertakings or concessions have been made by any party to any
Lease.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 70 of
128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, any consents required for the grant of each Lease (but not
so as to confirm that the reversioner&#146;s title to each Lease has been Disclosed and is
satisfactory) and for the assignments of each Lease, have been obtained and placed with the
documents of title along with evidence of the registration of grant where required.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Property (and the proceeds of sale from it) is free from:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any mortgage, debenture, charge (whether legal or equitable and whether fixed
or floating), rent charge, lien or other right in the nature of security; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any agreement for sale, estate contract, option, right of pre-emption or right
of first refusal;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and there is no agreement or commitment to give or create any of them.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Property is subject to the payment of any outgoings other than non-domestic local business
rates and water and sewerage charges, principal rent, insurance premiums and service charges
and all outgoings have been paid when due and none is disputed</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, there are no circumstances (but not so as to warrant that
the repairing and decorating obligations in each Lease have been fulfilled) which (with or
without taking other action) would entitle any person to exercise any powers of entry to, or
take possession of all or any part of any Property, or which would in any other way affect or
restrict the continued possession, enjoyment or use of any Property or any part thereof.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, there are no outstanding notices of breaches of covenants
as regards the Properties</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Company has not (nor has anyone on behalf of the Company) expressly or impliedly waived
any breach by any person of any covenant, agreement, restriction, stipulation or obligation
relating to any Property or of which any Property has the benefit.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Property is actively used by the Company in connection with its business.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, all necessary building regulation consents have been
obtained both in relation to the Current Use of each Property and any alterations and
improvements to that Property.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, no claim or liability (contingent or otherwise) under the
Planning Legislation in respect of any Property, or any Statutory Agreement affecting any
Property, is outstanding, nor is any Property the subject of a notice to treat or a notice of
entry and so far as the Warrantor is aware, no notice, order resolution or proposal has been
published for the compulsory acquisition, closing, demolition or clearance of any Property and
the Warrantor is not aware of any matter or circumstance which would lead to any such notice,
order, resolution or proposal.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A risk assessment has been carried out in respect of each Property so as to comply with the
Regulatory Reform (Fire Safety) Order 2005 and a copy of each assessment is Disclosed.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">22</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, the Company has complied with all applicable statutory and
bye-law requirements, and all regulations, rules and delegated legislation, relating to each
Property and its Current Use.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">23</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no development works, redevelopment works or fitting-out works outstanding in
respect of any Property.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">24</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, no notices, complaints or requirements have been issued or
made (whether formally or informally) by any competent authority or undertaking exercising
statutory or delegated powers in relation to any Property or the Current Use of any Property
and the Warrantor is not aware of any matter which could lead to any such notice, complaint or
requirement being issued or made.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">25</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantor is aware, there exists no dispute between the Company and the owner
or occupier of any other premises adjacent to or neighbouring any Property and the Warrantor
is not aware of any circumstances that may give rise to any such dispute after the date of
this agreement.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 71 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">26</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All written replies given by or on behalf of the Warrantors or any Target Group Company in
response to any written enquiries raised by or on behalf of the Buyer in relation to any
Property being specifically referred to in the Disclosure Letter by reference to this
warranty, were accurate at the date they were given.</TD>
</TR>

</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 72 of 128<!-- /Folio -->
</DIV>



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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 3<BR>
Pension Warranties</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The definitions set out below apply in this Part only:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Death Benefits Scheme&#148; </B>the registered pension scheme established by a trust deed dated 1 August
1994 and known as Tocris Cookson Ltd Group Life Assurance Scheme, which provides benefits on death
in service only.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;GPP&#148; </B>the group personal pension plan known as the Tocris Cookson Limited Contributory GPPP
operated through Scottish Equitable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Individual Pension Arrangements&#148; </B>the arrangements pursuant to which any Target Group Company pays
contributions into the individual personal pension arrangements of Andrew Birnie.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Pension Schemes&#148; </B>the Death Benefits Scheme, the GPP, the Individual Pension Arrangements
(including, where the context requires, the registered pension schemes into which contributions are
paid under those arrangements).
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Relevant Benefits&#148; </B>benefits on retirement, death, disability, ill-health or termination of
employment.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;US Plan&#148;</B> any &#147;employee benefit plan&#148; (within the meaning of Section&nbsp;3(3) of the U.S.
Employee Retirement Income Security Act of 1974, as amended (&#147;<U><B>ERISA</B></U>&#148;), and any stock
purchase, stock option, severance, change-in-control, fringe benefit, bonus, incentive, deferred
compensation, employment or other material employee benefit plan, agreement, program, policy or
other arrangement, whether or not subject to ERISA (including any funding mechanism therefore now
in effect or required in the future as a result of the transactions contemplated by this agreement
or otherwise), whether formal or informal, and whether or not terminated, under which any current
or former employee, officer or director of Tocris US has any present or future right to benefits or
Tocris US or any other Target Group Company has any current or future potential liability to or on
behalf of any current or former employee, officer or director of Tocris US (including an obligation
to make contributions). For the avoidance of doubt, the term &#147;US Plan&#148; shall not include any
&#147;multiemployer plan&#148; within the meaning of Section&nbsp;3(37) of ERISA.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Pensions Schemes are the only arrangements under which any Target Group Company has or
may have any obligation (whether or not legally binding) to provide or contribute towards the
provision of Relevant Benefits to or in respect of any Pensionable Employee.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Except under the Pension Schemes, no Target Group Company has ever previously provided or
contributed towards the provision of, or now provides or contributes towards the provision of,
Relevant Benefits to or in respect of any Pensionable Employee.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No proposal, announcement, undertaking or assurance (whether or not legally binding) has been
made or given to any Pensionable Employee about:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the introduction of, or the payment of a contribution towards, any Relevant
Benefits other than under a Pension Scheme; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the continuance or improvement of, or the payment of an increased contribution
towards, any Pension Scheme.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No power has been exercised under any Pension Scheme to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>augment benefits payable to or in respect of any Pensionable Employee;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>provide additional or different benefits to or in respect of any Pensionable Employee; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>admit to membership any Pensionable Employee who would not normally be eligible
for membership of that Pension Scheme or on terms other than those that would normally
be applicable under that Pension Scheme.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are Disclosed documents containing full, accurate and up-to-date details of each
Pension Scheme and of each Target Group Company&#146;s and each Pensionable Employee&#146;s obligations
and liabilities under that Pension Scheme including the following:</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 73 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all trust deeds, rules, resolutions, policies and other documents establishing,
governing or relating to the Death Benefits Scheme;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all announcements, explanatory booklets, letters, notices and other
communications relating to pension matters issued to any Pensionable Employee
(including a copy of the latest sales brochure supplied to any Pensionable Employee in
relation to the GPP);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>data for all members and beneficiaries (including Pensionable Employees who are
not members of the relevant Pension Scheme but are eligible to join or will be so
eligible on satisfying any conditions of eligibility) which are relevant and necessary
to establish their entitlements under the relevant Pension Scheme (including name, date
of birth, pensionable salary, date of joining the relevant Target Company and date of
joining that Pension Scheme, and membership category);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the latest payments schedule and details of all employee and employer
contributions which are or which may become payable under any Pension Scheme in respect
of any Pensionable Employee, the bases for calculating these (including any
discretionary practices), details of any salary or bonus sacrifice arrangements, and
the rate of annual premium for the provision of any death benefits;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>details of all benefits which are or which may become payable under any Pension
Scheme to or in respect of any Pensionable Employee, the bases for calculating these
(including any discretionary practices), and any earmarking and pension sharing orders;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>proposed changes to any information contained in any of the documents listed
above.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Death Benefits Scheme and so far as the Warrantors are aware the GPP and the Individual
Pension Arrangements are registered pension schemes within the meaning of section 150(2) of
the Finance Act 2004 and so far as the Warrantors are aware there are no circumstances which
could lead to such registration being withdrawn.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Death Benefits Scheme, each Target Group Company and the trustees of that
Pension Scheme; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the GPP and the Individual Pension Arrangements, each Target Group Company and
(so far as the Warrantors are aware) the trustees, managers and/or administrators of
such Pension Scheme;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>comply and have at all times complied with all legal and regulatory
requirements (including requirements of EU law) relevant to that Pension Scheme and to
the participation of that Target Group Company and/or of any Pensionable Employee in
that Pension Scheme.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No discrimination on grounds of age, sex, disability, marital status, hours of work,
fixed-term or temporary agency worker status, sexual orientation, religion or belief is or has
at any stage been made in the provision of any Relevant Benefits by any Target Group Company
or by the trustees of the Death Benefit Scheme in relation to any Pensionable Employee.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No claims, disputes, investigations or complaints (including complaints, submissions or
referrals to the Pensions Ombudsman, the Pensions Regulator or the Pensions Advisory Service)
have been made or are pending or, so far as the Warrantors are aware, threatened in relation
to the Death Benefits Scheme and the GPP or in respect of the provision of (or failure to
provide) Relevant Benefits by any Target Group Company in relation to any Pensionable
Employee. So far as the Warrantors are aware there is no fact or circumstance likely to give
rise to any such claim, dispute, investigation or complaint.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All amounts (including contributions and expenses) payable by each Target Group Company to
and/or in respect of any Pension Scheme that have fallen due for payment have been paid within
the statutory or other legal time limits for payment and each Target Group Company has
maintained a direct payment record. All material liabilities which have been incurred in
respect of any Pension Scheme but which have not yet fallen due for payment have been
Disclosed.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 74 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All benefits payable under the Death Benefits Scheme and the GPP and/or by any Target Group
Company on the death of any Pensionable Employee are fully insured with one or more reputable
insurance companies at such company or companies&#146; normal rates and on its or their normal
terms for persons in good health, and all premiums due up to Completion have been paid. Full
details of the relevant insurance policy or policies or contract(s) (including copies of
documentation and evidence of payment of premiums) and of the levels of benefits payable have
been Disclosed. The Warrantors are not aware of any grounds on which the relevant insurance
company or companies might avoid liability under such policy or policies or contract(s).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Except in the case of those benefits which are fully insured:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all benefits under each Pension Scheme are calculated on a money purchase basis
only (as defined in section 181(1) of the Pension Schemes Act 1993); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there is no obligation under any Pension Scheme and no undertaking or promise
(whether enforceable or not) has been given by or on behalf of any Target Group Company
to provide any specified level of benefits to or in respect of any Pensionable Employee
(whether under a Pension Scheme or otherwise).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In relation to any Pensionable Employee whose contract of employment transferred to any
Target Company from another employer in circumstances where the Transfer of Undertakings
(Protection of Employment) Regulations 1981 or the Transfer of Undertakings (Protection of
Employment) Regulations 2006 applied:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has complied with its obligations (if any) under
sections 257 and 258 of the Pensions Act 2004 and under the Transfer of Employment
(Pension Protection) Regulations 2005; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no such Pensionable Employee was entitled to occupational pension scheme rights
in respect of any period of continuous employment prior to such transfer, other than
rights relating solely to benefits for old age, invalidity or survivors (within the
meaning of Regulation&nbsp;10(2) of the Transfer of Undertakings (Protection of Employment)
Regulations 2006).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No circumstances exist at Completion or have previously arisen which would or might expose
any Target Company to any liabilities arising under sections 38 to 51 (inclusive)&nbsp;of the
Pensions Act 2004, or under section 75 (as amended) of the Pensions Act 1995 and its
associated regulations.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Disclosure Letter sets out accurate details of each US Plan, including, to the extent
applicable:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all plan documents, including all amendments;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all related trust agreements or other funding instruments, insurance contracts
and administrative contracts;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the most recent determination or opinion letter issued by the U.S. Internal
Revenue Service (the &#147;<B>IRS</B>&#148;) with respect to such plan;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the current summary plan description and other equivalent written
communications by Tocris US or any other Target Group Company to its U.S. employees
concerning the extent of the benefits provided under each U.S. Plan;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if applicable, audited financial reports and Forms 5500 (including all
schedules thereto) for the three most recent plan years; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all correspondence with any governmental entity relating to any action or
potential action arising in connection with the U.S. Plans.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>With respect to the U.S. Plans:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>each U.S. Plan has been established and administered in accordance with its
terms and in material compliance with applicable laws, including ERISA and the U.S.
Internal Revenue Code of 1986, as amended (the &#147;<B>Code</B>&#148;), including all filing and
disclosure requirements imposed on it with respect to such U.S. Plans, and no
non-exempt prohibited transaction, as described in Section&nbsp;406 of ERISA or Section&nbsp;4975</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 75 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left"><B>&nbsp;</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD>of the Code, or accumulated funding deficiency, as defined in Section&nbsp;302 of ERISA
or Section&nbsp;412 of the Code, has occurred with respect to any U.S. Plan, and all
contributions required to be made under the terms of any U.S. Plan have been timely
made;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>each U.S. Plan intended to be qualified under Section 401(a) of the Code has
received a favorable determination and/or opinion letter, as applicable, from the IRS
that it is so qualified and, to the best of the knowledge, information and belief of
the Warrantors, nothing has occurred that would reasonably be expected to cause any
such U.S. Plan to not be so qualified;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there is no action (including, to the best of the knowledge, information and
belief of the Warrantors, any investigation, audit or other administrative proceeding)
by the U.S. Department of Labor, the Pension Benefit Guaranty Corporation, the IRS or
any other governmental entity or by any plan participant or beneficiary pending, or so
far as the Warrantors are aware, threatened, relating to the U.S. Plans, any
fiduciaries thereof with respect to their duties to the U.S. Plans, or to the assets of
any of the trusts under any of the U.S. Plans (other than routine claims for benefits),
nor are there facts or circumstances that exist that would reasonably be expected to
give rise to any such Actions; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>each U.S. Plan that is a nonqualified deferred compensation plan within the
meaning of, and subject to, Section&nbsp;409A of the Code has been administered, operated
and maintained according to the requirements of Section&nbsp;409A of the Code and in all
material respects in accordance with the terms of such plan; no person or entity is
entitled to receive any additional payment from Tocris US or any other Target Group
Company as a result of the imposition of a Tax under Section&nbsp;409A of the Code.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No U.S. Plan is subject to Title IV of ERISA, and neither Tocris US nor any trade or business
(whether or not incorporated) which, together with Tocris US, has been, within the past six
years, or would be treated as a single employer under Section&nbsp;414 of the Code (each such trade
or business, an &#147;<B>ERISA Affiliate</B>&#148;), has any liability of any kind whatsoever, whether direct,
indirect, contingent or otherwise, under Section&nbsp;412 of the Code or Title IV of ERISA.
Neither Tocris US nor any of its current or former ERISA Affiliates has, at any time during
the last six years, contributed to or been obligated to contribute to any &#147;multiemployer
plan,&#148; as defined in Section&nbsp;3(37) of ERISA, or any employee benefit plan, program or
arrangement that is subject to Title IV of ERISA, Section&nbsp;302 of ERISA or Section&nbsp;412 of the
Code, a multiple employer plan subject to Section&nbsp;4063 or 4064 of ERISA, or a multiple
employer welfare benefit arrangement (as defined in Section&nbsp;3(40)(A) of ERISA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Tocris US has no obligations for post-employment health or life benefits for any of its
retired, former or current employees, except as required by law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">19</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither Tocris US nor any of its ERISA Affiliates has any liability of any kind whatsoever,
whether direct, indirect, contingent or otherwise, (i)&nbsp;on account of any violation of the
health care requirements of Part&nbsp;6 or 7 of Subtitle B of Title I of ERISA or Section&nbsp;4980B or
4980D of the Code, or (ii)&nbsp;under Section 502(i) or 502(l) of ERISA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">20</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The transactions contemplated by the agreement will not, either alone or together with any
other event:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>entitle any current or former employee, officer or director or independent
contractor of Tocris US to severance pay; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">20.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>accelerate the time of payment or vesting or trigger any payment or funding
(whether through a grantor trust or otherwise) of compensation or benefits under,
increase the amount allocable or payable or trigger any other material obligation
pursuant to, any U.S. Plan.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">21</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There is no contract, plan or arrangement covering any current or former employee of Tocris
US or any other Target Group Company or any other person or entity that, individually or in
the aggregate, could, as a result of any of the transactions contemplated hereby (either alone
or in connection with any other event), give rise to the payment of any amount that will not
be deductible by Tocris US or any other Target Group Company under Section&nbsp;280G of the Code,
and no person or entity is entitled to receive any additional payment from Tocris US or</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 76 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any other Target Group Company as a result of the imposition of any excise tax under Section
4999 of the Code.</TD>
</TR>

