Today, the Board of Directors of Česká exportní banka met for the first time with its new members. It accepted the resignation by ing. Miroslav Kubišta from the office of the Vice-Chairman of the Board of Directors and thanked him for his work in the office. The Board of Directors elected ing. Lubomír Pokorný, MBA for the Vice-Chairman. As of the day of commencement of the office of the Board of Director members, contracts for the execution of offices of bank’s Deputy General Directors were concluded with ing. Pokorný and ing. Goldmann.

28.5.2008 - At its meeting today, the Supervisory Board of ČEB acknowledged the resignations by ing. Miroslava Hrnčířová, CSc. and ing. Ladislav Dvořák as of 31 May 2008 from the office of bank’s Board of Directors members. With effect of 1 June 2008, it elected ing. Lubomír Pokorný, MBA and ing. Petr Goldmann to bank’s Board of Directors. In accordance with bank’s Articles of Association, the Board of Directors shall continue to work consisting of 5 members.

28.4.2008 A General Meeting of the Czech Export Bank, a.s. today concluded with approval of a basic material assessment of banking activities in the year 2007 and, at the same time, it approved additional important documents. The General Meeting accepted the Report about the activities of the Czech Export Bank, a.s. for the year 2007, as part of which was also presented the Report of the Board of Directors on Business Activities and concerning the status of its assets and approved regular final accounts for the year 2007 and the proposal for distribution of income from the year 2007. It approved the legitimacy of the activities of the Board of Directors and the management of the company during the fulfilment of the conception of the CR government’s pro-export policy.

7. 01. 2008 - Czech Export Bank keeps up with its clients. Positive results of the Czech economy in 2007 were significantly influeced by its export performance. Despite a strong affect of the strengthening crown, Czech companies continue to successfully establish themselves on foreign markets with their goods, services as well as direct investments. Such exports are mostly financed by their "parent“ commercial banks, however the state controlled Czech Export Bank assists them as well. The volume of financial services supporting business and activities of Czech exporters and investors and their foreign partners in the form of credits, guarantees and other products of the Czech Export Bank in 2007 amounted to more than 20 billion Czech crowns. In comparison with 2006 the total volume of credits granted increased by almost 5 %. Export credits and export debt purchases amounted to 13.0 billion out of which almost 11.9 billion were provided to foreign partners of Czech companies by form of buyer's credit, either directly or via their banks. The advantage of this product is the fact that the Czech exporter is being paid at the moment of delivery in compliance with the contract and is not burdened with the financing any more. Within the pre-export financing, the Bank granted credits to its clients in the amount of 3.4 billion crowns for the local production and investments, value of issued guarantees was almost 2.5 billion and credits for financing investments of Czech entities abroad amounted to 2.0 billion CZK.

12.12.2007 – As at the end of November 2007 the volume of contracts for financing Czech exporters and investors and their partners‘ business and activities in the form of credits, guarantees and other products of the Czech Export Bank amounted to more than 18 billion crowns, i.e. the volume that presupposes a total year’s volume in the similar level as in 2006, i.e. 19.9 billion CZK.

25.09.2007 - Traditionally, Česká exportní banka will participate at the International Engineering Tradefair in Brno from 01.10.2007 to 05.10.2007. Financing engineering and power engineering production exports is the major part of export support and that is why the participation at the tradefair a peak of the bank's local activities with respect to focusing its clients and partner banks. For the period of its existence since 1995, Česká exportní banka has supported the Czech exports in the amount of almost 200 billion Crowns. Financial engineering production exports amounts to 97 % of the current ČEB credit portfolio as a whole, the amount of which exceeds 21 billion Crowns.

6. 9. 2007 - Česká exportní banka together with other 60 companies will participate at exhibition "Czech Republic your partner" that commences on 11th September in Siberian Omsk.

21.6.2007 – An agreement was signed in Moscow today between the International Investment Bank and the Russian company VID for the financing of an international investment program for the manufacture of a biological fuel, wooden granules (pellets). The total value of the project is EUR 13 million and the first pellet production line has already been put into operation.

13. 6. 2007 – The Prime Minister of Georgia, Zurab Nogaideli, visited Czech Export Bank in Prague today. He talked with chairman of the board of directors and chief executive officer of Czech Export Bank, Josef Tauber, about the potential for further expansion by Czech subjects in the Georgian market with the support of Czech Export Bank. At meetings with representatives of the business sector as well as state authorities, the same as during the recent visits by the President of the Senate and Prime Minister in Georgia, Czech exporters and investors were informed about the opportunities represented by the Georgian economy. There are opportunities in energy, construction, the expansion and reconstruction of the transportation infrastructure, residential construction, communal management, the food industry and in the potential for the development of the tourism industry in Georgia.

1. 6. 2007 – On Sunday 3 June, over 40 representatives of Czech companies will fly to Sochi with the intention of discovering, on site, the opportunities for participation in the development of the region. Czech Export Bank and other subjects participated in the preparations for this trip. As the candidate city for the Winter Olympic Games, and as an important spa centre hosting over 11 million visitors every year, Sochi is receiving the full support of resources from the state budget. The Russian government has already earmarked over USD 11 billion over the next six years for its accommodation- and tourism-related construction work, infrastructure creation, energy supplies and the building of sports facilities, and, if the city is successful in its bid to win the 2014 Winter Olympic Games, it plans to invest at least the same amount again in this region.

