Nuclear Power Plant news pg. 2411

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.

Units 1,2,3,4 are operated at full rated power. All auxiliary systems are working in accordance with operational needs of units. Electricity production since the beginning of operation: 274 387 194 MWh.

At Unit 1, a planned outage is under way, that is connected with the annual refueling of ¼ of the reactor fuel. Unit 2 is in operation at planned power level. All auxiliary systems are working in accordance with the operation needs of individual units.

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.