Mr. Paul Maloney:

At the meeting with Mr. McNamara on the night of 23 October, we reiterated that the maximum price we would go to was €375 million. He actually talked about a price that was greater than that - €437 million. It is at the bottom of that page. We thought that was ludicrous and should not be done. He then said he would bring it back to €411 million. These were his statements. What we were bringing back to the board was that we stuck resolutely to €375 million and he had moved from €437 million down to €411 million. It was his choice why he picked €411 million. That is where the figure appeared from.