I think probably it is very tough out there at the moment (for Skandia) with what has been going on,

That is a significant level,

The three top shareholders (Fidelity, Cevian and Burdaras) are very much in favor of the transaction. We are confident that the compelling logic of the transaction is coming through,

Although we have had indications from certain Skandia shareholders that they do not accept, this has got a long way to go,

The (threshold in the) prospectus is at 90 percent. We want the whole of the company,

There is a degree of uncertainty, yes.