Nuclear Power Plant news pg. 8

Others

CEZ invests into multilateral Carbon Credit Fund (MCCF) administered by the European Bank for Reconstruction and Development and the European Investment Bank

CEZ power company entered, through its public declaration, into obligation to invest into reductions of CO2 emissions independetly as well as in a new way, through specialized funds and isntitutions, such as, the European Bank for Reconstruction and Development. One of the first steps is the commitment to put up to 10m euro, but minimally 5m euro, into the carbon fund of MCFF. The investment will go to Joint Implementation (JI) projects and Clean Development Mechanism (CDM) in the countries where the EBDR is active.

13. 12. 2006

Others

CEZ Group´s structure in Bulgaria will approximate to funcioning of CEZ in the Czech Republic

Lubos Pavlas will be the new general director of CEZ Bulgaria and country manager of CEZ Group for Bulgaria from New Year´s Day

13. 12. 2006

Others

New Chairman of the Supervisory Board of CEZ Power Company

On today’s meeting, CEZ, a. s. Supervisory Board has acknowledged the resignation of the present Chairman of the Supervisory Board, Mr. Zdeněk Hrubý.

13. 12. 2006

Others

CEZ plans to invest in the construction of a new coal power plant in the Serb republic (Bosnia and Herzegovina)

Gacko, 4 December 2006 - Today in Gacko, the Premier of the Serb republic Mr. Milorad Dodik, and the Chairman of the Board of Directors and CEO of the CEZ Power company Mr. Martin Roman, signed an Agreement on Investment into a new coal power plant with an output of 600 to 700 MW and development of the adjacent coal mine. CEZ?s future investment will reach about EUR 1.5 billion.

4. 12. 2006