JOHN MARSHALL ENGINEERS LIMITED (Registered No. 00589097)

Nature of Business: Manufacturers of Tube and Bar Processing Systems. Trade Classification: 11. Date of Instrument under which Appointed: 31st March 1995. Brief Description of Instrument: Debenture giving the holders a fixed and floating charge over the assets of the Company. Description of Assets in Respect of which Appointment Made: All of the assets and undertaking of the Company. Date of Appointment of Joint Administrative Receivers: 23rd January 1998. Name of Person Appointing the Joint Administrative Receivers: Midland Bank plc. Joint Administrative Receivers: David Robert Wilton and Alistair Michael Grove, (Office Holder Nos. 5708 and 7913), c/o Coopers & Lybrand, Temple Court, 35 Bull Street, Birmingham B4 6JT.