Document:

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                                                                    EXHIBIT 10.7

                                                                  CONFORMED COPY

                     FIXED AND FLOATING SECURITY DOCUMENT

                              dated 13 June 2000
                                  created by

                      THE COMPANIES LISTED IN SCHEDULE 6

                                as the Chargors

                                 in favour of

                              FLEET NATIONAL BANK
                               as Security Agent

                                  LINKLATERS
                                One Silk Street
                                London EC2Y 8HQ
                            Tel: (44-20) 7456 2000
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Table of Contents

<TABLE>
<CAPTION>
Clause                                                                        Page
<S>                                                                           <C>
 1    Interpretation..........................................................   1

 2    Guarantee...............................................................   3

 3    Fixed Charges...........................................................   4

 4    Floating Charge.........................................................   5

 5    Restrictions and Further Assurance......................................   5

 6    Real Property...........................................................   6

 7    Book Debts..............................................................   7

 8    Bank Accounts...........................................................   7

 9    Investments.............................................................   8

10    Intellectual Property...................................................   9

11    Insurance...............................................................   9

12    General Undertakings....................................................  10

13    Representations and Warranties..........................................  11

14    Enforcement.............................................................  11

15    Appointment and Rights of Receivers.....................................  11

16    Security Agent's Rights.................................................  12

17    Order of Distributions..................................................  12

18    Liability of Security Agent, Receivers and Delegates....................  12

19    Power of Attorney.......................................................  13

20    Protection of Third Parties.............................................  13

21    Saving Provisions.......................................................  13

22    Discharge of Security...................................................  15

23    Enforcement Expenses....................................................  15
</TABLE>
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<TABLE>
<S>                                                                             <C>
24    Payments................................................................  15

25    Rights, Amendments, Waivers, Consents and Determinations................  16

26    Separate and Independent Obligations....................................  16

27    Indemnities.............................................................  16

28    Approval of Security Trust Deed.........................................  17

29    Governing Law and Jurisdiction..........................................  17

Schedule 1 Rights of Receivers................................................  18

Schedule 2 Material Real Property.............................................  20

Schedule 3 Investments........................................................  22

Schedule 4 Intellectual Property..............................................  24

Schedule 5 Plant and Machinery................................................  25

Schedule 6 Chargors...........................................................  26

Schedule 7 Bank Accounts......................................................  27

SCHEDULE 8 Form of Notice of Charge of Charged Accounts.......................  28
</TABLE>
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This Deed is made on 13 June 2000 between:

(1)  THE COMPANIES LISTED IN SCHEDULE 6 (each a "Chargor") and

(2)  FLEET NATIONAL BANK (the "Security Agent", which expression includes its
     successors and assigns, as Security Agent for the benefit of the Secured
     Creditors).

Background

(A)  Each Chargor is entering into this Deed in connection with the Loan
     Documents.

(B)  The Board of Directors of each Chargor is satisfied that entering into this
     Deed is for the purposes and to the benefit of that Chargor and its
     business.

(C)  The Security Agent and each Chargor intend this document to take effect as
     a deed (even though the Security Agent only executes it under hand).

(D)  The Security Agent holds the benefit of this Deed on trust for the Secured
     Creditors on the terms of the Loan Documents.

It is agreed as follows:

1    Interpretation

1.1  Definitions: In this Deed, terms defined and references construed in the
     Credit Agreement shall have the same meaning and construction and, except
     to the extent that the context requires otherwise:

     "Bank Accounts" of a Chargor means the accounts of that Chargor listed in
     Schedule 7 and all current, deposit or other accounts with any bank or
     financial institution in which it now or in the future has an interest and
     (to the extent of its interest) all balances now or in the future standing
     to the credit of those accounts

     "Book Debts" of a Chargor means all book and other debts of any nature, and
     all other rights to receive money (excluding Bank Accounts), now or in the
     future due, owing or payable to it and the benefit of all related
     negotiable instruments, rights, security, guarantees and indemnities of any
     kind

     "Charged Assets" means the assets from time to time subject, or expressed
     to be subject, to the Charges or any part of those assets

     "Charges" means all or any of the security created or expressed to be
     created by or pursuant to this Deed

     "Credit Agreement" means the amended and restated credit agreement dated 13
     June 2000 between, among others, SWT Finance B.V. and Weigh-Tronix Canada
     ULC as Borrowers, Lehman Brothers Inc and FleetBoston Robertson Stephens
     Inc. as Arrangers, Lehman Commercial Paper Inc. as Syndication Agent, Fleet
     National Bank as Administrative Agent and Security Agent and the Lenders
     named in that document

     "Currency of Account" means the currency in which the relevant indebtedness
     is denominated or, if different, is payable

     "Delegate" means a delegate or sub-delegate appointed pursuant to Clause
     17.2 (Delegation)

     "Dividends" means all present and future:
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     (i)   dividends and distributions of any kind and any other sum received or
           receivable in respect of any of any Investment

     (ii)  rights, shares, money or other assets accruing or offered by way of
           redemption, bonus, option or otherwise in respect of any of any
           Investment

     (iii) allotments, offers and rights accruing or offered in respect of any
           of any Investment and

     (iv)  other rights and assets attaching to, deriving from or exercisable by
           virtue of the ownership of any of any Investment

     "Enforcement Event" means the occurrence of an Event of Default, as defined
     in the Credit Agreement

     "Fixtures" means fixtures, fittings (including trade fixtures and fittings)
     and fixed plant, machinery and apparatus

     "Guarantee" means the guarantee of each Chargor in Clause 2

     "Insolvency Act" means the Insolvency Act 1986

     "Insurances" of a Chargor means all contracts and policies of first party
     insurance of any kind now or in the future taken out by or on behalf of it
     or (to the extent of its interest) in which it now or in the future has an
     interest

     "Intellectual Property" of a Chargor means all patents, designs,
     copyrights, topographies, trademarks, trading names, rights in confidential
     information and know-how, and any associated or similar rights, which it
     now or in the future owns or (to the extent of its interest) in which it
     now or in the future has an interest (in each case whether registered or
     unregistered and including any related licences and sub-licences of the
     same granted by it or to it, applications and rights to apply for the same)

     "Investments" of a Chargor means:

     (i)   securities and investments of any kind (including shares, stock,
           debentures, units, depositary receipts, bonds, notes, commercial
           paper and certificates of deposit)

     (ii)  warrants, options or other rights to subscribe for, purchase or
           otherwise acquire securities and investments

     (iii) all rights relating to securities and investments which are deposited
           with, or registered in the name of, any depositary, custodian,
           nominee, clearing house or system, investment manager, chargee or
           other similar person or their nominee, in each case whether or not on
           a fungible basis (including rights against any such person) and

     (iv)  all other rights attaching or relating to securities or investments
           and all cash or other securities or investments in the future
           deriving from Investments or such rights

     in each case now or in the future owned by it or (to the extent of its
     interest) in which it has an interest

     "Liabilities" means the "Obligations" as defined in the Credit Agreement
     and all present and future moneys, debts and liabilities due, owing or
     incurred by any Chargor to any Secured Creditor under or in connection with
     any Loan Document or Specified Hedge Agreement (in each case, whether alone
     or jointly, or jointly and severally, with any other person, whether
     actually or contingently and whether as principal, surety or otherwise)

     "LPA" means the Law of Property Act 1925
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     "Material Real Property" means the Real Property listed in Schedule 2

     "Real Property" means freehold and leasehold property in England and Wales
     and other real property anywhere in the world (in each case including any
     estate or interest therein, all rights from time to time attached or
     relating thereto and all Fixtures from time to time therein or thereon)

     "Receiver" means an administrative receiver, receiver and manager or other
     receiver appointed in respect of the Charged Assets

     "rights" includes rights, authorities, discretions, remedies, liberties,
     powers, easements, quasi-easements and appurtenances (in each case, of any
     nature whatsoever)

     "Secured Creditors" has the meaning given that term in the Security Trust
     Deed

     "Security Trust Deed" means the deed dated 13 June 2000 between, among
     others, SWT Finance B.V. and Weigh-Tronix Canada ULC, the Secured Creditors
     (as defined therein) and the Security Agent, pursuant to which the Secured
     Creditors have appointed the Security Agent as trustee in respect of the
     Relevant Security Documents (as defined therein) and

     "Shares" of a Chargor means the shares set out under the name of that
     Chargor in Schedule 3.

1.2  Headings: Headings shall be ignored in construing this Deed.

2    Guarantee

2.1  Guarantee

     Each Chargor, other than a Chargor which is a Borrower unconditionally and
     irrevocably guarantees that, if for any reason a Borrower does not pay any
     sum payable by it under any Loan Document or Specified Hedge Agreement by
     the time, on the date and otherwise in the manner specified in that Loan
     Document or Specified Hedge Agreement (whether on the normal due date, on
     acceleration or otherwise), that Chargor will, upon demand, pay that sum
     before close of business on the business day following the date of demand.

2.2  Each Chargor as Principal Debtor

     As between each Chargor and the Secured Creditors but without affecting the
     Borrowers' obligations each Chargor shall be liable under this Clause 2 as
     if it were the sole principal debtor and not merely a surety. Accordingly,
     no Chargor shall be discharged, nor shall its liability be affected, by
     anything which would not discharge it or affect its liability if it were
     the sole principal debtor, including the matters set out in Clause 21.2.1
     to 21.2.7.

2.3  Each Chargor's Obligations Continuing

     Each Chargor's obligations under this Deed are and will remain in full
     force and effect by way of continuing security until no sum remains to be
     lent under any Loan Document or Specified Hedge Agreement and each Secured
     Creditor has irrevocably received or recovered all sums payable under the
     Loan Documents and Specified Hedge Agreement. Furthermore, its obligations
     are additional to, and not instead of, any security or other guarantee at
     any time existing in favour of any person, whether from a Chargor or
     otherwise, and may be enforced without first having recourse to a Borrower,
     any other person, any security or any other guarantee. Each Chargor
     irrevocably waives all notices and demands of any kind.
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2.4  Indemnity

     As separate, independent and alternative stipulations, each Chargor
     unconditionally and irrevocably agrees:

     2.4.1  that any sum which, although expressed to be payable by a Borrower
            under any Loan Document or Specified Hedge Agreement, is for any
            reason (whether or not now existing and whether or not now known or
            becoming known to any party to any Loan Document or Specified Hedge
            Agreement) not recoverable from a Chargor on the basis of a
            guarantee shall nevertheless be recoverable from it as if it were
            the sole principal debtor and shall be paid by it to the Security
            Agent on demand and

     2.4.2  as a primary obligation to indemnify each Secured Creditor against
            any loss suffered by it as a result of any sum expressed to be
            payable by a Borrower under any Loan Document or Specified Hedge
            Agreement not being paid by the time, on the date and otherwise in
            the manner specified in that Loan Document or Specified Hedge
            Agreement or any payment obligation of a Borrower under any Loan
            Document or Specified Hedge Agreement being or becoming void,
            voidable or unenforceable for any reason (whether or not now
            existing and whether or not now known or becoming known to any party
            to this Deed), the amount of that loss being the amount expressed to
            be payable by a Borrower in respect of the relevant sum.

2.5  Undertaking to Pay Security Agent

     Each Chargor undertakes to the Security Agent to pay as a direct principal
     obligation all Liabilities to the Security Agent and agrees that, to the
     extent that a Liability is paid to another Secured Creditor in accordance
     with any provision of a Loan Document or Specified Hedge Agreement, its
     obligation under this clause to pay that Liability shall be extinguished
     pro tanto.

3    Fixed Charges

     Each Chargor, with full title guarantee and as security for the payment and
     discharge of all Liabilities (whether of that or any other Chargor),
     charges in favour of the Security Agent (as trustee for the Secured
     Creditors):

3.1  Material Real Property: by way of first legal mortgage, the Material Real
     Property in England and Wales now belonging to it

3.2  Other Real Property: by way of first fixed equitable charge, all other Real
     Property now belonging to it and all Real Property acquired by it in the
     future

3.3  Other Assets: by way of first fixed charge, all its present and future:

     3.3.1  Book Debts

     3.3.2  Investments (including the shares described in Schedule 3
            (Investments)) and Dividends

     3.3.3  uncalled capital and goodwill

     3.3.4  Intellectual Property (including that described in Schedule 4
            (Intellectual Property))

     3.3.5  beneficial interest in any pension fund

     3.3.6  plant and machinery (except that mortgaged or charged by Clause 3.1
            (Present Real Property) or 3.2 (Future Real Property) but including
            that described in Schedule 5 (Plant and Machinery)) and
<PAGE>

     3.3.7  Insurances and all related proceeds, claims of any kind, returns of
            premium and other benefits.

4    Floating Charge

4.1  Creation: Each Chargor, with full title guarantee and as security for the
     payment and discharge of all Liabilities (whether of that or any other
     Chargor), charges in favour of the Security Agent (as trustee for the
     Secured Creditors) by way of first floating charge, its undertaking and all
     its assets, both present and future (including assets expressed to be
     charged by Clause 3 (Fixed Charges)).

4.2  Ranking: The floating Charge created by each Chargor ranks behind all the
     fixed Charges created by that Chargor but ranks in priority to any other
     security over the Charged Assets of that Chargor except for security
     ranking in priority in accordance with paragraph 6 of Schedule 1 (Borrow
     Money).

4.3  Conversion by Notice: The Security Agent may convert any floating Charge
     into a fixed Charge (either generally or specifically) by notice to the
     relevant Chargor specifying the relevant Charged Assets:

     4.3.1  if it reasonably considers it necessary to do so in order to protect
            or preserve the Charges over those Charged Assets and/or the
            priority of those Charges and/or

     4.3.2  at any time while the Charges become enforceable.

4.4  Automatic Conversion: If:

     4.4.1  any Chargor takes any step to create any security in breach of
            Clause 5.1 (Security) over any of the Charged Assets not subject to
            a fixed Charge or

     4.4.2  any person takes any step to levy any distress, attachment,
            execution or other legal process against any of those Charged
            Assets,

     the floating Charge over the relevant Charged Assets shall automatically
     and immediately be converted into a fixed Charge.

5    Restrictions and Further Assurance

5.1  Security: No Chargor shall (nor shall any Chargor agree to) create or have
     outstanding any security over the Charged Assets except as permitted by
     Clause 7.3 (Limitation on Liens) of the Credit Agreement.

5.2  Disposal: No Chargor shall (nor shall any Chargor agree to) sell, factor,
     discount, transfer, assign, lease or hire out, lend or otherwise dispose of
     the Charged Assets except as permitted by Clause 7.5 (Limitation on
     Disposition of Property) of the Credit Agreement.

5.3  Further Assurance: Each Chargor shall promptly do whatever the Security
     Agent reasonably requires:

     5.3.1  to perfect or protect the Charges or the priority of the Charges or

     5.3.2  to facilitate the realisation of the Charged Assets or the exercise
            of any rights vested in the Security Agent or any Receiver

     including executing any transfer, conveyance, charge, assignment or
     assurance of the Charged Assets (whether to the Security Agent or its
     nominees or otherwise), making any registration and giving any notice,
     order or direction.
<PAGE>

6    Real Property

6.1  Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire, any Real Property.

6.2  Documents: Each Chargor shall deposit with the Security Agent, and the
     Security Agent shall be entitled to hold, all title deeds and documents
     relating to that Chargor's present and future Real Property.

