MTN indicated that they expect earnings, HEPS, to be between 25 to 30 percent higher for the full year to end December 2013. There was a positive impact (1.1 billion Rand positive versus 2.7 billion Rand negative) from the weaker currency through the course of the year. Remember that FX losses of 178.5 cents were incurred in Iran, Syria and Sudan. Now the way I see it, Syria is worse, Sudan is worse, perhaps Iran is a lot better than before and that is probably where the positive impact was. HEPS last year was only 1089 cents, flat on the prior year because of those currency headwinds. So by my simple calculations HEPS should be in the 1361 to 1415 range. The stock initially popped, but the Sanusi news is negative and indicates that although Nigeria has come a long, long way in cleaning their banking sector, much is still to do.