Mr. Frank Daly:

At the end of the day, Fortress took the view that the portfolio was not worth our reserve price and that happens. They will still kick in with a bid though, and that happens, in the hope that maybe nobody else is ahead of them, and in the hope that maybe NAMA, or whoever is selling, and it would be the same in the bank, would say, "Okay, they didn't quite make the reserve price but it is good enough". So there was the competitiveness element. It is not just NAMA, it is not-----