Mr. Dick Spring:

To add to that, there were two particular areas in which Dr. Somers and I were particularly active. One was ensuring the bank made contact with former executives who had retired on large pensions. We felt very strongly that they had a contribution to make. As the Chairman knows, this has been done. It was not done as quickly as we would have liked but was done consequent upon last year's annual general meeting. I understand progress has been made in that respect.

We both have an aversion to the presence of consultants in the bank. The bank has spent a lot of money on consultancy fees over the past several years. We are determined that will end as quickly as possible and reduce the cost of same.