THE SCOTSMAN HOTEL GROUP LIMITED

Company number 03748878

Amendment to a pledge agreement dated 31 july 2000 to pledge a financial instruments account executed outside the united kingdom and comprising property situated outside the united kingdom

• Created: 20 July 2001
• Delivered: 10 August 2001
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• The Governor and Company of the Bank of Scotland

Amount secured

All debts and obligations including principal sum costs and accessories (either now or in the future) owed to the chargee and the other finance parties by the company (the "pledgor") pursuant to a loan agreement dated 9 september 1999 (as amended and restated in july 2000) made between the pledgor and certain of its subsidiaries and the governor and company of the bank of scotland (as arranger, underwriter, agent, working capital bank and security trustee)(the "facility agreement")

Short particulars

The 381,177 shares (the "pledged shares") held by the pledgor in tremoille holdings sa, together with every share, all other financial instruments and all the other securities, rights, revenues and other assets that replace the pledged shares or are added to them in any way and all income and distributions of every kind and in all currencies in respect of the pledged shares. The account opened in the books of tremoille in the name of the pledgor and in which the pledged shares are held (the "financial instruments account").