I refer the hon. Member to my reply of 8 November 2013, Official Report, column 398W. As of 1 November 2013, 698 branches had signed binding contracts to convert to the local operating model, with 507 having already converted. In total, as of the same date, 2,113 branches have signed contracts to convert under the modernisation programmes, with 1,274 of those having completed the conversion process. Post Office Ltd, which is responsible for delivering the Network Transformation programme, exceeded the number of expected conversions in 2012/13, with 1,450 branches signing binding contracts to convert. Progress continues to be made in the current financial year, which ends 31 March 2014 and is the subject of continuing monitoring and review.