Mr. John Corrigan:

In my earlier remarks I outlined in some detail the various meetings we have had with investors. In those meetings we did not lean to any extent on a deal on the promissory notes or a deal with the ESM. Given that we are in the process of rebuilding confidence with investors, the general approach we have taken is to hopefully under-promise and hopefully over-deliver. Some investors have priced in relief on the promissory notes but I imagine this has happened to a lesser extent on the ESM. It would be a disappointment - I will choose my words carefully - if there were no deal.