1. WELCOME TO THE CZECH REPUBLIC Jiri Preclik, Vladimir Vyskocil 10th October 2011 Investment opportunities in IT sector

2. mission CZECHINVEST Investment & Business Development Agency to support foreign direct investment to develop local companies to implement business-development programs to improve business environment Ministry of Industry and Trade CzechInvest Investment and Business Development Agency State contributory organisation

3. OUR SERVICES TO POTENTIAL INVESTORS -- Collect/provide information -- Identify sites and buildings -- Find potential suppliers / JV partners -- Liaise with government bodies/local authorities -- Handle investment incentives -- Enable access to structural EU funds -- Provide aftercare services our services are free of charge Source: CzechInvest, 2010

4. Population 10.5 million Labour force 5.3 million Unemployment 8.2 % GDP growth 2.3 % Annual inflation 1.5 % Average monthly wage (nominal) EUR 947 USD 1253 CZECH REPUBLIC: BASIC DATA 2010 Source: Czech Statistical Office 2011, Czech Ministry of Finance, September 2011

5. INVESTMENT RISK RATING Source: Czech National Bank, April 2011 COUNTRY STANDARD AND POOR´S MOODY´SFITCH SloveniaAAa2A Czech RepublicAA-A1A+A+ SlovakiaA+A1A1 EstoniaAA1A PolandA-A2A- HungaryBBB-Baa3BBB- Bulgaria BBBBBB Baa3BBB- RomaniaBB+Baa3BB+

6. Source: Institute for Information on Education CzechInvest, 2010 * Note: according to the selected educational fields - source CzechInvest ICT Faculties Students: 32,789 Graduates: 6,575 PRAGUE REGION Students: 12,353 Graduates: 2,464 LIBEREC REGION Students: 799 Graduates: 455 HRADEC KRALOVE Students: 782 Graduates: 114 PARDUBICE REGION Students: 1,073 Graduates: 112 MORAVIA-SILESIA Students: 3,935 Graduates: 720 ZLIN REGION Students: 1,794 Graduates: 418 SOUTH MORAVIA Students: 8,058 Graduates: 1,897 PLZEN REGION Students: 2,364 Graduates: 539 Technical Universities Students: 80,245 Graduates: 17,109 PhD grad.: 1,029 Czech Republic Academic Institutions – R&D Potential

7. ╌ Skills Are the Critical Factor for Success in ICT Sector ╌ Creative, Innovative, Skilled and Experienced Professionals ╌ Lower costs compared to Western Economies Source: CzechInvest, 2011; The Economist Intelligence Unit, 2010; Watson Wyatt Data Services / USD = 16.908 CZK (www.cnb.cz 6-19-2011)www.cnb.cz PositionCRUSA IT Top Management6,50010,000 MIS Management4,8007,400 Systems Analysis Professionals 1,6003,300 Programming Professionals 1,3002,700 13.19 Czech Republic Favorable Labour Costs

8. Czech Republic Technology and Innovation Hub in the Heart of Europe Selected FDI / ICT Sector Source: CzechInvest, 2011

9. Summary  Stable economic climate  Very good education system  Advanced domestic IT market  Financial support programmes  Attractiveness for investors