Mr. John Crawley:

The valuation process we have involves a couple of valuations. A formal valuation takes place every three years, so we had one in 2010 and another one is due as at 2013. Each year, when the directors sign off on the accounts, they assess the value of the assets and sometimes we take informal soundings in the market to see what is going on. The value of €9 million for assets still on the balance sheet, is a combination of market value since 2012, as updated in the market over the past couple of months. It also includes our own assessment as to what guide price we are putting on those properties, as we are in the process of selling them currently. We have agents engaged on the sale of those assets. I expect that €9 million is a solid figure. The assets are out to formal valuation at the moment.