Presently, Equity Residential exercised its, previously assigned, exclusive right to purchase the remaining 26.5% banks' interests in Archstone. However, Lehman has also exercised its ROFO right and executed a binding purchase agreement with the two banks to acquire the Archstone interest for the same purchase bid. This transaction is expected to close within approximately 15 days. Both the parties have released each other from all claims regarding Archstone.