Ranní komentář k akciovým trhům 14.05.02

We expect the market to turn around in its yesterday's downside trend.

*CESKA SPORITELNA: Erste Bank controls 91.59% of voting rights and 84% of all shares in CS.

*MACRO: The Czech Stat. Office will reveal March's indust. output figures.

*CESKE RADIOKOMUNIKACE will hold an AGM tomorrow (May 15, 2002).

*CESKY TELECOM is offering a 50% cut in its Internet connection price during the holiday period.



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