6.3  Restriction on Register: The parties to this Deed hereby apply to the Chief
     Land Registrar for a restriction to be entered on the Register of the
     titles of such of the Chargors' Real Property as is now or in the future
     registered under the Land Registration Act 1925 that no disposition by the
     proprietor of that Material Real Property is to be registered without the
     consent of the proprietor for the time being of the Charges, except under
     an order of the Registrar.

6.4  Material Real Property: In the case of a Chargor's Material Real Property,
     that Chargor  shall:

     6.4.1  promptly apply to H.M. Land Registry for first registration of the
            title to that Material Real Property and/or registration of that
            Chargor as proprietor of that Material Real Property in all cases
            where it is not already so registered and notify the Security Agent
            of its title number and

     6.4.2  request the Chief Land Registrar to register in relation to that
            Material Real Property the first legal mortgage created by Clause
            3.1 (Material Real Property) and notice of all other Charges.

6.5  Future Real Property: In the case of a Chargor's future Real Property in
     England and Wales, that Chargor  shall:

     6.5.1  promptly apply to H.M. Land Registry for first registration of the
            title to that Real Property and/or registration of that Chargor as
            proprietor of that Real Property and notify the Security Agent of
            its title number and

     6.5.2  request the Chief Land Registrar to register in relation to that
            Real Property notice of all Charges.

6.6  Unregistered Material Real Property: In the case of a Chargor's Material
     Real Property, both present and future, which is not registered at H.M.
     Land Registry and is not required to be so registered, that Chargor shall
     promptly apply to register this Deed and the Charges at the Land Charges
     Registry if the title deeds and documents are not deposited with the
     Security Agent.

6.7  Legal Charge: As security for the Liabilities, each Chargor shall promptly
     execute and deliver to the Security Agent such legal charge of such of its
     Real Property from time to time in England and/or Wales as the Security
     Agent reasonably requires. The relevant Chargor shall promptly apply to
     H.M. Land Registry for registration of any such legal charge.

6.8  Compliance with Obligations: Each Chargor shall comply with all material
     covenants, stipulations, conditions, licences, consents and all other
     material statutory, regulatory or contractual obligations relating to its
     Real Property or its use, including those requiring payment of sums in
     respect of its Real Property.

6.9  Leases: Each Chargor shall:

     6.9.1  comply with all material obligations imposed on it, and enforce the
            due observance and performance of all material obligations of all
            other persons of which it has the benefit, under any lease of Real
            Property
<PAGE>

     6.9.2  not exercise any power to determine or extend, or accept the
            surrender of, any lease of Real Property of which it is the lessor
            and

     6.9.3  not exercise any of the powers of leasing or agreeing to lease any
            Real Property vested in or conferred on mortgagors by the general
            law.

6.10 Notices: Each Chargor shall produce to the Security Agent within 7 days of
     receipt by it every communication made in connection with its title to any
     of its Real Property and comply with the reasonable instructions of the
     Security Agent in relation to any such communication.

7    Book Debts

7.1  Collection: Each Chargor shall promptly collect all Book Debts and shall
     hold the proceeds of collection on trust for the Secured Creditors.

7.2  Payment into Bank Account(s): Each Chargor shall immediately pay all moneys
     received by it from any source (including all proceeds of collection of
     Book Debts) into a Bank Account listed in Schedule 7 (or, if one or more
     Bank Accounts have been notified to the Security Agent pursuant to Clause
     8.1, the relevant Bank Account(s)).

7.3  Restrictions on Dealing with Book Debts: Without prejudice and in addition
     to Clauses 5.1 (Security), 5.2 (Disposal) and 5.3 (Further Assurance):

     7.3.1  except for the Charges, and except as permitted by the Credit
            Agreement, no Chargor shall create or have outstanding any security
            over all or any part of any of its Book Debts and

     7.3.2  except as required by Clause 5.3 (Further Assurance), and except as
            permitted by the Credit Agreement, no Chargor shall sell, factor,
            discount, transfer, assign, lend or otherwise dispose of all or any
            part of any of its Book Debts.

7.4  Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to such of its Book Debts as the
     Security Agent reasonably requires.

8    Bank Accounts

8.1  Notification of Bank Accounts: Each Chargor shall notify the Security Agent
     promptly upon opening any Bank Account (other than those listed in Schedule
     7).

8.2  Restrictions on Dealing with Bank Accounts: Without prejudice and in
     addition to Clauses 5.1 (Security), 5.2 (Disposal), 5.3 (Further
     Assurance), 8.4 (Bank Accounts Once Charges are Enforceable):

     8.2.1  except for the Charges, and except as permitted by the Credit
            Agreement, no Chargor shall create or have outstanding any security
            over all or any part of any of its Bank Accounts

     8.2.2  except as required by Clause 5.3 (Further Assurance), and except as
            permitted by the Credit Agreement, no Chargor shall transfer,
            assign, create any right of set-off in respect of or otherwise
            dispose of all or any part of any of its Bank Accounts and

     8.2.3  subject to 8.4 (Bank Accounts While Charges are Enforceable), each
            Chargor shall be entitled to operate its Bank Accounts as it sees
            fit.
<PAGE>

8.3  Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to such of its Bank Accounts as the
     Security Agent reasonably requires, including any notice to the relevant
     bank or financial institution of the Charges over the same.

8.4  Bank Accounts While Charges are Enforceable: At any time after the Charges
     are enforceable, all rights, powers and discretions of a Chargor in
     relation to any Bank Account shall be exercisable solely by the Security
     Agent.

8.5  Notice of Charge: Each Chargor shall give notice of the Charges in Clause
     4.1 substantially in the form set out in Schedule 8 (Form of Notice of
     Charge of Charged Accounts) (or in such other form as is acceptable to the
     Security Agent) and shall use its best endeavours to ensure that each
     recipient of any notice promptly signs and returns the relevant form of
     acknowledgement:

     (i)  in the case of the Bank Accounts of that Chargor listed in Schedule 7,
          on the date of this Deed and

     (ii) in the case of any other Bank Account, as soon as practicable
          following the opening of such account.

9    Investments

9.1  Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire, any Investment.

9.2  Share Certificates and Other Documents: Each Chargor shall on the date of
     this Deed or, in the case of Investments acquired after the date of this
     Deed, on the date of such acquisition, deliver to the Security Agent, or as
     it directs, all certificates representing the Shares and any other
     Investments and stamped transfers of the Shares executed in blank and shall
     promptly deliver to the Security Agent any other documents relating to the
     Shares and any Investments which the Security Agent requires.

9.3  Voting and other Rights: Subject to Clause 9.4 (Voting and other Rights if
     the Charges become Enforceable), each Chargor shall be entitled to exercise
     or direct the exercise of the voting and other rights attached to any
     Investment as it sees fit provided that:

     9.3.1  it does so for a purpose not prohibited by any Loan Document or
            Specified Hedge Agreement and

     9.3.2  the exercise of or failure to exercise those rights would not
            prejudice the interests of any Secured Creditor under any Loan
            Document or Specified Hedge Agreement.

9.4  Voting and other Rights if the Charges become Enforceable: At any time once
     the Charges become enforceable:

     9.4.1  the Security Agent or the Receiver shall be entitled to exercise or
            direct the exercise of the voting and other rights attached to any
            Investment in such manner as it or he sees fit and

     9.4.2  each Chargor shall comply or procure the compliance with any
            directions of the Security Agent or the Receiver in respect of the
            exercise of those rights and shall promptly execute and/or deliver
            to the Security Agent or the Receiver such forms of proxy as it or
            he may require with a view to enabling such person as it or he may
            select to exercise those rights.
<PAGE>

9.5  Power of Attorney: If any Investment of a Chargor is not held in that
     Chargor's name, that Chargor shall promptly deliver to the Security Agent
     an irrevocable power of attorney, expressed to be given by way of security
     and executed as a deed by the person in whose name that Investment is held.
     That power of attorney shall appoint the Security Agent, each Receiver and
     each Delegate the attorney of the holder and shall be in such form as the
     Security Agent reasonably requires.

9.6  Communications: Each Chargor shall promptly execute and/or deliver to the
     Security Agent a copy of each circular, notice, report, set of accounts or
     other document received by it or its nominee in connection with any
     Investment, as the Security Agent requires.

9.7  Dividends: Until the Charges become enforceable, each Chargor shall be
     entitled to retain any cash income derived from any Investment as an
     ordinary distribution. Thereafter, each Chargor shall hold any Dividend
     received by it on trust for the Security Agent and pay the same immediately
     to the Security Agent or as it may direct.

10   Intellectual Property

10.1 Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire (by licence or otherwise), any
     Intellectual Property, and any application by it or on its behalf to
     register any Intellectual Property.

10.2 Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to its Intellectual Property as the
     Security Agent reasonably requires.

10.3 Maintenance: Each Chargor shall take all reasonable steps to safeguard and
     maintain its present and future ownership and rights in connection with all
     material Intellectual Property necessary for its business, including
     observing related covenants and stipulations, obtaining necessary
     registrations and commencing and diligently prosecuting appropriate
     infringement actions. It will also take all reasonable steps necessary to
     maintain all registered design, patent and trademark registrations held by
     it useful and necessary in its business, including payment of renewal fees.

10.4 Grant: Without prejudice to Clause 5.2 (Disposal), no Chargor shall grant
     any exclusive registered user agreement or exclusive licence in relation to
     any of its present or future Intellectual Property.

10.5 Further Assurance: Salter Weigh-Tronix Limited undertakes to the Security
     Agent promptly to register the Intellectual Property acquired by it
     pursuant to the Purchase Agreement dated 13 March 1998 between Stavely
     Industries PLC, the sellers as set out in Schedule 1 to that agreement and
     Weigh-Tronix Acquisition Corp, and to deliver to the Security Agent a
     revised Schedule 4 promptly following such registration.

11   Insurance

11.1 Documents: Each Chargor shall promptly:

     11.1.1  execute and/or deliver to the Security Agent a copy of such
             insurance policies effected by it and the related premium receipts,
             and such other documents relating to the Insurances, as the
             Security Agent reasonably requires and

     11.1.2  procure that the fixed Charges over its Insurances are noted on the
             relevant policies.

11.2 Maintenance: Each Chargor shall maintain with financially sound and
     reputable insurance companies insurance on all its Charged Assets in at
     least such amounts and against at least
<PAGE>

     such risks (but including in any event public liability, product liability
     and business interruption) as are usually insured against in the same
     general area by companies engaged in the same or a similar business.

11.3 Enforceability: No Chargor shall do or omit to do or permit or suffer to be
     done or omitted anything which might render any such Insurance void,
     voidable or unenforceable.

11.4 Lender may Insure: If any Chargor fails promptly on demand to produce
     copies of insurance policies, premium receipts and such other evidence as
     the Security Agent reasonably requires which prove to the satisfaction of
     the Security Agent that that Chargor is complying with Clause 11.2
     (Maintenance), the Security Agent may (at that Chargor's expense) arrange
     such insurances of the assets of that Chargor or any of them as it thinks
     fit, having regard to the requirements of Clause 11.2.

12   General Undertakings

12.1 Protection of Assets: Each Chargor shall keep or cause to be kept all its
     Charged Assets in and good working order and condition (fair wear and tear
     excepted).

12.2 Access: Each Chargor shall ensure that representatives of the Security
     Agent (with or without surveyors, workmen and others) are able at any
     reasonable times to view the condition of any of its Charged Assets.

12.3 No Fixing: No Chargor shall fix or permit the affixing of any Charged
     Asset to any of its Real Property which is not itself a Charged Asset.

12.4 No Other Prejudicial Conduct: No Chargor shall do, or suffer to be done,
     anything which could prejudice the Charges, except as may be permitted by
     the Credit Agreement.

12.5 Payment of Obligations: Each Chargor will pay and discharge or otherwise
     satisfy at or before maturity or before they become delinquent, as the case
     may be, all taxes, assessments and governmental charges or levies imposed
     upon the Charged Assets or in respect of income or profits therefrom, as
     well as all claims of any kind (including, without limitation, claims for
     labour, materials and supplies) against or with respect to the Charged
     Assets, except that no such charge need be paid if the amount or validity
     thereof is currently being contested in good faith by appropriate
     proceedings, reserves in conformity with generally accepted accounting
     principles in the United Kingdom with respect thereto have been provided on
     the books of such Chargor and such proceedings could not reasonably be
     expected to result in the sale, forfeiture or loss of any material portion
     of the Charged Assets or any interest therein.

12.6 Covenants in Credit Agreement

     Each Chargor undertakes to the Security Agent for the benefit of the
     Secured Creditors that it will act in such a manner as to ensure that
     Weigh-Tronix LLC and the Borrowers are, at all relevant times, able to
     comply with their respective obligations under Clauses 6.4 (Conduct of
     Business and Maintenance of Existence), 6.5 (Maintenance of Property;
     Insurance) and 6.8 (Environment Laws) in the Credit Agreement to cause
     their respective subsidiaries to comply with the covenants in those Clauses
     and, accordingly, each Chargor agrees to be bound by those covenants,
     mutatis mutandis, as if they were set out in full herein and expressed to
     be the covenants of each Chargor.
<PAGE>

13     Representations and Warranties

       Each Chargor represents and warrants to the Security Agent as set out in
       Clause 4 (Representations and Warranties) of the Credit Agreement as they
       relate to such Chargor or to the Loan Documents to which it is a party
       and that:

13.1   Assets: The assets set out in each of Schedules 3 (Investments) to 5
       (Plant and Machinery) and 7 (Bank Accounts) in respect of that Chargor
       constitute all of the relevant class of assets located in England and
       Wales (and, in the case of GEC Avery Limited, Ireland) in which it has an
       interest.

13.2   Plant and Machinery: The plant and machinery set out under that Chargor's
       name in Schedule 5 are kept at the locations listed in Schedule 5.

13.3   Shares: The shares set out under that Chargor's name in Schedule 3 have
       been validly issued and are fully paid.

14     Enforcement

14.1   When Enforceable: As between the Chargors and the Security Agent the
       Charges shall be enforceable, and the powers conferred by Section 101 of
       the LPA as varied and extended by this Deed shall be exercisable, at any
       time after an Enforcement Event occurs and while it is continuing.

14.2   Power of Sale: The statutory power of sale, of appointing a Receiver and
       the other statutory powers conferred on mortgagees by Section 101 of the
       LPA as varied and extended by this Deed shall arise on the date of this
       Deed.

14.3   Section 103 LPA: Section 103 of the LPA shall not apply to this Deed.

15     Appointment and Rights of Receivers

15.1   Appointment of Receivers: If:

       15.1.1  requested by any Chargor or

       15.1.2  at any time whilst the Charges are enforceable (whether or not
               the Security Agent has taken possession of the Charged Assets)

       without any notice or further notice, the Security Agent may at any time,
       by deed, or otherwise in writing signed by any officer or manager of the
       Security Agent or any person authorised for this purpose by the Security
       Agent, appoint one or more persons to be a Receiver. The Security Agent
       may similarly remove any Receiver and appoint any person instead of any
       Receiver. If the Security Agent appoints more than one person as
       Receiver, the Security Agent may give those persons power to act either
       jointly or severally.

15.2   Scope of Appointment: Any Receiver may be appointed Receiver of all of
       the Charged Assets or Receiver of a part of the Charged Assets specified
       in the appointment. In the latter case, the rights conferred on a
       Receiver as set out in Schedule 1 (Rights of Receivers) shall have effect
       as though every reference in that Schedule to any Charged Assets were a
       reference to the part of those assets so specified or any part of those
       assets.

