Mr. Declan Reid:

These are the letters to which Mr. Daly has just referred in his opening statement. They were received by the Minister, Deputy Noonan, from the then Northern Ireland Minister for Finance and Personnel following a meeting they had. The letters indicate that Brown Rudnick had approached the then Minister, Sammy Wilson, to say that it had identified two potential purchasers for the Northern Ireland portfolio of NAMA, that the potential purchasers had expressed an interest to Brown Rudnick and that Mr. Wilson was passing that interest on to the Minister, Deputy Noonan.