Mr. Sean Quigley:

The fees we paid in 2013, and in 2014 as well, were €1.47 million. As a percentage of the total funds under management, that is of the order of 0.12%. Our investment advisors would tell us that these fees are substantially lower than pension funds or equivalent funds that one would find out there, so we push a very hard bargain in relation to these fees. They are extremely low.