15.3   Rights of Receivers: Any Receiver appointed pursuant to this Clause 15
       shall have the rights, powers, privileges and immunities conferred by the
       Insolvency Act on administrative or other receivers duly appointed under
       the Insolvency Act, and shall also have the rights set out in Schedule 1
       (Rights of Receivers).
<PAGE>

15.4   Agent of Chargor: Any Receiver shall be the agent of the relevant Chargor
       for all purposes. That Chargor alone shall be responsible for the
       Receiver's contracts, engagements, acts, omissions, defaults and losses
       and for liabilities incurred by the Receiver.

15.5   Remuneration: The Security Agent may determine the remuneration of any
       Receiver and direct payment of that remuneration out of moneys he
       receives as Receiver. The relevant Chargor alone shall be liable for the
       remuneration and all other costs, charges and expenses of the Receiver.

16     Security Agent's Rights

16.1   Same Rights as Receiver: Any rights conferred by any Loan Document or
       Specified Hedge Agreement upon a Receiver may be exercised by the
       Security Agent after the Charges become enforceable, whether or not the
       Security Agent shall have taken possession or appointed a Receiver of the
       Charged Assets.

16.2   Delegation: The Security Agent may delegate in any manner to any person
       any rights exercisable by the Security Agent under this Deed. Any such
       delegation may be made upon such terms and conditions (including power to
       sub-delegate) as the Security Agent thinks fit.

17     Order of Distributions

17.1   Application of Proceeds: All amounts received or recovered by the
       Security Agent or any Receiver or Delegate in exercise of their rights
       under this Deed shall, subject to the rights of any creditors having
       priority, be applied in the order provided in Clause 17.2 (Order of
       Distributions).

17.2   Order of Distributions: The order referred to in Clause 17.1 (Application
       of Proceeds) is:

       17.2.1  in or towards the payment of all costs, charges, losses,
               liabilities and expenses of and incidental to the appointment of
               any Receiver or Delegate and the exercise of any of his rights,
               including his remuneration and all outgoings paid by him

       17.2.2  in or towards the payment of the Liabilities in accordance with
               Clause 14.1 of the Security Trust Deed and

       17.2.3  in payment of any surplus to any Chargor or other person entitled
               to it.

18     Liability of Security Agent, Receivers and Delegates

18.1   Possession: If the Security Agent, any Receiver or any Delegate takes
       possession of the Charged Assets, it or he may at any time relinquish
       possession. Without prejudice to Clause 18.2 (Security Agent's
       Liability), the Security Agent shall not be liable as a mortgagee in
       possession by reason of viewing or repairing any of the present or future
       assets of any Chargor.

18.2   Security Agent's Liability: Neither the Security Agent nor any Receiver
       or Delegate shall (either by reason of taking possession of the Charged
       Assets or for any other reason and whether as mortgagee in possession or
       otherwise) be liable to any Chargor, any Secured Creditor or any other
       person for any costs, charges, losses, damages, liabilities or expenses
       relating to the realisation of any Charged Assets or from any act,
       default, omission or misconduct of the Security Agent, any Receiver, any
       Delegate or their respective officers, employees or agents in relation to
       the Charged Assets or in connection with the Loan Documents except to the
       extent caused by its or his own gross negligence or wilful misconduct.
<PAGE>

19     Power of Attorney

19.1   Appointment: Each Chargor by way of security irrevocably appoints the
       Security Agent, every Receiver and every Delegate severally its attorney
       (with full power of substitution), on its behalf and in its name or
       otherwise, at such time and in such manner as the attorney thinks fit:

       19.1.1  to do anything which that Chargor is obliged to do (but has not
               done) under this Deed (including to execute charges over,
               transfers, conveyances, assignments and assurances of, and other
               instruments, notices, orders and directions relating to, the
               Charged Assets) and

       19.1.2  to exercise any of the rights conferred on the Security Agent,
               any Receiver or any Delegate in relation to the Charged Assets or
               under this Deed, the LPA or the Insolvency Act.

19.2   Ratification: Each Chargor ratifies and confirms and agrees to ratify and
       confirm whatever any such attorney shall do in the exercise or purported
       exercise of the power of attorney granted by it in Clause 18.1
       (Appointment).

20     Protection of Third Parties

20.1   No Duty to Enquire: No person dealing with the Security Agent, any other
       Secured Creditor, any Receiver or any Delegate shall be concerned to
       enquire:

       20.1.1  whether the rights conferred by or pursuant to any Loan Document
               are exercisable

       20.1.2  whether any consents, regulations, restrictions or directions
               relating to such rights have been obtained or complied with

       20.1.3  otherwise as to the propriety or regularity of acts purporting or
               intended to be in exercise of any such rights or

       20.1.4  as to the application of any money borrowed or raised.

20.2   Protection to Purchasers: All the protection to purchasers contained in
       Sections 104 and 107 of the LPA, Section 42(3) of the Insolvency Act or
       in any other applicable legislation shall apply to any person purchasing
       from or dealing with the Security Agent, any other Secured Creditor, any
       Receiver or any Delegate.

21     Saving Provisions

21.1   Continuing Security: Subject to Clause 22 (Discharge of Security), the
       Charges shall:

       21.1.1  remain in full force and effect by way of continuing security

       21.1.2  not be affected in any way by any settlement of account (whether
               or not any Liabilities remain outstanding) or other matter or
               thing whatsoever and

       21.1.3  be in addition to any other security, guarantee or indemnity now
               or in the future held by any Secured Creditor or any other person
               in respect of any of the Liabilities.

21.2   Security Unaffected: Without prejudice to the generality of Clause 21.1
       (Continuing Security), none of the Charges, the Guarantees nor the
       Liabilities shall be affected in any way by:

       21.2.1  any time, indulgence, concession, waiver or consent given to any
               Chargor or any other person, whether by any Secured Creditor or
               any other person
<PAGE>

       21.2.2  any amendment to or change in any security, guarantee or
               indemnity (including any Loan Document), or the terms of any
               Liability

       21.2.3  the making or absence of any demand for payment of any
               Liabilities on any Chargor or any other person, whether by any
               Secured Creditor or any other person

       21.2.4  the enforcement or absence of enforcement of any security,
               guarantee or indemnity (including any Loan Document)

       21.2.5  the taking, existence or release of any other security, guarantee
               or indemnity

       21.2.6  the Winding-up of any Chargor or any other person, or any step
               being taken for any such Winding-up or

       21.2.7  the illegality, invalidity or unenforceability of, or any defect
               in, any provision of any agreement or document relating to the
               Liabilities or any security, guarantee or indemnity (including
               any Loan Document) or any of the rights or obligations of any of
               the parties under or in connection with any such document or any
               security, guarantee or indemnity (including any Loan Document).

21.3   Exercise of Chargor's Rights: Whilst the Charges are enforceable and for
       so long as any Charge remains outstanding:

       21.3.1  any rights of any Chargor, by reason of the performance of any of
               its obligations under any Loan Document to which it is party, the
               enforcement of any of the Charges or any action taken pursuant to
               any rights conferred by or in connection with any Loan Document
               to which it is party, to be indemnified by any person, to prove
               in respect of any liability in the Winding-up of any person or to
               take the benefit of or enforce any security, guarantees or
               indemnities, shall be exercised and enforced only in such manner
               and on such terms as the Security Agent may require and

       21.3.2  any amount received or recovered by any Chargor (a) as a result
               of any exercise of any such rights or (b) in the Winding-up of
               any such person shall be held in trust for and immediately paid
               to the Security Agent.

21.4   Avoidance of Payments: Each Chargor shall on demand indemnify each
       Secured Creditor against any funding or other cost, charge, loss,
       liability or expense (including loss of profit) sustained or incurred by
       that Secured Creditor as a result of that Secured Creditor being required
       for any reason (including any bankruptcy, insolvency, Winding-up or
       similar law of any jurisdiction) to refund all or part of any amount
       received or recovered by that Secured Creditor in respect of any of the
       Liabilities and shall in any event pay to the Security Agent, for the
       account of that Secured Creditor, on demand the amount so refunded by
       that Secured Creditor.

21.5   Suspense Accounts: Any amount received or recovered by any Secured
       Creditor, any Receiver or any Delegate in exercise of its rights under
       any Loan Document may be credited to an interest bearing suspense
       account. That amount may be kept there (with any interest earned being
       credited to that account) until the Security Agent is satisfied (acting
       reasonably) that all the Liabilities have been discharged in full and
       that all facilities which might give rise to Liabilities have terminated.

21.6   Tacking: Each Secured Creditor shall comply with its obligations under
       the Loan Documents (including any obligation to make further advances).
<PAGE>

22     Discharge of Security

22.1   Final Redemption: Subject to Clause 21.2 (Retention of Security), if the
       Security Agent (acting reasonably) is satisfied that all the Liabilities
       have been irrevocably and unconditionally discharged in full and that all
       facilities which might give rise to Liabilities have terminated, the
       Security Agent shall at the request and cost of the relevant Chargor
       release, reassign or discharge (as appropriate) the Charged Assets from
       the Charges.

22.2   Retention of Security: If the Security Agent considers that any amount
       paid or credited to any Secured Creditor under any Loan Document is
       capable of being avoided or otherwise set aside on the Winding-up of any
       Chargor or any other person, or otherwise, that amount shall not be
       considered to have been paid for the purposes of determining whether all
       the Liabilities have been irrevocably and unconditionally discharged.

22.3   Permitted Disposal: As soon as practicable following receipt of a written
       request from the Chargor so to do, the Security Agent shall release from
       the Charges such assets as it may be satisfied are permitted under the
       Credit Agreement to be disposed by the Chargor.

22.4   Consolidation: Section 93 of the LPA shall not apply to the Charges.

23     Enforcement Expenses

       Each Chargor shall pay to the Security Agent on demand, all costs, and
       expenses (including Taxes thereon and legal fees) incurred by any Secured
       Creditor, any Receiver or any Delegate in relation to any Loan Document
       or Specified Hedge Agreement (including the administration, protection,
       realisation or enforcement of any right under or in connection with this
       Deed, or any consideration by any Secured Creditor as to whether to
       realise or enforce the same, and/or any such amendment, supplement,
       waiver, consent or release of any Loan Document or Specified Hedge
       Agreement and/or any other document referred to in this Deed).

24     Payments

24.1   Demands: Any demand for payment made by any Secured Creditor shall be
       valid and effective even if it contains no statement of the relevant
       Liabilities or an inaccurate or incomplete statement of them.

24.2   Payments: All payments by any Chargor under this Deed (including damages
       for its breach) shall be made in the Currency of Account and to such
       account, with such financial institution and in such other manner as may
       be agreed between the parties or, if not so agreed, as the Security Agent
       may direct.

24.3   Continuation of Accounts: At any time after:

       24.3.1  the receipt by any Secured Creditor of notice (either actual or
               otherwise) of any subsequent security (other than as may be
               permitted under the Credit Agreement) affecting the Charged
               Assets of any Chargor or

       24.3.2  the Charges become enforceable

       any Secured Creditor may open a new account in the name of that Chargor
       with that Secured Creditor (whether or not it permits any existing
       account to continue). If that Secured Creditor does not open such a new
       account, it shall nevertheless be treated as if it had done so when the
       relevant event occurred. No moneys paid into any account, whether new or
       continuing, after that event shall discharge or reduce the amount
       recoverable pursuant to any Loan Document to which that Chargor is party.
<PAGE>

24.4   Joint and Several Liability: The liability of each Chargor under this
       Deed shall be joint and several. Each agreement and undertaking of any
       Chargor shall be construed accordingly.

25     Rights, Amendments, Waivers, Consents and Determinations

25.1   Ambiguity: Where there is any ambiguity or conflict between the rights
       conferred by law and those conferred by or pursuant to any Loan Document
       or Specified Hedge Agreement, the terms of that Loan Document or
       Specified Hedge Agreement shall prevail.

25.2   Exercise of Rights: If any Secured Creditor or any Receiver or Delegate
       fails to exercise or delays exercising any right under any Loan Document
       or Specified Hedge Agreement, it will not operate as a waiver of that
       right. Any single or partial exercise of any right will not preclude any
       other or further exercise of that right or the exercise of any other
       right.

25.3   Determinations: Any determination by or certificate of any Secured
       Creditor or any Receiver or Delegate under any Loan Document or Specified
       Hedge Agreement shall be conclusive save for manifest error.

26     Separate and Independent Obligations

26.1   Independent Security: The security created by each Chargor by or in
       connection with any Loan Document or Specified Hedge Agreement is
       separate from and independent of the security created or intended to be
       created by any other Chargor by or in connection with any Loan Document
       or Specified Hedge Agreement.

26.2   Execution: If, by such time and date as the Security Agent (in its
       absolute discretion) determines that this Deed should be executed and
       delivered by all persons expressed to be parties to it, this Deed has not
       been executed and delivered by any Chargor or has been invalidly executed
       by one or more of them, then, as from that time, this Deed shall
       nevertheless be binding on those Chargors who have validly executed and
       delivered it and shall be, and shall remain, in full force and effect in
       relation to those Chargors. Such a determination by the Security Agent
       shall be without prejudice to its rights and the Chargors' obligations
       under the Loan Documents and Specified Hedge Agreement.

27     Indemnities

27.1   Environmental Indemnity: Each Chargor shall indemnify each Secured
       Creditor against any and all costs, charges, losses, liabilities or
       expenses (including any paid, incurred, suffered or sustained as a matter
       of commercial prudence even if no actual liability or obligation exists)
       expended, paid, incurred, suffered or sustained by each Secured Creditor
       arising (directly or indirectly) out of:

       27.1.1  any breach or potential breach of or liability (whether civil
               and/or criminal) under any Environmental Law or

       27.1.2  any responsibility on the part of any Secured Creditor in respect
               of any clean-up, repair or other corrective action arising out of
               or in connection with the business of any Chargor or in respect
               of any Real Property of any Chargor.

27.2   Indemnities Separate: Each indemnity in this Deed shall:

       27.2.1  constitute a separate and independent obligation from the other
               obligations in that or any other Security Document
<PAGE>

       27.2.2  give rise to a separate and independent cause of action

       27.2.3  apply irrespective of any indulgence granted by any Secured
               Creditor

       27.2.4  continue in full force and effect despite any judgment, order,
               claim or proof for a liquidated amount in respect of any
               Liability or any other judgment or order and

       27.2.5  apply whether or not any claim under it relates to any matter
               disclosed by any Chargor or otherwise known to any Secured
               Creditor.

28     Approval of Security Trust Deed

       Each Chargor acknowledges and approves the terms of the Security Trust
       Deed.

29     Governing Law and Jurisdiction

       This Deed shall be governed by and construed in accordance with the laws
       of England.

