3 4 CHAIRMAN: Good morning, Mr. Murphy. 5 - The Tribunal of ...

5812:40:4812 MR. MILLAR: I could be wrong but I don't think the Sterling exchanges that3 they have given us have any relationship to these figures at all.412:40:555 CHAIRMAN: I am just wondering what the Sterling exchange document that was6 put up earlier.78 JUDGE FAHERTY: 27286.912:41:021011 MR. HOLLAND: If it's of assistance, Sir, the calculations that we have done on12 the exchange rates which we hope to make available if required after lunch, do13 show that the rates apply to the three transactions in question are consistent14 with each other.12:41:201516 Now, it depends I suppose how you do the maths. But rather than produce that17 now, we would like to do it in a more organised format.1819 CHAIRMAN: Well it can be done. And if necessary, Mr. Hughes can come back12:41:4020 and deal with any issue that Mr. Millar is still concerned about.212223 MR. HOLLAND: Yes.2412:41:4125 CHAIRMAN: Can I just ask you, Mr. Hughes, in relation to the documentation26 that we've seen relating specifically to the Sterling change to Punts which has27 been generated. Was that prepared at the time do you know by the teller or at28 the end of the day?29 A. It was prepared at the time. You would get the rate.12:42:0930Premier Captioning & Realtime Limitedwww.pcr.ie Day 839