Nuclear Power Plant news pg. 1

CEZ has received a decision of the Romanian company SC Electrocentrale Galati SA which has qualified the company into the tender for the strategic partner for modernization of existing plant or/and construction of a new plant in Romanian Galati. CEZ Power Company is thus entitled to submit its final offer under this tender. The next steps and the date for the submitting of the final offer has not been fixed yet.

Market share of the ČEZ Group for end customers is 44.5 %

CEZ has today set the terms for a local bond issue being launched in the Czech market. CEZ is issuing bonds, with a fixed interest 4.30 % p.a. and a nominal value of a bond at CZK 10,000, with an issue rate of 99.93 % of the bond nominal value. The amount of bonds issued on the date of issue totals CZK 7 000 000 000. The bonds will mature in 2010 and will be quoted and traded in the main market of the Prague Stock Exchange starting on the issue date set for August 27, 2007.

The Moscow government has issued a resolution to build three power units with the total output of 600 MW under the direction of the CEZ Power Company. The investment contract on the project implementation will be negotiated in the course of the following 6 months.