</TABLE>
</DIV>






<P align="center" style="font-size: 10pt"><!-- Folio -->Page 77 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 5<BR>
Limitations on Liability</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Part&nbsp;1<BR>
Definitions</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The definitions set out in this Paragraph&nbsp;1 apply in this Schedule only.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Cap Amount&#148; </B>an amount equal to 75 per cent of the aggregate of the Purchase Price (as
finally agreed, deemed to be agreed or determined in accordance with Schedule&nbsp;7) and the
External Debt.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Claim&#148; </B>a claim for breach of any of the Warranties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;General Claim&#148; </B>a Claim other than a Claim for breach of any of the Tax Warranties.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Indemnity Claim&#148; </B>a claim for breach of any of the indemnities contained in Clause 11.3.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Tax Covenant Claim&#148; </B>a claim under the Tax Covenant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Third Party&#148; </B>a person who is not one of the Parties, a member of the Buyers&#146; Group or a
Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Third Party Claim&#148; </B>a claim by a Third Party which does or will give rise to a General
Claim.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
Limitations</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>APPLICATION OF THIS SCHEDULE</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of this Schedule shall operate to limit the liability of the Sellers in
respect of Claims and/or General Claims (as applicable in accordance with the express
provisions of this Schedule&nbsp;5) and, where specifically stated, any Tax Covenant Claim and/or
Indemnity Claims.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>FINANCIAL LIMITATIONS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All Relevant Claims in respect of which notice is given in accordance with this
agreement shall be paid and settled first by means of release of all or part of the
Warranty Holdback Amount from the Holdback Account in accordance with Clause 5. For the
avoidance of doubt, once all of the Warranty Holdback Amount has been released from the
Holdback Account, the Warrantors shall continue to be liable for Relevant Claims subject
only to the other provisions of this Schedule&nbsp;5.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The total aggregate liability of all Warrantors for all Claims, Indemnity Claims
and Tax Covenant Claims shall not exceed the amount of the Cap Amount.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The total aggregate liability of each Warrantor for all Claims, Indemnity Claims
and Tax Covenant Claims shall be limited to the amount which is equal to the Cap Amount
multiplied by the percentage set opposite that Warrantor&#146;s name in Column (2)&nbsp;in the
table below.</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>(1) Warrantor</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" colspan="3" style="border-bottom: 1px solid #000000"><B>(2) Percentage/%</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Andrew Birnie</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">28.65</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Jennifer Birnie</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.05</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Laurence Ede</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">26.99</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Hazel Ede</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">6.05</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Anthony Kenny</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">14.66</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 78 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>(1) Warrantor</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" colspan="3" style="border-bottom: 1px solid #000000"><B>(2) Percentage/%</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Robert Crews</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">7.33</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Graham Miller</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">3.30</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">David Peters</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.49</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Catherine Peters</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.16</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Esmond Jones</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.65</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Duncan Crawford</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">1.09</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Elsa Crawford</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.66</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Karl Swift</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.53</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Kim Swift</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.33</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD><DIV style="margin-left:15px; text-indent:-15px">Sarah Edwards</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">0.05</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><B>Total</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="right">&nbsp;</TD>
    <TD align="right"><B>100</B></TD>
    <TD nowrap><B>%</B></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purposes of the limits in Paragraphs 2.2 and 2.3 above:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in calculating the maximum aggregate liability of each
Warrantor in accordance with Paragraph&nbsp;2.3 above, there shall be taken into
account and included amounts released to the Buyers from the Warranty Holdback
Amount in respect of Settled Claims and Tax Covenant Claims and which are
attributable to that Warrantor, that is, there shall be taken into account for
each Warrantor the amount so released to the Buyers from the Warranty Holdback
Amount multiplied by the percentage set opposite the name of that Warrantor in
column (2)&nbsp;of the table above; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the liability of the Warrantors shall exclude the amount of
all costs, expenses and other liabilities (together with any VAT thereon)
payable by the Warrantors and/or the Sellers in connection with the
satisfaction, settlement or determination of any Claim or Tax Covenant Claim.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to Paragraph&nbsp;2.6, the Warrantors shall not be liable for any General
Claim unless the amount of such General Claim, when taken together with the amount of
all other General Claims (each exceeding &#163;3,000 in accordance with paragraph 2.6),
exceeds &#163;400,000 (four hundred thousand pounds sterling) (the <B>&#147;Threshold&#148;</B>) in which
event the Warrantors shall be liable for the whole amount of such General Claims and not
merely the amount by which the amount of the same exceeds the Threshold.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable for any General Claim which does not exceed
&#163;3,000 (three thousand pounds sterling) (a <B>&#147;De Minimis Claim&#148;</B>). In respect of any such
General Claim which is of an amount greater than a De Minimis Claim, the Warrantors
shall be liable for the whole amount of such General Claim and not merely the amount by
which such General Claim exceeds &#163;3,000 (three thousand pounds sterling).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purposes of calculating Claims counting towards the Threshold and/or a De
Minimis Claim:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there shall be included in any Claim the amount of any costs,
expenses and other liabilities (together with any VAT thereon) incurred or to
be incurred by the Buyers and any Target Group Company in connection with the
making of any such Claim; and</TD>
</TR>





</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 79 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there shall be excluded the amount of any other Claim in
respect of the same fact, matter, event or circumstance giving rise to the same
loss.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TIME LIMITATIONS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable for a Claim or a Tax Covenant Claim unless notice in
writing of the Claim or the Tax Covenant Claim has been given to the Sellers&#146; Representative
by or on behalf of the Buyers (specifying in reasonable detail, as far as known to the
Buyers, the nature of the Claim or the Tax Covenant Claim and an estimate of alleged loss,
provided that failure by the Buyers to give such details and/or estimates shall not prejudice
the claim in question):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a Claim for breach of any of the Tax Warranties, a Tax Covenant
Claim or an Indemnity Claim in respect of any of the indemnities at Clauses 11.3.1 and
11.3.6 on or before the date which is seven years following Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of any Indemnity Claim other than an Indemnity Claim referred to in
Paragraph&nbsp;3.1, on or before the date which is 2&nbsp;years following Completion; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a General Claim, on or before the date which is two months after
the end of the financial year of the Company ending on 30 June&nbsp;2013 (the <B>&#147;General Claims
Notification Date&#148;</B>).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>VOLUNTARY ACTS AND OMISSIONS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable in respect of a General Claim to the extent that the
liability arises as a result of any voluntary act, transaction or omission of a Target Group
Company or the Buyers or their respective directors or employees (in the course of their
employment or office) after Completion and, in any case, done or omitted to be done otherwise
than in the ordinary course of the business of the relevant company and which the Target
Group Company or the Buyers should reasonably have been aware would give rise to the General
Claim.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INSURANCES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If, in respect of any matter which would give rise to a Claim, the Buyers or a Target Group
Company is entitled to make a claim under any policy of insurance, than the amount of the
Claim shall be reduced by any amount recovered by the Buyers or a Target Group Company under
that policy of insurance in respect of that matter (less all Costs incurred by the Buyers or
Target Group Company in recovering that sum from its insurers and any Taxation payable
thereon or otherwise in connection with the same).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RECOVERY FROM THIRD PARTIES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to Paragraph&nbsp;5 (which shall apply in relation to amounts recovered under policies of
insurance rather than this Paragraph&nbsp;6):</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>where the Buyers or a Target Group Company is at any time entitled to recover
from a Third Party any sum in respect of any matter giving rise to a General Claim, the
Buyers shall take, and shall procure that the relevant Target Group Company takes, all
reasonable steps to enforce that recovery;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if a Warrantor makes a payment to the Buyers in respect of a General Claim and
that Buyers or any Target Group Company subsequently recovers any amount from a Third
Party in respect of the subject matter that gave rise to the General Claim, the Buyers
shall repay or procure repayment to that Warrantor as soon as possible the lesser of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the amount recovered from the Third Party
(less all Costs properly incurred by the Buyers or Target Group Company in
recovering that sum from the Third Party and all Taxation payable thereon or
otherwise in connection with the same); and</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 80 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the sum paid to the Buyers or Target Group
Company by that Warrantor in respect of the General Claim;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if any amount is repaid to a Warrantor by the Buyers or any Target Group Company
in accordance with the Paragraph&nbsp;6.2, an amount equal to the amount so repaid shall be
deemed never to have been paid by that Warrantor to the Buyers.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RETROSPECTIVE LEGISLATION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No liability shall arise in respect of any General Claim to the extent that liability in
respect of that General Claim arises or is increased wholly or partly as a result of any
legislation not in force at that Completion Date which takes effect retrospectively.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">

    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONDUCT OF THIRD PARTY CLAIMS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers shall, as soon as reasonably practicable, inform the Sellers&#146;
Representative in writing of any Third Party Claim of which they become aware.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to the Buyers being indemnified and secured to their satisfaction in
respect of all reasonable Costs properly incurred by the Buyers, the Buyers shall, and
shall procure that each relevant Target Group Company shall, take such action and give
such information and assistance as the Sellers&#146; Representative may reasonably and
promptly request in writing to avoid, dispute, resist, mitigate, compromise, or defend
any Third Party Claim and to appeal against any judgement given in respect of any Third
Party Claim provided that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Sellers&#146; Representative shall be subject to the provisions
of Clause 8.2.2 in respect of any Confidential Information the Seller&#146;s
Representative receives pursuant to this Paragraph&nbsp;8.2; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the provisions of this Paragraph shall not require the Buyers
to take any action or give any information or assistance (or procure that any
Target Group Company does so) if, in the reasonable opinion of the Buyers
(acting in good faith), the taking of the action or the giving of the
information or assistance would be likely to prejudice (other than in a de
minimis way) the commercial interests of the Buyers, the Business or any member
of the Buyers&#146; Group including any Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CONTINGENT LIABILITIES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Without prejudice to the ability of the Buyers to give notice of the same in accordance with
Paragraph&nbsp;3, if any Claim arises by reason of some liability of a Target Group Company which,
at the time that Claim is notified to the Sellers&#146; Representative, is contingent only or
otherwise not capable of being quantified, the Warrantors shall not be under any obligation
to make any payment in respect of that Claim unless and until that liability ceases to be
contingent or becomes capable of being quantified, as the case may be.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>NO DOUBLE RECOVERY</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers agree for themselves and on behalf of each Target Group Company that each of them
shall not be entitled to recover damages more than once in respect of the same loss
notwithstanding that it may give rise to one or more Claims and/or a Tax Covenant Claims.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>RESCISSION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers agree that rescission shall not be available as a remedy for any Claim and agree
not to claim that remedy.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 81 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DISHONESTY</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nothing in this Schedule applies to a Claim or a Tax Covenant Claim that arises or is delayed
as a result of dishonesty, fraud or wilful concealment by any of the Sellers or (as
applicable) any of their respective officers, employees, agents or advisers.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPLETION BALANCE SHEET</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable for any Claim to the extent that such Claim relates to any
matter specifically and fully provided for in the Completion Balance Sheet provided that the
Warrantors shall be liable if and to the extent that any such provision has, in fact, been
released.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAXATION</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of Part&nbsp;4 of Schedule&nbsp;6 (the <B>&#147;Tax Limitations&#148;</B>) shall apply to extinguish,
reduce or mitigate any Claim for breach of the Tax Warranties as if they were set out in full
in this Schedule with appropriate changes and, in the event that the provisions of this
Schedule&nbsp;5 in relation to the Tax Warranties conflict with any of the Tax Limitations, the
Tax Limitations shall prevail.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>MITIGATION</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Nothing contained in this Agreement shall have the effect of relieving the Buyers
or any member of the Buyers&#146; Group (including for the avoidance of doubt, the Target
Group following Completion) from any common law duty to mitigate any loss or damage
suffered by it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">15.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Buyers shall in relation to the matters set out in the indemnities
described in clause 11.3 of the main body of this agreement, where reasonably
practicable, consult with the Sellers&#146; Representative in good faith in relation to the
conduct by the Target Group companies in respect of such matters.</TD>
</TR>


