New or amended items marked *
                                 ALL TIMES GMT (Note: Czech Republic GMT+2)
                                 See below for full macroeconomic forecasts
================================================================================
                                 UPCOMING ECONOMIC INDICATORS <ECONCZ>
 DATE---GMT/LOCAL---INDICATOR--------------PERIOD----FORECAST----PRIOR
 15/05  0700/0900   GDP estimate y/y       Q1        -2.4%        0.7%
 15/05  0700/0900   Producer prices m/m    April     -0.2%       -1.1%
 15/05  0700/0900   Producer prices y/y    April     -2.2%       -2.0%
 15/05  0700/0900   Export prices y/y      March      n/f         8.3%
 15/05  0700/0900   Import prices y/y      March      n/f         4.5%
 15/05  0800/1000   CA balance CZK         March      5.1bln     17.13bln
 28/05-02/06  n/a   Industrial estimate    April      n/a       -17.5%
 29/05  0800/1000   Money supply           April      n/f         9.1
 01/06  0730/0930   PMI index              May        n/f        38.6
 01/06     n/a      Budget balance         May        n/f       -55.66bln
 05/06  0700/0900   Real wage y/y          Q1         n/f         3.4%
 05/06  0800/1000   FX reserves            May        n/f        27.87bln
 08/06  0700/0900   Foreign trade          April      n/a        23.38bln
 08/06  0700/0900   Unemployment           May        n/a         7.9%
 09/06  0700/0900   Inflation m/m          May        n/a        -0.1%
 09/06  0700/0900   Inflation y/y          May        n/a         1.8%
 09/06  0700/0900   GDP y/y                Q1        -2.4%        0.7%
 11/06  0700/0900   Industrial output      April      n/a       -17.0%
 11/06  0700/0900   Construction output    April      n/f        -9.4%
 15/06  0700/0900   Retail sales y/y       April      n/a        -1.1%
================================================================================
                                 COMPANY RESULTS
 DATE---COMPANY----------RIC------------SECTOR------AVERAGE FCAST--FORECAST ----
                                                                                  NET PROFIT     ITEM
                                                                                  CZK bln
 18/05  Zentiva         <>     Pharma           n/a       Q1 results
 19/05  NWR             <NWRS.L>        Mining           n/a       Q1 results
 20/05  ORCO            <>     Real estate      n/a       Q1 results
 27/05  ECM             <>     Real estate      n/a       Q1 results
 28/05  PEGAS           <>     Textil           n/a       Q1 results
--------------------------------------------------------------------------------
                                 NOTE. n/a = not yet available
                                       n/f = not forecast
                                 For real-time indicators, click on <ECONCZ>.
                                 For all Reuters short and medium-term forecasts of Czech indicators, click
on <CZ/ECON01>.
================================================================================
                                 FRIDAY, May 15
                                 PRAGUE - Q1 gross domestic product estimate data at 0700 GMT.
                                 PRAGUE - April producer prices and March foreign trade prices data at 0700
GMT.
                                 PRAGUE - Minutes from the May 7 governing board meeting at 0700 GMT.
                                 PRAGUE - March current account balance data at 0800 GMT.
                                 PRAGUE - The lower house of parliament to continue an extraordinary session.
Public health insurance law at the schedule (0700 GMT).
                                 HAMILTON, Bermuda - Television group Central European Media Enterprises
<CETV.O> <> to hold an annual shareholders' meeting.
                                 
                                 MONDAY, May 18
                                 PRAGUE - The Czech cabinet to hold a session. News conference to follow.
                                 PRAGUE - Drug maker Zentiva <> should release first quarter
results.
                                 TUESDAY, May 19
                                 AMSTERDAM - Coal mining firm New World Resources (NWR) <NWRS.L> <NWRSsp.PR>
to release first quarter results. Conference call for investors and analysts at
1300 GMT.
                                 
                                 WEDNESDAY, May 20
                                 PRAGUE - Developer Orco Property Group <> should release first
quarter results.
                                 PRAGUE - 15-year government bond auction.
  * PRAGUE - Summit EU - China (Troika) with Czech President Vaclav Klaus,
European Commission President Jose Barroso, Secretary General of the Council of
the European Union Javier Solana and Chinese Prime Minister Wen Jiabao. News
conference at 1445 GMT.
                                     
                                 THURSDAY, May 21
                                 PRAGUE - 39-week T-bill auction.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 WEDNESDAY, May 27
                                 LUXEMBURG - ECM Real Estate Investments <> should release first
quarter results after markets hours.
                                 
                                 THURSDAY, May 28
                                 PRAGUE - Artificial textile maker Pegas Nonwovens <> should release
first quarter results.
                                 PRAGUE - 52-week T-bill auction.
                                 PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 THURSDAY, May 28 - TUESDAY, June 2
                                 PRAGUE - March industrial preliminary data.
                                 FRIDAY, May 29
                                 PRAGUE - April money supply data at 0800 GMT.
                                 
                                 MONDAY, June 1
                                 PRAGUE - Purchasing Managers' Index (PMI) for May due out at 0730 GMT.
                                 PRAGUE - End-May budget balance data and a detailed calendar for the
issuance of domestic state bonds in the seventth month of 2009.
                                 WEDNESDAY, June 3
                                 PRAGUE - 10-year government bond auction <CZ1002471=>.
                                 THURSDAY, June 4
  * PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 FRIDAY, June 5
                                 PRAGUE - Q1 real wage data at 0700 GMT.
                                 PRAGUE - May foreign exchange reserves data at 0800 GMT.
                                 
                                 FRIDAY, June 5 - SATURDAY, June 6
                                 Czech Republic - European Parliament elections.
                                 WEDNESDAY, June 8
                                 PRAGUE - April foreign trade data at 0700 GMT.
                                 PRAGUE - May unemployment data at 0700 GMT.
                                 TUESDAY, June 9
                                 PRAGUE - Q1 gross domestic product at 0700 GMT.
                                 PRAGUE - May inflation data at 0700 GMT.
  
                                 TUESDAY, June 9 - FRIDAY, June 19
                                 PRAGUE - The lower house of parliament to hold a session.
                                 
                                 THURSDAY, June 11
                                 PRAGUE - April industrial and construction data at 0700 GMT.
  * PRAGUE - 52-week T-bill auction.
  * PRAGUE - Czech central bank governing board to hold a regular weekly
meeting. It is not scheduled to discuss monetary policy issues.
                                 MONDAY, June 15
                                 PRAGUE - Finance Ministry to detail Q1 government debt figures.
  * PRAGUE - April retail sales data at 0700 GMT.
                            
            
         
					 
					 
						 
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                         
                        