Mr. Tom O'Connell:

Yes, well, actually, the views in the comment, at the end of the day, didn't ... don't reflect my views. In fact, I remember my predecessor used to say, he has his own personal views, but, I mean, at these fora, meeting the press and so on, you're given the bank view. Now, quarter 4, 2007 ... I would think that, as I said earlier, property prices peaked in February 2007, and you are, sort of, getting a gradual decrease at that point. So, it was probably a hope or expectation that that sort of gradual decline, if you like, would continue.