Document:

exhibit 4.16

EXHIBIT 4.16

SECOND SUPPLEMENTAL INTERCREDITOR DEED

Dated 31st March 2003

between

SPORTECH plc and Others 

as Companies

and

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

as Senior Bank, Senior Agent, Security Trustee, Mezzanine Lender,

Mezzanine Agent and Overdraft Bank

[LOGO]

Dickson Minto W.S.

Edinburgh

THIS SECOND SUPPLEMENTAL INTERCREDITOR DEED is made the 31st day of March 2003 between:

(1)

SPORTECH PLC (formerly known as Rodime plc) a company incorporated in Scotland with limited liability (registered number 69140) with its registered office situated at 249 West George Street, Glasgow G2 4RB as the Parent and one of the Companies;

(2)

Each of the Companies referred to in Schedule 1 hereto (the “Charging Companies”);

(3)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of The Mound, Edinburgh EH1 lYZ as Senior Bank;

(4)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of the address aforesaid as Senior Agent;

(5)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of the address aforesaid as Security Trustee;

(6)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of the address aforesaid as Mezzanine Lender;

(7)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of the address aforesaid as Mezzanine Agent; and

(8)

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND of the address aforesaid as Overdraft Bank.

WHEREAS:

(A)

the Parent, the Senior Agent and the Senior Banks and others entered into an intercreditor deed dated 10th August 2000 (as supplemented by a supplemental intercreditor deed dated 24th September 2002 between the parties hereto and as supplemented, varied, novated, restated or amended from time to time the “Intercreditor Deed”);

(B)

the parties wish to make certain amendments to the Intercreditor Deed.

NOW IT IS AGREED AND DECLARED as follows:

1.

DEFINITIONS AND INTERPRETATION

1.1

In this Second Supplemental Intercreditor Deed a term defined in the Intercreditor Deed has the same meaning when used in this Second Supplemental Intercreditor Deed unless otherwise defined herein and Schedule 2 of the Intercreditor Deed shall apply hereto.

1.2

This Second Supplemental Intercreditor Deed is a Financing Document in terms of the Senior Facility Agreement and the Mezzanine Facility Agreement.

 2.

CONDITIONS PRECEDENT

2.1

This Second Supplemental Intercreditor Deed and the amendments to the Intercreditor Deed referred to herein shall only come into effect if the Senior Agent confirms to the Parent that the conditions precedent set out in the Second Supplemental Facility Agreement dated of even date herewith between inter alia the Parent and the Senior Banks have been satisfied.

2.2.

If the Senior Agent confirms that conditions referred to in Clause 2.1 have not been satisfied on or prior to the date falling one month after the date of such Second Supplemental Facility Agreement then this Second Supplemental Intercreditor Deed will lapse and the amendments to be made in terms hereof will be of no effect.

3.

AMENDMENTS TO THE INTERCREDITOR DEED

3.1.

Subject to the terms of this Second Supplemental Intercreditor Deed, the Intercreditor Deed in the form set out in Schedule 2 to the Supplemental Intercreditor Deed shall be amended as follows:

3.1.1.

The word “and” shall be deleted where it appears in Clause 8.2(vi) of the Intercreditor Deed;

3.1.2.

The word “renewals” shall be deleted from Clause 8.2(vii) of the Intercreditor Deed and shall be replaced by the word “repayments” and the “l” shall be deleted from Clause 8.2(vii) of the Intercreditor Deed and shall be replaced by “; and”;

3.1.3.

The following additional Clause 8.2(viii) shall be inserted in the Intercreditor Deed following the amended Clause 8.2(vii):-

“(viii)

mandatory prepayments of Tranche B (as defined in the Mezzanine Facility Agreement) payable under Clause 13.11 of the Mezzanine Facility Agreement.”;

3.1.4.

The following additional definition shall be inserted in Schedule 2 to the Intercreditor Deed:

“Supplemental Intercreditor Deed” means the agreement dated 24th September 2002 and expressed to be supplemental to this Agreement;”.

3.2.

Subject to the terms of this Second Supplemental Intercreditor Deed, the Intercreditor Deed shall remain in full force and effect. This Second Supplemental Intercreditor Deed and the Intercreditor Deed shall be treated as one document so that, upon the Intercreditor Deed being amended as mentioned above, all references to the Intercreditor Deed shall be treated as references to the Intercreditor Deed amended in accordance with the terms of this Second Supplemental Intercreditor Deed.

4.

GENERAL

4.1.

Clauses 36 and 37 of the Intercreditor Deed shall be deemed to be incorporated in this Second Supplemental Intercreditor Deed as if set out herein.

4.2.

Each of the parties hereto hereby agrees that with effect from the date of this Second Supplemental Intercreditor Deed the notice details of each of the Companies for the purposes of Clause 35.2 and all other provisions of the Intercreditor Deed shall be as identified with its execution below.

4.3.

