----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |  **CONFORMED                COPY** |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                                    |
| £680,000,000                Multicurrency Revolving Facility Agreement **Reuters                Group PLC** arranged                by **Citigroup                Global Markets Limited** **Commerzbank                AG London Branch** **Deutsche                Bank AG, London Branch** **Dresdner                Bank AG Niederlassung Luxembourg** **HSBC                Bank plc** **J.P.                Morgan plc** **Lloyds                TSB Bank PLC** **Morgan                Stanley Bank International Limited** **Société                Générale** **Standard                Chartered Bank** **The                Royal Bank of Scotland plc** **UBS                Limited** with **HSBC                Bank plc** acting                as                Agent |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
| 26                October                2006                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

----

| **CLAUSE** |                                                                                                       | **PAGE** |
|------------|------------------------------------------------------------------------------------------------------------|----------|
|       |                                                                                                       |     |
| 1.         | DEFINITIONS                    AND INTERPRETATION                                                          | 1        |
| 2.         | THE                    FACILITY                                                                            | 12       |
| 3.         | PURPOSE                                                                                                    | 14       |
| 4.         | CONDITIONS                    OF                    UTILISATION                                            | 14       |
| 5.         | UTILISATION                                                                                                | 15       |
| 6.         | ANCILLARY                    FACILITIES                                                                    | 16       |
| 7.         | OPTIONAL                    CURRENCIES                                                                     | 20       |
| 8.         | REPAYMENT                                                                                                  | 21       |
| 9.         | PREPAYMENT                    AND CANCELLATION                                                             | 21       |
| 10.        | INTEREST                                                                                                   | 24       |
| 11.        | INTEREST                    PERIODS                                                                        | 25       |
| 12.        | CHANGES                    TO                    THE CALCULATION OF INTEREST                               | 26       |
| 13.        | FEES                                                                                                       | 27       |
| 14.        | TAX                    GROSS-UP                    AND INDEMNITIES                                         | 28       |
| 15.        | INCREASED                    COSTS                                                                         | 32       |
| 16.        | OTHER                    INDEMNITIES                                                                       | 33       |
| 17.        | MITIGATION                    BY                    THE LENDERS                                            | 34       |
| 18.        | COSTS                    AND                    EXPENSES                                                   | 34       |
| 19.        | GUARANTEE                    AND                    INDEMNITY                                              | 34       |
| 20.        | REPRESENTATIONS                                                                                            | 37       |
| 21.        | INFORMATION                    UNDERTAKINGS                                                                | 38       |
| 22.        | GENERAL                    UNDERTAKINGS                                                                    | 41       |
| 23.        | EVENTS                    OF                    DEFAULT                                                    | 43       |
| 24.        | CHANGES                    TO                    THE LENDERS                                               | 46       |
| 25.        | CHANGES                    TO                    THE OBLIGORS                                              | 49       |
| 26.        | ROLE                    OF THE                    AGENT AND THE ARRANGERS                                  | 51       |
| 27.        | CONDUCT                    OF                    BUSINESS BY THE FINANCE PARTIES                           | 55       |
| 28.        | SHARING                    AMONG                    THE FINANCE PARTIES                                    | 56       |
| 29.        | PAYMENT                    MECHANICS                                                                       | 57       |
| 30.        | SET-OFF                                                                                                    | 60       |
| 31.        | NOTICES,                    EMAIL OR ANY ELECTRONIC COMMUNICATION APPROVED BY THE                    AGENT | 60       |
| 32.        | CALCULATIONS                    AND CERTIFICATES                                                           | 62       |
| 33.        | PARTIAL                    INVALIDITY                                                                      | 62       |
| 34.        | REMEDIES                    AND                    WAIVERS                                                 | 63       |
| 35.        | AMENDMENTS                    AND WAIVERS                                                                  | 63       |
| 36.        | COUNTERPARTS                                                                                               | 63       |
| 37.        | GOVERNING                    LAW                                                                           | 63       |
| 38.        | ENFORCEMENT                                                                                                | 64       |

| SCHEDULE                  1                                | 65 |
|------------------------------------------------------------|----|
| The                Original                Lenders         | 65 |
| SCHEDULE                2                                  | 66 |
| Conditions                Precedent                        | 66 |
| SCHEDULE                3                                  | 68 |
| Utilisation                Request                         | 68 |
| SCHEDULE                4                                  | 69 |
| Mandatory                Cost Formula                      | 69 |
| SCHEDULE                5                                  | 72 |
| Form                of                Transfer Certificate | 72 |
| SCHEDULE                6                                  | 75 |
| Form                of                Accession Letter     | 75 |
| SCHEDULE                7                                  | 76 |
| Form                of                Resignation Letter   | 76 |
| SCHEDULE                8                                  | 77 |

----

| Existing                Security                                      | 77 |
|-----------------------------------------------------------------------|----|
| SCHEDULE                9                                             | 78 |
| LMA                Form of                Confidentiality Undertaking | 78 |
| SCHEDULE                10                                            | 83 |
| Timetables                                                            | 83 |
| SCHEDULE                  11                                          | 84 |
| Material                Subsidiaries                                  | 84 |

----

| (1) | **REUTERS                GROUP PLC**                (the                **“Company”**); |
|-----|-----------------------------------------------------------------------------------------------------|

| (2) | **CITIGROUP                GLOBAL MARKETS LIMITED, COMMERZBANK AG LONDON BRANCH, DEUTSCHE BANK                AG,                LONDON BRANCH, DRESDNER BANK AG NIEDERLASSUNG LUXEMBOURG, HSBC BANK                plc,** **J.P.                MORGAN plc, LLOYDS TSB BANK PLC, MORGAN STANLEY BANK INTERNATIONAL                LIMITED, SOCIETE GENERALE, STANDARD CHARTERED BANK, THE ROYAL BANK                OF                SCOTLAND plc**                and                **UBS                LIMITED**(each                as                mandated arranger) (together the **“Arrangers”**);** ** |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3) | **THE                FINANCIAL INSTITUTIONS**                listed in                schedule 1 as lenders (the **“Original                Lenders”**);                and |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (4) | **HSBC                BANK plc**                as agent of                the other Finance Parties (the **“Agent”**). |
|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| 1. | **DEFINITIONS                AND INTERPRETATION** |
|----|---------------------------------------------------|

| 1.1 | **Definitions** |
|-----|-----------------|

1

----

|   | (a) | the                face                amount of each guarantee, bond and letter of credit under that Ancillary                Facility; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                amount                fairly representing the aggregate exposure (excluding interest and                similar                charges) of that Ancillary Lender under each other type of accommodation                provided under that Ancillary                Facility, |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the                Ancillary                Commitment of any Ancillary Facilities that Lender has provided and                are                currently outstanding; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                Base                Currency Amount of its participation in any outstanding Loans;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------|

|   | (c) | in                relation                to any proposed Loan, the Base Currency Amount of its participation                in any                Loans that are due to be made on or before the proposed Utilisation                Date, |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

2

----

|   | (a) | in                relation                to a Loan, the amount specified in the Utilisation Request delivered                by a                Borrower for that Loan (or, if the amount requested is not denominated                in                the Base Currency, that amount converted into the Base Currency at                the                Agent’s Spot Rate of Exchange on the date which is three Business Days                before the Utilisation Date or, if later, on the date the Agent receives                the Utilisation Request in accordance with the terms of this agreement);                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in                relation                to an Ancillary Commitment, the amount specified as such in the notice                delivered to the Agent by the Company pursuant to clause 6.2                (Availability) (or, if the amount specified is not denominated in                the Base                Currency, that amount converted into the Base Currency at the Agent’s Spot                Rate of Exchange on the date which is three Business Days before                the                Ancillary Commencement Date for that Ancillary Facility or, if later,                the                date the Agent receives the notice of the Ancillary Commitment in                accordance with the terms of this                agreement), |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the                interest                which a Lender should have received for the period from the date                of                receipt of all or any part of its participation in a Loan or Unpaid                Sum to                the last day of the current Interest Period in respect of that Loan                or                Unpaid Sum, had the principal amount or Unpaid Sum received been                paid on                the last day of that Interest                Period; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                amount                which that Lender would be able to obtain by placing an amount equal                to                the principal amount or Unpaid Sum received by it on deposit with                a                leading bank in the Relevant Interbank Market for a period starting                on the                Business Day following receipt or recovery and ending on the last                day of                the current Interest Period; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | (in                relation                to any date for payment or purchase of a currency other than euro)                the                principal financial centre of the country of that currency;                or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | (in                relation                to any date for payment or purchase of euro) any TARGET                Day; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (a) | in                relation                to an Original Lender, the amount in the Base Currency set opposite                its                name under the heading **“Commitment”**                in schedule                1 (The Original Lenders) and the amount of any other Commitment                transferred to it under this agreement;                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in                relation                to any other Lender, the amount in the Base Currency of any Commitment                transferred to it under this                agreement, |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

3

----

|   | (a) | a                material                disruption to those payment or communications systems or to those                financial markets which are, in each case, required to operate in                order                for payments to be made in connection with the Facility (or otherwise                in                order for the transactions contemplated by the Finance Documents                to be                carried out) which disruption is not caused by, and is beyond the                control                of, any of the Parties; or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                occurrence of any other event which results in a disruption (of a                technical or systems-related nature) to the treasury or payments                operations of a Party preventing that, or any other                Party: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | from                performing its payment obligations under the Finance Documents;                or |
|--------|-----|-------------------------------------------------------------------------------------------------------|

|   | (ii) | from                communicating with other Parties in accordance with the terms of                the                Finance Documents, |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the                applicable Screen Rate; or |
|--------|-----|-----------------------------------------------|

|   | (b) | (if                no Screen                Rate is available for the Interest Period of that Loan) the arithmetic                mean of the rates (rounded upwards to four decimal places) as supplied                to                the Agent at its request quoted by the Reference Banks to leading                banks in                the European interbank market, |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

4

----

|   | (a) | moneys                borrowed; |
|--------|-----|---------------------------------|

|   | (b) | any                amount                raised by acceptance under any acceptance credit facility or                dematerialised equivalent; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | any                amount                raised pursuant to any note purchase facility or the issue of bonds,                notes, debentures, loan stock or any similar                instrument; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | the                amount of                any liability in respect of any lease or hire purchase contract which                would, in accordance with GAAP, be treated as a finance or capital                lease; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | receivables                sold or discounted (other than any receivables to the extent they                are sold                on a non-recourse basis); |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | any                amount                raised under any other transaction (including any forward sale or                purchase                agreement) having the commercial effect of a                borrowing; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | for                the                purposes of clause 23.4 (Cross Default) only, any derivative transaction                entered into in connection with protection against or benefit from                fluctuation in any rate or price (and, when calculating the value                of any                derivative transaction, only the marked to market value shall be                taken                into account); |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | any                counter-indemnity obligation in respect of a guarantee, indemnity,                bond,                standby or documentary letter of credit or any other instrument issued                by                a bank or financial institution;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                amount of                any liability in respect of any guarantee or indemnity for any of                the                items referred to in clauses (a) to (h)                above, |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | Indebtedness                owing by one member of the Restricted Group to another member of                the                Restricted Group shall not be taken into account as Financial                Indebtedness; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

5

----

|   | (ii) | a                letter of                credit or other indemnity given by a member of the Restricted Group                shall                only constitute Financial Indebtedness if the underlying obligation                itself                falls within any of paragraphs (a) to (h) (both inclusive)                above. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | any                Original                Lender; and |
|--------|-----|--------------------------------------------------------|

|   | (b) | any                bank or                financial institution which has become a Party in accordance with                clause                24 (Changes to the Lenders), |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the                applicable Screen Rate; or |
|--------|-----|-----------------------------------------------|

|   | (b) | (if                no Screen                Rate is available for the currency or Interest Period of that Loan)                the                arithmetic mean of the rates (rounded upwards to four decimal places)                as                supplied to the Agent at its request quoted by the Reference Banks                to                leading banks in the London interbank                market, |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

6

----

|   | (a) | until                the                Total Commitments have been reduced to zero, a Lender or Lenders                whose                Commitments aggregate more than 662⁄3                per cent. of                the Total Commitments (or, if the Total Commitments have been reduced                to                zero and there are no Loans or Ancillary Facilities then outstanding,                aggregated more than 662⁄3                per cent. of                the Total Commitments immediately prior to the reduction);                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | at                any other                time, a Lender or Lenders whose participations in the Loans and Ancillary                Facilities then outstanding aggregate more than 662⁄3                per cent. of                all the Loans and Ancillary Facilities then                outstanding; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | in                the case                of a member of the Group which itself has Subsidiaries, the calculation                shall be made by comparing the consolidated gross assets or pre-taxation                profits of it and its Subsidiaries to those of the                Group; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | assets                which                arise from transactions between members of the Group and which would                be                eliminated in the consolidated financial statements of the Group                shall be                excluded; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | if                a                Subsidiary which is not a Material Subsidiary on the basis of the                most                recent such accounts receives a transfer of assets or the right to                receive                any trading profits which taken together with the existing assets                or                trading profits of that Subsidiary, as the case may be, would satisfy                any                of the tests above, then that Subsidiary shall also be a Material                Subsidiary on and from the date it receives such transfer. If a Material                Subsidiary disposes of any assets or the right to receive any trading                profits such that it would on the basis of the most recent such accounts                cease to be a Material Subsidiary, then it shall be excluded as a                Material                Subsidiary on and from the date the Company next notifies the Agent                of the                identity of the Material Subsidiaries under clause 21.1(d) (Financial                Information); |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | (subject                to                clause (c) below) if the numerically corresponding day is not a Business                Day, that period shall end on the next Business Day in that calendar                month                in which that period is to end if there is one, or if there is not,                on the                immediately preceding Business Day; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

7

----

|   | (b) | if                there is                no numerically corresponding day in the calendar month in which that                period is to end, that period shall end on the last Business Day                in that                calendar month; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | if                an                Interest Period begins on the last Business Day of a calendar month,                that                Interest Period shall end on the last Business Day in the calendar                month                in which that Interest Period is to                end. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | (if                the                currency is Sterling) the first day of that                period; |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | (b) | (if                the                currency is euro) two TARGET Days before the first day of that period;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | (for                any                other currency) two Business Days before the first day of that                period, |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | for                the                purposes of clauses 4.2(b) (Further Conditions Precedent) and 20.11(a)                (Repetition), each of the representations set out in clauses 20.1                to 20.5                (inclusive), 20.7(a), 20.7(d), 20.7(e), 20.8 and 20.10;                and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

8

----

|   | (b) | for                the                purposes of clauses 20.11(b) (Repetition) and 25.6 (Repetition of                Representations), each of the representations set out in clauses                20.1 to                20.5 (inclusive), 20.8 and 20.10; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | each                member                of the FXMarketSpace Group; |
|--------|-----|-----------------------------------------------------------------------|

|   | (b) | each                member                of the Factiva Group; and |
|--------|-----|---------------------------------------------------------------------|

|   | (c) | each                member                of the Group that: |
|--------|-----|--------------------------------------------------------------|

|   | (i) | is                not fully                consolidated for the purposes of the consolidated financial statements                of                the Company and its Subsidiaries from time to time;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | is                not                controlled by the Company (for this purpose **“controlled”**means                the                power to direct the management and the policies, whether through                the                ownership of voting share capital by contract or                otherwise); |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | made                or to be                made on the same day that a maturing Loan or Ancillary Facility is                due to                be repaid; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                aggregate                amount of which is equal to or less than the maturing Loan or the                relevant                claim in respect of that Ancillary                Facility; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | in                the same                currency as the maturing Loan (unless it arose as a result of the                operation of clause 7.2 (Unavailability of a Currency)) or the relevant                claim in respect of that Ancillary Facility;                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | made                or to be                made to the same Borrower for the purpose                of: |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | (i) | refinancing                a                maturing Loan; or |
|--------|-----|---------------------------------------------------------------|

|   | (ii) | satisfying                the relevant claim in respect of that Ancillary                Facility; |
|--------|------|----------------------------------------------------------------------------------------------------|

|   | (a) | in                relation                to LIBOR, the British Bankers Association Interest Settlement Rate                for the                relevant currency and period; and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in                relation                to EURIBOR, the percentage rate per annum determined by the Banking                Federation of the European Union for the relevant                period, |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

9

----

|   | (a) | a                subsidiary                within the meaning of Section 736 of the Companies Act 1985;                and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------|

|   | (b) | unless                the                context otherwise requires, a subsidiary undertaking within the meaning                of                Section 258 of the Companies Act                1985; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | the                proposed                Transfer Date specified in the Transfer Certificate;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                date on                which the Agent executes the Transfer                Certificate; |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

10

----

| 1.2 | **Construction** |
|-----|------------------|

|   | (a) | Unless                a                contrary indication appears, any reference in this agreement                to: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                **“Agent”**,                an                **“Arranger”**,                any                **“Finance                Party”**,                any                **“Lender”**,                any                **“Ancillary                Lender”**,                any                **“Obligor”**                or any                **“Party”**                shall be                construed so as to include its successors in title, permitted assigns                and                permitted transferees; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | **“assets”**                includes                present and future properties, revenues and rights of every                description; |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a                **“Finance                Document”**                or any other                agreement or instrument is a reference to that Finance Document or                other                agreement or instrument as amended or novated, supplemented, extended                or                restated; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | **“indebtedness”**                includes any                obligation (whether incurred as principal or as surety) for the payment                or                repayment of money, whether present or future, actual or                contingent; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (v) | a                **“person”**                includes any                person, firm, company, corporation, government, state or agency of                a state                or any association, trust or partnership (whether or not having separate                legal personality) or two or more of the                foregoing; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vi) | a                **“regulation”**                includes any                regulation, rule, official directive, request or guideline (whether                or not                having the force of law) of any governmental, intergovernmental or                supranational body, agency, department or regulatory, self-regulatory                or                other authority or organisation; |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vii) | a                provision                of law is a reference to that provision as amended or re-enacted; |
|--------|-------|-------------------------------------------------------------------------------------------------------------|

|   | (viii) | a                time of day                is a reference to London time; and |
|--------|--------|--------------------------------------------------------------------------------|

|   | (ix) | the                currency                of a country is to the lawful currency of that country for the time                being,                **“£”**and                **“Sterling”**is                a                reference to the lawful currency of the United Kingdom for the time                being,                **“euro”**                and                **“€”**                refer to the                currency introduced at the start of the third stage of the European                Economic and Monetary Union pursuant to Article 109g of the Treaty                establishing the European Community and **“U.S.$”**                and                **“U.S.                Dollars”**is                a                reference to the lawful currency of the United States of America                for the                time being. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Section,                clause and schedule headings are for ease of reference                only. |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | (c) | Unless                a                contrary indication appears, a term used in any other Finance Document                or                in any notice given under or in connection with any Finance Document                has                the same meaning in that Finance Document or notice as in this                agreement. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | A                Default is                **“continuing”**                if it has                not been remedied or waived. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | A                Borrower                providing **“cash                cover”**for                an                Ancillary Facility means a Borrower paying an amount in the currency                of                the Ancillary Facility to an interest-bearing account in the name                of the                Borrower and the following conditions being                met: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

