New or amended items marked *
                                 ALL TIMES GMT (Note: Czech Republic GMT+2)
                                 See below for full macroeconomic forecasts
================================================================================
                                 UPCOMING ECONOMIC INDICATORS <ECONCZ>
 DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR
 30/05  0800/1000   Money supply           May        n/f         9.0%
 02/06  0700/0900   Real wage y/y          Q1         n/f         1.9%
 02/06  0730/0930   PMI index              May        n/f        54.1
 02/06     n/a      Budget balance         May        n/f       -28.09bln
 06/06  0700/0900   Foreign trade          April      n/a         8.12bln
 06/06  0800/1000   FX reserves            May        n/f        24.66bln
 09/06  0700/0900   Inflation m/m          May        n/a         0.4%
 09/06  0700/0900   Inflation y/y          May        n/a         6.8%
 09/06  0700/0900   Unemployment           May        n/a         5.2%
 10/06  0700/0900   GDP y/y                Q1         n/f         6.6%
 11/06  0700/0900   Industrial output      April      n/a        -2.1%
 12/06  0700/0900   Construction output    April      n/f         0.8%
 13/06  0700/0900   Producer prices m/m    May        n/a         0.0%
 13/06  0700/0900   Producer prices y/y    May        n/a         4.7%
 13/06  0700/0900   Export prices y/y      April      n/f        -5.3%
 13/06  0700/0900   Import prices y/y      April      n/f        -3.9%
 17/06  0800/1000   CA balance CZK         April      n/a        -0.57bln
 18/06  0700/0900   Retail sales y/y       April      n/a        -2.9%
================================================================================
                                 COMPANY RESULTS
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE FCAST--FORECAST ----
                                                                                  NET PROFIT      ITEM
                                                                                   CZK bln
 29/05  ORCO             <>    Real estate      n/a       Q1 results
 30/05  AAA              <>    Cars             n/a       Q1 results
 30/05  NWR              <NWRSsp.PR>    Mining           n/a       Q1 results
--------------------------------------------------------------------------------
                                 NOTE. n/a = not yet available
                                       n/f = not forecast
                                 For real-time indicators, click on <ECONCZ>.
                                 For all Reuters short and medium-term forecasts of Czech indicators, click
on <CZ/ECON01>.
================================================================================
                                 
                                 WEDNESDAY, May 28
                                 PRAGUE - ECM Real Estate Investments <> to release first quarter
results. Conference call at 1430 GMT.
                                 
                                 THURSDAY, May 29
                                 LUXEMBOURG - Developer Orco Property Group <> to release first
quarter results.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 FRIDAY, May 30
                                 PRAGUE - April money supply at 0800 GMT.
                                 PRAGUE - Used car dealer AAA Auto <> to release first quarter
results.
                                 PRAGUE - Coal mining firm New World Resources (NWR) <NWRSsp.PR> to release
first quarter results at 0600 GMT. Conference call at 1400 GMT.
                                 MONDAY, June 2
                                 PRAGUE - Q1 real wage data at 0700 GMT.
                                 PRAGUE - Used car dealer AAA Auto <> conference call with CEO
Anthony J.Denny and Economic Division Executive Director Kamil Ziegler at 0900
GMT.
                                 PRAGUE - Purchasing Managers' Index (PMI) for May due out at 0730 GMT.
                                 PRAGUE - End-May budget balance data and a detailed calendar for the
issuance of domestic state bonds in the third quarter of 2008.
                                 PRAGUE - The Czech cabinet to hold a regular session. It is scheduled to
discuss the sale of Letiste Praha, the state-run operator of the Prague
international airport. News conference to follow.
 
                                 TUESDAY, June 3
  * HAMILTON, Bermuda - Central European Media Enterprises (CME) <>
<CETV.O> to hold an annual shareholders' meeting.
                                 TUESDAY, June 3 - FRIDAY, June 13
  * PRAGUE - The lower house of parliament to hold a session. Agenda includes a
law on restitution of church property and pension reform.
                                 
                                 WEDNESDAY, June 4
                                 PRAGUE - 15-year government bond auction <CZ1001945=>.
                                 THURSDAY, June 5
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 AMSTERDAM - Drug maker Zentiva <> to hold an annual shareholders'
meeting.
                                 THURSDAY, June 5 - FRIDAY, June 6
                                 PRAGUE - Conference "Visegrad Group and the Czech EU-Presidency" with Deputy
Prime Minister Alexandr Vondra opening speech (1100 GMT).
                                 
                                 FRIDAY, June 6
                                 PRAGUE - April foreign trade at 0700 GMT.
                                 PRAGUE - May foreign exchange reserves data at 0800 GMT.
MONDAY, June 9
                                 PRAGUE - May inflation data at 0700 GMT.
                                 PRAGUE - May unemployment data at 0700 GMT.
                                 TUESDAY, June 10
                                 PRAGUE - Q1 Gross domestic product data at 0700 GMT.
                                 TUESDAY, June 10 - WEDNESDAY, June 11
                                 PRAGUE - World Biofuels Forum 2008.
                                 WEDNESDAY, June 11
                                 PRAGUE - April industrial output data at 0700 GMT.
                                 THURSDAY, June 12
                                 PRAGUE - 39-week T-bill auction.
                                 PRAGUE - April construction output data at 0700 GMT.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 FRIDAY, June 13
                                 PRAGUE - May producer prices and April foreign trade price data at 0700 GMT.
                                 MONDAY, June 16
                                 PRAGUE - Finance Ministry to detail Q1 government debt figures.
                                 
                                 TUESDAY, June 17
                                 PRAGUE - April current account balance data at 0800 GMT.
                                 WEDNESDAY, June 18
                                 PRAGUE - April retail sales data at 0700 GMT.
                                 PRAGUE - 3-year government bond auction <CZ1002158=>.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 THURSDAY, June 26
                                 PRAGUE - Czech central bank governing board to meet on interest rates. An
announcement is expected sometime after 1000 GMT with a news conference to
follow at around 1330 GMT.
                                 PRAGUE - Chemicals group Unipetrol <>, a unit of Poland's PKN Orlen
<PKNA.WA>, to hold an annual shareholders' meeting.
 
                                 THURSDAY, July 4
                                 PRAGUE - Minutes from the June 26 governing board meeting at 0700 GMT.