</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 82 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 6<BR>
Tax Schedule</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 1<BR>
Definitions and Interpretation</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Definitions set out in this Paragraph&nbsp;1 shall apply in this Schedule only:</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Accounts Relief&#148;</B>:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Relief which was treated as an asset of any Target Group Company in the
Completion Accounts; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Relief which was taken into account in computing (and so reducing or
eliminating) any provision for Tax which appears in the Completion Accounts or which
would have appeared in the Completion Accounts but for the presumed availability of
such Relief.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Buyers&#146; Group&#148; </B>the Buyers and any company within the same group or association of companies
as the Buyers for the purposes of the relevant Tax Statute.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Code&#148; </B>means the United States Internal Revenue Code of 1986, as amended, or any successor
law, and any regulations promulgated by the United States Internal Revenue Service pursuant
to that Code or any successor law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;CTA 2009&#148; </B>the Corporation Tax Act 2009.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;CTA 2010&#148; </B>the Corporation Tax Act 2010.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Event&#148; </B>includes any act, omission, event, fact or circumstance whatsoever (whether actual
or deemed or treated as occurring for any purpose).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Future Option Tax Saving&#148; </B>the amount of additional corporation tax which would otherwise
have been payable by any Target Group Company in relation to an accounting period ending
after 31 December&nbsp;2011 had any trading losses that arise and are available to carry forward
as a result of the Option Tax Deduction not been available.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Future Option Tax Saving Payment Date&#148; </B>in relation to any accounting period ending after 31
December&nbsp;2011 in which a Future Option Tax Saving is made the date on which corporation tax
computations and returns of the relevant Target Group Company in respect of that accounting
period are submitted to HMRC.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;ICTA&#148; </B>the Income and Corporation Taxes Act 1988.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;IHTA&#148; </B>the Inheritance Tax Act 1984.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;IHT Liability&#148;</B>:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any amount of inheritance tax which is due at Completion and unpaid and in
respect of which HMRC has a charge on any of the shares or assets of any Target Group
Company or a power to sell, mortgage or charge any of the shares or assets of any
Target Group Company; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any amount of inheritance tax which after Completion becomes a charge on or
gives rise to a power to sell, mortgage or charge any of the shares or assets of any
Target Group Company being a liability in respect of additional inheritance tax payable
on the death of any person within 7&nbsp;years after a transfer of value on or before
Completion if a charge on or power to sell, mortgage or charge any such shares or
assets of any Target Group Company existed at the Completion Date; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any liability for inheritance tax that arises as a result of a transfer of
value occurring or being deemed to occur on or before Completion (whether or not in
conjunction with the death of any person whensoever occurring);</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and in determining for the purposes of this Schedule whether a charge on or power to sell,
mortgage or charge any of the shares or assets of any Target Group Company exists at any</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 83 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>time the fact that any inheritance tax is not yet payable or may be paid by instalments
shall be disregarded and such inheritance tax shall be treated as becoming due and a charge
or power to sell, mortgage or charge as arising, on the date of the transfer of value or
other date or event on or in respect of which it becomes payable or arises and the
provisions of section 213 of IHTA shall not apply.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>&#147;<B>ITA</B>&#148; means Income Tax Act 2007.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;ITEPA&#148; </B>the Income Tax (Earnings and Pensions) Act 2003.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Liability for Tax&#148;</B>:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any liability or increase in any liability of any Target Group Company to make
a payment of or in respect of Tax whether or not the same is primarily payable by any
Target Group Company and whether or not any Target Group Company has or may have any
right of reimbursement against any other person or persons;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Loss of any Accounts Relief (in which case the amount of the Liability for
Tax shall be the amount of Tax which would (on the basis of the rate of Tax used in the
preparation of the tax provision in the Completion Accounts) have been saved but for
such Loss or, if the Accounts Relief was or is a right to repayment of Tax, the amount
of the repayment of Tax (including any repayment supplement) so lost); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the set-off or use of any Accounts Relief or Post Completion Relief against any
Tax or income, profits or gains in circumstances where, but for such set-off or use,
the Buyers or any Target Group Company would have had a liability to make a payment (or
increased payment) of or in respect of Tax in respect of which the Warrantors would
have been liable under part (a)&nbsp;or part (d)&nbsp;of the definition of Liability for Tax
under this Schedule in which case the amount of the Liability for Tax shall be the
amount of Tax saved by the Buyers or the relevant Target Group Company as a result of
such set-off or use; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any liability of any Target Group Company to make a payment pursuant to an
indemnity, guarantee or covenant entered into before Completion under which any Target
Group Company has agreed to meet or pay a sum equivalent to or by reference to another
person&#146;s Tax liability, in which case the Liability for Tax shall be equal to the
amount of the liability.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Loss&#148; </B>includes any reduction, modification, loss, counteraction, nullification,
disallowance or clawback for whatever reason.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Option Tax Deduction&#148; </B>the amount that is treated as a deduction under Chapter&nbsp;3 of Part&nbsp;12
of CTA 2009 in computing the profits chargeable to corporation tax of any Target Group
Company for the accounting period during which Completion occurs and which results from the
exercise, on or shortly before Completion, of Enterprise Management Incentive share options
(and expected to be approximately &#163;350,000).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Option Tax Saving&#148; </B>means an amount equal to the additional corporation tax which would have
been payable by a Target Group Company in relation to the accounting period during which
Completion occurs, had the Option Tax Deduction not been available but which is not paid as
a consequence of the Option Tax Deduction being treated as deductible for corporation tax
purposes in that accounting period.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Option Tax Saving Payment Date&#148; </B>the date on which the Straddle Period Returns are submitted
to HMRC in accordance with the provisions of Paragraph&nbsp;8 of Part&nbsp;4 of this Schedule.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;PAYE&#148; </B>the mechanism prescribed by Tax Statute for the collection of income tax, sums to
which part 11 of ITEPA and regulations made under section 684 of ITEPA apply and Class&nbsp;1,
Class&nbsp;1A and Class&nbsp;1B contributions referred to in section 1(2) of the Social Security
Contributions and Benefits Act 1992.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Post Completion Relief&#148;</B>:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Relief of the Buyers and/or any member of the Buyers&#146; Group (other than a
Target Group Company); and</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 84 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Relief of any Target Group Company that arises after Completion.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Relief&#148; </B>includes any loss, relief, allowance, credit, exemption or set-off available in
relation to Tax or the computation of income, profits or gains for the purposes of Tax or
any right to repayment of Tax.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Saving&#148; </B>the reduction or elimination of any liability of any Target Group Company to make
an actual payment of corporation Tax in respect of which the Warrantors would not have been
liable under Part&nbsp;3 of this Schedule, by the use of any Relief arising wholly as a result of
a Liability for Tax in respect of which the Warrantors have made a payment under Part&nbsp;3 of
this Schedule but excluding for the avoidance of doubt any Option Tax Saving or Future
Option Tax Saving.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Seller Associate&#148; </B>means any Seller or any Target Group Company and any other person with
whom the Sellers or any Target Group Company is connected (within the meaning of section
122, CTA 2010 (previously section 839 ICTA or, as the case may be, section 993 ITA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Sellers Option Tax Benefit&#148; </B>means:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the Option Tax Saving; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an amount equal to the Future Option Tax Saving for the relevant accounting
period.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Tax&#148; </B>or <B>&#147;Taxation&#148; </B>includes all taxes and duties, imposts, contributions, withholdings,
deductions, charges, levies and sums in the nature of or payable on account of tax, wherever
and whenever imposed, charged or demanded by any Tax Authority, however denominated,
including any charges, interest, fines, penalties and surcharges or other additions to tax
imposed by any Tax Authority that may become payable in respect thereof.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Tax Authority&#148; </B>includes HMRC and the United States Internal Revenue Service (including its
and their predecessors) or any other authority, body or official elsewhere in the world
competent to administer, impose or collect any Taxation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Tax Claim&#148; </B>any notice, demand, assessment, letter or other document issued, or action
taken, by or on behalf of any Tax Authority from which it appears to the Buyers that any
Target Group Company is or may be subject to a Liability for Tax or other liability in
respect of which the Warrantors are or may be liable under Part&nbsp;3 of this Schedule or, as
the case may be, a claim by the Warrantors against the Buyers under the covenant in
Paragraph&nbsp;8 of Part&nbsp;3 of this Schedule or, as the case may be, any notice, demand,
assessment, letter or other document issued, or action taken, by or on behalf of any Tax
Authority from which it appears that the Option Tax Deduction may be challenged.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;Tax Statute&#148; </B>any statute, statutory instrument, regulation or legislative provision
wheresoever enacted, issued or adopted providing for, imposing or relating to Tax including
any statute, enactment, law, statutory instrument, order, regulation or provision which
amends, extends, consolidates, or replaces the same or which has been amended, extended,
consolidated or replaced by the same.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;TCGA&#148; </B>the Taxation of Chargeable Gains Act 1992.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;TIOPA&#148; </B>the Taxation (International and Other Provisions) Act 2010.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;VAT&#148; </B>value added tax as provided in VATA and any other Tax of a similar nature.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>&#147;VATA&#148; </B>the Value Added Tax Act 1994.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the purposes of this Schedule only, any reference to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a Liability for Tax in respect of income, profits or gains earned, accrued or
received, shall include a Liability for Tax in respect of income, profits or gains
deemed to have been or treated or regarded as earned, accrued or received for any Tax
purpose and any reference to Liability for Tax on the happening of any Event shall
include a Liability for Tax where such Event (for the purposes of the Tax Statute in
question) is deemed to have occurred or is treated or regarded as having occurred; and</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 85 of 128<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an Event occurring on or before Completion, shall be deemed to include the
combined result of two or more Events, the first or any one of which shall have taken
place or commenced (or be deemed to have taken place or commenced) on or before
Completion outside the ordinary course of business of any Target Group Company and any
Event occurring after Completion is inside the ordinary course of any Target Group
Company as carried on at Completion.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It shall be assumed for all of the purposes of this Tax Schedule (and in particular for
calculating any Liability for Tax or any Relief) that the date of Completion is the end of an
accounting period for the purposes of Part&nbsp;2, Chapter&nbsp;2, CTA 2009 (accounting periods) and all
such adjustments and apportionments as may be required consequent on such assumption shall be
made in assessing any liability or in making any calculation required under this Schedule</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 86 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
Tax Warranties</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GENERAL</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has submitted all notices, returns (including for the
avoidance of doubt any land transaction returns and returns relating to VAT), reports,
accounts, computations, statements, assessments and registrations and any other
necessary information required to be submitted to any Tax Authority for the purposes of
Tax and all such notices, returns, reports, accounts, computations, statements,
assessments, registrations and information have been made on a proper basis, were
punctually submitted, were accurate and complete when submitted and so far as the
Warrantors are aware remain accurate and complete in all material respects.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is or, in the period of 6&nbsp;years ended on the Accounts
Date, has been in dispute with or subject to enquiry or investigation by any Tax
Authority (other than routine enquiries concerning the corporation tax computations of
any Target Group Company, all of which have been resolved) and so far as the Warrantors
are aware there are no facts or circumstances likely to give rise to or be the subject
of any such dispute, enquiry or investigation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All Tax for which any Target Group Company is or has been liable to account for
has been duly and punctually paid (insofar as such Tax ought to have been paid) and no
Target Group Company is under any liability (and has not within the 6&nbsp;years prior to
the date of this agreement been liable) to pay any penalty, fine, surcharge or interest
in connection with any Tax.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has duly and properly made all deductions and
withholdings in respect of, or on account of, any Tax (including amounts required to be
deducted under the PAYE and national insurance systems) from any payments made by it
which it is obliged or entitled to make and (to the extent required to do so) has
accounted in full to the relevant Tax Authority for all amounts so deducted or
withheld.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The amount of Tax chargeable on any Target Group Company during any accounting
period ending on or within the 6&nbsp;years before the Accounts Date has not depended on any
concessions, agreements or other formal or informal arrangements with any Tax
Authority.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has (to the extent required by law) preserved and
retained in its possession complete and accurate records relating to its Tax affairs
(including PAYE and national insurance records and VAT records) and each Target Group
Company has sufficient records relating to past events to calculate the profit, gain,
loss, balancing charge or balancing allowance (all for Tax purposes) which would arise
on any disposal or on the realisation of any assets owned at the Accounts Date or
acquired since that date but before Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is, nor so far as the Warrantors are aware will it
become, liable to make a payment to any person (including any Tax Authority) in respect
of any liability to Tax of any other person where that other person fails to discharge
a liability to Tax to which it is or may be primarily liable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has entered into a Managed Payment Plan within the
provisions of section 111 of the Finance Act 2009 /section 59G of the Taxes Management
Act 1970 or into any arrangement with HMRC for the deferred payment of any liability to
Taxation.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CORPORATION TAX INSTALMENT PAYMENTS, ETC</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are Disclosed details of all instalment payments which have been made or
which are required to be made by any Target Group Company under the Corporation Tax
(Instalment Payments) Regulations 1998 since the Accounts Date and of all repayments
claimed by any Target Group Company under those regulations since the Accounts Date.
All such payments or repayments have been duly made or</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 87 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>received, and the computations of each such payment or claim for repayment took full
and proper account of all relevant estimates and other information available to any
Target Group Company at the time when any such payment was required to be made or
(as the case may be) at the time when any such claim for repayment was submitted to
the relevant Tax Authority.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has sufficient books, documents, records and other
information to enable it promptly to comply in full with any notice served on it under
regulations 10 or 11 of the Corporation Tax (Instalment Payments) Regulations 1998 in
respect of any accounting period commencing before Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No action has been taken by any Target Group Company before Completion such
that the provisions of regulation 14 of the Corporation Tax (Instalment Payments)
Regulations 1998 could have effect in respect of any Target Group Company at any time.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPUTATION OF PROFITS AND LOSSES</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Since the Accounts Date:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Event has occurred which has given rise to any Liability for Tax (or would
or may have given rise to a Liability for Tax but for the availability of a Relief)
other than corporation tax on trading profits of any Target Group Company (and not
chargeable gains, balancing charges or deemed income or profits) or any other Tax
arising from transactions entered into in the ordinary course of business of that
Target Group Company carried on at the Accounts Date;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no expenses have been incurred which are not deductible by a Target Group
Company in computing its taxable profits for corporation tax purposes for its
accounting period current at the date of this agreement (other than expenses or similar
payments of a similar quantum to that shown and previously disallowed in the relevant
Target Group Company&#146;s tax computations and accounts in the last two accounting period
ended prior to Completion) ; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no dividend has been declared or paid and no distribution or deemed
distribution for Tax purposes has been made or declared or agreed to be made by any
Target Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CHARGEABLE GAINS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The sum which would be allowed under section 38 of TCGA as a deduction from the
consideration received for each asset of any Target Group Company (other than trading
stock) if disposed of on the date of this agreement would not be less than (in the case
of an asset held on the Accounts Date) the book value of that asset shown or included
in the Accounts or (in the case of an asset acquired since the Accounts Date) an amount
equal to the consideration given for its acquisition.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has disposed of or acquired any asset in circumstances
falling within sections 17 or 18 of TCGA.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CAPITAL ALLOWANCES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save to the extent reflected in the deferred tax provision in the Accounts, no
balancing charge in respect of any capital allowances claimed or given would arise if
any asset of any Target Group Company (or, where computations are made for capital
allowances purposes for pools of assets, all the assets in that pool) were to be
realised for a consideration equal to the amount of the book value of that asset as
shown or included in the Accounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made any claim for capital allowances in respect of
any asset which is leased to or from, or hired to or from, that Target Group Company.
No election affecting any Target Group Company has been made, or agreed to be made,
under sections 177 or 183 of the Capital Allowances Act 2001 in respect of such assets.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is a lessee under a lease to which chapter 17 of part 2
of the Capital Allowances Act 2001 applies or could apply.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 88 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DISTRIBUTIONS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made any repayment of share capital or issued any
share capital as paid up otherwise than by the receipt of new consideration.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made (nor is it deemed to have made) any
distribution within the meaning of ICTA /section 1000 of CTA 2010 except dividends
properly authorised and disclosed in its statutory accounts.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LOAN RELATIONSHIPS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All interests, discounts and premiums payable by each Target Group Company in
respect of its loan relationships (within the meaning of section 302 of CTA 2009,
formerly section 81 of the Finance Act 1996) are eligible to be brought into account by
the Target Group Company as a debit for the purposes of part 5 of CTA 2009 (formerly
chapter II of part IV of the Finance Act 1996) at the time and to the extent that such
debits are recognised in the statutory accounts of the Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has ever been a party to a loan relationship that had
an unallowable purpose (within the meaning of section 442 of CTA 2009, formerly
paragraph 13 schedule 9 of the Finance Act 1996).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is party to a loan relationship made other than on
arm&#146;s length terms. There are no circumstances in which sections 445 or 447 of CTA
2009 (formerly paragraphs 11 and 11A of schedule 9 of the Finance Act 1996) could apply
to require an adjustment of debits and/or credits brought into account by any Target
Group Company.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CLOSE COMPANIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is or ever has been a close investment-holding company
as defined in section 34 of CTA 2010 (formerly section 13A of ICTA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has ever made a distribution within section 1064 of CTA
2010 (formerly section 418 of ICTA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any loans or advances made or agreed to be made by a Target Group Company
within sections 455, 459 or 460 of CTA 2010 (formerly sections 419 and 420 or section
422 of ICTA) have been Disclosed and no Target Group Company has released or written
off or agreed to release or write off the whole or any part of any such loans or
advances.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>GROUPS OF COMPANIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has ever been a member of a group for any Tax purposes
(other than with the other members of the Target Group), owned by or been a member of a
consortium for the purposes of chapter IV part X ICTA /part 5 of CTA 2010 or been an
associated company as defined in section 416 of ICTA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>acquired any asset, loan relationship or derivative contract
from any other company which at any relevant time was a member of the same
group of companies (as defined in section 170 of TCGA or as defined in chapter
8, part 8 of CTA 2009 (formerly paragraphs 46 to 54 (inclusive)&nbsp;of schedule 29
of the Finance Act 2002)) as that Target Group Company or was an associated
company (as defined in section 774(4) of ICTA);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>entered into or become subject to any arrangement under
section 36 of the Finance Act 1998 /section 59F of the Taxes Management Act
1970 for the payment of corporation tax; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>been a party to or agreed to make an election under section
179A of TCGA to reallocate any gain or loss arising under section 179 of TCGA
within a group.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 89 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In respect of every surrender or claim for group or consortium relief pursuant
to chapter IV part X of ICTA /part 5 of CTA 2010 made or received or agreed to be made
or received by any Target Group Company in the 6&nbsp;years ending on Completion, no payment
remains due or outstanding, and relevant claims, elections and surrenders will be
allowed in full, and no further action is required of any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There has been no transaction to which sections 135, 136 or 139 of TCGA
applies, or could apply, in respect of any asset held by any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company owns any capital assets on the disposal of which any
allowable loss is liable to be reduced or any chargeable gain increased under sections
176 or 177 of ICTA or sections 29 or 30 of TCGA.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>COMPANY RESIDENCE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company (other than Tocris US) has always been resident in
the United Kingdom for corporation tax purposes and has never at any time been treated
for the purposes of any double taxation arrangements or for any other tax purpose as
resident in any other jurisdiction and no Target Group Company holds shares in a
company which is not resident in the United Kingdom and which would be a close company
if it were resident in the United Kingdom in circumstances such that a chargeable gain
accruing to the company not resident in the United Kingdom could be apportioned to a
Target Group Company pursuant to section 13 of TCGA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are Disclosed a list of all jurisdictions to which any Tax is properly
payable by Tocris US and the type of Taxes payable by Tocris US.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>ANTI-AVOIDANCE</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has been a party to, nor has been otherwise involved
in, any transaction, scheme or arrangement the main purpose of which, or one of the
main purposes of which was the avoidance or deferral of a liability to Tax.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">11.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All transactions or arrangements made by a Target Group Company have been made
on fully arm&#146;s length terms and there are no circumstances in which Part&nbsp;4, TIOPA
(formerly section 770A or schedule 28AA of ICTA) or any other rule or provision could
apply causing any Tax Authority to make an adjustment to the terms on which such
transaction or arrangement is treated as being made for Tax purposes.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INHERITANCE TAX</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made any transfer of value within sections 94 and
202 of IHTA, nor has it received any value such that liability may arise under section
199 of IHTA, nor has it been a party to associated operations in relation to a transfer
of value as defined by section 268 of IHTA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There is no unsatisfied liability to inheritance tax attached to or
attributable to the Sale Shares or any asset of any Target Group Company and none of
the Sale Shares or those assets are subject to any charge as mentioned in sections 237
and 238 of IHTA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">12.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No asset owned by a Target Group Company is, nor are any of the Sale Shares,
liable to be subject to any sale, mortgage or charge by virtue of section 212 (1)&nbsp;of
IHTA.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>VAT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company is registered as a taxable person for the purposes of
VAT in the United Kingdom under schedule 1 of VATA or, as the case may be, the
equivalent turnover or gross sales tax in the United States of America and no Target
Group Company has ever been treated as (or applied to be) a member of a group of
companies for VAT purposes.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has complied with all statutory provisions, rules,
regulations, orders and directions in respect of VAT, promptly submitted accurate
returns and maintained full and accurate VAT records and no Target Group Company</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 90 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has been subject to any interest, forfeiture, surcharge or penalty, nor been given
any notice under sections 59, 59A or 64 of VATA, nor been given a warning within
section 76(2) of VATA, nor been required to give security under paragraph 4 of
schedule 11 of VATA.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>All supplies made by each Target Group Company are taxable supplies and no
Target Group Company has been or will be denied full credit for all input tax.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made and is not otherwise bound by any option to
tax (pursuant to paragraph 2 of schedule 10 of VATA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No asset of any Target Group Company is a capital item, the input tax on which
could be subject to adjustment in accordance with the provisions of part XV of the
Value Added Tax Regulations 1995.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has been party to a transaction to which article 5 of
the Value Added Tax (Special Provisions) Order 1995 has (or has purported to have been)
applied.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">13.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has made any material claim for bad debt relief under
section 36 of VATA and there are no existing circumstances by virtue of which any
refund of Tax obtained or claimed may be required to be repaid.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EMPLOYMENT RELATED SECURITIES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Saved as Disclosed, no employee or director or former employee or director of
any Target Group Company or any person associated with any of them holds any shares or
securities or options over or interests in any shares or securities of any Target Group
Company in respect of which any Target Group Company could be liable after Completion
to pay national insurance contributions or account for income tax or national insurance
under the PAYE system in respect of, or in consequence of any event occurring on or
before Completion in relation to, any such shares, securities, options or interests.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company has at all times submitted to the relevant Tax
Authority by the requisite dates particulars of all reportable events (as defined in
section 421K of ITEPA) in relation to which it is a responsible person (as defined in
section 421L of ITEPA).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are Disclosed full details of any profit related pay schemes, employee
share schemes, employee incentive schemes or charities payroll deduction schemes
operated by any Target Group Company and any trust established in connection with the
above.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">14.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, no disqualifying event under section 534 of
ITEPA 2003 has occurred in relation to any options granted under Schedule&nbsp;5 to Income
Tax (Earnings and Pensions) Act 2003 (EMI Options).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">15</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>INTANGIBLE ASSETS</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company owns any chargeable intangible assets as defined in schedule 29 of
the Finance Act 2002/part 8 of CTA 2009.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">16</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>STAMP DUTY AND SDLT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any document that may be necessary or desirable in proving the title to any
asset that is owned by any Target Group Company at Completion or any document that any
Target Group Company may wish to enforce or produce in evidence is duly stamped.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither entering into this agreement nor Completion will result in the
withdrawal of a stamp duty or stamp duty land tax relief granted on or before
Completion which will affect any Target Group Company.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">16.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are Disclosed full and accurate details of any chargeable interest (as
defined in section 48 of the Finance Act 2003) acquired or held by any Target Group
Company before Completion in respect of which the Warrantors are aware or ought
reasonably to be aware that an additional land transaction return will be required to
be filed with a Tax Authority and/or a payment of stamp duty land tax made on or after
Completion.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 91 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">17</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>US ISSUES</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is or has been a United States real property holding
corporation within the meaning of Section&nbsp;897(c)(2) of the Code during the applicable
period specified in Section&nbsp;897(c)(1)(A)(ii) of the Code and the Buyers are not
required to withhold Tax on the purchase of the Shares by reason of Section&nbsp;1445 of the
Code.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers are not required to withhold any Tax on the purchase of the Shares
by reason of Section&nbsp;871, Section&nbsp;881 or any other provision of the Code, the United
States Treasury Regulations promulgated thereunder or any Tax treaty or convention
between the United States of America and any other country or Tax Authority.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>There are no mortgages, charges, security interests, covenants, easements,
restrictions, adverse claims or other encumbrances of any kind or nature whatsoever and
however arising for Taxes (&#147;Liens for Taxes&#148;) upon the assets or properties of any
Target Group Company except Liens for Taxes which are not yet due and payable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company is required or, so far as the Warrantors are aware, has
been required, to make any adjustment pursuant to Section&nbsp;263A or Section 481(a) of the
Code (or any predecessor provision) or any similar provision of United States state or
local Tax law or by any Tax Authority by reason of any change in any accounting
methods, and there is no application pending with any Tax Authority requesting
permission for any changes in any of its accounting methods for Tax purposes. No Tax
Authority has proposed any such adjustment or change in accounting method.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, no Target Group Company has been required
to include any amount in taxable income or exclude any item of deduction or loss from
taxable income for any taxable period (or portion thereof) ending before Completion as
a result of (i)&nbsp;any &#147;closing agreement&#148; as described in Section&nbsp;7121 of the Code (or
any corresponding or similar provision of United States state or local Tax law or
Non-U.S. Tax law) executed by any Target Group Company on or prior to Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>So far as the Warrantors are aware, no Tax Authority has asserted that any
Target Group Company will be required to include any amount in taxable income or
exclude any item of deduction or loss from taxable income, or make any other adjustment
or allocation, for any taxable period ending on or before Completion as a result of any
adjustments or allocations pursuant to Section&nbsp;482 of the Code or the Treasury
Regulations thereunder, or by any other Tax Authority pursuant to any corresponding or
similar provision of United States state or local Tax law or Non-U.S. Tax law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has entered into any compensatory arrangements with
respect to the performance of services which payment thereunder would result in a
non-deductible expense to any member of the ABSL Group pursuant to Sections 162(m) or
280G of the Code or an excise tax to the recipient of such payment pursuant to Section
4999 of the Code.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has been a &#147;distributing corporation&#148; (within the
meaning of Section&nbsp;355(a)(1)(A) of the Code) with respect to a transaction described in
Section&nbsp;355 of the Code within the three-year period ending as of the date of this
Agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has engaged in a &#147;reportable transaction&#148; within the
meaning of United States Treasury Regulation&nbsp;Section&nbsp;1.6011-4(b) or under similar
provisions of any United States state or local Tax law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each Target Group Company that is required to file any United States federal
tax return has disclosed on such tax return all positions taken therein that could give
rise to a &#147;substantial understatement of income tax&#148; within the meaning of Section&nbsp;6662
of the Code.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 92 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has participated in an international boycott as
defined in Section&nbsp;999 of the Code.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company has participated in any Tax-related amnesty program
established by any United States state or local Tax law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.13</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>From May&nbsp;3, 2007 through December&nbsp;31, 2008, each plan, program, arrangement or
agreement maintained by any Target Group Company that constitutes a nonqualified
deferred compensation plan within the meaning of Section&nbsp;409A of the Code has been
operated and maintained in accordance with a good faith, reasonable interpretation of
Section&nbsp;409A of the Code and its purpose with respect to amounts deferred (within the
meaning of Section&nbsp;409A of the Code) after December&nbsp;31, 2004. By December&nbsp;31, 2008,
each such plan, program, arrangement or agreement was amended to the extent necessary
or appropriate to comply with Section&nbsp;409A of the Code and the final regulations
promulgated thereunder.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">17.14</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No Target Group Company (i)&nbsp;has been a member of an affiliated group or filed
or been included in a combined, consolidated or unitary income Tax Return for United
States income tax purposes, (ii)&nbsp;has any liability for Taxes of another Person under
Section&nbsp;1.1502 6 of the Treasury Regulations (or any similar provision of state or
local law), as a transferee or successor, by contract or otherwise or (iii)&nbsp;is a party
to or bound by, or liable for any Taxes as a result of, any Tax allocation or sharing
agreement.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 93 of 128<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 3<BR>
Tax Covenant and covenant to the Warrantors</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Warrantors hereby jointly and severally covenant to pay to the Buyers an amount equal to:
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Liability for Tax which arises in respect of or by reference to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Event which occurred on or before Completion; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any income, profits or gains earned, accrued or received on or before Completion;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Liability for Tax falling within any of Paragraphs (b)&nbsp;to (d)&nbsp;of the definition of
Liability for Tax in Part&nbsp;1 of this Schedule (inclusive);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any IHT Liability;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Liability for Tax which would not have arisen but for the failure by any person who is or
has been a Seller Associate to discharge a Liability to Tax which falls primarily upon such
Seller Associate:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>arising directly from any Event effected or deemed to have been effected at any
time by such Seller Associate; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in respect of any profits earned, accrued or received at any time by such
Seller Associate;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Liability for Tax in respect of emoluments or benefits in kind of employees or directors
of any Target Group Company arising in respect of periods ended on or before Completion and
arising from their employment or directorships with any Target Group Company or in respect of
services rendered by an individual to any Target Group Company on or before Completion where
Tax has not been properly accounted for or proper returns have not been made in respect of
emoluments;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any liability of any Target Group Company to account for income tax under the PAYE system or
national insurance contributions (primary or secondary) which arises at any time in respect of
an option or other right to acquire shares granted by any Target Group Company or any other
person prior to Completion or which arises in respect of the shares acquired as a result of
the exercise of any such option or right;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>all reasonable costs and expenses properly incurred by any Target Group Company or the Buyers
in connection with a successful claim under this Schedule or in successfully taking or
defending any action under this Schedule.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Covenant to the Warrantors</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers hereby covenant with the Warrantors to pay to the Warrantors an amount equal to
any Taxation which is assessed on the Warrantors or any Seller Associate (together with all
reasonable costs and expenses properly incurred by the Warrantors or Seller Associate in
relation to such Taxation) where such Taxation arises by reason of Taxation assessed on or
primarily attributable to the Buyers, any member of the Buyers&#146; Group or any Target Group
Company for any accounting period remaining unpaid provided that this covenant shall not
apply to any Taxation in respect of which the Buyers are entitled to bring a Tax Claim against
the Warrantors under Part&nbsp;3 of this Schedule.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors hereby covenant that they shall make no claim under Paragraph&nbsp;8 above to the
extent they have recovered the Taxation in question under section 717 CTA 2010 (previously
section 767B(2), ICTA) or other applicable Tax legislation and to the extent that they recover
any amount under paragraph 8 they shall not seek to recover any payment under section 717 or
other applicable Tax legislation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of Paragraph&nbsp;2 (<B>Disputes and Conduct of Claims</B>), 3 (<B>Payment Date and
Interest</B>), 4 (<B>Taxation of Payments</B>) and 5 (<B>Third Party Recovery</B>) of Part&nbsp;4 of this Schedule
shall apply to the covenant in Paragraph&nbsp;8 above as if references to the &#147;<B>Buyers</B>&#148; were to the
&#147;<B>Warrantors</B>&#148; (and vice versa), references to any &#147;<B>Target Group Company</B>&#148; were also to the
&#147;<B>Warrantors</B>&#148; and reference to &#147;<B>Tax Covenant</B>&#148; were to &#147;<B>the covenant under paragraph 8 of Part&nbsp;3
of this Schedule</B>&#148;.</TD>
</TR>




