Mr. Frank Daly:

I wish to make a point on that, because it goes back to the discussion we had with Deputy Cullinane earlier. We are talking about Appendix E and we are talking about board minutes. However, there is a way to exit people and it is a tactical approach. We would have had considerations at the time about ensuring that we were not in any way exposed to an action by PIMCO for exiting it from a process at a very late stage, where it had probably spent millions on due diligence. There is a process. I do not think that, at the end of the day, there is a huge difference, but we had a tactical approach. We wanted it out but we wanted to ensure we were not leaving ourselves exposed.

My apologies to the Deputy for interrupting him.