Mr. Michael Fingleton:

I ... we didn’t ... you will ... I refer to the full reply and detailed reply of the Chairman, Dr. Walsh, to that letter, in December 2004, where he pointed out clearly that we had increased the level of management substantially in the organisation, which, clearly, the regulator wasn’t aware of. And, secondly, we also pointed out that while we needed some further strengthening of the management for normal administrative reasons, we were finding it difficult to get the calibre of employee because we were being sold ... the perception was out there that we were being sold and nobody was prepared to join us on a contract and all we could offer in anticipation of the sale was a contract.