Mr. Phil Meaney:

I do not know. Prior to that I had been CEO of a company that was much larger than Bord na gCon and I was satisfied that I knew what was fair and reasonable. I had discussions with the then Minister of State, the late Deputy Shane McEntee. I was happy that what we had put in place, taking into account the economic conditions in which we lived, was fair and reasonable. I have to say the commitment of the board members, for the remuneration and expenses they receive, is very good value.