762 passenger cars were produced inUkraine

Where: those who cannot listen to the live call, a replay will be available throughThursday, March 5, 2009 by calling (303) 590-3000 and using the pass code11125734. A replay can also be found in the investor relations section of theCompanys web site at For more information, please contactDonna Washburn at DRG&E at (713) 529-6600 or email ut Pioneer Drilling CompanyPioneer Drilling Company provides land contract drilling services to independentand major oil and gas operators in Texas, Louisiana, Oklahoma, Kansas, the RockyMountain region and internationally in Colombia through its Pioneer DrillingServices Division. The Company also provides workover rig, wireline and fishingand rental services to producers in the U.S. Its fleetconsists of 70 land drilling rigs that drill at depths of 6,000 and 18,000 feet,74 workover rigs (sixty-nine 550 horsepower rigs, four 600 horsepower rigs andone 400 horsepower rig), 59 wireline units, and fishing and rental tools. Pioneer Drilling CompanyWilliam Hibbetts, Interim CFO, 210-828-7689Lisa Elliott, Anne Pearson, DRG&E, 713-529-6600 Copyright Business Wire 2009.

DUBLIN, Ireland(Business Wire)Research and Markets( http://) hasannounced the addition of Globis GmbH's new report "Ukrainian Automotive Market:Passenger Cars, Components and Spare Parts 2007/2008 - 2010" to their offering. Ukraine is, with a population of 46 million, one of the largest markets inCentral and Eastern Europe (CEE). USD and growthrates of estimated 7 at constant prices in the next years, Ukraine is aboveaverage among the CEE states. Ukraine's car penetration is still much lower than in Western European markets,but higher than in other CEE countries like Romania or Bulgaria. In terms of carparc, Ukraine is in a mid-range position among CEE states with about 5,6 mio.cars in parc in 2006.

Until 2006 the car parc has experienced only slow growthwith a CAGR of 2,38 between 2002 and 2006, as imports of used cars declinedthrough government regulations. As recently as 2006 the average growth rate ofthe car parc significantly increased and has reached slightly over 6 mio carsby the end of 2007. Although new car sales make up a majorpart of the annual additions to the car parc, the majority of cars are stillolder than 10 years. The major risk is the current economic situation, whichcould affect the Ukraine substantially and jeopardize economic growth overall. In line with this development, the Ukrainian new car market istogether with Russia and Poland the largest new car market in all CIS and CEEcountries. More than 50 of new cars sold in 2007, were domestically produced.

These carsare not only Ukrainian brands, but also foreign brands manufactured throughcontractual arrangements In 2007, 387.762 passenger cars were produced inUkraine. With opening of the market due to WTO accession, Ukrainianmanufacturers loose their competitive advantages and importers of foreign carsare expected to increase their share of new cars sold. Nevertheless, Ukraine haspositioned itself as a production base for automobiles. Although there aredomestic brands like ZAZ, the major part of the car production derives fromcontractual arrangements with foreign car makers The aftermarket currently has a size of 0,97 bn EUR and is expected to increaseto 2,06 bn EUR in 2010. The aftermarket is one of the most attractive sectorsin Ukrainian automotive industry over the next years.