In witness whereof this Deed has been duly executed as a deed on the date stated
at the beginning.
<PAGE>

                                   Schedule 1

                              Rights of Receivers

Any Receiver appointed pursuant to Clause 14 (Appointment and Rights of
Receivers) shall have the right, either in his own name or in the name of the
relevant Chargor or otherwise and in such manner and upon such terms and
conditions as the Receiver thinks fit, and either alone or jointly with any
other person:

1    Enter into Possession: to take possession of, get in and collect the
     Charged Assets, and to require payment to it or to any Secured Creditor of
     any Book Debts or credit balance on any Bank Account

2    Carry on Business: to manage and carry on any business of that Chargor

3    Contracts: to enter into any contract or arrangement and to perform,
     repudiate, rescind or vary any contract or arrangement to which that
     Chargor is a party

4    Deal with Charged Assets: to sell, transfer, assign, exchange, hire out,
     lend or otherwise dispose of or realise the Charged Assets (including any
     Fixtures, which may be sold separately from the related Real Property) to
     any person (including a new company formed pursuant to paragraph 5 (Hive
     Down)) either by public offer or auction, tender or private contract and
     for a consideration of any kind (which may be payable or delivered in one
     amount or by instalments spread over a period or deferred)

5    Hive Down: to form a new company and to subscribe for or acquire (for cash
     or otherwise) any investment in or of the new company and to sell,
     transfer, assign, exchange and otherwise dispose of or realise any such
     investments or part thereof or any rights attaching thereto

6    Borrow Money: to borrow or raise money either unsecured or on the security
     of the Charged Assets (either in priority to the Charges or otherwise) and
     on such terms and conditions and for such purpose as he may think fit

7    Covenants and Guarantees: to enter into bonds, covenants, guarantees,
     indemnities and other commitments and to make all payments needed to
     effect, maintain or satisfy them

8    Dealings with Tenants: to grant leases, tenancies, licences and rights of
     user, grant renewals and accept surrenders of leases, tenancies, licences
     or rights of user, in each case on such terms as he thinks fit, and
     otherwise to reach agreements and make arrangements with, and to make
     allowances to, any lessees, tenants or other persons (including a new
     company formed pursuant to paragraph 5 (Hive Down)) from whom any rents and
     profits may be receivable (including those relating to the grant of any
     licences, the review of rent in accordance with the terms of, and the
     variation of, the provisions of any leases, tenancies, licences or rights
     of user affecting the Charged Assets)

9    Rights of Ownership: to manage and use the Charged Assets and to exercise
     and do (or permit that Chargor or any nominee of it to exercise and do) all
     such rights and things as the Receiver would be capable of exercising or
     doing if he were the absolute beneficial owner of the Charged Assets

10   Insurance, Repairs, Improvements etc.: to insure the Charged Assets on such
     terms as he thinks fit, to carry out decorations, repairs, alterations,
     improvements and additions to the Charged Assets (including the development
     or redevelopment of any Real Property) and to purchase or otherwise acquire
     or do anything in connection with the Charged Assets as he may think fit
<PAGE>

11   Claims: to settle, adjust, refer to arbitration, compromise and arrange any
     claims, accounts, disputes, questions and demands with or by any person who
     is or claims to be a creditor of that Chargor or relating to the Charged
     Assets

12   Legal Actions: to bring, prosecute, enforce, defend and abandon actions,
     suits and proceedings in relation to the Charged Assets or any business of
     that Chargor

13   Redemption of Security: to redeem any security (whether or not having
     priority to the Charges) over the Charged Assets and to settle the accounts
     of any person with an interest in the Charged Assets

14   Employees etc.: to appoint, hire and employ officers, employees,
     contractors, agents, advisors and others and to discharge any such persons
     and any such persons appointed, hired or employed by that Chargor

15   Insolvency Act: to exercise all powers set out in Schedule 1 or (in the
     case of a Scottish Receiver) Schedule 2 to the Insolvency Act as now in
     force (whether or not in force at the date of exercise and whether or not
     the Receiver is an administrative receiver) and any powers added to
     Schedule 1 or Schedule 2, as the case may be, after the date of this Deed
     and

16   Other Powers: to do anything else he may think fit for the realisation of
     the Charged Assets or incidental to the exercise of any of the rights
     conferred on the Receiver under or by virtue of any Loan Document to which
     the relevant Chargor is party, the LPA or the Insolvency Act.
<PAGE>

                                   Schedule 2

                             Material Real Property

GEC AVERY INTERNATIONAL LIMITED

Nil

GEC AVERY LIMITED

<TABLE>
<S>                                   <C>
Soho Foundry                          Registered at HM Land Registry under Title No. WR23527
Foundry Lane
Smethwick
Warley
West Midlands

Land on the South-west side of        Registered at HM Land Registry under Title No. CL133
Foundry Row
Camborne
Redruth

Units D1 & D2                         Registered at HM Land Registry under Title No. HD276344
27 Jarman Way
Orchard Road
Royston

9 Carden Street                       Registered at HM Land Registry under Title No. HW129553
Worcester

10A and 10B Humber                    Registered at HM Land Registry under Title No. HS284801
Bridge Industrial Estate
Barton-upon-Humber

Leasehold Units 3 & 4                 Registered at HM Land Registry under Title No. WA665571
North Road
Bridgend Industrial Estate
Bridgend
Mid Glamorgan

Leasehold premises at Kings Street    Demised by a Lease dated 5/11/79 made between (1) Carlisle City
St Nicholas Industrial Estate         Council and (2) Avery Properties Limited
Carlisle

Unit 84 Willows Court                 Registered leasehold title CE126872
Teesside Industrial Estate
Thornby on Tees
</TABLE>
<PAGE>

<TABLE>
<S>                                      <C>
Cleveland

Leasehold premises at 72-76 (even)       Demised by a Lease dated 25/8/93 made between (1) Robjay Properties
Baggrave Street                          Limited (2) Weighmaster Scales Limited
North Evington
Leicester

1 Ashley Hill Trading Estate             Registered under title AV39349
Bristol
</TABLE>

GEC AVERY PROPERTIES LIMITED

<TABLE>
<S>                                         <C>
Land adjacent to Tame Valley                Registered at HM Land
Canal                                       Registry under Title No. WM719013
Tamebridge
Walsall
West Midlands

Intec Site                                  Registered at HM Land Registry under Title No. WM719011
Woodruff Way
Tamebridge
Walsall

Sertec Site                                 Registered at HM Land Registry under Title No. WM719010
Woodruff Way
Tamebridge
Walsall
</TABLE>

SALTER HOUSEWARES LIMITED

Nil
<PAGE>

                                  Schedule 3

                                  Investments

GEC AVERY INTERNATIONAL LIMITED

<TABLE>
<CAPTION>
Name of Undertaking                                     Proportion of                No of shares          Description
                                                        Issued Shares held
<S>                                                     <C>                          <C>                   <C>
GEC Avery Limited                                           100%                       2,000,000           Ordinary
GEC Avery Australia (Pty) Limited                           100%
Avery Bangladesh Limited                                    100%
W&T Avery (Malawi) Limited                                  100%
Avery Malaysia Sdn Bhd                                      100%
GEC Avery Zimbabwe (Pvt) Limited                            100%
GEC Avery (Private) Limited                                 100%
Avery Zambia Limited                                        100%
PM Services (NZ) Limited                                    100%
SA Scale Co (Pty) Limited                                   100%
GEC Avery (NZ) Limited                                      100%
Berkel (Africa) (Pty) Limited                               100%
Avery Berkel SA                                             100%
Avery India Limited                                          51%
Avery Ghana Limited                                          50%                           4,875           Ordinary
Avery Kenya Limited                                          49%                         352,800           Ordinary "B"
Brecknell.com Limited (formerly known as GEC
Video Systems Limited)                                      100%                           9,100           Ordinary
Avery Berkel.com Limited (formerly known as
GEC Teledata Limited)                                       100%                           4,305           Ordinary
Reliance Systems Limited                                    100%                           1,000           Ordinary
Pump Maintenance Overseas Limited                           100%                             100           Ordinary
Avery Berkel Systems Limited (formerly known
as GEC Telematic Limited)                                   100%                          12,558           Ordinary
</TABLE>
<PAGE>

GEC AVERY LIMITED

<TABLE>
<CAPTION>
Name of Undertaking                               Proportion of Issued         No of shares            Description
                                                  Shares held
<S>                                               <C>                          <C>                     <C>
GEC Avery Properties Limited                               100%                        5,000            Ordinary
PM Services Limited                                        100%                      200,000            Ordinary "A"
                                                                                     200,000            Ordinary "B"
Avery-Hardoll Limited                                      100%                      300,000            Ordinary
Avery-Denison Limited                                      100%                      150,000            Ordinary
Berkel (Ireland) Limited                                   100%
Charles W Brecknell Limited                                100%                        2,000            Ordinary
Avery Berkel Service Limited (formerly known
as GEC Avery Service Limited)                              100%                        1,200            Ordinary
Avery Berkel Technology Limited (formerly
known as GEC Avery Technology Limited)                     100%                        1,809            Ordinary
Brecknell Limited (formerly known as GEC
Card Technology Limited)                                   100%                            3            Ordinary
Avery-Hardoll Forecourt Equipment Limited                  100%                        1,000            Ordinary
Avery-Hardoll Fluid Management Limited                     100%                       90,000            Ordinary
Henry Pooley & Son Limited                                 100%                      150,000            Ordinary
Neumo Fillers Limited                                      100%                       50,000            Ordinary
Oertling Limited                                             -                        12,853            Ordinary
Weighmaster Scales Limited (formerly known
as Stanton Instruments Limited)                            100%                        1,000            Ordinary
Pump Maintenance Limited                                   100%                        4,128            Ordinary
                                                                                       1,000            Preference
Telomex limited                                            100%                       50,000            Ordinary
Berkel Limited (formerly known as
Ashworth, Ross & Company Limited)                          100%                       15,997            Ordinary
W&T Avery Limited                                          100%                        3,000            Ordinary
</TABLE>

GEC AVERY PROPERTIES LIMITED

Nil

SALTER HOUSEWARES LIMITED

Nil
<PAGE>

                                   Schedule 4

                             Intellectual Property

GEC AVERY INTERNATIONAL

As attached

GEC AVERY LIMITED

As attached

GEC AVERY PROEPRTIES LIMITED

As attached

SALTER HOUSEWARES LIMITED

As attached
<PAGE>

                                   Schedule 5

                              Plant and Machinery

GEC AVERY INTERNATIONAL LIMITED

Nil

GEC AVERY LIMITED

As attached

GEC AVERY PROPERTIES

Nil

SALTER HOUSEWARES LIMITED

As attached
<PAGE>

                                   Schedule 6

                                    Chargors

<TABLE>
<CAPTION>
Name of Company                                     Registered Office                Registered No.
<S>                                                 <C>                              <C>
GEC Avery International Limited                     Foundry Lane                          42732
                                                    Smethwick
                                                    Warley
                                                    West Midlands B66 2LP

GEC Avery Limited                                   Foundry Lane                         595129
                                                    Smethwick
                                                    Warley
                                                    West Midlands B66 2LP

GEC Avery Properties Limited                        Foundry Lane                         535027
                                                    Smethwick
                                                    Warley
                                                    West Midlands B66 2LP

Salter Housewares Limited                           211 Vale Road                       1227809
                                                    Tonbridge
                                                    Kent
                                                    NT9 1SU
</TABLE>
<PAGE>

                                   Schedule 7

                                 Bank Accounts

GEC AVERY INTERNATIONAL LIMITED

As attached
GEC AVERY LIMITED

As attached

GEC AVERY PROPERTIES LIMITED

As attached
SALTER HOUSEWARES LIMITED

Account                      Location                          Number

(Pounds) Account             Fleet BankBoston, London          1951891
$        Account             Fleet BankBoston, London          1951900
         Account             Fleet BankBoston, London          1954889

<PAGE>

                                  SCHEDULE 8

                 Form of Notice of Charge of Charged Accounts

To: [Institution where Assigned Account is held]                         [Date]

Address

1    Fleet National Bank (the "Security Agent") and [.] (the "Chargor") give
     notice that, by an assignment contained in a Fixed and Floating security
     Document dated [.] 2000 between, among others, the Company and the Security
     Agent, the Company charged to the Security Agent all its present and future
     right, title and interest in and to the accounts with you listed below (the
     "Charged Accounts") including all moneys which may at any time be standing
     to the credit of any Charged Account.

               Name of Account                        Account Number

                    .                                       .

                    .                                       .

                    .                                       .

2    Accordingly, until you receive instructions from the security to the
     contrary, the Chargor may operate the Charged Accounts as it sees fit.

3    Once you receive instructions from the Security Agent:

3.1  all rights, powers and discretions of the Chargor in relation to any
     Charged Account shall be exercisable solely by the Security Agent

3.2  no moneys may be released from any Charged Account without the prior
     written consent of the Security Agent and

3.3  you should apply any amount standing to the credit of any Charged Account
     as directed from time to time by the Security Agent.

4    You agree:

4.1  to disclose to the Security Agent such information relating to any Charged
     Account as the Security Agent may from time to time request and

4.2  not to claim or exercise any security interest in, set-off, counterclaim or
     other rights in respect of any Charged Account.

5    This authority and instruction is irrevocable without the prior written
     consent of the Security Agent.
<PAGE>

Please acknowledge receipt of this Notice of Charge, and confirm that you will
pay all moneys as directed by or pursuant to this Notice of Charge and will
comply with the other provisions of this Notice of Charge, by signing the
acknowledgement on the attached copy of this Notice of Charge and returning that
copy to the Security Agent at [.], marked for the attention of [.].

________________________________                 _______________________________
For and on behalf of [.]                         For and on behalf of [.]
as Security Agent                                as Chargor

[On duplicate]

We acknowledge receipt of the Notice of Charge of which this is a copy and agree
to comply with its terms. We confirm that we have not received any other notice
of charge or notice that any other person claims any rights in respect of any
Charged Account.

________________________________

For and on behalf of
[Institution where Bank Account is held]
Date:__________________
<PAGE>

SIGNED as a DEED by GEC AVERY                          /s/ Larry Gunning
INTERNATIONAL LIMITED acting by its                    LARRY GUNNING
attorney                                               -----------------
in the presence of:

                                                       /s/ James Hogben
                                                       JAMES HOGBEN
Witness:                                               ----------------

Name:          JAMES HOGBEN

Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor
Address:       Foundary Lane, Smethwick
               Warley, West Midlands
               B66 2LP

Fax No:        0212 565 320

Attention:     Robert Foggerty

SIGNED as a DEED by GEC AVERY                           /s/ Larry Gunning
LIMITED acting by its attorney                          LARRY GUNNING
                                                        ----------------
in the presence of:

                                                        /s/ James Hogben
                                                        JAMES HOGBEN
Witness:                                                ----------------

Name:          JAMES HOGBEN

Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       Foundary Lane, Smethwick
               Warley, West Midlands
               B66 2LP

Fax No:        0212 565 320
<PAGE>

Attention:     Robert Foggerty

SIGNED as a DEED by GEC AVERY                          /s/ Larry Gunning
PROPERTIES LIMITED acting by its                       LARRY GUNNING
attorney                                               -----------------
in the presence of:
                                                       /s/ James Hogben
                                                       JAMES HOGBEN
                                                       -----------------
Witness:

Name:          JAMES HOGBEN

Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       Foundary Lane,
               Smethwick
               Warley, West Midlands
               B66 2LP

Fax No:        0212 565 320

Attention:     Robert Foggerty

SIGNED as a DEED by
SALTER HOUSEWARES LIMITED acting                          /s/ Larry Gunning
by its attorney                                           LARRY GUNNING
in the presence of:                                       -----------------

                                                          /s/ James Hogben
                                                          JAMES HOGBEN
Witness:                                                  -----------------

Name:          JAMES HOGBEN

Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA
Occupation:    Solicitor

Address:       211 Vale Road
               Tonbridge
               Kent TN9 1SU

Fax No:

Attention:     Company Secretary
<PAGE>

SIGNED by FLEET NATIONAL BANK by:                   /s/ Robert S. White
                                                    ROBERT S. WHITE
                                                    --------------------
Address:       100 Federal Street,
               MA DE 10307C
               Boston, Massachusetts
               02110

Tel No:        (617) 346 - 4665

Fax No:        (617) 346 - 5833

Attention:     Al Lima

With a copy to: Fleet National Bank

Address:       100 Federal Street,
               MA DE 110011B
               Boston, Massachusetts
               02110

Tel No:        (617) 434 - 9383

Fax No:        (617) 434 - 4929

Attention:     Connie Moore

and

Lehman Commercial Paper Inc.

