Mr. Brendan Gleeson:

I accept that, and that is having come through a very difficult time and a difficult recession. However, at the time, a case was made by the board for the extension of the contract of the CEO based on the submission of a business plan and on the need for continuity. I believe that this individual had particular expertise in some of the proposals for the IT element of online services and commingling. That was the basis of the submission made and it was on that basis that we agreed to an extension. Ultimately, the CEO did not accept the post and was not appointed.