Ms Ann Nolan:

About a discount rate. As the Minister has said, both Mr. Declan Reid and Mr. Des Carville have a great deal of expertise and experience in the area of loan sales and the sale of underlying assets. They felt the discount rate was incorrect. I do not know if NAMA was necessarily at all of the meetings. I do not know whether NAMA's letter completely accurately reflects everything that was said at the meeting, it was one reference but it certainly is true-----