Mr. Frank Daly:

Yes, what I mentioned ... what I talked about was that, you know, from the ... from the time the troika came ... came to Ireland and had an influence in Ireland, and they met on a very regular basis with all of the players including NAMA, and it was quite obvious at those meetings, and particularly the ECB representatives at those meetings that they regarded early debt repayment by NAMA as a fundamental indicator that NAMA was taking its business seriously, that NAMA was working out the assets, was acting as a real asset management company, and, in the broader sense, that the country was serious about repaying its debt. So it was ... I mean, I don't think anybody at any stage said to us, "You have to do this by this date," but it was very obvious that that was the approach that they favoured and that continued after the €7.3 billion ... or, €7.5 billion payment.