Daily monitor

Automobile plant “Bogdan” [LUAZ, U/R] reported 1H08 net income increase of 6 times YoY amounting to USD 29.7 mln.

A shareholder of Ukrnafta [UNAF UZ, Strong BUY] with a stake of more than 10% announced another AGM for September 09.

Last weekend, on July 25-26, heavy rainfall caused over-flooding in Western Ukraine, resulting in property and crops being damaged.

Official Ukraine state statistics have been provided, showing industrial output changes by region for June 2008.

The Ukraine State Statistics Committee announced that the real incomes of Ukrainians grew MoM in all regions of Ukraine, with an aggregate 5.2% MoM growth.

The Ukrainian Parliament’s Speaker, Mr. Arseniy Yatseniuk, scheduled an emergency Parliament meeting for Thursday, July 30, to address the current natural disaster in Western Ukraine.

The Ministry of Finance of Ukraine announced that. in May, Ukraine’s external debt decreased by 0.3% MoM to USD 10.86 bln and its internal debt decreased by 1.34% MoM to UAH 17.23 bln (USD 3.55 bln).

The National Bank of Ukraine (NBU) announced that Ukraine’s monetary base is expected to rise 25-30% and M1 by 35-40% in 2008.

The National Bank of Ukraine (NBU) announced that Ukraine’s current balance deficit increased (YoY) to USD 6.7 bln in June 2008 (7.7% of GDP).

The Ukrainian government approved an increase of UAH 1.48 bln (USD 305 mln) to the budget reserves.