Mr. Richie Boucher:

One of the things to note about the investors is that they were not acting in concert. They were different investors. They are different types of companies. That was made very clear to the shareholders and was confirmed by the stock exchange. The core investors were Capital and Fidelity - each either the second or third biggest fund managers in the world. They would have made a separate investment. Because of the nature of the investment at the time, which was in the middle of a rights issue, the investors had to come together for the specific purpose of taking up the stock. The investors have confirmed, to the stock exchange and to their own regulators, that they did not act together.