11

----

|   | (i) | the                account                is with the Agent (if the cash cover is to be provided for all the                Lenders) or Ancillary Lender (if the cash cover is to be provided                for that                Ancillary Lender); and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | until                no                amount is or may be outstanding under that Ancillary Facility, withdrawals                from the account may only be made to pay a Finance Party amounts                due and                payable to it under this agreement in respect of that Ancillary                Facility. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | A                Borrower                **“repaying”**                or                **“prepaying”**                Ancillary                Outstandings means: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | that                Borrower                providing cash cover for the Ancillary                Outstandings; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                maximum                amount payable under the Ancillary Facility being reduced or cancelled                in                accordance with its terms; or |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                Ancillary                Lender being satisfied that it has no further liability under that                Ancillary Facility, |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | An                amount                borrowed includes any amount utilised under an Ancillary                Facility. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------|

|   | (h) | A                Lender                funding its participation in a Loan includes a Lender participating                in an                Ancillary Facility. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | An                outstanding amount of an Ancillary Facility at any time is the maximum                amount that is or may be payable by the relevant Borrower in respect                of                that Ancillary Facility at that                time. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.3 | **Third                Party Rights** |
|-----|---------------------------------------|

|   | (a) | Unless                expressly provided to the contrary in a Finance Document, a person                who is                not a Party has no right under the Contracts (Rights of Third Parties)                Act                1999 (the **“Third                Parties Act”**)                to enforce                or to enjoy the benefit of any term of this                agreement. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Notwithstanding                any term of any Finance Document, the consent of any person who is                not a                Party is not required to rescind or vary this agreement at any                time. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | **THE                **FACILITY**** |
|----|-------------------------------------|

| 2.1 | **The                Facility** |
|-----|---------------------------------|

|   | (a) | Subject                to                the terms of this agreement, the Lenders make available to the Borrowers                a                multicurrency revolving credit facility in an aggregate principal                amount                the Base Currency Amount of which is equal to the Total                Commitments. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Subject                to                the terms of this agreement and the Ancillary Documents, an Ancillary                Lender may make available an Ancillary Facility to any of the Borrowers                in                place of all or part of its Commitment under the                Facility. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

12

----

| 2.2 | **Finance                Parties’ Rights and                Obligations** |
|-----|---------------------------------------------------------------------------------|

|   | (a) | The                obligations of each Finance Party under the Finance Documents are                several.                Failure by a Finance Party to perform its obligations under the Finance                Documents does not affect the obligations of any other Party under                the                Finance Documents. No Finance Party is responsible for the obligations                of                any other Finance Party under the Finance                Documents. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                rights of                each Finance Party under or in connection with the Finance Documents                are                separate and independent rights and any debt arising under the Finance                Documents to a Finance Party from an Obligor shall be a separate                and                independent debt. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | A                Finance                Party may, except as otherwise stated in the Finance Documents, separately                enforce its rights under the Finance                Documents. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.3 | **Obligors’                Agent** |
|-----|------------------------------------------|

| 2.4 | **Actions                of Company** |
|-----|---------------------------------------|

|   | (a) | any                irregularity (or purported irregularity) in any act done by or any                failure                (or purported failure) by the Company;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                Company                acting (or purporting to act) in any respect outside any authority                conferred upon it by any Obligor;                or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the                failure                (or purported failure) by, or inability (or purported inability)                of, the                Company to inform any Obligor of receipt by it of any notification                under a                Finance Document. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.5 | **Extension                of Termination Date** |
|-----|--------------------------------------------------|

|   | (a) | Subject                to                paragraph (d) below, the Company may, prior to each of the first                and                second anniversary of the Signing Date, provide the Agent with no                less                than 30 days and no more than 60 days notice with a request (an                **“Extension                Request”**)                to extend                the Termination Date to the date falling five years after that Extension                Request Date. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Upon                receipt                of an Extension Request, the Agent shall immediately notify the                Lenders. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Each                Lender                shall notify the Agent no later than 15 days prior to the relevant                Extension Request Date whether or not it agrees to the Termination                Date                being extended as requested. If no notice is received by the Agent                from a                Lender by the date falling 15 days prior to the relevant Extension                Request                Date, the Termination Date applicable to such Lender shall not be                extended. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

13

----

|   | (d) | No                Lender is                under any obligation to extend the Availability Period applicable                to its                Commitment. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | As                soon as                practicable after it establishes which of the relevant Lenders (if                any)                agree to the Termination Date being so extended, the Agent shall,                by                notice to the Company and each Lender, confirm those Lenders which                have                agreed to extend the Termination Date and those Lenders which have                not                (each a **“Dissenting                Lender”**). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Should                there                be one or more Dissenting Lenders, the Company may, at any time until                the                date falling 60 days after the relevant Extension Request Date,                either: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | cancel                such                Dissenting Lender’s Commitment in full and simultaneously prepay that                Dissenting Lender’s participation in any outstanding Loans and Ancillary                Facilities; or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | require                that                Dissenting Lender to transfer its Commitment and its participation                in any                outstanding Loans and Ancillary Facilities (at par) to a New Lender                in                accordance with the procedure in clause 24 (Changes to the Lenders)                and                the Termination Date applicable to that Lender will be the date requested                by the Company in the notice given by it under paragraph (a) above                (which                shall be no later than 60 days after the relevant Extension Request                Date). |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | If                any                Utilisation Request for a Loan specifies an Interest Period ending                after                the Termination Date applicable to a Lender, that Lender’s Available                Commitment shall be excluded from the calculations of the participation                pursuant to clause 5.4 (Lenders’ Participation) in relation to that                Utilisation Request and that Lender shall not participate in that                Loan. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | **PURPOSE** |
|----|-------------|

| 3.1 | **Purpose** |
|-----|-------------|

|   | (a) | Each                Loan                under the Facility will be applied: |
|--------|-----|-----------------------------------------------------------------------------|

|   | (i) | to                refinance                the Existing Facility Agreement; or |
|--------|-----|--------------------------------------------------------------------------------|

|   | (ii) | in                or toward                the working capital and/or the general corporate purposes of the                Group. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                Ancillary Facility will be applied in respect of general corporate                purposes of the Group. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | **Monitoring** |
|-----|----------------|

| 4. | **CONDITIONS                OF UTILISATION** |
|----|----------------------------------------------|

| 4.1 | **Initial                Conditions Precedent** |
|-----|-------------------------------------------------|

14

----

| 4.2 | **Further                Conditions Precedent** |
|-----|-------------------------------------------------|

|   | (a) | no                Default or                Mandatory Prepayment Event is continuing or would result from the                proposed                Loan; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                Repeating                Representations to be made by each Obligor are true in all material                respects. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | **Conditions                Relating to Optional                Currencies** |
|-----|------------------------------------------------------------------------------|

|   | (a) | A                currency                will constitute an Optional Currency in relation to a Loan                if: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (i) | it                is readily                available in the amount required and freely convertible into the                Base                Currency in the Relevant Interbank Market on the Quotation Day and                the                Utilisation Date for that Loan; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | it                is U.S.                Dollars, euro or has been approved by the Agent (acting on the                instructions of all the Lenders) on or prior to receipt by the Agent                of                the relevant Utilisation Request for that                Loan. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                the Agent                has received a written request from the Company for a currency to                be                approved under clause 4.3(a)(ii), the Agent will confirm to the Company                by                the Specified Time: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | whether                or                not the Lenders have granted their approval;                and |
|--------|-----|----------------------------------------------------------------------------------------------------------|

|   | (ii) | if                approval                has been granted, the minimum amount (and, if required, integral                multiple)                for any subsequent Loan in that                currency. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.4 | **Number                of Utilisation Requests** |
|-----|---------------------------------------------------|

| 5. | **UTILISATION** |
|----|-----------------|

| 5.1 | **Delivery                of a Utilisation Request** |
|-----|------------------------------------------------------|

| 5.2 | **Completion                of a Utilisation Request** |
|-----|--------------------------------------------------------|

|   | (a) | the                proposed                Utilisation Date is a Business Day within the Availability                Period; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                currency                and amount of the Loan comply with clause 5.3 (Currency and Amount);                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the                proposed                Interest Period complies with clause 11 (Interest                Periods). |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------|

15

----

| 5.3 | **Currency                and Amount** |
|-----|----------------------------------------|

|   | (a) | The                currency                specified in a Utilisation Request must be the Base Currency or an                Optional Currency. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                amount of                the proposed Loan must be a minimum Base Currency Amount of £10,000,000                or, if less, the Available                Facility. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.4 | **Lenders’                Participation** |
|-----|-------------------------------------------------|

|   | (a) | If                the                conditions set out in this agreement have been met, each Lender shall                make                its participation in each Loan available by the Utilisation Date                through                its Facility Office. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                amount of                each Lender’s participation in each Loan will be equal to the proportion                borne by its Available Commitment to the Available Facility immediately                prior to making the Loan. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent                shall determine the Base Currency Amount of each Loan which is to                be made                in an Optional Currency and shall notify each Lender of the amount,                currency and the Base Currency Amount of each Loan and the amount                of its                participation in that Loan, in each case by the Specified                Time. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | **ANCILLARY                FACILITIES** |
|----|-----------------------------------------|

| 6.1 | **Type                of Facility** |
|-----|-------------------------------------|

|   | (a) | a                guarantee,                documentary or stand-by letter of credit facility;                or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------|

|   | (b) | any                other                facility or accommodation required in connection with the business                of the                Group and which is agreed by the Company with an Ancillary                Lender. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.2 | **Availability** |
|-----|------------------|

|   | (a) | If                the                Company and a Lender agree and except as otherwise provided in this                agreement, the Lender may provide an Ancillary Facility on a bilateral                basis in place of all or part of that Lender’s unutilised Commitment                (which shall (except for the purpose of determining the Majority                Lenders)                be reduced by the amount of the Ancillary Commitment under that Ancillary                Facility). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | An                Ancillary                Facility (other than the Existing Ancillary Facility) shall not be                made                available unless, not later than 20 Business Days prior to the Ancillary                Commencement Date for an Ancillary Facility, the Agent has received                from                the Company: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | a                notice in                writing requesting the establishment of an Ancillary Facility and                specifying: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | the                proposed                Borrower(s) (or Affiliate of a Borrower) which may use the Ancillary                Facility; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | the                proposed                Ancillary Commencement Date and expiry date of the Ancillary                Facility; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------|

|   | (C) | the                proposed                type of Ancillary Facility to be                provided; |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (D) | the                proposed                Ancillary Lender; |
|--------|-----|--------------------------------------------------------------|

16

----

|   | (E) | the                proposed                Ancillary Commitment, the maximum amount of the Ancillary Facility                (if not                denominated in the Base Currency);                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (F) | the                proposed                currency of the Ancillary Facility (if not denominated in the Base                Currency); |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | a                copy of the                proposed Ancillary Document; and |
|--------|------|------------------------------------------------------------------------------|

|   | (iii) | any                other                information which the Agent may reasonably request in connection                with the                Ancillary Facility. |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent                shall promptly notify the Company, the Ancillary Lender and the other                Lenders of the establishment of an Ancillary Facility (other than                the                Existing Ancillary Facility). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | No                amendment                or waiver of a term of any Ancillary Facility shall require the consent                of                any Finance Party other than the relevant Ancillary Lender unless                such                amendment or waiver itself relates to or gives rise to a matter which                would require an amendment of or under this agreement (including,                for the                avoidance of doubt, under this clause). In such a case, the provisions                of                this agreement with regard to amendments and waivers will                apply. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Subject                to                compliance with paragraph (b)                above: |
|--------|-----|----------------------------------------------------------------------------------------------|

|   | (i) | the                Lender                concerned will become an Ancillary Lender;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------|

|   | (ii) | the                Ancillary                Facility will be available, |
|--------|------|-------------------------------------------------------------------------|

|   | (f) | JPMorgan                Chase Bank, N.A. is an Ancillary Lender in respect of the Existing                Ancillary Facility on the date of this Agreement with an Ancillary                Commitment of £56,666,666.67. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.3 | **Terms                of Ancillary Facilities** |
|-----|--------------------------------------------------|

|   | (a) | Except                as                provided below, the terms of any Ancillary Facility will be those                agreed                by the Ancillary Lender and the                Company. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | However,                those terms (except in relation to the Existing Ancillary                Facility): |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | (i) | must                be based                upon normal commercial terms at that time (except as varied by this                agreement); |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | may                allow                only Borrowers (or Affiliates of Borrowers nominated pursuant to                clause                6.8 (Affiliates of Borrowers)) to use the Ancillary                Facility; |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | may                not allow                the Ancillary Outstandings to exceed the Ancillary                Commitment; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | may                not allow                the Ancillary Commitment of a Lender to exceed the Available Commitment                with respect to the Facility of that                Lender; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (v) | must                not                cause the Aggregate Ancillary Commitments to exceed U.S.$120,000,000                (as                calculated by that Ancillary Lender);                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vi) | must                require                that the Ancillary Commitment is reduced to nil, and that all Ancillary                Outstandings are repaid (or cash cover provided in respect of all                the                Ancillary Outstandings) not later than the Termination Date for the |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

17

----

|   | (c) | If                there is                any inconsistency between any term of an Ancillary Facility (other                than                the Existing Ancillary Facility) and any term of this agreement,                this                agreement shall prevail except for: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | clause                33.3                (Day Count Convention) which shall not prevail for the purposes of                calculating fees, interest or commission relating to an Ancillary                Facility; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | an                Ancillary                Facility comprising more than one account where the terms of the                Ancillary                Documents shall prevail. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Interest,                commission and fees on Ancillary Facilities (other than the Existing                Ancillary Facility) are dealt with in clause 13.5 (Interest, Commission                and Fees on Ancillary Facilities). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.4 | **Repayment                of Ancillary Facility** |
|-----|----------------------------------------------------|

|   | (a) | An                Ancillary                Facility (other than the Existing Ancillary Facility) shall cease                to be                available on the Termination Date applicable to a Lender or such                earlier                date on which its expiry date occurs or on which it is cancelled                in                accordance with the terms of this                agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                an                Ancillary Facility expires in accordance with its terms the Ancillary                Commitment of the Ancillary Lender shall be reduced to zero (and                its                Commitment shall be increased                accordingly). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | If                the                Ancillary Commitment of any Ancillary Lender under an Ancillary Facility                reduces, its Commitment shall be increased                accordingly. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | No                Ancillary                Lender may demand repayment or prepayment of any amounts or demand                cash                cover for any liabilities made available or incurred by it under                its                Ancillary Facility (except in the case of the Existing Ancillary                Facility                or where the Ancillary Facility is provided on a net limit basis                to the                extent required to bring any gross outstandings down to the net limit)                unless: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Total                Commitments have been cancelled in full, or all outstanding Loans                under                the Facility have become due and payable in accordance with the terms                of                this agreement, or the Agent has declared all outstanding Loans under                the                Facility immediately due and payable, or the expiry date of the Ancillary                Facility occurs; or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | it                becomes                unlawful in any applicable jurisdiction for the Ancillary Lender                to                perform any of its obligations as contemplated by this agreement                or to                fund, issue or maintain its participation in its Ancillary Facility;                or |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                Ancillary                Outstandings (if any) under that Ancillary Facility can be refinanced                by a                Loan under the Facility and the Ancillary Lender gives sufficient                notice                to enable a Loan of the Facility to be made to refinance those Ancillary                Outstandings. |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | For                the                purposes of determining whether or not the Ancillary Outstandings                under an                Ancillary Facility mentioned in paragraph (c)(iii) above can be refinanced                by a Loan of the Facility: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Commitment of the Ancillary Lender will be increased by the amount                of its                Ancillary Commitment; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

18

----

|   | (ii) | the                Loan may                (so long as paragraph (c)(i) above does not apply) be made irrespective                of                whether a Default is outstanding or any other applicable condition                precedent is not satisfied (but only to the extent that the proceeds                are                applied in refinancing those Ancillary Outstandings) and irrespective                of                whether clause 4.4 (Number of Utilisation Requests) or clause 5.2(b)                (Completion of a Utilisation Request)                applies. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | On                the making                of a Loan of the Facility to refinance Ancillary                Outstandings: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------|

|   | (i) | each                Lender                will participate in that Loan in an amount (as determined by the                Agent)                which will result as nearly as possible in the aggregate amount of                its                participation in the Loans then outstanding bearing the same proportion                to                the aggregate amount of the Loans then outstanding as its Commitment                bears                to the Total Commitments; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                relevant                Ancillary Facility shall be                cancelled. |
|--------|------|--------------------------------------------------------------------------------------------------|

| 6.5 | **Ancillary                Outstandings** |
|-----|-------------------------------------------|

| 6.6 | **Information** |
|-----|-----------------|

| 6.7 | **Affiliates                of Lenders as Ancillary                Lenders** |
|-----|------------------------------------------------------------------------------|

|   | (a) | Subject                to                the terms of this agreement, an Affiliate of a Lender may become                an                Ancillary Lender. In such case, the Lender and its Affiliate shall                be                treated as a single Lender having a Commitment of the relevant Lender.                For                the purposes of calculating the Lender’s Available Commitment with respect                to the Facility, the Lender’s Commitment shall be reduced to the extent of                the aggregate of the Ancillary Commitments of its                Affiliates. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Company                shall specify any relevant Affiliate of a Lender in any notice delivered                by the Company to the Agent pursuant to clause 6.2(b)(i)                (Availability). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | An                Affiliate                of a Lender which becomes an Ancillary Lender shall accede to this                agreement by delivery to the Agent of a duly completed Transfer                Certificate. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | If                a Lender                assigns all of its rights and benefits or transfers all of its rights                and                obligations to a New Lender (as defined in clause 24.1 (Assignments                and                Transfers by the Lenders)), its Affiliate shall cease to have any                obligations under this agreement or any Ancillary                Document. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Where                this                agreement or any other Finance Document imposes an obligation on                an                Ancillary Lender and the relevant Ancillary Lender is an Affiliate                of a                Lender which is not a party to that document, the relevant Lender                shall                ensure that the obligation is performed by its                Affiliate. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

19

----

| 6.8 | **Affiliates                of Borrowers** |
|-----|--------------------------------------------|

|   | (a) | Subject                to                the terms of this agreement, an Affiliate of a Borrower may with                the                approval of the relevant Lender become a borrower with respect to                an                Ancillary Facility. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Company                shall specify any relevant Affiliate of a Borrower in any notice                delivered                by the Company to the Agent pursuant to clause 6.2(b)(i)                (Availability). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | If                a Borrower                ceases to be a Borrower under this agreement in accordance with clause                25.3 (Resignation of a Borrower), its Affiliate shall cease to have                any                rights under this agreement or any Ancillary                Document. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Where                this                agreement or any other Finance Document imposes an obligation on                a                Borrower under an Ancillary Facility and the relevant Borrower is                an                Affiliate of a Borrower which is not a party to that document, the                relevant Borrower shall ensure that the obligation is performed by                its                Affiliate. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Any                reference                in this agreement or any other Finance Document to a Borrower being                under                no obligations (whether actual or contingent) as a Borrower under                such                Finance Document shall be construed to include a reference to any                Affiliate of a Borrower being under no obligations under any Finance                Document or Ancillary Document. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.9 | **Commitment                Amounts** |
|-----|---------------------------------------|

|   | (a) | its                Ancillary                Commitment; or |
|--------|-----|------------------------------------------------------------|

|   | (b) | the                Ancillary                Commitment of its Affiliate. |
|--------|-----|--------------------------------------------------------------------------|

| 7. | **OPTIONAL                CURRENCIES** |
|----|----------------------------------------|

| 7.1 | **Selection                of Currency** |
|-----|------------------------------------------|

| 7.2 | **Unavailability                of a Currency** |
|-----|-------------------------------------------------|

|   | (a) | a                Lender                notifies the Agent that the Optional Currency (other than U.S. Dollars                or                euro) requested is not readily available to it in the amount required;                or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | a                Lender                notifies the Agent that compliance with its obligation to participate                in a                Loan in the proposed Optional Currency would contravene a law or                regulation applicable to it, |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

