Mr. Gerry Mallon:

Perhaps I can also point back to the transcript. I accept fully that what I said in response to the Deputy was that we will be writing to them "this month". However, I qualified that by saying, "We are moving as fast as we can. The intention is to get those letters ... [out] this month". Shortly after that, we repeated that it was our intention to get the letters out, at which point my colleague, Mr. Stanley, clarified that we would have as many out as we could before Christmas but that some of them may drift into the early part of the new year due to the process. Later in the meeting a member of the committee reflected back to us on that and said, "I welcome the fact that the bank is committed to putting the 2,000 customers affected by the tracker mortgage debacle back onto the tracker mortgages by Christmas or, at the latest by early in the new year".