Town Centre Securities (Manchester) Limited

£25,000,000 BEING THE AGGREGATE PRINCIPA L AMOUNT OF THE NEW STOCK (AS DEFINED) T OGETHER WITH INTEREST AT THE RATE OF 10 1/2 PER CENT. PER ANNUM (PAYABLE BY EQUA L HALF-YEARLY INSTALMENTS ON 27 JUNE AND 27 DECEMBER IN EACH YEAR,THE FIRST PAYM ENT OF INTEREST ON THE NEW STOCK BEING D UE ON 27 DECEMBER 1995 IN RESPECT OF THE PERIOD FROM (BUT EXCLUDING) 27 NOVEMBER 1995 TO AND INCLUDING 27 DECEMBER 1995) AND PREMIUMS (IF ANY) AND THE PRINCIPAL AMOUNT OF AND INTEREST AND PREMIUMS (IF ANY) ON THE EXISTING STOCK (AS DEFINED) AND ALL OTHER MONIES DUE FROM THE COMPA NY TO THE CHARGEE INTENDED TO BE SECURED BY OR PURSUANT TO THE TRUST DEEDS (AS D EFINED)

£60,000,000 10 1/2 % DEBENTURE STOCK 202 1 AND ALL OTHER MONIES DUE FROM THE COMP ANY AND/OR TOWN CENTRE SECURITIES LIMITE D TO THE CHARGEE UNDER THE TERMS OF THE TRUST DEEDS (AS DEFINED)

ALL PRINCIPAL AND INTEREST PAYABLE BY TH E COMPANY IN RESPECT OF THE ORIGINAL £15 000,000 10.5% FIRST MORTGAGE DEBENTURE S TOCK 2021 OF THE COMPANY AND A FURTHER £ 35,000,000 10.5% FIRST MORTGAGE DEBENTUR E STOCK 2021 OF THE COMPANY CONSTITUTED AND SECURED BY A TRUST DEED DATED 9TH AP RIL 1987 BY A FIRST SUPPLEMENTAL TRUST D EED DATED 2ND OCTOBER 1989 AND BY THE SE COND SUPPLEMENTAL DEED TOGETHER WITH ALL OTHER MONIES INTENDED TO BE SECURED BY THE SAID DEEDS

£15,000,000 10 1/2% FIRST MORTGAGE DE BENTURE STOCK 2021 OF TOWN CENTRE SECURI TIES PLC AND A FURTHER £35,000,000 10 1/2% OF FIRST MORTGAGE DEBENTURE STOCK 2021 OF TOWN CENTRE SECURITIES CREATED B Y A TRUST DEED DATED 9TH APRIL 1989 TOGE THER WITH ALL OTHER MONIES INTENDED TO B E SECURED BY THE DEEDS.

All monies

All monies

NO AMOUNT SECURED