Mr. Martin Stapleton:

We make some contact, but the instruction that comes back to us most often in the correspondence is that the agent has been instructed by its client, namely, the fund, that it must recover all the debt. The agent's aim is to recover that debt as quickly as possible. Letters will be sent, which will lead determine how the case develops and usually involves the appointment of a receiver. Then the receiver will take over the communication and work towards selling the asset. There is, therefore, no possibility I can see of the funds being interested in long-term arrangements.