Mr. Michael Doorly:

Again, talking about the business and the business in Ireland, and the Irish Independentand Sunday Independent, we are talking about the Irish operation. Throughout all of this, and throughout the debt issue, and throughout the restructuring, the Irish business continued to be profitable and is so to this day. It continued its normal cycle of business. Yes, at a balance sheet level outside of the operation there were credit issues. With the credit crunch the company was unable to extend its facilities. That is what caused the problem.