</TABLE>
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<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 4<BR>
Limitations and Procedure</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>LIMITATION OF WARRANTORS&#146; LIABILITY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable for any claim under the Tax Warranties or
the Tax Covenant in respect of any Liability for Tax to the extent that such Liability
for Tax:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>was the subject of a reserve or provision for such Tax
including any provision or reserve for deferred tax in the Completion Accounts
or was paid or discharged on or before Completion and such payment or discharge
was reflected in the Completion Accounts;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>arises or is increased only as a result of: (i)&nbsp;any change in
Tax Statute; or (ii)&nbsp;any increase in rates of Tax (in each case) announced and
coming into force after Completion provided that this Paragraph&nbsp;1.1.2 shall not
apply to any amounts payable under Paragraph&nbsp;4 of this Part&nbsp;4 of this Schedule;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>arises or is increased as a result of any change in the
accounting policies of a Target Group Company after Completion save where such
change is made in order to comply with generally accepted accounting
principles, the published practice of any Tax Authority, or any law or rule of
any regulatory authority or body;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>would not have arisen or would have been reduced or eliminated
but for a failure or omission on the part of the Buyers after Completion to
make any valid claim, election, surrender or disclaimer or to give any notice
or consent (each a <B>&#147;Relevant Claim&#148;</B>) after Completion the making, giving or
doing of which was taken into account in computing the provision for Tax in the
Completion Accounts provided that written details of such Relevant Claim were
given to the Buyers&#146; Representative in sufficient time (being at least 20
Business Days prior to the expiry of any applicable time limit) to enable it or
the relevant Target Group Company to make the Relevant Claim;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>would not have arisen but for the voluntary amendment or
withdrawal (in whole or in part) after Completion of any valid claim, election
or surrender properly and validly made before Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>arises or is increased as a consequence of any failure by the
Buyers or any Target Group Company to comply with any of their respective
obligations under Paragraph&nbsp;2 (Disputes and Conduct of Claims) or Paragraph&nbsp;8
(Tax Returns) of this Part&nbsp;4 of this Schedule;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>would not have arisen but would have been reduced but for a
cessation of trade or change in the nature or conduct of a trade carried on by
any Target Group Company in either case occurring after Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to the extent that such liability is the primary liability of
another person and such liability can properly and fully be discharged out of
monies specifically deducted for the purpose (under the PAYE system or
otherwise) by the relevant Target Group Company prior to Completion provided
that such monies have not been extracted and remain available to the relevant
Target Company post Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>has been made good by insurers without cost to the Buyers or
any Target Group Company or is otherwise compensated for or discharged by the
Warrantors prior to Completion without cost to the Buyers or any Target Group
Company;</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 95 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>would not have arisen but for a voluntary act or transaction of a Target
Group Company or the Buyers after Completion otherwise than any act or
Transaction carried out or effected:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.10.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>pursuant to a legally binding obligation in existence at
Completion or any act required by law;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.10.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>required by any law or regulation or for the purpose of
avoiding or mitigating a penalty imposable by such law or
regulation (including any required disclosure made by the Target
Group Company to a Tax Authority in respect of the Target Group
Company&#146;s Tax affairs);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.10.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>anything done at the written request of the Seller&#146;s
Representative; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.10.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the ordinary course of business of the relevant Target Group
Company as carried on at Completion.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1.11</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>is in respect of stamp duty or stamp duty reserve tax payable on the transfer
or agreement to transfer the Sale Shares pursuant to this agreement.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall not be liable in respect of any breach of the Tax Warranties
if and to the extent that the loss is or has been included in any claim under the Tax
Covenant which has been satisfied in cleared funds or vice versa in respect of any claim
under the Tax Covenant.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The liability of the Warrantors under this Schedule is also limited by those
provisions of Schedule&nbsp;5 of this agreement which are specified therein to apply to the
Tax Warranties and/or the Tax Covenant (as applicable).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>DISPUTES AND CONDUCT OF TAX CLAIMS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers or a Target Group Company shall become aware of a Tax Claim the
Buyers&#146; Representative shall, or shall procure that the Target Group Company shall, as
soon as reasonably practicable and in any event, in the case of the receipt of a Tax
Claim consisting of any assessment or demand for Tax or for which the time for response
or appeal is limited, within 10 Business Days, give notice of that Tax Claim to the
Sellers&#146; Representative but so that the giving of such notice shall not be a condition
precedent to the Warrantors&#146; liability under this Schedule.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to the Warrantors indemnifying and, if reasonably required by the
Buyers, securing, provided that the Buyers&#146; Representative shall promptly inform the
Sellers Representative in writing within a reasonable period of time that such security
is required, the Target Group Company and the Buyers to the reasonable satisfaction of
the Buyers against all losses, costs damages and expenses (including any additional
Tax) which may be incurred by them, the Buyers shall (and shall procure that the Target
Group Company shall) take such action with respect to any Tax Claim referred to in
paragraph 2.1 above as the Sellers&#146; Representative may reasonably request in writing to
the Buyers&#146; Representative provided always that:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>neither the Buyers nor any Target Group Company shall be
obliged to delegate the conduct of such action to the Warrantors or their
agents or professional advisers (unless both parties mutually agree to any
delegation of the conduct of such action in writing and where any delegation of
the conduct of such action is agreed in writing, the Buyers shall take all such
actions as are reasonable for it to take (in a diligent manner) which are
requested by the Sellers&#146; Representative or its duly authorised agents in
respect of such delegated responsibilities);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>no Target Group Company shall be obliged to appeal against any
assessment for Tax if, having given the Sellers&#146; Representative notice of the
receipt of that assessment, the Buyers&#146; Representative has not, within 10
Business Days of the giving of such notice, received</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 96 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>instructions from the Sellers&#146; Representative, in accordance with the
provisions of this Paragraph&nbsp;2.2, to make that appeal;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>neither the Buyers nor any Target Group Company shall be
obliged to comply with any instruction of the Sellers&#146; Representative which
involves contesting any assessment for Tax before any court or other appellate
body unless appropriately experienced tax counsel (instructed by agreement
between the Buyers&#146; Representative and the Sellers&#146; Representative (at the sole
expense of the Warrantors) and after full disclosure of all relevant
information and documents) advises in writing that such appeal will have a
reasonable chance of success;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>neither the Buyers nor any Target Group Company shall be
obliged to comply with any instruction of the Sellers&#146; Representative to make a
settlement or compromise of a Tax Claim which is the subject of a dispute or
agree any matter in the conduct of such dispute which could materially
adversely affect the future Tax position of any Target Group Company, the
Buyers or any member of the Buyers&#146; Group.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Subject to the provision of this Paragraph&nbsp;2 of Part&nbsp;4, the Buyers&#146;
Representative hereby undertake to the Warrantors that, in relation to any action
referred to in Paragraph&nbsp;2.2 of Part&nbsp;4 above, it shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>keep the Sellers&#146; Representative informed of all material
matters relating to the action and deliver to the Sellers&#146; Representative
copies of all material documents and correspondence relating to the action,
together with all relevant material notes of meetings, emails and attendance
notes;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>obtain the prior written approval of the Sellers&#146;
Representative (not to be unreasonably withheld or delayed) to the content and
sending of written communications relating to the action to a Tax Authority;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>notify the Sellers&#146; Representative in writing of any meetings
with a Tax Authority not less 5 Business Days prior to any such meeting and the
Sellers&#146; Representative and/or any advisors of the Sellers&#146; Representative
shall be entitled to attend any such meeting where it would be reasonable to do
so;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>obtain the prior written approval of the Sellers&#146;
Representative (not to be unreasonably withheld or delayed) to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the settlement or compromise of the Tax
Claim which is the subject of the action; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="18%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the agreement of any matter in the
conduct of the action which is likely to affect the amount of the
Tax Claim.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Sellers&#146; Representative does not request the Buyers&#146; Representative or the
Target Group Company to take any action under Paragraph&nbsp;2.2, or the Warrantors fail to
indemnify and secure (if required by the Buyers and requested in writing by the Buyers&#146;
Representative pursuant to Paragraph&nbsp;2.2 above) the Buyers and the Target Group Company
to the Buyers&#146; reasonable satisfaction within a period of time (commencing with the date
of the notice given to the Sellers&#146; Representative pursuant to Paragraph&nbsp;2.1) that is
reasonable having regard to the nature of the Tax Claim and the existence of any time
limit in relation to avoiding, disputing, defending, resisting, appealing or
compromising such Tax Claim and which period shall not in any event exceed a period of
20 Business Days, the Buyers or the Target Group Company shall be free to pay or settle
the Tax Claim on such terms as it may in its absolute discretion, acting always in good
faith, think fit.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Warrantors (at any time) or any Target Group Company (prior to Completion)
or any person acting on behalf of any one or more of them have committed any act or
omission constituting fraudulent conduct (and, following an initial written rebuttal by
the Warrantors, the allegation by the relevant Tax Authority in respect of that
fraudulent conduct has not been withdrawn) in relation to the Tax affairs of any Target
Group</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 97 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR valign="top" style="font-size: 10pt; color: #textcolor#; background: #bgcolor#">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Company or any Warrantor is declared bankrupt the provisions of this Paragraph&nbsp;2
(except the requirement to notify the Sellers&#146; Representative of a Tax Claim in
accordance with Paragraph&nbsp;2.1) shall not apply.</TD>
</TR>
<tr>
<TD style="font-size:6pt">&nbsp;</TD>
</TR>


