Mr. Lar Bradshaw:

Yes. Ms Moylan explained this in great detail when the committee asked her about this at the last meeting at which this was discussed. The letter was sent. I am saying to you honestly that I do not think that letter is well phrased. I think what it should have said is that the capital outlay would be significantly higher than the valuation we had done a year ago at €240 million or whatever. That is what I think should have been in the letter. I did not see the letter before it went. I think - I am extrapolating a little bit, so help me with this - that at the board meeting on the 20th, as can be seen near the end of the minutes - I do not have them in front of me - there was a reference to the letter and to the number. There was a discussion about the fact that the plot ratio was different. Do you see that under the 20th? I think what happened is that the letter was sent and it was included in our pack. It went on 12 October from Mr. Paul Maloney to Ms Mary Moylan. On 20 October, in the board pack that we received, there would have been-----