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Stock transfer of SME and SCE regional distributional companies between power companies E.ON and CEZ completed

27. 10. 2004

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Stock transfer of SME and SCE regional distributional companies between power companies E.ON and CEZ completed

Pursuant to the option contract about the sale of the remaining minor shares in the regional power companies SME a SCE owned by the E. ON Group, which was signed by CEZ and E.ON in July last year, the stocks were actually transferred and finance settled between both companies on 27 October, 2004.

The E.ON Group transferred 30.28 % share of SME (North-Moravian Power Company)and 5.92 % share of SCE (North Bohemian Power Company) to CEZ. Thereby CEZ now owns 89.38 % share in SME and 56.93 % share in SCE.