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Neither the Buyers nor any Target Group Company shall be subject to any claim by
or liability to the Warrantors for non-compliance with any of the foregoing provisions
of this Paragraph&nbsp;2 if the Buyers or the Target Group Company has bona fide acted in
accordance with the instructions of the Sellers&#146; Representative.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>PAYMENT DATE AND INTEREST</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Where the Warrantors are liable to make any payment under this Schedule, the
due date for the making of that payment (the <B>&#147;Due Date&#148;</B>) in cleared funds shall be the
later of the date falling 5 Business Days after the Buyers&#146; Representative has served
notice on the Sellers&#146; Representative demanding that payment and:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in any case that involves an actual payment of Tax (including
any payment pursuant to Paragraph&nbsp;7 of Part&nbsp;3 of this Schedule), the date
falling 2 Business Days before the last date on which the Tax in question must
be paid to the relevant Tax Authority or person entitled to the payment in
order to avoid incurring a liability to interest or a charge, fine or penalty;
or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in any case falling within Paragraph (b)&nbsp;of the definition of
Liability for Tax in Part&nbsp;1 of this Schedule, the last date upon which the Tax
is or would have been required to be paid to the relevant Tax Authority in
respect of the period in which the Loss of the Relief occurs (assuming for this
purpose that the Target Group Company had sufficient profits or was otherwise
in a position to use the Relief) or, if the Relief that is lost is a right to
repayment of Tax, the date upon which the repayment of Tax would have actually
been received; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in any case falling within Paragraph (c)&nbsp;of the definition of
Liability for Tax in Part&nbsp;1 of this Schedule, the date upon which the Tax saved
by the Target Group Company is or would have been required to be paid to the
relevant Tax Authority; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in any case falling within Paragraph (d)&nbsp;of the definition of
Liability for Tax in Part&nbsp;1 of this Schedule, not later than the fifth day
before the day on which the Target Group Company is due to make the relevant
payment or repayment.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any sums required to be paid by the Warrantors under this Schedule are not
paid on the Due Date then such sums shall bear interest (which shall accrue from day to
day after as well as before any judgment for the same) at the rate of 2 per cent per
annum over the base rate from time to time of The Royal Bank of Scotland Plc or (in the
absence such base rate) at such similar rate as the Buyers&#146; Representative shall
reasonably select from the day following the Due Date up to and including the day of
actual payment such interest to be compounded quarterly.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAXATION OF PAYMENTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any sum payable by the Warrantors to the Buyers under Part&nbsp;3 of this Schedule
shall be paid free and clear of any deduction or withholding whatsoever, save only as
may be required by law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any deduction or withholding is required by law to be made from any payment
by the Warrantors under this agreement or if the Buyers are subject to Tax in respect
of such payment the Warrantors shall increase the amount of the payment by such
additional amount as is necessary to ensure that the net amount received and retained
by the Buyers (after taking account of all deductions or withholdings or Tax) is equal
to the amount which it would have received and retained had the payment in question not
been subject to any deductions or withholdings or Tax.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 98 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers would, but for the availability of a Relief, incur a taxation
liability falling within Paragraph&nbsp;4.2, it shall be deemed for the purposes of that
Paragraph to have incurred and paid that liability.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">4.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers assign the benefit of this Schedule, the Warrantors shall have no
greater liability pursuant to this Paragraph&nbsp;4 than the Warrantors would have been so
liable had no such assignment occurred.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>THIRD PARTY RECOVERY</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If, on or before the seventh anniversary of Completion, a Target Group Company
recovers or is entitled to recover from any other person (excluding the Buyers, any
member of the Buyers&#146; Group or any employees or directors of any Target Group Company)
any amount in relation to a Liability for Tax of a Target Group Company in respect of
which the Warrantors have made a payment under this Schedule, the Buyers&#146;
Representative shall inform the Sellers&#146; Representative in writing. The Buyers will
repay to the Warrantors once the Buyers have recovered such amount the lesser of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount so recovered together with any interest paid to the
Buyers or the relevant Target Group Company in respect of any such sum net of
any Tax on that amount and the losses, costs, damages and expenses incurred in
recovering that amount; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount paid by the Warrantors under this Schedule in
respect of the Liability for Tax in question less any part of such amount
previously repaid to the Warrantors under any provision of this Schedule or
otherwise.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers or any Target Group Company becomes aware that it is entitled to
recover any amount mentioned in Paragraph&nbsp;5.1 above, the Buyers&#146; Representative will as
soon as reasonably practicable give notice of that fact to the Sellers&#146; Representative
and provided the Warrantors indemnify and secure the Buyers or the Target Group Company
to the reasonable satisfaction of the Buyers against all reasonable losses, costs,
damages and expenses (including additional Tax) which may be incurred thereby, the
Buyers&#146; Representative shall procure that the Target Group Company shall take such
action as the Sellers&#146; Representative may reasonably request in writing to the Buyers&#146;
Representative to effect such recovery.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The action which the Sellers&#146; Representative may request the Buyers or any Target
Group Company to take under Paragraph&nbsp;5.2 above does not include:-</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any action (other than any action against a Tax Authority or
any professional adviser of the Buyers or any Target Company) which the Buyers
(acting reasonably) considers to be materially prejudicial to the future
business or Tax affairs of the Buyers and/or the Company; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">5.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>allowing the Warrantors (or the Sellers&#146; Representative) to
undertake conduct of any action necessary to effect the recovery of the amount
in question (unless mutually agreed between the parties in writing).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>SAVINGS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If (at the request of the Sellers&#146; Representative and at the expense of the
Warrantors) the auditors for the time being of the relevant Target Group Company
determine that a Target Group Company has obtained a Saving, the Buyers will as soon as
reasonably practicable after such determination repay to the Warrantors the lesser of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount of the Saving (as determined by the auditors) less
any reasonable costs and expenses incurred by the Target Group Company or the
Buyers; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the amount paid by the Warrantors under Part&nbsp;3 of this
Schedule in respect of the Liability for Tax which gave rise to the Saving less
any part of that amount previously repaid to the Warrantors under any
provision of this Schedule or otherwise.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 99 of 128<!-- /Folio -->
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<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers or any Target Group Company becomes aware that there is or may be a
Saving the Buyers&#146; Representative shall (or shall procure that the Target Group Company
shall) as soon as reasonably practicable inform the Sellers&#146; Representative in writing
of that fact and shall provide details of the amount of the Saving.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A Target Group Company shall be entitled to use in priority to any Relief which
gives rise to a Saving any other Relief available to it (where such other Relief would
otherwise be lost or its use would be materially restricted going forward) (including by
way of surrender by another company to it) to reduce or eliminate any liability to make
an actual payment of corporation tax but shall otherwise take such action as is
reasonably necessary to ensure that the Saving is obtained and utilised as soon as
practicable.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">6.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In determining whether the Target Group Company has obtained a Saving, the
auditors will act as experts and not as arbitrators and their determination will (in the
absence of manifest error) be conclusive and binding on the parties.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>OVERPROVISIONS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any provision for Tax (excluding deferred tax) contained in the Completion
Accounts shall at the date of any payment by the Warrantors pursuant to Part&nbsp;3 of this
Schedule be or have been (at the request of the Sellers&#146; Representative and at the
expense of the Warrantors ) certified by the Target Group Company&#146;s auditors for the
time being to be, or otherwise be shown to have been, an overprovision (applying the
accounting policies, principles and practices adopted in relation to the preparation of
the Completion Accounts), the value of such overprovision (the &#147;<B>Overprovision Amount</B>&#148;)
shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>first be set off against any payment then due from the
Warrantors under this Schedule;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>secondly, to the extent that there is an excess, there shall
be refunded to the Warrantors any previous payment or payments made by the
Warrantors under Part&nbsp;3 of this Schedule up to the amount of the excess; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>thirdly, to the extent that the excess referred to in
Paragraph&nbsp;7.1.2 has not been exhausted under that Paragraph, the remainder of
such excess shall be carried forward and be set against any further such
payment or payments in chronological order until exhausted.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Overprovision Amount shall be calculated on the basis that no overprovision
may arise or be increased by or as a result of:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any Event after Completion;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any change in Tax Statute or any increase in rates of Tax
after Completion; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">7.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the utilisation of any Accounts Relief or Post Completion Relief.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>TAX RETURNS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers or their duly authorised agents shall at the expense of the Target
Group Company be responsible for and have the conduct of preparing, submitting to and
agreeing with the Tax Authority all corporation tax returns and computations (together
with all necessary claims, elections, surrenders and notices required for such returns
and which shall incorporate, to the maximum extent permitted by law, all necessary
claims or deductions in respect of the Option Tax Deduction) of the Target Group in
respect of the accounting period during which Completion takes place (the &#147;<B>Straddle
Period Returns</B>&#148;) and shall submit such Straddle Period Returns to the relevant Tax
Authority within the relevant time periods prescribed by Tax legislation.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers shall not permit the Straddle Period Returns to be submitted without
giving reasonable opportunity to the Warrantors or their duly authorised agents to</TD>
</TR>



