Mr. Oliver Ellingham:

The process was to keep it as a contained bidding group of three at a time, which was all that Lazard and any other advisory body, if we had approached it, would be comfortable with. With three parties one could try to keep it discreet but have a competition. That is why the others were not needed, unless somebody else came forward. Some of them chose not to go forward because they either did not think the assets were worth the £1.3 billion or they were uncomfortable about the timing-----