Ms Julie Sinnamon:

We have 32 offices overseas and, as Mr. Sherry said, we constantly review office location and opening and closing offices. The choice of offices is a response to clients’ needs. At any stage if we see that there is a need to open an office, as opposed to just dealing with it from another territory, and with trade consultants in place, we will then decide, as we have done recently, for example, in South Africa where we have now decided to put an office.