GORDON SIMPSON: Good morning, ladies and gentlemen. It's very nice to see everyone, so many of the media from all over Europe, and also we have a contingent from Asia this week which is very appropriate with Jeev Milkha Singh leading the tournament after three rounds.
It's become a tradition that we have this get-together on the Sunday morning of the Volvo Masters at Valderrama. It's good to see Jimmy Patino here with us as well, and George O'Grady, the Executive Director of The European Tour is going to kick off proceedings, and we'll have a question and answer session after George has said a few words. George, take it away.