INTERFAX - Czech Republic & Slovakia Business news report of 27.06.2008

NEWS

Slovak central bank keeps rates on hold at 4.25% as expected

MONETARY POLICY

Czech Central Bank keeps key rates on hold at 3.75%, as expected

COMPANY NEWS

MANUFACTURING

Solvay-Wienberger joint venture acquires Czech plastic pipes producer Instaplast Praha

REAL ESTATE

Czech developer Central Group sells 10% stake to Global Property Capital for CZK 1 bln

Developer Orco’s EUR 3 bln mixed-use Prague investment 40-50% above initial estimate - analysts

U.S. distribution center developer ProLogis leases Slovak facility to NAY Elektrodom

Czech, Slovak shopping center construction boom to continue – C&W

Czech Republic, Poland real estate markets now "transparent" – Jones Lang LaSalle

Czech developer Sekyra Group to invest CZK 15 bln into Prague "green island" project

ENERGY NEWS

OIL & PETROCHEMICALS

Czech retail fuel prices mixed; top-selling Natural 95 down to CZK 32.87/liter

Prague-listed Czech petchem Unipetrol to pay out CZK 17.65/share dividend, first in 10 years

PRESS: Czechs seek to reduce oil dependency on Russia by increasing supplies from Germany

EMERGING MARKETS NEWS HIGHLIGHTS

Russian President Medvedev calls U.S. missile defense plans for Eastern Europe "harmful"

EU to support Nord Stream if it complies with European environmental requirements – Barroso

Gazprom proposes chain of LPG filling stations in Europe

Rolls-Royce to supply gas compressor units for Nord Stream station

Lukoil interested in other European refineries

Gazprom ventures in Germany could sell over 800 bcm of Russian gas before 2043

E.ON Ruhrgas shares Gazprom’s optimism on Yuzhno-Russkoye field agreement

Rising gas demand will make Gazprom world’s largest company – Gazprom chairman

FINANCIAL MARKETS

EQUITIES

Prague bourse PX index down 0.12% d/d and 5.20% w/w Friday, energy holding NWR corrects gains

Prague Stock Exchange (PSE), SPAD trading, 20-27/06/2008

MONEY MARKET

National Bank of Slovakia, BRIBOR rate fixing, 20-27/06/2008

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