Pinewood TrustRegistered

Pay the sum of ONE HUNDRED POUNDS to the Trustees who shall hold and apply the said sum together with such other funds and assets, if any, as I or any other person may from time to time transfer to them as Trustees (the 'Trust Estate') for the following purposes: (1) for payment of the expenses of administering the Trust. and (2)for payment of the whole or such part of the free income and the whole or such part of the capital of the Trust Estate as the Trustees may from time to time consider desirable for such charitable purposes or to such charitable institutions, societies, foundations or funds as the Trustees may in their absolute discretion select.