Insurers:
Newline Underwriting Management.

Cover:
Legal Liability against Death Injury Illness or Disease sustained by any employee arising out of and during the course of their employment.

Agents' address:
HSBC Insurance Brokers Limited
General Corporate & Commercial Risk Division
4th Floor
54 Hagley Road
Edgbaston
Birmingham B16 8PE.

Policy No:
R0440602

Expiry Date:
24th October 2005.

Limit of Imdemnity:
£10,000,000 any one occurence.

Insurers:
Newline Underwriting Management.

Cover:
Legal Liability against Death Injury Illness or Disease to Third Parties and Damage to their Property arising out of the Business, including goods sold or supplied.

Agents' address:
HSBC Insurance Brokers Limited
General Corporate & Commercial Risk Division
4th Floor
54 Hagley Road
Edgbaston
Birmingham B16 8PE.

Policy No:
R0440602

Expiry Date:
24th October 2005.

Limit of Imdemnity:
£5,000,000 any one claim. £5,000,000 any one year in respect of Products.

Indemnity to Principal:
Yes

Contract Works & Hired In Plant

Insurers:
Chubb Insurance.

Agents' address:
HSBC Insurance Brokers Limited
General Corporate & Commercial Risk Division
4th Floor
54 Hagley Road
Edgbaston
Birmingham B16 8PE.

Policy No:
06624178

Expiry Date:
25th October 2005.

Limits:
Contract Works Value £2,000,000.
Hired In Plant £100,000 (value of any one item). Constructional Plant and Equipment: £12,000.

Professional Indemnity

Insurers:
Hiscox Insurance Company

Agents' address:
HSBC Insurance Brokers Limited
General Corporate & Commercial Risk Division
4th Floor
54 Hagley Road
Edgbaston
Birmingham B16 8PE.

Underwritten by Dickson Manchester Underwriting

Policy No:
TBA

Expiry Date:
24th October 2005.

Limit of Imdemnity:
(AGGREGATE) £1,000,000.00.

Insurers: WR Barclay

Please Note:
All policies are subject to insurer's policy terms and conditions.

For further information on any of the above policies, please contact our Insurance Brokers:

HSBC Insurance Brokers Limited
General Corporate & Commercial Risk Division
4th Floor
54 Hagley Road
Edgbaston
Birmingham B16 8PE.

Tel: 0121 455 2500
Fax: 0121 455 2526

NB This Summary is for information purposes only and is not intended to replace or be read or substitute the Policy documents, which will be made available for inspection upon request.