CEZ is the largest firm of the new EU member countries according to market capitalization, and is on the third place in Central Europe

Yesterday record stock price (535.30 CZK) moved CEZ to the third place in listed companies by market capitalization in Central Europe (Czech Republic, Poland, Slovakia, Hungary, Austria). Due to the market capitalization of 10.5 billion EUR, CEZ also gained number one position among the companies whose stocks are traded on the Prague security exchange.

CEZ settled down on the first place in Visegrad four´s listed companies as early as at the beginning of 2005. It has significantly increased the lead ahead of the second Hungarian petrochemical company MOL in the last months. The situation in case of a comparison of all new EU members has been developing the same way for CEZ. Table: Market capitalization in billion EUR as of 27. 7. 2005

	End of 2004	30. 6. 2005	27. 7. 2005	Change in % (compared to the end of 2004)
Bank Creditanstalt	9,8	12,7	12,8	31%
OMV	6,6	10,7	11,2	70%
CEZ	6,6	9,1	10,5	59%
Erste Bank	9,4	9,9	10,0	6%
MOL	5,6	7,5	8,8	57%
OTP bank	6,3	7,8	8,7	37%
Telekom	7	8,1	8,2	18%
TPSA	6,8	7,1	7,5	10%
Raiffeisenbank International*		7,5	6,7
PKO BP	6,8	6,6	6,6	-3%

*new issue from April 2005, i.e. there are no figures for the end of 2004
MOL - Hungarian petrochemical company
OTP bank - the largest Hungarian bank
TPSA - Polish telecommunication company
PKO BP - the largest Polish bank

Eva Novakova, Press Officer, CEZ, a. s.

28. 7. 2005