New or amended items marked *
                                 ALL TIMES GMT (Note: Czech Republic GMT+1)
                                 See below for full macroeconomic forecasts
================================================================================
                                 UPCOMING ECONOMIC INDICATORS <ECONCZ>
 DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR
 30/11  0900/1000   Money supply           Oct        n/f
                                     4.3
 30/11-03/12        Industrial estimate    Oct        n/a
                                   -11.9%
 01/12  0830/0930   PMI index              Nov        n/f
                                    49.8
 01/12     n/a      Budget balance         Nov        n/f
                                  -138.09bln
 04/12  0800/0900   Real wage y/y          Q3         n/f
                                     1.4%
 07/12  0800/0900   Foreign trade          Oct        n/a
                                    17.76bln
 07/12  0900/1000   FX reserves            Nov        n/f
                                    27.94bln
 08/12  0800/0900   Unemployment           Nov        n/a
                                     8.5%
 09/12  0800/0900   GDP y/y                Q3         n/a
                                    -5.5%
 09/12  0800/0900   Inflation m/m          Nov        n/a
                                    -0.2%
 09/12  0800/0900   Inflation y/y          Nov        n/a
                                    -0.2%
 11/12  0900/1000   CA balance CZK         Oct        n/a
                                    -3.69bln
 14/12  0800/0900   Industrial output      Oct        n/a
                                   -11.9%
 14/12  0800/0900   Construction output    Oct        n/f
                                     3.6%
 14/12  0800/0900   Retail sales y/y       Oct        n/a
                                    -7.6%
 15/12  0800/0900   Producer prices m/m    Nov        n/a
                                    -0.2%
 15/12  0800/0900   Producer prices y/y    Nov        n/a
                                    -4.6%
 15/12  0800/0900   Export prices y/y      Oct        n/f
                                    -4 3%
 15/12  0800/0900   Import prices y/y      Oct        n/f
                                    -9.3%
================================================================================
                                 COMPANY RESULTS
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE
FCAST--FORECAST ----
                                                                                  NET PROFIT
                                 ITEM
                                                                                  CZK bln
 19/11  ORCO            <>     Real estate      n/a
                                   Q3 results
 25/11  ECM             <>     Real estate      n/a
                                   Q3 results
 26/11  PEGAS           <>     Textil           n/a
                                   Q3 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>.
================================================================================
                                 THURSDAY, November 19
                                 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                 PRAGUE - Developer Orco Property Group <> should
release third quarter results.
                                 MONDAY, November 23
                                 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                 WEDNESDAY, November 25
                                 LUXEMBURG - ECM Real Estate Investments <> should
release third quarter results after markets hours.
                                 THURSDAY, November 26
                                 PRAGUE - 52-week T-bill auction.
                                 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                 PRAGUE - Artificial textile maker Pegas Nonwovens
<> should release third quarter results.
                                 MONDAY, November 30
                                 PRAGUE - October money supply data at 0900 GMT.
                                 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                 
                                 MONDAY, November 30 - THURSDAY, December 3
                                 PRAGUE - Preliminary October industrial output data.
                                 TUESDAY, December 1
                                 PRAGUE - Purchasing Managers' Index (PMI) for November due
out at 0830 GMT.
                                 PRAGUE - End-November budget balance data and a detailed
calendar for the
issuance of domestic state bonds in January of 2010.
                                 TUESDAY, December 1 - FRIDAY, December 4
                                 PRAGUE - Emerging European Investment Forum on regional blue chips (their
quarterly performance, strategy and plans in the context of changing
macroeconomic and political environments).
                                 TUESDAY, December 1 - FRIDAY, December 11
                                 PRAGUE - The lower house of parliament to hold a session.
                                 WEDNESDAY, December 2
                                 PRAGUE - 15-year government bond auction <CZ1002547=>.
                                 THURSDAY, December 3
                                 PRAGUE - 13-week T-bill auction.
                                 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                 FRIDAY, December 4
                                 PRAGUE - Q3 real wage data at 0800 GMT.
                                 MONDAY, December 7
                                 PRAGUE - October foreign trade data at 0800 GMT.
                                 PRAGUE - November foreign exchange reserves data at 0900
GMT.
                                 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                 TUESDAY, December 8
                                 PRAGUE - November unemployment data at 0800 GMT.
                                 WEDNESDAY, December 9
                                 PRAGUE - Q3 gross domestic product at 0800 GMT.
                                 PRAGUE - November inflation data at 0800 GMT.
                                 THURSDAY, December 10
                                 PRAGUE - Czech central bank governing board to hold a
regular weekly meeting. It is not scheduled to discuss monetary
policy issues.
                                 FRIDAY, December 11
                                 PRAGUE - October current account balance data at 0900 GMT.
                                 MONDAY, December 14
                                 PRAGUE - October industrial and construction data at 0800
GMT.
                                 PRAGUE - October retail sales data at 0800 GMT.
                                 PRAGUE - The Czech cabinet to hold a session. News
conference to follow.
                                 TUESDAY, December 15
                                 PRAGUE - November producer prices and October foreign trade prices data at
0800 GMT.
                                 PRAGUE - Finance Ministry to detail Q3 government debt
figures.
                                 WEDNESDAY, December 16
                                 PRAGUE - Czech central bank governing board to meet on
interest rates. An announcement is expected sometime after 1100
GMT with a news conference to follow at around 1430 GMT.
                                 WEDNESDAY, December 23
                                 PRAGUE - Minutes from the December 16 governing board
meeting at 0800 GMT.
                                 THURSDAY, December 31
                                 PRAGUE - November money supply data at 0900 GMT.
                                 PRAGUE - Q3 foreign debt data at 0900 GMT.