Mr. Derek Quinlan:

I don't think there's anything. I would have said, in hindsight, that the IFSC was a very safe place ... you had ... our initial scenario there was we had the likes of Deutsche Bank as a tenant and the property being bought in 1996 for around €24 million fell in value to €15 million by 2010, 14 years later. I don't think that anybody would have foreseen that.