NEWS

National Bank of Slovakia (NBS) leaves interest rates unchanged at 4.25%, as expected

STATISTICS

Czech average monthly real wages up 1.1% y/y in Q2 – statistical office

COMPANY NEWS

MEDIA

PRESS: Czech new media group Dignity takes stake in sell-it-yourself property site Bezrealitky.cz

REAL ESTATE

Balkan industrial property markets ’booming’ on consumer demand, new infrastructure - DTZ

Regional developer Orco Property Group H1 results below expectations - analysts

Number of insolvent Czech companies down slightly overall in H1, real estate sectors hit hardest

Regional developer ECM swings to EUR 19.9 mln net loss in H1, NAV drops by 3.9%

Czech developer Crestyl starts work on CZK 310 mln center in Chomutov after 3-year delay

Czech developer CPI Group signs shoemaker Bat’a as final tenant at Pribram retail park

PRESS: Slovaks, Poles, Czechs must work longest on average in EU to buy own apartments

OTHER COMPANY NEWS

Prague-listed Pegas Nonwovens swings to EUR 11.7 mln profit in Q2 on forex gains, capacity

ENERGY NEWS

OIL & PETROCHEMICALS

Czech petrochem Unipetrol to buy 3.73% stake in refinery Paramo from Polish PKN Orlen

Czech retail fuel prices drop; top-selling Natural 95 down to CZK 31.24/liter

HEAT, POWER & SEWAGE

Prague-listed energy holding NWR net profit up 340% y/y in H1 at EUR 189 mln on rising coal prices

Czech utility CEZ to invest EUR 1.1 bln in 600MW Romanian wind farm acquired from Polish CWP

EMERGING MARKETS NEWS HIGHLIGHTS

Russia urges EU to take objective stance on events in South Ossetia

Vilnius urges EU to prove its significance in resolution of Caucasian crisis

Death toll from conflict in South Ossetia stands at 1,692 – South Ossetian prosecutor

Russia recognizes independence of South Ossetia, Abkhazia

Russian military alarmed by NATO naval build-up in Black Sea – Gen. Staff

Russian Federation Council passes address to president on recognition of S. Ossetia, Abkhazia

FINANCIAL MARKETS

EQUITIES

Bratislava Stock Exchange (BSE), Indices, 22-29/08/2008

Prague Stock Exchange (PSE), SPAD trading, 22-29/08/2008

PX Index, Prague Stock Exchange (PSE), 29/08/2008

PX Index, Prague Stock Exchange (PSE), 27/08/2008

FIXED INCOME

Prague Stock Exchange (PSE) Treasury bonds, Direct trading, 29/08/2008

Prague Stock Exchange (PSE) Treasury bonds, Direct trading, 22-29/08/2008

MONEY MARKET

National Bank of Slovakia, BRIBOR rate fixing, 22-29/08/2008

CALENDAR

Czech Republic – calendar of upcoming events, 01-08/09/2008

Nb: This news report features only the headline of each news.