20

----

| 7.3 | **Participation                in a Loan** |
|-----|--------------------------------------------|

| 8. | **REPAYMENT** |
|----|---------------|

| 9. | **PREPAYMENT                AND CANCELLATION** |
|----|------------------------------------------------|

| 9.1 | **Illegality** |
|-----|----------------|

|   | (a) | that                Lender                shall promptly notify the Agent upon becoming aware of that                event; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------|

|   | (b) | upon                the                Agent notifying the Company, the Commitment of that Lender will be                immediately cancelled; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | each                Borrower                shall repay that Lender’s participation in the Loans made to that Borrower                on the last day of the Interest Period for each Loan occurring after                the                Agent has notified the Company or, if earlier, the date specified                by the                Lender in the notice delivered to the Agent (being no earlier than                the                last day of any applicable grace period permitted by                law). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.2 | **Change                of Control** |
|-----|--------------------------------------|

|   | (a) | Subject                to                clause 9.2(d), if any person or group of persons acting in concert                gains                control of the Company: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Company                shall promptly notify the Agent upon becoming aware of that                event; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | if                the                Majority Lenders so require, the Agent shall, by not less than 14                days’                notice to the Company, cancel the Total Commitments and declare all                outstanding Loans, together with accrued interest, and all other                amounts                accrued under the Finance Documents immediately due and payable,                whereupon                the Total Commitments will be cancelled and all such outstanding                amounts                will become immediately due and                payable. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | For                the                purpose of clause 9.2(a) above **“control”**                shall have                the meaning as defined in section 416 of the Taxes                Act; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | For                the                purpose of clause 9.2(a) above **“acting                in concert”**                shall have                the meaning as defined in the City Code on Takeovers and Mergers;                and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Clause                9.2(a)                will not apply where a change in control occurs as a result of a                scheme of                arrangement which effects the interposition of a limited liability                company                (**“NewCo”**)                between the                shareholders of the Company immediately prior to the scheme of arrangement                (the **“Existing                Shareholders”**)                and the                Company provided immediately after completion of the scheme of arrangement                the Existing Shareholders are the only shareholders of NewCo and                that all                Subsidiaries of the Company immediately prior to the scheme of arrangement                are Subsidiaries of the Company immediately after completion of the                scheme                of arrangement or any other scheme of arrangement which does not                prejudice                the interests of the Lenders. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

21

----

| 9.3 | **Voluntary                Cancellation** |
|-----|-------------------------------------------|

|   | (a) | The                Company                may, if it gives the Agent not less than five Business Days’ (or such                shorter period as the Majority Lenders may agree) prior notice, cancel                the                whole or any part (being a minimum amount of £10,000,000) of the Available                Facility. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Any                voluntary                cancellation under clause 9.3(a) will be                applied: |
|--------|-----|--------------------------------------------------------------------------------------------------------------|

|   | (i) | firstly,                against the Available Commitments pro rata;                and |
|--------|-----|----------------------------------------------------------------------------------------|

|   | (ii) | secondly,                in                cancellation of any outstanding Ancillary Facilities pro rata between                the                participations of the Lenders in such Ancillary                Facilities. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.4 | **Voluntary                Prepayment of Loans** |
|-----|--------------------------------------------------|

|   | (a) | The                Borrower                to which a Loan has been made may, if it gives the Agent not less                than                five Business Days’ (or such shorter period as the Majority Lenders may                agree) prior notice, prepay the whole or any part of a Loan (but                if in                part, being an amount that reduces the Base Currency Amount of the                Loan by                a minimum amount of £10,000,000). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Any                voluntary                prepayment under clause 9.4(a) will be applied against the Loans                pro rata                (or against such Loans as the relevant Borrower shall designate in                the                notice of prepayment) and pro rata between the participations of                the                Lenders in such Loans. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.5 | **Right                of Repayment and Cancellation in Relation to a Single                Lender** |
|-----|------------------------------------------------------------------------------------------------------|

|   | (a) | If: |
|--------|-----|-----|

|   | (i) | any                sum                payable to any Lender by an Obligor is required to be increased under                clause 14.2(c) (Tax Gross-Up); or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | any                Lender                claims indemnification from the Company under clause 15.1 (Increased                Costs), |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | On                receipt of                a notice referred to in clause 9.5(a), the Commitment of that Lender                shall                immediately be reduced to zero. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | On                the last                day of each Interest Period which ends after the Company has given                notice                under clause 9.5(a) (or, if earlier, the date specified by the Company                in                that notice), each Borrower to which a Loan is outstanding shall                repay                that Lender’s participation in that                Loan. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.6 | **Restrictions** |
|-----|------------------|

|   | (a) | Any                notice of                cancellation or prepayment given by any Party under this clause 9                shall be                irrevocable and, unless a contrary indication appears in this agreement,                shall specify the date or dates upon which the relevant cancellation                or                prepayment is to be made and the amount of that cancellation or                prepayment. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Any                prepayment under this agreement shall be made together with accrued                interest on the amount prepaid and, subject to any Break Costs, without                premium or penalty. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

22

----

|   | (c) | Unless                a                contrary indication appears in this agreement, any part of the Facility                which is prepaid may be reborrowed in accordance with the terms of                this                agreement. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | The                Borrowers                shall not repay or prepay all or any part of the Loans or cancel                all or                any part of the Commitments except at the times and in the manner                expressly provided for in this                agreement. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | No                amount of                the Total Commitments cancelled under this agreement may be subsequently                reinstated. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | If                the Agent                receives a notice under this clause 9 it shall promptly forward a                copy of                that notice to either the Company or the affected Lender, as                appropriate. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.7 | **Mandatory                Prepayment Events** |
|-----|------------------------------------------------|

|   | (a) | If                at any                time: |
|--------|-----|-----------------------------------------------|

|   | (i) | it                is or                becomes unlawful for any Obligor to perform any of its obligations                under                the Finance Documents in any material respect;                or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                guarantee                of any Guarantor under clause 19 (Guarantee and Indemnity) is not                effective or is alleged by that Guarantor to be ineffective for any                reason, |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | call                for                prepayment of all the outstanding Loans and Ancillary Outstandings                on such                date as it may specify in such notice whereupon all such Loans and                Ancillary Outstandings shall become due and payable on such date                together                with accrued interest and any other sums then owed by the Obligors                under                the Finance Documents; and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | declare                that                the Total Commitments shall be cancelled, whereupon the Total Commitments                shall be cancelled and the Commitments of each Lender shall be cancelled                and reduced to zero. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                a                Mandatory Prepayment Event occurs in respect of a Guarantor (other                than                the Company) under paragraph (a)(i) above (in respect of its obligations                as a Guarantor only) or under paragraph (a)(ii) above, the Agent                shall not                be entitled to give a notice to the Company in accordance with paragraphs                (a)(A) or (a)(B) above, if: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | within                five                Business Days of becoming aware of the relevant Mandatory Prepayment                Event, the relevant Guarantor ceases to be a Guarantor in accordance                with                clause 25.5 (Resignation of a Guarantor);                and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | at                the time                of it ceasing to be a Guarantor, there is no breach of clause 22.4                (Upstream Guarantees). |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.8 | **Mandatory                Prepayment by Borrowers** |
|-----|------------------------------------------------------|

23

----

| 10. | **INTEREST** |
|-----|--------------|

| 10.1 | **Calculation                of Interest** |
|------|--------------------------------------------|

|   | (a) | Margin; |
|--------|-----|---------|

|   | (b) | LIBOR                or, in                relation to any Loan in euro, EURIBOR;                and |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (c) | Mandatory                Cost, if any. |
|--------|-----|----------------------------------------|

| 10.2 | **Payment                of Interest** |
|------|----------------------------------------|

| 10.3 | **Default                Interest** |
|------|-------------------------------------|

|   | (a) | If                an Obligor                fails to pay any amount payable by it under a Finance Document on                its due                date, interest shall accrue on the overdue amount from the due date                up to                the date of actual payment (both before and after judgment) at a                rate                which, subject to clause 10.3(b), is one per cent. per annum higher                than                the rate which would have been payable if the overdue amount had,                during                the period of non-payment, constituted a Loan in the currency of                the                overdue amount for successive Interest Periods, each of a duration                selected by the Agent (acting reasonably). Any interest accruing                under                this clause 10.3 shall be immediately payable by the Obligor on demand                by                the Agent. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                any                overdue amount consists of all or part of a Loan which became due                on a day                which was not the last day of an Interest Period relating to that                Loan: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                first                Interest Period for that overdue amount shall have a duration equal                to the                unexpired portion of the current Interest Period relating to that                Loan;                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                rate of                interest applying to the overdue amount during that first Interest                Period                shall be one per cent. per annum higher than the rate which would                have                applied if the overdue amount had not become                due. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Default                interest (if unpaid) arising on an overdue amount will be compounded                with                the overdue amount at the end of each Interest Period applicable                to that                overdue amount but will remain immediately due and                payable. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4 | **Notification                of Rates of Interest** |
|------|------------------------------------------------------|

| 10.5 | **Margin                and Commitment Fee** |
|------|----------------------------------------------|

|   | (a) | The                Margin                (expressed as a percentage per annum) will be set in accordance with                clauses 10.5(b) and (c) to the percentage rate specified in the table                below set opposite the long term credit rating assigned by the Rating                Agencies to the Company, as                follows: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

24

----

| **Credit                  Rating by Moody’s/S&P** |   | **Margin****(per                  cent. per annum)** |
|-------------------------------------------------------------|--------|------------------------------------------------------|
| A+/A1                                                       |   | 0.125                                                |
| A/A2                                                        |   | 0.150                                                |
| A-/A3                                                       |   | 0.175                                                |
| BBB+/Baa1                                                   |   | 0.225                                                |
| BBB/Baa2                                                    |   | 0.250                                                |
| BBB-/Baa3                  or                  lower        |   | 0.275                                                |

|   | (b) | Promptly                after becoming aware of the same, the Company shall notify the Agent                in                writing if any change in the long term credit rating assigned to                the                Company occurs or the circumstances contemplated by clause 10.5(d)(v)                arise (each an **“Adjustment                Event”**). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | (i) | The                Margin                will be adjusted (if applicable) three Business Days after receipt                by the                Agent of notification of an Adjustment Event in accordance with clause                10.5(b) or, if earlier, three Business Days after the date on which                the                Agent otherwise becomes aware of that Adjustment Event;                and |
|--------|-----|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | The                Agent                shall notify in writing the Lenders and the Company of any adjustment                to                the Margin under sub-paragraph (i)                above. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | For                the                purposes of this clause 10.5: |
|--------|-----|---------------------------------------------------------------------|

|   | (i) | **“Rating                Agency”**                means either                of Moody’s and S&P; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                **“long                term credit rating”**,                means at                any time, the long term unsecured credit rating assigned at that                time to                the Company by a Rating Agency; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | if                at any                time there is a difference in the long term credit rating assigned                to the                Company by the Rating Agencies, the applicable Margin will be determined                as the average of the margin levels specified opposite the relevant                ratings in the table set out in clause                10.5(a). |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | if                only one                Rating Agency assigns a long term credit rating the Margin will be                determined on the basis of the rating of that Rating Agency;                and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (v) | if                there is                no long term credit rating assigned by either Rating Agency, the                Margin                will be determined as if Moody’s and S&P had assigned long term credit                ratings of BBB- and Baa3                respectively. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                commitment fee referred to in clause 13.1 (Commitment Fee) shall                be on                each day thirty per cent. of the Margin which would be applicable                to a                Loan if that were drawn on such                day. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | **INTEREST                PERIODS** |
|-----|-------------------------------------|

| 11.1 | **Selection                of Interest Periods** |
|------|--------------------------------------------------|

|   | (a) | A                Borrower                (or the Company on behalf of a Borrower) may select an Interest Period                for                a Loan in the Utilisation Request for that                Loan. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Subject                to                this clause 11, a Borrower (or the Company) may select an Interest                Period                of 1, 2, 3 or 6 Months or any other period agreed between the Company                and                the Agent (acting on the instructions of all the Lenders). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

25

----

|   | (c) | An                Interest                Period for a Loan shall not extend beyond the Termination                Date. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Each                Interest                Period for a Loan shall start on the Utilisation                Date. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------|

|   | (e) | A                Loan has                one Interest Period only. |
|--------|-----|--------------------------------------------------------------------|

| 11.2 | **Non-Business                Days** |
|------|--------------------------------------|

| 12. | **CHANGES                TO THE CALCULATION OF                INTEREST** |
|-----|--------------------------------------------------------------------------|

| 12.1 | **Absence                of Quotations** |
|------|------------------------------------------|

| 12.2 | **Market                Disruption** |
|------|--------------------------------------|

|   | (a) | If                a Market                Disruption Event occurs in relation to a Loan for any Interest Period,                then the rate of interest on each Lender’s share of that Loan for the                Interest Period shall be the percentage rate per annum which is the                sum                of: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Margin; |
|--------|-----|----------------------------|

|   | (ii) | the                rate                notified to the Agent by that Lender as soon as practicable and in                any                event before interest is due to be paid in respect of that Interest                Period, to be that which expresses as a percentage rate per annum                the cost                to that Lender of funding its participation in that Loan from whatever                source it may reasonably select;                and |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                Mandatory                Cost, if any, applicable to that Lender’s participation in the                Loan. |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | In                this                agreement **“Market                Disruption Event”**                means: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | at                or about                noon on the Quotation Day for the relevant Interest Period the Screen                Rate                is not available and none or only one of the Reference Banks supplies                a                rate to the Agent to determine LIBOR or, if applicable, EURIBOR for                the                relevant currency and Interest Period;                or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | before                close                of business in London on the Quotation Day for the relevant Interest                Period, the Agent receives notifications from a Lender or Lenders                (whose                participations in a Loan exceed 35 per cent. of that Loan) that the                cost                to it of obtaining matching deposits in the Relevant Interbank Market                would be in excess of LIBOR or, if applicable,                EURIBOR. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.3 | **Alternative                Basis of Interest or                Funding** |
|------|----------------------------------------------------------------------------|

|   | (a) | If                a Market                Disruption Event occurs and the Agent or the Company so requires,                the                Agent and the Company shall enter into negotiations (for a period                of not                more than 30 days) with a view to agreeing a substitute basis for                determining the rate of interest. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

26

----

|   | (b) | Any                alternative basis agreed pursuant to clause 12.3(a) shall, with the                prior                consent of all the Lenders and the Company, be binding on all                Parties. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.4 | **Break                Costs** |
|------|--------------------------------|

|   | (a) | Each                Borrower                shall, within three Business Days of demand by a Finance Party, pay                to                that Finance Party its Break Costs attributable to all or any part                of a                Loan or Unpaid Sum being paid by that Borrower on a day other than                the                last day of an Interest Period for that Loan or Unpaid                Sum. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                Lender                shall, as soon as reasonably practicable after a demand by the Agent,                provide a certificate confirming the amount of its Break Costs for                any                Interest Period in which they                accrue. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | **FEES** |
|-----|----------|

| 13.1 | **Commitment                Fee** |
|------|-----------------------------------|

|   | (a) | The                Company                shall pay to the Agent (for the account of each Lender) a commitment                fee                in the Base Currency computed at 30 per cent. of the Margin per annum                on                that Lender’s Available Commitment for the Availability                Period. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                accrued                commitment fee is payable on the last day of each successive period                of                three Months which ends during the Availability Period, on the last                day of                the Availability Period and, if cancelled in full, on the cancelled                amount                of the relevant Lender’s Commitment at the time the cancellation is                effective. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.2 | **Agency                Fee** |
|------|-------------------------------|

| 13.3 | **Extension                Fee** |
|------|----------------------------------|

| 13.4 | **Up-front                Fee** |
|------|---------------------------------|

| 13.5 | **Interest,                Commission and Fees on Ancillary                Facilities** |
|------|-----------------------------------------------------------------------------------------|

27

----

| 14. | **TAX                GROSS-UP AND INDEMNITIES** |
|-----|-------------------------------------------------|

| 14.1 | **Definitions** |
|------|-----------------|

|   | (a) | In                this                agreement: |
|--------|-----|--------------------------------------------------|

|   | (i) | a                Lender                which is beneficially entitled to interest payable to that Lender                in                respect of a Loan and is: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | a                Lender: |
|--------|-----|--------------------------|

|   | (aa) | which                is a                bank (as defined for the purpose of section 349 of the Taxes Act)                making a                Loan; or |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (bb) | in                respect of                a Loan by a person that was a bank (as defined for the purpose of                section                349 of the Taxes Act) at the time that that Loan was                made, |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | a                Lender                which is: |
|--------|-----|--------------------------------------------------|

|   | (aa) | a                company                resident in the United Kingdom for United Kingdom tax                purposes; |
|--------|------|------------------------------------------------------------------------------------------------------------------------|

|   | (bb) | a                partnership                each member of which is: |
|--------|------|----------------------------------------------------------------------|

|  | (1) | a                company so                resident in the United Kingdom; or |
|--|-----|-------------------------------------------------------------------------------|

|   | (2) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                in                computing its chargeable profits (for the purposes of section 11(2)                of the                Taxes Act) the whole of any share of interest payable in respect                of that                Loan that falls to it by reason of sections 114 and 115 of the Taxes                Act; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (cc) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                interest payable in respect of that Loan in computing the chargeable                profits (for the purposes of section 11(2) of the Taxes Act) of that                company; or |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (C) | a                Treaty                Lender. |
|--------|-----|------------------------------------------------|

|   | (i) | a                company                resident in the United Kingdom for United Kingdom tax                purposes; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | a                partnership                each member of which is: |
|--------|------|----------------------------------------------------------------------|

|   | (A) | a                company so                resident in the United Kingdom; or |
|--------|-----|-------------------------------------------------------------------------------|

28

----

|   | (B) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                in                computing its chargeable profits (for the purposes of section 11(2)                of the                Taxes Act) the whole of any share of interest payable in respect                of that                Loan that falls to it by reason of sections 114 and 115 of the Taxes                Act;                or |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                interest payable in respect of that Loan in computing the chargeable                profits (for the purposes of section 11(2) of the Taxes Act) of that                company; |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | is                treated as                a resident of a Treaty State for the purposes of the                Treaty; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | does                not                carry on a business in the United Kingdom through a permanent                establishment with which that Lender’s participation in the Loan is                effectively connected. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Unless                a                contrary indication appears, in this clause 14 a reference to **“determines”**                or                **“determined”**                means a                determination made in the absolute discretion of the person making                the                determination. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.2 | **Tax                Gross-Up** |
|------|---------------------------------|

|   | (a) | Each                Obligor                shall make all payments to be made by it without any Tax Deduction,                unless                a Tax Deduction is required by law. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Company                shall promptly upon becoming aware that an Obligor must make a Tax                Deduction (or that there is any change in the rate or the basis of                a Tax                Deduction) notify the Agent accordingly. Similarly, a Lender shall                notify                the Agent on becoming so aware in respect of a payment payable to                that                Lender. If the Agent receives such notification from a Lender it                shall                notify the Company and that                Obligor. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | If                a Tax                Deduction is required by law to be made by an Obligor, the amount                of the                payment due from that Obligor shall be increased to an amount which                (after                making any Tax Deduction) leaves an amount equal to the payment which                would have been due if no Tax Deduction had been                required. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

