Mr. Michael McAteer:

It is exclusively for euro-sterling fluctuations. The reserves are carried at an exchange rate of €1 to £0.83. which was booked at the last audited accounts. The figure for €215 million is on the assumption that these reserves had to be paid out at £0.70. Every time one pays out the current rate of €1 to £0.80, there is a saving of some of that provision.