Mr. Paul Gallagher:

30 November 2007. Now, the possibilities were worked on, they were slightly varied, new ideas came in but there was constant interaction over that period.

I think what changed on the night of the guarantee was this; over the period, I believe probably until September 2007, there was a very considerable fear something might happen and people were preparing for it so they could address it. I think things began to change in September and I think-----