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
 14/08  0700/0900   GDP estimate           Q2         4.9         5.3%
 14/08  0700/0900   Producer prices m/m    July       0.3%        0.8%
 14/08  0700/0900   Producer prices y/y    July       5.5%        5.3%
 14/08  0700/0900   Export prices y/y      June       n/f        -5.4%
 14/08  0700/0900   Import prices y/y      June       n/f        -3.3%
 14/08  0700/0900   Retail sales y/y       June       2.5%        1.2%
 27/08  0700/0900   Real wage y/y          Q2         n/a         2.8%
 29/08  0800/1000   Money supply           July       n/f         6.7%
 01/09  0730/0930   PMI index              Aug        n/f        49.9
 01/09     n/a      Budget balance         Aug        n/f         9.27bln
 04/09  0700/0900   Foreign trade          July       n/a        13.92bln
 05/09  0800/1000   FX reserves            Aug        n/f        24.35bln
 08/09  0700/0900   Inflation m/m          Aug        n/a         0.5%
 08/09  0700/0900   Inflation y/y          Aug        n/a         6.9%
 08/09  0700/0900   Unemployment           Aug        n/a         5.3%
 10/09  0700/0900   Industrial output      July       n/a         2.2%
 10/09  0700/0900   Construction output    July       n/f        -2.8%
 12/09  0800/1000   CA balance CZK         July       n/a       -27.02bln
================================================================================
                                 COMPANY RESULTS
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE FCAST--FORECAST ----
                                                                                  NET PROFIT     ITEM
                                                                                   CZK bln
 14/08  CEZ              <>    Energy          10.53      Q2 net profit
 21/08  VIG    <VIGR.VI> <VIGRsp.PR>    Insurance        n/a         H1 results
 27/08  ECM              <>    Real estate      n/a         H1 results
 27/08  PEGAS            <>    Textil           n/a         H1 results
 28/08  AAA              <>    Cars             n/a         H1 results
 28/08  ORCO             <>    Real estate      n/a         H1 results
 28/08  NWR     <NWRS.L> <NWRSsp.PR>    Mining           n/a         H1 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, August 14
                                 PRAGUE - Q2 gross domestic product estimate, July producer prices and June
retail sales and foreign trade prices data at 0700 GMT.
                                 PRAGUE - Power firm CEZ <> to release H1 results. News conference
with CEO Martin Roman and CFO Martin Novak at 0730 GMT.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
 
                                 FRIDAY, August 15
                                 PRAGUE - Minutes from the August 7 governing board meeting at 0700 GMT.
                                 
                                 TUESDAY, August 19
                                 PRAGUE - The lower house of parliament to hold an extraordinary session.
                                 WEDNESDAY, August 20
                                 PRAGUE - 5-year government bond auction <CZ1001887=>.
                                 PRAGUE - The Czech cabinet to hold a regular session. News conference to
follow.
                                
                                 THURSDAY, August 21
                                 VIENNA, Austria - Austria's Vienna Insurance Group <VIGRsp.PR> <VIGR.VI> to
release H1 results.
                                 WEDNESDAY, August 27
                                 PRAGUE - Q2 real wage data at 0700 GMT.
                                 PRAGUE - ECM Real Estate Investments <> to release H1 results.
                                 PRAGUE - Artificial textile maker Pegas Nonwovens <> to release H1
results, conference call to follow at 1500 GMT.
                                  
                                 THURSDAY, August 28
                                 PRAGUE - 52-week T-bill auction.
                                 PRAGUE - Used car dealer AAA Auto <> to release H1 results.
                                 LUXEMBOURG - Developer Orco Property Group <> to release H1 results.
                                 LONDON - Coal mining firm New World Resources (NWR) <NWRS.L> <NWRSsp.PR> to
release H1 results. Presentation for analysts at 1000 GMT.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 FRIDAY, August 29
                                 PRAGUE - July money supply data at 0800 GMT.
                                 
                                 MONDAY, September 1
                                 PRAGUE - Purchasing Managers' Index (PMI) for August due out at 0730 GMT.
                                 PRAGUE - End-August budget balance data and a detailed calendar for the
issuance of domestic state bonds in the fourth quarter of 2008.
                                 WEDNESDAY, September 3
                                 PRAGUE - 10-year government bond auction <CZ1001903=>.
                                 AMSTERDAM - Drug maker Zentiva <> to hold an extraordinary
shareholders' meeting.
                                 THURSDAY, September 4
                                 PRAGUE - July foreign trade at 0700 GMT.
                                 FRIDAY, September 5
                                 PRAGUE - August foreign exchange reserves data at 0800 GMT.
                                 MONDAY, September 8
                                 PRAGUE - August inflation data at 0700 GMT.
                                 PRAGUE - August unemployment data at 0700 GMT.
                                 PRAGUE - August harvest estimate.
                                 WEDNESDAY, September 10
                                 PRAGUE - July industrial and construction data at 0700 GMT.
                                 FRIDAY, September 12
                                 PRAGUE - July current account balance data at 0800 GMT.
 
                                 MONDAY, September 15
                                 PRAGUE - Finance Ministry to detail Q2 government debt figures.
                                 WEDNESDAY, September 17
                                 PRAGUE - 15-year government bond auction <CZ1001945=>.
                                 THURSDAY, September 18
                                 PRAGUE - 39-week T-bill auction.
                                 TUESDAY, September 23 - FRIDAY, September 26
                                 PRAGUE - The lower house of parliament to hold a session.
                                 
                                 WEDNESDAY, September 24
                                 PRAGUE - 5-year government bond auction <CZ1001887=>.
                                 THURSDAY, September 25
                                 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.
                                 
===========================SHAREHOLDERS MEETINGS================================
 COMPANY                   RIC                          DATE
 ZENTIVA                  <>                   September 3
================================================================================