Mr. Paul Maloney:

He just gave his valuations, which we did not agree with. Therefore, when the board asked how he came up with €437 million, we said he got it from own valuations, of which we did not have a copy at the time. The board said that he could be allowed to increase it if he had information from those valuations, which we patently did not have in our valuation because it was €375 million. It was up to him to make that bid, which he ultimately did not do. I presented the reasons that we were limiting it to €375 million to him. I think that caused him to rethink his valuations.