NEWS

PRESS: Poland, Ukraine could lose Euro 2012 football championships to Spain

Poland’s preparations for Euro 2012 in line with schedule, stadium delivery on time – Polish PM

Polish FinMin sees headline inflation rising to 4.5% y/y in June

European stats organization estimates Poland’s unemployment dropping to 7.5% in May

PRESS: Polish stock market turns in worst H1 performance in 14 years

Poland makes constant progress in preparations for Euro 2012 tournament – Polish official

MONETARY POLICY

PRESS: Polish Monetary Policy Council members predict August inflation at more than 5%

STATISTICS

Poland’s unemployment decreases to 9.6% in June

POLITICS

U.S. anti-missile talks still open, but Poland wants strengthened defense - Polish foreign minister

July 4th brings no American anti-rocket system to Poland, Polish PM says (2)

Euro 2012 to exceed 2008 Austrian/Swiss tournament – Polish Sports Minister Drzewiecki

Former Polish Agricultural Minister Lepper promises to block roads, highways with demonstration

Polish "no" to US missile shield may prompt further Russian opposition to U.S./Polish projects

Situation with Euro 2012 in Ukraine "not as thought," more work to do – UEFA president Platini

Polish PM, U.S. Ambassador held "very positive discussion" on missile shield – official

Polish post-communists reiterate opposition to U.S. missile shield deployment

Lithuania not seriously seen as alternative to Poland for U.S. missile shield – Polish Defense Min.

UEFA believes Warsaw stadium key in view of Kiev’s woes with Euro 2012 event – Polish official

German MEP says Poland should be booted from EU if it fails to sign Lisbon Treaty

Poland wants cooperation between GUAM and Baltic region countries

Polish president to ratify Lisbon Treaty if Ireland changes ’no’ vote

GUAM countries deserve European integration perspective – Polish president

Polish president reiterates support for Georgia’s territorial integrity

Polish president claims European Commission not authorized to judge Poland’s treaty ratification

Poland back in Russian sphere of influence if missile shield deal with U.S. fails – opposition leader

Polish Cabinet strongly supports Lisbon Treaty ratification – PM Tusk

Polish-U.S. missile shield deal may be inked in July, but tough negotiations in progress – Tusk

PRESS: Ratification of Lisbon Treaty without substance - Polish President

PRESS: Polish Prime Minister gets negative rating from 47% of Poles

Polish court clears way for criminal trial of ex-communist leaders for martial law of 1981

PRESS: Russia has no plans to compromise with EU over energy

PRESS: Poland to withdraw nearly all troops from Iraq by mid- October ’08

COMPANY NEWS

REAL ESTATE

US-UK developer Keen Property Partners plans EUR 95 mln multipurpose project in Poland

British developer Segro sells Warsaw office complex in EUR 59.7 mln deal

Polish developer Triton Development may change ’08 guidance due to flagship project reshuffle

Ukrainian EURO 2012 deadline failures could lead to more games in Poland – Polish sports minister

US/Irish developer Quinlan Private Golub to expand office in secondary Polish cities

Residential renting trend will not affect developers as Poles still lean toward acquisitions - analyst

Polish developer J.W. Construction hires post-communist ex-PM Oleksy to expand eastward

Polish developer LC Corp’s Tuesday share dive result of market manipulation - spokesperson

Polish Finance Ministry to approve only PPPs costing more than PLN 20 mln, says new regulation

Polish developer Gant to launch PLN 80 mln buyback program

ENERGY NEWS

OIL & PETROCHEMICALS

Polish top fuel firm PKN Orlen’s Lithuanian unit MN could export oil products through Latvia

PRESS: Current oil prices too high by USD 55-60 per barrel –Polish oil firm PKN CEO

Polish No. 2 refiner Grupa Lotos intends to invest PLN 743 mln in upstream in 2008

Polish No.2 refiner Grupa Lotos signs four contracts for a total value of EUR 60 mln

Poland wants Azerbaijan to play bigger role on energy market – Polish president

Polish fuel logistics operator OLPP plans to prepare strategy in fall 2008

Polish fuel logistics operator OLPP considering merger with pipeline operator PERN

Shareholders of Polish No. 2 refiner Grupa Lotos leave PLN 777 mln 2007 net profit in company

Polish oil trader J&S Energy pays oil storage fine, plans to continue legal battle against Treasury

Polish no.2 refiner Grupa Lotos’ investment plans may raise value unless oil prices drop - analysts

Polish no. 2 refiner signs deal on USD 1.75-bln loan to finance its development program

GAS

Poland’s gas monopolist PGNiG in talks with Iran oil firm on business opportunities in upstream

Polish-Russian EuRoPol Gaz’s shareholders appoint new supervisory board chairman

PRESS: Polish gas monopolist PGNiG may sign USD 2-bln deal to develop Iranian gas field

PRESS: Poland gives its support to White Stream gas pipeline construction project

COAL

Czech-listed energy co. NWR gets coal license in Poland, sees EUR 600- 800 mln investment

PRESS: Polish Min Econ to agree to sale of Silesia coal mine only if KW extends offer deadline

HEAT, POWER & SEWAGE

Polish power distributor Enea delays stock debut until after summer vacation

Polish power distributor Enea will debut on WSE despite poor stock market environment - Treasury

Poland cuts energy sector’s carbon dioxide allowances for 2008 by 11%, prices seen rising

IT & TELECOMMUNICATIONS

LANDLINE/MOBILE TELECOMS

Polish alternative telco Netia takes over Tele2’s Polish operations for up to EUR 33.9 mln

BANKING & FINANCE NEWS

CAPITAL MARKETS

Polish tycoon Czarnecki’s stocks plunge after investor identified as ex- communist informer

EMERGING MARKETS NEWS HIGHLIGHTS

Caspian gas pipeline project on schedule - Gazprom

Czech minister confirms forthcoming missile deal with U.S.

Russian gas could cost Europe $500 by year-end – Gazprom CEO Miller

Ukraine may start talks on joining European energy community in July

Moscow expects Washington to address Russian missile defense proposals again – foreign minister

GUAM’s stated priority is to move closer to the EU – GUAM Secretary General Chechelashvili

Issue of pumping process oil through Odessa-Brody pipeline resolved – Ukrainian president

Russia wants foreign companies to go beyond oil production – Rosneft President Bogdanchikov

FINANCIAL MARKETS

MONEY MARKET

National Bank of Poland official interest rates – 04/07/2008

Corporate bonds prices to keep sliding Nb: This news report features only the headline of each news