Mr. Cormac McCarthy:

Yes, Deputy, as I said in response to, I think it was Senator D'Arcy's question, we did engage with NAMA in its early stages to see if there was any possibility of us selling assets to NAMA. NAMA was the only buyer of assets in the market at the time. There was no liquidity available from anything else, so it would have been reasonable for us to try to do that. As it turned out, those conversations didn't last very long, because it was the guaranteed banks that were involved in NAMA, and nobody else. So nothing came of very early stage conversations.