DIARY - Czech Republic - to September 30

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    UPCOMING ECONOMIC INDICATORS  
 DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR 
 30/08  0700/0900   Real wage y/y          Q2         n/f         6.2% 
 31/08  0800/1000   Money supply           July       n/f        11.2% 
 03/09  0730/0930   PMI index              Aug        n/f        59.5 
 03/09     n/a      Budget balance         Aug        n/f        19.68bln 
 04/09  0700/0900   Foreign trade          July       n/a         9.32bln 
 06/09  0800/1000   CA balance             Q2         n/a       477.4mln 
 07/09  0700/0900   GDP                    Q2         n/a         6.1% 
 07/09  0800/1000   FX reserves            Aug        n/f        23.21bln 
 10/09  0700/0900   Inflation m/m          Aug        n/a         0.4% 
 10/09  0700/0900   Inflation y/y          Aug        n/a         2.3% 
 10/08  0700/0900   Unemployment           Aug        n/a         6.4% 
 10/09  0700/0900   Industrial output      July       n/a         6.9% 
 10/09  0700/0900   Construction output    July       n/f        -4.4% 
 12/09  0800/1000   CA balance CZK         July       n/a       -13.33bln 
 14/09  0700/0900   Producer prices m/m    Aug        n/a         0.2% 
 14/09  0700/0900   Producer prices y/y    Aug        n/a         4.1% 
 14/09  0700/0900   Import prices y/y      July       n/f         0.5% 
 14/09  0700/0900   Export prices y/y      July       n/f         3.5% 
 14/09  0700/0900   Retail sales y/y       July       n/a         7.2% 
 14/09  0800/1000   Monetary base          Aug        n/f       365.5bln 
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    COMPANY RESULTS 
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE FCAST--FORECAST ---- 
                                                      (CZK bln)      ITEM 
 28/08  ECM                  Real estate      n/a       H1 net profit 
 30/08  ORCO     ORCO.PA>    Real estate      n/a       H1 net profit 
 30/08  PEGAS                Textil           n/a       H1 net profit 
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    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. 
================================================================================ 
 
    WEDNESDAY, August 22 
    PRAGUE - Czech cabinet to meet in a regular weekly session. News conference 
seen at 1330 GMT. 
     
    THURSDAY, August 23 
    PRAGUE - Czech central bank governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues. 
 
    TUESDAY, August 28 
    PRAGUE - ECM Real Estate Investments  to release H1 results (1400 
GMT). 
    LUXEMBOURG - Property group ECM  to hold an extraordinary 
shareholders' meeting. 
 
    WEDNESDAY, August 29 
    PRAGUE - 15-year government bond auction . 
     
    THURSDAY, August 30 
    PRAGUE - 52-week T-bill auction. 
    PRAGUE - Czech Statistical Bureau (CSU) to release Q2 real wage at 0700 GMT. 
  * PRAGUE - Artificial textile maker Pegas Nonwovens  to release H1 
results. Conference call at 1500 GMT with CEO Milos Bogdan and CFO Ales Gerza. 
    PRAGUE - Developer Orco Property Group   to publish H1 
results. 
    PRAGUE - Czech central bank governing board to meet on interest rates. An 
announcement is expected after 1000 GMT with a news conference to follow at 
around 1330 GMT. 
    PRAGUE - Cigarette maker Philip Morris CR  to hold a conference 
call with CFO Nicklas Blomqvist and Managing Director Anja Fiedler on half-year 
consolidated results at 1400 GMT. 
     
    FRIDAY, August 31 
    PRAGUE - Czech central bank (CNB) to release July money supply at 0800 GMT. 
 
    MONDAY, September 3 
    PRAGUE - Purchasing Managers' Index (PMI) for August due out at 0730 GMT. 
    PRAGUE - Finance Ministry due to release end-August budget balance. It is 
also expected to release a detailed calendar for the issuance of domestic state 
bonds in the fourth quarter. 
    LUXEMBOURG - Developer Orco Property Group  to hold an 
extraordinary shareholders' meeting. 
 
    TUESDAY, September 4 
    PRAGUE - Czech Statistical Bureau (CSU) to release July foreign trade data 
at 0700 GMT. 
 
