Mr. Frank Daly:

On the property market, we said earlier today and in some statements we made recently that we would be cautiously optimistic about the property market now but that we do not believe the recovery will be a homogenous one across the country but that the signs are more positive. If we take the residential property market, in the Dublin area, and it may be in some pockets of the Dublin area, there are positive signs. Indeed, the latest Central Statistics Office figures out today indicate an increase in property prices in Dublin of over 2% while indicating that there is a drop elsewhere, but it is a very small drop. That is what we would see. On commercial property, there are some difficult areas but as we referred to earlier strong demand for buying office space will emerge in certain areas, particularly in Dublin, in the next few years.

The other element of it is that the residential rental market is very strong. We have approximately 9,000 properties rented at the moment. We can rent them within-----