This Second Supplemental Intercreditor Deed may be executed in any number of counterparts, all of which taken together shall constitute one and the same Deed.

5.

GOVERNING LAW AND JURISDICTION

This Second Supplemental Intercreditor Deed is governed by the laws of England and Wales and the parties hereto hereby submit to the non-exclusive jurisdiction of the Courts of England.

IN WITNESS WHEREOF this Deed has been executed as a deed by each of the parties hereto on the date and year first above written.

SCHEDULE 1

THE CHARGING COMPANIES

Littlewoods Leisure Marketing Services Limited 

Littlewoods Promotions Limited 

Littlewoods Lotteries Limited 

Littlewoods Competitions Company Limited 

Rodime Technologies Limited 

Littlewoods of Liverpool Limited 

Bet 247 Limited (formerly Littlewoods Leisure Limited) 

Littlewoods Pools Limited 

Littlewoods Gaming Limited (formerly Littlewoods Leisure Ads Limited) 

Littlewoods Isle of Man Limited

SIGNATORIES

	EXECUTED and DELIVERED as a

Deed by SPORTECH PLC

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS LEISURE MARKETING SERVICES LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS PROMOTIONS LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

 

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS LOTTERIES LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS COMPETITIONS COMPANY LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by RODIME TECHOLOGIES LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS OF LIVERPOOL LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by BET 247 LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS POOLS LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS GAMING LIMITED

by:-

	 
	 	Director

	Secretary

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

	EXECUTED and DELIVERED as a

Deed by LITTLEWOODS ISLE OF MAN LIMITED

by:-

	 
	 	Director

	Director

	Address For Notice:

	Sportech House

2 Enterprise Way

Wavertree Technology Park

Liverpool L13 1FB

	Fax No.:

	0151 288 3048

SENIOR BANK

	EXECUTED and DELIVERED as a

Deed for and on behalf of THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND in its capacity as Senior Agent by an authorised signatory in the presence of:-

	

	Authorised Signatory

	 	Witness

	Douglas Archibald

	Full Name

	Bank of Scotland

	Address

	Edinburgh

	 
	Corporate Banking Manager

	Occupation

	Address for Notice:

	Corporate Banking

Fourth Floor

New Uberior House

11 Earl Grey Street

Edinburgh EH3 9BN

	Fax No.:

	0131 659 0865

SENIOR AGENT

	EXECUTED and DELIVERED as a

Deed for and on behalf of THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND in its capacity as Security Agent by an authorised signatory in the presence of:-

	

	Authorised Signatory

	Witness

	Douglas Archibald
	Full Name

	Bank of Scotland
	Address

	Edinburgh
	 
	Corporate Banking Manager
	Occupation

	Address for Notice:

	Corporate Banking

Fourth Floor

New Uberior House

11 Earl Grey Street

Edinburgh EH3 9BN

	Fax No.:

	0131 659 0865

MEZZANINE LENDER

	EXECUTED and DELIVERED as a

Deed for and on behalf of THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND in its capacity as Mezzanine Lender 

by an authorised signatory in the presence of:-

	

	Authorised Signatory

	 	Witness

	Douglas Archibald
	Full Name

	Bank of Scotland
	Address

	Edinburgh
	 
	Corporate Banking Manager
	Occupation

	Address for Notice:

	Corporate Banking

Fourth Floor

New Uberior House

11 Earl Grey Street

Edinburgh EH3 9BN

	Fax No.:

	0131 659 0865

MEZZANINE AGENT

	EXECUTED and DELIVERED as a

Deed for and on behalf of THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND in its capacity as Mezzanine Agent, 

by an authorised signatory in the presence of:-

	

	Authorised Signatory

	 	Witness

	Douglas
      Archibald	Full Name

	Bank of Scotland

	Address

	Edinburgh

	 
	Corporate Banking Manager

	Occupation

	Address for Notice:

	Corporate Banking

Fourth Floor

New Uberior House

11 Earl Grey Street

Edinburgh EH3 9BN

	Fax No.:

	0131 659 0865

  OVERDRAFT BANK

	EXECUTED and DELIVERED as a

Deed for and on behalf of THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND in its capacity as Overdraft Bank 

by an authorised signatory in the presence

of:-

	

	Authorised Signatory

	 	Witness

	Douglas Archibald

	Full Name

	Bank of Scotland

	Address

	Edinburgh

	 
	Corporate Banking Manager

	Occupation

	Address for Notice:

	Corporate Banking

Fourth Floor

New Uberior House

11 Earl Grey Street

Edinburgh EH3 9BN

	Fax No.:

	0131 659 0865FIFTH AMENDMENT TO
                              AMENDED AND RESTATED
                            EWP BRIDGE LOAN AGREEMENT

     This  FIFTH   AMENDMENT  TO  AMENDED  AND  RESTATED  LOAN  AGREEMENT  (this
"Amendment")  is made and entered  into as of August 27, 2003  between  KEYSTONE
CONSOLIDATED  INDUSTRIES,  INC., a Delaware  corporation  ("Keystone"),  and the
lenders listed in Annex I hereto (individually a "Lender" and collectively,  the
"Lenders").