</TABLE>
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>comment upon those parts of the Straddle Period Returns to the extent that it
relates to the Sellers&#146; period of ownership of the Target Group and shall
incorporate any reasonable comments of the Warrantors or their duly authorised
agents into the Straddle Period Returns to the extent that relates to the Sellers&#146;
period of ownership of the Target Group before it is submitted to the relevant Tax
Authority. The Buyers&#146; Representative or their duly authorised agents shall provide
copies of the Straddle Period Returns (and other material documentation in relation
to those Straddle Period Returns, including, for the avoidance of doubt,
documentation and relevant information relevant to the determination of the Option
Tax Saving) in order for the Warrantors or their duly authorised agents to comment
on the Straddle Period Returns in accordance with the rights afforded to them under
this Paragraph&nbsp;8.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">8.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In respect of any matter which gives rise to a Tax Claim, the provisions of
Paragraph&nbsp;2 of this Part&nbsp;4 of this Schedule with respect to conduct of tax claims shall
apply instead of the provisions of this Paragraph&nbsp;8.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">9</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>OPTION TAX SAVING</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers&#146; Option Tax Benefit shall be paid in accordance with the provisions
of this paragraph 9 as additional consideration for the purposes of the Agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any Target Group Company makes an Option Tax Saving, the Buyers shall,
within 10 Business Days after the Option Tax Saving Payment Date, pay to the Sellers&#146;
Nominated Account and the TCF Nominated Account (in the proportions set out in the
Agreement) an amount equal to the Option Tax Saving.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If any Target Group Company makes a Future Option Tax Saving, the Buyers shall,
within 10 Business Days after the Future Option Tax Saving Payment Date, pay to the
Sellers&#146; Nominated Account and the TCF Nominated Account (in the proportions set out in
the Agreement) an amount equal to the Future Option Tax Saving.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>In addition to the rights and obligations set out in paragraph 8 above, the
Buyers shall and shall procure that the relevant Target Group Company (or such other
member of the Buyers&#146; Group as may be permitted by law) shall use all reasonable
endeavours to ensure any Option Tax Saving is obtained and claimed by the relevant
Target Group Company in the relevant accounting period.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If after any payment in respect of the Sellers&#146; Option Tax Benefit is made to
the Sellers pursuant to Paragraph&nbsp;9.2 or 9.3 above and the relevant Target Group
Company or the Buyers become aware that the amount of the Option Tax Saving was
different to the amount assumed in calculating such payment, the Buyers&#146; Representative
shall within 5 Business Days give the Sellers&#146; Representative written notice of the
overpayment or underpayment (as the case may be) and within 10 Business Days of the
receipt of such notice, the Sellers jointly and severally covenant tol repay to the
Buyers, or the Buyers covenant to pay to the Sellers, by way of adjustment to the
Purchase Price, the amount of the Purchase Price which has been overpaid or underpaid
respectively. The Buyers or the Warrantors may, at any time on or before the seventh
anniversary of Completion, request the auditors for the time being of the Target Group
(at the expense of the party making the request) to review the amount of the Sellers&#146;
Option Tax Benefit and establish the amount of any overpayment or underpayment for the
purposes of this paragraph.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">9.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors or their duly authorised agents shall promptly provide any
assistance to the Buyers or their duly authorised agents that is reasonably requested
in writing to ensure the Option Tax Saving is obtained by the relevant Target Group
Company.</TD>
</TR>

</TABLE>
</DIV>






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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 7<BR>
Completion Accounts</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Part&nbsp;1<BR>
Definitions</B>
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The definitions set out below apply in this Schedule only.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Agreement Notice&#148; </B>a written notice from the Sellers&#146; Representative to the Buyers stating that the
Sellers agree with the Completion Accounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Buyers&#146; Accountants&#148; </B>KPMG or such other accountants as the Buyers may appoint for this purpose in
its absolute discretion from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Expert&#148; </B>a firm of accountants independent from each of the Buyers and the Sellers appointed in
accordance with Paragraph&nbsp;2 of Part&nbsp;2 of this Schedule.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Objection Notice&#148; </B>a written notice from the Sellers&#146; Representative to the Buyers stating that the
Sellers do not agree with the draft Completion Accounts and giving details of the areas of dispute
and the Sellers&#146; proposed amendments to the draft Completion Accounts.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;Specific Accounting Policies&#148; </B>the accounting principles, practices, policies and procedures set
out in Paragraph&nbsp;2 of Part&nbsp;3 of this Schedule.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>&#147;UK GAAP&#148; </B>generally accepted accounting principles applied in the UK, incorporating Statements of
Standard Accounting Practice, Financial Reporting Standards and Urgent Issues Task Force Abstracts
issued by the Accounting Standards Board &#091;but excluding, for this purpose, International Financial
Reporting Standards&#093;, in each case, as in force at the Completion Date.
</DIV>






