Press releases pg. 22

Others

The proposed amount of CEZ´s dividend: 15 CZK

Yesterday´s meeting of the Board of CEZ Power Company decided on a proposal for the amount of a dividend from the last year´s profit (non-consolidated), which is going to be submitted to the general meeting on 23rd May 2006. The Board is going to propose a gross dividend in the amount of 15 CZK per share (nominal value 100 CZK).

11. 5. 2006

Others

CEZ has submitted an improved bid for Romanian distribution company Electrica Muntenia Sud

CEZ Power Company, has today sent, within a privatization tender, an improved offer for a 67.5 % share in the Romanian distribution company Electrica Muntenia Sud S.A.

9. 5. 2006

Others

Zdenek Pasak has been elected a new member of the CEZ Board

Zdenek Pasak, staff manager of the division Personalitika CEZ (Human Resources), has been elected a new member of the CEZ Board as from April 22, 2004 at today´s meeting of the Supervisory Board. He has thus replaced Alan Svoboda, who has resigned.

20. 4. 2006

Others

CEZ shares are steering for the Warsaw Stock Exchange - WOOD & Company Financial Services will be the manager of dual listing of CEZ shares in Poland

CEZ Power Company and WOOD & Company Financial Services have concluded an agreement about cooperation during the planned entry of CEZ shares in the Warsaw Stock Exchange.

20. 4. 2006