    WEDNESDAY, September 5 
    PRAGUE - 5-year government bond auction . 
 
    THURSDAY, September 6 
    PRAGUE - Czech Statistical Bureau (CSU) to release grain harvest forcast at 
0700 GMT. 
    PRAGUE - Czech central bank (CNB) to release Q2 current account balance at 
0800 GMT. 
    PRAGUE - Czech central bank governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues. 
 
    FRIDAY, September 7 
    PRAGUE - Czech Statistical Bureau (CSU) to release Q2 gross domestic product 
at 0700 GMT. 
    PRAGUE - Czech central bank (CNB) to release minutes from its August 30 
governing board meeting at 0700 GMT. 
    PRAGUE - Czech central bank (CNB) to release August forex reserves at 0800 
GMT. 
 
    MONDAY, September 10 
    PRAGUE - Czech Statistical Bureau (CSU) to release August inflation, July 
industrial and construction output at 0700 GMT. 
    PRAGUE - Czech Labour and Social Affairs Ministry to release August 
unemployment data at 0700 GMT. 
 
    THURSDAY, August 13 
    PRAGUE - Czech central bank governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues. 
 
    FRIDAY, September 14 
    PRAGUE - Finance Ministry to detail Q2 government debt figures. 
    PRAGUE - Czech Statistical Bureau (CSU) to release August producer prices 
and July retail sales and foreign trade prices at 0700 GMT. 
    PRAGUE - Czech central bank (CNB) to release August monetary base at 0800 
GMT. 
     
    WEDNESDAY, September 19 
    PRAGUE - 10-year government bond auction . 
    PRAGUE - Czech central bank governing board to hold a regular weekly 
meeting. It is not scheduled to discuss monetary policy issues. 
 
    WEDNESDAY, September 26 
    PRAGUE - 26-week T-bill auction. 
===========================SHAREHOLDERS MEETINGS================================ 
 COMPANY                   RIC                          DATE 
 ECM                                         August 28 
 ORCO                                        September 3 
================================================================================ 
      The Statistical Bureau (CSU) has set the following dates for release of 
macroeconomic indicators (data released at 0700 GMT unless noted): 
    AUGUST 
    30     Real wage (Q2) 
    SEPTEMBER 
     4     Foreign trade (July) 
     6     Grain harvest forecast (Aug) 
     7     Gross domestic product (Q2) 
    10     Inflation (Aug) 
           Construction output (July) 
           Industrial output (July) 
    14     Producer prices (Aug) 
           Foreign trade prices (July) 
           Retail sales (July) 
================================================================================ 
    The central bank (CNB) set the following dates for releases of economic 
indicators (data released at 0800 GMT unless noted): 
    AUGUST 
    31     Money supply (end-July) 
    SEPTEMBER 
     6     Balance of payments (Q2) 
     7     Forex reserves (end-Aug) 
    12     Balance of payments (end-July) 
    14     Monetary base (end-Aug) 
    27     Money supply (end-Aug) 
           Foreign debt and investment balance (Q2) 
================================================================================ 
    Czech central bank governing board meetings 
                                   MEETING TYPE 
    AUGUST 
    23                             regular 
    30                             Situation report 
    SEPTEMBER 
     6                             regular 
    13                             regular 
    19                             regular 
    27                             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): 
    SEPTEMBER 
    10  to end-August 
================================================================================ 
    The Finance Ministry set the following dates for the release of state budget 
balance: 
    SEPTEMBER 
     3   to end-August 
================================================================================ 
              REGULAR STATE BONDS ISSUE CALENDAR 
ISSUE NAME      AUCTION DATE    ISSUE DATE     MATURITY DATE  MATURITY   VOLUME 
                                                            (in years) (CZK bln) 
Reopening of existing issue  
4.70%/22        Aug 29, 2007    Sept 3, 2007    Sept 12, 2022     15         7 
Reopening of existing issue  
3.55%/12        Sept 5, 2007    Sept 10, 2007   Oct 18, 2012       5         6 
Reopening of existing issue  
4.00%/17        Sept 19, 2007   Sept 24, 2007   Apr 11, 2017      10         6 
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