Mr. Donal Rooney:

Let me clarify that, for the 2012 accounts, yes for the purpose of the fair value disclosure a 10% discount rate was used. For the 2013 accounts it was a blended approach, a 5.5% discount rate was used for the cash flows up to the end of 2017 and 10% thereafter. It was a change in methodology which can happen in the normal course of events year to year but that was a blended discount rate for the entire NAMA loan book. Project Eagle was only one component within that loan book. There are lots of other far superior assets, far superior loans as part of that loan book so therefore the blended approach of somewhere between 5.5% and 10% might have been appropriate.