Mr. Liam Lacey:

I did not say we do not have engagement with would-be new entrants to the market. That happens all of the time and we welcome that. We encourage new entrants into this market and we present them with the reality of the market conditions that exist. After that, there is a commercial choice to be made by those new entrants but this happens all of the time and it is part of our ordinary activity. Those discussions are surrounded in issues of commercial sensitivity so we do not speak openly about this but that is a seminal part of the work we do in this organisation.