| ·   | £6      million each year for 15 years (from 2007 to 2021 inclusive) payable in      annual instalments by 15 July each year, save that the contribution      payable in 2008 shall be paid by 16 July  2008. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | technical      provisions will continue to be calculated according to the method and      assumptions set out in the statement of funding principles dated July      2008, with financial conditions unchanged from those at the valuation      effective date. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the      experience of the Plan will be in line with the assumptions underlying the      technical provisions. |
|--------------------|----------------------------------------------------------------------------------------------------------------|

| ·   | technical      provisions will continue to be calculated according to the method and      assumptions set out in the statement of funding principles dated July      2008, with financial conditions updated to 5 April  2008. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the      experience of the Plan after 5 April 2008 will be in line with the      assumptions underlying the technicalprovisions. |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

----

| Introduction | This      statement sets out the Trustee’s policy for securing that the statutory      funding objective (SFO) is      met.  The SFO is defined in section 222 of the Pensions Act      2004, which states that every scheme must have sufficient and appropriate      assets to cover its technical provisions.The      original version of this Statement of Funding Principles dated 8 June 2007      has been revised in July 2008. The original Statement of Funding      Principles stated that the employer maintained its commitment to reach a      90% funding level by 2008, as agreed following the 2003 valuation.      Chesapeake Plc (formerly Field Group Plc) is unable to afford the      contributions needed to achieve a funding level of 90% at April 2008 and      so the Statement of Funding Principles has been revised to remove this      commitment following advice from the Scheme Actuary. Both the Recovery      Plan and the Schedule of Contributions are also being revised to reflect      the removal of the commitment to achieve a 90% funding level by 2008. The      Statement of Funding Principles has also been revised to reflect the fact      that with effect from 1 July 2008 Chesapeake Plc will meet the Plan’s      administration expenses directly as they fall due rather than paying      contributions to the Plan annually in arrears in respect of the Plan’s      expenses. |
|--------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Technical      provisions | The      technical provisions are the amount that will be needed to pay the Plan      benefits that relate to service up to the valuation date, if the      assumptions made are borne out in practice.The      assumptions used to calculate the technical provisions are intended to      provide a prudent estimate of the future experience of the Plan, with a      modest allowance for the future potential outperformance over gilts from      continued investment in more risky asset sectors such as      equities.  There is an underlying assumption that the Plan will      continue with benefits being met from the Plan as they fall      due.The      method and assumptions used to calculate the technical provisions are      summarised in Appendices A and B. |
|---------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Employer      contributions | Employer      contributions are assessed by calculating the cost of future benefit      accrual using the same assumptions as for the technical      provisions:plus· an      estimate of the cost of providing lump sum death benefits; reduced      by· the      contributions made by members; adjusted      by· the      amounts needed to eliminate any shortfall or surplus relative to the      technical provisions. The      employer will also pay an annual contribution to the Plan equal to the      Plan’s administrative expenses including the Pension Protection Fund (PPF)      and other levies collected by the Pensions Regulator, in respect of      expenses incurred before 1 July 2008. From 1 July 2008 the employer will      pay the Plan’s administrative expenses including the PPF and other levies      collected by the Pensions Regulator directly as they fall    due. |
|-----------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Dealing      with shortfalls | Any      shortfall in assets compared with technical provisions identified at an      actuarial valuation will be eliminated as quickly as the employer can      reasonably afford by the payment of additional contributions in accordance      with the recovery plan agreed between the Trustee and the      employer.  The additional contributions will generally consist      of a stream of regular level payments made over the recovery      period.In      determining the recovery period at any particular valuation the following      factors will be taken into account:· the      size of the funding shortfall; · the      business plans of the employer; · the      Trustee’s assessment of the financial covenant of the employer;      and · any      contingent security offered by the employer. Should      future valuations reveal a deficit larger than expected, the payments      under the original plan will continue, but will be supplemented by      additional payments.The      assumptions to be used in the shortfall elimination calculations will be      the same as those for calculating the technical  provisions. |
|------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Policy      on discretionary increases and funding strategy | Under      the provisions of the Plan’s Trust Deed and Rules, there are certain      discretionary powers to provide or increase benefits for, or in respect      of, all or any of the members of the Plan.The      employer has confirmed that it does not wish to make any advance provision      for any discretionary benefits that could be provided under the Plan’s      Trust Deed and Rules. Therefore no allowance for discretionary benefits is      included in the technical provisions.If      any discretionary increases to benefits are made, the Trustee’s current      policy is to request immediate additional contributions to meet the cost      of such increases.  This policy will be reviewed if there is a      material improvement in the Plan’s discontinuance funding level or if      substantial financial security is offered to the Plan by the      employer. |
|-------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Interaction      with investment strategy | · The      assets that most closely match the Plan’s liabilities are index-linked and      fixed-interest gilts of appropriate term compared to the      liabilities. · The      Plan is partly invested in assets such as equities that are expected,      although not guaranteed, to produce a higher return than      gilts.  The Trustee understands that investing in equities      reduces the expected contributions required from the employer in the      long-run. · An      allowance for the extra return expected from equity investment has been      taken into account in setting the Plan’s technical      provisions.  If this extra return is not achieved over the long      term, the shortfall will ultimately need to be met by increased      contributions from the employer. · Both      the employer and the Trustee appreciate that the contributions required      can be volatile. · The      Trustee regularly reviews the Plan’s investment strategy taking into      account the funding position and liability profile.  The Trustee      will consult fully with the employer before any changes are made to the      investment strategy.  |
|-------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Risks  | The      Trustee and the employer recognise that there are a number of risks      inherent in the funding plan and that additional funding may be required      at future valuations if the experience of the Plan is not in line with the      assumptions made.  In addition to the investment risk detailed      above, particular risks are:                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   | Longevity      riskFuture      improvements in life expectancy may be greater than anticipated. In      setting the Plan’s funding target standard mortality tables have been      used, adjusted to make some allowance for future improvements in      longevity.  The mortality assumptions are reviewed as part of      the formal triennial actuarial valuations.                                                                                                                                                                                                                                                                                                                                                                                                                                           |
|   | Discontinuance      riskThe      Trustee and the employer recognise that the Plan could be discontinued in      accordance with Clause 12 of the Plan’s Trust Deed &      Rules.If      the Plan is discontinued then the technical provisions may need to be      revised to reflect the change in the Plan’s      circumstances.  There is a risk that the assets in the Plan at      that time may be insufficient to cover these revised technical      provisions.  In addition, there is a risk that the employer may      at that time be unable to meet its obligation to contribute to the      Plan.  Furthermore, the capacity of the insurance market may be      insufficient at that time to secure the liabilities externally, if the      Trustee wished to do so. |

