Mr. John Stanley Purcell:

Well, in relation to some of the concerns raised in 2004 in relation to senior management, there were ... it was mentioned there that there had been people recruited. There was ... and I think it was also dealt with by Michael Walsh and Michael Fingleton, there was a difficulty in recruiting extra non-executive directors around that time.

They have mentioned that a number of people were approached and the situation that INBS was going to demutualise and sell, it meant we were not a very attractive ... as I understand.