DIARY - Czech Republic - to May 31

...================================================================================ 
    UPCOMING ECONOMIC INDICATORS  
 DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR 
 30/04  0800/1000   Money supply           March      n/f        10.6% 
 02/05  0730/0930   PMI index              April      n/f        57.0 
 02/05     n/a      Budget balance         April      n/f        11.26bln 
 09/05  0700/0900   Foreign trade          March      n/a        13.61bln 
 09/05  0800/1000   FX reserves            April      n/f        23.76bln 
 10/05  0700/0900   Inflation m/m          April      n/a         0.3% 
 10/05  0700/0900   Inflation y/y          April      n/a         1.9% 
 10/05  0700/0900   Unemployment           April      n/a         7.3% 
 14/05  0800/1000   Monetary base          April      n/f       355.4bln 
 15/05  0700/0900   Industrial output      March      n/a        15.4% 
 15/05  0700/0900   Construction output    March      n/f        32.5% 
 16/05  0700/0900   Producer prices m/m    April      n/a         0.5% 
 16/05  0700/0900   Producer prices y/y    April      n/a         3.6% 
 16/05  0700/0900   Import prices y/y      March      n/f        -1.3% 
 16/05  0700/0900   Export prices y/y      March      n/f         2.8% 
 18/05  0800/1000   CA balance CZK         March      n/a         4.00bln 
 21/05  0700/0900   Retail sales y/y       March      n/a         9.4% 
 21/05  0700/0900   Service sales y/y      Q1         n/f         6.1% 
================================================================================ 
    COMPANY RESULTS 
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE FCAST--FORECAST ---- 
                                                     (euro mln)      ITEM 
 26/04  Telefonica O2        Telecoms         n/a       Q1 net profit 
 30/04  Erste Bank  Bank             n/a 
 03/05  CME          Media            n/a       Q1 results 
 04/05  Skoda Auto             Autos            n/a       Q1 results 
 11/05  Komercni Banka       Bank             n/a       Q1 net profit 
 14/05  Zentiva              Pharma           n/a       Q1 net profit 
 15/05  Unipetrol            Oil              n/a       Q1 net profit 
 16/05  CEZ                  Energy           n/a       Q1 net profit 
-------------------------------------------------------------------------------- 
    NOTE. n/a = not yet available 
          n/f = not forecast 
    For real-time indicators, click on . 
    For all Reuters short and medium-term forecasts of Czech indicators, click 
on . 
================================================================================     CENTRAL BANK GOVERNING BOARD MEETINGS are usually held on Thursdays, but not 
necessarily every Thursday, with monetary policy specifically discussed on the 
last Thursday of the month in the board's "situation report" (see below for 
updated schedule). 
    WEEKLY CABINET MEETINGS are usually held on Wednesdays. 
    FULL LIST of ECONOMIC INDICATORS released in the coming weeks by the Czech 
Statistical Bureau (CSU), the central bank (CNB) and the finance ministry are 
pbublished as listed in separate tables below. The nearest coming indicators are 
also listed among other diary items below. 
================================================================================ 
 
    Until SATURDAY, April 21 
    WASHINGTON, U.S. - Czech Foreign Minister Karel Schwarzenberg to visit 
United States. Scheduled to meet U.S. Secretary of State Condoleezza Rice, U.S. 
Homeland Security Secretary Michael Chertoff and U.S. Commerce Secretary Carlos 
Gutierrez. 
     
    THURSDAY, April 19 
    PRAGUE - Czech central bank's governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues. 
    PRAGUE - Finance Ministry should set the coupon for the new 10-year 
benchmark government bond at 1200 GMT. 
 
    FRIDAY, April 20 
    PRAGUE - Ceskoslovenska Obchodni Banka (CSOB), unit of KBC , to 
hold an extraordinary shareholders' meeting. 
    PRAGUE - Trade union leader (CMKOS) Milan Stech to hold a news conference at 
0730 GMT on a public finance reform and its impact on workers. 
     
    MONDAY, April 23 
    PRAGUE - Power firm CEZ  to hold an annual shareholders' meeting. 
    PRAGUE - Czech cabinet to meet in a regular weekly session. 
  
    TUESDAY, April 24 
    KUTNA HORA - Cigarette maker Philip Morris CR  to hold an annual 
shareholders' meeting. 
    LUXEMBOURG - Property group ECM Real Estate Investments  to hold 
an annual and extraordinary shareholders' meetings. 
    PRAGUE - ECM Real Estate Investments  to release 2006 results. 
 
    TUESDAY, April 24 - FRIDAY, May 4 
    PRAGUE - The lower house of parliament to hold a session. 
     
    WEDNESDAY, April 25 
    PRAGUE - 10-year government bond auction. 
    PRAGUE - Komercni Banka  to hold an annual shareholders' meeting. 
 
    THURSDAY, April 26 
    PRAGUE - 39-week T-bill auction. 
    PRAGUE - Ceska Sporitelna, a unit of Erste Bank  , to 
hold an annual shareholders' meeting. 
    PRAGUE - Telecoms operator Telefonica O2 Czech Republic , a unit 
of Spain's Telefonica , to hold an annual shareholders' meeting. 
    PRAGUE - Telecoms operator Telefonica O2 Czech Republic , a unit 
of Spain's Telefonica , to release Q1 results. 
    PRAGUE - Czech central bank's governing board to meet on interest rates. An 
announcement is expected after 1000 GMT with a news conference to follow at 
around 1330 GMT. 
    LUXEMBOURG - Developer Orco Property Group   to hold an 
annual shareholders' meeting. It is scheduled to vote on dividends. 
     
