Mr. John Corrigan:

It is a fact that the agencies followed markets on the way down and, equally, in my humble opinion, they will follow them on the way up. They will revise their ratings when we get there, which means the ratings will be revised when we are out of the troika programme. Our approach to investor relations and selling is to focus on the bigger investment houses which do not rely slavishly on credit rating agencies' rankings. There are major investment houses which have their own teams of credit analysts and which are not constrained. We have made considerable progress on that front, as evidenced by the recent bond issue.