Address:       3 World Financial Centre,
               New York, New York 10285

Tel No:        (212) 526 - 4059

Fax No:        (212) 526 - 7691<PAGE>

                                                                    Exhibit 10.8

                                                                  CONFORMED COPY

                     FIXED AND FLOATING SECURITY DOCUMENT

                              dated 13 June 2000
                                  created by

                      THE COMPANIES LISTED IN SCHEDULE 6

                                as the Chargors

                                 in favour of

                              FLEET NATIONAL BANK
                               as Security Agent

                                  LINKLATERS
                                One Silk Street
                                London EC2Y 8HQ
                            Tel: (44-20) 7456 2000
<PAGE>

Table of Contents

Clause                                                                     Page
<TABLE>
<S>    <C>                                                                 <C>
1      Interpretation.......................................................  1

2      Guarantee............................................................  3

3      Fixed Charges........................................................  4

4      Floating Charge......................................................  5

5      Restrictions and Further Assurance...................................  5

6      Real Property........................................................  6

7      Book Debts...........................................................  7

8      Bank Accounts........................................................  7

9      Investments..........................................................  8

10     Intellectual Property................................................  9

11     Insurance............................................................  9

12     General Undertakings................................................. 10

13     Representations and Warranties....................................... 10

14     Enforcement.......................................................... 11

15     Appointment and Rights of Receivers.................................. 11

16     Security Agent's Rights.............................................. 12

17     Order of Distributions............................................... 12

18     Liability of Security Agent, Receivers and Delegates................. 12

19     Power of Attorney.................................................... 12

20     Protection of Third Parties.......................................... 13

21     Saving Provisions.................................................... 13

22     Discharge of Security................................................ 14

23     Enforcement Expenses................................................. 15
</TABLE>

________________________________________________________________________________

<PAGE>

<TABLE>
<S>    <C>                                                                   <C>
24     Payments............................................................. 15

25     Rights, Amendments, Waivers, Consents and Determinations............. 15

26     Separate and Independent Obligations................................. 16

27     Indemnities.......................................................... 16

28     Approval of Security Trust Deed...................................... 17

29     Governing Law and Jurisdiction....................................... 17

Schedule 1 Rights of Receivers.............................................. 18

Schedule 2 Material Real Property........................................... 20

Schedule 3 Investments...................................................... 21

Schedule 4 Intellectual Property............................................ 22

Schedule 5 Plant and Machinery.............................................. 23

Schedule 6 Chargors......................................................... 24

Schedule 7 Bank Accounts.................................................... 25

SCHEDULE 8 Form of Notice of Charge of Charged Accounts..................... 26
</TABLE>

________________________________________________________________________________
<PAGE>

This Deed is made on 13 June 2000 between:

(1)  THE COMPANIES LISTED IN SCHEDULE 6 (each a "Chargor") and

(2)  FLEET NATIONAL BANK (the "Security Agent", which expression includes its
     successors and assigns, as Security Agent for the benefit of the Secured
     Creditors).

Background

(A)  Each Chargor is entering into this Deed in connection with the Loan
     Documents.

(B)  The Board of Directors of each Chargor is satisfied that entering into this
     Deed is for the purposes and to the benefit of that Chargor and its
     business.

(C)  The Security Agent and each Chargor intend this document to take effect as
     a deed (even though the Security Agent only executes it under hand).

(D)  The Security Agent holds the benefit of this Deed on trust for the Secured
     Creditors on the terms of the Loan Documents.

It is agreed as follows:

1    Interpretation

1.1  Definitions: In this Deed, terms defined and references construed in the
     Credit Agreement shall have the same meaning and construction and, except
     to the extent that the context requires otherwise:

     "Bank Accounts" of a Chargor means the accounts of that Chargor listed in
     Schedule 7 and all current, deposit or other accounts with any bank or
     financial institution in which it now or in the future has an interest and
     (to the extent of its interest) all balances now or in the future standing
     to the credit of those accounts

     "Book Debts" of a Chargor means all book and other debts of any nature, and
     all other rights to receive money (excluding Bank Accounts), now or in the
     future due, owing or payable to it and the benefit of all related
     negotiable instruments, rights, security, guarantees and indemnities of any
     kind

     "Charged Assets" means the assets from time to time subject, or expressed
     to be subject, to the Charges or any part of those assets

     "Charges" means all or any of the security created or expressed to be
     created by or pursuant to this Deed

     "Credit Agreement" means the amended and restated credit agreement dated 13
     June 2000 between, among others, SWT Finance B.V. and Weigh-Tronix Canada
     ULC as Borrowers, Lehman Brothers Inc and FleetBoston Robertson Stephens
     Inc. as Arrangers, Lehman Commercial Paper Inc. as Syndication Agent, Fleet
     National Bank as Administrative Agent and Security Agent and the Lenders
     named in that document

     "Currency of Account" means the currency in which the relevant indebtedness
     is denominated or, if different, is payable

     "Delegate" means a delegate or sub-delegate appointed pursuant to Clause
     17.2 (Delegation)

     "Dividends" means all present and future:
<PAGE>

     (i)   dividends and distributions of any kind and any other sum received or
           receivable in respect of any of any Investment

     (ii)  rights, shares, money or other assets accruing or offered by way of
           redemption, bonus, option or otherwise in respect of any of any
           Investment

     (iii) allotments, offers and rights accruing or offered in respect of any
           of any Investment and

     (iv)  other rights and assets attaching to, deriving from or exercisable by
           virtue of the ownership of any of any Investment

     "Enforcement Event" means the occurrence of an Event of Default, as defined
     in the Credit Agreement

     "Fixtures" means fixtures, fittings (including trade fixtures and fittings)
     and fixed plant, machinery and apparatus

     "Guarantee" means the guarantee of each Chargor in Clause 2

     "Insolvency Act" means the Insolvency Act 1986

     "Insurances" of a Chargor means all contracts and policies of first party
     insurance of any kind now or in the future taken out by or on behalf of it
     or (to the extent of its interest) in which it now or in the future has an
     interest

     "Intellectual Property" of a Chargor means all patents, designs,
     copyrights, topographies, trademarks, trading names, rights in confidential
     information and know-how, and any associated or similar rights, which it
     now or in the future owns or (to the extent of its interest) in which it
     now or in the future has an interest (in each case whether registered or
     unregistered and including any related licences and sub-licences of the
     same granted by it or to it, applications and rights to apply for the same)

     "Investments" of a Chargor means:

     (i)   securities and investments of any kind (including shares, stock,
           debentures, units, depositary receipts, bonds, notes, commercial
           paper and certificates of deposit)

     (ii)  warrants, options or other rights to subscribe for, purchase or
           otherwise acquire securities and investments

     (iii) all rights relating to securities and investments which are deposited
           with, or registered in the name of, any depositary, custodian,
           nominee, clearing house or system, investment manager, chargee or
           other similar person or their nominee, in each case whether or not on
           a fungible basis (including rights against any such person) and

     (iv)  all other rights attaching or relating to securities or investments
           and all cash or other securities or investments in the future
           deriving from Investments or such rights

     in each case now or in the future owned by it or (to the extent of its
     interest) in which it has an interest

     "Liabilities" means the "Obligations" as defined in the Credit Agreement
     and all present and future moneys, debts and liabilities due, owing or
     incurred by any Chargor to any Secured Creditor under or in connection with
     any Loan Document or Specified Hedge Agreement (in each case, whether alone
     or jointly, or jointly and severally, with any other person, whether
     actually or contingently and whether as principal, surety or otherwise)

     "LPA" means the Law of Property Act 1925
<PAGE>

     "Material Real Property" means the Real Property listed in Schedule 2

     "Real Property" means freehold and leasehold property in England and Wales
     and other real property anywhere in the world (in each case including any
     estate or interest therein, all rights from time to time attached or
     relating thereto and all Fixtures from time to time therein or thereon)

     "Receiver" means an administrative receiver, receiver and manager or other
     receiver appointed in respect of the Charged Assets

     "rights" includes rights, authorities, discretions, remedies, liberties,
     powers, easements, quasi-easements and appurtenances (in each case, of any
     nature whatsoever)

     "Secured Creditors" has the meaning given that term in the Security Trust
     Deed

     "Security Trust Deed" means the deed dated 13 June 2000 between, among
     others, SWT Finance B.V. and Weigh-Tronix Canada ULC, the Secured Creditors
     (as defined therein) and the Security Agent, pursuant to which the Secured
     Creditors have appointed the Security Agent as trustee in respect of the
     Relevant Security Documents (as defined therein) and

     "Shares" of a Chargor means the shares set out under the name of that
     Chargor in Schedule 3.

1.2  Headings: Headings shall be ignored in construing this Deed.

2    Guarantee

2.1  Guarantee

     Each Chargor, other than a Chargor which is a Borrower unconditionally and
     irrevocably guarantees that, if for any reason a Borrower does not pay any
     sum payable by it under any Loan Document or Specified Hedge Agreement by
     the time, on the date and otherwise in the manner specified in that Loan
     Document or Specified Hedge Agreement (whether on the normal due date, on
     acceleration or otherwise), that Chargor will, upon demand, pay that sum
     before close of business on the business day following the date of demand.

2.2  Each Chargor as Principal Debtor

     As between each Chargor and the Secured Creditors but without affecting the
     Borrowers' obligations each Chargor shall be liable under this Clause 2 as
     if it were the sole principal debtor and not merely a surety. Accordingly,
     no Chargor shall be discharged, nor shall its liability be affected, by
     anything which would not discharge it or affect its liability if it were
     the sole principal debtor, including the matters set out in Clause 21.2.1
     to 21.2.7.

2.3  Each Chargor's Obligations Continuing

     Each Chargor's obligations under this Deed are and will remain in full
     force and effect by way of continuing security until no sum remains to be
     lent under any Loan Document or Specified Hedge Agreement and each Secured
     Creditor has irrevocably received or recovered all sums payable under the
     Loan Documents and Specified Hedge Agreement. Furthermore, its obligations
     are additional to, and not instead of, any security or other guarantee at
     any time existing in favour of any person, whether from a Chargor or
     otherwise, and may be enforced without first having recourse to a Borrower,
     any other person, any security or any other guarantee. Each Chargor
     irrevocably waives all notices and demands of any kind.
<PAGE>

2.4  Indemnity

     As separate, independent and alternative stipulations, each Chargor
     unconditionally and irrevocably agrees:

     2.4.1  that any sum which, although expressed to be payable by a Borrower
            under any Loan Document or Specified Hedge Agreement, is for any
            reason (whether or not now existing and whether or not now known or
            becoming known to any party to any Loan Document or Specified Hedge
            Agreement) not recoverable from a Chargor on the basis of a
            guarantee shall nevertheless be recoverable from it as if it were
            the sole principal debtor and shall be paid by it to the Security
            Agent on demand and

     2.4.2  as a primary obligation to indemnify each Secured Creditor against
            any loss suffered by it as a result of any sum expressed to be
            payable by a Borrower under any Loan Document or Specified Hedge
            Agreement not being paid by the time, on the date and otherwise in
            the manner specified in that Loan Document or Specified Hedge
            Agreement or any payment obligation of a Borrower under any Loan
            Document or Specified Hedge Agreement being or becoming void,
            voidable or unenforceable for any reason (whether or not now
            existing and whether or not now known or becoming known to any party
            to this Deed), the amount of that loss being the amount expressed to
            be payable by a Borrower in respect of the relevant sum.

2.5  Undertaking to Pay Security Agent

     Each Chargor undertakes to the Security Agent to pay as a direct principal
     obligation all Liabilities to the Security Agent and agrees that, to the
     extent that a Liability is paid to another Secured Creditor in accordance
     with any provision of a Loan Document or Specified Hedge Agreement, its
     obligation under this clause to pay that Liability shall be extinguished
     pro tanto.

3    Fixed Charges

     Each Chargor, with full title guarantee and as security for the payment and
     discharge of all Liabilities (whether of that or any other Chargor),
     charges in favour of the Security Agent (as trustee for the Secured
     Creditors):

3.1  Material Real Property: by way of first legal mortgage, the Material Real
     Property in England and Wales now belonging to it

3.2  Other Real Property: by way of first fixed equitable charge, all other Real
     Property now belonging to it and all Real Property acquired by it in the
     future

3.3  Other Assets: by way of first fixed charge, all its present and future:

     3.3.1  Book Debts

     3.3.2  Investments (including the shares described in Schedule 3
            (Investments)) and Dividends

     3.3.3  uncalled capital and goodwill

     3.3.4  Intellectual Property (including that described in Schedule 4
            (Intellectual Property))

     3.3.5  beneficial interest in any pension fund

     3.3.6  plant and machinery (except that mortgaged or charged by Clause 3.1
            (Present Real Property) or 3.2 (Future Real Property) but including
            that described in Schedule 5 (Plant and Machinery)) and
<PAGE>

     3.3.7  Insurances and all related proceeds, claims of any kind, returns of
            premium and other benefits.

4    Floating Charge

4.1  Creation: Each Chargor, with full title guarantee and as security for the
     payment and discharge of all Liabilities (whether of that or any other
     Chargor), charges in favour of the Security Agent (as trustee for the
     Secured Creditors) by way of first floating charge, its undertaking and all
     its assets, both present and future (including assets expressed to be
     charged by Clause 3 (Fixed Charges)).

4.2  Ranking: The floating Charge created by each Chargor ranks behind all the
     fixed Charges created by that Chargor but ranks in priority to any other
     security over the Charged Assets of that Chargor except for security
     ranking in priority in accordance with paragraph 6 of Schedule 1 (Borrow
     Money).

4.3  Conversion by Notice: The Security Agent may convert any floating Charge
     into a fixed Charge (either generally or specifically) by notice to the
     relevant Chargor specifying the relevant Charged Assets:

     4.3.1  if it reasonably considers it necessary to do so in order to protect
            or preserve the Charges over those Charged Assets and/or the
            priority of those Charges and/or

     4.3.2  at any time while the Charges become enforceable.

4.4  Automatic Conversion: If:

     4.4.1  any Chargor takes any step to create any security in breach of
            Clause 5.1 (Security) over any of the Charged Assets not subject to
            a fixed Charge or

     4.4.2  any person takes any step to levy any distress, attachment,
            execution or other legal process against any of those Charged
            Assets,

     the floating Charge over the relevant Charged Assets shall automatically
     and immediately be converted into a fixed Charge.

5    Restrictions and Further Assurance

5.1  Security: No Chargor shall (nor shall any Chargor agree to) create or have
     outstanding any security over the Charged Assets except as permitted by
     Clause 7.3 (Limitation on Liens) of the Credit Agreement.

5.2  Disposal: No Chargor shall (nor shall any Chargor agree to) sell, factor,
     discount, transfer, assign, lease or hire out, lend or otherwise dispose of
     the Charged Assets except as permitted by Clause 7.5 (Limitation on
     Disposition of Property) of the Credit Agreement.