                                    Recitals

     A.  Keystone and the Lenders  have  entered  into that certain  Amended and
Restated EWP Bridge Loan Agreement  dated as of November 21, 2001, as amended by
the First  Amendment to Amended and Restated EWP Bridge Loan Agreement  dated as
of March 18, 2002  between  Keystone and the  Lenders,  the Second  Amendment to
Amended and  Restated  EWP Bridge Loan  Agreement  dated as of December 31, 2002
between  Keystone and the Lenders,  the Third  Amendment to Amended and Restated
EWP Bridge Loan  Agreement  dated as of June 30, 2003  between  Keystone and the
Lenders and as further  amended by the Fourth  Amendment to Amended and Restated
EWP Bridge Loan  Agreement  dated as of July 31, 2003  between  Keystone and the
Lenders (collectively, the "Loan Agreement").

     B.  Keystone and the Lenders  wish to amend the Loan  Agreement as provided
herein.

     C. Capitalized  terms used but not otherwise  defined herein shall have the
same meanings given to such terms in the Loan Agreement.

                                    Agreement

     In  consideration  of the foregoing and the mutual covenants and agreements
herein, the parties hereto do hereby agree as follows.

     Section 1. Amendment to Loan  Agreement.  Section 3.3 of the Loan Agreement
shall be amended by deleting  such section in its entirety and replacing it with
the following:

          3.3. Maturity Date. Unless the same shall become due earlier
     as a result of  acceleration  of the  maturity,  the Loans  shall
     mature on September 30, 2003 (the "Maturity Date"), at which time
     the  outstanding  principal  balance of the Loans and all accrued
     and unpaid  interest  and  commitment  fees shall  become due and
     payable.

     Section 2. Effect on Loan Agreement and Notes.  Upon the  effectiveness  of
this Amendment,  all Notes outstanding  immediately prior to such  effectiveness
shall be deemed  amended as  necessary or  appropriate  to reflect the terms and
conditions set forth in the Loan Agreement as modified by this Amendment, and in
the event of a conflict between any term or condition of such Notes and the Loan
Agreement  as so modified,  the Loan  Agreement  as so modified  shall  control,
notwithstanding  any  provision  of such  Notes  or the  Loan  Agreement  to the
contrary.  Except as modified by this  Amendment,  the Loan  Agreement  and such
Notes  are in  all  respects  ratified  and  confirmed  and  all  of the  terms,
conditions and provisions thereof shall remain in full force and effect.

     Section 3. Governing Law. This Amendment shall be governed by and construed
in accordance  with the laws of the state of Texas without  giving effect to any
choice or conflict of law  provision  or rule  (whether of the state of Texas or
any other  jurisdiction)  that would  cause the  application  of the laws of any
jurisdiction other than the state of Texas.

     Section 4. Headings.  The section headings  contained in this Amendment are
for  reference  purposes  only and will not  affect  in any way the  meaning  or
interpretation of this Amendment.

     Section  5.  Counterparts;  Facsimile.  This  Amendment  may be  separately
executed  in  counterparts  and by the  different  parties  hereto  in  separate
counterparts,  each of which when so executed  shall be deemed to constitute one
and the same Amendment. This Amendment when executed may be validly delivered by
facsimile or other electronic transmission.

     Section  6.  Severability.   Any  provision  of  this  Amendment  which  is
prohibited or unenforceable in any jurisdiction,  shall as to such jurisdiction,
be ineffective to the extent of such  prohibition  or  unenforceability  without
invalidating  the  remaining  provisions  hereof or  affecting  the  validity or
enforceability of such provision in any other jurisdiction.

                  [Remainder of page intentionally left blank.
                            Signature page follows.]

<PAGE>

     The  parties  hereto  have  caused  this  Amendment  to be  executed by the
undersigned thereunto duly authorized as of the date first written above.

                                    KEYSTONE:

                     KEYSTONE CONSOLIDATED INDUSTRIES, INC.

                       By:
                           ----------------------------------------------------
                       Name:
                           ----------------------------------------------------
                       Title:
                           ----------------------------------------------------

                                  THE LENDERS:

                                EWP FINANCIAL LLC

                       By:
                          -----------------------------------------------------
                       Name:
                          -----------------------------------------------------
                       Title:
                          -----------------------------------------------------

<PAGE>

                                                      ANNEX I

<TABLE>
<CAPTION>
                                                                                                  % of Total
       Name of Lender                 Address of Lender               Commitment                   Commitment

<S>                             <C>                                    <C>                            <C>
EWP Financial LLC               Three Lincoln Centre                   $6,000,000                     100%
                                5430 LBJ Freeway
                                Suite 1700
                                Dallas, Texas   75240

Total Commitment Amount:................................               $6,000,000
</TABLE>

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