Mr. Oliver Ellingham:

What would typically happen is that when an adviser is waiting to close an auction, the adviser knows it has to come to the board so the board's secretary would say that an emergency board meeting is needed some time this afternoon or evening and we find a time when everybody can attend either by phone or in person. Some papers would be sent electronically to iPads, which are all NAMA-secure. The chairman is always very strict about making sure we have time to read the papers before we have a board meeting. On something like this, the clear issue was that we had some proposals regarding the sale of Project Eagle and it needed a board decision. All of the issues to be opined on were then set out and discussed.