Mr. Tom O'Connell:

Yes, well, we did analyses on commercial property. But I mean, if you're talking about a paper with separate covers, if you like, as research papers that I've done and issued from time to time, was there one on commercial property? That didn't happen, I think, until about 2006 but we did have certainly commentary on commercial property developments - vacancy rates, rental, capital values of commercial property so they were all there and we knew that, you know. So the commentary was there. Maybe they weren't as highlighted as they might have been in special research papers until late, yes.