29

----

|   | (d) | An                Obligor is                not required to make an increased payment to a Lender under clause                14.2(c)                for a Tax Deduction in respect of tax imposed by the United Kingdom                from a                payment of interest on a Loan, if on the date on which the payment                falls                due: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                payment                could have been made to the relevant Lender without a Tax Deduction                if it                was a Qualifying Lender, but on that date that Lender is not or has                ceased                to be a Qualifying Lender other than as a result of any change after                the                date it became a Lender under this agreement in (or in the interpretation,                administration, or application of) any law or Treaty, or any published                practice or concession of any relevant taxing authority;                or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | (A) | the                  relevant                  Lender is a Qualifying Lender solely under clause 14.1(a)(i)(B)                  of the                  definition of Qualifying                  Lender; |
|--------|------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | the                Board of                the HM Revenue & Customs has given (and not revoked) a direction (a                **“Direction”**)                under                section 349C of the Taxes Act (as that provision has effect on the                date on                which the relevant Lender became a Party) which relates to that payment                and that Lender has received from that Obligor or the Company a certified                copy of that Direction; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (C) | the                payment                could have been made to the Lender without any Tax Deduction in the                absence of that Direction; or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                relevant                Lender is a Qualifying Lender solely under clause 14.1(a)(i)(B) of                the                definition of Qualifying Lender and it has not, other than by reason                of                any change after the date of this agreement in (or in the interpretation,                administration, or application of) any law, or any published practice                or                concession of any relevant taxing authority, given a Tax Confirmation                to                the Company; or |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | the                relevant                Lender is a Treaty Lender and the Obligor making the payment is able                to                demonstrate that the payment could have been made to the Lender without                the Tax Deduction had that Lender complied with its obligations under                clause 14.2(g). |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | If                an Obligor                is required to make a Tax Deduction, that Obligor shall make that                Tax                Deduction and any payment required in connection with that Tax Deduction                within the time allowed and in the minimum amount required by                law. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Within                30                days of making either a Tax Deduction or any payment required in                connection with that Tax Deduction, the Obligor making that Tax Deduction                shall deliver to the Agent for the Finance Party entitled to the                payment                evidence reasonably satisfactory to that Finance Party that the Tax                Deduction has been made or (as applicable) any appropriate payment                paid to                the relevant taxing authority. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | A                Treaty                Lender and each Obligor which makes a payment to which that Treaty                Lender                is entitled shall co-operate in completing any procedural formalities                necessary for that Obligor to obtain authorisation to make that payment                without a Tax Deduction. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | A                UK Non-Bank                Lender which becomes a Party on the day on which this agreement is                entered                into gives a Tax Confirmation to the Company by entering into this                agreement. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | A                UK Non-Bank                Lender shall promptly notify the Company and the Agent if there is                any                change in the position from that set out in the Tax                Confirmation. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

30

----

| 14.3 | **Tax                Credit** |
|------|-------------------------------|

|   | (a) | a                Tax Credit                is attributable either to an increased payment of which that Tax                Payment                forms part, or to that Tax Payment;                and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | that                Finance                Party has obtained, utilised and fully retained that Tax Credit on                an                affiliated group basis, |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.4 | **Stamp                Taxes** |
|------|--------------------------------|

| 14.5 | **Value                Added Tax** |
|------|------------------------------------|

|   | (a) | All                amounts                set out, or expressed to be payable under a Finance Document by any                Party                to a Finance Party which (in whole or in part) constitute the                consideration for VAT purposes shall be deemed to be exclusive of                any VAT                which is chargeable on such supply, and accordingly, subject to clause                14.5(c), if VAT is chargeable on any supply made by any Finance Party                to                any Party under a Finance Document, that Party shall pay to the Finance                Party (in addition to and at the same time as paying the consideration)                an                amount equal to the amount of the VAT upon such Finance Party providing                an                appropriate VAT invoice to such                Party. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                VAT is                chargeable on any supply made by any Finance Party (the **“Supplier”**)                to any                other Finance Party (the **“Recipient”**)                under a                Finance Document, and any Party (the **“Relevant                Party”**)                is required                by the terms of any Finance Document to pay an amount equal to the                consideration for such supply to the Supplier (rather than being                required                to reimburse the Recipient in respect of that consideration), such                Party                shall also pay to the Supplier (in addition to and at the same time                as                paying such amount) an amount equal to the amount of such VAT. The                Recipient will promptly pay to the Relevant Party an amount equal                to any                credit or repayment from the relevant tax authority which it reasonably                determines relates to the VAT chargeable on that                supply. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Where                a                Finance Document requires any Party to reimburse a Finance Party                for any                costs or expenses, that Party shall also at the same time pay and                indemnify the Finance Party against all VAT incurred by the Finance                Party                in respect of the costs or expenses to the extent that the Finance                Party                reasonably determines that neither it nor any other member of any                group of                which it is a member for VAT purposes is entitled to credit or repayment                from the relevant tax authority in respect of the                VAT. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

31

----

| 15. | **INCREASED                COSTS** |
|-----|------------------------------------|

| 15.1 | **Increased                Costs** |
|------|------------------------------------|

|   | (a) | Subject                to                clause 15.3 (Exceptions) the Company shall, within three Business                Days of                a demand by the Agent, pay for the account of a Finance Party the                amount                of any Increased Costs incurred by that Finance Party or any of its                Affiliates as a result of: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                introduction of or any change in (or in the interpretation, administration                or application of) any law or regulation;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | compliance                with any law or regulation made after the date of this                agreement. |
|--------|------|------------------------------------------------------------------------------------------------------------|

|   | (b) | In                this                agreement **“Increased                Costs”**                means: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------|

|   | (i) | a                reduction                in the rate of return from the Facility or on a Finance Party’s (or its                Affiliates) overall capital; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | an                additional                or increased cost; or |
|--------|------|-------------------------------------------------------------------|

|   | (iii) | a                reduction                of any amount due and payable under any Finance                Document, |
|--------|-------|--------------------------------------------------------------------------------------------------------------------|

| 15.2 | **Increased                Cost Claims** |
|------|------------------------------------------|

|   | (a) | A                Finance                Party intending to make a claim pursuant to clause 15.1 (Increased                Costs)                shall notify the Agent of the event giving rise to the claim, following                which the Agent shall promptly notify the                Company. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                Finance                Party shall, as soon as practicable after a demand by the Agent,                provide a                certificate confirming the amount of its Increased                Costs. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.3 | **Exceptions** |
|------|----------------|

|   | (a) | Clause                15.1                (Increased Costs) does not apply to the extent any Increased Cost                is: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | attributable                to a Tax Deduction required by law to be made by an                Obligor; |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (ii) | compensated                for by the payment of the Mandatory                Cost; |
|--------|------|-------------------------------------------------------------------------------------|

|   | (iii) | attributable                to the wilful breach by the relevant Finance Party or its Affiliates                of                any law or regulation; or |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | attributable                to the implementation or application of or compliance with the                “International Convergence of Capital Measurement and Capital Standards,                a                Revised Framework” published by the Basel Committee on Banking Supervision                in June 2004 in the form existing on the date of this agreement                (**“Basel                II”**)                or any                other law or regulation which implements Basel II (whether such                implementation, application or compliance is by a government, regulator,                Finance Party or any of its                Affiliates). |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | In                this                clause 15.3, a reference to a **“Tax                Deduction”**                has the same                meaning given to the term in clause 14.1                (Definitions). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

32

----

| 16. | **OTHER                INDEMNITIES** |
|-----|--------------------------------------|

| 16.1 | **Currency                Indemnity** |
|------|---------------------------------------|

|   | (a) | If                any sum                due from an Obligor under the Finance Documents (a **“Sum”**),                or any                order, judgment or award given or made in relation to a Sum, has                to be                converted from the currency (the **“First                Currency”**)                in which                that Sum is payable into another currency (the **“Second                Currency”**)                for the                purpose of: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | making                or                filing a claim or proof against that                Obligor; |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (ii) | obtaining                or                enforcing an order, judgment or award in relation to any litigation                or                arbitration proceedings, |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                Obligor                waives any right it may have in any jurisdiction to pay any amount                under                the Finance Documents in a currency or currency unit other than that                in                which it is expressed to be                payable. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.2 | **Other                Indemnities** |
|------|--------------------------------------|

|   | (a) | the                occurrence of any Event of Default; |
|--------|-----|--------------------------------------------------------|

|   | (b) | a                failure by                an Obligor to pay any amount due under a Finance Document on its                due date,                including without limitation, any cost, loss or liability arising                as a                result of clause 29 (Sharing Among the Finance                Parties); |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | funding,                or                making arrangements to fund, its participation in a Loan requested                by a                Borrower in a Utilisation Request but not made by reason of the operation                of any one or more of the provisions of this agreement (other than                by                reason of default or negligence by that Finance Party alone);                or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | a                Loan (or                part of a Loan) not being prepaid in accordance with a notice of                prepayment given by a Borrower or the                Company. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.3 | **Indemnity                to the Agent** |
|------|-------------------------------------------|

|   | (a) | investigating                any event which it reasonably believes is a Default;                or |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | (b) | acting                or                relying on any notice, request or instruction which it reasonably                believes                to be genuine, correct and appropriately                authorised, |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

33

----

| 17. | **MITIGATION                BY THE LENDERS** |
|-----|----------------------------------------------|

| 17.1 | **Mitigation** |
|------|----------------|

| 17.2 | **No                Limitation** |
|------|----------------------------------|

| 17.3 | **Limitation                of liability** |
|------|--------------------------------------------|

|   | (a) | The                Company                shall indemnify each Finance Party for all costs and expenses reasonably                incurred by that Finance Party as a result of steps taken by it under                clause 17.1 (Mitigation). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | A                Finance                Party is not obliged to take any steps under clause 17.1 (Mitigation)                if,                in the opinion of that Finance Party (acting reasonably), to do so                might                be prejudicial to it. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 18. | **COSTS                AND EXPENSES** |
|-----|---------------------------------------|

| 18.1 | **Transaction                Expenses** |
|------|-----------------------------------------|

|   | (a) | this                agreement and any other documents referred to in this agreement;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (b) | any                other                Finance Documents executed after the Signing                Date. |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

| 18.2 | **Enforcement                Costs** |
|------|--------------------------------------|

| 19. | **GUARANTEE                AND INDEMNITY** |
|-----|--------------------------------------------|

| 19.1 | **Guarantee                and Indemnity** |
|------|--------------------------------------------|

|   | (a) | guarantees                to                each Finance Party punctual performance by each Borrower of all that                Borrower’s obligations under the Finance                Documents; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | undertakes                with each Finance Party that whenever a Borrower does not pay any                amount                when due under or in connection with any Finance Document, that Guarantor                shall immediately on demand pay that amount as if it was the principal                obligor; and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

34

----

|   | (c) | indemnifies                each Finance Party immediately on demand against any cost, loss or                liability suffered by that Finance Party if any obligation guaranteed                by                it is or becomes unenforceable, invalid or illegal. The amount of                the                cost, loss or liability shall be equal to the amount which that Finance                Party would otherwise have been entitled to                recover. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.2 | **Continuing                Guarantee** |
|------|-----------------------------------------|

| 19.3 | **Reinstatement** |
|------|-------------------|

|   | (a) | the                liability                of each Obligor shall continue as if the payment, discharge, avoidance                or                reduction had not occurred; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | each                Finance                Party shall be entitled to recover the value or amount of that security                or                payment from each Obligor, as if the payment, discharge, avoidance                or                reduction had not occurred. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.4 | **Waiver                of Defences** |
|------|---------------------------------------|

|   | (a) | any                time,                waiver or consent granted to, or composition with, any Obligor or                other                person; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                release                of any other Obligor or any other person under the terms of any                composition or arrangement with any creditor of any member of the                Group; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the                taking,                variation, compromise, exchange, renewal or release of, or refusal                or                neglect to perfect, take up or enforce, any rights against, or security                over assets of, any Obligor or other person or any non-presentation                or                non-observance of any formality or other requirement in respect of                any                instrument or any failure to realise the full value of any                security; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | any                incapacity or lack of power, authority or legal personality of or                dissolution or change in the members or status of an Obligor or any                other                person; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | any                amendment, novation, supplement, extension, restatement (however                fundamental and whether or not more onerous) or replacement of any                Finance                Document or any other document or security including without limitation                any change in the purpose of, any extension of or any increase in                any                facility or the addition of any new facility under any Finance Document                or                other document or security; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | any                unenforceability, illegality or invalidity of any obligation of any                person                under any Finance Document or any other document or security;                or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | any                insolvency or similar proceedings. |
|--------|-----|-------------------------------------------------------|

35

----

| 19.5 | **Immediate                Recourse** |
|------|---------------------------------------|

| 19.6 | **Appropriations** |
|------|--------------------|

|   | (a) | refrain                from                applying or enforcing any other moneys, security or rights held or                received by that Finance Party (or any trustee or agent on its behalf)                in                respect of those amounts, or apply and enforce the same in such manner                and                order as it sees fit (whether against those amounts or otherwise)                and no                Guarantor shall be entitled to the benefit of the same;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | hold                in an                interest-bearing suspense account any moneys received from any Guarantor                or on account of any Guarantor’s liability under this clause                19. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.7 | **Deferral                of Guarantors’ Rights** |
|------|---------------------------------------------------------|

|   | (a) | to                be                indemnified by an Obligor; |
|--------|-----|----------------------------------------------------------------|

|   | (b) | to                claim any                contribution from any other guarantor of any Obligor’s obligations under                the Finance Documents; and/or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | to                take the                benefit (in whole or in part and whether by way of subrogation or                otherwise) of any rights of the Finance Parties under the Finance                Documents or of any other guarantee or security taken pursuant to,                or in                connection with, the Finance Documents by any Finance                Party. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 19.8 | **Release                of Guarantors’ Right of                Contribution** |
|------|--------------------------------------------------------------------------------------|

|   | (a) | that                Retiring                Guarantor is released by each other Guarantor from any liability                (whether                past, present or future and whether actual or contingent) to make                a                contribution to any other Guarantor arising by reason of the performance                by any other Guarantor of its obligations under the Finance Documents;                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | each                other                Guarantor waives any rights it may have by reason of the performance                of                its obligations under the Finance Documents to take the benefit (in                whole                or in part and whether by way of subrogation or otherwise) of any                rights                of the Finance Parties under any Finance Document or of any other                security                taken pursuant to, or in connection with, any Finance Document where                such                rights or security are granted by or in relation to the assets of                the                Retiring Guarantor. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

36

----

| 19.9 | **Additional                Security** |
|------|----------------------------------------|

| 20. | **REPRESENTATIONS** |
|-----|---------------------|

| 20.1 | **Status** |
|------|------------|

|   | (a) | It                is duly                incorporated and validly existing under the law of its jurisdiction                of                incorporation. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | It                has the                power to own its assets and carry on its business as it is being                conducted. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------|

| 20.2 | **Binding                Obligations** |
|------|----------------------------------------|

| 20.3 | **Non-Conflict                With Other Obligations** |
|------|--------------------------------------------------------|

|   | (a) | any                law or                regulation applicable to it; |
|--------|-----|-----------------------------------------------------------------------|

|   | (b) | its                constitutional documents; or |
|--------|-----|-------------------------------------------------|

|   | (c) | any                agreement                or instrument binding upon it or any of its                assets. |
|--------|-----|----------------------------------------------------------------------------------------------------------------|

| 20.4 | **Power                and Authority** |
|------|----------------------------------------|

| 20.5 | **Validity** |
|------|--------------|

| 20.6 | **No                Default** |
|------|-------------------------------|

|   | (a) | No                Event of                Default has occurred and is continuing which has not been                remedied. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | No                Default                has occurred and is continuing which has not been                remedied. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------|

37

----

| 20.7 | **Financial                Statements** |
|------|-----------------------------------------|

|   | (a) | The                most                recently published audited consolidated financial statements of the                Group                give (in conjunction with the notes thereto) a true and fair view                of the                financial condition of the Group as at the date as of which the same                were                prepared. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Original                Financial Statements were prepared in accordance with IFRS consistently                applied and give (in conjunction with the notes thereto) a true and                fair                view of the consolidated financial condition of the Group as at the                date                as of which they were prepared and the consolidated results of the                operations of the Group during the financial year then                ended. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | There                has                been no material change in the business or consolidated financial                condition of the Group taken as a whole since 31 December 2005 which                could                reasonably be expected to have a Material Adverse                Effect. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | As                at the                date on which the most recently published audited consolidated financial                statements of the Group were prepared no member of the Group had                any                material liabilities which were not disclosed thereby (or by the                notes                thereto) or provided for therein and which should at that date have                been                so disclosed or provided for. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                financial                information supplied by it or on behalf of it by any other member                of the                Group to the Lenders relating to any member of the Group in connection                with this agreement is true and accurate in all material                respects. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 20.8 | **Pari                Passu Ranking** |
|------|---------------------------------------|

| 20.9 | **No                Proceedings Pending or                Threatened** |
|------|------------------------------------------------------------------------|

| 20.10 | **Security** |
|-------|--------------|

| 20.11 | **Repetition** |
|-------|----------------|

|   | (a) | the                date of                each Utilisation Request and the first day of each Interest Period;                and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in                the case                of an Additional Obligor, the day on which the company becomes (or                it is                proposed that the company becomes) an Additional                Obligor. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21. | **INFORMATION                UNDERTAKINGS** |
|-----|---------------------------------------------|

38

----

| 21.1 | **Financial                Information** |
|------|------------------------------------------|

|   | (a) | as                soon as                the same become available, but in any event within 120 days after                the end                of each of its financial years: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | its                audited                financial statements for that financial year;                and |
|--------|-----|------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                audited                financial statements of the Group for that financial year;                and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------|

|   | (b) | as                soon as                the same become available, but in any event within 60 days after                the end                of each half of each of its financial years the published interim                consolidated financial statements of the Group for that financial                half                year; |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | as                soon as                the same become available, but in any event within 120 days after                the end                of each of the relevant Obligor’s financial years, each Obligor’s                financial statements, audited if so prepared, for that financial                year;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | together                with                the accounts specified in clauses 21.1(a) and 21.1(b), but only if                necessary, a certificate signed by two officers of the Company in                the form                of schedule 11 identifying the Material Subsidiaries on the basis                of those                accounts. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.2 | **Requirements                as to Financial Statements** |
|------|------------------------------------------------------------|

| 21.3 | **Information:                Miscellaneous** |
|------|-----------------------------------------------|

| 21.4 | **Notification                of Default** |
|------|--------------------------------------------|

|   | (a) | Each                Obligor                shall notify the Agent of any Default promptly upon becoming aware                of its                occurrence (unless that Obligor is aware that a notification has                already                been provided by another Obligor). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Promptly                upon                a request by the Agent, the Company shall supply to the Agent notice                confirming that no Default is continuing (or if a Default is continuing,                specifying the Default). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.5 | **Use                of Websites** |
|------|------------------------------------|

|   | (a) | The                Company                may satisfy its obligation under this agreement to deliver any information                in relation to those Lenders ( the **“Website                Lenders”**)                who accept                this method of communication by posting this information onto an                electronic website designated by the Company and the Agent (the                **“Designated                Website”**)                if: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

39

----

|   | (i) | the                Agent                expressly agrees (after consultation with each of the Lenders) that                it                will accept communication of the information by this                method; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | both                the                Company and the Agent are aware of the address of and any relevant                password specifications for the Designated Website;                and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                information is in a format previously agreed between the Company                and the                Agent. |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall supply each Website Lender with the address of and any relevant                password specifications for the Designated Website following designation                of that website by the Company and the                Agent. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Company                shall promptly upon becoming aware of its occurrence notify the Agent                if: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Designated Website cannot be accessed due to technical failure;                or |
|--------|-----|------------------------------------------------------------------------------------------------------|

|   | (ii) | the                password                specifications for the Designated Website                change. |
|--------|------|-------------------------------------------------------------------------------------------------------------|

|   | (d) | Any                Website                Lender may request, through the Agent, one paper copy of any information                required to be provided under this agreement which is posted onto                the                Designated Website. The Company shall comply with any such request                within                ten Business Days. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 21.6 | **“Know                Your Customer” Checks** |
|------|------------------------------------------------------------|

|   | (a) | If: |
|--------|-----|-----|

|   | (i) | the                introduction of or any change in (or in the interpretation, administration                or application of) any law or regulation made after the date of this                agreement; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | any                change in                the status of an Obligor after the date of this agreement;                or |
|--------|------|--------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a                proposed                assignment or transfer by a Lender of any of its rights and obligations                under this agreement to a party that is not a Lender prior to such                assignment or transfer, |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