5.3  Further Assurance: Each Chargor shall promptly do whatever the Security
     Agent reasonably requires:

     5.3.1  to perfect or protect the Charges or the priority of the Charges or

     5.3.2  to facilitate the realisation of the Charged Assets or the exercise
            of any rights vested in the Security Agent or any Receiver

     including executing any transfer, conveyance, charge, assignment or
     assurance of the Charged Assets (whether to the Security Agent or its
     nominees or otherwise), making any registration and giving any notice,
     order or direction.
<PAGE>

6    Real Property

6.1  Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire, any Real Property.

6.2  Documents: Each Chargor shall deposit with the Security Agent, and the
     Security Agent shall be entitled to hold, all title deeds and documents
     relating to that Chargor's present and future Real Property.

6.3  Restriction on Register: The parties to this Deed hereby apply to the Chief
     Land Registrar for a restriction to be entered on the Register of the
     titles of such of the Chargors' Real Property as is now or in the future
     registered under the Land Registration Act 1925 that no disposition by the
     proprietor of that Material Real Property is to be registered without the
     consent of the proprietor for the time being of the Charges, except under
     an order of the Registrar.

6.4  Material Real Property: In the case of a Chargor's Material Real Property,
     that Chargor  shall:

     6.4.1  promptly apply to H.M. Land Registry for first registration of the
            title to that Material Real Property and/or registration of that
            Chargor as proprietor of that Material Real Property in all cases
            where it is not already so registered and notify the Security Agent
            of its title number and

     6.4.2  request the Chief Land Registrar to register in relation to that
            Material Real Property the first legal mortgage created by Clause
            3.1 (Material Real Property) and notice of all other Charges.

6.5  Future Real Property: In the case of a Chargor's future Real Property in
     England and Wales, that Chargor shall:

     6.5.1  promptly apply to H.M. Land Registry for first registration of the
            title to that Real Property and/or registration of that Chargor as
            proprietor of that Real Property and notify the Security Agent of
            its title number and

     6.5.2  request the Chief Land Registrar to register in relation to that
            Real Property notice of all Charges.

6.6  Unregistered Material Real Property: In the case of a Chargor's Material
     Real Property, both present and future, which is not registered at H.M.
     Land Registry and is not required to be so registered, that Chargor shall
     promptly apply to register this Deed and the Charges at the Land Charges
     Registry if the title deeds and documents are not deposited with the
     Security Agent.

6.7  Legal Charge: As security for the Liabilities, each Chargor shall promptly
     execute and deliver to the Security Agent such legal charge of such of its
     Real Property from time to time in England and/or Wales as the Security
     Agent reasonably requires. The relevant Chargor shall promptly apply to
     H.M. Land Registry for registration of any such legal charge.

6.8  Compliance with Obligations: Each Chargor shall comply with all material
     covenants, stipulations, conditions, licences, consents and all other
     material statutory, regulatory or contractual obligations relating to its
     Real Property or its use, including those requiring payment of sums in
     respect of its Real Property.

6.9  Leases: Each Chargor shall:

     6.9.1  comply with all material obligations imposed on it, and enforce the
            due observance and performance of all material obligations of all
            other persons of which it has the benefit, under any lease of Real
            Property
<PAGE>

     6.9.2  not exercise any power to determine or extend, or accept the
            surrender of, any lease of Real Property of which it is the lessor
            and

     6.9.3  not exercise any of the powers of leasing or agreeing to lease any
            Real Property vested in or conferred on mortgagors by the general
            law.

6.10 Notices: Each Chargor shall produce to the Security Agent within 7 days of
     receipt by it every communication made in connection with its title to any
     of its Real Property and comply with the reasonable instructions of the
     Security Agent in relation to any such communication.

7    Book Debts

7.1  Collection: Each Chargor shall promptly collect all Book Debts and shall
     hold the proceeds of collection on trust for the Secured Creditors.

7.2  Payment into Bank Account(s): Each Chargor shall immediately pay all moneys
     received by it from any source (including all proceeds of collection of
     Book Debts) into a Bank Account listed in Schedule 7 (or, if one or more
     Bank Accounts have been notified to the Security Agent pursuant to Clause
     8.1, the relevant Bank Account(s)).

7.3  Restrictions on Dealing with Book Debts: Without prejudice and in addition
     to Clauses 5.1 (Security), 5.2 (Disposal) and 5.3 (Further Assurance):

     7.3.1  except for the Charges, and except as permitted by the Credit
            Agreement, no Chargor shall create or have outstanding any security
            over all or any part of any of its Book Debts and

     7.3.2  except as required by Clause 5.3 (Further Assurance), and except as
            permitted by the Credit Agreement, no Chargor shall sell, factor,
            discount, transfer, assign, lend or otherwise dispose of all or any
            part of any of its Book Debts.

7.4  Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to such of its Book Debts as the
     Security Agent reasonably requires.

8    Bank Accounts

8.1  Notification of Bank Accounts: Each Chargor shall notify the Security Agent
     promptly upon opening any Bank Account (other than those listed in Schedule
     7).

8.2  Restrictions on Dealing with Bank Accounts: Without prejudice and in
     addition to Clauses 5.1 (Security), 5.2 (Disposal), 5.3 (Further
     Assurance), 8.4 (Bank Accounts Once Charges are Enforceable):

     8.2.1  except for the Charges, and except as permitted by the Credit
            Agreement, no Chargor shall create or have outstanding any security
            over all or any part of any of its Bank Accounts

     8.2.2  except as required by Clause 5.3 (Further Assurance), and except as
            permitted by the Credit Agreement, no Chargor shall transfer,
            assign, create any right of set-off in respect of or otherwise
            dispose of all or any part of any of its Bank Accounts and

     8.2.3  subject to 8.4 (Bank Accounts While Charges are Enforceable), each
            Chargor shall be entitled to operate its Bank Accounts as it sees
            fit.
<PAGE>

8.3  Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to such of its Bank Accounts as the
     Security Agent reasonably requires, including any notice to the relevant
     bank or financial institution of the Charges over the same.

8.4  Bank Accounts While Charges are Enforceable: At any time after the Charges
     are enforceable, all rights, powers and discretions of a Chargor in
     relation to any Bank Account shall be exercisable solely by the Security
     Agent.

8.5  Notice of Charge: Each Chargor shall give notice of the Charges in Clause
     4.1 substantially in the form set out in Schedule 8 (Form of Notice of
     Charge of Charged Accounts) (or in such other form as is acceptable to the
     Security Agent) and shall use its best endeavours to ensure that each
     recipient of any notice promptly signs and returns the relevant form of
     acknowledgement:

     (i)    in the case of the Bank Accounts of that Chargor listed in Schedule
            7, on the date of this Deed and

     (ii)   in the case of any other Bank Account, as soon as practicable
            following the opening of such account.
9    Investments

9.1  Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire, any Investment.

9.2  Share Certificates and Other Documents: Each Chargor shall on the date of
     this Deed or, in the case of Investments acquired after the date of this
     Deed, on the date of such acquisition, deliver to the Security Agent, or as
     it directs, all certificates representing the Shares and any other
     Investments and stamped transfers of the Shares executed in blank and shall
     promptly deliver to the Security Agent any other documents relating to the
     Shares and any Investments which the Security Agent requires.

9.3  Voting and other Rights: Subject to Clause 9.4 (Voting and other Rights if
     the Charges become Enforceable), each Chargor shall be entitled to exercise
     or direct the exercise of the voting and other rights attached to any
     Investment as it sees fit provided that:

     9.3.1  it does so for a purpose not prohibited by any Loan Document or
            Specified Hedge Agreement and

     9.3.2  the exercise of or failure to exercise those rights would not
            prejudice the interests of any Secured Creditor under any Loan
            Document or Specified Hedge Agreement.

9.4  Voting and other Rights if the Charges become Enforceable: At any time once
     the Charges become enforceable:

     9.4.1  the Security Agent or the Receiver shall be entitled to exercise or
            direct the exercise of the voting and other rights attached to any
            Investment in such manner as it or he sees fit and

     9.4.2  each Chargor shall comply or procure the compliance with any
            directions of the Security Agent or the Receiver in respect of the
            exercise of those rights and shall promptly execute and/or deliver
            to the Security Agent or the Receiver such forms of proxy as it or
            he may require with a view to enabling such person as it or he may
            select to exercise those rights.
<PAGE>

9.5  Power of Attorney: If any Investment of a Chargor is not held in that
     Chargor's name, that Chargor shall promptly deliver to the Security Agent
     an irrevocable power of attorney, expressed to be given by way of security
     and executed as a deed by the person in whose name that Investment is held.
     That power of attorney shall appoint the Security Agent, each Receiver and
     each Delegate the attorney of the holder and shall be in such form as the
     Security Agent reasonably requires.

9.6  Communications: Each Chargor shall promptly execute and/or deliver to the
     Security Agent a copy of each circular, notice, report, set of accounts or
     other document received by it or its nominee in connection with any
     Investment, as the Security Agent requires.

9.7  Dividends: Until the Charges become enforceable, each Chargor shall be
     entitled to retain any cash income derived from any Investment as an
     ordinary distribution. Thereafter, each Chargor shall hold any Dividend
     received by it on trust for the Security Agent and pay the same immediately
     to the Security Agent or as it may direct.

10   Intellectual Property

10.1 Acquisition: Each Chargor shall promptly notify the Security Agent of its
     acquisition of, or agreement to acquire (by licence or otherwise), any
     Intellectual Property, and any application by it or on its behalf to
     register any Intellectual Property.

10.2 Documents: Each Chargor shall promptly execute and/or deliver to the
     Security Agent such documents relating to its Intellectual Property as the
     Security Agent reasonably requires.

10.3 Maintenance: Each Chargor shall take all reasonable steps to safeguard and
     maintain its present and future ownership and rights in connection with all
     material Intellectual Property necessary for its business, including
     observing related covenants and stipulations, obtaining necessary
     registrations and commencing and diligently prosecuting appropriate
     infringement actions. It will also take all reasonable steps necessary to
     maintain all registered design, patent and trademark registrations held by
     it useful and necessary in its business, including payment of renewal fees.

10.4 Grant: Without prejudice to Clause 5.2 (Disposal), no Chargor shall grant
     any exclusive registered user agreement or exclusive licence in relation to
     any of its present or future Intellectual Property.

11   Insurance

11.1 Documents: Each Chargor shall promptly:

     11.1.1  execute and/or deliver to the Security Agent a copy of such
             insurance policies effected by it and the related premium receipts,
             and such other documents relating to the Insurances, as the
             Security Agent reasonably requires and

     11.1.2  procure that the fixed Charges over its Insurances are noted on the
             relevant policies.

11.2 Maintenance: Each Chargor shall maintain with financially sound and
     reputable insurance companies insurance on all its Charged Assets in at
     least such amounts and against at least such risks (but including in any
     event public liability, product liability and business interruption) as are
     usually insured against in the same general area by companies engaged in
     the same or a similar business.

11.3 Enforceability: No Chargor shall do or omit to do or permit or suffer to be
     done or omitted anything which might render any such Insurance void,
     voidable or unenforceable.
<PAGE>

11.4  Lender may Insure: If any Chargor fails promptly on demand to produce
      copies of insurance policies, premium receipts and such other evidence as
      the Security Agent reasonably requires which prove to the satisfaction of
      the Security Agent that that Chargor is complying with Clause 11.2
      (Maintenance), the Security Agent may (at that Chargor's expense) arrange
      such insurances of the assets of that Chargor or any of them as it thinks
      fit, having regard to the requirements of Clause 11.2.

12    General Undertakings

12.1  Protection of Assets: Each Chargor shall keep or cause to be kept all its
      Charged Assets in and good working order and condition (fair wear and tear
      excepted).

12.2  Access: Each Chargor shall ensure that representatives of the Security
      Agent (with or without surveyors, workmen and others) are able at any
      reasonable times to view the condition of any of its Charged Assets.

12.3  No Fixing: No Chargor shall fix or permit the affixing of any Charged
      Asset to any of its Real Property which is not itself a Charged Asset.

12.4  No Other Prejudicial Conduct: No Chargor shall do, or suffer to be done,
      anything which could prejudice the Charges, except as may be permitted by
      the Credit Agreement.

12.5  Payment of Obligations: Each Chargor will pay and discharge or otherwise
      satisfy at or before maturity or before they become delinquent, as the
      case may be, all taxes, assessments and governmental charges or levies
      imposed upon the Charged Assets or in respect of income or profits
      therefrom, as well as all claims of any kind (including, without
      limitation, claims for labour, materials and supplies) against or with
      respect to the Charged Assets, except that no such charge need be paid if
      the amount or validity thereof is currently being contested in good faith
      by appropriate proceedings, reserves in conformity with generally accepted
      accounting principles in the United Kingdom with respect thereto have been
      provided on the books of such Chargor and such proceedings could not
      reasonably be expected to result in the sale, forfeiture or loss of any
      material portion of the Charged Assets or any interest therein.

12.6  Covenants in Credit Agreement

      Each Chargor undertakes to the Security Agent for the benefit of the
      Secured Creditors that it will act in such a manner as to ensure that
      Weigh-Tronix LLC and the Borrowers are, at all relevant times, able to
      comply with their respective obligations under Clauses 6.4 (Conduct of
      Business and Maintenance of Existence), 6.5 (Maintenance of Property;
      Insurance) and 6.8 (Environmental Laws) in the Credit Agreement to cause
      their respective subsidiaries to comply with the covenants in those
      Clauses and, accordingly, each Chargor agrees to be bound by those
      covenants, mutatis mutandis, as if they were set out in full herein and
      expressed to be the covenants of each Chargor.

13    Representations and Warranties

      Each Chargor represents and warrants to the Security Agent as set out in
      Clause 4 (Representations and Warranties) of the Credit Agreement as they
      relate to such Chargor or to the Loan Documents to which it is a party and
      that:

13.1  Assets: The assets set out in each of Schedules 3 (Investments) to 5
      (Plant and Machinery) and 7 (Bank Accounts) in respect of that Chargor
      constitute all of the relevant class of assets located in England and
      Wales in which it has an interest.
<PAGE>

13.2  Plant and Machinery: The plant and machinery set out under that Chargor's
      name in Schedule 5 are kept at the locations listed in Schedule 5.

13.3  Shares: The shares set out under that Chargor's name in Schedule 3 have
      been validly issued and are fully paid.

14    Enforcement

14.1  When Enforceable: As between the Chargors and the Security Agent the
      Charges shall be enforceable, and the powers conferred by Section 101 of
      the LPA as varied and extended by this Deed shall be exercisable, at any
      time after an Enforcement Event occurs and while it is continuing.

14.2  Power of Sale: The statutory power of sale, of appointing a Receiver and
      the other statutory powers conferred on mortgagees by Section 101 of the
      LPA as varied and extended by this Deed shall arise on the date of this
      Deed.

14.3  Section 103 LPA: Section 103 of the LPA shall not apply to this Deed.

15    Appointment and Rights of Receivers

15.1  Appointment of Receivers: If:

      15.1.1  requested by any Chargor or

      15.1.2  at any time whilst the Charges are enforceable (whether or not the
              Security Agent has taken possession of the Charged Assets)

      without any notice or further notice, the Security Agent may at any time,
      by deed, or otherwise in writing signed by any officer or manager of the
      Security Agent or any person authorised for this purpose by the Security
      Agent, appoint one or more persons to be a Receiver. The Security Agent
      may similarly remove any Receiver and appoint any person instead of any
      Receiver. If the Security Agent appoints more than one person as Receiver,
      the Security Agent may give those persons power to act either jointly or
      severally.

