Mr. John Osborne:

I think there is very vibrant involvement by the next generation and even the generation after that. We had a great result in the Land Rover race in Punchestown where Micheál Conaghan, who is probably in his late 20s, bred the winner. He tried to sell the horse last summer. He put him in training, and he won the Land Rover bumper at Punchestown. He sold him subsequently for a lot of money. There are a lot of people participating at that level from his cohort of people in their late 20s. It is very exciting.