Mr. Frank Daly:

No, definitely not. I go back to all the discussions we had around that issue. The £1.3 billion figure we put on this was a result of our own internal review, workings and considerations. That is how we got at that minimum price. It is probably not hugely surprising that it would not be totally different from somebody else because - and this goes back to the argument about purchaser and seller - one needs both of them to eventually come to some sort of agreement around the figure. Groupthink was certainly not a factor in our decision to come up with the figure of £1.3 billion. It was, however, a useful target to us. Here was somebody who we knew - as the CEO has said - was in very high standing internationally. They were coming up. There was an element of proof of concept in it for NAMA's board. There was the opportunity, an indicative price that was attractive and then we did our own thinking and we came up with a minimum price.