Mr. Richard Woodhouse:

I run the specialised asset management group. For want of a better description, it is the cash flowing businesses as distinct from commercial real estate loans. In that area, we have approximately 100 regulatory groups or companies equating to approximately €5 billion on the bank's balance sheet. It is a fairly small number. It represents a significant discreet portfolio of high net worth, in the sense of company exposures. I operate the cash flow elements and another individual, Mr. Mark Layther, runs the unit dealing with smaller individual loans. He has approximately 2,000 connections in the commercial real estate space and there are thousands of individuals who borrowed less than €10 million for a number of projects embarked upon in 2005 and 2006. Many of them are now in need of care and attention. If one is looking for large groups, there are 100 companies in the €5 billion group, €7 billion comprises 2,000 representatives and the balance is a much wider spread. In the UK, it is a few hundred connections making up almost £8 billion of loans.