Mr. Patrick Davitt:

Okay. Well, the "poor valuation instructions", they were talking about the banks giving valuation instructions to the valuers. And in lots of case the valuation instructions, I'd say were quite poor. Normal valuers would look or normally a valuer would look for an instruction that would give you precise instructions as to what the bank wanted the valuation for and maps and everything to go with it. And in lots of cases, that wouldn't happen. The valuers might get a telephone call and say "will you go out to look at this house or this property, and will you do this valuation on it"? I suppose, that is what the Central Bank found and valuers ... we would have to say that that is correct.