<P align="center" style="font-size: 10pt"><!-- Folio -->Page 102 of 128<!-- /Folio -->
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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 2<BR>
Preparation and Disputes</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>PREPARATION OF THE COMPLETION ACCOUNTS</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Buyers&#146; shall prepare and deliver to the Sellers&#146; Representative the draft
Completion Accounts as soon as reasonably practicable and in any event within 40
Business Days of Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Warrantors shall give such assistance to the Buyers and the Buyers&#146;
Accountants as the Buyers and the Buyers&#146; Accountants may reasonably require to enable
the Buyers&#146; to prepare the Completion Accounts within the period referred to in
Paragraph&nbsp;1.1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers&#146; Representative (acting on behalf of the Sellers and TCF for this
purpose) shall, within 20 Business Days starting on the day after delivery of the draft
Completion Accounts to the Seller&#146;s Representative, deliver an Agreement Notice or an
Objection Notice to the Buyers&#146; Representative.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Sellers&#146; Representative:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>delivers an Agreement Notice to the Buyers&#146; Representative; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>fails to deliver either an Agreement Notice or an Objection
Notice to the Buyers&#146; Representative in accordance with Paragraph&nbsp;1.3;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Completion Accounts be deemed to have been agreed by the Sellers and TCF and
shall be final and binding on the Buyers and the Sellers and TCF for the purposes of
this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Sellers&#146; Representative delivers an Objection Notice to the Buyers&#146;
Representative, the Buyers&#146; Representative (on behalf of the Buyers) and the Sellers&#146;
Representative (on behalf of all Sellers and TCF) shall endeavour to agree each matter
in dispute. If all the matters in dispute are resolved by agreement between the
Buyers&#146; Representative and the Sellers&#146; Representative, the Completion Accounts
(subject to any amendments agreed between the Buyers&#146; Representative and the Seller&#146;s
Representative) shall be final and binding on the Buyers and the Sellers and TCF for
the purposes of this agreement.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers&#146; Representative and the Sellers&#146; Representative are unable to
resolve any matter in dispute within 20 Business Days of the Sellers&#146; Representative
delivering an Objection Notice to the Buyers&#146; Representative, that matter may be
referred to an Expert in accordance with Paragraph&nbsp;2 below and either of the Buyers&#146;
Representative and the Sellers&#146; Representative may make such referral.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Save as provided in Paragraph&nbsp;2.8, the Buyers and the Sellers shall bear and
pay their own costs incurred in connection with the preparation and agreement or
determination (as the case may be) of the Completion Accounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Sellers shall be responsible for any costs incurred by the Sellers&#146;
Representative.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>EXPERT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>An Expert is a person appointed in accordance with this Paragraph&nbsp;2 to resolve
any matter in dispute arising in relation to the Completion Accounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the determination of the Completion Accounts is to be referred to an Expert
in accordance with Paragraph&nbsp;1.6 above, the Buyers&#146; Representative and the Sellers&#146;
Representative shall endeavour to agree the identity of the Expert (choosing from any
one of KPMG LLP, PricewaterhouseCoopers LLP, Deloitte LLP, Ernst &#038; Young LLP, Grant
Thornton LLP, BDO and Baker Tilly) within 5 Business Days of the date on which the
matter is required to be referred in accordance with Paragraph&nbsp;1.6 above</TD>
</TR>

</TABLE>
</DIV>
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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>and, if the Buyers&#146; Representative and the Sellers&#146; Representative are unable to
agree on the identity of the Expert within such period, either of the Buyers&#146;
Representative and the Sellers&#146; Representative may request the President from time
to time of the Institute of Chartered Accountants in England and Wales to appoint an
Expert with appropriate experience (choosing from the aforementioned firms).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Expert shall prepare a written decision and give notice (including a copy)
of the decision to the Buyers&#146; Representative and the Sellers&#146; Representative within a
maximum of 2&nbsp;months of the matter being deferred to it.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Expert becomes unwilling to act or does not deliver the decision within
the time required by Paragraph&nbsp;2.3 then:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>either the Buyers&#146; Representative and the Sellers&#146;
Representative may apply to the President from time to time of the Institute of
Chartered Accountants in England and Wales (choosing from the firms listed in
Paragraph&nbsp;2.2) to discharge the Expert and to appoint a replacement Expert with
appropriate experience; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>this Paragraph&nbsp;2 shall apply in relation to the new Expert as
if it were the first Expert appointed.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Buyers and the Sellers and TCF shall provide (or procure (to the
extent they are legally able) that others provide) the Expert with such assistance and
documents (including, if the Expert so determines, submissions (whether oral or
otherwise)) and at such times as the Expert reasonably requires for the purpose of
reaching a decision.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>To the extent not provided for by this Paragraph&nbsp;2, the Expert may, in its
reasonable discretion, determine such other procedures to assist with the conduct of
the determination as it considers just or appropriate, including (to the extent it
considers reasonably necessary) instructing professional advisers to assist it in
reaching its determination.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Expert shall act as an expert and not as an arbitrator. The Expert shall
determine any dispute (which may include any issue involving the interpretation of any
provision of this agreement, the Expert&#146;s jurisdiction to determine the matters and
issues referred to it or its terms of reference). The Expert&#146;s written decision on any
matter referred to it shall be final and binding on the Buyers and the Sellers and TCF
in the absence of manifest error or fraud.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Each of the Buyers and the Sellers and TCF shall bear and pay its own costs in
relation to the Expert. The Expert&#146;s fees and any costs properly incurred by it in
arriving at its determination (including any fees and costs of any advisers appointed
by the Expert) shall be borne by the Buyers on the one hand and by the Sellers and TCF
on the other hand, equally or in such other proportions as the Expert directs.</TD>
</TR>

</TABLE>
</DIV>






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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 3<BR>
Preparation of Completion Accounts and Accounting Policies</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Preparation of Completion Accounts</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The provisions of this Part&nbsp;3 of Schedule&nbsp;7 shall apply for the purposes of
preparing the Completion Accounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Completion Accounts shall show the calculation of Cash, Debt and Completion
Working Capital and shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>be prepared in accordance with the Specific Accounting
Policies, so that, in the case of any conflict, such policies and principles
shall override the provisions of Paragraphs 1.2.1 and 1.2.2 below;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to the extent not covered by Paragraph&nbsp;1.2.1 above and to the
extent consistent with UK GAAP, be prepared in accordance with the accounting
policies, principles, practices and procedures adopted by, and all applied in
same way as, the Target Group in the preparation of the Accounts, so that, in
the case of any conflict, such policies, principles, practices and procedures
shall override the provisions of Paragraph&nbsp;1.2.3 below;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>where none of the accounting policies, principles, practices
or procedures referred to in Paragraphs 1.2.1 and 1.2.2 deal with the matter,
be prepared or determined in accordance with UK GAAP;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>not reappraise the value of any of the assets of any Target
Group Company as a result of such change in control or ownership; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>be prepared on a going concern basis and take no account of
post-balance sheet events occurring or information becoming available more than
40 Business Days after the Completion Date.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Specific Accounting Policies</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>General</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The accounting policies set out in Paragraphs 2.1 to 2.5 below
shall apply to all Target Group Companies.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The calculation of Completion Working Capital, Cash and Debt
shall exclude any balances already taken into account in External Debt and
actually paid on Completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the avoidance of doubt, the calculation of Completion
Working Capital, Cash and Debt shall be extracted from the Completion Balance
Sheet and the Cash and Debt Statement respectively and, to the extent that a
balance has, for example, been included in the calculation of Completion
Working Capital it will not be included in the calculation of Cash or Debt (ie
there will be no double-counting or one-sided entries).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Cash</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For the avoidance of doubt, the calculation of Cash shall
exclude: (i)&nbsp;all amounts applied in repayment of the External Debt on the
Completion Date; and (ii)&nbsp;the amount of the Retained Cash.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a worked example of the calculation of Cash is included for
illustrative purposes only at Annexure 1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Figures to be expressed in sterling based on the exchange
rates published on OANDA.COM on the Completion Date</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Debt</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Figures to be expressed in sterling based on the exchange
rates published on OANDA.COM on the Completion Date</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 105 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A worked example of the calculation of Debt is included for
illustrative purposes only at Annexure 1.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Policies to be applied in calculating Completion Working Capital</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>A worked example of the calculation of Working Capital is
included for illustrative purposes only at Annexure 1.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No account will be taken in calculating any provision for Tax
(current or deferred) of any tax benefit or assets that may arise to any Target
Group Company in connection with any hedging contracts or arrangements entered
into by any Target Group Company prior to completion.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No account will be taken in calculating any provision for Tax
(current or deferred) of any tax benefit or assets that may arise to any Target
Group Company in connection with exercise of the Options under Chapter&nbsp;3 of
Part&nbsp;12 of the Corporation Tax Act 2009.</TD>
</TR>




</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 106 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 4<BR>
Adjustment of the Purchase Price</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>CALCULATION OF ADJUSTMENT</B></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The Purchase Price shall be adjusted as follows:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there shall be deducted the amount, if any, by which the Completion Working
Capital is less than the amount of the Normal Working Capital; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there shall be deducted the amount, if any, by which the Net Debt Amount as
shown in the Net Debt Statement is greater than zero; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>there shall be added the amount, if any, by which the Net Debt Amount as shown
in the Net Debt Statement is less than zero.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="5%" nowrap align="left">2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>PAYMENT</B></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Within 5 Business Days of the date on which the Completion Accounts are agreed,
deemed agreed or determined in accordance with Paragraph&nbsp;1.4, Paragraph&nbsp;1.5 or
Paragraph&nbsp;2.7 of Part&nbsp;2 of Schedule&nbsp;7 (the date of such agreement, deemed agreement or
determination being, the <B>&#147;Determination Date&#148;</B>):</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if the Purchase Price (as adjusted pursuant to Paragraph&nbsp;1 above) is greater
than and amount equal to &#163;75,000,000 less the External Debt, the Buyers shall pay to
the Sellers (as to 85%) and TCF (as to 15%) an amount in cash equal to the amount by
which the Purchase Price exceeds &#163;75,000,000 less the External Debt (the <B>&#147;Excess&#148;</B>) in
accordance with Paragraph&nbsp;2.2.1 below; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if the Purchase Price (as adjusted pursuant to Paragraph&nbsp;1 above) is less than
an amount equal to &#163;75,000,000 less the External Debt, the Sellers (as to 85%) and TCF
(as to 15%) shall pay to the Buyers an amount in cash equal to the amount by which the
Purchase Price is less than an amount equal to &#163;75,000,000 less the External Debt (the
<B>&#147;Shortfall&#148;</B>), which payment shall be satisfied in accordance with Paragraph&nbsp;2.2.2
below.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any payment or repayment to be made under Paragraph&nbsp;2.1 shall be made:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if to the Sellers and TCF, by telegraphic transfer for same
day value to the Sellers&#146; Nominated Account (as to 85%) and the TCF Nominated
Account (as to 15%) (and the Parties agree that the Buyers shall have no
concern in the allocation of such amount and its distribution to the Sellers
and TCF and the payment by the Buyers for the in accordance with this Paragraph
2.2.1 shall constitute a complete and valid discharge of the Buyers&#146;
obligations under Paragraph&nbsp;2.1.1 and to pay the Purchase Price); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="12%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.4.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>if to the Buyers, payments equal to the amount of the
Shortfall shall be made from the Holdback Account in accordance with clause
5.2.1 or 5.2.2 (as the case may be) and, in the event that, as a result of
payments made pursuant to clause 5.2.1, the Warranty Holdback Amount is
reduced, the Sellers shall pay the Holdback Top-Up into the Holdback Account in
accordance with clause 5.2.1. In the event that the Shortfall exceeds the
aggregate of the Purchase Price Holdback Amount and the Warranty Holdback
Amount, an amount corresponding to such excess shall be paid in cash to the
Buyers (to an account designed by the Buyers for such purpose) by the Sellers
and TCF provided that the liability of each Seller and TCF to make a payment to
the Buyers in respect of such excess shall be limited to the amount of such
excess multiplied by the percentage set out opposite that Seller&#146;s and TCF&#146;s
name in column (4)&nbsp;of Schedule&nbsp;1.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the Buyers or the Sellers or TCF fails to make a payment which they are
required to make in accordance with Paragraphs 2.1 and 2.2, that Party shall also pay
interest on</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->Page 107 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>that sum for the period beginning with the date on which it was due to be paid and
ending with the date on which the sum is paid (and the period shall continue after
as well as before judgement). The rate of interest shall be 2% per annum above the
base lending rate for the time being of The Royal Bank of Scotland Plc. Interest
shall accrue on a daily basis and be compounded quarterly. This Paragraph&nbsp;2.5 is
without prejudice to any claim for interest under the law.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="5%" nowrap align="left">2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>It is acknowledged by the Parties that the making by the Sellers and TCF to the
Buyers or by the Buyers to the Sellers and TCF, and the receipt by the Sellers and TCF
or the Buyers as the case may be, of the payment (if any) to be made under Paragraph
2.2 of this Part&nbsp;4 of Schedule&nbsp;7 by way of adjustment to the Purchase Price shall
constitute conclusive evidence of the agreement by all Parties of the Completion
Accounts (including the manner of their preparation) and of the amounts of Cash, Debt
and Completion Working Capital.</TD>
</TR>

</TABLE>
</DIV>






<P align="center" style="font-size: 10pt"><!-- Folio -->Page 108 of 128<!-- /Folio -->
</DIV>

