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19. 5. 2006

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CEZ will gain heat distribution in the north of Bohemia

CEZ Power Company and Czech Energy Holding, a.s. (CEH), controlled by one of the founders and partners of J&T financial group, Patrik Tkac, agreed on a plan to carry out a transaction, which will result in integration of operation units of United Energy, a.s. ? controlled by CEH supplying heat to the localities of Chomutov, Teplice, Klasterec nad Ohri, Kadan and Bilina ? into CEZ Group, a.s., during the very year 2006.

Concrete conditions of the transaction will be finalized in the following weeks.

The agreement concerns warm-water distribution used for supplies to end consumers. Heat into this distribution system is supplied by CEZ power plants – Tusimice, Prunerov and Ledvice – so it is in the company´s interest to own even the distribution of that heat.

Petr Málek, Marketing Director J & T

Ladislav Kříž, Press Officer, CEZ