40

----

|   | (b) | Each                Lender                shall promptly upon the request of the Agent supply, or procure the                supply                of, such documentation and other evidence as is reasonably requested                by                the Agent (for itself) in order for the Agent to carry out and be                satisfied it has complied with all necessary “know your customer” or other                similar checks under all applicable laws and regulations pursuant                to the                transactions contemplated in the Finance                Documents. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Company                shall, by not less than ten Business Days’ prior written notice to the                Agent, notify the Agent (which shall promptly notify the Lenders)                of its                intention to request that one of the Subsidiaries becomes an Additional                Obligor pursuant to clause 25 (Changes to the                Obligors). |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Following                the                giving of any notice pursuant to clause 21.6(c), if the accession                of such                Additional Obligor obliges the Agent or any Lender to comply with“know                your customer” or similar identification procedures in circumstances where                the necessary information is not already available to it, the Company                shall promptly upon the request of the Agent or any Lender supply,                or                procure the supply of, such documentation and other evidence as is                reasonably requested by the Agent (for itself or on behalf of any                Lender)                or any Lender (for itself or on behalf of any prospective new Lender)                in                order for the Agent or such Lender or any prospective new Lender                to carry                out and be satisfied it has complied with the results of all necessary                “know your customer” or other similar checks under all applicable laws and                regulations pursuant to the accession of such Subsidiary to this                agreement                as an Additional Obligor. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22. | **GENERAL                UNDERTAKINGS** |
|-----|-----------------------------------------|

| 22.1 | **Authorisations** |
|------|--------------------|

| 22.2 | **Compliance                with Laws** |
|------|-----------------------------------------|

| 22.3 | **Negative                Pledge** |
|------|------------------------------------|

|   | (a) | Subject                to                clause 22.3(b), no Obligor shall (and the Company shall ensure that                no                other member of the Restricted Group will) create or permit to subsist                any                Security over any of its assets. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Clause                22.3(a) does not apply to: |
|--------|-----|--------------------------------------------------|

41

----

|   | (i) | any                Security                listed in schedule 8 (Existing                Security); |
|--------|-----|-----------------------------------------------------------------------------------------------------|

|   | (ii) | any                netting                or set-off arrangement entered into by any member of the Restricted                Group                in the ordinary course of its banking arrangements for the purpose                of                netting debit and credit balances; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a                lien or                right of set-off arising solely by operation of law or by agreement                and in                the ordinary course of business; |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | for                a period                of six Months after the date of the relevant acquisition, any Security                over or affecting any asset acquired by a member of the Restricted                Group                after the date of this agreement                if: |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | the                Security                was not created in contemplation of the acquisition of that asset                by a                member of the Restricted Group; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | the                principal                amount secured has not been increased in contemplation of, or since                the                acquisition of that asset by a member of the Restricted                Group. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (v) | for                a period                of six Months after the date of the relevant acquisition, any Security                over or affecting any asset of any company which becomes a member                of the                Restricted Group after the date of this agreement, where the Security                is                created prior to the date on which that company becomes a member                of the                Restricted Group, if: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | the                Security                was not created in contemplation of the acquisition of that company;                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (B) | the                principal                amount secured has not increased in contemplation of or since the                acquisition of that company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vi) | any                Security                entered into pursuant to any Finance                Document; |
|--------|------|----------------------------------------------------------------------------------------------------------|

|   | (vii) | any                Security                granted over any real property of a member of the Restricted Group                at the                time of purchase thereof for any loan or other obligation raised                or                undertaken for the sole purpose of financing the purchase of that                real                property; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (viii) | any                retention                of title reserved by any seller of goods in the normal course of                business,                or any Security imposed, reserved or granted over goods supplied                by such                seller in respect of the unpaid price of goods supplied in the ordinary                course of business; |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ix) | any                Security                granted by any member of the Restricted Group which carries on a                broking                or similar business, in each case in the ordinary course of that                broking                or similar business over any asset deposited with either a bank in                connection with the clearance of traded securities, securities exchange                or                clearing system as security for the relevant company’s obligations to such                bank, landlord, securities exchange or clearing system (including                for the                avoidance of doubt, any repo or similar sale and purchase arrangements                entered into by any member of the Restricted                Group); |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (x) | any                Security                which the Majority Lenders have at any time agreed in writing shall                be                permitted; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

42

----

|   | (xi) | any                Security                granted by any member of the Restricted Group in the ordinary course                of                business in respect of any assets deposited with a central bank or                other                regulatory body in compliance with the requirements of that central                bank                or regulatory body; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (xii) | a                Security                granted in respect of a Back to Back Loan over the cash or cash equivalent                deposits concerned; |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (xiii) | any                Security                created in connection with a Securitisation of Securitisation Assets                where                the recourse of the creditor(s) of the securities issued pursuant                to that                Securitisation or any financial obligation created by any on-lending                of                the proceeds of any such Securitisation is principally limited                to; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (A) | those                Securitisation Assets; and |
|--------|-----|-------------------------------------------------|

|   | (B) | if                those                Securitisation Assets comprise all of the business of the relevant                entity,                the shareholding or other interest in that entity;                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (xiv) | any                Security                securing indebtedness the principal amount of which (when aggregated                with                the principal amount of any other indebtedness which has the benefit                of                Security given by any member of the Group other than any permitted                under                clause 22.3(b)(i) to 22.3(b)(xiii)) does not exceed £100,000,000 (or its                equivalent in another currency or                currencies). |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 22.4 | **Upstream                Guarantees** |
|------|----------------------------------------|

|   | (a) | The                Company                shall procure that no member of the Restricted Group (other than                a                Guarantor) will give any guarantee or undertake any similar liability                in                respect of any Financial Indebtedness of any                Borrower. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Company                shall not procure or agree that any member of the Group (other than                a                Guarantor) will give any guarantee or undertake any similar liability                in                respect of any Financial Indebtedness of any                Borrower. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23. | **EVENTS                OF DEFAULT** |
|-----|--------------------------------------|

| 23.1 | **Non-Payment** |
|------|-----------------|

|   | (a) | its                failure                to pay is caused by: |
|--------|-----|----------------------------------------------------------------|

|   | (i) | administrative                or technical error; or |
|--------|-----|------------------------------------------------------|

|   | (ii) | a                Disruption                Event; and |
|--------|------|-------------------------------------------------------|

|   | (b) | payment                is                made within five Business Days of its due                date. |
|--------|-----|---------------------------------------------------------------------------------------------------------|

| 23.2 | **Other                Obligations** |
|------|--------------------------------------|

|   | (a) | An                Obligor                does not comply with any provision of the Finance Documents (other                than                those referred to in clause 23.1                (Non-Payment). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | No                Event of                Default under clause 23.2(a) will occur if the failure to comply                is                capable of remedy and is remedied within 30 days of the Agent giving                notice to the Company. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

43

----

| 23.3 | **Misrepresentation** |
|------|-----------------------|

| 23.4 | **Cross                Default** |
|------|----------------------------------|

|   | (a) | are                not paid                when due nor within any applicable grace period in any agreement                or                instrument relating to such Financial Indebtedness;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | becomes                due                and payable before its normal or agreed maturity through the occurrence                of                an event of default (howsoever                described), |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.5 | **Insolvency** |
|------|----------------|

|   | (a) | the                purpose                of and followed by an amalgamation and reconstruction the terms of                which                have first been approved by the Majority Lenders in writing such                approval                not to be unreasonably withheld or delayed;                or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | a                voluntary                solvent liquidation, winding-up, dissolution or reorganisation in                connection with the transfer of the business, undertaking and assets                of                such Material Subsidiary to another member of the Group;                or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | where                such                liquidation, administration, winding-up, dissolution or reorganisation                could not reasonably be expected to have a Material Adverse                Effect. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.6 | **Insolvency                Proceedings** |
|------|-------------------------------------------|

44

----

| 23.7 | **Creditors’                Process** |
|------|---------------------------------------------|

| 23.8 | **Suspension                of Business** |
|------|-------------------------------------------|

|   | (a) | the                Company                shall suspend or threaten to suspend all or a substantial part of                the                Restricted Group’s operations or ceases, or threatens to cease, to carry                on the business of the Restricted Group;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any                other                Obligor or any Material Subsidiary shall suspend or threaten to suspend                all or a substantial part of its operations or ceases, or threatens                to                cease, to carry on its business which, in the case of any such Material                Subsidiary could reasonably be expected to have a Material Adverse                Effect                and except, in the case of any such Material Subsidiary, for the                purpose                of and followed by an amalgamation, the terms of which have first                been                approved by the Majority Lenders in writing or in connection with                the                transfer of the business, undertaking and assets of such Material                Subsidiary to another member of the                Group. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.9 | **Invalidity                of any Finance Document** |
|------|-------------------------------------------------------|

|   | (a) | in                accordance                with its terms; or |
|--------|-----|----------------------------------------------------------------|

|   | (b) | by                agreement                with the Lenders. |
|--------|-----|--------------------------------------------------------------|

| 23.10 | **Execution                or distress** |
|-------|------------------------------------------|

| 23.11 | **Acceleration** |
|-------|------------------|

|   | (a) | cancel                the                Total Commitments and/or Ancillary Commitments at which time they                shall                immediately be cancelled; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | declare                that                all or part of the Loans, together with accrued interest, and all                other                amounts accrued or outstanding under the Finance Documents be immediately                due and payable, at which time they shall become immediately due                and                payable; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | declare                that                all or part of the Loans be payable on demand, at which time they                shall                immediately become payable on demand by the Agent on the instructions                of                the Majority Lenders; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

45

----

|   | (d) | declare                all                or any part of the amounts (or cash cover in relation to those amounts)                outstanding under the Ancillary Facilities to be immediately due                and                payable, at which time they shall become immediately due and payable;                and/or |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | declare                that                all or any part of the amounts (or cash cover in relation to those                amounts) outstanding under the Ancillary Facilities be payable on                demand,                at which time they shall immediately become payable on demand by                the Agent                on the instructions of the Majority                Lenders. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 23.12 | **Notice** |
|-------|------------|

| 24. | **CHANGES                TO THE LENDERS** |
|-----|-------------------------------------------|

| 24.1 | **Assignments                and Transfers by the                Lenders** |
|------|----------------------------------------------------------------------------|

|   | (a) | assign                any of                its rights; or |
|--------|-----|------------------------------------------------------------|

|   | (b) | transfer                by                novation any of its rights and                obligations, |
|--------|-----|------------------------------------------------------------------------------------------------------|

| 24.2 | **Conditions                of Assignment or Transfer** |
|------|---------------------------------------------------------|

|   | (a) | The                consent                of the Company is required for an assignment or transfer by an Existing                Lender, unless the assignment or transfer is to another Lender or                an                Affiliate of a Lender or a Default is                continuing. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                consent                of the Company to an assignment or transfer must not be unreasonably                withheld or delayed. The Company will be deemed to have given its                consent                14 days after the Existing Lender has requested it unless consent                is                expressly refused by the Company within that                time. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | For                the                avoidance of doubt, the refusal of the Company to give consent to                an                assignment or transfer will be deemed reasonable for the purpose                of this                clause 24.2 if the proposed New Lender                is: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | a                Hedge Fund;                or |
|--------|-----|------------------------------------------------|

|   | (ii) | an                entity                which, in the opinion of the Company, has demonstrated in past                transactions that it is unlikely to be supportive of a lending                relationship with the Company or the Group or any of their                Affiliates. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | When                seeking                to obtain the consent of the Company under this clause, the Existing                Lender must provide the Company                with: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                full                legal name of the proposed New Lender; and |
|--------|-----|-----------------------------------------------------------------------------------|

|   | (ii) | a                copy of any                Confidentiality Undertaking required to be obtained in accordance                with                clause 24.7 (Disclosure of                Information). |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

46

----

|   | (e) | An                assignment                of rights will only be effective                on: |
|--------|-----|-------------------------------------------------------------------------------------------------|

|   | (i) | receipt                by                the Agent of written confirmation from the New Lender (in form and                substance satisfactory to the Agent) that the New Lender will assume                the                same obligations to the other Finance Parties as it would have been                under                if it was an Original Lender; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                performance by the Agent of all necessary “know your customer” or other                similar checks under all applicable laws and regulations in relation                to                such assignment to a New Lender, the completion of which the Agent                shall                promptly notify to the Existing Lender and the New                Lender. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | A                transfer                will only be effective if the procedure set out in clause 24.5 (Procedure                for Transfer) is complied with. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | If: |
|--------|-----|-----|

|   | (i) | a                Lender                assigns or transfers any of its rights or obligations under the Finance                Documents or changes its Facility Office;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | as                a result                of circumstances existing at the date the assignment, transfer or                change                occurs, an Obligor would be obliged to make a payment to the New                Lender or                Lender acting through its new Facility Office under clause 14 (Tax                Gross-Up and Indemnities) or clause 15 (Increased                Costs), |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (h) | In                the case                of a partial assignment, transfer or novation of rights and obligations                under clause 24.1 (Assignments and Transfers by the Lender), a minimum                amount of £5,000,000 (unless to an Affiliate or to a Lender or the Agent                agrees otherwise) must be assigned, transferred or                novated. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 24.3 | **Assignment                or Transfer Fee** |
|------|-----------------------------------------------|

| 24.4 | **Limitation                of Responsibility of Existing                Lenders** |
|------|------------------------------------------------------------------------------------|

|   | (a) | Unless                expressly agreed to the contrary, an Existing Lender makes no                representation or warranty and assumes no responsibility to a New                Lender                for: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                legality,                validity, effectiveness, adequacy or enforceability of the Finance                Documents or any other documents; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                financial                condition of any Obligor; |
|--------|------|-----------------------------------------------------------------------|

|   | (iii) | the                performance and observance by any Obligor of its obligations under                the                Finance Documents or any other documents;                or |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | the                accuracy                of any statements (whether written or oral) made in or in connection                with                any Finance Document or any other                document, |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

47

----

|   | (b) | Each                New                Lender confirms to the Existing Lender and the other Finance Parties                that                it: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | has                made (and                shall continue to make) its own independent investigation and assessment                of the financial condition and affairs of each Obligor and its related                entities in connection with its participation in this agreement and                has                not relied exclusively on any information provided to it by the Existing                Lender in connection with any Finance Document;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | will                continue                to make its own independent appraisal of the creditworthiness of                each                Obligor and its related entities whilst any amount is or may be                outstanding under the Finance Documents or any Commitment is in                force. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Nothing                in                any Finance Document obliges an Existing Lender                to: |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | (i) | accept                a                re-transfer from a New Lender of any of the rights and obligations                assigned or transferred under this clause 24;                or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | support                any                losses directly or indirectly incurred by the New Lender by reason                of the                non-performance by any Obligor of its obligations under the Finance                Documents or otherwise. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 24.5 | **Procedure                for Transfer** |
|------|-------------------------------------------|

|   | (a) | Subject                to                the conditions set out in clause 24.2 (Conditions of Assignment or                Transfer) a transfer is effected in accordance with clause 24.5(c)                when                the Agent executes an otherwise duly completed Transfer Certificate                delivered to it by the Existing Lender and the New Lender. The Agent                shall, subject to clause 24.5(b), as soon as reasonably practicable                after                receipt by it of a duly completed Transfer Certificate appearing                on its                face to comply with the terms of this agreement and delivered in                accordance with the terms of this agreement, execute that Transfer                Certificate. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall only be obliged to execute a Transfer Certificate delivered                to it by                the Existing Lender and the New Lender once it is satisfied it has                complied with all necessary “know your customer” or other similar checks                under all applicable laws and regulations in relation to the transfer                to                such New Lender. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | On                the                Transfer Date: |
|--------|-----|-----------------------------------------------------|

|   | (i) | to                the extent                that in the Transfer Certificate the Existing Lender seeks to transfer                by                novation its rights and obligations under the Finance Documents each                of                the Obligors and the Existing Lender shall be released from further                obligations towards one another under the Finance Documents and their                respective rights against one another under the Finance Documents                shall be                cancelled (being the **“Discharged                Rights and Obligations”**); |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | each                of the                Obligors and the New Lender shall assume obligations towards one                another                and/or acquire rights against one another which differ from the Discharged                Rights and Obligations only insofar as that Obligor and the New Lender                have assumed and/or acquired the same in place of that Obligor and                the                Existing Lender; |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                Agent,                the Arrangers, the New Lender, any other Lenders and any relevant                Ancillary Lender shall acquire the same rights and assume the same                obligations between themselves as they would have acquired and assumed                had                the New Lender been an Original Lender with the rights and/or obligations                acquired or assumed by it as a result of the transfer and to that                extent                the Agent, the Arrangers and the Existing Lender shall each be |
|--------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

48

----

|   | (iv) | the                New                Lender shall become a Party as a“Lender”. |
|--------|------|---------------------------------------------------------------------------------------------|

| 24.6 | **Copy                of Transfer Certificate to                Company** |
|------|---------------------------------------------------------------------------|

| 24.7 | **Disclosure                of Information** |
|------|----------------------------------------------|

|   | (a) | to                (or                through) whom that Lender assigns or transfers (or may potentially                assign                or transfer) all or any of its rights and obligations under this                agreement; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | with                (or                through) whom that Lender enters into (or may potentially enter into)                any                sub-participation in relation to, or any other transaction under                which                payments are to be made by reference to, this agreement or any Obligor;                or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | to                whom, and                to the extent that, information is required to be disclosed by any                applicable law or regulation, |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 25. | **CHANGES                TO THE OBLIGORS** |
|-----|--------------------------------------------|

| 25.1 | **Assignments                and Transfer by Obligors** |
|------|---------------------------------------------------------|

| 25.2 | **Additional                Borrowers** |
|------|-----------------------------------------|

|   | (a) | Subject                to                compliance with the provisions of clause 21.6 (c) and 21.6 (d) (“Know Your                Customer” Checks), the Company may request that any of its wholly owned                Subsidiaries which is a member of the Restricted Group becomes an                Additional Borrower. That Subsidiary shall become an Additional Borrower                if: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | all                the                Lenders approve the addition of that Subsidiary or it is incorporated                in                England and Wales; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                Company                delivers to the Agent a duly completed and executed Accession                Letter; |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | the                Company                confirms that no Default is continuing or would occur as a result                of that                Subsidiary becoming an Additional Borrower;                and |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | the                Agent has                received all of the documents and other evidence listed in part 2                of                schedule 2 (Conditions Precedent) in relation to that Additional                Borrower,                each in form and substance satisfactory to the                Agent. |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall notify the Company and the Lenders promptly upon being satisfied                that it has received (in form and substance satisfactory to it) all                the                documents and other evidence listed in part 2 of schedule 2 (Conditions                Precedent). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

49

----

| 25.3 | **Resignation                of a Borrower** |
|------|----------------------------------------------|

|   | (a) | The                Company                may request that a Borrower (other than the Company) ceases to be                a                Borrower by delivering to the Agent a Resignation                Letter. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall accept a Resignation Letter and notify the Company and the                Lenders                of its acceptance if: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | no                Default is                continuing or would result from the acceptance of the Resignation                Letter                (and the Company has confirmed this is the case);                and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                Borrower                is under no actual or contingent obligations as a Borrower under                any                Finance Documents, |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 25.4 | **Additional                Guarantors** |
|------|------------------------------------------|

|   | (a) | Subject                to                compliance with the provisions of clause 21.6 (c) and 21.6 (d) (“Know Your                Customer” Checks), the Company may request that any of its Subsidiaries                become an Additional Guarantor. That Subsidiary shall become an Additional                Guarantor if: |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                Company                delivers to the Agent a duly completed and executed Accession Letter;                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | the                Agent has                received all of the documents and other evidence listed in part 2                of                schedule 2 (Conditions Precedent) in relation to that Additional                Guarantor, each in form and substance satisfactory to the                Agent. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall notify the Company and the Lenders promptly upon being satisfied                that it has received (in form and substance satisfactory to it) all                the                documents and other evidence listed in part 2 of schedule 2 (Conditions                Precedent). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 25.5 | **Resignation                of a Guarantor** |
|------|-----------------------------------------------|

|   | (a) | The                Company                may request that a Guarantor (other than the Company) ceases to be                a                Guarantor by delivering to the Agent a Resignation                Letter. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall accept a Resignation Letter and notify the Company and the                Lenders                of its acceptance if: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | no                Default is                continuing or would result from the acceptance of the Resignation                Letter                (and the Company has confirmed this is the case); |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | no                payment is                due from the Guarantor under clause 19 (Guarantee and Indemnity);                and |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | all                the                Lenders have consented to the Company’s                request. |
|--------|-------|-------------------------------------------------------------------------------------------------------------|

| 25.6 | **Repetition                of Representations** |
|------|--------------------------------------------------|