|   |
|--------|

| Monitoring      employer covenant | The      employer will provide the Trustee with quarterly cashflow information for      the participating employers. In addition, the employer will send copies of      its annual accounts to the Trustee as soon as they become available and      inform the Trustee as soon as possible of developments which have or could      have a material adverse impact on the strength of the employer      covenant.The      Trustee will review the need for further information on employer covenant      such as an independent assessment at least once a year, and following any      valuation or funding report which shows a shortfall against the technical      provisions. |
|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Frequency      of valuations | The      Plan’s first actuarial valuation to which this statement applies is being      carried out as at 5 April 2006.  Subsequent valuations will      normally be carried out every three years.                                                                                                                                                                                                                                                                                       |
|------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                         | The      Trustee will obtain an actuarial report on developments affecting the      Plan’s funding level as at each intermediate anniversary of the valuation      date.If,      after considering the actuary’s advice, the Trustee becomes of the opinion      that it is unsafe to rely on the results of the previous full valuation as      a basis for future employer contributions, it will consider seeking the      employer’s agreement to the calling of a full  valuation. |

|   |
|--------|

| Signatures | This      statement may be executed in any number of counterparts, and this has the      same effect as if the signatures on the counterparts were on a single copy      of this statement. This      statement has been agreed by the employer.  |
|------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|       | Signed      on behalf of Chesapeake Plc                                                                                                                                                                                                           |
|       | Signature:       /s/ G. Faller                                                                                                                                                                                                                         | Name:       G. Faller |   |
|       |                                                                                                                                                                                                                                                        |   |   |
|       | Position:        Director                                                                                                                                                                                                                         |   | Date:         15 Jul. 08 |   |
|       |                                                                                                                                                                                                                                                        |   |   |   |
|       | This      statement was agreed by the Trustee in June 2008 and is effective from the      date of signature.                                                                                                                                           |
|       | Signed      on behalf of Field Group Pension Trustee Limited                                                                                                                                                                                      |
|       | Signature:       /s/ M. H. O'Connell                                                                                                                                                                                                                   | Name:       M. H. O'Connell |   |
|       |                                                                                                                                                                                                                                                        |   |   |
|       | Position:         Chairman                                                                                                                                                                                                                   |   | Date:        15.07.08. |   |

|   |
|--------|

----

| Method | The      actuarial method to be used in the calculation of the technical provisions      is the Projected Unit Method with a three year Control    Period. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Financial      assumptions -approach | The      approach to be used in determining each of the financial assumptions for      calculating the technical provisions and the employer contributions is set      out below. |
|--------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Price      inflation | The      assumption is derived from the difference between the market yields on      long-dated fixed-interest and index-linked gilts at the valuation      date. |
|----------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Discount      rate | The      annualised gross redemption yield on the 20 year gilt index (all stocks)      at the valuation date plus 1.0% p.a., rounded to the nearest 0.1%      p.a.The      same discount rate is to be used for both pre-retirement and      post-retirement liabilities. |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Pay      increases | Each      member’s salary is assumed to increase in line with the assumed rate of      price inflation plus 1.0% p.a. |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Increases      to pensions in payment | Derived      from the price inflation assumption allowing for the maximum and minimum      annual increases. |
|---------------------------------------|--------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Revaluations      of deferred pensions in excess of GMP | The      price inflation assumption (subject to review if there is a significant      change in the level of thisassumption). |
|---------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Expenses | No      allowance in the calculation of the technical provisions.  The      employer will meet the cost of the Plan’s administrative expenses each      year. |
|----------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

