Mr. Frank Daly:

Lazard were very clear in their evidence to this committee - I have seen it in one of the responses we sent back to the committee last night - that there was nobody else out there in their view who would bring, in their words, additive value to this process. These were the ones who - and again it is in our statements - were responsible for 88% of all European commercial real estate sales of over €1 billion. For me, the question in all of this is who was in and why did they leave etc., but there is some question mark out there that there was somebody else. I do not know who it is, and nobody has identified for me who it is.