Mr. David Duffy:

That is correct. It is an extensive period of time but I want to be clear on the point.

As part of the MARP process, where there is no engagement and there is that extensive arrears period, we must communicate with our letter which is to say the person must engage or it will become a legal process. That is the volume when we go through the whole portfolio; we have gone through 100% of the portfolio. We are encouraged though because it is serving its purpose well in that a significant number of the early recipients of the letters have engaged with the bank, made payments and sought to reach a solution that works for both parties.