15.2  Scope of Appointment: Any Receiver may be appointed Receiver of all of the
      Charged Assets or Receiver of a part of the Charged Assets specified in
      the appointment. In the latter case, the rights conferred on a Receiver as
      set out in Schedule 1 (Rights of Receivers) shall have effect as though
      every reference in that Schedule to any Charged Assets were a reference to
      the part of those assets so specified or any part of those assets.

15.3  Rights of Receivers: Any Receiver appointed pursuant to this Clause 15
      shall have the rights, powers, privileges and immunities conferred by the
      Insolvency Act on administrative or other receivers duly appointed under
      the Insolvency Act, and shall also have the rights set out in Schedule 1
      (Rights of Receivers).

15.4  Agent of Chargor: Any Receiver shall be the agent of the relevant Chargor
      for all purposes. That Chargor alone shall be responsible for the
      Receiver's contracts, engagements, acts, omissions, defaults and losses
      and for liabilities incurred by the Receiver.

15.5  Remuneration: The Security Agent may determine the remuneration of any
      Receiver and direct payment of that remuneration out of moneys he receives
      as Receiver. The relevant Chargor alone shall be liable for the
      remuneration and all other costs, charges and expenses of the Receiver.
<PAGE>

16    Security Agent's Rights

16.1  Same Rights as Receiver: Any rights conferred by any Loan Document or
      Specified Hedge Agreement upon a Receiver may be exercised by the Security
      Agent after the Charges become enforceable, whether or not the Security
      Agent shall have taken possession or appointed a Receiver of the Charged
      Assets.

16.2  Delegation: The Security Agent may delegate in any manner to any person
      any rights exercisable by the Security Agent under this Deed. Any such
      delegation may be made upon such terms and conditions (including power to
      sub-delegate) as the Security Agent thinks fit.

17    Order of Distributions

17.1  Application of Proceeds: All amounts received or recovered by the Security
      Agent or any Receiver or Delegate in exercise of their rights under this
      Deed shall, subject to the rights of any creditors having priority, be
      applied in the order provided in Clause 17.2 (Order of Distributions).

17.2  Order of Distributions: The order referred to in Clause 17.1 (Application
      of Proceeds) is:

      17.2.1  in or towards the payment of all costs, charges, losses,
              liabilities and expenses of and incidental to the appointment of
              any Receiver or Delegate and the exercise of any of his rights,
              including his remuneration and all outgoings paid by him

      17.2.2  in or towards the payment of the Liabilities in accordance with
              Clause 14.1 of the Security Trust Deed and

      17.2.3  in payment of any surplus to any Chargor or other person entitled
              to it.

18    Liability of Security Agent, Receivers and Delegates

18.1  Possession: If the Security Agent, any Receiver or any Delegate takes
      possession of the Charged Assets, it or he may at any time relinquish
      possession. Without prejudice to Clause 18.2 (Security Agent's Liability),
      the Security Agent shall not be liable as a mortgagee in possession by
      reason of viewing or repairing any of the present or future assets of any
      Chargor.

18.2  Security Agent's Liability: Neither the Security Agent nor any Receiver or
      Delegate shall (either by reason of taking possession of the Charged
      Assets or for any other reason and whether as mortgagee in possession or
      otherwise) be liable to any Chargor, any Secured Creditor or any other
      person for any costs, charges, losses, damages, liabilities or expenses
      relating to the realisation of any Charged Assets or from any act,
      default, omission or misconduct of the Security Agent, any Receiver, any
      Delegate or their respective officers, employees or agents in relation to
      the Charged Assets or in connection with the Loan Documents except to the
      extent caused by its or his own gross negligence or wilful misconduct.

19    Power of Attorney

19.1  Appointment: Each Chargor by way of security irrevocably appoints the
      Security Agent, every Receiver and every Delegate severally its attorney
      (with full power of substitution), on its behalf and in its name or
      otherwise, at such time and in such manner as the attorney thinks fit:

      19.1.1  to do anything which that Chargor is obliged to do (but has not
              done) under this Deed (including to execute charges over,
              transfers, conveyances, assignments and assurances of, and other
              instruments, notices, orders and directions relating to, the
              Charged Assets) and
<PAGE>

      19.1.2  to exercise any of the rights conferred on the Security Agent, any
              Receiver or any Delegate in relation to the Charged Assets or
              under this Deed, the LPA or the Insolvency Act.

19.2  Ratification: Each Chargor ratifies and confirms and agrees to ratify and
      confirm whatever any such attorney shall do in the exercise or purported
      exercise of the power of attorney granted by it in Clause 18.1
      (Appointment).

20    Protection of Third Parties

20.1  No Duty to Enquire: No person dealing with the Security Agent, any other
      Secured Creditor, any Receiver or any Delegate shall be concerned to
      enquire:

      20.1.1  whether the rights conferred by or pursuant to any Loan Document
              are exercisable

      20.1.2  whether any consents, regulations, restrictions or directions
              relating to such rights have been obtained or complied with

      20.1.3  otherwise as to the propriety or regularity of acts purporting or
              intended to be in exercise of any such rights or

      20.1.4  as to the application of any money borrowed or raised.

20.2  Protection to Purchasers: All the protection to purchasers contained in
      Sections 104 and 107 of the LPA, Section 42(3) of the Insolvency Act or in
      any other applicable legislation shall apply to any person purchasing from
      or dealing with the Security Agent, any other Secured Creditor, any
      Receiver or any Delegate.

21    Saving Provisions

21.1  Continuing Security: Subject to Clause 22 (Discharge of Security), the
      Charges shall:

      21.1.1  remain in full force and effect by way of continuing security

      21.1.2  not be affected in any way by any settlement of account (whether
              or not any Liabilities remain outstanding) or other matter or
              thing whatsoever and

      21.1.3  be in addition to any other security, guarantee or indemnity now
              or in the future held by any Secured Creditor or any other person
              in respect of any of the Liabilities.

21.2  Security Unaffected: Without prejudice to the generality of Clause 21.1
      (Continuing Security), none of the Charges, the Guarantees nor the
      Liabilities shall be affected in any way by:

      21.2.1  any time, indulgence, concession, waiver or consent given to any
              Chargor or any other person, whether by any Secured Creditor or
              any other person

      21.2.2  any amendment to or change in any security, guarantee or indemnity
              (including any Loan Document), or the terms of any Liability

      21.2.3  the making or absence of any demand for payment of any Liabilities
              on any Chargor or any other person, whether by any Secured
              Creditor or any other person

      21.2.4  the enforcement or absence of enforcement of any security,
              guarantee or indemnity (including any Loan Document)

      21.2.5  the taking, existence or release of any other security, guarantee
              or indemnity
<PAGE>

      21.2.6  the Winding-up of any Chargor or any other person, or any step
              being taken for any such Winding-up or

      21.2.7  the illegality, invalidity or unenforceability of, or any defect
              in, any provision of any agreement or document relating to the
              Liabilities or any security, guarantee or indemnity (including any
              Loan Document) or any of the rights or obligations of any of the
              parties under or in connection with any such document or any
              security, guarantee or indemnity (including any Loan Document).

21.3  Exercise of Chargor's Rights: Whilst the Charges are enforceable and for
      so long as any Charge remains outstanding:

      21.3.1  any rights of any Chargor, by reason of the performance of any of
              its obligations under any Loan Document to which it is party, the
              enforcement of any of the Charges or any action taken pursuant to
              any rights conferred by or in connection with any Loan Document to
              which it is party, to be indemnified by any person, to prove in
              respect of any liability in the Winding-up of any person or to
              take the benefit of or enforce any security, guarantees or
              indemnities, shall be exercised and enforced only in such manner
              and on such terms as the Security Agent may require and

      21.3.2  any amount received or recovered by any Chargor (a) as a result of
              any exercise of any such rights or (b) in the Winding-up of any
              such person shall be held in trust for and immediately paid to the
              Security Agent.

21.4  Avoidance of Payments: Each Chargor shall on demand indemnify each Secured
      Creditor against any funding or other cost, charge, loss, liability or
      expense (including loss of profit) sustained or incurred by that Secured
      Creditor as a result of that Secured Creditor being required for any
      reason (including any bankruptcy, insolvency, Winding-up or similar law of
      any jurisdiction) to refund all or part of any amount received or
      recovered by that Secured Creditor in respect of any of the Liabilities
      and shall in any event pay to the Security Agent, for the account of that
      Secured Creditor, on demand the amount so refunded by that Secured
      Creditor.

21.5  Suspense Accounts: Any amount received or recovered by any Secured
      Creditor, any Receiver or any Delegate in exercise of its rights under any
      Loan Document may be credited to an interest bearing suspense account.
      That amount may be kept there (with any interest earned being credited to
      that account) until the Security Agent is satisfied (acting reasonably)
      that all the Liabilities have been discharged in full and that all
      facilities which might give rise to Liabilities have terminated.

21.6  Tacking: Each Secured Creditor shall comply with its obligations under the
      Loan Documents (including any obligation to make further advances).

22    Discharge of Security

22.1  Final Redemption: Subject to Clause 21.2 (Retention of Security), if the
      Security Agent (acting reasonably) is satisfied that all the Liabilities
      have been irrevocably and unconditionally discharged in full and that all
      facilities which might give rise to Liabilities have terminated, the
      Security Agent shall at the request and cost of the relevant Chargor
      release, reassign or discharge (as appropriate) the Charged Assets from
      the Charges.

22.2  Retention of Security: If the Security Agent considers that any amount
      paid or credited to any Secured Creditor under any Loan Document is
      capable of being avoided or otherwise set aside on the Winding-up of any
      Chargor or any other person, or otherwise, that amount shall not be
<PAGE>

      considered to have been paid for the purposes of determining whether all
      the Liabilities have been irrevocably and unconditionally discharged.

22.3  Permitted Disposal: As soon as practicable following receipt of a written
      request from the Chargor so to do, the Security Agent shall release from
      the Charges such assets as it may be satisfied are permitted under the
      Credit Agreement to be disposed by the Chargor.

22.4  Consolidation: Section 93 of the LPA shall not apply to the Charges.

23    Enforcement Expenses

      Each Chargor shall pay to the Security Agent on demand, all costs, and
      expenses (including Taxes thereon and legal fees) incurred by any Secured
      Creditor, any Receiver or any Delegate in relation to any Loan Document or
      Specified Hedge Agreement (including the administration, protection,
      realisation or enforcement of any right under or in connection with this
      Deed, or any consideration by any Secured Creditor as to whether to
      realise or enforce the same, and/or any such amendment, supplement,
      waiver, consent or release of any Loan Document or Specified Hedge
      Agreement and/or any other document referred to in this Deed).

24    Payments

24.1  Demands: Any demand for payment made by any Secured Creditor shall be
      valid and effective even if it contains no statement of the relevant
      Liabilities or an inaccurate or incomplete statement of them.

24.2  Payments: All payments by any Chargor under this Deed (including damages
      for its breach) shall be made in the Currency of Account and to such
      account, with such financial institution and in such other manner as may
      be agreed between the parties or, if not so agreed, as the Security Agent
      may direct.

24.3  Continuation of Accounts: At any time after:

      24.3.1  the receipt by any Secured Creditor of notice (either actual or
              otherwise) of any subsequent security (other than as may be
              permitted under the Credit Agreement) affecting the Charged Assets
              of any Chargor or

      24.3.2  the Charges become enforceable

      any Secured Creditor may open a new account in the name of that Chargor
      with that Secured Creditor (whether or not it permits any existing account
      to continue). If that Secured Creditor does not open such a new account,
      it shall nevertheless be treated as if it had done so when the relevant
      event occurred. No moneys paid into any account, whether new or
      continuing, after that event shall discharge or reduce the amount
      recoverable pursuant to any Loan Document to which that Chargor is party.

24.4  Joint and Several Liability: The liability of each Chargor under this Deed
      shall be joint and several. Each agreement and undertaking of any Chargor
      shall be construed accordingly.

25    Rights, Amendments, Waivers, Consents and Determinations

25.1  Ambiguity: Where there is any ambiguity or conflict between the rights
      conferred by law and those conferred by or pursuant to any Loan Document
      or Specified Hedge Agreement, the terms of that Loan Document or Specified
      Hedge Agreement shall prevail.
<PAGE>

25.2  Exercise of Rights: If any Secured Creditor or any Receiver or Delegate
      fails to exercise or delays exercising any right under any Loan Document
      or Specified Hedge Agreement, it will not operate as a waiver of that
      right. Any single or partial exercise of any right will not preclude any
      other or further exercise of that right or the exercise of any other
      right.

25.3  Determinations: Any determination by or certificate of any Secured
      Creditor or any Receiver or Delegate under any Loan Document or Specified
      Hedge Agreement shall be conclusive save for manifest error.

26    Separate and Independent Obligations

26.1  Independent Security: The security created by each Chargor by or in
      connection with any Loan Document or Specified Hedge Agreement is separate
      from and independent of the security created or intended to be created by
      any other Chargor by or in connection with any Loan Document or Specified
      Hedge Agreement.

26.2  Execution: If, by such time and date as the Security Agent (in its
      absolute discretion) determines that this Deed should be executed and
      delivered by all persons expressed to be parties to it, this Deed has not
      been executed and delivered by any Chargor or has been invalidly executed
      by one or more of them, then, as from that time, this Deed shall
      nevertheless be binding on those Chargors who have validly executed and
      delivered it and shall be, and shall remain, in full force and effect in
      relation to those Chargors. Such a determination by the Security Agent
      shall be without prejudice to its rights and the Chargors' obligations
      under the Loan Documents and Specified Hedge Agreement.

27    Indemnities

27.1  Environmental Indemnity: Each Chargor shall indemnify each Secured
      Creditor against any and all costs, charges, losses, liabilities or
      expenses (including any paid, incurred, suffered or sustained as a matter
      of commercial prudence even if no actual liability or obligation exists)
      expended, paid, incurred, suffered or sustained by each Secured Creditor
      arising (directly or indirectly) out of:

      27.1.1  any breach or potential breach of or liability (whether civil
              and/or criminal) under any Environmental Law or

      27.1.2  any responsibility on the part of any Secured Creditor in respect
              of any clean-up, repair or other corrective action

      arising out of or in connection with the business of any Chargor or in
      respect of any Real Property of any Chargor.

27.2  Indemnities Separate: Each indemnity in this Deed shall:

      27.2.1  constitute a separate and independent obligation from the other
              obligations in that or any other Security Document

      27.2.2  give rise to a separate and independent cause of action

      27.2.3  apply irrespective of any indulgence granted by any Secured
              Creditor

      27.2.4  continue in full force and effect despite any judgment, order,
              claim or proof for a liquidated amount in respect of any Liability
              or any other judgment or order and

      27.2.5  apply whether or not any claim under it relates to any matter
              disclosed by any Chargor or otherwise known to any Secured
              Creditor.
<PAGE>

28    Approval of Security Trust Deed

      Each Chargor acknowledges and approves the terms of the Security Trust
      Deed.

29    Governing Law and Jurisdiction

29.1  Governing Law:  This Deed shall be governed by and construed in accordance
      with the laws of England.

29.2  English Courts: Each Chargor irrevocably agrees that the Courts of England
      are to have jurisdiction to settle any disputes which may arise out of or
      in connection with this Deed and that, accordingly, any legal action or
      proceedings arising out of or in connection with this Deed ("Proceedings")
      may be brought in those courts and each Chargor irrevocably submits to the
      jurisdiction of those courts.