    FRIDAY, April 27 
    PRAGUE - ECM Real Estate Investments  to hold a news conference 
on 2006 results. 
 
    MONDAY, April 30 
    VIENNA - Austria's Erste Bank  to release Q1 results. 
    PRAGUE - Ceska Sporitelna, a unit of Erste Bank  , to 
release Q1 results. 
    PRAGUE - Czech central bank (CNB) to release March money supply at 0800 GMT. 
 
    TUESDAY, May 1 
    May Day national holiday. Prague Stock Exchange, banks and markets are to be 
closed. 
     
    WEDNESDAY, May 2 
    PRAGUE - Purchasing Managers' Index (PMI) for April due out at 0730 GMT. 
    PRAGUE - Finance Ministry due to release end-April budget balance. 
  
    THURSDAY, May 3 
    HAMILTON, Bermuda - Central European Media Enterprises (CME)  
 expected to release Q1 results. 
     
    FRIDAY, May 4 
    PRAGUE - Czech central bank (CNB) to release minutes from its April 26 
governing board meeting at 0700 GMT. 
    MLADA BOLESLAV - Skoda Auto, a unit of Germany's Volkswagen , to 
release Q1 results. 
     
    TUESDAY, May 8 
    Liberation Day national holiday. Prague Stock Exchange, banks and markets 
are to be closed. 
 
    WEDNESDAY, May 9 
    PRAGUE - Czech Statistical Bureau (CSU) to release March foreign trade data 
at 0700 GMT. 
    PRAGUE - Czech central bank (CNB) to release April forex reserves at 0800 
GMT. 
    PRAGUE - Czech cabinet to meet in a regular weekly session. 
    PRAGUE - 5-year government bond auction . 
 
    THURSDAY, May 10 
    PRAGUE - Czech Statistical Bureau (CSU) to release April inflation at 0700 
GMT. 
    PRAGUE - Czech Labour and Social Affairs Ministry to release April  
unemployment data at 0700 GMT. 
    PRAGUE - Czech central bank's governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues.  
 
    TUESDAY, May 15 - WEDNESDAY, May 16 
  * PRAGUE - Summit on Central & Eastern European Securitisation. 
     
    WEDNESDAY, May 30 
  * PRAGUE - 3-year government bond auction . 
  * PRAGUE - Czech cabinet to meet in a regular weekly session. 
===========================SHAREHOLDERS MEETINGS================================ 
 COMPANY                   RIC                          DATE 
 CSOB                                         April 20 
 CEZ                                         April 23 
 ECM                                         April 24 
 PHILIP MORRIS                               April 24 
 KOMERCNI BANKA                              April 25 
 CESKA SPORITELNA                   April 26 
 ORCO                               April 26 
 TELEFONICA O2 CR                            April 26 
================================================================================ 
      The Statistical Bureau (CSU) has set the following dates for release of 
macroeconomic indicators (data released at 0700 GMT unless noted): 
    MAY 
     9     Foreign trade (March) 
    10     Inflation (April) 
    15     Construction output (March) 
           Industrial output (March) 
    16     Producer prices (April) 
           Foreign trade prices (March) 
    21     Retail sales (March) 
           Service sales (Q1) 
================================================================================ 
    The central bank (CNB) set the following dates for releases of economic 
indicators (data released at 0800 GMT unless noted): 
    APRIL 
    30     Money supply (end-March) 
    MAY 
     9     Forex reserves (end-April) 
    14     Monetary base (end-April) 
    18     Balance of payments (end-March) 
    31     Money supply (end-April) 
================================================================================ 
    Czech central bank governing board meetings 
                                   MEETING TYPE 
    APRIL 
    19                             regular 
    26                             Situation report 
    MAY 
     3                             Inflation report 
    10                             regular 
    17                             regular 
    24                             regular 
    31                             Situation report 
================================================================================ 
    The Labour and Social Affairs Ministry set the following dates for releasing 
monthly unemployment data (data released on the same day as CPI figures): 
    MAY 
    10  to end-April 
================================================================================ 
    The Finance Ministry set the following dates for the release of state budget 
balance: 
    MAY 
     2   to end-April 
================================================================================ 
              REGULAR STATE BONDS ISSUE CALENDAR 
ISSUE NAME      AUCTION DATE    ISSUE DATE     MATURITY DATE  MATURITY   VOLUME 
                                                            (in years) (CZK bln) 
Reopening of existing issue  
3.25%/09        Apr 18, 2007    Apr 23, 2007    Nov 27, 2009       3         6 
New issue 
x.xx%/17        Apr 25, 2007    Apr 30, 2007    Apr 11, 2017      10         8 
Reopening of existing issue  
3.55%/12        May 9, 2007     May 14, 2007    Oct 18, 2012       5         7 
Reopening of outstanding issue 
x.xx%/17        May 16, 2007    May 21, 2007    Apr 11, 2017      10         7 
Reopening of existing issue  
3.25%/09        May 30, 2007    June 4, 2007    Nov 27, 2009       3         6 
Reopening of outstanding issue 
x.xx%/17        June 6, 2007    June 11, 2007   Apr 11, 2017      10         7 
New issue 
x.xx%/22        June 13, 2007   June 18, 2007   Sept 12, 2022     15         7 
Reopening of existing issue  
3.25%/09        June 20, 2007   June 25, 2007   Nov 27, 2009       3         6 
Reopening of existing issue  
3.55%/12        June 27, 2007   July 2, 2007    Oct 18, 2012       5         7 
================================================================================