Announcement of the Czech National Bank on a change of exchange rates publishing as of 2.1. 2009

With effect from 1 January 2009 Slovakia will adopt Euro, which will replace the local currency Slovak Koruna (SKK).

In connection with this change the Czech National Bank will implement a change of exchange rate publishing with effect from 2 January 2009. SKK will be replaced by Indian Rupee (INR) in the CNB foreign exchange fixing. The exchange rates effective from 31 December 2008, which will be set on 31 December 2008, will be published in the existing form.

The new list of exchange rates effective from 2 January 2009, which will be set on 2 January 2009, will not contain the Slovak Koruna but it will contain Indian Rupee.

Under the Act on Accounting and other legal norms, the exchange rates are used for non-business purposes (valuing assets and liabilities, tax and customs proceedings, etc).