Mr. Patrick Sharkey:

The guidelines came out on Monday evening. We are only a day down the track from that and we believe they are still examining this. We have had some feedback in regard to concerns about the foundations. At the end of the day, I believe our interests are aligned in regard to restoring the value, in particular in regard to the local management. We have had meetings with AIB Group and Bank of Ireland local management and they are very conscious of the need to restore to mortgageable condition what is ultimately about one quarter of the housing stock in our region. Their local business is reliant on transacting on these houses, so they are very attuned to this. We await a meeting with Permanent TSB locally on this matter.