Allstate Insurance will move to Safelite (Belron US) for its auto glass claims administration work, effective 2 January 2012. We do not anticipate that the contract will have a major impact on Belron group’s top line. Safelite will handle the administration work but car owners can chose the repairer. In other words,Safelite will not automatically conduct the repair work. The news is positive however because it illustrates Belron’s competitive strength and its strong relationship with major insurance companies. Belron is playing a consolidating role in the US where it has a market share of about 26%. There is still significant upside potential. No change to our BUY rating.