Fixing the price of Private Placement Bond Issue

Prague, 23 August 2012 - ČEZ, a. s., (A2/A-) successfully fixed the price for a thirty-five year private placement bond issue of a nominal amount EUR 60mil. The coupon was set at 4.383% p.a. The expected issue date is 3 September 2012. The notes will be issued within the framework of established EMTN (Euro Medium Term Notes) programme. UniCredit Bank AG acts as sole dealer.