Press releases pg. 55

Others

Economic results of the CEZ Power Company in the first half of the year 2003

31. 7. 2003

Others

CEZ and E.ON have come to an agreement

Today, CEZ and E.ON concluded an agreement covering a set of transactions, aimed at a mutual exchange of the companies? minorities in Czech regional power utilities. In the scope of the agreement, CEZ undertakes to transfer its 35.21 % minority share in Jihomoravska energetika (South Moravian Power Company, abbreviated as JME) and a 34.01 % share in JihoÄŤeska energetika (South Bohemian Power Company, abbreviated as JCE) to E.ON. ¨

4. 7. 2003

Others

Preliminary results of the compulsory offer of equity in STE and ZCE

On 2nd June 2003, the CEZ company made a compulsory offer to the shareholders of Stredoceska energeticka, a. s., (Central Bohemian Power Company, abbreviated as STE), offering them 2,033 CZK per one share, and to the shareholders of Zapadoceska energetika, a. s., (West Bohemian Power Company, abbreviated as ZCE), offering them 6,179 CZK and 30 hellers per one share.

4. 7. 2003

Others

CEZ and SKODA Praha have agreed to settle their disputes

The representatives of the CEZ company and the SKODA PRAHA joint-stock company have signed an agreement settling their formerly unresolved disputes and defining their relationship.

16. 6. 2003