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<DIV style="font-family: Helvetica,Arial,sans-serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Part 5</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 0pt"><B>Pro Forma Completion balance Sheet</B>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="7%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Current assets</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Stock
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Trade debtors
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Other debtors
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Prepayments
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Less</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Current liabilities</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Trade creditors
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Other creditors
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Accruals
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Corporation Tax
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Deferred Tax
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR style="font-size: 1px">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom">&nbsp;</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Completion Working Capital</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="bottom"><FONT style="font-family: Symbol">&#168;</FONT></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 109 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>R&#038;D SYSTEMS EUROPE LIMITED </B>acting by a director in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Thomas E. Oland
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>Director</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>RESEARCH AND DIAGNOSTIC SYSTEMS, INC </B>acting by an authorised officer in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Thomas E. Oland
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>Authorised Officer</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED
</B>by <B>&#091;</B>S. GRENIER<B>&#093; </B>as attorney for <B>TOTAL CAPITAL FINANCE LIMITED </B>under
a power of attorney dated 19
April&nbsp;2011:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<tr>
<TD style="font-size:10pt">&nbsp;</TD>
</TR>


<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center" nowrap>/s/ [ILLEGIBLE]<DIV style="font-size: 1pt; border-top: 1px solid #000000; WIDTH: 100%; MARGIN-LEFT: 0%">&nbsp;</DIV>
Attorney for <B>TOTAL CAPITAL FINANCE LIMITED</B><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 110 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>ANDREW BIRNIE </B>in the presence of:
</DIV>
<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">       /s/ Andrew Birnie
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>ANDREW BIRNIE</B></TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>



<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Andrew Birnie </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JENNIFER BIRNIE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 6/4/2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">        /s/ Andrew Birnie
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>JENNIFER BIRNIE</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 111 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>LAURENCE EDE </B>in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Laurence Ede
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>LAURENCE EDE</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Laurence Ede </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>HAZEL EDE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 7 April 2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">        /s/ Laurence Ede
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>HAZEL EDE</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 112 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>ANTHONY KENNY </B>in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Anthony Kenny
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>ANTHONY KENNY</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
<B>DEED </B>by <B>Anthony Kenny </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ROBERT CREWS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 6 April 2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Anthony Kenny
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>ROBERT CREWS</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 113 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Laurence Ede </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JOANNE CLARKE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 28 April 2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Laurence Ede
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>JOANNE CLARKE</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Laurence Ede </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>GRAHAM MILLER</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 8 April 2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ Laurence Ede
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>GRAHAM MILLER</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 114 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>DAVID PETERS </B>in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ David Peters
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center"><B>DAVID PETERS</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B>as attorney for
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>CATHERINE PETERS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 17 April 2011 in the presence of:
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" style="border-bottom: 1px solid #000000" align="center">/s/ David Peters
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">Attorney for <B>CATHERINE PETERS</B>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="center">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="15%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top" nowrap><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->Page 115 of
128<!-- /Folio -->
</DIV>



<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Andrew Birnie </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ESMOND JONES</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 7 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Andrew Birnie
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>ESMOND JONES</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>DUNCAN CRAWFORD </B>in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
<B>DUNCAN CRAWFORD</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 116 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Duncan Crawford </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ELSA CRAWFORD</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 14 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>ELSA CRAWFORD</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by the said <B>KARL SWIFT </B>in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
<B>KARL SWIFT</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 117 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>KIM SWIFT</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 28 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>KIM SWIFT</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Laurence Ede </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SARAH EDWARDS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 19 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Laurence Ede
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>SARAH EDWARDS</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander Rosenstein</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Fredrikson &#038; Byron, P.A.</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">200 S. 6<SUP style="FONT-size: 85%; vertical-align: text-top">th</SUP> Street, Suite&nbsp;4000</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Minneapolis, MN 55402</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Attorney</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 118 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>TINA HUMPHRIES</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>TINA HUMPHRIES</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>MARK COOPER</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>MARK COOPER</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 119 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>PIERRE LACROUTS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 8 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>PIERRE LACROUTS</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quam</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solictor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JUSTIN COWELL</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>JUSTIN COWELL</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 120 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ROBERT FELIX</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>ROBERT FELIX</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>STEPHEN REYNOLDS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>STEPHEN REYNOLDS</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 121 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DIDIER BRUYERE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>DIDIER BRUYERE</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>LOUISE ARGENT</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>LOUISE ARGENT</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 122 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Duncan Crawford </B>as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>BURHAN KARADOGAN</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>BURHAN KARADOGAN</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by  as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>RICHARD MORLEY</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>RICHARD MORLEY</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 123 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Duncan Crawford </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>RHOD SAMUEL</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>RHOD SAMUEL</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Duncan Crawford </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>GRAHAM MARSH</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Duncan Crawford
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>GRAHAM MARSH</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 124 of
128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SOPHIE NEWTON</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 13 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>SOPHIE NEWTON</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>STEWART READ</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>STEWART READ</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 125 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>ADELE SHEEHAN</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>ADELE SHEEHAN</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>Karl Swift </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>NATALIE HARKER</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18 April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ Karl Swift
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>NATALIE HARKER</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 126 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JULIAN WHERLOCK</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>JULIAN WHERLOCK</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JENNIE WILLIAMS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a
power of attorney dated 18&nbsp;April 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>JENNIE WILLIAMS</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->Page 127 of 128<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: Helvetica,Arial,sans-serif">


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>RUTH CUFFE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a power of attorney dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>RUTH CUFFE</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SIGNED </B>(but not delivered until the date hereof) as a

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEED </B>by <B>David Peters </B> as attorney for

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>JANICE BEALE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">under a power of attorney dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2011 in the presence of:

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="49%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">/s/ David Peters
<DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
Attorney for <B>JANICE BEALE</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">&nbsp;</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="20%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="80%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">WITNESS:</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Signature:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Name:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Christopher Oliver</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Address:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">2 Temple Back East</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Temple Quay</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Bristol</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Witness Occupation:
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Solicitor</TD>
</TR>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to Item&nbsp;601(b)(2) of Regulation&nbsp;S-K, the following schedules, documents and annexures
have been omitted and will be furnished supplementally to the SEC upon request:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Schedule&nbsp;1</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Part&nbsp;1 The Sellers<BR>
Part&nbsp;2 Details of the Buyers

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Documents in the agreed form</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">1 The Minutes.<BR>
2 The Releases<BR>
3 Voting power of attorney.<BR>
4 Resignation letters of Resigning Executives.<BR>
5 The Service Agreements.<BR>
6 The Compromise Agreements.<BR>
7 Holdback Letter.<BR>
8 Indemnities for lost share certificates

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Annexures</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">1 The Accounts<BR>
2 The Management Accounts<BR>
3 Worked examples of the calculation of each of the Cash, Debt and Working Capital

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Disclosure Letter</B>
</DIV>



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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">TECHNE CORPORATION ANNOUNCES ACQUISITION
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Minneapolis/May&nbsp;3, 2011/&#151;Techne Corporation (NASDAQ: TECH) (Techne) announced today that it has
acquired 100% ownership of Tocris Holdings Limited and subsidiaries (Tocris), a leading supplier of
reagents for non-clinical life science research. Tocris&#146; products are used in both in-vitro and
in-vivo experiments, to understand biological processes and diseases. The business is focused on
making biologically active neuro- and bio-chemicals which are used by researchers to elucidate
biological processes and pathways. The products are used in life-science research activities and as
part of the initial drug discovery process.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Techne, through its subsidiaries, R&#038;D Systems, Inc. and R&#038;D Systems Europe, Ltd., is a leading
developer, manufacturer and distributor of purified cytokines (proteins), antibodies and assay kits
which are sold to biomedical researchers and clinical research laboratories.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tocris is a Bristol, UK based company with origins deriving from Tocris Neuramin and Cookson
Chemical which were founded in 1982 and 1985, respectively. Tocris currently offers over 2,900
chemical, peptide and antibody products. The principal end users are non-clinical laboratory based
researchers, working in areas such as neuroscience, cardiovascular disease, endocrinology and
cellular processes. Originally a supplier of small molecules, Tocris has successfully pursued a
strategy of extending its product range into related market segments such as signal transduction.
The products sold by Tocris are used in various research fields including cancer, cardiovascular
disease, endocrinology, immunology, metabolic diseases, neurological diseases, pain and
inflammation, and respiratory diseases. From a cellular process perspective, Tocris products are
used to study angiogenesis, apoptosis, cell cycle, cell metabolism, cellular skeleton and motor
proteins, extracellular matrix, adhesion molecules, signal transduction and stem cells. Tocris
reagents are also used from a pharmacological perspective to study ion channels, 7-TM receptors,
nuclear receptors, enzyme-linked receptors, transporter molecules and enzymes.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tocris products have traditionally been chemically-based small compounds, sold in highly purified
forms and with agonistic or antagonistic properties in a variety of biological processes. R&#038;D
Systems products are biologically active reagents used in life science experimentation with very
well defined properties. The addition of Tocris products to the R&#038;D Systems product line will allow
our customers to have access to the broadest range of compounds and biological reagents to meet
their life science research needs. The combined chemical and biological reagents portfolio of the
two companies will provide new tools which can be used in solving the complexity of important
biological pathways and glean knowledge which may lead to a fuller understanding of biological
processes and ultimately the development of novel strategies to address different pathologies.
</DIV>




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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tocris has a strong track record of profitable, cash generative growth with calendar 2010 revenues
of approximately &#163;11.7&nbsp;million ($18.2&nbsp;million). Its Earnings Before Interest, Taxes, Depreciation
and Amortization (EBITDA)&nbsp;was approximately &#163;7.4&nbsp;million ($11.4&nbsp;million) in calendar 2010 for an
EBITDA margin of approximately 63%.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tocris was acquired for &#163;75&nbsp;million (approximately $124&nbsp;million) in cash. The acquisition should
increase Techne&#146;s fourth quarter fiscal year 2011 sales by approximately $3.5&nbsp;million. The
acquisition is expected to be slightly dilutive to Techne&#146;s fourth quarter fiscal 2011 and fiscal
year 2012 net earnings, due to the impact of acquisition accounting related to the step-up in basis
for acquired inventories and the amortization of intangibles. However, the purchase price
allocation of the acquisition has not been completed and, therefore, it is not currently possible
to predict the impact that the acquisition will have on fourth quarter fiscal 2011 or fiscal 2012
earnings per share.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tom Oland, President and CEO of Techne, said &#147;Tocris has a business model which mirrors that of R&#038;D
Systems with comparable financial metrics. Its strong market position has been earned through the
development of a well-respected brand, a diverse and high-quality product line, an innovative
product development pipeline and excellent service. The acquisition will enhance and supplement
the depth and breadth of R&#038;D Systems&#146; product offering and will augment our ability to serve
research scientists, as well as leverage our marketing, sales and distribution capabilities with
this important product class.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Tocris Chief Executive Officer, Laurence Ede, added &#147;Strategically, the fit is excellent, as both
Tocris and R&#038;D Systems have many customers in common and yet our product ranges are entirely
complementary. Consequently, the combined business will represent far more of a one-stop-shop for
life scientists and be ideally placed to compete in the global market. In addition, there are many
similarities of culture between the two companies, not least a commitment in both cases to
providing novel products and services of the highest quality.&#148;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Mr.&nbsp;Ede and the management team and employees of Tocris will continue its product development,
marketing and sales activities from Bristol, U.K. They will also coordinate with R&#038;D Systems and
its related European and Chinese entities to expanded product distribution into the world-wide
market.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The investment banking advisors to Tocris were Momentum Corporate Finance LLP.
</DIV>





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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">This press release contains forward-looking statements within the meaning of the Private Litigation
Reform Act. Such statements, including those relating to (i)&nbsp;the expected impact of the acquisition
on Techne&#146;s sales and net earnings, and (ii)&nbsp;the expected benefits of the acquisition on Techne&#146;s
business and operations, involve risks and uncertainties that may affect actual results. The
following important factors, among others, have affected and, in the future, could affect the
Company&#146;s actual results: the integration of Tocris into the Techne group of companies, the actual
financial results of Tocris, the purchase price allocation of the acquisition, the introduction and
acceptance of new biotechnology and hematology products, the levels and particular directions of
research by the Company&#146;s customers, the impact of the growing number of producers of biotechnology
research products and related price competition, general economic conditions, the retention of
hematology OEM and proficiency survey business, the impact of currency exchange rate fluctuations,
and the costs and results of research and product development efforts of the Company and of
companies in which the Company has invested or with which it has formed strategic relationships.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For additional information concerning such factors, see the Company&#146;s annual report on Form 10-K
and quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission. We
undertake no obligation to update or revise any forward-looking statements we make in our press
releases due to new information or future events. Investors are cautioned not to place undue
emphasis on these statements.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt">* * * * * * * * * * * * * *
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Techne Corporation has two operating subsidiaries: Research and Diagnostic Systems, Inc. (R&#038;D
Systems) of Minneapolis, Minnesota and R&#038;D Systems Europe, Ltd. (R&#038;D Europe) of Abingdon, England.
R&#038;D Systems is a specialty manufacturer of biological products. R&#038;D Systems has three
subsidiaries, BiosPacific, Inc. (BiosPacific) located in Emeryville, California, Boston Biochem,
Inc. (Boston Biochem) located in Cambridge, Massachusetts and R&#038;D Systems China Co. Ltd., (R&#038;D
China), located in Shanghai, China. BiosPacific is a worldwide supplier of biologics to
manufacturers of in vitro diagnostic systems and immunodiagnostic kits. Boston Biochem is a
leading developer of innovative ubiquitin-related research products. R&#038;D China and R&#038;D Europe
distribute biotechnology products.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Contact:
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Greg Melsen, Chief Financial Officer<BR>
Kathy Backes, Controller<BR>
(612)&nbsp;379-8854

</DIV>


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