50

----

| 26. | **ROLE                OF THE AGENT AND THE **ARRANGERS**** |
|-----|------------------------------------------------------------|

| 26.1 | **Appointment                of the Agent** |
|------|---------------------------------------------|

|   | (a) | Each                other                Finance Party (other than the Agent) appoints the Agent to act as                its                agent under and in connection with the Finance                Documents. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                other                Finance Party irrevocably authorises the Agent to exercise the rights,                powers, authorities and discretions specifically given to the Agent                under                or in connection with the Finance Documents together with any other                incidental rights, powers, authorities and                discretions. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.2 | **Duties                of the Agent** |
|------|----------------------------------------|

|   | (a) | The                Agent                shall promptly forward to a Party the original or a copy of any document                which is delivered to the Agent for that Party by any other                Party. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Except                where                a Finance Document specifically provides otherwise, the Agent is                not                obliged to review or check the adequacy, accuracy or completeness                of any                document it forwards to another                Party. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | If                the Agent                receives notice from a Party referring to this agreement, describing                a                Default and stating that the circumstance described is a Default,                it shall                promptly notify the Finance                Parties. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | If                the Agent                is aware of the non-payment of any principal, interest, commitment                fee or                other fee payable to a Finance Party (other than the Agent or the                Arrangers) under this agreement it shall promptly notify the other                Finance                Parties. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                Agent’s                duties under the Finance Documents are solely mechanical and                administrative in nature. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.3 | **Role                of the Arranger** |
|------|-----------------------------------------|

| 26.4 | **No                Fiduciary Duties** |
|------|----------------------------------------|

|   | (a) | Nothing                in                this agreement constitutes the Agent or any Arranger as a trustee                or                fiduciary of any other person. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Neither                the                Agent nor any Arranger shall be bound to account to any Lender for                any sum                or the profit element of any sum received by it for its own                account. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.5 | **Business                with the Group** |
|------|--------------------------------------------|

| 26.6 | **Rights                and Discretions of the                Agent** |
|------|-----------------------------------------------------------------------|

|   | (a) | The                Agent may                rely on: |
|--------|-----|------------------------------------------------------|

|   | (i) | any                representation, notice or document believed by it to be genuine,                correct                and appropriately authorised; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

51

----

|   | (ii) | any                statement                made by a director, authorised signatory or employee of any person                regarding any matters which may reasonably be assumed to be within                his                knowledge or within his power to                verify. |
|--------|------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent may                assume (unless it has received notice to the contrary in its capacity                as                agent for the Lenders) that: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | no                Default                has occurred (unless it has actual knowledge of a Default arising                under                clause 23.1 (Non-Payment)); |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | any                right,                power, authority or discretion vested in any Party or the Majority                Lenders                has not been exercised; and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | any                notice or                request made by the Company (other than a Utilisation Request) is                made on                behalf of and with the consent and knowledge of all the                Obligors. |
|--------|-------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent may                engage, pay for and rely on the advice or services of any lawyers,                accountants, surveyors or other                experts. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | The                Agent may                act in relation to the Finance Documents through its personnel and                agents. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                Agent may                disclose to any other Party any information it reasonably believes                it has                received as agent under this                agreement. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Notwithstanding                any other provision of any Finance Document to the contrary, neither                the                Agent nor any Arranger is obliged to do or omit to do anything if                it would                or might in its reasonable opinion constitute a breach of any law                or                regulation or a breach of a fiduciary duty or duty of                confidentiality. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.7 | **Majority                Lenders’ Instructions** |
|------|---------------------------------------------------------|

|   | (a) | Unless                a                contrary indication appears in a Finance Document, the Agent                shall: |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------|

|   | (i) | exercise                any                right, power, authority or discretion vested in it as Agent in accordance                with any instructions given to it by the Majority Lenders (or, if                so                instructed by the Majority Lenders, refrain from exercising any right,                power, authority or discretion vested in it as Agent);                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | not                be liable                for any act (or omission) if it acts (or refrains from taking any                action)                in accordance with an instruction of the Majority                Lenders. |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Unless                a                contrary indication appears in a Finance Document, any instructions                given                by the Majority Lenders will be binding on all the Finance                Parties. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent may                refrain from acting in accordance with the instructions of the Majority                Lenders (or, if appropriate, the Lenders) until it has received such                security as it may require for any cost, loss or liability (together                with                any associated VAT) which it may incur in complying with the                instructions. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | In                the                absence of instructions from the Majority Lenders, (or, if appropriate,                the Lenders) the Agent may act (or refrain from taking action) as                it                considers to be in the best interest of the                Lenders. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                Agent is                not authorised to act on behalf of a Lender (without first obtaining                that                Lender’s consent) in any legal or arbitration proceedings relating to any                Finance Document. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

52

----

| 26.8 | **Responsibility                for Documentation** |
|------|-----------------------------------------------------|

|   | (a) | is                responsible for the adequacy, accuracy and/or completeness of any                information (whether oral or written) supplied by the Agent, an Arranger,                an Obligor or any other person given in or in connection with any                Finance                Document; or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | is                responsible for the legality, validity, effectiveness, adequacy or                enforceability of any Finance Document or any other agreement, arrangement                or document entered into, made or executed in anticipation of or                in                connection with any Finance                Document. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.9 | **Exclusion                of Liability** |
|------|-------------------------------------------|

|   | (a) | Without                limiting clause 26.9(b), (and without prejudice to the provisions                of                clause 29.10(e) (Disruption to Payment Systems etc.), the Agent will                not                be liable (including, without limitation, for negligence or any other                category of liability whatsoever) for any action taken by it under                or in                connection with any Finance Document, unless directly caused by its                gross                negligence or wilful misconduct. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | No                Party                (other than the Agent) may take any proceedings against any officer,                employee or agent of the Agent in respect of any claim it might have                against the Agent or in respect of any act or omission of any kind                by that                officer, employee or agent in relation to any Finance Document and                any                officer, employee or agent of the Agent may rely on this clause subject                to                clause 1.3 (Third Party Rights) and the provisions of the Third Parties                Act. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent                will not be liable for any delay (or any related consequences) in                crediting an account with an amount required under the Finance Documents                to be paid by the Agent if the Agent has taken all necessary steps                as soon                as reasonably practicable to comply with the regulations or operating                procedures of any recognised clearing or settlement system used by                the                Agent for that purpose. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | Nothing                in                this agreement shall oblige the Agent or an Arranger to carry out                any                “know your customer” or other checks in relation to any person on behalf                of any Lender and each Lender confirms to the Agent and the Arrangers                that                it is solely responsible for any such checks it is required to carry                out                and that it may not rely on any statement in relation to such checks                made                by the Agent or the Arrangers. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.10 | **Lenders’                Indemnity to the Agent** |
|-------|----------------------------------------------------------|

53

----

| 26.11 | **Resignation                of the Agent** |
|-------|---------------------------------------------|

|   | (a) | The                Agent may                resign and appoint one of its Affiliates acting through an office                in the                United Kingdom as successor by giving notice to the other Finance                Parties                and the Company. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Alternatively                the Agent may resign by giving notice to the other Finance Parties                and the                Company, in which case the Majority Lenders (after consultation with                the                Company) may appoint a successor                Agent. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | If                the                Majority Lenders have not appointed a successor Agent in accordance                with                clause 26.11(b) within 30 days after notice of resignation was given,                the                Agent (after consultation with the Company) may appoint a successor                Agent                (acting through an office in the United                Kingdom). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | The                retiring                Agent shall, at its own cost, make available to the successor Agent                such                documents and records and provide such assistance as the successor                Agent                may reasonably request for the purposes of performing its functions                as                Agent under the Finance Documents. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | The                Agent’s                resignation notice shall only take effect upon the appointment of                a                successor. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (f) | Upon                the                appointment of a successor, the retiring Agent shall be discharged                from                any further obligation in respect of the Finance Documents but shall                remain entitled to the benefit of this clause 26. Its successor and                each                of the other Parties shall have the same rights and obligations amongst                themselves as they would have had if such successor had been an original                Party. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (g) | After                consultation with the Company, the Majority Lenders may, by notice                to the                Agent, require it to resign in accordance with clause 26.11(b). In                this                event, the Agent shall resign in accordance with clause                26.11(b). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.12 | **Confidentiality** |
|-------|---------------------|

|   | (a) | In                acting as                agent for the Finance Parties, the Agent shall be regarded as acting                through its agency division which shall be treated as a separate                entity                from any other of its divisions or                departments. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                information is received by another division or department of the                Agent, it                may be treated as confidential to that division or department and                the                Agent shall not be deemed to have notice of                it. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.13 | **Relationship                with the Lenders** |
|-------|--------------------------------------------------|

|   | (a) | The                Agent may                treat each Lender as a Lender, entitled to payments under this agreement                and acting through its Facility Office unless it has received not                less                than five Business Days’ prior notice from that Lender to the contrary in                accordance with the terms of this                agreement. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Each                Lender                shall supply the Agent with any information required by the Agent                in order                to calculate the Mandatory Cost in accordance with schedule 4 (Mandatory                Cost Formulae). |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

54

----

| 26.14 | **Credit                Appraisal by the Lenders** |
|-------|----------------------------------------------------|

|   | (a) | the                financial                condition, status and nature of each member of the                Group; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                legality,                validity, effectiveness, adequacy or enforceability of any Finance                Document and any other agreement, arrangement or document entered                into,                made or executed in anticipation of, under or in connection with                any                Finance Document; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | whether                that                Lender has recourse, and the nature and extent of that recourse,                against                any Party or any of its respective assets under or in connection                with any                Finance Document, the transactions contemplated by the Finance Documents                or any other agreement, arrangement or document entered into, made                or                executed in anticipation of, under or in connection with any Finance                Document; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | the                adequacy,                accuracy and/or completeness of any information provided by the Agent,                any                Party or by any other person under or in connection with any Finance                Document, the transactions contemplated by the Finance Documents                or any                other agreement, arrangement or document entered into, made or executed                in                anticipation of, under or in connection with any Finance                Document. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 26.15 | **Reference                Banks** |
|-------|------------------------------------|

| 26.16 | **Agent’s                Management Time** |
|-------|--------------------------------------------------|

| 26.17 | **Deduction                from Amounts Payable by the                Agent** |
|-------|-------------------------------------------------------------------------------|

| 27. | **CONDUCT                OF BUSINESS BY THE FINANCE                PARTIES** |
|-----|------------------------------------------------------------------------------|

|   | (a) | interfere                with the right of any Finance Party to arrange its affairs (tax or                otherwise) in whatever manner it thinks                fit; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | oblige                any                Finance Party to investigate or claim any credit, relief, remission                or                repayment available to it or the extent, order and manner of any                claim;                or |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

55

----

|   | (c) | oblige                any                Finance Party to disclose any information relating to its affairs                (tax or                otherwise) or any computations in respect of                Tax. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 28. | **SHARING                AMONG THE FINANCE PARTIES** |
|-----|------------------------------------------------------|

| 28.1 | **Payments                to Finance Parties** |
|------|------------------------------------------------|

|   | (a) | the                Recovering Finance Party shall, within three Business Days, notify                details                of the receipt or recovery, to the                Agent; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                Agent                shall determine whether the receipt or recovery is in excess of the                amount                the Recovering Finance Party would have been paid had the receipt                or                recovery been received or made by the Agent and distributed in accordance                with clause 29 (Payment Mechanics), without taking account of any                Tax                which would be imposed on the Agent in relation to the receipt, recovery                or distribution; and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the                Recovering Finance Party shall, within three Business Days of demand                by                the Agent, pay to the Agent an amount (the **“Sharing                Payment”**)                equal to                such receipt or recovery less any amount which the Agent determines                may be                retained by the Recovering Finance Party as its share of any payment                to be                made, in accordance with clause 29.5 (Partial                Payments). |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 28.2 | **Redistribution                of Payments** |
|------|-----------------------------------------------|

| 28.3 | **Recovering                Finance Party’s Rights** |
|------|------------------------------------------------------------|

|   | (a) | On                a                distribution by the Agent under clause 28.2 (Redistribution of Payments),                the Recovering Finance Party will be subrogated to the rights of                the                Finance Parties which have shared in the                redistribution. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                and to the                extent that the Recovering Finance Party is not able to rely on its                rights                under clause 28.3(a), the relevant Obligor shall be liable to the                Recovering Finance Party for a debt equal to the Sharing Payment                which is                immediately due and payable. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 28.4 | **Reversal                of Redistribution** |
|------|-----------------------------------------------|

|   | (a) | each                Finance                Party which has received a share of the relevant Sharing Payment                pursuant                to clause 28.2 (Redistribution of Payments) shall, upon request of                the                Agent, pay to the Agent for account of that Recovering Finance Party                an                amount equal to the appropriate part of its share of the Sharing                Payment                (together with an amount as is necessary to reimburse that Recovering                Finance Party for its proportion of any interest on the Sharing Payment                which that Recovering Finance Party is required to pay);                and |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | that                Recovering Finance Party’s rights of subrogation in respect of any                reimbursement shall be cancelled and the relevant Obligor will be                liable                to the reimbursing Lender for the amount so                reimbursed. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

56

----

| 28.5 | **Exceptions** |
|------|----------------|

|   | (a) | This                clause                28 shall not apply to the extent that the Recovering Finance Party                would                not, after making any payment pursuant to this clause, have a valid                and                enforceable claim against the relevant                Obligor. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | A                Recovering                Finance Party is not obliged to share with any other Lender any amount                which the Recovering Finance Party has received or recovered as a                result                of taking legal or arbitration proceedings,                if: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | it                notified                that other Finance Party of the legal or arbitration proceedings;                and |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | that                other                Finance Party had an opportunity to participate in those legal or                arbitration proceedings but did not do so as soon as reasonably                practicable having received notice and did not take separate legal                or                arbitration proceedings. |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29. | **PAYMENT                MECHANICS** |
|-----|--------------------------------------|

| 29.1 | **Payments                to the Agent** |
|------|------------------------------------------|

|   | (a) | On                each date                on which an Obligor or a Lender is required to make a payment under                a                Finance Document, that Obligor or Lender shall make the same available                to                the Agent (unless a contrary indication appears in a Finance Document)                for                value on the due date at the time and in such funds specified by                the Agent                as being customary at the time for settlement of transactions in                the                relevant currency in the place of                payment. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Payment                shall                be made to such account in the principal financial centre of the                country                of that currency (or, in relation to euro, in a principal financial                centre                in a Participating Member State or London) with such bank as the                Agent                specifies. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29.2 | **Distributions                by the Agent** |
|------|-----------------------------------------------|

| 29.3 | **Distributions                to an Obligor** |
|------|------------------------------------------------|

| 29.4 | **Clawback** |
|------|--------------|

|   | (a) | Where                a sum                is to be paid to the Agent under the Finance Documents for another                Party,                the Agent is not obliged to pay that sum to that other Party (or                to enter                into or perform any related exchange contract) until it has been                able to                establish to its satisfaction that it has actually received that                sum. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

57

----

|   | (b) | If                the Agent                pays an amount to another Party and it proves to be the case that                the                Agent had not actually received that amount, then the Party to whom                that                amount (or the proceeds of any related exchange contract) was paid                by the                Agent shall on demand refund the same to the Agent together with                interest                on that amount from the date of payment to the date of receipt by                the                Agent, calculated by the Agent to reflect its cost of                funds. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29.5 | **Partial                Payments** |
|------|-------------------------------------|

|   | (a) | If                the Agent                receives a payment that is insufficient to discharge all the amounts                then                due and payable by an Obligor under the Finance Documents, the Agent                shall                apply that payment towards the obligations of that Obligor under                the                Finance Documents in the following                order: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | **first**,                in or                towards payment pro rata of any unpaid fees, costs and expenses of                the                Agent under the Finance Documents; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | **secondly**,                in or                towards payment pro rata of any accrued interest, fee or commission                due                but unpaid under this agreement; |
|--------|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | **thirdly**,                in or                towards payment pro rata of any principal due but unpaid under this                agreement; and |
|--------|-------|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | **fourthly**,                in or                towards payment pro rata of any other sum due but unpaid under the                Finance                Documents. |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent                shall, if so directed by the Lenders, vary the order set out in clause                29.5(a)(ii) to (iv). |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Clauses                29.5(a) and (b) will override any appropriation made by an                Obligor. |
|--------|-----|-----------------------------------------------------------------------------------------------------------|

| 29.6 | **No                Set-Off by Obligors** |
|------|-------------------------------------------|

| 29.7 | **Business                Days** |
|------|----------------------------------|

|   | (a) | Any                payment                which is due to be made on a day that is not a Business Day shall                be made                on the next Business Day in the same calendar month (if there is                one) or                the preceding Business Day (if there is                not). |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | During                any                extension of the due date for payment of any principal or Unpaid                Sum under                this agreement interest is payable on the principal or Unpaid Sum                at the                rate payable on the original due                date. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29.8 | **Currency                of Account** |
|------|----------------------------------------|

|   | (a) | Subject                to                clause 29.8(b) to (e), the Base Currency is the currency of account                and                payment for any sum due from an Obligor under any Finance                Document. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | A                repayment                of a Loan or Unpaid Sum or a part of a Loan or Unpaid Sum shall be                made in                the currency in which that Loan or Unpaid Sum is denominated on its                due                date. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | Each                payment                of interest shall be made in the currency in which the sum in respect                of                which the interest is payable was denominated when that interest                accrued. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

58

----

|   | (d) | Each                payment                in respect of costs, expenses or Taxes shall be made in the currency                in                which the costs, expenses or Taxes are                incurred. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | Any                amount                expressed to be payable in a currency other than the Base Currency                shall                be paid in that other currency. |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29.9 | **Change                of Currency** |
|------|---------------------------------------|

|   | (a) | Unless                otherwise prohibited by law, if more than one currency or currency                unit                are at the same time recognised by the central bank of any country                as the                lawful currency of that country,                then: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | any                reference                in the Finance Documents to, and any obligations arising under the                Finance                Documents in, the currency of that country shall be translated into,                or                paid in, the currency or currency unit of that country designated                by the                Agent (after consultation with the Company);                and |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (ii) | any                translation from one currency or currency unit to another shall be                at the                official rate of exchange recognised by the central bank for the                conversion of that currency or currency unit into the other, rounded                up or                down by the Agent (acting                reasonably). |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | If                a change                in any currency of a country occurs, this agreement will, to the                extent                the Agent (acting reasonably and after consultation with the Company)                specifies to be necessary, be amended to comply with any generally                accepted conventions and market practice in the Relevant Interbank                Market                and otherwise to reflect the change in                currency. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 29.10 | **Disruption                to Payment System etc.** |
|-------|------------------------------------------------------|

|   | (a) | the                Agent                may, and shall if requested to do so by the Company, consult with                the                Company with a view to agreeing with the Company such changes to                the                operation or administration of the Facility as the Agent may deem                necessary in the circumstances; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | the                Agent                shall not be obliged to consult with the Company in relation to any                changes mentioned in paragraph (a) if, in its opinion, it is not                practicable to do so in the circumstances and, in any event, shall                have no                obligation to agree to such                changes; |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | the                Agent may                consult with the Finance Parties in relation to any changes mentioned                in                paragraph (a) but shall not be obliged to do so if, in its opinion,                it is                not practicable to do so in the                circumstances; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | any                such                changes agreed upon by the Agent and the Company shall (whether or                not it                is finally determined that a Disruption Event has occurred) be binding                upon the Parties as an amendment to (or, as the case may be, waiver                of)                the terms of the Finance Documents notwithstanding the provisions                of                clause 35 (Amendments and Waivers); |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | the                Agent                shall not be liable for any damages, costs of losses whatsoever                (including, without limitation for negligence, gross negligence or                any                other category of liability whatsoever but not including any claim                based                on the fraud of the Agent) arising as a result of its taking, or                failing                to take, any actions pursuant to or in connection with this clause                29.10;                and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

