Mr. Jaroslav Mil Becomes CEZ New Chairman and General Director

The new elected supervisory board of the power-generation company CEZ has elected today at its first meeting Ms. Milada Vlasakova to be its chairperson after resignation of Mr. Frantisek Brozik. CEZ board of directors also revoked three of its members - the Chairman Theodor Dvorak and members Stanislav Svoboda and Zdenek Duba.

The new elected supervisory board of the power-generation company CEZ has elected today at its first meeting Ms. Milada Vlasakova to be its chairperson after resignation of Mr. Frantisek Brozik.

CEZ board of directors also revoked three of its members - the Chairman Theodor Dvorak and members Stanislav Svoboda and Zdenek Duba.

Frantisek Hezoucky, the Director of Temelin nuclear power plant, has remained in the board of directors. Jaroslav Mil, the General Director of Elektrarny Opatovice Co., Josef Sedlak, the Finance and Administration Director of Dukovany NPP, and Pavel Hejkal, Executive of CARBOUNION BOHEMIA, s.r.o. have been elected to be new members of the board of directors. The fifth member will be elected later.

Then, CEZ board of directors has elected Mr. Jaroslav Mil the Chairman and General Director. Mr. FrantiĹˇek Hezoucky has become the Vice-Chairman.

Before joining Elektrarny Opatovice Co., Mr. Jaroslav Mil had been for many years with CEZ, last as the Purchasing and Fuel Cycles Director.

Ladislav Krizpress, spokesman of CEZ

4. 7. 2000