----

| Financial      assumptions -summary | A      summary of all the financial assumptions for calculating the technical      provisions and the employer contributions for the valuation at 5 April      2006, determined using the approach outlined above, is as      follows:  |
|-------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                                                                                                                                                                                                                                | (%      p.a.) |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------|
| Discount      rate                                                                                                                                                                                                                                  | 5.3           |
| Price      inflation                                                                                                                                                                                                                                | 3.0           |
| Rate      of pay increases                                                                                                                                                                                                                          | 4.0           |
| Rate      of increases to pensions in payment in excess of GMPs-      subject      to inflationary increases up to 5% p.a.-      subject      to inflationary increases up to 2.5% p.a. |  2.92.1  |
| Rate      of increases to post-88 GMPs in payment                                                                                                                                                                                                   | 2.4           |
| Rate      of revaluation of deferred pensions in excess of GMP                                                                                                                                                                                      | 3.0           |

|   |
|--------|

----

| Post-retirement      mortality | For      current pensioners and dependants:117.5%      of standard tables PMA92 and PFA92 projected forward to calendar year      2016, making allowance for improvements in mortality in line with the PA92      Medium Cohort improvement factors.For      future pensioners and dependants:117.5%      of standard tables PMA92 and PFA92 projected forward to calendar year      2026, making allowance for improvements in mortality in line with the PA92      Medium Cohort improvement factors.Sample      life expectancies are shown below. |
|--------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Pre-retirement      mortality  | Males:      Standard table AM92 Ultimate rated down by 2 yearsFemales:      Standard table AF92 Ultimate rated down by 2 yearsSample      rates are shown below.                                                                                                                                                                                                                                                                                                                                                                                      |
| Early      retirements         | For      active members:Members      will be assumed to retire in accordance with the assumptions shown      below.For      deferred members:All      members are assumed to retire at their Normal Retirement    Date.                                                                                                                                                                                                                                                                                                                               |
| Withdrawals                    | Allowance      made for withdrawals from service (see sample rates  below).                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| Family      Details            | A      man is assumed to be three years older than his wife.90%      of non-pensioners are assumed to be married at retirement or earlier      death.90%      of pensioners are assumed to be married at the valuationdate.These      assumptions include allowance for pensions payable to other dependants      including civil partners.                                                                                                                                                                                                           |
| Commutation                    | No      allowance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |

|    |
|--------------|

----

|   Sample      rates |   The      tables below illustrate the allowances made for withdrawals, deaths before      retirement and retirements from service at various  ages. |
|--------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|      | Percentage      leaving the Plan in the next year as a result of |
|-----------|------------------------------------------------------------------|
|  Men | Current      age                                                 | Death      before retirement | Withdrawal      from service | Retirement |
|      | 25                                                               | 0.06 | 12.5 | 0 |
|      | 30                                                               | 0.06 | 10.0 | 0 |
|      | 35                                                               | 0.06 | 7.5 | 0 |
|      | 40                                                               | 0.08 | 5.0 | 0 |
|      | 45                                                               | 0.12 | 2.5 | 0 |
|      | 50                                                               | 0.20 | 0 | 0 |
|      | 55                                                               | 0.35 | 0 | 0 |
|      | 60                                                               | 0.64 | 0 | 20 |
|      | 61                                                               | 0.71 | 0 | 10 |
|      | 62                                                               | 0.80 | 0 | 10 |
|      | 63                                                               | 0.90 | 0 | 10 |
|      | 64                                                               | 1.01 | 0 | 10 |
|      | 65                                                               | 1.13 | 0 | 100 |

|   Women |  Percentage      leaving the Plan in the next year as a result of |
|-------------------|------------------------------------------------------------------------|
|              | Current      age                                                       | Death      before retirement | Withdrawal      from service | Retirement |
|              | 25                                                                     | 0.02 | 18.75 | 0 |
|              | 30                                                                     | 0.03 | 15.00 | 0 |
|              | 35                                                                     | 0.04 | 11.25 | 0 |
|              | 40                                                                     | 0.06 | 7.50 | 0 |
|              | 45                                                                     | 0.10 | 3.75 | 0 |
|              | 50                                                                     | 0.16 | 0 | 0 |
|              | 55                                                                     | 0.25 | 0 | 0 |
|              | 60                                                                     | 0.41 | 0 | 50 |
|              | 61                                                                     | 0.46 | 0 | 10 |
|              | 62                                                                     | 0.51 | 0 | 10 |
|              | 63                                                                     | 0.56 | 0 | 10 |
|              | 64                                                                     | 0.62 | 0 | 10 |
|              | 65                                                                     | 0.68 | 0 | 100 |
|              |                                                                   |

