Mr. Brendan McDonagh:

Absolutely. We have done joint ventures with people on certain properties where we thought it would help to get co-investors in to make certain things happen and we are always open to those opportunities. We also worked well with local authorities and the Department of Education and Skills in trying to facilitate school sites and funding for roads or infrastructure if it made sense in terms of opening up land which could have been landlocked when we inherited it. We have shown we have done many things over the life of NAMA. We would never not try something if we thought we could make it work.