GRACECHURCH UTG NO. 251 LIMITED

Company number 04594226

Lloyd's kentucky joint asset trust deed dated 23 february 1996 (as supplemented and as amended from time to time and as supplemented by a deed of accession dated 1 january 2004)

• Created: 1 January 2004
• Delivered: 20 January 2004
• Status: Outstanding
• Transaction Filed: Registration of a charge (395)

Persons entitled

• The Trustee, Lloyd's, the Agent, All Policy Holders and Certain Other Persons or Bodies(As Further Defined on Form M395)

Amount secured

All monies due or to become due from the company formerly known as greenfield underwriting ii limited to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

The trust fund, the property set forth in schedule a to the trust deed comprising assets in aggregate of an amount not less than one third of the kentucky premiums written during the preceding calendar year. Cash in us currency or specifically designated readily marketable securities and/or letters of credit. (See form 395 for further details).