Ann: Aje Development Funding Arrangements, page-15

Sorry another factor of importance is the percentages of debt taken on by Cornhill, who we assume have a stake in the AIM listed company but on my reading of it will have some exposure themselves to this debt. Of course the agreement removes all debt exposure for JKA we assume as long there are no significant overruns. If there are Cornhill and the AIM company can run, but they get no refund on debt already paid, so that is the key to keeping them in it.