59

----

|   | (f) | the                Agent                shall notify the Finance Parties of all changes agreed pursuant to                paragraph (d) above. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------|

| 30. | **SET-OFF** |
|-----|-------------|

| 31. | **NOTICES,                EMAIL OR ANY ELECTRONIC COMMUNICATION APPROVED BY THE                AGENT** |
|-----|--------------------------------------------------------------------------------------------------------|

| 31.1 | **Communications                in Writing** |
|------|----------------------------------------------|

| 31.2 | **Addresses** |
|------|---------------|

|   | (a) | The                address                and fax number (and the department or officer, if any, for whose                attention                the communication is to be made) of each Party for any communication                or                document to be made or delivered under or in connection with the                Finance                Documents is: |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | in                the case                of the Company, that identified with its name                below; |
|--------|-----|---------------------------------------------------------------------------------------------------------------|

|   | (ii) | in                the case                of each Lender, that notified in writing to the Agent on or prior                to the                date on which it becomes a Party;                and |
|--------|------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | in                the case                of the Agent, that identified with its name                below, |
|--------|-------|-------------------------------------------------------------------------------------------------------------|

|   | (b) | The                address                and fax number of the Agent are: |
|--------|-----|----------------------------------------------------------------------------|

60

----

|   | (c) | The                address                and fax number of the Company: |
|--------|-----|--------------------------------------------------------------------------|

| 31.3 | **Delivery** |
|------|--------------|

|   | (a) | Any                communication or document made or delivered by one person to another                under                or in connection with the Finance Documents will only be                effective: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | if                by way of                fax, when received in legible form; |
|--------|-----|--------------------------------------------------------------------------------|

|   | (ii) | if                by way of                letter, when it has been left at the relevant address or five Business                Days after being deposited in the post postage prepaid in an envelope                addressed to it at that address; or |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | if                by way of                email or any other electronic communication, when                received, |
|--------|-------|-----------------------------------------------------------------------------------------------------------------------|

|   | (b) | Any                communication or document to be made or delivered to the Agent will                be                effective only when actually received by the Agent and then only                if it is                expressly marked for the attention of the department or officer identified                with the Agent’s signature below (or any substitute department or officer                as the Agent shall specify for this                purpose). |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | All                notices                from or to an Obligor shall be sent through the                Agent. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------|

|   | (d) | Any                communication or document made or delivered to the Company in accordance                with this clause will be deemed to have been made or delivered to                each of                the Obligors. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.4 | **Notification                of Address and Fax Number** |
|------|-----------------------------------------------------------|

| 31.5 | **Electronic                Communication** |
|------|---------------------------------------------|

|   | (a) | Any                communication to be made between the Parties under or in connection                with                the Finance Documents may be made by electronic mail or other electronic                means, if the Agent and the relevant                Party: |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | agree                that,                unless and until notified to the contrary, this is to be an accepted                form                of communication (and each Party agrees that electronic mail is an                accepted form unless a Party notifies the Agent otherwise (and immediately                upon such notification the Agent will notify all                Parties)); |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

61

----

|   | (ii) | notify                each                other in writing of any information required to enable the sending                and                receipt of information by that means;                and |
|--------|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | notify                each                other of any change to any such information supplied by                them. |
|--------|-------|------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Any                electronic communication will be effective only when actually received                in                readable form and in the case of any electronic communication made                by a                Lender to the Agent only if it is addressed in such a manner as the                Agent                shall specify for this purpose. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 31.6 | **English                Language** |
|------|-------------------------------------|

|   | (a) | Any                notice                given under or in connection with any Finance Document must be in                English. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | All                other                documents provided under or in connection with any Finance Document                must                be: |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (i) | in                English;                or |
|--------|-----|----------------------------------------------|

|   | (ii) | if                not in                English, and if so required by the Agent, accompanied by a certified                English translation and, in this case, the English translation will                prevail unless the document is a constitutional, statutory or other                official document. |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 32. | **CALCULATIONS                AND CERTIFICATES** |
|-----|--------------------------------------------------|

| 32.1 | **Accounts** |
|------|--------------|

| 32.2 | **Certificates                and Determinations** |
|------|----------------------------------------------------|

| 32.3 | **Day                Count Convention** |
|------|-----------------------------------------|

| 33. | **PARTIAL                INVALIDITY** |
|-----|---------------------------------------|

62

----

| 34. | **REMEDIES                AND WAIVERS** |
|-----|-----------------------------------------|

| 35. | **AMENDMENTS                AND WAIVERS** |
|-----|-------------------------------------------|

| 35.1 | **Required                Consents** |
|------|--------------------------------------|

|   | (a) | Subject                to                clause 35.2 (Exceptions) any term of the Finance Documents may be                amended                or waived only with the consent of the Company and the Majority Lenders                and any such amendment or waiver will be binding on all                Parties. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Agent may                effect, on behalf of any Finance Party, any amendment or waiver permitted                by this clause. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | The                Agent                shall promptly notify the other Parties of any amendment or waiver                effected under this clause 35. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 35.2 | **Exceptions** |
|------|----------------|

|   | (a) | An                amendment                or waiver that has the effect of changing or which relates                to: |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------|

|   | (i) | the                definition of “Majority Lenders” in clause 1.1                (Definitions); |
|--------|-----|-------------------------------------------------------------------------------------------------------------|

|   | (ii) | an                extension                to the date of payment of any amount under the Finance                Documents; |
|--------|------|-----------------------------------------------------------------------------------------------------------------------------|

|   | (iii) | a                reduction                in the Margin or a reduction in the amount of any payment of principal,                interest, fees or commission                payable; |
|--------|-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (iv) | an                increase                in or an extension of any                Commitment; |
|--------|------|------------------------------------------------------------------------------------------------|

|   | (v) | a                change to                the Borrowers or Guarantors other than in accordance with clause                25                (Changes to the Obligors); |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (vi) | any                provision                which expressly requires the consent of all the                Lenders; |
|--------|------|---------------------------------------------------------------------------------------------------------------------|

|   | (vii) | clause                2.2                (Finance Parties’ Rights and Obligations), clause 24 (Changes to the                Lenders), clause 28 (Sharing Among the Finance Parties) or this clause                35, |
|--------|-------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | An                amendment                or waiver which relates to the rights or obligations of the Agent                may not                be effected without the consent of the                Agent. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 36. | **COUNTERPARTS** |
|-----|------------------|

| 37. | **GOVERNING                LAW** |
|-----|----------------------------------|

63

----

| 38. | **ENFORCEMENT** |
|-----|-----------------|

| 38.1 | **Jurisdiction** |
|------|------------------|

|   | (a) | The                courts of                England have exclusive jurisdiction to settle any dispute arising                out of                or in connection with this agreement (including a dispute regarding                the                existence, validity or termination of this agreement) (a **“Dispute”**). |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | The                Parties                agree that the courts of England are the most appropriate and convenient                courts to settle Disputes and accordingly no Party will argue to                the                contrary. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | This                clause                38.1 is for the benefit of the Finance Parties only. As a result,                no                Finance Party shall be prevented from taking proceedings relating                to a                Dispute in any other courts with jurisdiction. To the extent allowed                by                law, the Finance Parties may take concurrent proceedings in any number                of                jurisdictions. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 38.2 | **Service                of Process** |
|------|---------------------------------------|

|   | (a) | irrevocably                appoints the Company as its agent for service of process in relation                to                any proceedings before the English courts in connection with any                Finance                Document; and |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | agrees                that                failure by a process agent to notify the relevant Obligor of the                process                will not invalidate the proceedings                concerned. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

64

----

| **Name                of Original Lender**                              |   | **Commitment                (£)** |
|-------------------------------------------------------------------------|--------|----------------------------------------|
| Citibank,                N.A.                                           |   | 56,666,666.67                          |
| Commerzbank                AG London Branch                             |   | 56,666,666.67                          |
| Deutsche                Bank                AG, London Branch           |   | 56,666,666.67                          |
| Dresdner                Bank                AG Niederlassung Luxembourg |   | 56,666,666.67                          |
| HSBC                Bank                plc                             |   | 56,666,666.67                          |
| JPMorgan                Chase Bank, N.A.                                |   | 56,666,666.67                          |
| Lloyds                TSB                Bank PLC                       |   | 56,666,666.67                          |
| Morgan                Stanley Bank                                      |   | 56,666,666.67                          |
| Société                Générale                     |   | 56,666,666.67                          |
| Standard                Chartered Bank                                  |   | 56,666,666.67                          |
| The                Royal                Bank of Scotland plc            |   | 56,666,666.63                          |
| UBS                Limited                                              |   | 56,666,666.67                          |
|                                                                    |   |                                        |
| **TOTAL**                                                               |   | £680,000,000                      |

65

----

| 1. | **The                Company** |
|----|--------------------------------|

| 1.1 | A                copy of the                constitutional documents of the                Company. |
|-----|-----------------------------------------------------------------------------------------------------|

| 1.2 | A                copy of a                resolution of the board of directors of the                Company: |
|-----|---------------------------------------------------------------------------------------------------------------|

|   | (a) | approving                the                terms of, and the transactions contemplated by, the Finance Documents                and                resolving that it execute the Finance Documents to which it is a                party; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | authorising                a                specified person or persons to execute the Finance Documents to which                it                is a party on its behalf; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | authorising                a                specified person or persons, on its behalf, to sign and/or despatch                all                documents and notices (including, if relevant, any Utilisation Request)                to                be signed and/or despatched by it under or in connection with the                Finance                Documents to which it is a party. |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.3 | A                specimen of                the signature of each person authorised by the resolution referred                to in                paragraph 1.2(b). |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.4 | A                certificate                of the Company (signed by a director or the Company’s secretary)                confirming that borrowing the Total Commitments would not cause any                borrowing limit binding on the Company to be                exceeded. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.5 | A                certificate                of an authorised signatory of the Company certifying that each copy                document relating to it specified in this part 1 of schedule 2 is                correct,                complete and in full force and effect as at a date no earlier than                the                Signing Date. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | **Legal                Opinions** |
|----|-----------------------------------|

| 3. | **Existing                Facility Agreement** |
|----|------------------------------------------------|

66

----

| 1. | An                Accession                Letter, duly executed by the Additional Obligor and the                Company. |
|----|----------------------------------------------------------------------------------------------------------------------------|

| 2. | A                copy of the                constitutional documents of the Additional                Obligor. |
|----|----------------------------------------------------------------------------------------------------------------|

| 3. | A                copy of a                resolution of the board of directors of the Additional                Obligor: |
|----|--------------------------------------------------------------------------------------------------------------------------|

| 3.1 | approving                the                terms of, and the transactions contemplated by, the Accession Letter                and                the Finance Documents and resolving that it execute the Accession                Letter; |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | authorising                a                specified person or persons to execute the Accession Letter on its                behalf;                and |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.3 | authorising                a                specified person or persons, on its behalf, to sign and/or despatch                all                other documents and notices (including, in relation to an Additional                Borrower, any Utilisation Request) to be signed and/or despatched                by it                under or in connection with the Finance                Documents. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | A                specimen of                the signature of each person authorised by the resolution referred                to in                paragraph 3. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | A                copy of a                resolution signed by all the holders of the issued shares of the                Additional Obligor, approving the terms of, and the transactions                contemplated by, the Finance Documents to which the Additional Obligor                is                a party. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | A                certificate                of the Additional Obligor (signed by a director) confirming that                borrowing                or guaranteeing, as appropriate, the Total Commitments would not                cause any                borrowing, guaranteeing or similar limit binding on it to be                exceeded. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | A                certificate                of an authorised signatory of the Additional Obligor certifying that                each                copy document listed in this part 2 of schedule 2 is correct, complete                and                in full force and effect as at a date no earlier than the date of                the                Accession Letter. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | A                copy of any                other Authorisation or other document, opinion or assurance which                the                Agent considers to be necessary or desirable in connection with the                entry                into and performance of the transactions contemplated by the Accession                Letter or for the validity and enforceability of any Finance                Document. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9. | If                available,                the latest audited financial statements of the Additional                Obligor. |
|----|-------------------------------------------------------------------------------------------------------------------------------|

| 10. | A                legal                opinion of Allen & Overy, legal advisers to the Arrangers and the                Agent in England. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | If                the                Additional Obligor is incorporated in a jurisdiction other than England                and Wales, a legal opinion of the legal advisers to the Arrangers                and the                Agent in the jurisdiction in which the Additional Obligor is                incorporated. |
|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

67

----

| 1. | We                refer to                the Agreement. This is a Utilisation Request. Terms defined in the                Agreement have the same meaning in this Utilisation Request unless                given a                different meaning in this Utilisation                Request. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | We                wish to                borrow a Loan on the following                terms: |
|----|-----------------------------------------------------------------------------------------------|

|   | Proposed                Utilisation Date: | [___________]                (or, if                that is not a Business Day, the next Business                Day) |
|--------|-------------------------------------------|-----------------------------------------------------------------------------------------------------------------------|

|   | Currency                of                Loan: | [___________] |
|--------|-------------------------------------------------|---------------|

|   | Amount: | [___________]                or, if                less, the Available Facility |
|--------|---------|---------------------------------------------------------------------------------|

|   | Interest                Period: | [___________] |
|--------|---------------------------------|---------------|

| 3. | We                confirm                that each condition specified in clause 4.2 (Further Conditions Precedent)                is satisfied on the date of this Utilisation                Request. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The                proceeds                of this Loan should be credited to [***account***]. |
|----|------------------------------------------------------------------------------------------------|

| 5. | This                Utilisation Request is irrevocable. |
|----|---------------------------------------------------------|

----

68

----

| 1. | The                Mandatory                Cost is an addition to the interest rate to compensate Lenders for                the                cost of compliance with (a) the requirements of the Bank of England                and/or                the Financial Services Authority (or, in either case, any other authority                which replaces all or any of its functions) or (b) the requirements                of the                European Central Bank. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | On                the first                day of each Interest Period (or as soon as possible thereafter) the                Agent                shall calculate, as a percentage rate, a rate (the **“Additional                Cost Rate”**)                for each                Lender, in accordance with the paragraphs set out below. The Mandatory                Cost will be calculated by the Agent as a weighted average of the                Lenders’                Additional Cost Rates (weighted in proportion to the percentage                participation of each Lender in the relevant Loan) and will be expressed                as a percentage rate per annum. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The                Additional Cost Rate for any Lender lending from a Facility Office                in a                Participating Member State will be the percentage notified by that                Lender                to the Agent. This percentage will be certified by that Lender in                its                notice to the Agent to be its reasonable determination of the cost                (expressed as a percentage of that Lender’s participation in all Loans                made from that Facility Office) of complying with the minimum reserve                requirements of the European Central Bank in respect of loans made                from                that Facility Office. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The                Additional Cost Rate for any Lender lending from a Facility Office                in the                United Kingdom will be calculated by the Agent as                follows: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | in                relation                to a sterling Loan: |
|--------|-----|---------------------------------------------------------------|

|   | *AB*+ *C*(*B**-**D*)                  + *E* x                    0.01 | per                    cent. per                    annum |
|--------|-----------------------------------------------------------------------|-----------------------------------------------------------|
|   | 100 - (*A* + *C*)                                                     |

|   | (b) | in                relation                to a Loan in any currency other than                sterling: |
|--------|-----|---------------------------------------------------------------------------------------------------------|

| *E* x                0.01 | per                  cent. per                  annum. |
|---------------------------|--------------------------------------------------------|
| 300                       |

|   | A | is                the                percentage of Eligible Liabilities (assuming these to be in excess                of any                stated minimum) which that Lender is from time to time required to                maintain as an interest free cash ratio deposit with the Bank of                England                to comply with cash ratio                requirements. |
|--------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | B | is                the                percentage rate of interest (excluding the Margin and the Mandatory                Cost                and, if the Loan is an Unpaid Sum, the additional rate of interest                specified in clause 10.3(a) (Default Interest)) payable for the relevant                Interest Period on the Loan. |
|--------|---|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | C | is                the                percentage (if any) of Eligible Liabilities which that Lender is                required                from time to time to maintain as interest bearing Special Deposits                with                the Bank of England. |
|--------|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | D | is                the                percentage rate per annum payable by the Bank of England to the Agent                on                interest bearing Special Deposits. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

69

----

|   | E | is                designed                to compensate Lenders for amounts payable under the Fees Rules and                is                calculated by the Agent as being the average of the most recent rates                of                charge supplied by the Reference Banks to the Agent pursuant to paragraph                7 below and expressed in pounds per£1,000,000. |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5. | For                the                purposes of this schedule: |
|----|------------------------------------------------------------------|

|   | (a) | **“Eligible                Liabilities”**                and                **“Special                Deposits”**                have the                meanings given to them from time to time under or pursuant to the                Bank of                England Act 1998 or (as may be appropriate) by the Bank of                England; |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | **“Fees                Rules”**                means the                rules on periodic fees contained in the FSA Supervision Manual or                such                other law or regulation as may be in force from time to time in respect                of                the payment of fees for the acceptance of                deposits; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | **“Fee                Tariffs”**                means the                fee tariffs specified in the Fees Rules under the activity group                A.1                Deposit acceptors (ignoring any minimum fee or zero rated fee required                pursuant to the Fees Rules but taking into account any applicable                discount                rate); and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (d) | **“Tariff                Base”**                has the                meaning given to it in, and will be calculated in accordance with,                the                Fees Rules. |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6. | In                application of the above formulae, A, B, C and D will be included                in the                formulae as percentages (i.e. 5 per cent. will be included in the                formula                as 5 and not as 0.05). A negative result obtained by subtracting                D from B                shall be taken as zero. The resulting figures shall be rounded to                four                decimal places. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7. | If                requested                by the Agent, each Reference Bank shall, as soon as practicable after                publication by the Financial Services Authority, supply to the Agent,                the                rate of charge payable by that Reference Bank to the Financial Services                Authority pursuant to the Fees Rules in respect of the relevant financial                year of the Financial Services Authority (calculated for this purpose                by                that Reference Bank as being the average of the Fee Tariffs applicable                to                that Reference Bank for that financial year) and expressed in pounds                per                £1,000,000 of the Tariff Base of that Reference                Bank. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8. | Each                Lender                shall supply any information required by the Agent for the purpose                of                calculating its Additional Cost Rate. In particular, but without                limitation, each Lender shall supply the following information in                writing                on or prior to the date on which it becomes a                Lender: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (a) | its                jurisdiction of incorporation and the jurisdiction of its Facility                Office;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | any                other                information that the Agent may reasonably require for such                purpose, |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------|

| 9. | The                percentages of each Lender for the purpose of A and C above and the                rates                of charge of each Reference Bank for the purpose of E above shall                be                determined by the Agent based upon the information supplied to it                pursuant                to paragraphs 7 and 8 above and on the assumption that, unless a                Lender                notifies the Agent to the contrary, each Lender’s obligations in relation                to cash ratio deposits and Special Deposits are the same as those                of a                typical bank from its jurisdiction of incorporation with a Facility                Office                in the same jurisdiction as its Facility                Office. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

70

----

| 10. | The                Agent                shall have no liability to any person if such determination results                in an                Additional Cost Rate which over or under compensates any Lender and                shall                be entitled to assume that the information provided by any Lender                or                Reference Bank pursuant to paragraphs 3, 7 and 8 above is true and                correct                in all respects. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 11. | The                Agent                shall distribute the additional amounts received as a result of the                Mandatory Cost to the Lenders on the basis of the Additional Cost                Rate for                each Lender based on the information provided by each Lender and                each                Reference Bank pursuant to paragraphs 3, 7 and 8                above. |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12. | Any                determination by the Agent pursuant to this schedule in relation                to a                formula, the Mandatory Cost, an Additional Cost Rate or any amount                payable                to a Lender shall, in the absence of manifest error, be conclusive                and                binding on all Parties. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13. | The                Agent may                from time to time, after consultation with the Company and the Lenders,                determine and notify to all Parties any amendments which are required                to                be made to this schedule in order to comply with any change in law,                regulation or any requirements from time to time imposed by the Bank                of                England, the Financial Services Authority or the European Central                Bank                (or, in any case, any other authority which replaces all or any of                its                functions) and any such determination shall, in the absence of manifest                error, be conclusive and binding on all                Parties. |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

