SCHEDULES

[F1 SCHEDULE A1 N.I.MORATORIUM WHERE DIRECTORS PROPOSE VOLUNTARY ARRANGEMENTF2

F1 2002 NI 6

F2 mod. by SR 2004/307

PART I N.I.INTRODUCTORY

Debt N.I.

11.   The debt of at least £10 million referred to in paragraph 5— N.I.

(a) may be incurred at any time during the life of the capital market arrangement, and

(b) may be expressed wholly or partly in a foreign currency (in which case the sterling equivalent shall be calculated as at the time when the arrangement is entered into).]