Questions 95 - 97 (Mr Ian Davidson): The Carlyle Group

We do not currently have any substantial engagement with The Carlyle Group. Aerospace & defence is one of the sectors in which Carlyle does invest and, accordingly, the Department does from time to time have discussions with them. Such discussions are carried out on the same basis as those with other companies that invest in the defence industry. We were aware at the time of the sale that many of the potential bidders employed individuals who had been active in the political or military arena. However, this was not a factor which in any way influenced the selection process.

We have no comprehensive information on those employed by Carlyle or their advisors, either at the time or subsequently. This is a matter for the company.