Press releases pg. 29

CEZ Power Company has today submitted a tentative, not binding offer for the Polish coal company Katowicki Holding WÄ™glowy S.A. The privatization tender for a fully 10 % share in the company was announced by the Polish government at the end of this year´s August.

A newly established company of the CEZ Group CEZ Distribution Services, s.r.o. is going to start its activity on July 1 next year. More than 2,200 people, placed all around the area of the CEZ Group, will find work there. Besides the employees of Severomoravska energetika, a.s., also employees of distribution joint-stock companies Vychodoceska energetika, Zapadoceska energetika, Severoceska energetika and Stredoceska energetika are moving there.

Technological equipment of the Tusimice I power plant is being removed and a total demolition is under way in order to improve the state of the environment, the landscape physique, secure safety, and mainly by reason of preparing the locality for future industrial usage. The goal is to clean up and prepare the site, which has entire infrastructure, for future industrial usage.

Today representatives of the National Property Fund of the Czech Republic (FNM CR) and CEZ Power Company have signed Agreement about a purchase and sale of shares, under which CEZ is buying a 55,792 % share in Severoceske doly owned by FNM CR. By this step, CEZ will increase its present 37.31 % share in the company to 93.102 %. The purchase price amounts to 9,046m CZK.