27. 04. 2007 - In connection with the visit of the President of the Czech Republic to the Russian Federation, many business negotiations will take place dealing with the expansion of economic cooperation and Czech exports to Russia. The Czech Export Bank, with 23.3% of its loan portfolio already encompassing the Russian Federation, will participate in several of these actively.

24.04.2007 - The Czech Export Bank general meeting today finalised and assessed the bank’s results for 2006. The volume of contracts for the financing of the activities of Czech exporters and investors as well as their foreign partners through credits, guarantees and other Czech Export Bank products reached almost CZK 20 billion in 2006, representing a growth of 4% over the year before. Almost 71% of the contracts were for direct support for business operations abroad (i.e. export credits, guarantees and investment financing). The remaining 29% of the concluded contracts were for financing export-based manufacturing, which is proof of the high level of interest being shown by exporters in the comprehensive financing of their export projects and the ability of the bank to meet these needs. The bank ended the year posting a profit of CZK 99 million, while all the generated resources will be transferred to the bank’s export risk fund, allowing it to expand its support for exports to higher-risk territories.

23. 03. 2007 - Czech Export Bank established a mandate for the London investment bank Morgan Stanley for arranging the program for emitting medium-term bonds for a total value of one billion euros. The first partial emission in the framework of this program is expected in the court of the second quarter of 2007. Subsequent emissions will follow depending on CEB’s need for resources for financing planned export and investment projects of Czech companies.

16. 03. 2007 - Czech Export Bank signed an agreement today with HSBC Czech Republic on participating in financing a project for construction of the Baloki steam-gas power plant in Pakistan. The project’s general contractor is Škodaexport Praha, which will oversee the work of other Czech and foreign firms. The contract is worth USD 150 million in total. Both participating banks will provide the required guarantees and financing for the manufacturing and deliveries for their ow export case (pre-export financing). The transaction will be insured by EGAP. The cooperation between the state-owned Czech Export Bank with the renowned private financial institution will enable the largest export case to Pakistan in a very long time, and concurrently confirms that Czech companies are able to export large turnkey industrial plants for the power industry as they have done in Turkey, China, and the Russian Federation in recent years.

The value of contracts for financing the business and activities of Czech exporters and investors and their foreign partners through credits, guarantees and other products offered by Czech Export Bank reached over CZK 19 billion in 2006. Of this amount, export credits accounted for a total of 9.2 billion, of which almost 8.5 billion was provided in the form of buyer export credits to partners of Czech companies, either directly or through their banks. As part of pre-export financing, the Bank signed with its clients in this country contracts worth CZK 3.8 billion for manufacturing and investment for export, while the value of issued guarantees came to almost CZK 1.8 billion. This meant that in comparison with 2005 the value of signed contracts increased by 10%.

Czech Export Bank was today visited by Habib SY, the Senegalese Minister of Infrastructure, Equipment and Land and Maritime Transport. He was interested in the possibility of financing transport infrastructure and equipment projects, in particular for Dakar, which would be carried out by Czech companies.

Financing all types of exports by the engineering industry from the production of machines and equipment for power plants or rail wagons and investment makes up 97% of the current CEB credit portfolio, which has now reached almost CZK 18 billion.

Chief Executive and Chairman of the Board of Directors of Czech Export Bank Josef Tauber today signed in Yekaterinburg the first documents for the financing of deliveries of equipment for the important Russian manufacturer of transportation equipment Uralvagonzavod with the representatives of the Russian side. These are component contracts worth EUR 44 million out of the total master contract worth around EUR 300 million, which should be carried out over the next three years. The general contractor is Alta, a.s

The Czech Export Bank general meeting today finalised and approved the bank's 2005 results. Regarding the financing of exports with state support, during 2005 credit contracts and contracts for issuing guarantee certificates were signed with a total value of CZK 19.2 billion, representing a year-on-year increase of 11%. The greatest portion of export and investment financing is directed towards CIS countries (35% of contract volumes). Exports to EU countries represent 23% of the total volume of contracts signed in 2005.

In the coming days Czech Export Bank will contact its exporting clients to find out whether and to what extent they have been affected by the current flooding. Bank employees are interested in discovering whether production for export or shipping dates has been threatened. The bank's management has instructed the responsible employees to support Czech exporters to the maximum possible extent, including in their negotiations with foreign buyers and their banks.

As part of the visit by President V.V. Putin tomorrow, the Master Credit Contract will be formally signed between Czech Export Bank and Vnesheconombank for medium-term financing of exports from the Czech Republic to the Russian Federation. This contract will permit more flexible financing under better conditions for projects under preparation in the field of cooperation between Czech and Russian enterprises. Credits for exports and investments into Russia today make up over 20% of the CEB portfolio and we can assume that this share will only increase with the further development of cooperation between the two countries.

Czech Export Bank has entered the new year with the successful completion of negotiations with the state enterprise Montenegro Railways that has created the foundations for the realisation of large-scale and technically demanding commissions for the reconstruction of the railway line between the towns of Nikšić and Podgorica. This reconstruction will be carried out by the Czech enterprise Železniční stavitelství Brno, which has already also signed the appropriate contract worth almost EUR 50 million.