29.3  Service of Process: Each of SWT Finance B.V. and SWT Holdings B.V.
      irrevocably appoints Salter Weigh-Tronix Limited (now of George Street,
      West Bromwich, West Midlands B70 6AD) to receive, for it and on its
      behalf, service of process in any Proceedings in England. Such service
      shall be deemed to be completed on delivery to the Process Agent (whether
      or not it is forwarded to and received by the relevant Chargor). If for
      any reason the Process Agent ceases to be able to act as such or no longer
      has an address in England , each of SWT Finance B.V. and SWT Holdings B.V.
      each irrevocably agrees to appoint a substitute Process Agent acceptable
      to the Security Agent, and to deliver to the Security Agent a copy of the
      new agent's acceptance of that appointment, within 30 days.

In witness whereof this Deed has been duly executed as a deed on the date stated
at the beginning.
<PAGE>

                                  Schedule 1

                              Rights of Receivers

Any Receiver appointed pursuant to Clause 14 (Appointment and Rights of
Receivers) shall have the right, either in his own name or in the name of the
relevant Chargor or otherwise and in such manner and upon such terms and
conditions as the Receiver thinks fit, and either alone or jointly with any
other person:

1    Enter into Possession: to take possession of, get in and collect the
     Charged Assets, and to require payment to it or to any Secured Creditor of
     any Book Debts or credit balance on any Bank Account

2    Carry on Business: to manage and carry on any business of that Chargor

3    Contracts: to enter into any contract or arrangement and to perform,
     repudiate, rescind or vary any contract or arrangement to which that
     Chargor is a party

4    Deal with Charged Assets: to sell, transfer, assign, exchange, hire out,
     lend or otherwise dispose of or realise the Charged Assets (including any
     Fixtures, which may be sold separately from the related Real Property) to
     any person (including a new company formed pursuant to paragraph 5 (Hive
     Down)) either by public offer or auction, tender or private contract and
     for a consideration of any kind (which may be payable or delivered in one
     amount or by instalments spread over a period or deferred)

5    Hive Down: to form a new company and to subscribe for or acquire (for cash
     or otherwise) any investment in or of the new company and to sell,
     transfer, assign, exchange and otherwise dispose of or realise any such
     investments or part thereof or any rights attaching thereto

6    Borrow Money: to borrow or raise money either unsecured or on the security
     of the Charged Assets (either in priority to the Charges or otherwise) and
     on such terms and conditions and for such purpose as he may think fit

7    Covenants and Guarantees: to enter into bonds, covenants, guarantees,
     indemnities and other commitments and to make all payments needed to
     effect, maintain or satisfy them

8    Dealings with Tenants: to grant leases, tenancies, licences and rights of
     user, grant renewals and accept surrenders of leases, tenancies, licences
     or rights of user, in each case on such terms as he thinks fit, and
     otherwise to reach agreements and make arrangements with, and to make
     allowances to, any lessees, tenants or other persons (including a new
     company formed pursuant to paragraph 5 (Hive Down)) from whom any rents and
     profits may be receivable (including those relating to the grant of any
     licences, the review of rent in accordance with the terms of, and the
     variation of, the provisions of any leases, tenancies, licences or rights
     of user affecting the Charged Assets)

9    Rights of Ownership: to manage and use the Charged Assets and to exercise
     and do (or permit that Chargor or any nominee of it to exercise and do) all
     such rights and things as the Receiver would be capable of exercising or
     doing if he were the absolute beneficial owner of the Charged Assets

10   Insurance, Repairs, Improvements etc.: to insure the Charged Assets on such
     terms as he thinks fit, to carry out decorations, repairs, alterations,
     improvements and additions to the Charged Assets (including the development
     or redevelopment of any Real Property) and to purchase or otherwise acquire
     or do anything in connection with the Charged Assets as he may think fit
<PAGE>

11   Claims: to settle, adjust, refer to arbitration, compromise and arrange any
     claims, accounts, disputes, questions and demands with or by any person who
     is or claims to be a creditor of that Chargor or relating to the Charged
     Assets

12   Legal Actions: to bring, prosecute, enforce, defend and abandon actions,
     suits and proceedings in relation to the Charged Assets or any business of
     that Chargor

13   Redemption of Security: to redeem any security (whether or not having
     priority to the Charges) over the Charged Assets and to settle the accounts
     of any person with an interest in the Charged Assets

14   Employees etc.: to appoint, hire and employ officers, employees,
     contractors, agents, advisors and others and to discharge any such persons
     and any such persons appointed, hired or employed by that Chargor

15   Insolvency Act: to exercise all powers set out in Schedule 1 or (in the
     case of a Scottish Receiver) Schedule 2 to the Insolvency Act as now in
     force (whether or not in force at the date of exercise and whether or not
     the Receiver is an administrative receiver) and any powers added to
     Schedule 1 or Schedule 2, as the case may be, after the date of this Deed
     and

16   Other Powers: to do anything else he may think fit for the realisation of
     the Charged Assets or incidental to the exercise of any of the rights
     conferred on the Receiver under or by virtue of any Loan Document to which
     the relevant Chargor is party, the LPA or the Insolvency Act.
<PAGE>

                                  Schedule 2

                            Material Real Property

SALTER WEIGH-TRONIX LIMITED

<TABLE>
<S>                              <C>
Unit 1                           Registered at HM Land Registry Under Title No. GM186710
Tilson Road
Baguley
Greater Manchester

Premises at George Lane          Demised by a Lease dated 13 June 2000 made between (1) SWT
                                                          ------------
West Bromwich                    Finance B.V. and (2) Salter Weigh-Tronix Limited
</TABLE>

SALTER HOUSEWARES HOLDINGS LIMITED

Nil

WEIGH-TRONIX (UK) LIMITED

Nil

SWT FINANCE B.V.

<TABLE>
<S>                                <C>
Premises at George Lane            Registered at HM Land Registry Under Title No.s. WM660903,
West Bromwich                      SF109768, SF17636, WM613483, WM631552
</TABLE>

SWT HOLDINGS B.V.

Nil
<PAGE>

                                  Schedule 3

                                  Investments

SALTER WEIGH-TRONIX LIMITED

(i)   6,000 Ordinary Shares in G.W.S. Weighting Systems Limited

(ii)  1 Ordinary Share and 5 Ordinary "C" Shares, 3,000 Ordinary "B" Shares and
      6,4000 Ordinary "A" shares in Deben Systems Limited

(iii) 12,000 Ordinary Shares in Hallamshire Limited

SALTER HOUSEWARES HOLDINGS LIMITED

5,000 Ordinary Shares of  in Salter Housewares Limited

WEIGH-TRONIX (UK) LIMITED

36,900,498 Ordinary Shares in GEC Avery International Limited

SWT FINANCE B.V.

Nil

SWT HOLDINGS B.V.

2,812,500 Shares of (Pounds)1.00 each in Salter Housewares Holdings Limited

2,622,500 Shares of (Pounds)1.00 each in Salter Weigh-Tronix Limited

1 Ordinary Share of (Pounds)1.00 each in Weigh-Tronix UK Limited
--
<PAGE>

                                  Schedule 4

                             Intellectual Property

SALTER WEIGH-TRONIX LIMITED

As attached

SALTER HOUSEWARES HOLDINGS LIMITED

Nil

WEIGH-TRONIX (UK) LIMITED

Nil

SWT FINANCE B.V.

Nil

SWT HOLDINGS B.V.

Nil
<PAGE>

                                  Schedule 5

                              Plant and Machinery

SALTER WEIGH-TRONIX LIMITED

As attached

SALTER HOUSEWARES HOLDINGS LIMITED

Nil
---

WEIGH-TRONIX (UK) LIMITED

Nil

SWT FINANCE B.V.

Nil

SWT HOLDINGS B.V.

Nil
<PAGE>

                                  Schedule 6

                                   Chargors

<TABLE>
<CAPTION>
Name of Company                         Registered Office             Registered No./Trade
                                                                      Register No.
<S>                                     <C>                           <C>
Salter Weigh-Tronix Limited             George Street                 3492627
                                        West Bromwich
                                        West Midlands  B70 6AD

Salter Housewares Holdings Limited      211 Vale Road                 3492644
                                        Tonbridge
                                        Kent  TN9 1SU

Weigh-Tronix (UK) Limited               Broadwalk House               3943960
                                        5 Appold Street
                                        London  EC2A 2HA

SWT Finance B.V.                        Joan Muyskenwej 4             33273222 on the Trade
                                        1096CJ Amsterdam              Register of Amsterdam
                                        The Netherlands,
                                        having its corporate seat
                                        in Amsterdam.

SWT Holdings B.V.                       Joan Muyskenwej 4             33273321 on the Trade
                                        1096CJ Amsterdam              Register of Amsterdam
                                        The Netherlands,
                                        having its corporate seat
                                        in Amsterdam.
</TABLE>
<PAGE>

                                  Schedule 7

                                 Bank Accounts

SALTER WEIGH-TRONIX LIMITED

Account                          Location                             Number

(Pounds) Current Account         Fleet National Bank, London, UK      019519272
$ Current Account                Fleet National Bank, London, UK      01954812
  Current Account                Fleet National Bank, London, UK      0194847
(Pounds) Current Account         HSBC, West Bromwich, UK              01359002
(Pounds) Current Account         HSBC, Sheffield, UK                  61142054
(Pounds) Current Account         Lloyds TSB, Ipswich, UK              1815599
(Pounds) Current Account         Lloyds TSB, Cwmbran, UK              1429861

SALTER HOUSEWARES HOLDINGS LIMITED

Account                          Location                             Number

(Pounds) Account                 Fleet Bank Boston, London            1954497

WEIGH-TRONIX (UK) LIMITED

Account                          Location                             Number

(Pounds) Current Account         Fleet BankBoston, London             2250220
$ Current Account                Fleet BankBoston, London             2250239

SWT FINANCE B.V.

Account                          Location                             Number

(Pounds) Account                 Bank Boston, N.A., London            1829047

SWT HOLDINGS B.V.

Nil
<PAGE>

                                  SCHEDULE 8

                 Form of Notice of Charge of Charged Accounts

To: [Institution where Assigned Account is held]                          [Date]

Address

1    Fleet National Bank (the "Security Agent") and [.] (the "Chargor") give
     notice that, by an assignment contained in a Fixed and Floating security
     Document dated [.] 2000 between, among others, the Company and the Security
     Agent, the Company charged to the Security Agent all its present and future
     right, title and interest in and to the accounts with you listed below (the
     "Charged Accounts") including all moneys which may at any time be standing
     to the credit of any Charged Account.

                   Name of Account                Account Number

                         .                              .

                         .                              .

                         .                              .

2    Accordingly, until you receive instructions from the security to the
     contrary, the Chargor may operate the Charged Accounts as it sees fit.

3    Once you receive instructions from the Security Agent:

3.1  all rights, powers and discretions of the Chargor in relation to any
     Charged Account shall be exercisable solely by the Security Agent

3.2  no moneys may be released from any Charged Account without the prior
     written consent of the Security Agent and

3.3  you should apply any amount standing to the credit of any Charged Account
     as directed from time to time by the Security Agent.

4    You agree:

4.1  to disclose to the Security Agent such information relating to any Charged
     Account as the Security Agent may from time to time request and

4.2  not to claim or exercise any security interest in, set-off, counterclaim or
     other rights in respect of any Charged Account.

5    This authority and instruction is irrevocable without the prior written
     consent of the Security Agent.
<PAGE>

Please acknowledge receipt of this Notice of Charge, and confirm that you will
pay all moneys as directed by or pursuant to this Notice of Charge and will
comply with the other provisions of this Notice of Charge, by signing the
acknowledgement on the attached copy of this Notice of Charge and returning that
copy to the Security Agent at [.], marked for the attention of [.].

______________________________           ______________________________
For and on behalf of [.]                 For and on behalf of [.]
as Security Agent                        as Chargor

[On duplicate]

We acknowledge receipt of the Notice of Charge of which this is a copy and agree
to comply with its terms. We confirm that we have not received any other notice
of charge or notice that any other person claims any rights in respect of any
Charged Account.

______________________________
For and on behalf of
[Institution where Bank Account is held]

Date:_________________________
<PAGE>

SIGNED as a DEED by SALTER                        /s/ Larry Gunning
WEIGH-TRONIX LIMITED acting by its                LARRY GUNNING
                                                  -----------------
attorney
in the presence of
                                                  /s/ James Hogben
                                                  JAMES HOGBEN
                                                  -----------------

Witness:
Name:          JAMES HOGBEN

Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       George Street
               West Bromwich
               West Midlands B70 6AD

Fax No:        0121 500 4707

Attention:     Company Secretary

SIGNED as a DEED by SALTER                        /s/ Larry Gunning
HOUSEWARES HOLDINGS LIMITED                       LARRY GUNNING
                                                  -----------------
acting by its attorney
in the presence of:                               /s/ James Hogben
                                                  JAMES HOGBEN
                                                  -----------------

Witness:

Name:          JAMES HOGBEN
Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       211 Vale Road
               Tonbridge
               Kent TN9 1SU

Fax No:

________________________________________________________________________________
<PAGE>

Attention:     Company Secretary

SIGNED as a DEED by WEIGH-TRONIX                  /s/ Larry Gunning
UK LIMITED acting by its attorney                 LARRY GUNNING
                                                  -----------------
in the presence of:
                                                  /s/ James Hogben
                                                  JAMES HOGBEN
                                                  -----------------

Witness:
Name:          JAMES HOGBEN
Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       Broadwalk House
               5 Appold Street
               London, EC2A 2HA

Fax No:

Attention:     Company Secretary

SIGNED as a DEED by                               /s/ Larry Gunning
SWT FINANCE B.V. acting by its attorney           LARRY GUNNING
                                                  -----------------

in the presence of:                               /s/ James Hogben
                                                  JAMES HOGBEN
                                                  -----------------

Witness:

Name:          JAMES HOGBEN
Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

________________________________________________________________________________
<PAGE>

Address:       c/o Weigh-Tronix LLC,
               293 S.Main Street,
               Providence,
               Rhode Island 02903

Tel No:        (401) 272 4402

Fax No:        (401) 751 - 8829

Attention:     Chief Financial Officer

SIGNED as a DEED by                               /s/ Larry Gunning
SWT HOLDINGS B.V. acting by its                   LARRY GUNNING
                                                  -----------------
attorney
in the presence of:                               /s/ James Hogben
                                                  JAMES HOGBEN
                                                  -----------------

Witness:
Name:          JAMES HOGBEN
Address:       Broadwalk House
               5 Appold Street
               London
               EC2A 2HA

Occupation:    Solicitor

Address:       c/o Weigh-Tronix LLC,
               293 S.Main Street,
               Providence,
               Rhode Island 02903

Tel No:        (401) 272 4402

Fax No:        (401) 751 - 8829

Attention:     Chief Financial Officer

SIGNED by FLEET NATIONAL BANK acting by:          /s/ Robert S. White
                                                  ROBERT S. WHITE
                                                  --------------------

Address:       100 Federal Street,
               MA DE 10307C
               Boston, Massachusetts 02110

________________________________________________________________________________
<PAGE>

Tel No:        (617) 346 - 4665

Fax No:        (617) 346 - 5833

Attention:     Al Lima

With a copy to: Fleet National Bank

Address:       100 Federal Street,
               MA DE 10307C
               Boston, Massachusetts 02110

Tel No:        (617) 434 - 9383

Fax No:        (617) 434 - 4929

Attention:     Connie Moore

and

Lehman Commercial Paper Inc.

Address:       3 World Financial Centre,
               New York, New York 10285

Tel No:        (212) 526 - 4059

Fax:           (212) 526 - 7691

________________________________________________________________________________

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