71

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| To: | [____________]                as                Agent |
|-----|-------------------------------------------------------|

| From: | [***The                Existing Lender***]                (the                **“Existing                Lender”**)                and                [***The                New Lender***]                (the                **“New                Lender”**) |
|-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | We                refer to                the Agreement. This is a Transfer Certificate. Terms defined in the                Agreement have the same meaning in this Transfer Certificate unless                given                a different meaning in this Transfer                Certificate. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | We                refer to                clause 24.5 (Procedure for                Transfer): |
|----|------------------------------------------------------------------------------------------------|

| 2.1 | the                Existing                Lender and the New Lender agree to the Existing Lender transferring                to the                New Lender by novation all or part of the Existing Lender’s Commitment,                rights and obligations referred to in the schedule in accordance                with                clause 24.5 (Procedure for                Transfer); |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2 | the                proposed                Transfer Date is [_______________]; |
|-----|--------------------------------------------------------------------------------|

| 2.3 | the                Facility                Office and address, fax number and attention details for notices                of the                New Lender for the purposes of clause 31.2 (Addresses) are set out                in the                schedule. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The                New                Lender expressly acknowledges the limitations on the Existing Lender’s                obligations set out in clause 24.4(c) (Limitation of Responsibility                of                Existing Lenders). |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | [The                New                Lender confirms that the person beneficially entitled to interest                payable                to that Lender in respect of a Loan under a Finance Document is                either: |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.1 | a                Lender: |
|-----|--------------------------|

|   | (a) | which                is a                bank (as defined for the purpose of section 349 of the Taxes Act)                making a                Loan; or |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | in                respect of                a Loan by a person that was a bank (as defined for the purpose of                section                349 of the Taxes Act) at the time that that Loan was                made, |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.2 | a                Lender                which is: |
|-----|--------------------------------------------------|

|   | (a) | a                company                resident in the United Kingdom for United Kingdom tax purposes; |
|--------|-----|---------------------------------------------------------------------------------------------------------|

|   | (b) | a                partnership                each member of which is: |
|--------|-----|----------------------------------------------------------------------|

|   | (i) | a                company so                resident in the United Kingdom; or |
|--------|-----|-------------------------------------------------------------------------------|

72

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|   | (ii) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                in                computing its chargeable profits (for the purposes of section 11(2)                of the                Taxes Act) the whole of any share of interest payable in respect                of that                Loan that falls to it by reason of sections 114 and 115 of the Taxes                Act; |
|--------|------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | a                company not                so resident in the United Kingdom which carries on a trade in the                United                Kingdom through a permanent establishment and which brings into account                interest payable in respect of that Loan in computing the chargeable                profits (for the purposes of section 11(2) of the Taxes Act) of that                company; or |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4.3 | a                Treaty                Lender. |
|-----|------------------------------------------------|

| [5.] | This                Transfer                Certificate 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 Transfer Certificate. |
|------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| [6.] | This                  Transfer                  Certificate is governed by English                  law. |
|------|----------------------------------------------------------------------------------------------------------|

73

----

| [***Existing                Lender***] | [***New                Lender***] |
|----------------------------------------|-----------------------------------|
|                                   |                              |
| By:                                    | By:                               |

74

----

| To: | [___________]                as                Agent |
|-----|------------------------------------------------------|

| From: | [***Subsidiary***]                and                [***Company***] |
|-------|----------------------------------------------------------------------|

| 1. | We                refer to                the Agreement. This is an Accession Letter. Terms defined in the                Agreement                have the same meaning in this Accession Letter unless given a different                meaning in this Accession Letter. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | [***Subsidiary***]                agrees to                become an Additional [Borrower]/[Guarantor] and to be bound by the                terms                of the Agreement as an Additional [Borrower]/[Guarantor] pursuant                to                [clause 25.2 (Additional Borrowers)]/[clause 25.4 (Additional Guarantors)]                of the Agreement. [***Subsidiary***]                is a                company duly incorporated under the laws of [***name                of relevant jurisdiction***]. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | [***Subsidiary’s***]                administrative details are as                follows: |
|----|-------------------------------------------------------------------------------------------------|

| 4. | This                Accession Letter is governed by English                law. |
|----|---------------------------------------------------------------------------------|

75

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| To: | [______________]                as                Agent |
|-----|---------------------------------------------------------|

| From: | [***resigning                Obligor***]                and                [***Company***] |
|-------|--------------------------------------------------------------------------------------------|

| 1. | We                refer to                the Agreement. This is a Resignation Letter. Terms defined in the                Agreement have the same meaning in this Resignation Letter unless                given a                different meaning in this Resignation                Letter. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Pursuant                to                [clause 25.3 (Resignation of a Borrower)]/[clause 25.5 (Resignation                of a                Guarantor)], we request that [***resigning                Obligor***]                be released                from its obligations as a [Borrower]/[Guarantor] under the                Agreement. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | We                confirm                that: |
|----|------------------------------------------------|

| 3.1 | no                Default is                continuing or would result from the acceptance of this request;                and |
|-----|--------------------------------------------------------------------------------------------------------------------------------|

| 3.2 | [the                [***resigning                Obligor***]                is under no                actual or contingent obligations as a Borrower under any Finance                Documents.] |
|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | This                Resignation Letter is governed by English                law. |
|----|-----------------------------------------------------------------------------------|

|  | **[*Company***] | [***Subsidiary***] |
|--|-----------------|--------------------|
|   |   |   |
|--------|--------|--------|
|   | By:  | By:  |
|--------|-----------|-----------|

76

----

| **Name                of grantor**          |   | **Security**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | **Total                Principal Amount of Indebtedness Secured** |
|---------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------|
|                                        |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                                                              |
| Reuters                C                LLC |   | (1)                A                continuing lien upon and assignment of all right, title and interest                of                Reuters C LLC in and to the balance of every deposit account of Reuters                C                LLC with any office of JPMorgan Chase Bank, N.A. or any affiliate                or                subsidiary thereof, and in and to all money, instruments, securities,                documents, chattel paper, demands, precious metals, funds, and all                claims                and demands and rights and interest therein of Reuters C LLC, and                in and                to all evidences thereof, which have been or at any time shall be                delivered to or otherwise come into the possession, custody or control                of                any office of JPMorgan Chase Bank, N.A. or any affiliate or subsidiary                thereof, or into the possession, custody or control of any affiliate,                agent or correspondent of any such entity for any purpose. (2) A                security                interest in any and all property Reuters C LLC holds as security                for the                obligations of any party related to the letter of credit issued by                JPMorgan Chase Bank, N.A. by order of Reuters C LLC. |   | U.S.$120,000,000                                                  |

77

----

| To: | [*insert                  name of potential Lender/Affiliate*] |
|-----|----------------------------------------------------------------|

| From: | [***The                    Lender***] |
|-------|---------------------------------------|

| 1. | **CONFIDENTIALITY** |
|----|---------------------|

| 1.1 | Confidentiality                Undertaking |
|-----|--------------------------------------------|

|   | (a) | to                keep the                Confidential Information confidential and not to disclose it to anyone                except as provided for by paragraph 1.2 below and to ensure that                the                Confidential Information is protected with security measures and                a degree                of care that would apply to your own confidential                information; |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | to                keep                confidential and not disclose to anyone the fact that the Confidential                Information has been made available or that discussions or negotiations                are taking place or have taken place between us in connection with                the                Agreement; |
|--------|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (c) | to                use the                Confidential Information only for the Permitted                Purpose; |
|--------|-----|------------------------------------------------------------------------------------------------------------------|

|   | (d) | to                use all                reasonable endeavours to ensure that any person to whom you pass                any                Confidential Information (unless disclosed under paragraph 1.2(b)                below)                acknowledges and complies with the provisions of this letter as if                that                person were also a party to it; and |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (e) | not                to make                enquiries of any member of the Group or any of their officers, directors,                employees or professional advisers relating directly or indirectly                to the                Agreement. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.2 | Permitted                Disclosure |
|-----|-------------------------------------|

|   | (a) | to                members of                the Participant Group and their officers, directors, employees and                professional advisers to the extent necessary for the Permitted Purpose                and to any auditors of members of the Participant                Group; |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | (i)                where                requested or required by any court of competent jurisdiction or any                competent judicial, governmental, supervisory or regulatory body,                (ii)                where required by the rules of any stock exchange on which the shares                or                other securities of any member of the Participant Group are listed                or                (iii) where required by the laws or regulations of any country with                jurisdiction over the affairs of any member of the Participant Group;                or |
|--------|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

78

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|   | (c) | with                the                prior written consent of us and the                Company. |
|--------|-----|----------------------------------------------------------------------------------------------------|

| 1.3 | Notification                of Required or Unauthorised                Disclosure |
|-----|-----------------------------------------------------------------------------------|

| 1.4 | Return                of                Copies |
|-----|------------------------------------------------|

| 1.5 | Continuing                Obligations |
|-----|---------------------------------------|

| 1.6 | No                Representation; Consequences of Breach, etc |
|-----|---------------------------------------------------------------|

|   | (a) | neither                we                nor any of our officers, employees or advisers (each a **“Relevant                Person”**)                (i) make                any representation or warranty, express or implied, as to, or assume                any                responsibility for, the accuracy, reliability or completeness of                any of                the Confidential Information or any other information supplied by                us or                any member of the Group or the assumptions on which it is based or                (ii)                shall be under any obligation to update or correct any inaccuracy                in the                Confidential Information or any other information supplied by us                or any                member of the Group or be otherwise liable to you or any other person                in                respect to the Confidential Information or any such information;                and |
|--------|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | we                or members                of the Group may be irreparably harmed by the breach of the terms                of this                letter and damages may not be an adequate remedy; each Relevant Person                or                member of the Group may be granted an injunction or specific performance                for any threatened or actual breach of the provisions of this letter                by                you. |
|--------|-----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.7 | No                Waiver;                Amendments, etc |
|-----|----------------------------------------------------------|

79

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| 1.8 | Inside                Information |
|-----|-----------------------------------|

| 1.9 | Nature                of                Undertakings |
|-----|------------------------------------------------------|

| 2. | **MISCELLANEOUS** |
|----|-------------------|

| 2.1 | Third                party                rights |
|-----|--------------------------------------------------|

|   | (a) | Subject                to                paragraph 1.6 and paragraph 1.9 the terms of this letter may be enforced                and relied upon only by you and us and the operation of the Contracts                (Rights of Third Parties) Act 1999 is                excluded. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Notwithstanding                any provisions of this letter, the parties to this letter do not                require                the consent of any Relevant Person or any member of the Group to                rescind                or vary this letter at any time. |
|--------|-----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.2 | Governing                Law                and Jurisdiction |
|-----|--------------------------------------------------------------|

| 2.3 | Definitions |
|-----|-------------|

80

----

----

81

----

| To: | [Lender];                and |
|-----|------------------------------|

----

82

----

|                                                                                                                                                                                                                                                                                                                          |   | **Loans                in U.S.$ or euro**                                                                                                                                           |   | **Loans                in Sterling**                                      |   | **Loans                in other currencies**                                                                                                                                                         |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| Agent                notifies the Company if a currency is approved as an Optional Currency                in                accordance with clause 4.3(b) (Conditions Relating to Optional                Currencies)                                                                                                        |   | Not                Applicable                                                                                                                                                       |   | Not                Applicable                                             |   | 5.00                p.m. on                the third Business Day after receipt of a request from the Company                for                approval of a currency pursuant to clause 4.3(a)(ii) |
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| Delivery                of a                duly completed Utilisation Request (clause 5.1 (Delivery of a Utilisation                Request))                                                                                                                                                                                |   | 3.00                p.m. on                the third Business Day before the proposed Utilisation                Date                                                               |   | 8.00                a.m. on                the proposed Utilisation Date  |   | 3.00                p.m. on                the third Business Day before the proposed Utilisation                Date                                                                                |
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| Agent                determines (in relation to a Loan) the Base Currency Amount of the                Loan,                if required under clause 5.4(c) (Lenders’ Participation) and notifies the                Lenders of the Loan in accordance with clause 5.4(c) (Lender’s                Participation) |   | 5.00                p.m. on                the third Business Day before the proposed Utilisation                Date                                                               |   | 10.30                a.m. on                the proposed Utilisation Date |   | 5.00                p.m. on                the third Business Day before the proposed Utilisation                Date                                                                                |
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| Agent                receives a notification from a Lender under clause 7.2 (Unavailability                of                a Currency)                                                                                                                                                                                      |   | Not                Applicable                                                                                                                                                       |   | Not                Applicable                                             |   | 9.30                a.m. on                the second Business Day before the proposed Utilisation                Date                                                                               |
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| Agent                gives                notice to the Company in accordance with clause 7.2 (Unavailability                of a                Currency)                                                                                                                                                                    |   | Not                Applicable                                                                                                                                                       |   | Not                Applicable                                             |   | 10.45                a.m. on                the second Business Day before the proposed Utilisation                Date                                                                              |
|                                                                                                                                                                                                                                                                                                                          |   |                                                                                                                                                                                |   |                                                                      |   |                                                                                                                                                                                                 |
| LIBOR                or                EURIBOR is fixed                                                                                                                                                                                                                                                                       |   | Quotation                Day                as of 11.00 a.m. London time in respect of LIBOR and as of 11.00                a.m.                Brussels time in respect of EURIBOR |   | Quotation                Day                as of 11.00 a.m.              |   | Quotation                Day                as of 11.00 a.m.                                                                                                                                         |

83

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| To: | [________________]                as                Agent |
|-----|-----------------------------------------------------------|

| From: | [***Company***] |
|-------|-----------------|

| 1. | We                refer to                the Agreement. Terms defined in the Agreement have the same meaning                when                used in this certificate unless given a different meaning in this                certificate. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | Based                on the                consolidated financial statements of the Group for the financial                year                ended [·],                the                Material Subsidiaries were: |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   |  |  |
|--------|--|--|
|  | Director | Director |
|--|----------|----------|
|   | of | of |
|--------|----|----|
|   | [***Company***] | [***Company***] |
|--------|-----------------|-----------------|

84

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| Signed                by for                and on                behalf of **REUTERS                GROUP PLC**: |  ) ) ) ) |   |  **/s/                    DAVID GRIGSON** |
|------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|------------------------------------------------|

| Signed                by for                and on                behalf of **CITIGROUP                GLOBAL MARKETS LIMITED**: |  ) ) ) ) |   |  **/s/ MICHAEL                LLEWELYN-JONES** |
|---------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------------------|

| Signed                by for                and on                behalf of **COMMERZBANK                AG LONDON BRANCH**: |  ) ) ) ) |   |  **/s/ MARK                SMYTH** |
|-----------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------|

| Signed                by for                and on                behalf of **DEUTSCHE                BANK AG, LONDON BRANCH**: |  ) ) ) ) |   |  **/s/ SIMON                DERRICK** **                         /s/                RICHARD SEDLACEK** |
|--------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **DRESDNER                BANK AG NIEDERLASSUNG LUXEMBOURG**: |  ) ) ) ) |   |  **/s/ BOB                CURRY** |
|------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|----------------------------------------|

| Signed                by for                and on                behalf of **HSBC                BANK plc**: |  ) ) ) ) |   |  **/s/ TIM                BOLTON** |
|--------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------|

| Signed                by for                and on                behalf of **J.P.                MORGAN plc**: |  ) ) ) ) |   |  **/s/ JAY-MICHAEL                BASLOW** |
|----------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-------------------------------------------------|

| Signed                by for                and on                behalf of **LLOYDS                TSB BANK PLC**: |  ) ) ) ) |   |  **/s/ LIZ                WILLIAMS** |
|--------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-------------------------------------------|

85

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| Signed                by for                and on                behalf of **MORGAN                STANLEY BANK INTERNATIONAL LIMITED**: |  ) ) ) ) ) |   |   **/s/ HUGO                BARING** |
|------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------|--------|------------------------------------------------|

| Signed                by for                and on                behalf of **SOCIETE                GENERALE**: |  ) ) ) ) |   |  **/s/ BRUCE                POMFORD** |
|-----------------------------------------------------------------------------------------------------------------------|------------------------------|--------|--------------------------------------------|

| Signed                by for                and on                behalf of **STANDARD                CHARTERED BANK**: |  ) ) ) ) |   |  **/s/ TONY                BEDFORD           /s/ SHALINI CHANDA** |
|------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **THE                ROYAL BANK OF SCOTLAND plc**: |  ) ) ) ) |   |  **/s/ TREVOR                NEILSON** |
|-------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|---------------------------------------------|

| Signed                by for                and on                behalf of **UBS                LIMITED**: |  ) ) ) |   |  **/s/ GRAHAM                VANCE** **                         /s/ ANDREW SANTACROCE** |
|------------------------------------------------------------------------------------------------------------------|-----------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **CITIBANK,                N.A.**: |  ) ) ) ) |   |  **/s/ MICHAEL                LLEWELYN-JONES** |
|---------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------------------|

| Signed                by for                and on                behalf of **COMMERZBANK                AG LONDON BRANCH**: |  ) ) ) ) |   |  **/s/ MARK                SMYTH** |
|-----------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------|

| Signed                by for                and on                behalf of **DEUTSCHE                BANK AG, LONDON BRANCH**: |  ) ) ) ) |   |  **/s/ SIMON                DERRICK** **                         /s/ RICHARD SEDLACEK** |
|--------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **DRESDNER                BANK AG NIEDERLASSUNG LUXEMBOURG**: |  ) ) ) ) |   |  **/s/ BOB                CURRY** |
|------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|----------------------------------------|

86

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| Signed                by for                and on                behalf of **HSBC                BANK plc**: |  ) ) ) ) |   |  **/s/ TIM                BOLTON** |
|--------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-----------------------------------------|

| Signed                by for                and on                behalf of **JPMORGAN                CHASE BANK, N.A.**: |  ) ) ) ) |   |  **/s/ JAY-MICHAEL                BASLOW** |
|--------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-------------------------------------------------|

| Signed                by for                and on                behalf of **LLOYDS                TSB BANK PLC**: |  ) ) ) ) |   |  **/s/ LIZ                WILLIAMS** |
|--------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|-------------------------------------------|

| Signed                by for                and on                behalf of **MORGAN                STANLEY BANK**: |  ) ) ) ) ) |   |  **/s/ HUGO                BARING** |
|--------------------------------------------------------------------------------------------------------------------------|-------------------------------------|--------|------------------------------------------|

| Signed                by for                and on                behalf of **SOCIETE                GENERALE**: |  ) ) ) ) |   |  **/s/ BRUCE                POMFORD** |
|-----------------------------------------------------------------------------------------------------------------------|------------------------------|--------|--------------------------------------------|

| Signed                by for                and on                behalf of **STANDARD                CHARTERED BANK**: |  ) ) ) ) |   |  **/s/ TONY                BEDFORD** **                         /s/ SHALINI CHANDA** |
|------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **THE                ROYAL BANK OF SCOTLAND plc**: |  ) ) ) ) |   |  **/s/ TREVOR                NEILSON** |
|-------------------------------------------------------------------------------------------------------------------------------------|------------------------------|--------|---------------------------------------------|

| Signed                by for                and on                behalf of **UBS                LIMITED**: |  ) ) ) ) |   |  **/s/ GRAHAM                VANCE** **                         /s/ ANDREW SANTACROCE** |
|------------------------------------------------------------------------------------------------------------------|------------------------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------|

| Signed                by for                and on                behalf of **HSBC                BANK plc**: | )))) |   |  **/s/ TIM                BOLTON** |
|--------------------------------------------------------------------------------------------------------------------|------|--------|-----------------------------------------|

87

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