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K305 Submarine Chaser. Issued 1976.

Hull: Dark gray.
Deck: Cream.
Superstructure: Gray.
Base legend: 1976 Lesney; K301 Frigate & K305 Subchaser.
Guns/weapons: Black.
Hull labels: "F101".

1. Dark gray hull/cream deck/K201 Frigate 197 Lesney base/black guns & weapons/no labels/PP.
2. Dark gray hull/cream deck/K301 Frigate & K305 Subchaser 1976 Lesney base/"F101" labels.

Interesting treatment of the deck securing rivets, they look like they are heat sealed on the top model in the last picture.

Ghosthunter.