Mr. John Kelly:

The presentation represented the transaction as following the policy. I was not involved in any shape, manner or form in the transaction prior to it coming to the governing authority. I was not on the project team that brought it to the governing authority. Essentially, I was provided with a paper that had gone through the executive committee of the governing authority and the president requested me to bring it before the governing authority for approval. That was my involvement in it. I had no involvement in due diligence, legal matters or any of that. The sole request made of me was to bring it to the governing authority. As I said, it arrived with me on Friday, following that meeting of the executive committee, for presentation to the governing authority on Tuesday.