----

|   | Current      age | Life      expectancy of current male pensioners | Life      expectancy of current female pensioners |
|--------|------------------|-------------------------------------------------|---------------------------------------------------|
|   | 60               | 25.0                                            | 27.8                                              |
|   | 65               | 20.5                                            | 23.2                                              |
|   | 70               | 16.3                                            | 18.9                                              |
|   | 75               | 12.4                                            | 14.9                                              |
|   | 80               | 9.0                                             | 11.2                                              |
|   | 85               | 6.2                                             | 8.0                                               |
|   | 90               | 4.1                                             | 5.6                                               |
|   | 95               | 2.9                                             | 3.9                                               |
|   | 100              | 2.1                                             | 2.9                                               |

| Life      expectancy of future pensioners |   |
|-------------------------------------------|--------|

|   | Current      age | Life      expectancy of future male pensioners | Life      expectancy of future female pensioners |
|--------|------------------|------------------------------------------------|--------------------------------------------------|
|   | 60               | 25.8                                           | 28.5                                             |
|   | 65               | 21.2                                           | 23.9                                             |
|   | 70               | 16.8                                           | 19.5                                             |
|   | 75               | 12.9                                           | 15.3                                             |
|   | 80               | 9.4                                            | 11.5                                             |
|   | 85               | 6.4                                            | 8.3                                              |
|   | 90               | 4.3                                            | 5.8                                              |
|   | 95               | 3.0                                            | 4.0                                              |
|   | 100              | 2.2                                            | 3.0                                              |

----

| Policy      on reduction of cash equivalent transfer values | The      Trustee will ask the actuary to advise them at each valuation of the      extent to which assets are sufficient to provide cash equivalent transfer      values (CETVs) for all non pensioners without adversely affecting the      security of the benefits of other members and beneficiaries. Where      coverage is less than 100%, the Trustee will take advice from the Scheme      Actuary regarding whether to reduce CETVs and, if appropriate, the extent      of such reduction. If      at any other time, after obtaining advice from the actuary, the Trustee is      of the opinion that the payment of CETVs at a previously agreed level may      adversely affect the security of the benefits of other members and      beneficiaries, the Trustee will commission a report from the actuary      regarding the extent to which CETVs should be  reduced. |
|-------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Payments      to the employer | Payments      from the Plan to the employer are only permitted if the Trustee determines      that there is a surplus following the wind-up of the Plan, under Rule      12.5(b) of the Trust Deed andRules. |
|-------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

| Contributions      to the Plan | There      are no arrangements currently in place for persons other than the employer      or members of the Plan to contribute to the  Plan. |
|--------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|

|   |
|--------|

----

| ·   | 12.3%      of Eligible Earnings in respect of Sixtieth Accrual  Members |
|--------------------|-------------------------------------------------------------------------|

| ·   | 9%      of Eligible Earnings in respect of Eightieth Accrual    Members |
|--------------------|-------------------------------------------------------------------------|

| ·   | 22%      of Eligible Earnings in respect of Executive  Members |
|--------------------|----------------------------------------------------------------|

----

| ·   | Sixtieth      Accrual Members:10% of Eligible Earnings (or 1.5% of gross pay, if      greater, for Previous Scheme Commencement Date  Joiners) |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Executive      Members:12% of Eligible Earnings (or 1.5% of gross pay, if greater, for      Previous Scheme Commencement DateJoiners) |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Eightieth      Accrual Members:8% of EligibleEarnings |
|--------------------|-------------------------------------------------------|

----

| 1. | I      certify that, in my opinion, the rates of contributions shown in this      schedule of contributions are such that the statutory funding objective      could have been expected on 5 April 2006 to be met by the end of the      period specified in the recovery plan dated July  2008. |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | I      hereby certify that, in my opinion, this schedule of contributions is      consistent with the Statement of Funding Principles dated July      2008. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Signature:                   /s/ A.      Higginbottom                                      | Date:                                                15/07/08 |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Name:                     Alison      Higginbottom | Qualification:                             FIA                                                                                 |
| Address:                Prospect      HouseAbbey ViewSt AlbansHertsAL1 2QU  | Name      of      employer:                    Hewitt      Associates Ltd                                                                                                   |