New Member of CEZ Board of Directors

The Board of Directors of the power-generation company CEZ, a.s. has co-opted yesterday its fifth member Zdenek Duba, I&C Energo, s.r.o. General Director.

According to Article 15, Paragraph 4 of CEZ Articles of Association, the Board of Directors may appoint (co-opt) substitute members pending the next general meeting providing that the number of its members elected by the general meeting did not drop below a half. The Chairman of the Board of Directors Theodor Dvorak used the opportunity and proposed that Zdenek Dub be appointed a substitute member of CEZ Board of Directors pending the next general meeting. The Board of Directors unanimously approved the motion. The vacancy in CEZ Board of Directors was after Mr. Milan Cerny, CSc. had left when he resigned on his position of CEZ Board member on this 15th February.

Zdenek Duba graduated from the Faculty of Electrical Engineering, Department of "Energy Economy and Management" at CVUT (Technical University) Praha. He also passed postgraduate studies in "Nuclear Power Plants" at the same Faculty. Zdenek Duba worked in CEZ in numerous positions in the field of nuclear power generation and commencing from 1993 is the general director of CEZ wholly owned daughter company I&C Energo, s.r.o. This company deals in the implementation of projects, supplies, installations and servicing of measurement and control technology for power-generation facilities.

Ladislav Krizpress, spokesman of CEZ

16. 5. 2000