Mr. Alan Merriman:

Okay. So, again, if I'm very precise on dates, this board minute is clearly, clearly in the context of the Government guarantee regime and therefore the reality is that while we're lending to those institutions, it's covered by the sovereign. And as an Irish building society operating in a stressed Irish banking context, it would have been very questionable had EBS not been supportive of this programme at that point in time. In other words, not being prepared to take risk on our own sovereign when our own sovereign was supporting the Irish banks and supporting EBS directly. So I think the context is very clear.